NOT LISTED FOR SALE

464 Lake Forest Dr Oakland, MD 21550

Oakland Area

Estimated Value: $1,130,000 - $1,620,000

4 Beds
3.5 Baths
2,496 Sq Ft
$525/Sq Ft Est. Value

Sale Details

Date Sold: June 2, 2025

Last sale price $1,275,000 $511 Per Sq Ft

Est. 3% increase in value since last sale

Current estimated payment $8,159 / mo

277 Days on Market

Highlights

  • 70 Feet of Waterfront
  • Private Water Access
  • Contemporary Architecture
  • Private Dock Site
  • Fishing Allowed
  • 1 Fireplace

About This Home

As of June 2025

Truly wonderful lakefront property in the Lake Forest Drive area of Deep Creek Lake with a large deck for taking in the great views of Deep Creek Lake. 70 feet of waterfront, with a private Type A Dock. Nice backyard with a fire pit, a sitting area next to the lake, and plenty of room to entertain. Inside, there are four bedrooms, three full bathrooms, and a half bathroom. There are also three separate entertainment areas, including a living room on the main level, a large family room on the bottom level, and a nice sitting area in the loft. There is also a large kitchen and dining area, along with hardwood floors on the main level, and a wood burning stove that could easily be converted to a fireplace. Outside, there is a circular driveway, with room for eight cars to park, along with a one car garage large enough to store your boat. The trees showing in the pictures are on the seller's property and can easily be trimmed to open up the views of the lake.

Last Agent to Sell the Property

Betsy Spiker Holcomb

(301) 387-4700 terah@deepcreeksales.com Taylor-Made Deep Creek Real Estate, LLC License #518606 Listed on: 07/14/2024

Last Buyer's Agent

Nina Beitzel

(301) 387-2000 nbeitzel@railey.com Railey Realty, Inc.

Railey Realty, Inc.

Range of Values:

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Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
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List Price
Sold Price
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Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $9,137

Year Built

  • Built in 1997

Lot Details

  • 22,532 Sq Ft Lot
  • 70 Feet of Waterfront
  • Home fronts navigable water

HOA Fees

  • $15 Monthly HOA Fees

Home Design

  • Contemporary Architecture
  • Brick Foundation
  • Poured Concrete
  • Frame Construction

Interior Spaces

  • Property has 3 Levels
  • 1 Fireplace
  • Family Room
  • Living Room
  • Utility Room

Bedrooms and Bathrooms

Finished Basement

  • Heated Basement
  • Walk-Out Basement
  • Basement Fills Entire Space Under The House
  • Connecting Stairway
  • Interior and Exterior Basement Entry
  • Drain
  • Natural lighting in basement

Parking

  • 8 Parking Spaces
  • 8 Driveway Spaces

Outdoor Features

  • Private Water Access
  • Property is near a lake
  • Personal Watercraft
  • Waterski or Wakeboard
  • Sail
  • Swimming Allowed
  • Private Dock Site
  • Powered Boats Permitted

Utilities

  • Central Air
  • Electric Baseboard Heater
  • Well
  • Electric Water Heater

Listing and Financial Details

  • Property is used as a vacation rental
  • Assessor Parcel Number 1218029685

Community Details

Overview

  • Lake Forest Estates Subdivision

Recreation

  • Fishing Allowed

Home Details

Home Type

Single Family

Est. Annual Taxes

$9,137

Year Built

Built in 1997

Lot Details

0.52 Acres

HOA Fees

$15 per month

Listing Details

  • Property Type: Residential
  • Structure Type: Detached
  • Architectural Style: Contemporary
  • Ownership: Fee Simple
  • New Construction: No
  • Story List: Lower 1, Main, Upper 1
  • Federal Flood Zone: No
  • Year Built: 1997
  • Automatically Close On Close Date: No
  • Building Winterized: No
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Fireplaces Count: 1
  • Fireplace: Yes
  • Foundation Details: Brick/Mortar
  • Levels Count: 3
  • Room List: Living Room, Bedroom 2, Bedroom 3, Bedroom 4, Kitchen, Family Room, Bedroom 1, Utility Room, Bathroom 1, Bathroom 2, Bathroom 3, Half Bath
  • Basement: Yes
  • Basement Type: Connecting Stairway, Daylight, Full, Drain, Full, Fully Finished, Heated, Improved, Interior Access, Outside Entrance, Poured Concrete, Rear Entrance, Walkout Level
  • Total Sq Ft: 2496
  • Living Area Sq Ft: 2496
  • Price Per Sq Ft: 1377.80
  • Above Grade Finished Sq Ft: 1252
  • Below Grade Finished Sq Ft: 1244
  • Total Below Grade Sq Ft: 1244
  • Above Grade Finished Area Units: Square Feet

Beds/Baths

  • Bedrooms: 4
  • Main Level Bedrooms: 1
  • All Lower Level Bedrooms: 3
  • Total Bathrooms: 4
  • Full Bathrooms: 3
  • Half Bathrooms: 1
  • Main Level Bathrooms: 2.00
  • Lower Levels Bathrooms: 2
  • Lower Levels Bathrooms: 2.00
  • Main Level Full Bathrooms: 1
  • Lower Level Full Bathrooms: 2
  • Main Level Half Bathrooms: 1

Exterior Features

  • Other Structures: Above Grade, Below Grade
  • Construction Materials: Frame
  • Water Access Features: Boat - Powered, Fishing Allowed, Personal Watercraft (PWC), Private Access, Sail, Swimming Allowed, Waterski/Wakeboard
  • Water Access: Yes
  • Water Body Name: Deep Creek Lke
  • Water Body Type: Lake
  • Waterfront: Yes
  • Water Oriented: Yes
  • Pool: No Pool
  • Tidal Water: No
  • Water View: No
  • Water Frontage In Feet: 70

Garage/Parking

  • Garage: No
  • Total Garage And Parking Spaces: 8
  • Type Of Parking: Driveway
  • Number of Spaces in Driveway: 8

Utilities

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

Condo/Co-op/Association

  • HOA Fees: 185.00
  • HOA Fee Frequency: Annually
  • Condo Co-Op Association: No
  • HOA: Yes
  • Senior Community: No
  • Association Recreation Fee: No

Schools

  • Elementary School Source: Listing Agent
  • High School Source: Listing Agent
  • Middle School Source: Listing Agent
  • School District Source: Listing Agent
  • Elementary School: CALL SCHOOL BOARD
  • High School: CALL SCHOOL BOARD
  • Middle Or Junior School: CALL SCHOOL BOARD

Lot Info

  • Lot Size Acres: 0.52
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 22532.00
  • Zoning: R
  • In City Limits: No

Rental Info

  • Vacation Rental: Yes

Tax Info

  • Tax Annual Amount: 9137.00
  • Assessor Parcel Number: 1218029685
  • County Tax Payment Frequency: Annually
  • Tax Data Updated: No
  • Tax Year: 2024

Multi Family

  • Waterfront Features: Private Dock Site

MLS Schools

  • School District Name: GARRETT COUNTY PUBLIC SCHOOLS

Ownership History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 14, 2024
Closed on
May 27, 2025
Sold by
Bought by
Seller's Agent
Betsy Spiker Holcomb
Taylor-Made Deep Creek Real Estate, LLC
Buyer's Agent
Nina Beitzel
Railey Realty, Inc.
List Price
$1,725,000
Sold Price
$1,275,000
Premium/Discount to List
-$450,000
-26.09%
Views
150
Current Estimated Value
$1,310,196

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$35,196
Avg. Annual Appreciation
2.26%
Original Mortgage
$885,000
Outstanding Balance
$874,909
Interest Rate
6.83%
Mortgage Type
New Conventional
Estimated Equity
$435,287

Purchase Details

Closed on
Jul 23, 2001
Sold by
Bought by

Purchase Details

Closed on
Jun 5, 2000
Sold by
Bought by

Purchase Details

Closed on
Oct 3, 1995
Sold by
Bought by
Source: Public Records

Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

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Purchase History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Buyer Sale Price Title Company
$1,275,000 Deep Creek Title
-- --
$429,000 --
$145,000 --
Source: Public Records

Mortgage History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Status Borrower Loan Amount
Open $885,000
Source: Public Records

Property History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Event Price List to Sale Price per Sq Ft
06/02/2025 06/02/25 Sold $1,275,000 -26.1% $511 / Sq Ft
01/06/2025 01/06/25 For Sale $1,725,000 0.0% $691 / Sq Ft
01/02/2025 01/02/25 Off Market $1,725,000 -- --
07/14/2024 07/14/24 For Sale $1,725,000 -- $691 / Sq Ft
Source: Bright MLS

Tax History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

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
2026 $11,472 $987,267 $0 $0
2025 $10,554 $892,900 $379,100 $513,800
2024 $9,606 $782,267 $0 $0
2023 $8,315 $671,633 $0 $0
2022 $7,001 $561,000 $330,500 $230,500
2021 $6,952 $552,633 $0 $0
2020 $6,847 $544,267 $0 $0
2019 $6,742 $535,900 $330,500 $205,400
2018 $6,387 $535,900 $330,500 $205,400
2017 $6,334 $535,900 $0 $0
2016 -- $539,400 $0 $0
2015 -- $539,400 $0 $0
2014 -- $539,400 $0 $0
Source: Public Records

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Map

Source: Bright MLS

MLS Number: MDGA2007712

Bright MLS

APN: 18-029685

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