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Sold for $1,350,000 on 09/19/25
  • $1,350,000

    421 Penn Cove Rd, Oakland, MD 21550

    4beds
    4,284sqft
    Single Family Residence
    Built in 1986
    1.04 Acres Lot
    $1,359,300 Zestimate®
    $315/sqft
    $2,862 Estimated rent

    Home value

    $1,359,300

    $1.06M - $1.74M

    $2,862/mo

    Zestimate® history
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    $6,711/mo

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    What's special

    Exquisite Lakefront Log Home Retreat at Deep Creek Lake. Nestled on a private, wooded 1-acre lot with 169 feet of pristine lakefront along a serene cove on the southern end of Deep Creek Lake, this well-maintained log home offers the perfect balance of rustic charm and luxurious lakefront living. From the moment you arrive, the home’s park-like setting and lush landscaping welcome you into a world of tranquility. Step onto the expansive lakeside deck—partially covered for year-round enjoyment—and take in sweeping views of the water, the perfect backdrop for entertaining or peaceful morning coffee. Inside, this spacious 4,284 sq. ft. retreat spans three levels and features 4 bedrooms and 3.5 fully updated baths. The main level primary suite boasts lake views, a walk-in closet, private bath, and direct access to the deck, offering comfort and privacy. Two of the upper-level bedrooms share a beautifully updated bath, both enjoying stunning lake views. The heart of the home includes a grand lakeside great room with panoramic views, and an adjacent billiards room, both with forced-air heat and central A/C—plus a warm and inviting living room with an elegantly finished stone fireplace illuminated by spotlights. The open-concept kitchen features updated appliances, tile countertops, and a counter-height peninsula flowing seamlessly into the dining area, which also walks out to the lakeside deck. The finished walk-out lower level is designed for relaxation and recreation with a family room featuring a wood stove set in a custom stone wall, plus a spacious rec room—all with access to a lakeside patio. A shared three-quarter bath on this level ensures comfort for guests. Boating enthusiasts will appreciate the Type A dock permit, allowing two power boats—ideal for enjoying Deep Creek Lake to the fullest. A two-car attached garage and additional one-car integral garage provide ample storage, with extra driveway space for guests. Whether it’s the intimate indoor details or the unmatched outdoor setting, this one-of-a-kind lakefront home delivers the ultimate Deep Creek Lake experience. Don’t miss this rare opportunity to own a luxurious escape in one of the region’s most peaceful coves. Schedule your private showing today and experience lake living at its finest.

    Zillow last checked: 8 hours ago

    Listing updated: September 19, 2025 at 10:56am

    Listed by:

    Steve Ritchie 301-616-9980,

    Railey Realty, Inc.

    Bought with:

    Dale Carpenter, 534796

    Railey Realty, Inc.

    Source: Bright MLS,MLS#: MDGA2009884MLS Logo

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 4
    • Bathrooms: 4
    • Full bathrooms: 3
    • 1/2 bathrooms: 1
    • Main level bathrooms: 2
    • Main level bedrooms: 1
    Primary bedroom
    • Features: Flooring - Carpet, Cathedral/Vaulted Ceiling, Ceiling Fan(s), Walk-In Closet(s), Attached Bathroom
    • Level: Main
    • Area: 276 Square Feet
    • Dimensions: 23 x 12
    Bedroom 2
    • Features: Flooring - Carpet, Balcony Access, Ceiling Fan(s), Walk-In Closet(s)
    • Level: Upper
    • Area: 140 Square Feet
    • Dimensions: 10 x 14
    Bedroom 3
    • Features: Flooring - Carpet, Ceiling Fan(s), Walk-In Closet(s), Attic - Pull-Down Stairs
    • Level: Upper
    • Area: 120 Square Feet
    • Dimensions: 12 x 10
    Bedroom 4
    • Features: Flooring - Carpet, Skylight(s)
    • Level: Upper
    • Area: 77 Square Feet
    • Dimensions: 11 x 7
    Primary bathroom
    • Features: Bathroom - Walk-In Shower, Flooring - Laminated
    • Level: Main
    • Area: 40 Square Feet
    • Dimensions: 10 x 4
    Bathroom 2
    • Features: Flooring - Laminated
    • Level: Upper
    • Area: 40 Square Feet
    • Dimensions: 10 x 4
    Bathroom 3
    • Features: Flooring - Vinyl
    • Level: Lower
    Dining room
    • Features: Dining Area, Flooring - Laminated
    • Level: Main
    Family room
    • Features: Flooring - Carpet, Wood Stove, Wet Bar
    • Level: Lower
    Game room
    • Features: Flooring - Carpet, Skylight(s)
    • Level: Main
    • Area: 207 Square Feet
    • Dimensions: 23 x 9
    Great room
    • Features: Flooring - Carpet, Cathedral/Vaulted Ceiling, Ceiling Fan(s), Recessed Lighting
    • Level: Main
    • Area: 396 Square Feet
    • Dimensions: 22 x 18
    Half bath
    • Features: Flooring - Vinyl
    • Level: Main
    Kitchen
    • Features: Flooring - Laminated, Countertop(s) - Ceramic, Double Sink, Recessed Lighting
    • Level: Main
    • Area: 160 Square Feet
    • Dimensions: 16 x 10
    Laundry
    • Features: Flooring - Vinyl
    • Level: Lower
    • Area: 64 Square Feet
    • Dimensions: 16 x 4
    Living room
    • Features: Flooring - Carpet, Fireplace - Gas, Ceiling Fan(s), Skylight(s)
    • Level: Main
    • Area: 208 Square Feet
    • Dimensions: 16 x 13
    Recreation room
    • Features: Flooring - Carpet, Skylight(s)
    • Level: Lower
    Heating
    • Forced Air, Wood Stove, Baseboard, Propane, Electric, Wood
    Cooling
    • Central Air, Ceiling Fan(s), Whole House Fan, Window Unit(s), Electric
    Appliances
    • Included: Electric Water Heater
    • Laundry: Laundry Room
    Features
    • Basement: Finished,Heated,Connecting Stairway,Garage Access,Walk-Out Access
    • Number of fireplaces: 1
    • Fireplace features: Gas/Propane, Wood Burning Stove
    Interior area
    • Total structure area: 4,284
    • Total interior livable area: 4,284 sqft
    • Finished area above ground: 2,076
    • Finished area below ground: 2,208

    Property

    Parking
    • Total spaces: 8
    • Parking features: Garage Door Opener, Attached, Driveway
    • Attached garage spaces: 3
    • Uncovered spaces: 5
    Accessibility
    • Accessibility features: None
    Features
    • Levels: Three
    • Stories: 3
    • Pool features: None
    • Has view: Yes
    • View description: Lake
    • Has water view: Yes
    • Water view: Lake
    • Waterfront features: Private Dock Site, Lake, Boat - Powered, Boat - Length Limit, Limited hours of Personal Watercraft Operation (PWC), Private Access, Swimming Allowed, Fishing Allowed, Canoe/Kayak
    • Body of water: Deep Creek Lake
    • Frontage length: Water Frontage Ft: 169
    Lot
    • Size: 1.04 Acres
    • Features: Landscaped, Wooded
    Details
    • Additional structures: Above Grade, Below Grade
    • Parcel number: 1218041006
    • Zoning: LR1
    • Special conditions: Standard

    Construction

    Type & style
    • Home type: SingleFamily
    • Architectural style: Log Home
    • Property subtype: Single Family Residence
    Materials
    • Log, Log Siding, Cedar, Stone
    • Foundation: Block
    Condition
    • New construction: No
    • Year built: 1986

    Utilities & green energy

    • Sewer: Septic = # of BR
    • Water: Well

    Community & neighborhood

    Location
    • Region: Oakland
    • Subdivision: Penn Cove Properties

    HOA & financial

    HOA
    • Has HOA: Yes
    • HOA fee: $70 annually

    Other

    Other facts
    • Listing agreement: Exclusive Right To Sell
    • Ownership: Fee Simple

    Price history

    DateEventPrice
    9/19/2025Sold$1,350,000-6.2%$315/sqft
    Source: Bright MLS #MDGA2009884
    8/20/2025Pending sale$1,439,000$336/sqft
    Source: Bright MLS #MDGA2009884
    8/14/2025Price change$1,439,000-10%$336/sqft
    Source: Bright MLS #MDGA2009884
    7/24/2025Listed for sale$1,599,000$373/sqft
    Source: Bright MLS #MDGA2009884
    7/3/2025Pending sale$1,599,000$373/sqft
    Source: Bright MLS #MDGA2009884

    Public tax history

    YearProperty taxesTax assessment
    2025$14,235 +10.7%$1,254,900 +13.9%
    2024$12,863 +16.2%$1,101,300 +16.2%
    2023$11,069 +19.3%$947,700 +19.3%

    Find assessor info on the county website

    Neighborhood: 21550

    Nearby schools

    GreatSchools rating
    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.

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