20160 Garrett Hwy #H708, Oakland, MD 21550 | For Sale

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For Sale $289,900 ($527.09 per Sq Ft)

$289,900 ($527.09 per Sq Ft)
  • (0)
  • 1 Bedrooms
  • 1 Bathrooms
  • 550 Sq Ft
  • Unknown Sq Ft

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find brand-new luxury vinyl plank flooring, updated lighting, and a show-stopping custom staircase, which replaced the outdated spiral design and was so substantial it had to be hoisted into the condo via the roof — a true architectural centerpiece.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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Amenities

Garage
Pool
Garden
Security System
Internet
Telephone
Heating
Fireplace
Balcony & Patio
TV / Cable
Laundry
Hardwood Floors
Spa
Air Conditioning
Solar Power
Floor Plan
Great Views
Natural Light
Quiet
Water View
Elevator
Guest Unit(s)
Furnished
220 Volt

Income

Rental Units


The income description goes here to explain

Expenses

Property Details

List Price $289,900
Property Type Single Family Homes
Usable Sqft 550
Number of Stories 0 stories
Parking Spots 1 spots
Year Built 1972
Last Sold Unknown
Sold Price Unknown
Association Name: Prestige Condominiums
Association Amenities: Beach,Boat Dock/Slip,Elevator,Exercise Room,Fitness Center,Lake,Pool - Indoor,Racquet Ball, Common Area Maintenance,Lawn Maintenance,Pier/Dock Maintenance,Snow Removal
APN # 1218024713
MLS # MDGA2009826
Property ID 321904465
Lot Sqft Unknown
Zoning C
Total Units 1
Days on Market 186
Original List Price Unknown
Applicances Dishwasher,Oven/Range - Electric,Refrigerator,Built-In Microwave%
Date Updated November 15, 2025
Date Created June 18, 2025
Unit # Beds Baths Current Rent Proforma Rent
Unit #1 $20,000 $0

Listing Provided By

Charlotte Savoy an agent of . Lic #522658


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Data last updated: December 21, 2025.
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