A turnkey retreat at one of Deep Creek Lake’s most recognizable lakefront destinations is now available at a new price.
The asking price for 565 Glendale Road, Unit 306, at Silver Tree Suites in Oakland, Maryland, has been reduced by $20,000—from $249,900 to $229,900.
This beautifully appointed studio loft combines an updated interior, two separate sleeping areas, lake access, on-site amenities, and a convenient location near some of the area’s most popular attractions. The furnished unit is also an active vacation rental, providing an appealing opportunity for buyers seeking a personal Deep Creek Lake getaway with rental potential.
Silver Tree Suites Unit 306 Property Details
Key details include:
- Address: 565 Glendale Road, Unit 306, Oakland, MD 21550
- Community: Silver Tree Suites
- New asking price: $229,900
- Previous asking price: $249,900
- Price reduction: $20,000
- Property type: Studio loft condominium
- Sleeping areas: Two separate sleeping areas
- Condition: Furnished and turnkey
- Current use: Active vacation rental
- Water access: Access to Deep Creek Lake
View the complete listing and additional photographs for Silver Tree Suites Unit 306.
An Updated Studio Loft at Deep Creek Lake
Unit 306 has been thoughtfully arranged to provide comfortable sleeping, living, and dining spaces within an efficient resort-style floor plan.
The main level includes a sleeping area, sitting space, kitchenette, and gas fireplace. A loft provides a second sleeping area, creating flexibility for owners and guests while preserving the open design of the unit.
Recent updates include new carpet and flooring, as well as updated kitchen and bathroom countertops. The property is tastefully furnished and offered turnkey, allowing a new owner to begin enjoying it without the immediate need to furnish or equip the space.
A private balcony offers an additional place to relax and enjoy the atmosphere of the Silver Tree Suites community.
Property Highlights
Notable features of this Deep Creek Lake condo include:
- Studio loft design
- Two separate sleeping areas
- Furnished and offered turnkey
- Gas fireplace
- Private balcony
- Kitchenette
- New carpet and flooring
- Updated kitchen countertops
- Updated bathroom countertops
- Deep Creek Lake access
- On-site marina
- Expansive lakefront deck
- Fitness room
- Sauna
- Active vacation-rental history
- Directly adjoining Dutch’s at Silver Tree
- Minutes from Wisp Resort and area attractions
Lake Access and Amenities at Silver Tree Suites
Silver Tree Suites offers a convenient way to enjoy the Deep Creek Lake lifestyle without the upkeep associated with a larger detached vacation home.
Owners and guests can enjoy access to the lake and a selection of on-site amenities, including a marina, expansive lakefront deck, fitness room, and sauna. The lakefront setting provides an inviting place to relax, spend time by the water, or enjoy the scenery surrounding Deep Creek Lake.
Prospective buyers should review the current condominium documents, fees, marina policies, rental rules, and amenity terms to confirm the benefits and requirements associated with ownership.
Next to Dutch’s at Silver Tree
Location is one of the property’s strongest features. Silver Tree Suites directly adjoins Dutch’s at Silver Tree, giving owners and guests convenient access to one of the area’s popular waterfront dining destinations.
The property is also only minutes from:
- Wisp Resort
- Deep Creek Lake State Park
- Local marinas and boat launches
- Golf courses
- Hiking and biking trails
- Restaurants and shopping
- Garrett County state parks
- Four-season mountain recreation
This central location makes Unit 306 a convenient home base for enjoying Deep Creek Lake throughout the year.
Four-Season Recreation Near Unit 306
Deep Creek Lake and Garrett County offer a wide variety of activities during every season.
During the warmer months, owners and visitors can enjoy boating, fishing, kayaking, hiking, mountain biking, golf, and time at the area’s state parks.
Winter brings skiing, snowboarding, snow tubing, and other mountain activities at nearby Wisp Resort. Fall offers colorful mountain scenery, festivals, hiking, and quieter weekends around the lake.
Whether the goal is a quick weekend escape or an extended stay, Unit 306 provides convenient access to the experiences that make Deep Creek Lake a popular year-round destination.
An Active Deep Creek Lake Vacation Rental
Unit 306 is currently operated as a vacation rental and is offered furnished and turnkey.
This may appeal to buyers who want to enjoy the property personally while retaining the option to offer it as a short-term rental when they are not using it. Rental income and future performance are not guaranteed, and buyers should independently evaluate rental history, management options, expenses, condominium rules, licensing requirements, and owner-use restrictions.
Contact the Bell | Fenton Team for available property information and guidance on the questions buyers should consider when evaluating a Deep Creek Lake vacation-rental property.
Now Offered at $229,900
Following the recent $20,000 price reduction, Silver Tree Suites Unit 306 is now offered for $229,900.
The combination of a turnkey interior, two sleeping areas, lake access, resort amenities, an active rental history, and a central Deep Creek Lake location makes this property worthy of consideration.
If you have been looking for an approachable way to establish a home base at Deep Creek Lake, schedule a private showing of Unit 306.
Schedule a Private Showing
Contact Jon Bell or Mike Fenton of the Bell | Fenton Team at Railey Realty for additional information, available documents, rental details, or a private tour.
Jon Bell | Railey Realty
Cell: (301) 501-0735
Email: JBell@Railey.com
Mike Fenton | Railey Realty
Cell: (484) 716-7228
Email: MFenton@Railey.com
Railey Realty Office: (301) 387-2000
Website: DCLRealEstate.com
Frequently Asked Questions
What is the asking price for Silver Tree Suites Unit 306?
The condo is now offered for $229,900, following a $20,000 reduction from its previous asking price of $249,900.
Where is Silver Tree Suites Unit 306 located?
Unit 306 is located at 565 Glendale Road in Oakland, Maryland, along Deep Creek Lake.
Does Unit 306 have lake access?
Yes. The Silver Tree Suites community offers access to Deep Creek Lake along with an on-site marina and expansive lakefront deck.
How many sleeping areas does the condo have?
The studio loft includes two separate sleeping areas—one on the main level and another in the loft.
Is the condo furnished?
Yes. Unit 306 is tastefully furnished and offered turnkey.
Is Unit 306 currently used as a vacation rental?
Yes. The property is currently an active vacation rental. Buyers should review its available rental information and verify all current licensing, management, and condominium requirements.
What amenities are available at Silver Tree Suites?
Amenities include lake access, an on-site marina, a lakefront deck, a fitness room, and a sauna. Buyers should verify the current availability, policies, and costs associated with all amenities.
How close is the property to Wisp Resort?
Silver Tree Suites is only a short drive from Wisp Resort and is also convenient to state parks, restaurants, marinas, golf, shopping, and other Deep Creek Lake attractions.