Change Real Estate Presents:

20160 Garrett Highway Unit H708
Oakland MD 21550

Sold for $260,000.00 Closed

Close Date: 2026-02-27

Oakland
1 bedrooms
1 bathrooms
550 build ft2

About This Property

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find brand-new luxury vinyl plank flooring, updated lighting, and a show-stopping custom staircase, which replaced the outdated spiral design and was so substantial it had to be hoisted into the condo via the roof — a true architectural centerpiece.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

Listing Agent: Charlotte Savoy. The KW Collective 443-212-8969 charlotte@thesavoyteam.com

Virtual Tours / Videos

https://my.matterport.com/show/?m=CsyzhqCHts1&mls=1

Property Features

Location Information
County:
Subdivision: WILL-O-THE WISP
click to open map in a new window
Interior Features
Appliances: Dishwasher, Oven/Range - Electric, Refrigerator, Built-In Microwave
Interior: Carpet, Breakfast Area, Ceiling Fan(s), Dining Area, Elevator, Floor Plan - Open, Wood Floors
Laundry:
Furnished: None
Flooring: Carpet, CeramicTile, Wood
Water: Public
Cooling: Central A/C
Heating: Forced Air
Fireplaces: None
Windows:
Utilities:
Sewer: Public Sewer
Rooms
Room Type: Bedroom 1
Level: Upper 1
Room Type: Living Room
Level: Main
Room Type: Dining Room
Level: Main
Room Type: Kitchen
Level: Main
Room Type: Full Bath
Level: Main
Exterior Features
Year Built: 1972
Subdivision Name: Will-O-The Wisp
Exterior Features: Private Beach, Extensive Hardscape, Exterior Lighting, Stone Retaining Walls
Garage Spaces: 1.0
Association Fee 2: $704.59 (Monthly)
Association Amenities: Beach, Boat Dock/Slip, Elevator, Exercise Room, FitnessCenter, Lake, Pool - Indoor, Racquet Ball
Schools
Elementary School: Accident
Junior High School: Southern Middle
High School: Southern Garrett High

IDXListing Courtesy of Charlotte Savoy. The KW Collective 443-212-8969 charlotte@thesavoyteam.com

Property Photos [Click to enlarge]

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