1240 Boy Scout Rd, Oakland, MD 21550

An Iconic 50-acre Estate at Deep Creek Lake with a Deeded Boat Slip, Equestrian Amenities and Rental/Event Potential! Introducing "Double Eagle Ranch," a one-of-a-kind property at Deep Creek Lake, offering the perfect blend of luxury, outdoor adventure, and incredible income-producing potential. This 50-acre Aspen style ranch and estate is a true gem for horse lovers, nature enthusiasts, and those seeking a unique opportunity to host events, weddings, or private retreats. With a proven rental history, the property is already established as a sought-after destination, making it a smart investment for someone looking to generate income while enjoying the best of lake and mountain living. The 5-bedroom home is designed with timeless ranch-style elegance, featuring large windows that flood the living spaces with natural light and offer stunning views of the surrounding farm and landscape. The spacious interior includes a stunning gourmet kitchen, multiple living areas, a game room, and a large mudroom with a dog bath—everything you need for comfort and relaxation with so many unique features like hand scraped hardwood floors, commercial grade wi-fi, three fireplaces, custom plaster walls and so much more! But it’s the outdoor spaces that truly make this property extraordinary. Perfect for equestrian enthusiasts, the ranch offers five scenic, fish-stocked ponds, expansive riding rings, and ample fenced pastureland for horses to roam and a heated barn and equipment shed! Multiple RV hookups and plenty of parking are available for guests, making it ideal for hosting large groups or events. The property also features a deeded waterfront parcel with a private brand new dock—perfect for boating, fishing, or simply enjoying the tranquility of Deep Creek Lake. For those looking to gatherings or retreats, this estate offers a spectacular setting, with the pavilion and fire pit area providing an unforgettable backdrop for gatherings. The scenic hiking and riding trails, with their vibrant fall foliage, are perfect for nature walks or a peaceful retreat. Additionally, this property has the potential for further development, with the potential to build 7 additional homes, making it an ideal opportunity for someone interested in creating a private enclave or a luxury residential community. Located just minutes from the heart of Deep Creek Lake, this estate offers endless possibilities as an income-generating property, a private sanctuary, or an extraordinary venue for special gatherings. Whether you’re seeking a retreat for yourself or a business venture with multiple income streams, Double Eagle Ranch is a rare opportunity to own an iconic, multi-faceted property that offers both luxury and income potential. This property consists of the main home and 28.96 acres along with a second parcel that is 18.87 acres along with several outbuildings, barns, sheds and a 2nd dwelling. 50 Year Architectural Shingle Roof '21! Filtered and Oxidized Water! Instant Hot! 250+ Electric! The entire farm is wired for a generator! Septic Expanded and Updated in '22! No expense spared in this home that was built by the current owner and has been lovingly updated and maintained!