20160 Garrett Highway # H708 Oakland, MD $ 289,900
20160 Garrett Highway # H708
$ 289,900
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20160 Garrett Highway # H708

Oakland, MD, 21550
$ 289,900
Bedrooms1 Baths1.0 Sq 550

Monthly Estimate*

$ 1,809

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Condo for sale in Oakland, MD

for $289,900 with 1 bedroom and 1 full bath. This 550 square foot condo was built in 1972.

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find brand-new luxury vinyl plank flooring, updated lighting, and a show-stopping custom staircase, which replaced the outdated spiral design and was so substantial it had to be hoisted into the condo via the roof a true architectural centerpiece.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

Price

$ 289,900

Bedrooms

1

Full Bath

1

Property Type

Condo

Taxes

$ 2,289

Style

Contemporary

Year Built

1972

Town/City

Oakland

County/Region

Garrett

MLS | Web ID

MDGA2009826

Features
General
Living Area 550
Sewer Public Sewer
Heating Forced Air
Cooling Central A/C
Possession Settlement
Appliances Dishwasher Oven/Range - Electric Refrigerator Built-In Microwave
Zoning C
Garage Spaces 1.00
Association Fee Includes Common Area Maintenance Lawn Maintenance Pier/Dock Maintenance Snow Removal
Architectural Style Contemporary
Construction Materials Block
School District GARRETT COUNTY PUBLIC SCHOOLS
Year Built 1972
View Lake Mountain Trees/Woods
Levels 7
Unit Number H708
Tax Year 2024
Ownership Condominium
Cool Fuel Electric
Waterfront Features Sandy Beach
Accessibility Elevator
HOA Fee 2 704.59
County GARRETT
New Construction N
Property Type Residential
Association Amenities Beach Boat Dock/Slip Elevator Exercise Room Fitness Center Lake Pool - Indoor Racquet Ball
HOA N
Subdivision Name WILL-O-THE WISP
Garage Y/N Y
Water Access Y/N Y
Other Structures Above Grade Below Grade
Full Baths 1
Status ACTIVE
Directions Google
City OAKLAND
Body of Water Deep Creek Lake
Senior Community Y/N N
Number Of Units Total 1
HOA Fee 2 Frequency Monthly
Tax Annual Amount 2289.0
Structure Type Penthouse Unit/Flat/Apartment
Condo/Coop Association fee Y/N Y
Number of Community Docks 1
Bathrooms Full Main Level 1
Bathrooms Count Main Level 1.00
Price Per Sq Ft Total AG 527.09
Community Pool Features Heated Indoor
Vacation Rental Y/N N
Virtual Tour https://my.matterport.com/show/?m=CsyzhqCHts1&mls=1
Location Type Lake
Standard Status Active
Year Built Source Estimated
Tax Lot H 708
Total Actual Rent 20000.00
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Interior
Interior Amenities Carpet Breakfast Area Ceiling Fan(s) Dining Area Elevator Floor Plan - Open Wood Floors
Heating Fuel Electric
Flooring Carpet Ceramic Tile Wood
Hot Water Electric
Basement (Y/N) N
Heating Y/N Y
Fireplace Y/N N
Above Grade Finished Area 550
Central Air Y/N Y
Total Bedrooms 1
Below Grade Finished Area 0
Entry Level 4
Room Type Living Room Dining Room Kitchen Bedroom 1 Full Bath
Below Grade Finished Area Unit Type Square Feet
Below Grade Finished Area Source Assessor
Above Grade Finished Area Source Estimated
Above Grade Finished Area Unit Type Square Feet
Total Baths 1
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Exterior
Exterior Amenities Private Beach Extensive Hardscape Exterior Lighting Stone Retaining Walls
Pool Yes - Community
Water Source Public
Garage Features Underground
Type of Parking Parking Garage Parking Lot
Water View Y/N Y
Water Body Type Lake
Waterfront Y/N Y
Water Access Features Private Access Boat - Powered Canoe/Kayak Fishing Allowed Personal Watercraft (PWC) Public Beach Sail Waterski/Wakeboard
Number of Docks 1
Land Assessed Value 75000.00
Navigable Water Y/N Y
Number of Slips 1
Water Oriented Y/N Y
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Internal Only
Street Number 1 20160
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* Excluded Features
List By
The Kw Collective

Broker

charlotte@thesavoyteam.com

Email

Affordability Calculator

$1,999
Per Month
90%
10%
0%
Monthly Principal & Interest
$1,809
Monthly Property Taxes
$191
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 6.375% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
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Nearby
3546724 Elementary School
3533870 Middle School
Southern Garrett High High School
Pricing History
DatePricePrice ChangeDescription
10/29/2025$289,900 -3.37% Price Down
6/19/2025$300,000 Listed Price

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20160 Garrett Highway # H708, Oakland, MD, 21550 is a Condo for sale at $289,900 with 550 sqft. 20160 Garrett Highway # H708 has 1 bedrooms, 1.0 baths, and was built in 1972. The property's zip code is 21550 which is in Oakland, MD