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324 Penn Cove Rd, Oakland, MD, 21550

$1,250,000

Home List Price

$10,000*

Closing Credit

4 Bedrooms
3 Full Baths, 1 Partial
3,820 SqFt
$327/SqFt
House

Location

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324 Penn Cove Rd, Oakland$1,250,000

Buyer Closing Credits

$10,000*

1.25% Loan Amount

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Property Highlights

Home TypeSingle Family Residence
ParkingGarage - Front Entry, Attached Garage, Driveway
Garage2 spaces
Year Built2004
HeatingHeat Pump
CoolingCentral Air
BasementYes
FireplaceStone
ViewMountain(s)
MLS #MDGA2008250
Lot Size1.37 Acres
StatusActive
(ACTIVE)

About 324 Penn Cove Rd

Stunning log home situated on a large lot in the private Penn Cove community. This turn-key home offers new hardwood flooring, granite countertops, new appliances, new furnace/heat pump, new decks, new carpet, remodeled bathrooms, an open floorplan, large stone propane fireplace, and a substantial kitchen island. The four bedrooms (two of which are suites) provide plenty of room to enjoy friends and family. The abundance of windows allows you to enjoy the impressive mountain views from almost every room during any season. This property also offers lake access with a deeded dock slip, located in a no wake cove. If all of this isn't enough, take a walk outside to enjoy the partially covered wrap-around deck, fenced rear yard, nice firepit area and horse shoe pit. The quiet , no thru street makes this property feel very secluded; your own little slice of Deep Creek Lake. Bennington pontoon boat and UTV can be purchased separately; details and pricing available upon request. Call today to preview!

Property Details

Property Features

Property Information:

  • Architectural Style: Log Home
  • Year Built: 2004
  • Stories: 3
  • Living Area: 3,820 SqFt

Listing Office:

  • Office Name: Taylor Made Deep Creek Vacations & Sales
  • Office Phone: (301) 387-4700
  • Listing Agent: Elizabeth S Spiker Holcomb

Interior Features

Interior Information:

  • Appliances: Microwave, Dishwasher, Dryer, Refrigerator, Washer, Oven
  • Basement: Yes
  • Flooring Type: Hardwood, Carpet, Ceramic Tile
  • Interior: Dining Area, Entry Level Bedroom, Floor Plan - Open, Kitchen - Island, Skylight(s), Wood Floors
  • Fireplace: Stone

Bedroom and Bathroom Information:

  • Partial Bathrooms: 1
  • Full Bathrooms: 3
  • Total Bedroom Count: 4

Exterior Features

Exterior Information:

  • View: Mountain(s)
  • Exterior: Sidewalks

Parking Information:

  • Garage Space: 2 spaces
  • Parking: Garage - Front Entry, Attached Garage, Driveway

Lot Features

Lot Information:

  • Lot: Trees, Landscaped
  • Lot Size: 1.37 Acres

Utilities

Utilities Information:

  • Heating: Heat Pump
  • Cooling: Central Air

Other

Directions Information:

  • Directions: Garrett Highway South to left on Sand Flat road, left on Boy Scout Road, right on Penn Point Road, right on Penn Cove Road, home is on the right.

Price Information

Listing Price Info

Price Summary:

  • List Price: $1,250,000
  • Price Per SqFt: $327/SqFt

HOA Fees:

  • Amount: $500
  • Frequency: Annually

Tax Information:

  • Annual Amount: $4,995
  • Tax Year: 2021
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Housing Market Comparison

See how this home compares to others in Oakland, MD.

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Oakland, MD

City

Med. Sold Price

$387K

Med. Price/SqFt

$216

Avg. Days On Market

47

# of Sold Homes

19

324 Penn Cove Rd vs Oakland

44 DAYS ON ROCKET

-3 Days

$1,250,000

+$863K More

$327/SqFt

+$110 More

KEY TAKEAWAY

This property is $863K more than the Median Sold Price and $110/SqFt more than other homes in Oakland, MD.

Based on homes sold in the last 12 months

MLS Details

MLS Information:

  • MLS Name: BRIGHT
  • MLS Number: #MDGA2008250

Listing Office:

  • Office Name: Taylor Made Deep Creek Vacations & Sales
  • Office Phone: (301) 387-4700
  • Listing Agent: Elizabeth S Spiker Holcomb

IDX Information Deemed Reliable But Not Guaranteed. The data relating to real estate for sale on this website appears in part through the BRIGHT Internet Data Exchange program, a voluntary cooperative exchange of property listing data between licensed real estate brokerage firms in which participates, and is provided by BRIGHT through a licensing agreement.

The information provided by this website is for the personal, non-commercial use of consumers and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Some properties which appear for sale on this website may no longer be available because they are under contract, have sold or are no longer being offered for sale. Some real estate firms do not participate in IDX and their listings do not appear on this website. Some properties listed with participating firms do not appear on this website at the request of the seller. This home sale information is not to be construed as an appraisal and may not be used as such for any purpose.

BRIGHT MLS is the (or a) provider of this home sale information and has compiled content from various sources. Some properties represented may not have actually sold due to reporting errors. ©2024 BrightMLS. All rights reserved.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 11/13/2024, 9:20:52 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Property Sales & Tax

Listing History

Feb 25, 2021Home Sold
$700,000

Tax History

YEARPROP. TAXASSESSMENT
2021$4,995$436,233
2020$4,925$427,667
2018$4,648$419,100
2017$4,649$419,100

History based on county public records data.

Payment Calculator

$6,347

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$3,814

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Schools

Schools Nearby

The school rating is a score out of 10, where 10 is the highest and 1 is the lowest. Assigned schools have a bold outline.

Nearby Schools

school-card-donut-3714
7
/10

  • Broad Ford Elementary School

  • 607 Harvey Winters Dr

  • 4.79 miles

  • Public District Grades PK-5

school-card-donut-3715
5
/10

  • Yough Glades Elementary School

  • 70 Wolf Acres Dr

  • 6.32 miles

  • Public District Grades PK-5

school-card-donut-3716
7
/10

  • Crellin Elementary School

  • 115 Kendall Dr

  • 9.41 miles

  • Public District Grades KG-5

All data from GreatSchools

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $53,750. The most common annual income of people living in Oakland, MD is less than $35k. Residents typically live in married, no kids family. Most residents in this area have post secondary degree education.

All data provided by Home Junction and Claritas

Frequently Asked Questions About 324 Penn Cove Rd

What is the listing price of this property?

The listing price of 324 Penn Cove Rd property is $1,250,000.

What type of property is this?

The property 324 Penn Cove Rd is a house located in Oakland, Maryland, 21550.

Is this property for sale now?

Active Listing: 324 Penn Cove Rd is For Sale (Active/New) which means the seller is accepting offers.

What is the annual property tax for this property?

According to the records, the last property tax for 2021 is $4,995 (source: MLS/based on county public records data).

When was this property sold last time and for how much?

The last sale was on February 25, 2021 for $700,000. (source: MLS/tax record).

How many bedrooms and bathrooms does this property have?

The property at 324 Penn Cove Rd has 4 bedrooms and 3 full and 1 half bathrooms.

What is the square footage of this property?

The property 324 Penn Cove Rd is 3,820 SqFt (source: MLS/tax record).

Which year was this property built?

The year of construction for 324 Penn Cove Rd is 2004.

Rocket Homes›Maryland›Garrett County›Oakland›21550›324 Penn Cove Rd

This home is located at 324 Penn Cove Rd in Oakland, MD and zip code 21550. This 3,820 square foot home, which was built in 2004, sits on a 1.37 acre lot. Features: 4 bedrooms, 4 bathrooms. It has been listed on Rocket Homes since September 30, 2024 and is currently priced at $1,250,000.

While more than 3 listings in Oakland, MD in October 2024 were sold above asking price, there were more than 1 listings sold at asking price, and more than 15 were sold below. Between September 2024 and October 2024, Oakland, MD real estate market has seen decrease in the number of listings by 6.6%. While the average time on the market in October 2024 was 47 days, the median list price was $387,000.

From Rocket Homes Real Estate and based on county public records data.

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