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Sold for $260,000
  • $260,000

    20160 Garrett Hwy #H708, Oakland, MD 21550

    1beds
    550sqft
    Condominium
    Built in 1972
    -- sqft lot
    $258,300 Zestimate®
    $473/sqft
    $1,105 Estimated rent

    Home value

    $258,300

    $207,000 - $323,000

    $1,105/mo

    Zestimate® history
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    What's special

    Private sandy beachCustom staircaseSoaring ceilingsLvp wood floorsDock slip accessLakefront balconyUpdated lighting
    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find brand-new luxury vinyl plank flooring, updated lighting, and a show-stopping custom staircase, which replaced the outdated spiral design and was so substantial it had to be hoisted into the condo via the roof — a true architectural centerpiece.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.

    Zillow last checked:

    Listing updated:

    Listed by:

    Charlotte Savoy 443-212-8969,

    The KW Collective,

    Listing Team: The Savoy Team At The Kw Collective

    Bought with:

    Andrew Eiswert, 586309

    Railey Realty, Inc.

    Source: Bright MLS,MLS#: MDGA2009826MLS Logo

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 1
    • Bathrooms: 1
    • Full bathrooms: 1
    • Main level bathrooms: 1
    Rooms
    • Room types: Living Room, Dining Room, Kitchen, Bedroom 1, Full Bath
    Bedroom 1
    • Level: Upper
    Dining room
    • Level: Main
    • Area: 108 Square Feet
    • Dimensions: 9 X 12
    Other
    • Level: Main
    Kitchen
    • Level: Main
    • Area: 56 Square Feet
    • Dimensions: 7 X 8
    Living room
    • Level: Main
    • Area: 108 Square Feet
    • Dimensions: 9 X 12
    Heating
    • Forced Air, Electric
    Cooling
    • Central Air, Electric
    Appliances
    • Included: Dishwasher, Oven/Range - Electric, Refrigerator, Microwave, Electric Water Heater
    Features
    • Breakfast Area, Ceiling Fan(s), Dining Area, Elevator, Open Floorplan, 2 Story Ceilings, Vaulted Ceiling(s)
    • Flooring: Carpet, Ceramic Tile, Wood
    • Has basement: No
    • Has fireplace: No
    Interior area
    • Total structure area: 550
    • Total interior livable area: 550 sqft
    • Finished area above ground: 550
    • Finished area below ground: 0

    Property

    Parking
    • Total spaces: 2
    • Parking features: Underground, Garage, Parking Lot
    • Garage spaces: 1
    Accessibility
    • Accessibility features: Accessible Elevator Installed
    Features
    • Levels: Seven
    • Stories: 7
    • Exterior features: Private Beach, Extensive Hardscape, Lighting, Stone Retaining Walls
    • Pool features: Community
    • Has view: Yes
    • View description: Lake, Mountain(s), Trees/Woods
    • Has water view: Yes
    • Water view: Lake
    • Waterfront features: Sandy Beach, Lake, Private Access, Boat - Powered, Canoe/Kayak, Fishing Allowed, Personal Watercraft (PWC), Beach Access, Sail, Waterski/Wakeboard
    • Body of water: Deep Creek Lake
    • Frontage length: Water Frontage Ft: 240
    Details
    • Additional structures: Above Grade, Below Grade
    • Parcel number: 1218024713
    • Zoning: C
    • Special conditions: Standard

    Construction

    Type & style
    • Home type: Condo
    • Architectural style: Contemporary
    • 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: $705 monthly
    • Subdivision: Will-o-the Wisp
    HOA
    • Has HOA: No
    • Amenities included: Beach Access, Boat Dock/Slip, Elevator(s), Fitness Center, Lake, Indoor Pool, Racquetball
    • Services included: Common Area Maintenance, Maintenance Grounds, Pier/Dock Maintenance, Snow Removal
    • HOA name: Prestige Condominiums
    Location
    • Region: Oakland

    Financial & listing details

    • Price per square foot: $473/sqft
    • Tax assessed value: $214,000
    • Annual tax amount: $2,289
    • Date on market: 6/19/2025
    • Listing agreement: Exclusive Right To Sell
    • Ownership: Condominium
    • Total actual rent: 20000

    Price history

    DateEventPrice
    2/27/2026Sold$260,000-10.3%$473/sqft
    Source: Bright MLS #MDGA2009826 Report a problem
    2/12/2026Contingent$289,900$527/sqft
    Source: Bright MLS #MDGA2009826 Report a problem
    10/29/2025Price change$289,900-3.4%$527/sqft
    Source: Bright MLS #MDGA2009826 Report a problem
    6/19/2025Listed for sale$300,000+33.4%$545/sqft
    Source: Bright MLS #MDGA2009826 Report a problem
    9/1/2021Sold$224,900$409/sqft
    Source: Bright MLS #MDGA135410 Report a problem
    6/28/2021Contingent$224,900$409/sqft
    Source: Bright MLS #MDGA135410 Report a problem
    6/4/2021Listed for sale$224,900+7.1%$409/sqft
    Source: Bright MLS #MDGA135410 Report a problem
    1/17/2006Sold$210,000+162.5%$382/sqft
    Source: Public Record Report a problem
    4/20/2001Sold$80,000$145/sqft
    Source: Public Record Report a problem

    Public tax history

    YearProperty taxesTax assessment
    2025$2,743 +19.8%$214,000 +9.2%
    2024$2,289 +10.1%$196,000 +10.1%
    2023$2,079 +11.2%$178,000 +11.3%
    2022$1,869 +10.2%$160,000 +10.2%
    2021$1,696 +11.4%$145,200 +11.3%
    2020$1,523 +12.8%$130,400 +12.8%
    2019$1,350 +6%$115,600
    2018$1,274 0%$115,600
    2017$1,274 $115,600
    2016-- $115,600
    2015-- $115,600
    2014-- $115,600 -42.2%
    2013-- $200,000
    2012-- $200,000
    2011-- $200,000 -20%
    2010-- $250,000 +11.9%
    2009-- $223,332 +13.6%
    2008-- $196,666 +15.7%
    2007-- $170,000 +22%
    2006-- $139,342 +28.2%
    2005-- $108,686 +39.3%
    2004-- $78,030
    2003-- $78,030
    2002-- $78,030 -7.1%
    2001-- $84,000
    Find assessor info on the county website

    Neighborhood: 21550

    Nearby schools

    GreatSchools rating
    Schools provided by the listing agent
    • Elementary: Accident
    • Middle: Southern Middle
    • High: Southern Garrett High
    • 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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