4 months on rocket

464 Lake Forest Dr, Oakland, MD, 21550

$1,725,000

Home List Price

$10,000*

Closing Credit

4 Bedrooms
3 Full Baths, 1 Partial
2,496 SqFt
$691/SqFt
House

Location

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464 Lake Forest Dr, Oakland$1,725,000

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 Built1997
HeatingBaseboard
CoolingCentral Air
BasementYes
MLS #MDGA2007712
Lot Size0.52 Acres
StatusActive
(ACTIVE)

About 464 Lake Forest Dr

Truly wonderful lakefront property in the Lake Forest Drive area of Deep Creek Lake with a large deck for taking in the great views of Deep Creek Lake. 70 feet of waterfront, with a private Type A Dock. Nice backyard with a fire pit, a sitting area next to the lake, and plenty of room to entertain. Inside, there are four bedrooms, three full bathrooms, and a half bathroom. There are also three separate entertainment areas, including a living room on the main level, a large family room on the bottom level, and a nice sitting area in the loft. There is also a large kitchen and dining area, along with hardwood floors on the main level, and a wood burning stove that could easily be converted to a fireplace. Outside, there is a circular driveway, with room for eight cars to park, along with a one car garage large enough to store your boat. The trees showing in the pictures are on the seller's property and can easily be trimmed to open up the views of the lake.

Property Details

Property Features

Property Information:

  • Architectural Style: Contemporary
  • Year Built: 1997
  • Stories: 3
  • Living Area: 2,496 SqFt

Listing Office:

  • Office Name: Taylor Made Deep Creek Vacations & Sales
  • Office Phone: (301) 387-4700
  • Listing Agent: Andrew C Orr

Interior Features

Interior Information:

  • Basement: Yes

Bedroom and Bathroom Information:

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

Exterior Features

Parking Information:

  • Parking: Driveway

Lot Features

Lot Information:

  • Lot Size: 0.52 Acres

Utilities

Utilities Information:

  • Heating: Baseboard
  • Cooling: Central Air

Other

Directions Information:

  • Directions: 219 to Mayhew Inn Road to Lake Forest Drive. Sign on the property

Price Information

Listing Price Info

Price Summary:

  • List Price: $1,725,000
  • Price Per SqFt: $691/SqFt

HOA Fees:

  • Amount: $185
  • Frequency: Annually

Tax Information:

  • Annual Amount: $6,847
  • 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

464 Lake Forest Dr vs Oakland

129 DAYS ON ROCKET

+82 Days

$1,725,000

+$1.3M More

$691/SqFt

+$474 More

KEY TAKEAWAY

This property is $1.3M more than the Median Sold Price and $474/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: #MDGA2007712

Listing Office:

  • Office Name: Taylor Made Deep Creek Vacations & Sales
  • Office Phone: (301) 387-4700
  • Listing Agent: Andrew C Orr

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: 11/21/2024, 9:20:56 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Property Sales & Tax

Listing History

Jun 06, 2000Home Sold
$429,000

Tax History

YEARPROP. TAXASSESSMENT
2021$6,847$552,633
2020$6,741$544,267
2018$6,387$535,900
2017$6,334$535,900

History based on county public records data.

Payment Calculator

$8,692

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$5,238

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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-249885
7
/10

  • Broad Ford Elementary School

  • 607 Harvey Winters Dr

  • 6.45 miles

  • Public District Grades PK-5

school-card-donut-249886
5
/10

  • Yough Glades Elementary School

  • 70 Wolf Acres Dr

  • 7.81 miles

  • Public District Grades PK-5

school-card-donut-249887
9
/10

  • Accident Elementary School

  • 534 Accident Bittinger Rd

  • 8.88 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. The most common annual income of people living in Oakland, MD is between $35k-100k. The majority of families are single, no kids. The most common level of education of people living in this area is post secondary degree.

All data provided by Home Junction and Claritas

Frequently Asked Questions About 464 Lake Forest Dr

What is the listing price of this property?

The listing price of 464 Lake Forest Dr property is $1,725,000.

What type of property is this?

The property 464 Lake Forest Dr is a house located in Oakland, Maryland, 21550.

Is this property for sale now?

Active Listing: 464 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 $6,847 (source: MLS/based on county public records data).

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

The last sale was on June 6, 2000 for $429,000. (source: MLS/tax record).

How many bedrooms and bathrooms does this property have?

The property at 464 Lake Forest Dr has 4 bedrooms and 3 full and 1 half bathrooms.

What is the square footage of this property?

The property 464 Lake Forest Dr is 2,496 SqFt (source: MLS/tax record).

Which year was this property built?

The year of construction for 464 Lake Forest Dr is 1997.

Rocket Homes›Maryland›Garrett County›Oakland›21550›464 Lake Forest Dr

This home is located at 464 Lake Forest Dr in Oakland, MD and zip code 21550. This 2,496 square foot home, which was built in 1997, sits on a 0.52 acre lot. Features: 4 bedrooms, 4 bathrooms. It has been listed on Rocket Homes since July 14, 2024 and is currently priced at $1,725,000.

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. The number of homes for sale in Oakland, MD decreased by 6.6% between September 2024 and October 2024. Listings spent 47 days on the market in October 2024, and had a median list price of $387,000 during the same period.

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

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