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Proc-Type: 2001,MIC-CLEAR
Originator-Name: webmaster@www.sec.gov
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MIC-Info: RSA-MD5,RSA,
 KahFhJ8N+C60hwfyZ7UHPzIjwLDxtLAeaOuZqhaaEPDSPjz1V4y8oIRJ4QHbAZz3
 1AWwjyRIL3Horw8lL3zmGw==

<SEC-DOCUMENT>0001104659-07-082806.txt : 20071114
<SEC-HEADER>0001104659-07-082806.hdr.sgml : 20071114
<ACCEPTANCE-DATETIME>20071114102148
ACCESSION NUMBER:		0001104659-07-082806
CONFORMED SUBMISSION TYPE:	3
PUBLIC DOCUMENT COUNT:		1
CONFORMED PERIOD OF REPORT:	20071114
FILED AS OF DATE:		20071114
DATE AS OF CHANGE:		20071114

ISSUER:		

	COMPANY DATA:	
		COMPANY CONFORMED NAME:			Prospect Acquisition Corp
		CENTRAL INDEX KEY:			0001408100
		STANDARD INDUSTRIAL CLASSIFICATION:	BLANK CHECKS [6770]
		IRS NUMBER:				260508760
		STATE OF INCORPORATION:			DE
		FISCAL YEAR END:			1231

	BUSINESS ADDRESS:	
		STREET 1:		695 EAST MAIN STREET
		CITY:			STAMFORD
		STATE:			CT
		ZIP:			06901
		BUSINESS PHONE:		203-363-0885

	MAIL ADDRESS:	
		STREET 1:		695 EAST MAIN STREET
		CITY:			STAMFORD
		STATE:			CT
		ZIP:			06901

REPORTING-OWNER:	

	OWNER DATA:	
		COMPANY CONFORMED NAME:			Cvengros William D
		CENTRAL INDEX KEY:			0001417891

	FILING VALUES:
		FORM TYPE:		3
		SEC ACT:		1934 Act
		SEC FILE NUMBER:	001-33824
		FILM NUMBER:		071241330

	BUSINESS ADDRESS:	
		BUSINESS PHONE:		949-493-0835

	MAIL ADDRESS:	
		STREET 1:		31975 PEPPERTREE BEND
		CITY:			SAN JUAN CAPISTRANO
		STATE:			CA
		ZIP:			92675
</SEC-HEADER>
<DOCUMENT>
<TYPE>3
<SEQUENCE>1
<FILENAME>a3.xml
<DESCRIPTION>3
<TEXT>
<XML>
<?xml version="1.0"?>
<ownershipDocument>

    <schemaVersion>X0202</schemaVersion>

    <documentType>3</documentType>

    <periodOfReport>2007-11-14</periodOfReport>

    <noSecuritiesOwned>0</noSecuritiesOwned>

    <issuer>
        <issuerCik>0001408100</issuerCik>
        <issuerName>Prospect Acquisition Corp</issuerName>
        <issuerTradingSymbol>PAX</issuerTradingSymbol>
    </issuer>

    <reportingOwner>
        <reportingOwnerId>
            <rptOwnerCik>0001417891</rptOwnerCik>
            <rptOwnerName>Cvengros William D</rptOwnerName>
        </reportingOwnerId>
        <reportingOwnerAddress>
            <rptOwnerStreet1>C/O PROSPECT ACQUISITION CORP.</rptOwnerStreet1>
            <rptOwnerStreet2>695 EAST MAIN STREET</rptOwnerStreet2>
            <rptOwnerCity>STAMFORD</rptOwnerCity>
            <rptOwnerState>CT</rptOwnerState>
            <rptOwnerZipCode>06901</rptOwnerZipCode>
            <rptOwnerStateDescription></rptOwnerStateDescription>
        </reportingOwnerAddress>
        <reportingOwnerRelationship>
            <isDirector>1</isDirector>
            <isOfficer>0</isOfficer>
            <isTenPercentOwner>0</isTenPercentOwner>
            <isOther>0</isOther>
        </reportingOwnerRelationship>
    </reportingOwner>

    <nonDerivativeTable>
        <nonDerivativeHolding>
            <securityTitle>
                <value>Common Stock, $0.0001 Par Value Per Share</value>
            </securityTitle>
            <postTransactionAmounts>
                <sharesOwnedFollowingTransaction>
                    <value>158724</value>
                    <footnoteId id="F1"/>
                </sharesOwnedFollowingTransaction>
            </postTransactionAmounts>
            <ownershipNature>
                <directOrIndirectOwnership>
                    <value>I</value>
                </directOrIndirectOwnership>
                <natureOfOwnership>
                    <value>By SJC Capital, LLC</value>
                    <footnoteId id="F2"/>
                </natureOfOwnership>
            </ownershipNature>
        </nonDerivativeHolding>
    </nonDerivativeTable>

    <footnotes>
        <footnote id="F1">Of which up to 20,703 shares are subject to repurchase by Prospect Acquisition Corp., at a purchase price of $0.0001 per share, in the event and to the extent that the underwriters do not exercise their over-allotment option.</footnote>
        <footnote id="F2">SJC Capital, LLC is the beneficial owner of the common stock. William D. Cvengros disclaims beneficial ownership of the common stock except to the extent of his pecuniary interest therein and this report shall not be deemed an admission that the reporting person is the beneficial owner of the securities for purposes of Section 16 or for any other purpose.</footnote>
    </footnotes>

    <ownerSignature>
        <signatureName>/s/ William Cvengros</signatureName>
        <signatureDate>2007-11-14</signatureDate>
    </ownerSignature>
</ownershipDocument>
</XML>
</TEXT>
</DOCUMENT>
</SEC-DOCUMENT>
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