Change Real Estate Presents:

118 Roman Ridge Road
Oakland MD 21550

Sold for $485,000.00 Closed

Close Date: 2025-10-16

Oakland
3 bedrooms
4 bathrooms
1,820 build ft2

About This Property

Welcome to "Latitude Adjustment", a 3-level townhome in the desirable Roman Ridge Community, perfectly located in the heart of Deep Creek Lake. This is an active short-term rental that sleeps 9 and averages $46k to $54k in annual rentals with an ADR of $380! 2025 already has 78 days booked for $30k that can be conveyed or canceled; the choice is yours! This 3 BR, 3.5 BA property is being sold turnkey after a complete refresh in 2022, including new high-end furnishings, luxury vinyl plank flooring, updated décor, accessories, bedding, and kitchenware, plus a modernized kitchen with granite counters and stainless steel appliances. Stylish, move-in ready, and rental-ready — it’s all here. Take in breathtaking lake and mountain views from every room. The open floor plan features central A/C, propane forced-air heating, and a cozy gas fireplace with mantle. Outdoor living is just as inviting with a deck overlooking the water and a lower-level patio with hot tub and firepit for year-round enjoyment. A BBQ updated in 2025 adds to the entertaining appeal. Parking is simple with two assigned spaces per unit plus overflow in a community-owned lot behind Brenda’s Pizza. The association covers road maintenance, water, snow removal, and trash service, and extensive road improvements are being completed in the community this fall. There's even outdoor storage for your kayaks or other lake toys! Currently an active short-term rental with proven income, "Latitude Adjustment" offers the ideal balance of a lakeside retreat and a smart investment opportunity.

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

Property Features

Location Information
County:
Subdivision: TRADERS LANDING
click to open map in a new window
Interior Features
Appliances: Built-In Microwave, Dishwasher, Disposal, Dryer, Oven/Range - Gas, Refrigerator, Stainless Steel Appliances, Washer
Interior: Bathroom - Jetted Tub, Bathroom - Soaking Tub, Bathroom - Walk-In Shower, Built-Ins, Carpet, Ceiling Fan(s), Dining Area, Floor Plan - Open, Kitchen - Gourmet, Primary Bath(s), Recessed Lighting, Upgraded Countertops, Walk-in Closet(s), Window Treatments, Wood Floors
Laundry:
Furnished: Yes
Flooring: Carpet, CeramicTile, Luxury Vinyl Plank
Water: Public
Cooling: Central A/C, Ceiling Fan(s)
Heating: Forced Air
Fireplaces: 1
Windows:
Utilities:
Sewer: Public Sewer
Rooms
Room Type: Primary Bedroom
Level: Upper 1
Room Type: Full Bath
Level: Upper 1
Room Type: Living Room
Level: Main
Room Type: Dining Room
Level: Main
Room Type: Half Bath
Level: Main
Room Type: Bedroom 2
Level: Lower 1
Room Type: Full Bath
Level: Lower 1
Room Type: Bedroom 3
Level: Lower 1
Room Type: Full Bath
Level: Lower 1
Room Type: Laundry
Level: Lower 1
Room Type: Storage Room
Level: Lower 1
Exterior Features
Year Built: 2003
Subdivision Name: Traders Landing
Exterior Features: BBQ Grill
Parking: Unassigned
Association Fee 2: $320.00 (Monthly)
Association Amenities: Common Grounds
Schools
Elementary School: None
Junior High School: None
High School: None

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

Property Photos [Click to enlarge]

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