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Sold for $1,389,000
  • $1,389,000

    525 Lake Forest Dr, Oakland, MD 21550

    5beds
    3,381sqft
    Single Family Residence
    Built in 1995
    2 Acres Lot
    $1,361,300 Zestimate®
    $411/sqft
    $3,401 Estimated rent

    Home value

    $1,361,300

    $1.27M - $1.47M

    $3,401/mo

    Zestimate® history
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    What's special

    “On the Rocks” is a stunning double A-frame chalet sited on a wooded, two-acre lot in the desirable Lake Forest Estates community. This lake access home offers delightful year-round filtered lake views and is ideally situated to take advantage of Deep Creek’s four-season activities, from water sports in the summer, winter sports on the mountain, outdoor activities including hunting, fishing, hiking among many other outdoor activities this magical mountain lake setting has to offer. Meander over to your deeded boat slip or take the golf cart to carry your toys. Load up your skis and hit the slopes in a less than 15-minute drive to Wisp. Move into this complete turnkey, lake-house style 5 bedroom, 4 full bath home that’s newly decorated and ready for you and your guests to enjoy. The home has been meticulously maintained with renovations, remodels and upgrades throughout, including flooring and carpeting, window treatments and lighting fixtures. Larger remodels include the master bathroom, main bathroom, an inviting entryway, and a large over-garage bedroom suite. A recently paved driveway provides convenient access and reduced maintenance. The home’s spacious two garages offer generous space for all your toys – vehicles, golf cart, boats, ATVs and more with additional storage above the detached garage. “On the Rocks” is close to mid-lake shopping and restaurants and mid-way between the towns of McHenry and Oakland. Drive past the horse ranch and open fields on the way to this unique, enchanting property!

    Zillow last checked:

    Listing updated:

    Listed by:

    Mike Kennedy 301-616-6106,

    Railey Realty, Inc.

    Bought with:

    Kelsey Meyers, 660614

    Railey Realty, Inc.

    Source: Bright MLS,MLS#: MDGA2007628MLS Logo

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 5
    • Bathrooms: 4
    • Full bathrooms: 4
    • Main level bathrooms: 2
    • Main level bedrooms: 3
    Basement
    • Area: 0
    Heating
    • Forced Air, Propane
    Cooling
    • Central Air, Ceiling Fan(s), Electric
    Appliances
    • Included: Built-In Range, Cooktop, Dishwasher, Dryer, Extra Refrigerator/Freezer, Microwave, Range Hood, Refrigerator, Stainless Steel Appliance(s), Washer, Water Conditioner - Owned, Water Treat System, Electric Water Heater
    • Laundry: Main Level
    Features
    • Additional Stairway, Built-in Features, Ceiling Fan(s), Combination Kitchen/Dining, Dining Area, Entry Level Bedroom, Open Floorplan, Kitchen Island, Primary Bath(s), Recessed Lighting, Upgraded Countertops, Walk-In Closet(s), Dry Wall, Vaulted Ceiling(s), Wood Ceilings
    • Flooring: Ceramic Tile, Hardwood, Carpet, Wood
    • Doors: Sliding Glass
    • Windows: Casement
    • Has basement: No
    • Number of fireplaces: 2
    • Fireplace features: Wood Burning, Insert, Gas/Propane, Mantel(s)
    Interior area
    • Total structure area: 3,381
    • Total interior livable area: 3,381 sqft
    • Finished area above ground: 3,381
    • Finished area below ground: 0

    Property

    Parking
    • Total spaces: 4
    • Parking features: Garage Faces Side, Garage Faces Front, Garage Door Opener, Inside Entrance, Storage, Driveway, Attached, Detached
    • Attached garage spaces: 4
    • Has uncovered spaces: Yes
    Accessibility
    • Accessibility features: None
    Features
    • Levels: Two
    • Stories: 2
    • Patio & porch: Deck
    • Pool features: None
    • Has view: Yes
    • View description: Water, Lake, Mountain(s)
    • Has water view: Yes
    • Water view: Water,Lake
    • Waterfront features: Lake, Boat - Length Limit, Boat - Powered, Canoe/Kayak, Fishing Allowed, Personal Watercraft (PWC), Sail, Swimming Allowed, Waterski/Wakeboard
    • Body of water: Deep Creek Lake
    Lot
    • Size: 2 Acres
    • Features: Landscaped, No Thru Street, Rear Yard
    Details
    • Additional structures: Above Grade, Below Grade
    • Parcel number: 1218061686
    • Zoning: LR
    • Zoning description: Lake Residential
    • Special conditions: Standard

    Construction

    Type & style
    • Home type: SingleFamily
    • Architectural style: Chalet
    • Property subtype: Single Family Residence
    Materials
    • Frame, Cedar, Stone
    • Foundation: Crawl Space
    • Roof: Shingle
    Condition
    • Excellent
    • New construction: No
    • Year built: 1995

    Utilities & green energy

    • Sewer: Public Sewer
    • Water: Well
    • Utilities for property: Cable

    Community & HOA

    Community
    • Subdivision: Lake Forest Estates
    HOA
    • Has HOA: Yes
    • Amenities included: Boat Dock/Slip, Common Grounds, Pier/Dock, Water/Lake Privileges
    • Services included: Common Area Maintenance, Pier/Dock Maintenance, Road Maintenance, Snow Removal
    • HOA fee: $74 monthly
    Location
    • Region: Oakland

    Financial & listing details

    • Price per square foot: $411/sqft
    • Tax assessed value: $880,833
    • Annual tax amount: $8,852
    • Date on market: 7/11/2024
    • Listing agreement: Exclusive Right To Sell
    • Listing terms: Conventional,Cash
    • Ownership: Fee Simple
    • Road surface type: Paved

    Price history

    DateEventPrice
    8/22/2024Sold$1,389,000$411/sqft
    Source: Bright MLS #MDGA2007628 Report a problem
    7/22/2024Pending sale$1,389,000$411/sqft
    Source: Bright MLS #MDGA2007628 Report a problem
    7/11/2024Listed for sale$1,389,000+52.6%$411/sqft
    Source: Bright MLS #MDGA2007628 Report a problem
    11/13/2020Sold$910,000+1.1%$269/sqft
    Source: Public Record Report a problem
    10/1/2020Pending sale$899,900$266/sqft
    Source: Taylor Made Deep Creek Vacations & Sales #MDGA133648 Report a problem
    9/25/2020Listed for sale$899,900+309%$266/sqft
    Source: Taylor Made Deep Creek Vacations & Sales #MDGA133648 Report a problem
    12/16/1997Sold$220,000$65/sqft
    Source: Public Record Report a problem

    Public tax history

    YearProperty taxesTax assessment
    2025$11,865 +15.3%$1,003,800 +14%
    2024$10,288 +16.2%$880,833 +16.2%
    2023$8,852 +19.4%$757,867 +19.4%
    2022$7,416 +2.7%$634,900 +2.7%
    2021$7,221 +2.8%$618,267 +2.8%
    2020$7,027 +2.8%$601,633 +2.8%
    2019$6,833 +9.2%$585,000 +3%
    2018$6,257 -2.9%$567,867 -2.9%
    2017$6,447 $585,000 +9.6%
    2016-- $533,600 +42.8%
    2015-- $373,600
    2014-- $373,600 -9.5%
    2013-- $413,000
    2012-- $413,000
    2011-- $413,000 -1.8%
    2010-- $420,640 +4.7%
    2009-- $401,756 +4.9%
    2008-- $382,873 +5.2%
    2007-- $363,990 +16.1%
    2006-- $313,486 +19.2%
    2005-- $262,983 +23.8%
    2004-- $212,480 +2%
    2003-- $208,392 +2%
    2002-- $204,306 +2%
    2001-- $200,220
    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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