5 Sales with $3M+ of Real Estate Sold in Only 1 Week

Bay Creek is a master-planned residential community in Cape Charles, Virginia, on the Chesapeake Bay. As planned, the project will expand existing community infrastructure, sell 340 residential land lots, and build and sell 61 homes.

Residents of Bay Creek enjoy two award-winning golf courses designed by golf legends Arnold Palmer and Jack Nicklaus, along with access to two miles of private beaches and a 350-acre nature preserve, which is perfect for kayaking, fishing, and other water activities.

In the last week of August 2025, Bay Creek Realty, the projects on-site real estate agency, recorded five sales at the property for a total value of more than $3 million.

5 Real Estate Sales in the Final Week of August 2025

In the final week of August 2025, five units were sold at Bay Creek for a total of $3.4 million. The sales included three new homes, one resale home, and one resale lot.

The homes sold for an average price of $779,000, while the lot sold for $305,000—underscoring both the strength of Bay Creek’s home market and continued demand for premium homesites.

These sales reflect a strong mix of buyer interest, from those looking to move into newly built homes immediately to those planning a custom build in the future.

Under new ownership, Bay Creek real estate sales are off to a strong start. With ongoing enhancements to amenities—including the clubhouse, golf facilities, and community gathering spaces—demand is expected to continue accelerating in the months ahead. This early success signals renewed confidence in Bay Creek’s growth trajectory and its position as one of the premier coastal communities on the East Coast.

View Bay Creek’s Available Homes for Sale

Secured Senior Loan

The Bay Creek EB-5 investment is structured as a secured senior loan. The loan is backed by a first-priority mortgage on portions of the property. The project’s loan is divided into multiple tranches—one for each EB-5 investor. Each tranche has its own four-year term that is independent from the loan terms of the other tranches. Loans split into tranches with individual loan terms are rare in the EB-5 space. And a four-year term is shorter than typical rural projects.

Phased Development and Delivery

The community has been in development for several years. Under the prior ownership group, Bay Creek sold nearly 300 land lots and many homes. A key advantage of Bay Creek is its flexible, phased development approach, which allows the project to accelerate or slow down in response to market conditions. This approach helps ensure each component is delivered at the right time. As a result, EB-5 investors face less risk.

Experienced Development Team

Bay Creek is being developed under the leadership of Bobby Masters, who has served as the General Manager of Bay Creek since January 2020. In this role, he oversees all development, sales, and club operations at Bay Creek. Mr. Masters has worked on master-planned communities with extensive amenities for nearly 40 years. In that time, he has led development and sales at more than 15 communities with over 30,000 homes on more than 25,000 acres of land.

Mr. Masters has a proven record of managing golf courses, clubhouses, aquatic centers, marinas, food and beverage outlets, hospitality operations, and homeowner association management groups.

A Regional Center with a Proven Record

Over the past decade, EB5AN has helped more than 2,700 immigrant families from over 70 countries and regions relocate to the United States through its low-risk, high-quality EB-5 investment offerings. All adjudicated regional center–sponsored projects offered by EB5AN have been approved by USCIS.

Learn More about Bay Creek

EB-5 projects rarely offer both a high level of financial security and strong immigration safety. With senior secured loan and other top features, Bay Creek stands out in the market.

For more information on the Bay Creek project or other available EB-5 projects, please schedule a one-on-one call with EB5AN.