118 Roman Ridge Rd, Oakland, MD 21550

$485,000
3
BD
4
BA
1,820
SqFt

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Sold Price
$485,000
List Price
$475,000
Closing Date
Oct 16, 2025
Status
CLOSED
MLS#
MDGA2010410
Bedrooms
3
Bathrooms
4
Full Baths
3
Half Baths
1
Living Area
1,820
Style
Colonial, Chalet, Villa
Year Built
2003
County
Garrett
School District
Garrett County Public Schools

Property Description

Welcome to "Latitude Adjustment", a 3-level townhome in the desirable Roman Ridge Community, perfectly located in the heart of Deep Creek Lake. This is an active short-term rental that sleeps 9 and averages $46k to $54k in annual rentals with an ADR of $380! 2025 already has 78 days booked for $30k that can be conveyed or canceled; the choice is yours! This 3 BR, 3.5 BA property is being sold turnkey after a complete refresh in 2022, including new high-end furnishings, luxury vinyl plank flooring, updated décor, accessories, bedding, and kitchenware, plus a modernized kitchen with granite counters and stainless steel appliances. Stylish, move-in ready, and rental-ready — it’s all here. Take in breathtaking lake and mountain views from every room. The open floor plan features central A/C, propane forced-air heating, and a cozy gas fireplace with mantle. Outdoor living is just as inviting with a deck overlooking the water and a lower-level patio with hot tub and firepit for year-round enjoyment. A BBQ updated in 2025 adds to the entertaining appeal. Parking is simple with two assigned spaces per unit plus overflow in a community-owned lot behind Brenda’s Pizza. The association covers road maintenance, water, snow removal, and trash service, and extensive road improvements are being completed in the community this fall. There's even outdoor storage for your kayaks or other lake toys! Currently an active short-term rental with proven income, "Latitude Adjustment" offers the ideal balance of a lakeside retreat and a smart investment opportunity.

Additional Information

Subdivision
Traders Landing
Interior Features
Whirlpool Tub, Soaking Tub, Walk-In Shower, Some Carpeting, Ceiling Fans, Separate Dining Room, Open Floor Plan, Gourmet Kitchen, Bath in Primary Bedroom, Recessed Lighting, Upgraded Countertops, Walk-In Closet(s), Window Treatments, Wood Floors
School District
Garrett County Public Schools
Fireplaces
1
Flooring
Carpet, Tile, Vinyl
Exterior Features
Barbecue
Heating
Forced Air
Cooling
Central Air, Ceiling Fan(s)
Water
Public
Sewer
Public Sewer
Basement
Full, Finished, Walkout

Mortgage Calculator

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Calculator source: Real Geeks

Listing courtesy of The KW Collective. Contact:

Selling Office: BHHS Touchdown Home Pros Realty.