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About This Home

This 4-bedroom, 3-bathroom single family at 40 GREENWOOD Shoals in Grasonville, MD is listed for $1,275,000 ($372 per sqft). Built in 1987, the home offers 3,426 sqft of living space on a 1.05 acres lot.

Agent Description

MAJOR PRICE IMPROVEMENT! Just in time to enjoy your Prospect Bay waterfront home this summer! Welcome home to this waterfront property in the Eastern Shore's premier golf course community of Prospect Bay. Set on just over an acre overlooking Little Greenwood Creek, this home offers peaceful views, spacious living areas, and direct water access.

From the moment you enter, the welcoming foyer with coat closet opens to a bright living room with large windows plus a stone fireplace, and a dining area that overlooks the backyard and water, creating a light-filled space ideal for everyday living and entertaining.

The remodeled eat-in kitchen features abundant natural light, granite countertops, and direct access to the deck, where you can enjoy relaxing water views or dine outdoors. The home's thoughtful layout continues on the lower level with an additional living area, half bathroom, laundry room, and convenient access to the spacious three-car garage.

Sliding doors off the lower living area lead directly to the backyard and patio, seamlessly connecting indoor and outdoor living. Upstairs, you'll find four generously sized bedrooms, including a primary suite with beautiful water views, a walk-in closet, double vanity, and an electric fireplace that adds a cozy touch to the space.

Situated on a large lot, the backyard provides plenty of room for outdoor entertaining and offers the potential for a pool overlooking the water. The recently redone pier allows for easy access to Little Greenwood Creek and the Chesapeake Bay, making this an excellent opportunity for those who enjoy waterfront living and boat rides to the Narrows, Saint Michaels, Annapolis, and beyond.

Prospect Bay community offers an array of amenities, including an 18-hole golf course, a clubhouse with a members-only restaurant and bar, a marina with a launch, a pool, tennis and pickleball courts, a playground, and year-round social activities. Here, every day feels like a vacation.

Key Features

  • Built in 1987
  • 1.05 acre lot
  • 2 stories
  • 9 parking spaces
  • Fireplace
  • Waterfront

Property Details

2 stories
2 full, 1 half
9 spaces
1987

Amenities

FireplaceWaterfrontA/C

Monthly Cost Estimate

$7,494/mo

20% down · 6.5% · 30 years

Principal$922
Interest$5,525
Insurance$372
HOA$675

Estimates only. Actual payments may vary.

Location

40 GREENWOOD Shoals

Grasonville, MD 21638

PROSPECT BAY

Features & Amenities

Interior Features

Bathroom - Jetted TubBathroom - Walk-In ShowerAtticBarCarpetCeiling Fan(s)Dining AreaFamily Room Off KitchenFloor Plan - OpenFormal/Separate Dining RoomKitchen - Eat-InKitchen - IslandKitchen - Table SpaceRecessed LightingSkylight(s)Walk-in Closet(s)Wet/Dry Bar

Property Details

Construction

Frame

Parking

DrivewayGarage - Attached

Heating

Heat Pump (Heating)

Cooling

Ceiling Fan(s)ZonedCentral AirHeat Pump

Appliances

Central VacuumBuilt-In RangeDishwasherDryer - Front LoadingENERGY STAR RefrigeratorIcemakerOven - Self CleaningOven - SingleOven - WallRefrigeratorOven/Range - ElectricWasher - Front LoadingWaterHeaterStainless Steel AppliancesCooktop

Questions & Answers

This 4-bedroom, 3-bathroom single family at 40 GREENWOOD Shoals is listed at $1,275,000 ($372/sqft). The estimated monthly payment is $6,200 based on 20% down at 6.5% interest.

HOA fees are $675/month.

Key features include: Built in 1987, 1.05 acre lot, 2 stories, 9 parking spaces, Fireplace, Waterfront. Interior Features: Bathroom - Jetted Tub, Bathroom - Walk-In Shower, Attic.

This property is listed by Biana Arentz and can be reached at 4104900332 or biana.arentz@cbmove.com.

BA

Biana Arentz

Agent at Coldwell Banker Realty

(410) 490-0332

Listed by Coldwell Banker Realty · View on Broker Site

MLS# MDQA2016558· Source: listhub· Updated 47 days ago

Copyright © 2026 Bright MLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

40 GREENWOOD Shoals, Grasonville, MD 21638

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