$260,000
SOLD FEB 27, 2026

20160 Garrett Hwy Unit H708 Oakland, MD 21550

1 Bed
1 Bath
550 Sq Ft
$705/ mo HOA Fee

Recently Sold

$473 Per Sq Ft

13% Below List Price

234 Days on Market

Highlights

  • 240 Feet of Waterfront
  • Beach
  • Fitness Center
  • 1 Dock Slip
  • Private Beach
  • Penthouse

About This Home

As of February 2026

Welcome to Will O' the Wisp Condominiums, where premium upgrades meet penthouse-level lakefront living at Deep Creek Lake! This fully furnished, beautifully updated, rarely available, top-floor two-level condo features one bedroom and one bath, offering 550 square feet of comfort, charm, and versatility — perfect as a vacation home, year-round retreat, or income-producing rental. Start your mornings with exceptional sunrises from your private lakefront balcony — one of the best views in the building! Inside, you’ll find brand-new luxury vinyl plank flooring, updated lighting, and a show-stopping custom staircase, which replaced the outdated spiral design and was so substantial it had to be hoisted into the condo via the roof — a true architectural centerpiece. This penthouse-style unit requires no steps as there's an elevator from the main level to the condo, offering rare convenience and accessibility and offers LVP wood floors, new lighting and soaring ceilings. Currently operating as a successful short-term rental with Railey Vacations under the name "Anchors Away," this property has a proven rental history — offering an immediate opportunity for investment income with an Average Daily Rental of $199.65 and Annual Gross Income Potential of $27k to $35k. Recent mechanical upgrades include a new HVAC system (2025), hot water heater (2024)— all the major updates are already done. The unit also includes covered garage parking, making life easier year-round. Enjoy resort-style amenities including an indoor pool, hot tubs, fitness center, sauna, game room, private sandy beach, dock slip access through the HOA, and a fully serviced front desk for guest support and added security. All of this is just minutes from Wisp Resort, State Parks, and adjoining two fine dining restaurants — the perfect base for four-season fun at the lake.

Last Agent to Sell the Property

Charlotte Savoy

(443) 574-1600 mdaniels@kw.com The KW Collective Brokerage Phone: 4435741600 Listed on: 06/19/2025

The KW Collective

Last Buyer's Agent

Andrew Eiswert

(301) 387-2000 Aeiswert@Railey.com Railey Realty, Inc. License #586309

Railey Realty, Inc.

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $2,289

Year Built

  • Built in 1972

Lot Details

  • 240 Feet of Waterfront
  • Home fronts navigable water
  • Private Beach
  • Sandy Beach
  • Public Beach
  • Stone Retaining Walls
  • Extensive Hardscape

HOA Fees

  • $705 Monthly HOA Fees

Parking

  • Assigned Subterranean Space
  • Parking Lot

Property Views

  • Lake
  • Woods
  • Mountain

Home Design

  • Penthouse
  • Contemporary Architecture
  • Entry on the 4th floor

Interior Spaces

  • 550 Sq Ft Home
  • Open Floorplan
  • Vaulted Ceiling
  • Ceiling Fan
  • Living Room
  • Dining Room

Kitchen

  • Breakfast Area or Nook
  • Electric Oven or Range
  • Built-In Microwave
  • Dishwasher

Flooring

  • Wood
  • Carpet
  • Ceramic Tile

Bedrooms and Bathrooms

  • 1 Bedroom
  • 1 Full Bathroom

Accessible Home Design

  • Accessible Elevator Installed

Outdoor Features

  • Canoe or Kayak Water Access
  • Private Water Access
  • Property is near a lake
  • Personal Watercraft
  • Waterski or Wakeboard
  • Sail
  • Physical Dock Slip Conveys
  • 1 Dock Slip
  • Powered Boats Permitted
  • Exterior Lighting

Schools

  • Accident Elementary School
  • Southern Middle School
  • Southern Garrett High School

Utilities

  • Forced Air Heating and Cooling System
  • Electric Water Heater

Listing and Financial Details

  • Tax Lot H 708
  • Assessor Parcel Number 1218024713

Community Details

Overview

  • Association fees include common area maintenance, lawn maintenance, pier/dock maintenance, snow removal
  • Mid-Rise Condominium
  • Prestige Condominiums
  • Will O The Wisp Subdivision
  • Community Lake
  • Property has 7 Levels

Recreation

  • Community Boat Dock
  • 1 Community Docks
  • Beach
  • Racquetball
  • Fitness Center
  • Community Indoor Pool
  • Heated Community Pool
  • Fishing Allowed

Pet Policy

  • Limit on the number of pets

Amenities

  • Elevator

Property Details

Home Type

Condominium

Est. Annual Taxes

$2,289

Year Built

Built in 1972

Lot Details

1.03 Acres

HOA Fees

$705 per month

Parking

1

Listing Details

  • Property Type: Residential
  • Structure Type: Penthouse Unit/Flat/Apartment
  • Unit Building Type: Mid-Rise 5 - 8 Floors
  • Architectural Style: Contemporary
  • Accessibility Features: Elevator
  • Ownership: Condominium
  • New Construction: No
  • Story List: Main, Upper 1
  • Federal Flood Zone: No
  • Year Built: 1972
  • Automatically Close On Close Date: No
  • Washer Dryer Hookups YN: No
  • Special Features: VirtualTour
  • Property Sub Type: Condos

Interior Features

  • Appliances: Dishwasher, Oven/Range - Electric, Refrigerator, Built-In Microwave
  • Entry Floor: 4
  • Flooring Type: Carpet, Ceramic Tile, Wood
  • Interior Amenities: Carpet, Breakfast Area, Ceiling Fan(s), Dining Area, Elevator, Floor Plan - Open, Wood Floors
  • Fireplace: No
  • Wall Ceiling Types: 2 Story Ceilings, Vaulted Ceilings
  • Levels Count: 7
  • Room List: Living Room, Dining Room, Kitchen, Bedroom 1, Full Bath
  • Basement: No
  • Total Sq Ft: 550
  • Living Area Sq Ft: 550
  • Price Per Sq Ft: 527.09
  • Above Grade Finished Sq Ft: 550
  • Above Grade Finished Area Units: Square Feet

Beds/Baths

  • Bedrooms: 1
  • Total Bathrooms: 1
  • Full Bathrooms: 1
  • Main Level Bathrooms: 1.00
  • Main Level Full Bathrooms: 1

Exterior Features

  • Other Structures: Above Grade, Below Grade
  • Construction Materials: Block
  • Exterior Features: Private Beach, Extensive Hardscape, Exterior Lighting, Stone Retaining Walls
  • View: Lake, Mountain, Trees/Woods
  • Water Access Features: Private Access, Boat - Powered, Canoe/Kayak, Fishing Allowed, Personal Watercraft (PWC), Public Beach, Sail, Waterski/Wakeboard
  • 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: 240

Garage/Parking

  • Garage Spaces: 1.00
  • Garage: Yes
  • Garage Features: Underground
  • Total Garage And Parking Spaces: 2
  • Type Of Parking: Parking Garage, Parking Lot
  • Parking Garage Number Of Spaces: 1
  • Parking Lot Number Of Spaces: 1

Utilities

  • Central Air Conditioning: Yes
  • Cooling Fuel: Electric
  • Cooling Type: Central A/C
  • Heating Fuel: Electric
  • Heating Type: Forced Air
  • Heating: Yes
  • Hot Water: Electric
  • Sewer/Septic System: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • Condo Co-Op Association: Yes
  • Condo Co-Op Fee: 704.59
  • Condo Co-Op Fee Frequency: Monthly
  • Condo Co-Op Name: Prestige Condominiums
  • HOA Condo Co-Op Amenities: Beach, Boat Dock/Slip, Elevator, Exercise Room, Fitness Center, Lake, Pool - Indoor, Racquet Ball
  • HOA Condo Co-Op Fee Includes: Common Area Maintenance, Lawn Maintenance, Pier/Dock Maintenance, Snow Removal
  • HOA: No
  • Senior Community: No
  • Community Pool Features: Heated, Indoor

Schools

  • Elementary School Source: Listing Agent
  • Middle School Source: Listing Agent
  • School District Source: Listing Agent
  • Elementary School: ACCIDENT
  • High School: SOUTHERN GARRETT HIGH
  • Middle Or Junior School: SOUTHERN MIDDLE

Lot Info

  • Zoning: C
  • In City Limits: No

Rental Info

  • Pets: Number Limit
  • Pets Allowed: Yes
  • Total Actual Rent: 20000.00
  • Vacation Rental: No

Tax Info

  • Tax Annual Amount: 2289.00
  • Assessor Parcel Number: 1218024713
  • Tax Lot: H 708
  • County Tax Payment Frequency: Annually
  • Tax Year: 2024

Multi Family

  • Waterfront Features: Sandy Beach

MLS Schools

  • School District Name: GARRETT COUNTY PUBLIC SCHOOLS

Matterport 3D Tour

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 19, 2025
Closed on
Feb 26, 2026
Sold by
Regis Geidel and Geidel Keri A
Bought by
Zeiler John and Zeiler Leah M
Seller's Agent
Charlotte Savoy
The KW Collective
Buyer's Agent
Andrew Eiswert
Railey Realty, Inc.
List Price
$300,000
Sold Price
$260,000
Premium/Discount to List
-$40,000
-13.33%
Views
1079

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
280.85%

Purchase Details

Closed on
Aug 31, 2021
Sold by
Lagrazon Roselyn S
Bought by
Geidel Paul Regis and Geidel Keri Ann

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$179,920
Interest Rate
4.26%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jan 17, 2006
Sold by
Kennedy Neil A and Kennedy Paula J
Bought by
Lagrazon Roselyn S

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$188,700
Interest Rate
6.34%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Apr 20, 2001
Sold by
Grant William B and Grant Laurel R
Bought by
Kennedy Neil A and Kennedy Paula J

Purchase Details

Closed on
May 3, 1989
Sold by
Vanneman Charles E and Vanneman Martha G
Bought by
Grant William B and Grant Laurel R

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$95,400
Interest Rate
11.03%
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Type Sale Price Title Company
Deed $224,900 Deep Creek Title Group
Deed $210,000 --
Deed $80,000 --
Deed $106,000 --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $179,920 New Conventional
Previous Owner $188,700 Purchase Money Mortgage
Previous Owner $95,400 No Value Available
Closed -- No Value Available
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
02/27/2026 02/27/26 Sold $260,000 -10.3% $473 / Sq Ft
10/29/2025 10/29/25 Price Changed $289,900 -3.4% $527 / Sq Ft
06/19/2025 06/19/25 For Sale $300,000 -- $545 / Sq Ft
Source: Bright MLS

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 $2,743 $214,000 $75,000 $139,000
2024 $2,603 $196,000 $0 $0
2023 $2,382 $178,000 $0 $0
2022 $2,157 $160,000 $75,000 $85,000
2020 $1,771 $130,400 $0 $0
2019 $1,570 $115,600 $75,000 $40,600
2018 $1,493 $115,600 $75,000 $40,600
2017 $1,636 $115,600 $0 $0
2016 -- $115,600 $0 $0
2015 -- $115,600 $0 $0
2014 -- $115,600 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: MDGA2009826

Bright MLS

APN: 18-024713

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