Welcome to Double Eagle Ranch — quite possibly the most beautiful property in Garrett County. This iconic 50-acre estate is set in the heart of Deep Creek Lake and includes its own deeded waterfront parcel with a brand-new dock, giving you private lake access just minutes from the property. Rarely does an offering combine such incredible privacy, natural beauty, and income-producing potential in one place. The estate features two remarkable homes with a proven rental history generating over $120,000 annually in gross income. The main Aspen-style residence was thoughtfully crafted by the current owners with timeless details such as hand-scraped hardwood floors, plaster walls, three fireplaces, and expansive windows that frame breathtaking views. The home includes five bedrooms, multiple gathering spaces, a gourmet kitchen, a game room, and a spacious mudroom with a dog wash station — all designed for comfort and entertaining. A second dwelling, known as The Bunkhouse, provides an additional income stream or the perfect setup for multi-generational living, guests, or retreats. Together, the two homes create a turn-key opportunity to generate income that can significantly offset ownership costs while still enjoying the privacy and beauty of this extraordinary estate. The land itself is nothing short of spectacular. Rolling fields, wooded trails, and five stocked fishing ponds create a landscape that is both usable and serene. The property also includes multiple barns and outbuildings, RV hookups, and ample parking, making it ideal for hosting events, weddings, or retreats. For the visionary buyer, the investment potential extends even further: the property spans two parcels totaling nearly 50 acres, with the possibility to develop up to seven additional homes. Double Eagle Ranch is more than a home — it’s an opportunity. Whether you envision it as a private retreat, a family compound, or an income-generating estate with multiple streams of revenue, this property offers the best of both worlds: acres of privacy and beauty, plus the financial upside of established rental history and future development potential. With unmatched natural beauty, prime lake access, and a proven income model, this is a once-in-a-lifetime chance to own one of Deep Creek Lake’s most iconic legacy properties. 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!
For sale
Price cut: $140K (12/26)
$4,250,000
1240 Boy Scout Rd, Oakland, MD 21550
7beds
5,695sqft
Est.:
Single Family Residence
Built in 1996
47.83 Acres Lot
$-- Zestimate®
$746/sqft
$-- HOA
What's special
Three fireplacesWooded trailsPlaster wallsFive stocked fishing pondsGame roomRv hookupsHand-scraped hardwood floors
- 391 days |
- 720 |
- 18 |
Zillow last checked: 8 hours ago
Listing updated: December 26, 2025 at 07:28am
Listed by:
Charlotte Savoy 443-212-8969,
The KW Collective 4435741600,
Listing Team: The Savoy Team At The Kw Collective
Source: Bright MLS,MLS#: MDGA2008536
Tour with a local agent
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 7
- Bathrooms: 7
- Full bathrooms: 5
- 1/2 bathrooms: 2
- Main level bathrooms: 7
- Main level bedrooms: 7
Basement
- Area: 0
Heating
- Heat Pump, Electric, Propane
Cooling
- Central Air, Ceiling Fan(s), Electric
Appliances
- Included: Microwave, Cooktop, Dishwasher, Disposal, Dryer, Exhaust Fan, Oven, Refrigerator, Stainless Steel Appliance(s), Washer, Water Treat System, Instant Hot Water, Water Heater
- Laundry: Main Level
Features
- Attic, Soaking Tub, Bathroom - Walk-In Shower, Breakfast Area, Built-in Features, Ceiling Fan(s), Dining Area, Efficiency, Entry Level Bedroom, Exposed Beams, Family Room Off Kitchen, Formal/Separate Dining Room, Kitchen - Gourmet, Kitchen Island, Primary Bath(s), Recessed Lighting, Upgraded Countertops, Walk-In Closet(s), 2 Story Ceilings, 9'+ Ceilings, Beamed Ceilings, Cathedral Ceiling(s), Plaster Walls, Vaulted Ceiling(s), Wood Ceilings, Wood Walls
- Flooring: Carpet, Ceramic Tile, Hardwood, Tile/Brick, Wood
- Doors: Six Panel
- Has basement: No
- Number of fireplaces: 3
Interior area
- Total structure area: 5,695
- Total interior livable area: 5,695 sqft
- Finished area above ground: 5,695
- Finished area below ground: 0
Video & virtual tour
Property
Parking
- Total spaces: 26
- Parking features: Storage, Covered, Garage Faces Front, Oversized, Attached, Detached, Driveway
- Attached garage spaces: 6
- Uncovered spaces: 20
Accessibility
- Accessibility features: None
Features
- Levels: Three
- Stories: 3
- Patio & porch: Deck, Patio, Porch
- Exterior features: Extensive Hardscape, Storage, Stone Retaining Walls, Lighting
- Pool features: None
- Has spa: Yes
- Spa features: Bath, Hot Tub
- Fencing: Wood,Full,Partial
- Has view: Yes
- View description: Mountain(s), Panoramic, Pasture, Pond, Scenic Vista, Trees/Woods
- Has water view: Yes
- Water view: Pond
- Waterfront features: Lake
- Body of water: Deep Creek Lake
- Frontage type: Road Frontage
Lot
- Size: 47.83 Acres
- Features: Additional Lot(s), Backs to Trees, Fishing Available, Landscaped, Pond, Premium, Private, Subdivision Possible
Details
- Additional structures: Above Grade, Below Grade, Outbuilding
- Additional parcels included: two lots are included totaling 47.83 acres.
- Parcel number: 1218063956
- Zoning: RESIDENTIAL, AGRICULTURAL
- Special conditions: Standard
- Horses can be raised: Yes
- Horse amenities: Arena, Riding Trail, Horses Allowed, Riding Ring, Stable(s), Paddocks
Construction
Type & style
- Home type: SingleFamily
- Architectural style: Ranch/Rambler,Cabin/Lodge,Chalet,Craftsman,Colonial
- Property subtype: Single Family Residence
Materials
- Frame
- Foundation: Crawl Space
- Roof: Architectural Shingle
Condition
- New construction: No
- Year built: 1996
Utilities & green energy
- Sewer: Septic Exists
- Water: Well
Community & HOA
Community
- Subdivision: Deep Creek Lake
HOA
- Has HOA: No
- Amenities included: Boat Dock/Slip
- Services included: Pier/Dock Maintenance
Location
- Region: Oakland
Financial & listing details
- Price per square foot: $746/sqft
- Tax assessed value: $964,567
- Annual tax amount: $11,266
- Date on market: 12/11/2024
- Listing agreement: Exclusive Right To Sell
- Ownership: Fee Simple
Estimated market value
Not available
Estimated sales range
Not available
$3,135/mo
Price history
Price history
| Date | Event | Price |
|---|---|---|
| 12/26/2025 | Price change | $4,250,000-3.2%$746/sqft |
Source:  Bright MLS #MDGA2008536 Report a problem | ||
| 9/9/2025 | Price change | $4,390,000-1.3%$771/sqft |
Source: Bright MLS #MDGA2008536 Report a problem | ||
| 6/20/2025 | Price change | $4,450,000-6.3%$781/sqft |
Source: Bright MLS #MDGA2008536 Report a problem | ||
| 12/11/2024 | Listed for sale | $4,750,000+8536.4%$834/sqft |
Source: Bright MLS #MDGA2008536 Report a problem | ||
| 7/25/1995 | Sold | $55,000$10/sqft |
Source: Public Record Report a problem | ||
Public tax history
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $12,473 +10.7% | $1,099,200 +14% |
| 2024 | $11,266 +16.2% | $964,567 +16.2% |
| 2023 | $9,694 +19.4% | $829,933 +19.4% |
Find assessor info on the county website
BuyAbility℠ payment
Est. payment
$20,908/mo
Principal & interest
$16480
Property taxes
$2940
Home insurance
$1488
Climate risks
Neighborhood: 21550
Nearby schools
GreatSchools rating
- 4/10Broad Ford Elementary SchoolGrades: PK-5Distance: 5.4 mi
- 5/10Southern Middle SchoolGrades: 6-8Distance: 5.5 mi
- 5/10Southern Garrett High SchoolGrades: 9-12Distance: 6.4 mi
Schools provided by the listing agent
- District: Garrett County Public Schools
Source: Bright MLS. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.
- Loading
- Loading
