$615,000
$629,900
2.4%For more information regarding the value of a property, please contact us for a free consultation.
3 Beds
3 Baths
1,753 SqFt
SOLD DATE : 08/31/2023
Key Details
Sold Price $615,000
Property Type Condo
Sub Type Condo/Co-op
Listing Status Sold
Purchase Type For Sale
Square Footage 1,753 sqft
Price per Sqft $350
Subdivision Lakewood Resorts
MLS Listing ID MDGA2005236
Sold Date 08/31/23
Style Other
Bedrooms 3
Full Baths 3
Condo Fees $475/mo
HOA Y/N N
Abv Grd Liv Area 1,753
Originating Board BRIGHT
Year Built 1987
Annual Tax Amount $2,048
Tax Year 2023
Property Description
Owner just relocated. Reduced for quick sale. Busy vacation rental - $30K on the books already this year (after payment of management company commission and fees). Annual rental projection is $49K - $56K net. TRUE lakefront property with expansive unobstructed views of Deep Creek Lake. 3 BD, 3 BTH spacious lakefront condo. Unit is steps away from its assigned dock slip. Unit is being sold completely furnished and turnkey with list price. Kitchen just renovated with stainless steel appliances, quartz countertops and undermount sink. Unit was recently converted to a legal 3 bedroom unit with current TVRU license. Unit is fairly new to the vacation rental market but quickly booking up for the summer, so all that income can be yours. Spacious bedrooms, lakeside deck, wood burning fireplace and new hot tub. 2 assigned parking spots included. Community offers picnic and fire pit areas, heated indoor pool, tennis courts, basketball court, pickleball court, overflow parking and boat trailer parking. Incredible location; close to restaurants, close to the slopes and steps from the lake! Enjoy Deep Creek Lake without the hassle of yard and driveway maintenance! This is a Railey Vacation rental under the name Scenic Solitude.
Location
State MD
County Garrett
Rooms
Other Rooms Living Room, Dining Room, Primary Bedroom, Bedroom 2, Kitchen, Foyer, Other
Basement Connecting Stairway, Outside Entrance, Full, Fully Finished, Walkout Level
Interior
Interior Features Breakfast Area, Floor Plan - Open
Hot Water Electric
Heating Forced Air
Cooling Ceiling Fan(s), Central A/C
Flooring Engineered Wood, Carpet
Fireplaces Number 1
Fireplaces Type Fireplace - Glass Doors
Equipment Dishwasher, Disposal, Microwave, Oven/Range - Electric, Refrigerator
Fireplace Y
Appliance Dishwasher, Disposal, Microwave, Oven/Range - Electric, Refrigerator
Heat Source Electric
Laundry Washer In Unit, Dryer In Unit
Exterior
Exterior Feature Deck(s), Patio(s)
Parking On Site 2
Utilities Available Cable TV Available
Amenities Available Beach, Water/Lake Privileges, Other, Boat Dock/Slip, Hot tub, Lake, Pool - Indoor, Tennis Courts, Basketball Courts
Water Access Y
Water Access Desc Boat - Length Limit,Boat - Powered,Canoe/Kayak,Fishing Allowed,Limited hours of Personal Watercraft Operation (PWC),Swimming Allowed,Waterski/Wakeboard
View Water, Mountain, Lake
Roof Type Shingle
Accessibility None
Porch Deck(s), Patio(s)
Garage N
Building
Story 3
Foundation Block
Sewer Public Sewer
Water Well
Architectural Style Other
Level or Stories 3
Additional Building Above Grade, Below Grade
Structure Type Dry Wall
New Construction N
Schools
School District Garrett County Public Schools
Others
Pets Allowed Y
HOA Fee Include Other
Senior Community No
Tax ID 1218049244
Ownership Condominium
Acceptable Financing Conventional, Bank Portfolio, Cash
Horse Property N
Listing Terms Conventional, Bank Portfolio, Cash
Financing Conventional,Bank Portfolio,Cash
Special Listing Condition Standard
Pets Allowed No Pet Restrictions
Read Less Info
Want to know what your home might be worth? Contact us for a FREE valuation!
Our team is ready to help you sell your home for the highest possible price ASAP
Bought with Michael N Kennedy • Railey Realty, Inc.
"My job is to find and attract mastery-based agents to the office, protect the culture, and make sure everyone is happy! "