256 Jeffrey Lane # 28
Oakland, MD, 21550 $ 465,000
Bedrooms3 Baths3.1 Sq 1,858 Monthly Estimate*
$ 3,212
for $465,000 with 3 bedrooms and 3 full baths, 1 half bath. This 1,858 square foot condo was built in 2004.
LAKE VIEWS, PRIME LOCATION & SELLER-PAID 2/1 INTEREST RATE BUYDOWN! Welcome to 256 Jeffrey Lane at Traders Landing, perfectly situated in the heart of Deep Creek Lake! This front-row, 3-bedroom, 3.5-bath condo offers beautiful lake views, an inviting floor plan, and the perfect combination of vacation getaway, investment opportunity, or year-round living. Featuring two spacious primary suites, a mostly level entry, central A/C, and a beautifully renovated kitchen with quartz countertops and stainless steel appliances, this property is designed for comfort and convenience. The open living area features a cozy gas fireplace, while the finished lower level provides additional living and entertaining space. Step outside to enjoy the spacious lakeside deck and patio, perfect for relaxing after a day on the lake or slopes. An outdoor storage shed, two dedicated parking spaces, and a huge overflow parking lot provide plenty of room for guests and an outdoor storage area too! Looking for rental potential? With projected gross vacation rental income of $36,000 to $51,000 annually, this property offers an exciting opportunity to enjoy your own lake getaway while potentially offsetting ownership expenses. Whether you're looking for a personal retreat, investment property, or a little of both, this one checks all the boxes! One of the biggest advantages of Traders Landing is the low-maintenance lifestyle! The condo association takes care of snow removal, trash service, lawn care, and common area maintenance, leaving you more time to enjoy the lake. And the location couldn't be better! Walk to the lake, Brenda's Pizzeria, Trader's Coffee House, High Mountain Sports, and nearby shopping, dining, and recreation. Just minutes from Wisp Resort, marinas, golf, and all the four-season activities that make Deep Creek Lake such a special destination. With beautiful lake views, an unbeatable walkable location, strong rental potential, and a seller-paid 2/1 interest rate buydown and no-cost refinance to help reduce your initial monthly payments, this is an opportunity you won't want to miss! Call today for your private showing and details!
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FeaturesGeneralLiving Area 1858
Sewer Public Sewer
Heating Forced Air
Cooling Central A/C
Possession Immediate
Roof Architectural Shingle
Appliances Built-In Microwave Dishwasher Disposal Dryer Exhaust Fan Refrigerator Stainless Steel Appliances Stove Washer
Zoning R
Association Fee Includes Common Area Maintenance Lawn Maintenance Management Road Maintenance Snow Removal Trash Water
Patio/Porch Features Deck(s) Patio(s)
Architectural Style Colonial
Construction Materials Frame
School District GARRETT COUNTY PUBLIC SCHOOLS
Year Built 2004
Electric 200+ Amp Service
View Lake
Levels 3
Unit Number 28
Tax Year 2025
Ownership Condominium
Cool Fuel Electric
Accessibility None
HOA Fee 2 340.00
County GARRETT
New Construction N
Property Type Residential
Association Amenities Common Grounds
HOA N
Subdivision Name TRADERS LANDING
Garage Y/N N
Water Access Y/N N
Other Structures Above Grade
Full Baths 3
Status ACTIVE
Directions Google
City OAKLAND
Body of Water Deep Creek Lake
Senior Community Y/N N
HOA Fee 2 Frequency Monthly
Tax Annual Amount 4561.0
Home Warranty Y/N N
Structure Type End of Row/Townhouse
Condo/Coop Association fee Y/N Y
Bathrooms Full Main Level 0
Bathrooms Count Main Level 1.00
Price Per Sq Ft Total AG 250.27
Vacation Rental Y/N N
Location Type Lake
Standard Status Active
Year Built Source Assessor
Tax Lot 28
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InteriorInterior Amenities Bathroom - Soaking Tub Bathroom - Jetted Tub Built-Ins Carpet Ceiling Fan(s) Entry Level Bedroom Floor Plan - Open Kitchen - Gourmet Primary Bath(s) Recessed Lighting Upgraded Countertops Walk-in Clo
Heating Fuel Propane - Metered
Basement Fully Finished Walkout Level
Flooring Carpet Ceramic Tile Laminate Plank
Total Fireplaces 1
Fireplace Features Gas/Propane
Hot Water Electric
Basement (Y/N) Y
Heating Y/N Y
Fireplace Y/N Y
Above Grade Finished Area 1858
Half Baths 1
Central Air Y/N Y
Total Bedrooms 3
Entry Level 2
Room Type Living Room Dining Room Primary Bedroom Bedroom 3 Kitchen Laundry Primary Bathroom Full Bath Half Bath
Main Level Bedrooms 0
Laundry Type Main Floor
Above Grade Finished Area Source Estimated
Above Grade Finished Area Unit Type Square Feet
Total Baths 4
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ExteriorPool No Pool
Water Source Public
Type of Parking Parking Lot
Foundation Details Block
Water View Y/N Y
Water Body Type Lake
Waterfront Y/N N
Land Assessed Value 75000.00
Navigable Water Y/N N
Water Oriented Y/N Y
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* Excluded FeaturesList Bycharlotte@thesavoyteam.comEmail
Affordability Calculator
- Monthly Principal & Interest
- $3,212
- Monthly Property Taxes
- $380
- Monthly Home Insurance
- --
Default based on a 30-year fixed rate of 7.375% 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.
Learn more about how to save NearbyCondo listings in Oakland, MD
Average List Price $363,547
Percent of Sale Price 22%
About Oakland, MD 1,854 Population
-11% Since 2002
$ 36,239 Median Income
46.74 Median Age
19% Households with Children
Trends Information provided by ATTOM Data Solutions.
3539580 Elementary School
3534321 Middle School
Southern Garrett High High School
Pricing History| Date | Price | Price Change | Description |
|---|
| 11/8/2026 | $465,000 | | Listed Price |