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Sold for $540,000
  • $540,000

    20160 Garrett Hwy #F503, Oakland, MD 21550

    3beds
    1,700sqft
    Condominium
    Built in 1972
    -- sqft lot
    $553,800 Zestimate®
    $318/sqft
    $1,986 Estimated rent

    Home value

    $553,800

    $504,000 - $615,000

    $1,986/mo

    Zestimate® history
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    What's special

    Double unitPenthouse suiteIncredible sunrises
    Rare opportunity to own a completely renovated double unit at Will O The Wisp at Deep Creek Lake! Unit 503F extends from the 5th level up to the 7th level penthouse offering 3 bedrooms and 2 full bathrooms. The upper level bedroom is a penthouse suite offering two beds overlooking the lake and its own full bath. Enjoy eastern exposure with incredible sunrises overlooking the lake. Will O The Wisp offers some of the areas most premium condo amenities including indoor pool, hot tubs, fitness center, game room, sauna and dock slips that are available seasonally through the HOA. Directly connected is Ace's Run, one of the areas most premier dining establishments. The central location puts you just minutes from all of the areas top amenities. Combine all of these details with an established vacation rental history and you have one of Deep Creek Lake's most coveted condo establishments on the lakefront. These units do not last long - call today to see how this unit can become yours!

    Zillow last checked:

    Listing updated:

    Listed by:

    Nick Fratz-Orr 301-616-0473,

    Railey Realty, Inc.

    Bought with:

    Larry Smith, 532070

    Railey Realty, Inc.

    Source: Bright MLS,MLS#: MDGA2008930MLS Logo

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 3
    • Bathrooms: 2
    • Full bathrooms: 2
    Basement
    • Area: 0
    Heating
    • Forced Air, Electric
    Cooling
    • Central Air, Electric
    Appliances
    • Included: Electric Water Heater
    Features
    • Has basement: No
    • Number of fireplaces: 1
    • Fireplace features: Wood Burning
    Interior area
    • Total structure area: 1,700
    • Total interior livable area: 1,700 sqft
    • Finished area above ground: 1,700
    • Finished area below ground: 0

    Property

    Parking
    • Total spaces: 1
    • Parking features: Unassigned, Concrete, Parking Lot
    • Has uncovered spaces: Yes
    Accessibility
    • Accessibility features: Accessible Elevator Installed
    Features
    • Levels: Four
    • Stories: 4
    • Pool features: Community
    • On waterfront: Yes
    • Waterfront features: Canoe/Kayak, Fishing Allowed, Swimming Allowed, Lake
    • Body of water: Deep Creek Lake
    • Frontage length: Water Frontage Ft: 300
    Details
    • Additional structures: Above Grade, Below Grade
    • Parcel number: 1218024500
    • Zoning: C
    • Special conditions: Standard

    Construction

    Type & style
    • Home type: Condo
    • Architectural style: Villa
    • Property subtype: Condominium
    • Attached to another structure: Yes
    Materials
    • Block
    Condition
    • New construction: No
    • Year built: 1972

    Utilities & green energy

    • Sewer: Public Sewer
    • Water: Public

    Community & HOA

    Community
    • Features: Pool
    • Condo and coop fee: $1,124 monthly
    • Subdivision: Will-o-the Wisp
    HOA
    • Has HOA: No
    • Amenities included: Common Grounds, Elevator(s), Fitness Center, Game Room, Lake, Indoor Pool, Racquetball, Sauna, Pool, Water/Lake Privileges, Spa/Hot Tub
    • Services included: Common Area Maintenance, Maintenance Structure, Maintenance Grounds, Reserve Funds, Road Maintenance, Sauna, Snow Removal, Trash
    • HOA name: Will O The Wisp
    Location
    • Region: Oakland

    Financial & listing details

    • Price per square foot: $318/sqft
    • Tax assessed value: $339,333
    • Annual tax amount: $3,963
    • Date on market: 2/22/2025
    • Listing agreement: Exclusive Right To Sell
    • Listing terms: Cash,Conventional,Other
    • Ownership: Condominium

    Price history

    DateEventPrice
    3/31/2025Sold$540,000-1.6%$318/sqft
    Source: Bright MLS #MDGA2008930 Report a problem
    3/9/2025Pending sale$549,000$323/sqft
    Source: Bright MLS #MDGA2008930 Report a problem
    2/22/2025Contingent$549,000$323/sqft
    Source: Bright MLS #MDGA2008930 Report a problem
    2/22/2025Listed for sale$549,000+167.8%$323/sqft
    Source: Bright MLS #MDGA2008930 Report a problem
    11/15/2016Sold$205,000$121/sqft
    Source: Public Record Report a problem

    Public tax history

    YearProperty taxesTax assessment
    2025$5,115 +29.1%$399,000 +17.6%
    2024$3,963 +21.3%$339,333 +21.3%
    2023$3,267 +27.1%$279,667 +27.1%
    2022$2,570 +2.3%$220,000 +2.3%
    2021$2,511 +2.4%$215,000 +2.4%
    2020$2,453 +2.4%$210,000 +2.4%
    2019$2,394 +6%$205,000
    2018$2,259 0%$205,000
    2017$2,259 $205,000 -5.8%
    2016-- $217,700
    2015-- $217,700
    2014-- $217,700 -27.4%
    2013-- $300,000
    2012-- $300,000
    2011-- $300,000 -18.9%
    2010-- $370,000 +18.1%
    2009-- $313,332 +22.1%
    2008-- $256,666 +28.3%
    2007-- $200,000 +5.5%
    2006-- $189,490 +5.9%
    2005-- $178,980 +6.2%
    2004-- $168,470
    2003-- $168,470
    2002-- $168,470
    2001-- $168,470
    Find assessor info on the county website

    Neighborhood: 21550

    Nearby schools

    GreatSchools rating
    Schools provided by the listing agent
    • District: Garrett County Public Schools

    Source: Bright MLS. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.

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