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$1,599,000

  • For Sale
  • Active
  • Single Family
  • 5 Beds
  • 3 Full Baths
  • 3,360 Sq. Ft.
  • 2 Car Garage
  • Updated 12 hours ago
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This lovely lakefront two-level ranch house is well-sited on a gently sloping 1.11 acre lot on a quiet cul-de-sac in the private Penn Cove community. The home offers beautiful views of the lake from nearly every room. With five spacious bedrooms (one of which is brand new) and a bonus room, there is ample space for accommodating family and guests. The kitchen and bathrooms have been recently updated. The main family room, featuring a stunning natural stone fireplace, is bathed in natural light from vaulted ceilings and skylights, and opens onto a deck that is an ideal spot for grilling and outside dining. The spaciousness of the lower-level means there is plenty of room for a tv viewing area, a pool table, exercise equipment, a laundry room, a utility room, and storage closets. This level also opens onto a spacious lower deck that is perfect for entertaining or relaxing in the hot tub. The lot has 157 feet of pristine shoreline, offering a private sanctuary for relaxation and recreation. A Class A dock with an extra wide sitting section is ideal for sunbathing, watching sunsets, or jumping off into the tranquil waters of Penn Cove. Penn Cove is a 24/7 minimum wake zone, ensuring calm waters for swimming, paddleboarding, and kayaking - all without the noise of speeding power boats and jet skis! Offering a large circular driveway, the property ensures easy boat maneuvering and ample guest parking. In addition, the property comes with a spacious detached garage that can accommodate two large boats, an upper shed for lawn maintenance equipment, and a lower shed for storing wakeboards, kayaks, tubes, and paddleboards. The large outdoor space also includes a tunnel slide and playground area for kids to enjoy. Despite its secluded setting, the home is conveniently located just minutes from restaurants, grocery/convenience stores, downtown Oakland, and Wisp Mountain. Call today to preview this gem and discover the perfect blend of lakeside fun, privacy, and convenience!

Full Property Details for 383 Penn Cove Rd

General

  • Price: $1,599,000
  • HOA FEE: $4/month
  • HOA FEE FREQ.: Annually
  • Taxes: $10,289 (2024)
  • Status: Active
  • Type: Single Family
  • Source: BrightMLSMidAtlantic
  • MLS ID: MDGA2008572
  • Updated: 12/18/2024
  • Added to Site: 11 day(s) ago

Interior

  • Rooms/Areas: Living Room, Dining Room, Bedroom 2, Bedroom 3, Bedroom 4, Bedroom 5, Kitchen, Family Room, Bedroom 1, Laundry, Office
  • Interior Features: Dining Area, Entry Level Bedroom, Floor Plan - Open
  • Fireplace: Yes
  • Number of Fireplaces: 1
  • Fireplace(s): Stone, Stone
  • Appliances: Dryer, Refrigerator, Washer, Oven/Range - Electric
  • Flooring: Ceramic Tile, Carpet, Laminated

Rooms

Bathrooms

  • Total Bathrooms: 3
  • Full Bathrooms: 3
  • Main Floor Baths: 2
  • Main - Full Baths: 2
  • Lower Floor Baths: 1
  • Lower - Full Baths: 1

Bedrooms

  • Total Bedrooms: 5
  • Bedrooms Lower: 1
  • Bedrooms Main & Up: 4
  • Bedroom 1: Bedroom 1 - Flooring - Carpet, Main
  • Bedroom 2: Bedroom 2 - Flooring - Carpet, Main
  • Bedroom 3: Bedroom 3 - Flooring - Carpet, Main
  • Bedroom 4: Bedroom 4 - Flooring - Carpet, Main
  • Bedroom 5: Bedroom 5 - Flooring - Laminated, Lower 1

Other Rooms

  • Living Room: Living Room - Fireplace - Wood Burning, Flooring - Carpet, Main
  • Family Room: Family Room - Flooring - Carpet, Wet Bar, Lower 1
  • Kitchen: Kitchen - Flooring - Laminated, Main
  • Dining Room: Dining Room - Flooring - Carpet, Main
  • Office: Office - Flooring - Carpet, Lower 1
  • Laundry: Lower Floor, Lower 1

Parking

  • Garage: Yes
  • Garage Spaces: 2
  • Total Spaces: 2
  • Parking Type: Detached Garage
  • Garage Description: Garage - Front Entry

Location

  • County: Garrett
  • Development Name: Penn Cove
  • Subdivision: Penn Cove
  • Driving Directions: Garrett Highway South to left on Sand Flat, left on Boy Scout road, right into Penn Cove, home is on the left.

School Information

  • School District: Garrett County Public Schools

Community

  • Association: Yes

Heating & Cooling

  • Central air: Yes
  • Cooling Type: Central A/C
  • Cooling Fuel: Electric
  • Heating Type: Forced Air
  • Heating Fuel: Propane - Leased
  • Water Heater: Electric

Utilities

  • Sewer: Septic < # of BR
  • Water: Well

Structural Information

  • Architectural Info: Contemporary
  • Architectural Style: Contemporary
  • Structure Type: Detached
  • Construction: Frame
  • Basement: Yes
  • Basement Desc.: Connecting Stairway, Fully Finished, Heated, Walkout Level
  • Foundation: Block
  • Roof: Shingle
  • Walls/Ceilings: Dry Wall
  • Windows: Wood Frame
  • Stories/Levels: 0
  • Stories Description: Lower 1, Main
  • Square Feet: 3,360
  • Sq. Ft. Source: Assessor
  • Living Area: 2,080 Sq. Ft.
  • Year Built: 1986
  • Year Built Source: Assessor
  • Property Condition: Excellent

Unit Information

Unit 1

  • Bathrooms-Lower: 1
  • Bedrooms-Lower: 1

Lot Features

  • Lot Size (Acres): 1.11
  • Lot Size (Sq. Ft.): 48,330
  • Lot Size Source: Assessor
  • Zoning: LR

Water Features

  • Water Front: Yes
  • Navigable Water: Yes
  • Water Access: Yes
  • Water Access Desc: Boat - Powered, Canoe/Kayak, Fishing Allowed, Limited hours of Personal Watercraft Operation (PWC), Swimming Allowed, Sail, Waterski/Wakeboard
  • Water Front Type: Lake
  • Water Front Name: Deep Creek Lake
  • Dock/Slip Conveys: Yes
  • Docks: 1
  • Power Boats: 2
  • Non-Power Boats: 1

Financial Considerations

  • Price Per Sq. Ft.: $951.79
  • Association Fee: $50
  • Assoc Fee Freq.: Annually
  • Assessment Year: 2024
  • County Tax: $10,289
  • County Tax Freq: Annually
  • Tax w/Assessment: $880,933
  • Tax Amount: $10,289
  • Tax Year: 2024
  • Tax Total Finished Sq. Ft.: 2080

Disclosures and Reports

  • Ownership: Fee Simple
  • Lot Number: 4

Listed by Taylor Made Deep Creek Vacations & Sales, Elizabeth S Spiker Holcomb

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Listing agent

— 383 Penn Cove Rd —

  • Elizabeth S Spiker Holcomb

    Taylor Made Deep Creek Vacations & Sales

Get Pre-Approved Today

Be ready to buy your new home!

with our affiliated lender
NMLS#: 1598647

Get Pre-Approved

Be ready to buy your new home!

with our affiliated lender
NMLS#: 1598647

Get Pre-Approved

Schools serving 383 Penn Cove Rd

School District:Garrett County Public Schools
RatingNameGradesDistance
7
Broad Ford Elementary School
607 Harvey Winters Dr, Oakland, MD 21550
PK-54.9 mi
6
Southern Middle School, Oakland, MD
605 Harvey Winters Dr, Oakland, MD 21550
6-84.9 mi
6
Southern Garrett High School
345 Oakland Dr, Oakland, MD 21550
9-125.8 mi
Disclaimer: School ratings provided by GreatSchools. Ratings are on a scale of 1-10. Learn more about GreatSchools ratings. School attendance boundaries provided by Pitney Bowes and are for reference only. Contact the school directly to verify enrollment eligibility.

Price & Sales History for 383 Penn Cove Rd Get Price Alerts and Save Property

Date
Details
Price
Change
Source
12/07/2024
Listed
$1,599,000
66.04%
MLS
8/06/2008
Sold
$963,000
—
Public Record
Get Price Alerts and Save Property
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.

Tax History for 383 Penn Cove Rd

Year
Property Taxes
Change
Tax Assessment
Change
2024
$10,319
14%
$880,933
15%
2023
$9,013
17%
$769,067
17%
2022
$7,676
1%
$657,200
1%
2020
$7,594
—
$653,700
1%
2020
$7,583
6%
$646,700
-1%
2017
$7,127
1%
$650,200
2%
2019
$7,037
2%
$635,867
2%
2018
$6,918
2%
$625,033
2%
2017
$6,768
—
$614,200
—
2016
$6,768
—
$614,200
—
2015
$6,798
-21%
$614,200
-21%
2014
$8,630
—
$780,400
—
View All
Disclaimer: Historical tax information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.

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NMLS#: 1598647

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Listed by Taylor Made Deep Creek Vacations & Sales, Elizabeth S Spiker Holcomb

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383 Penn Cove Road, Oakland, MD 21550 (MLS# MDGA2008572) is a Single Family property with 5 bedrooms and 3 full bathrooms. 383 Penn Cove Road is currently listed for $1,599,000 and was received on December 07, 2024. Want to learn more about 383 Penn Cove Road? Do you have questions about finding other Single Family real estate for sale in Oakland? You can browse all Oakland real estate or contact a Coldwell Banker agent to request more information.

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