Almost everything that comes up in Silver Tree Suites looks out at the water from where it stands, which is a view rather than frontage at your back door. That one detail sets the tone for touring here: you are comparing what each place faces and from which rooms, not comparing docks. The stock itself runs to condos, so the exterior, the grounds and the snow are handled on somebody else's schedule and you are buying the inside and the outlook. Prices and pace are covered further down, along with what the homes for sale here tend to need from an owner. Bell | Fenton Luxury Real Estate Sales Team works this pocket of Oakland closely.
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Silver Tree Suites at a Glance
- County
- Garrett County
- ZIP codes in these listings
- 21550
- Typical sold price
- $186,500 (median of 10 sales, past 24 months)
- Typical home
- 472 sq ft (n=8) · 1 bed / 1 bath (medians, n=10)
- Months of supply
- 12 (leaning to buyers)
- Sold-to-list
- 96.4% of asking (median per home sale, n=10)
- Data current as of
- October 2026
What the Silver Tree Suites market looks like now
Supply here leans toward the buyer's side of the scale, which is a ratio of what is listed against how quickly homes have been selling. Go in knowing that and nothing more from it. On sales that have already closed, homes went for a little under their asking price, with half closing at least $11,000 below ask. That is history, not a forecast for the listing you walk into. If your range is under $250,000, pay attention: that band accounts for more of what sells than of what is sitting on the market, so set up your search early and be ready to look at something the week it appears. And when you browse homes for sale in this pocket, expect condos to be nearly all of it, so build your tour list accordingly.
What you get for your money here
The typical place here was built around 2006, which puts it in a well-understood stage of its life. A house or unit of that vintage has usually had its first round of big-ticket items come due: the roof, the air handler, the water heater. Some owners have already replaced them, some have not. Ask which is which, and whether anything is still the original from the build. None of that makes these poor buys; it is simply the arithmetic of owning something nearly two decades old. What you get is a property that has settled in, with a water view out the window and a maintenance calendar you can see coming.
Worth confirming before you write an offer
- Read the association's rental rules, including any minimum lease term and cap on rentals, before you count on rental income.
- Association dues, reserves, and special assessments.
- Flood zone designation and insurance requirements near the lake.
- Transfer approval or occupancy restrictions imposed by the association.
How Bell | Fenton helps in Silver Tree Suites
Two things trip buyers up here. The first is how close sales actually run to the asking price, which is easy to misread from a listing sheet. The second is that almost everything on the market is a condo, which means the association documents matter as much as the unit itself, and rental rules in particular deserve a careful read before anyone counts on income. Bell | Fenton Luxury Real Estate Sales Team works through both with buyers. If you want, they can set you up with alerts for lake-view units in your price band and walk you through the association paperwork on each one as it comes in.
