Off Market

509 Prospect Bay Dr E

Grasonville, MD, 21638 • 21638 • Queen Annes County

$1,315,100

$546/sqft

2.5Baths

2,410Sqft

5 acLot

1978Built

Property DNA

2 highlights

Waterfront Property

Direct water access

Conventional Style

Built 1978 · 48 years of history

Market activity

Demand and pricing signals for this listing

13 views

People checking out this listing

$546/sqft

Price per square foot

About this home

Single Family · Built 1978

This is a 2410 square foot, 2.5 bathroom, single family home. This home is located at 509 Prospect Bay Dr E, Grasonville, MD 21638.

Estimated monthly payment

Based on current rates

$8,308/month

Principal & Interest$6,529

Property Tax$1,315

Insurance$438

HOA$25

Down payment20% ($263,020)

3%50%

Est. 6.33% rate · 30yr fixed · $1,052,080 loan

Full calculator →

At a glance

Key facts and listing details

TypeSingleFamily

Year Built1978

HeatingHeat pump

ParkingGarage - Attached

HOA$25 monthly

Lot5.01 Acres

Property

Home typeSingle Family

StyleConventional

Year built1978

Systems

HeatingHeat pump

RoofShake / Shingle

Constructionbrick

Parking & Outdoor

ParkingGarage - Attached

Lot5.01 Acres

Location & Tax

Neighborhood21638

Annual tax$8,848

Parcel05022266

Bathrooms & Fees

HOA$25/mo

Features & details

4 categories of property features

Interior Features

Heating

Heat pump

Exterior Features

Exterior

Brick

Parking

Garage - Attached

Construction

brick

Listing insights

Market data and value estimates

StatusOff Market

Est. value$1,315,100

Est. rent$4,076/mo

Tax rate0.79%

Price/sqft$546

Tour days6

How are the schools in Grasonville?

3 schools rated nearby

Grasonville Elementary School

Primary • Public • PK-5

3.0 mi

Stevensville Middle School

Middle • Public • 6-8

7.7 mi

Kent Island High School

High • Public • 9-12

8.2 mi

Location

Grasonville, MD, 21638

Expand map

Tax history

25 years of records

YearTax paidAssessed value

Apr 11, 2025$8,848$932,900

Apr 11, 2024$8,094$859,200

Apr 11, 2023$8,060$855,600

Apr 11, 2022$8,026$859,200

Apr 11, 2021$8,137$848,400

Apr 11, 2020$8,137$848,400

Apr 11, 2019$8,137$848,400

Apr 11, 2018$8,484$884,600

Apr 11, 2017$8,543$884,600

Apr 11, 2016$3,159$884,600

Apr 11, 2015$3,159$890,200

Apr 11, 2014$3,159$881,867

Apr 11, 2013—$873,567

Apr 11, 2012—$865,200

Apr 11, 2011—$865,200

Apr 11, 2010—$865,200

Apr 11, 2009—$1,071,530

Apr 11, 2008—$929,032

Apr 11, 2007—$786,536

Apr 11, 2006—$644,040

Apr 11, 2005—$564,776

Apr 11, 2004—$485,513

Apr 11, 2003—$406,250

Apr 11, 2002—$387,822

Apr 11, 2001—$369,396

Nearby homes

Off Market

$1,299,800

3 bd3 ba3,424 sqft

505 Prospect Bay Dr E, Grasonville, MD

Off Market

$1,708,800

6 bd4 ba4,072 sqft

601 Prospect Bay Dr E, Grasonville, MD

Off Market

$958,300

3 bd3 ba2,230 sqft

501 Prospect Bay Dr E, Grasonville, MD

Off Market

$1,579,900

5 bd4 ba2,800 sqft

605 Prospect Bay Dr E, Grasonville, MD

Off Market

$950,500

4 bd3 ba2,708 sqft

508 Prospect Bay Dr E, Grasonville, MD

Off Market

$700,800

2.5 ba1,456 sqft

701 Greenwood Creek Ct, Grasonville, MD

Off Market

$1,269,200

5 bd6 ba6,000 sqft

504 Prospect Bay Dr E, Grasonville, MD

Off Market

$735,700

3 ba2,032 sqft

200 Prospect Bay Dr E, Grasonville, MD

Neighborhood details

Local context around this listing

Grasonville, MD • Queen Annes County

Nearby cities

BarclayCentrevilleChesterChurch HillGrasonvilleMillingtonQueen AnneQueenstown

Nearby zip codes

21638

Similar homes

For Sale

$1,300,000

4 bd4 ba2,996 sqft

212 Dutcher Rd, Queenstown, MD

For Sale

$975,000

3 bd3 ba3,096 sqft

335 Prospect Bay Dr W, Grasonville, MD

For Sale

$749,000

4 bd3 ba2,524 sqft

12 Fairway Is, Grasonville, MD

For Sale

$1,500,000

4 bd3 ba2,721 sqft

2006 Bennett Point Rd, Queenstown, MD

For Sale

$849,000

4 bd3 ba2,604 sqft

1 Bunker Ct, Grasonville, MD

For Sale

$825,000

3 bd4 ba3,054 sqft

4 Bunkers Ct, Grasonville, MD

For Sale

$879,000

4 bd4 ba3,024 sqft

167 Masters Way, Grasonville, MD

For Sale

$829,000

4 bd4 ba3,040 sqft

115 Masters Way, Grasonville, MD

For Sale

$687,500

4 bd3 ba2,836 sqft

959 Chester River Dr, Grasonville, MD

For Sale

$749,000

4 bd3 ba2,841 sqft

9206 Martingham Dr, Saint Michaels, MD

For Sale

$724,900

4 bd2 ba2,208 sqft

10118 Hiners Ln, Easton, MD

For Sale

$1,275,000

3 bd4 ba2,742 sqft

350 Narrows Pointe Dr, Grasonville, MD

For Sale

$1,149,000

5 bd4 ba2,600 sqft

101 Beachside Dr, Stevensville, MD

For Sale

$724,900

4 bd3 ba2,400 sqft

201 Beachside Dr, Stevensville, MD

For Sale

$1,100,000

3 bd3 ba1,830 sqft

1704 Bayside Dr, Chester, MD

For Sale

$1,369,000

3 bd4 ba3,000 sqft

518 Narrows Pointe Dr, Grasonville, MD

For Sale

$949,000

5 bd3 ba2,981 sqft

28715 Jacks Field Rd, Wye Mills, MD

For Sale

$1,310,000

3 bd4 ba3,000 sqft

346 Narrows Pointe Dr, Grasonville, MD

For Sale

$1,295,900

3 bd4 ba2,860 sqft

426 Narrows Pointe Dr, Grasonville, MD

For Sale

$1,375,000

3 bd4 ba3,000 sqft

522 Narrows Pointe Dr, Grasonville, MD

Tour This Home

Pick a date

Preferred time

Apr 11, 2026

No obligation · Same-day confirmation · Takes 30 seconds

Need a different time? Request custom scheduling

Have a Question?

Get details on this property, the neighborhood, or the buying process.

Ask About This Property

We typically respond within a few hours

Download property brochure

Photos, details & neighborhood info in one PDF

Get brochure

Free · No sign-up required

Get pre-approved

Know your budget & strengthen your offer

Check eligibility

Value estimates

Live

Est. value$1,315,100

Est. rent$4,076/mo

30yr rate est.6.33%

Affordability$7,725/mo

Own a home nearby?

See what it's worth in today's market

Get estimate

Schedule Tour Ask

No obligation · Same-day response