$1,385,000

105 Monastery Way Swanton, MD 21561

Estimated payment $8,130/month

Total Views 3,639
10 Beds
10 Baths
3,309 Sq Ft
$419 Price per Sq Ft

Highlights

  • Hot Property
  • Home fronts navigable water
  • Spa
  • 1 Dock Slip
  • Water Access
  • Vaulted Ceiling

About This Home

Iconic Lake Access Lodge at Carmel Cove – This one-of-a-kind property at Deep Creek Lake has 10 Primary Suites with an additional 2Bed/2Bath owner’s apartment on the lower level. Privately tucked away on 2 Acres of mature wooded land, you get the secluded feel of a personal mountain retreat with all the comforts of home! Featuring a massive great room with vaulted ceilings, timber accents, and an abundance of natural light. Fully renovated modern kitchen with granite tops, stainless appliances, and butcher block island bar. Breakfast nook on the way to the dining hall with its own stacked stone fireplace, coffee bar, and a wall of glass to let in the surrounding natural beauty. Covered porch off the main living area with private space on the wrap-around deck for each of the main level suites. The peaceful wooded setting for the bonfire pit. The convenient path down to your assigned Dock Slip is right next to the swimming platform in a no-wake cove. A well-established vacation rental, “Carmel Cove” has consistently averaged $100K+ annual rental income (between $100k-$140k over the last four years)! The sky is the limit for any future owner of this phenomenal lake access estate. Call today for details!

Listing Agent

Jon Bell

(301) 387-2000 jbell@railey.com Railey Realty, Inc. Brokerage Phone: 3013872000 Listed on: 04/02/2026

Railey Realty, Inc.

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $8,006

Year Built

  • Built in 1991

Lot Details

  • 2.01 Acre Lot
  • Home fronts navigable water
  • Property is zoned LR

HOA Fees

  • $120 Monthly HOA Fees

Home Design

  • Cabin
  • Permanent Foundation
  • Cedar

Interior Spaces

  • Property has 2 Levels
  • Furnished
  • Vaulted Ceiling
  • Ceiling Fan
  • Fireplace
  • Window Treatments
  • Entrance Foyer
  • Living Room
  • Dining Room
  • Home Office
  • Utility Room
  • Carpet
  • Basement

Kitchen

  • Breakfast Area or Nook
  • Built-In Oven
  • Stove
  • Microwave
  • Extra Refrigerator or Freezer
  • Ice Maker
  • Dishwasher

Bedrooms and Bathrooms

Laundry

  • Laundry on lower level
  • Dryer
  • Washer

Parking

  • Driveway
  • Parking Lot

Outdoor Features

  • Spa
  • Water Access
  • Property is near a lake
  • Physical Dock Slip Conveys
  • 1 Dock Slip

Utilities

  • Humidifier
  • Forced Air Heating and Cooling System
  • Heating System Powered By Leased Propane
  • Electric Water Heater

Community Details

  • Carmel Cove Subdivision

Listing and Financial Details

  • Assessor Parcel Number 1218062348

Home Details

Home Type

Single Family

Est. Annual Taxes

$8,006

Year Built

Built in 1991

Lot Details

2.01 Acres

HOA Fees

$120 per month

Listing Details

  • Property Type: Residential
  • Structure Type: Detached
  • Architectural Style: Cabin/Lodge
  • Ownership: Fee Simple
  • New Construction: No
  • Story List: Lower 1, Main
  • Year Built: 1991
  • Special Features: VirtualTour
  • Property Sub Type: Detached

Interior Features

  • Appliances: Dryer, Washer, Dishwasher, Humidifier, Microwave, Refrigerator, Icemaker, Extra Refrigerator/Freezer, Stove, Oven - Wall
  • Interior Amenities: Carpet, Ceiling Fan(s), Window Treatments
  • Fireplace: No
  • Foundation Details: Permanent
  • Levels Count: 2
  • Room List: Living Room, Dining Room, Primary Bedroom, Kitchen, Foyer, Office, Utility Room, Primary Bathroom
  • Basement: Yes
  • Laundry Type: Lower Floor
  • Total Sq Ft: 5782
  • Living Area Sq Ft: 3309
  • Price Per Sq Ft: 418.56
  • Above Grade Finished Sq Ft: 3309
  • Below Grade Sq Ft: 2473
  • Total Below Grade Sq Ft: 2473
  • Above Grade Finished Area Units: Square Feet

Beds/Baths

  • Bedrooms: 10
  • Main Level Bedrooms: 6
  • All Lower Level Bedrooms: 4
  • Total Bathrooms: 10
  • Full Bathrooms: 10
  • Main Level Bathrooms: 6.00
  • Lower Levels Bathrooms: 4
  • Lower Levels Bathrooms: 4.00
  • Main Level Full Bathrooms: 6
  • Lower Level Full Bathrooms: 4

Exterior Features

  • Other Structures: Above Grade, Below Grade
  • Construction Materials: Cedar
  • Exterior Features: Hot Tub
  • Water Access: Yes
  • Water Body Name: Deep Creek Lake
  • Water Body Type: Lake
  • Waterfront: No
  • Water Oriented: Yes
  • Pool: No Pool
  • Tidal Water: No
  • Water View: No

Garage/Parking

  • Garage: No
  • Type Of Parking: Driveway, Parking Lot

Utilities

  • Central Air Conditioning: Yes
  • Cooling Fuel: Electric
  • Cooling Type: Ceiling Fan(s), Central A/C
  • Heating Fuel: Propane - Leased
  • Heating Type: Forced Air
  • Heating: Yes
  • Hot Water: Electric
  • Sewer/Septic System: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • HOA Fees: 1441.00
  • HOA Fee Frequency: Annually
  • Condo Co-Op Association: No
  • HOA: Yes
  • Senior Community: No

Schools

  • School District Source: Listing Agent

Lot Info

  • Lot Size Acres: 2.01
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 87556.00
  • Zoning: LR
  • In City Limits: No

Rental Info

  • Furnished: Yes
  • Vacation Rental: Yes

Tax Info

  • Tax Annual Amount: 8006.00
  • Assessor Parcel Number: 1218062348
  • Tax Year: 2026

MLS Schools

  • School District Name: GARRETT COUNTY PUBLIC SCHOOLS

Map

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Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2025 $8,006 $707,200 $130,400 $576,800
2024 $7,833 $670,600 $0 $0
2023 $7,405 $634,000 $0 $0
2022 $6,978 $597,400 $130,400 $467,000
2021 $6,915 $592,000 $0 $0
2020 $6,851 $586,600 $0 $0
2019 $6,788 $581,200 $130,400 $450,800
2018 $6,404 $581,200 $130,400 $450,800
2017 $6,405 $581,200 $0 $0
2016 -- $581,200 $0 $0
2015 -- $581,200 $0 $0
2014 -- $581,200 $0 $0
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
04/02/2026 04/02/26 For Sale $1,385,000 -- $419 / Sq Ft
Source: Bright MLS

Purchase History

Date Type Sale Price Title Company
Deed -- --
Deed $271,000 --
Source: Public Records

Source: Bright MLS

MLS Number: MDGA2011476

Bright MLS

APN: 18-062348

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