NOT LISTED FOR SALE

20160 Garrett Hwy Unit 502/702 Oakland, MD 21550

3 Beds
2 Baths
1,700 Sq Ft
$1,144/mo HOA Fee

Last Sold May 10, 2024

Last sale price $534,000 $314 Per Sq Ft

9 Days on Market

Highlights

  • 100 Feet of Waterfront
  • Beach
  • Private Water Access
  • Boat Ramp
  • Sandy Beach
  • Bar or Lounge

About This Home

As of May 2024

LAKEFRONT - Rare 3 Bed/plus 4th Loft Bed - 2 Full Bath Will O' Wisp multi-level unit. Boat Slip privileges through condo association! Enjoy the incredible views with floor to ceiling windows and sliders on all 3+ levels. Cozy up to the wood fireplace and gaze on out over Maryland's largest freshwater lake. This property has some of the best views anywhere. This is Deep Creek Lake living with style! Full of amenities including indoor heated pool, exercise room, private beach area , steps away from Ace's Run Restaurant and the new Firewater Bar Grille and more. There is nothing else out there like it. Also, a full on-site professional property management team to take care of you while you're there and oversee the property the rest of the time when it is a solid vacation rental. Inquire for more details but don't sleep on this one too long...

Last Agent to Sell the Property

Andrew Eiswert

(301) 616-0587 Aeiswert@Railey.com Railey Realty, Inc. License #586309 Listed on: 03/26/2024

Railey Realty, Inc.

Last Buyer's Agent

Mike Kennedy

(301) 616-6106 mkennedy@railey.com Railey Realty, Inc. License #529372

Railey Realty, Inc.

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $3,267

Year Built

  • Built in 1972

Lot Details

  • 100 Feet of Waterfront
  • Home fronts navigable water
  • Sandy Beach
  • Property is in excellent condition
  • The community has rules related to exclusive easements

HOA Fees

  • $1,144 Monthly HOA Fees

Property Views

  • Lake
  • Scenic Vista
  • Mountain

Home Design

  • Contemporary Architecture
  • Entry on the 2nd floor
  • Brick Exterior Construction

Interior Spaces

  • 1,700 Sq Ft Home
  • Property has 3.5 Levels
  • Furnished
  • Built-In Features
  • Wood Burning Fireplace
  • Combination Kitchen and Living
  • Carpet

Kitchen

  • Electric Oven or Range
  • Microwave
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

Parking

  • Lighted Parking
  • Paved Parking
  • Parking Lot

Accessible Home Design

  • Level Entry For Accessibility

Outdoor Features

  • Private Water Access
  • Property is near a lake
  • Waterski or Wakeboard
  • Limited Hours Of Personal Watercraft Operation
  • Swimming Allowed
  • Powered Boats Permitted

Utilities

  • Forced Air Heating and Cooling System
  • 100 Amp Service
  • Electric Water Heater
  • Cable TV Available

Listing and Financial Details

  • Property is used as a vacation rental
  • Assessor Parcel Number 1218024691

Community Details

Overview

  • Association fees include common area maintenance, exterior building maintenance, laundry, insurance, lawn maintenance, management, pier/dock maintenance, pool(s), road maintenance, snow removal, trash, recreation facility
  • Mid-Rise Condominium
  • Will O The Wisp Subdivision
  • Property Manager
  • Community Lake

Amenities

  • Common Area
  • Game Room
  • Community Center
  • Bar or Lounge
  • Laundry Facilities
  • Elevator

Recreation

  • Boat Ramp
  • Boat Dock
  • Pier or Dock
  • 1 Community Docks
  • Beach
  • Racquetball
  • Fitness Center
  • Community Indoor Pool
  • Community Pool or Spa Combo
  • Heated Community Pool
  • Fishing Allowed

Pet Policy

  • Pets allowed on a case-by-case basis

Property Details

Home Type

Condominium

Est. Annual Taxes

$3,267

Year Built

Built in 1972

Lot Details

0

HOA Fees

$1,144 per month

Listing Details

  • Property Type: Residential
  • Structure Type: Unit/Flat/Apartment
  • Unit Building Type: Mid-Rise 5 - 8 Floors
  • Architectural Style: Contemporary
  • Accessibility Features: Level Entry - Main
  • Ownership: Condominium
  • Inclusions: Turn-Key
  • New Construction: No
  • Story List: Main, Upper 1
  • Expected On Market: 2024-03-27
  • Year Built: 1972
  • Automatically Close On Close Date: No
  • Building Winterized: No
  • Remarks Public: LAKEFRONT - Rare 3 Bed/plus 4th Loft Bed - 2 Full Bath Will O' Wisp multi-level unit. Boat Slip privileges through condo association! Enjoy the incredible views with floor to ceiling windows and sliders on all 3+ levels. Cozy up to the wood fireplace and gaze on out over Maryland's largest freshwater lake. This property has some of the best views anywhere. This is Deep Creek Lake living with style! Full of amenities including indoor heated pool, exercise room, private beach area , steps away from Ace's Run Restaurant and the new Firewater Bar Grille and more. There is nothing else out there like it. Also, a full on-site professional property management team to take care of you while you're there and oversee the property the rest of the time when it is a solid vacation rental. Inquire for more details but don't sleep on this one too long...
  • Washer Dryer Hookups YN: No
  • Special Features: None
  • Property Sub Type: Condos

Interior Features

  • Appliances: Dishwasher, Disposal, Microwave, Oven/Range - Electric, Refrigerator, Water Heater
  • Entry Floor: 2
  • Interior Amenities: Built-Ins, Carpet, Combination Kitchen/Living, Entry Level Bedroom, Elevator
  • Fireplace Features: Wood
  • Fireplaces Count: 1
  • Fireplace: Yes
  • Levels Count: 3.5
  • Room List: Bedroom 1
  • Basement: No
  • Total Sq Ft: 1700
  • Living Area Sq Ft: 1700
  • Price Per Sq Ft: 322.94
  • Above Grade Finished Sq Ft: 1700
  • Above Grade Finished Area Units: Square Feet
  • Street Number Modifier: 20160

Beds/Baths

  • Bedrooms: 3
  • Main Level Bedrooms: 2
  • Total Bathrooms: 2
  • Full Bathrooms: 2
  • Main Level Bathrooms: 1.00
  • Upper Level Bathrooms: 1
  • Upper Level Bathrooms: 1.00
  • Main Level Full Bathrooms: 1
  • Upper Level Full Bathrooms: 1

Exterior Features

  • Other Structures: Above Grade, Below Grade
  • Construction Materials: Block, Brick
  • View: Lake, Mountain, Scenic Vista, Water
  • Water Access Features: Fishing Allowed, Boat - Powered, Private Access, Swimming Allowed, Waterski/Wakeboard, Limited Hours Of Personal Watercraft Operation (PWC)
  • Water Access: Yes
  • Water Body Name: Deep Creek Lake
  • Water Body Type: Lake
  • Waterfront: Yes
  • Water Oriented: Yes
  • Pool: Yes - Community
  • Tidal Water: No
  • Water View: Yes
  • Water Frontage In Feet: 100

Garage/Parking

  • Garage: No
  • Parking Features: Lighted Parking, Paved Parking
  • Type Of Parking: Parking Lot

Utilities

  • Central Air Conditioning: Yes
  • Cooling Fuel: Electric
  • Cooling Type: Central A/C
  • Electric Service: 100 Amp Service
  • Heating Fuel: Electric
  • Heating Type: Forced Air
  • Heating: Yes
  • Hot Water: Electric
  • Sewer/Septic System: Public Sewer
  • Utilities: Cable Tv
  • Water Source: Public
  • Internet Services: Broadband

Condo/Co-op/Association

  • Condo Co-Op Association: Yes
  • Condo Co-Op Fee: 1144.00
  • Condo Co-Op Fee Frequency: Monthly
  • HOA Condo Co-Op Amenities: Bar/Lounge, Beach, Boat Dock/Slip, Boat Ramp, Cable, Common Grounds, Community Center, Elevator, Exercise Room, Fitness Center, Game Room, Hot Tub, Lake, Laundry Facilities, Pier/Dock, Pool - Indoor, Racquet Ball
  • HOA Condo Co-Op Fee Includes: Common Area Maintenance, Ext Bldg Maint, Laundry, Insurance, Lawn Maintenance, Management, Pier/Dock Maintenance, Pool(s), Road Maintenance, Snow Removal, Trash, Recreation Facility
  • HOA: No
  • Senior Community: No
  • Community Pool Features: Heated, Indoor, Pool/Spa Combo

Schools

  • School District: GARRETT COUNTY PUBLIC SCHOOLS
  • School District Key: 121139907558
  • School District Source: Listing Agent

Lot Info

  • Property Condition: Excellent
  • Year Assessed: 2023
  • Zoning: TC
  • In City Limits: No

Rental Info

  • Furnished: Yes
  • Lease Considered: No
  • Pets: Case By Case Basis
  • Pets Allowed: Yes
  • Vacation Rental: Yes
  • Property Manager: Yes

Tax Info

  • Tax Annual Amount: 3267.00
  • Assessor Parcel Number: 1218024691
  • Tax Year: 2023
  • Close Date: 05/10/2024

Multi Family

  • Waterfront Features: Exclusive Easement, Sandy Beach

MLS Schools

  • School District Name: GARRETT COUNTY PUBLIC SCHOOLS

Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/10/2024 05/10/24 Sold $534,000 -2.7% $314 / Sq Ft
03/26/2024 03/26/24 For Sale $549,000 +31.3% $323 / Sq Ft
08/09/2021 08/09/21 Sold $418,000 -4.8% $246 / Sq Ft
04/23/2021 04/23/21 Price Changed $439,000 -4.4% $258 / Sq Ft
04/08/2021 04/08/21 For Sale $459,000 -- $270 / Sq Ft
Source: Bright MLS

Tax History Compared to Growth

Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: MDGA2006944

Bright MLS