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(301) 501-0735
Railey Realty
20160 Garrett Hwy Unit H708, Oakland, MD 21550
- $260,000
- 1
- BD
- 1
- BA
- 550
- SqFt
- Sold Price
- $260,000
- List Price
- $289,900
- Closing Date
- Feb 27, 2026
- Status
- CLOSED
- MLS#
- MDGA2009826
- Bedrooms
- 1
- Bathrooms
- 1
- Full Baths
- 1
- Living Area
- 550
- Style
- Contemporary
- Year Built
- 1972
- County
- Garrett
- School District
- Garrett County Public Schools
Property Description
Welcome to Will O' the Wisp Condominiums, where premium upgrades meet penthouse-level lakefront living at Deep Creek Lake! This fully furnished, beautifully updated, rarely available, top-floor two-level condo features one bedroom and one bath, offering 550 square feet of comfort, charm, and versatility — perfect as a vacation home, year-round retreat, or income-producing rental. Start your mornings with exceptional sunrises from your private lakefront balcony — one of the best views in the building! Inside, you’ll find brand-new luxury vinyl plank flooring, updated lighting, and a show-stopping custom staircase, which replaced the outdated spiral design and was so substantial it had to be hoisted into the condo via the roof — a true architectural centerpiece. This penthouse-style unit requires no steps as there's an elevator from the main level to the condo, offering rare convenience and accessibility and offers LVP wood floors, new lighting and soaring ceilings. Currently operating as a successful short-term rental with Railey Vacations under the name "Anchors Away," this property has a proven rental history — offering an immediate opportunity for investment income with an Average Daily Rental of $199.65 and Annual Gross Income Potential of $27k to $35k. Recent mechanical upgrades include a new HVAC system (2025), hot water heater (2024)— all the major updates are already done. The unit also includes covered garage parking, making life easier year-round. Enjoy resort-style amenities including an indoor pool, hot tubs, fitness center, sauna, game room, private sandy beach, dock slip access through the HOA, and a fully serviced front desk for guest support and added security. All of this is just minutes from Wisp Resort, State Parks, and adjoining two fine dining restaurants — the perfect base for four-season fun at the lake.
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Additional Information
- Subdivision
- Will-O-The Wisp
- Interior Features
- Some Carpeting, Breakfast Area, Ceiling Fans, Separate Dining Room, Elevator, Open Floor Plan, Wood Floors
- School District
- Garrett County Public Schools
- Elementary School
- Accident
- Middle School
- Southern Middle
- High School
- Southern Garrett High
- Flooring
- Carpet, Tile, Wood
- Garage Spaces
- 1
- Exterior Features
- Beach, Extensive Hardscape, Lighting, Stone Retaining Walls
- View
- Lake, Mountain(s), Trees/Woods
- Heating
- Forced Air
- Cooling
- Central Air
- Water
- Public
- Sewer
- Public Sewer
Mortgage Calculator
Listing courtesy of The KW Collective. Contact:
Selling Office: Railey Realty, Inc..