tomo logo

$259,999

Beds
1
Baths
1.0
sq ft
785

565 Glendale Rd Unit 312, Oakland, MD 21550

565 Glendale Rd Unit 312

OAKLAND, MD 21550

  • 17 days on market
Exceptional Properties. Exceptional Clients. Own your very own slice of peace and relaxation at Deep Creek Lake. The Suites at Silver Tree sits along 350 feet of private shoreline. The resort is a destination for many, and this unit (one of the top rental units in the building) produces an annual revenue of $25k+. One of only four loft units that has a private bedroom at the resort, this opportunity does not come up often. There is a superb on-site restaurant and bar, and professional on-site management, you will love the convenience of owning a suite within this community. This has been recently upgraded with new granite countertops throughout, granite fireplace surround, fresh paint, new furniture, carpet, and much more. The famous Dutch's at Silver Tree Restaurant and the accompanying Harbor Bar are feet away from your private unit and feature some of the best food and drinks at Deep Creek Lake! Silver Tree Marine is at your fingertips featuring boat, kayak, and SUP rentals. Take advantage of this established revenue earning vacation rental unit and start living the lake lifestyle today! Call now for more details or to see this property and the community in-person!

Details

Property type

Condominium

Est. home value

$269,851

Lot size

Unknown

Price per sq ft

$332

Year built

2006

Annual property taxes

$2,317

Monthly HOA fee

$857

Price History

02/14/2025
Bright

Bright #MDGA2008890

Listed
$259,999
12/06/2024
Bright

Bright #MDGA2006856

Removed
$259,999
10/15/2024
Bright

Bright #MDGA2006856

Price change
$259,999
-3.7%

Schools & Community

Elementary school: 

Unknown

Middle school: 

Unknown

High school: 

Unknown

Community features: 

Sidewalks, Street Lights

School district: 

GARRETT COUNTY PUBLIC SCHOOLS

Seller’s Loan History

Before you make an offer, understand who you are negotiating with so you can tailor your negotiation strategy to their situation.

Lender

First United Bank & Trust

Loan start date

August 2019

Original loan amount

$94,489

Est. remaining balance

Not provided

Interest rate

4%

Loan type

Adjustable Rate Mortgage, 30 year

Seller

Keith D Whalen

Source: Public records data

If you're the owner, you can request to remove loan details. Email listingsupport@tomo.com

How insights can help you

Interest rate

If the seller has a low interest rate, they may be tempted to rent the property out if they can't get the price they have in mind.

Motivation

If the seller already got a job in a different city, they may feel pressure to sell quickly to free up cash for a new home.

Equity

If the seller stands to receive a large amount of cash when they sell the property, they might be willing to negotiate on the offer price.

Interested in learning more?

Status: Active

Tomo last checked: 03/04/2025 at 12:45 AM

Listing updated: 02/14/2025 at 6:14 PM

Listed by: Sara Wells O'Malley, AB & Co Realtors, Inc. Phone #: (443) 275-7188

MLS: Bright #MDGA2008890

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