565 Glendale Rd Unit 125, Oakland, MD 21550
What's special
Wake up to the lake at your doorstep. This ground-level, end-unit condo offers true lakefront living with unbeatable access to everything Deep Creek Lake has to offer. Enjoy effortless days on the water, then relax with on-site amenities including a fitness room, sauna, game room, and expansive lakeside decking. Walk to Dutch’s at Silver Tree, The Harbor Bar, and the marina for dining, drinks, and boating convenience—all just steps away. This property is not only the perfect getaway, but also a proven Vacation Rental Income Producing Condo —Recognized as one of the top-performing rental units in the SilverTree building, averaging $30,000 per year in Vacation Rental Income. Whether you're looking for a low-maintenance lake retreat or a high-performing income-producing property, this unit delivers the best of both worlds in one of Deep Creek’s most desirable lakefront communities. Call today to schedule a private showing.
- 186 days |
- 90 |
- 3 |
Travel times
Living Room
Kitchen
Bedroom
Zillow last checked:
Listing updated:
Jon Bell 301-501-0735,
Railey Realty, Inc. 301-387-2000
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 1
- Bathrooms: 1
- Full bathrooms: 1
- Main level bathrooms: 1
- Main level bedrooms: 1
Basement
- Area: 0
Heating
- Wall Unit, Electric
Cooling
- Wall Unit(s), Electric
Appliances
- Included: Dishwasher, Microwave, Refrigerator, Electric Water Heater
Features
- Has basement: No
- Number of fireplaces: 1
Interior area
- Total structure area: 496
- Total interior livable area: 496 sqft
- Finished area above ground: 496
- Finished area below ground: 0
Property
Parking
- Parking features: Parking Lot
Accessibility
- Accessibility features: None
Features
- Levels: One
- Stories: 1
- Pool features: None
- Has view: Yes
- View description: Lake
- Has water view: Yes
- Water view: Lake
- Waterfront features: Lake
- Body of water: Deep Creek Lake
- Frontage length: Water Frontage Ft: 120
Details
- Additional structures: Above Grade, Below Grade
- Parcel number: 1218083027
- Zoning: RESIDENTIAL
- Special conditions: Standard
Construction
Type & style
- Home type: Condo
- Architectural style: Villa
- Property subtype: Condominium
- Attached to another structure: Yes
Materials
- Composition
Condition
- New construction: No
- Year built: 2006
Utilities & green energy
- Sewer: Public Sewer
- Water: Public
Community & HOA
Community
- Condo and coop fee: $581 monthly
- Subdivision: Silver Tree Suites
HOA
- Has HOA: No
- Amenities included: Beach Access, Fitness Center, Game Room, Laundry, Sauna, Water/Lake Privileges
- Services included: Common Area Maintenance, Road Maintenance, Snow Removal, Maintenance Structure, Maintenance Grounds, Reserve Funds
- HOA name: Silver Tree Suites
Location
- Region: Oakland
Financial & listing details
- Price per square foot: $665/sqft
- Tax assessed value: $126,667
- Annual tax amount: $1,479
- Date on market: 3/28/2026
- Listing agreement: Exclusive Right To Sell
- Ownership: Condominium
- Total actual rent: 30000
Price history
| Date | Event | Price |
|---|---|---|
| 3/28/2026 | Listed for sale | $329,900-5.7%$665/sqft |
Source:  Bright MLS #MDGA2011428 Report a problem | ||
| 10/18/2025 | Listing removed | $349,900$705/sqft |
Source: Bright MLS #MDGA2009108 Report a problem | ||
| 3/17/2025 | Listed for sale | $349,900+3.2%$705/sqft |
Source: Bright MLS #MDGA2009108 Report a problem | ||
| 11/8/2006 | Sold | $339,000$683/sqft |
Source: Public Record Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $1,859 +25.6% | $145,000 +14.5% |
| 2024 | $1,479 +16.9% | $126,667 +16.9% |
| 2023 | $1,265 +20.4% | $108,333 +20.4% |
| 2022 | $1,051 | $90,000 |
| 2021 | $1,051 | $90,000 |
| 2020 | $1,051 -21.9% | $90,000 -21.9% |
| 2019 | $1,346 +6% | $115,200 |
| 2018 | $1,269 0% | $115,200 |
| 2017 | $1,270 | $115,200 |
| 2016 | -- | $115,200 |
| 2015 | -- | $115,200 |
| 2014 | -- | $115,200 -42.4% |
| 2013 | -- | $200,000 |
| 2012 | -- | $200,000 |
| 2011 | -- | $200,000 -35.5% |
| 2010 | -- | $310,000 +1.1% |
| 2009 | -- | $306,666 +1.1% |
| 2008 | -- | $303,333 +1.1% |
| 2007 | -- | $300,000 |
Find assessor info on the county website
Monthly payment
Estimated market value
$306,600
$291,000 - $322,000
$1,201/mo
Climate risks
Explore flood, wildfire, and other predictive climate risk information for this property on First Street®️.