40 GREENWOOD SHOALSGRASONVILLE, MD 21638

Single Family · 4 Beds · 2 Full Baths · 1 Half Bath · 3,426 Sq. ft. | 1.05 Acres
$1,275,000 ACTIVE

40 GREENWOOD SHOALS Overview

Time on Site:
97 days
Visits:
22

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.

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40 GREENWOOD SHOALS Facts & Features

  • Type Single Family
  • Sq. ft. 3,426
  • Price/Sq.ft. $372
  • Lot 1.05 Acres

Details

General

Association/HOA

  • Association Amenities: Common Grounds, Club House, Dining Rooms, Golf Club, Golf Course, Marina/Marina Club, Meeting Room, Picnic Area, Pool - Outdoor, Putting Green, Swimming Pool, Tennis Courts, Tot Lots/Playground, Water/Lake Privileges
  • Association Fee: $675.00
  • Association Fee Frequency: Monthly
  • Association Fee Includes: Common Area Maintenance, Management, Pool(s), Reserve Funds
  • Association: Yes
  • Condo/Coop Association: No

School Information

  • Elementary School: GRASONVILLE
  • Middle Or Junior School: STEVENSVILLE
  • High School: KENT ISLAND

Listing Information

  • Real Estate Owned: No
  • Short Sale: No

Building Information

  • New Construction: No
  • Pool: Yes - Community
  • Total SQFT: 3426
  • Year Built: 1987

Location/Region

  • Country: US
  • County: QUEEN ANNES
  • County Or Parish: QUEEN ANNES
  • In City Limits: No
  • Subdivision Name: PROSPECT BAY

Parking Information

  • Total Parking Spaces: 9
  • Type of Parking: Attached Garage,Driveway

Community/Development

  • Community Pool Features: In Ground,Other

Rent/Lease Information

  • Lease Considered: No

Tax Information

  • Tax Annual Amount: $8,207.00
  • Tax Assessed Value: 974300.00
  • Tax Year: 2025

General Information

  • Historic: No
  • Property Condition: Very Good
  • Property Type: Residential
  • School District Name: QUEEN ANNE'S COUNTY PUBLIC SCHOOLS
  • Senior Community: No
  • Special Listing Conditions: Standard
  • Vacation Rental: No
  • Zoning: NC-1

Interior

Building Information

  • Cooling Fuel: Electric
  • Heating Fuel: Electric

Parking Information

  • Garage Features: Inside Access,Oversized,Garage - Front Entry
  • Garage Spaces: 3.00
  • Garage: Yes

Beds/Baths

  • Bathrooms Full: 2
  • Bathrooms Full Main Level: 0
  • Bathrooms Half: 1
  • Bathrooms Half Main Level: 0
  • Bathrooms Total: 3
  • Bedrooms Total: 4

Building Exterior/Construction

  • Structure Type: Detached
  • Wall & Ceiling Types: Dry Wall,Cathedral Ceilings,Beamed Ceilings,2 Story Ceilings,9'+ Ceilings

Building Interior

  • Above Grade Finished Area: 3426
  • Above Grade Finished Area Source: Assessor
  • Above Grade Finished Area Units: Square Feet
  • Below Grade Finished Area: 0
  • Below Grade Finished Area Source: Assessor
  • Below Grade Finished Area Units: Square Feet
  • Central Air: Yes
  • Hot Water: Electric
  • Laundry Type: Lower Floor,Dryer In Unit,Washer In Unit

General Information

  • Accessibility Features: None
  • Appliances: Central Vacuum, Built-In Range, Dishwasher, Dryer - Front Loading, ENERGY STAR Refrigerator, Icemaker, Oven - Self Cleaning, Oven - Single, Oven - Wall, Refrigerator, Oven/Range - Electric, Washer - Front Loading, Water Heater, Stainless Steel Appliances, Cooktop
  • Basement: No
  • Cooling: Ceiling Fan(s), Central A/C, Heat Pump(s), Programmable Thermostat, Zoned
  • Door Features: Sliding Glass
  • Electric: Circuit Breakers, 200+ Amp Service
  • Fireplace: Yes
  • Fireplaces Total: 3
  • Flooring: Carpet, Ceramic Tile, Luxury Vinyl Plank
  • Foundation Details: Crawl Space, Slab
  • Interior Features: Bathroom - Jetted Tub, Bathroom - Walk-In Shower, Attic, Bar, Carpet, Ceiling Fan(s), Dining Area, Family Room Off Kitchen, Floor Plan - Open, Formal/Separate Dining Room, Kitchen - Eat-In, Kitchen - Island, Kitchen - Table Space, Recessed Lighting, Skylight(s), Walk-in Closet(s), Wet/Dry Bar, Other
  • Internet Services: Cable,Broadband,Other
  • Levels: 2
  • Living Area: 3426
  • Living Area Source: Assessor
  • Main Level Bedrooms: 0
  • Rooms Total: 4
  • Security Features: Exterior Cameras,Carbon Monoxide Detector(s),Smoke Detector
  • Window Features: Double Pane

Room Information

  • Room List: Living Room,Dining Room,Kitchen,Family Room

Exterior

Parking Information

  • Parking Features: Asphalt Driveway

Lot Information

  • Lot Features: Fishing Available, Non-Tidal Wetland
  • Lot Size Acres: 1.05
  • Lot Size Source: Estimated
  • Lot Size Square Feet: 45738.00
  • Lot Size Units: Square Feet
  • Water Source: Public

Waterfront/View

  • View: Water
  • Water Body Name: LITTLE GREENWOOD CREEK
  • Water Body Type: Creek
  • Water Oriented: Yes
  • Water View: Yes
  • Waterfront Features: Private Dock Site
  • Waterfront: Yes

Building Exterior/Construction

  • Architectural Style: Contemporary
  • Construction Materials: Frame
  • Dock Type and Features: Material - Treated Lumber,Multiple Slip,Pier (Perpendicular),Private
  • Docks Count: 1
  • Patio And Porch Features: Patio(s), Deck(s)
  • Roof: Architectural Shingle

General Information

  • Exterior Features: Gutter System
  • Other Structures: Above Grade,Below Grade
  • Sewer: Public Sewer
  • Water Access Features: Fishing Allowed,Private Access,Swimming Allowed,Waterski/Wakeboard,Boat - Powered,Canoe/Kayak,Personal Watercraft (PWC),Sail
  • Water Access: Yes

Room Information

Room: Family Room

  • Level: Lower 1
  • Features: Fireplace - Gas,Wet Bar

Room: Dining Room

  • Level: Main

Room: Kitchen

  • Level: Main

Room: Living Room

  • Level: Main
  • Features: Fireplace - Gas,Fireplace - Wood Burning,Cathedral/Vaulted Ceiling

40 GREENWOOD SHOALS Neighborhood

Community

21638 (GRASONVILLE) Demographics

45
Median Age
342
Population Density (per sq. mile)
49%
College Educated
$110,170
Estimated Median Income
1,540
Estimated Total Home Owners
431
Estimated Total Renters
78% / 22%
Estimated Owner / Renter Divide
3
Estimated Average Household Size
Community data courtesy of LiveBy, Inc.

40 GREENWOOD SHOALS Monthly Cost

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* All calculations are estimates and provided by Reliance Network, for informational purposes only. Actual amounts may vary. ** Assumes 6.50% APR, 20% down payment, and conventional 30-year fixed rate first mortgage. Rates cited are for instructional purposes only; current rates are subject to change at any time without notice. You should not make any decisions based simply on the information provided. Additional required amounts such as taxes, insurance, homeowner association dues, assessments, mortgage insurance premiums, flood insurance or other such required payments should also be considered. Contact your mortgage company for current rates and additional information. Any mortgage broker or insurance agent that may appear is independent and is not affiliated with, endorsed by, or provided by the MLS.

40 GREENWOOD SHOALS Market Data

Based on the last 30 days in this zip code

$756,388
Average List Price
$311
Average Price per Square Foot
9
Properties Sold
91
Average Days on Market
43
Properties for Sale
Calculations provided by Reliance Network

40 GREENWOOD SHOALS History

Date Event Value Agent
5/21/2026Source: BRIGHT MLS Price Reduction
$1,275,000 -13.6%
4/14/2026Source: BRIGHT MLS Status Change
ACTIVE
3/24/2026Source: BRIGHT MLS Added to Database
March 24, 2026
Listing provided courtesy of Coldwell Banker Realty- MLS# MDQA2016558MLS ProviderContact Information: [email protected] - 4102638686