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343 Lake Forest Dr, Oakland, MD, 21550

$1,249,000

Home List Price

$10,000*

Closing Credit

5 Bedrooms
3 Full Baths
3,162 SqFt
$395/SqFt
House

Location

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343 Lake Forest Dr, Oakland$1,249,000

Buyer Closing Credits

$10,000*

1.25% Loan Amount

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Contact Us Phone Number1 (855) 200-2001

Property Highlights

Home TypeSingle Family Residence
ParkingDriveway
Year Built2001
HeatingForced Air
CoolingCentral Air, Ceiling Fan(s)
BasementYes
ViewLake, Mountain(s)
MLS #MDGA2008502
Lot Size2.03 Acres
StatusActive
(ACTIVE)

About 343 Lake Forest Dr

Discover lakeside living at its finest in this beautifully updated 5 bedroom 3 bathroom Lake Forest Estates home with lake access and dock slip. Located in a highly sought-after community, this home offers a perfect blend of elegance and comfort. The remodeled kitchen features stunning granite countertops, a spacious island ideal for gathering, and modern appliances, while the luxurious bathroom boasts a soaking tub, tiled shower, and spa-like ambiance. With cathedral ceilings, three levels of living space, and two cozy wood-burning fireplaces, the home feels spacious and inviting. Step outside to an expansive wrap-around front deck, offering privacy and lake views from every angle. Unwind in the hot tub or take advantage of your nearby dock slip, just a short stroll away, for endless water adventures. Whether you're seeking a permanent residence or the perfect getaway / vacation rental, this home has it all—don't miss the chance to make it yours!

Property Details

Property Features

Property Information:

  • Architectural Style: Chalet
  • Year Built: 2001
  • Stories: 3
  • Living Area: 3,162 SqFt

Listing Office:

  • Office Name: Railey Realty, Inc.
  • Office Phone: (301) 387-2000
  • Listing Agent: Justin D Liller

Interior Features

Interior Information:

  • Basement: Yes
  • Interior: Entry Level Bedroom, Family Room Off Kitchen, Floor Plan - Open, Primary Bath(s)

Bedroom and Bathroom Information:

  • Full Bathrooms: 3
  • Total Bedroom Count: 5

Exterior Features

Exterior Information:

  • View: Lake, Mountain(s)
  • Exterior: Hot Tub

Parking Information:

  • Parking: Driveway

Lot Features

Lot Information:

  • Lot: Wooded
  • Lot Size: 2.03 Acres

Utilities

Utilities Information:

  • Heating: Forced Air
  • Cooling: Central Air, Ceiling Fan(s)

Other

Directions Information:

  • Directions: From McHenry follow Garrett Hwy South to RIGHT on Mayhew Inn Rd, then RIGHT on Lake Forest Dr to 343 on LEFT

Price Information

Listing Price Info

Price Summary:

  • List Price: $1,249,000
  • Price Per SqFt: $395/SqFt

HOA Fees:

  • Amount: $1200
  • Frequency: Annually

Tax Information:

  • Annual Amount: $5,755
  • 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

343 Lake Forest Dr vs Oakland

1 DAY ON ROCKET

-46 Days

$1,249,000

+$862K More

$395/SqFt

+$178 More

KEY TAKEAWAY

This property is $862K more than the Median Sold Price and $178/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: #MDGA2008502

Listing Office:

  • Office Name: Railey Realty, Inc.
  • Office Phone: (301) 387-2000
  • Listing Agent: Justin D Liller

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: 11/14/2024, 8:20:55 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

Sep 24, 2019Home Sold
$536,500
Mar 09, 2000Home Sold
$100,000

Tax History

YEARPROP. TAXASSESSMENT
2021$5,755$483,100
2020 - $457,500
2018$5,147$431,900
2017$5,105$431,900

History based on county public records data.

Payment Calculator

$6,401

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$3,811

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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-250874
7
/10

  • Broad Ford Elementary School

  • 607 Harvey Winters Dr

  • 6.33 miles

  • Public District Grades PK-5

school-card-donut-250875
5
/10

  • Yough Glades Elementary School

  • 70 Wolf Acres Dr

  • 7.67 miles

  • Public District Grades PK-5

school-card-donut-250876
9
/10

  • Accident Elementary School

  • 534 Accident Bittinger Rd

  • 9.04 miles

  • Public District Grades PK-5

All data from GreatSchools

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $46,700. Typical income of Oakland, MD residents is between $35k-100k annually. Most families are single, no kids. The majority of residents in this area have post secondary degree education.

All data provided by Home Junction and Claritas

Frequently Asked Questions About 343 Lake Forest Dr

What is the listing price of this property?

The listing price of 343 Lake Forest Dr property is $1,249,000.

What type of property is this?

The property 343 Lake Forest Dr is a house located in Oakland, Maryland, 21550.

Is this property for sale now?

Active Listing: 343 Lake Forest Dr 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 $5,755 (source: MLS/based on county public records data).

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

The last sale was on September 24, 2019 for $536,500. (source: MLS/tax record).

How many bedrooms and bathrooms does this property have?

The property at 343 Lake Forest Dr has 5 bedrooms and 3 bathrooms.

What is the square footage of this property?

The property 343 Lake Forest Dr is 3,162 SqFt (source: MLS/tax record).

Which year was this property built?

The year of construction for 343 Lake Forest Dr is 2001.

Rocket Homes›Maryland›Garrett County›Oakland›21550›343 Lake Forest Dr

This home is located at 343 Lake Forest Dr in Oakland, MD and zip code 21550. This 3,162 square foot home, which was built in 2001, sits on a 2.03 acre lot. Features: 5 bedrooms, 3 bathrooms. It has been listed on Rocket Homes since November 14, 2024 and is currently priced at $1,249,000.

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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