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$289,900
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Property Description
Welcome to Will O' the Wisp Condominiums, where premium upgrades meet penthouse-level lakefront living at Deep Creek Lake! This fully furnished, beautifully updated, rarely available, top-floor two-level condo features one bedroom and one bath, offering 550 square feet of comfort, charm, and versatility - perfect as a vacation home, year-round retreat, or income-producing rental. Start your mornings with exceptional sunrises from your private lakefront balcony - one of the best views in the building! Inside, you'll find brand-new luxury vinyl plank flooring, updated lighting, and a show-stopping custom staircase, which replaced the outdated spiral design and was so substantial it had to be hoisted into the condo via the roof - a true architectural centerpiece. This penthouse-style unit requires no steps as there's an elevator from the main level to the condo, offering rare convenience and accessibility and offers LVP wood floors, new lighting and soaring ceilings. Currently operating as a successful short-term rental with Railey Vacations under the name "Anchors Away," this property has a proven rental history - offering an immediate opportunity for investment income with an Average Daily Rental of $199.65 and Annual Gross Income Potential of $27k to $35k. Recent mechanical upgrades include a new HVAC system (2025), hot water heater (2024)- all the major updates are already done. The unit also includes covered garage parking, making life easier year-round. Enjoy resort-style amenities including an indoor pool, hot tubs, fitness center, sauna, game room, private sandy beach, dock slip access through the HOA, and a fully serviced front desk for guest support and added security. All of this is just minutes from Wisp Resort, State Parks, and adjoining two fine dining restaurants - the perfect base for four-season fun at the lake.
Full Property Details
Full Property Details for 20160 Garrett Hwy #H708
General
- Price: $289,900
- HOA FEE: $704/month
- Taxes: $2,289 (2024)
- Status: Active
- Type: Condo
- Source: BrightMLSMidAtlantic
- MLS ID: MDGA2009826
- Updated: 12/17/2025
- Added to Site: 234 day(s) ago
Interior
- Rooms/Areas: Living Room, Dining Room, Kitchen, Bedroom 1, Full Bath
- Interior Features: Carpet, Breakfast Area, Ceiling Fan(s), Dining Area, Elevator, Floor Plan - Open, Wood Floors
- Appliances: Dishwasher, Oven/Range - Electric, Refrigerator, Built-In Microwave
- Flooring: Carpet, Ceramic Tile, Wood
Rooms
Bathrooms
- Total Bathrooms: 1
- Full Bathrooms: 1
- Main Floor Baths: 1
- Main - Full Baths: 1
Bedrooms
- Total Bedrooms: 1
- Bedrooms Upper: 1
Additional Information
- Shared Amenities: Beach, Boat Dock/Slip, Elevator, Exercise Room, Fitness Center, Lake, Pool - Indoor, Racquet Ball
- Shared Pool: Yes
- Pool: Yes
Exterior
- Exterior Features: Private Beach, Extensive Hardscape, Exterior Lighting, Stone Retaining Walls
Parking
- Garage: Yes
- Garage Spaces: 1
- Total Spaces: 2
- Parking Type: Parking Garage, Parking Lot
- Garage Description: Underground
Location
- County: GARRETT
- Subdivision: WILL-O-THE WISP
- Driving Directions: Google
- Location Details: Lake
School Information
- School District: Garrett County Public Schools
- Elementary School: Accident
- Middle School: Southern Middle
- High School: Southern Garrett High
Community
- Assoc. Fees Include: Common Area Maintenance, Lawn Maintenance, Pier/Dock Maintenance, Snow Removal
- Pets Allowed: Yes
- Pets: Number Limit
Heating & Cooling
- Central air: Yes
- Cooling Type: Central A/C
- Cooling Fuel: Electric
- Heating Type: Forced Air
- Heating Fuel: Electric
- Water Heater: Electric
Utilities
- Sewer: Public Sewer
- Water: Public
Structural Information
- Architectural Style: Contemporary
- Structure Type: Mid-Rise 5 - 8 Floors
- Construction: Block
- Walls/Ceilings: 2 Story Ceilings, Vaulted Ceilings
- Entry Floor Number: 4
- Stories Description: Main, Upper 1
- Square Feet: 550
- Sq. Ft. Source: Estimated
- Living Area: 550 Sq. Ft.
- Finished Above Grnd: 550 Sq. Ft.
- Year Built: 1972
- Year Built Source: Estimated
Lot Features
- Property View: Lake, Mountain, Trees/Woods
- Zoning: C
Water Features
- Water Front: Yes
- Water View: Yes
- Navigable Water: Yes
- Water Access: Yes
- Water Access Desc: Private Access, Boat - Powered, Canoe/Kayak, Fishing Allowed, Personal Watercraft (PWC), Public Beach, Sail, Waterski/Wakeboard
- Water Front Type: Lake
- Water Front Name: Deep Creek Lake
- Dock/Slip Conveys: Yes
- Docks: 1
Financial Considerations
- Price Per Sq. Ft.: $527.09
- Condo Fee: $704
- Condo Fee Freq: Monthly
- Assessment Year: 2025
- City/TownTax Freq: Annually
- County Tax: $2,289
- County Tax Freq: Annually
- Tax w/Assessment: $214,000
- Tax Amount: $2,289
- Tax Year: 2024
Disclosures and Reports
- Ownership: Condominium
- Condo: Yes
- Lot Number: H 708
Listed by The KW Collective, Charlotte Savoy
Get Pre-Approved Today
Schools
Schools serving 20160 Garrett Hwy #H708
School District:Garrett County Public Schools
| Name | Grades | Distance |
|---|---|---|
Broad Ford Elementary School 607 Harvey Winters Drive, Oakland, MD 21550 | PK-5 | 7.1 mi |
Southern Middle School, Oakland, MD 605 Harvey Winters Drive, Oakland, MD 21550 | 6-8 | 7.1 mi |
Southern Garrett High School 345 Oakland Drive, Oakland, MD 21550 | 9-12 | 8.1 mi |
Disclaimer:
School attendance boundaries provided by Pitney Bowes and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 20160 Garrett Hwy #H708
Date
Details
Price
Change
Source
10/29/2025
Price Reduced
$289,900
-3.37%
MLS
6/19/2025
Listed
$300,000
33.39%
MLS
8/31/2021
Sold
$224,900
—
Public Record
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Tax History
Tax History for 20160 Garrett Hwy #H708
Year
Property Taxes
Change
Tax Assessment
Change
2025
$2,743
5%
$214,000
9%
2024
$2,603
9%
$196,000
10%
2023
$2,382
27%
$178,000
11%
2022
$1,869
6%
$160,000
10%
2020
$1,771
13%
$145,200
26%
2020
$1,570
23%
$115,600
-11%
2017
$1,274
-15%
$130,400
13%
2019
$1,493
-9%
$115,600
—
2018
$1,644
—
$115,600
—
2017
$1,636
—
$115,600
—
2016
$1,636
—
$115,600
—
2015
$1,644
-40%
$115,600
-42%
2014
$2,744
—
$200,000
—
Disclaimer: Historical tax information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Estimate the Cost
Estimate the Cost for 20160 Garrett Hwy #H708
20160 Garrett Highway #H708, Oakland, MD 21550 (MLS# MDGA2009826) is a Condo property with 1 bedroom and 1 full bathroom. 20160 Garrett Highway #H708 is currently listed for $289,900 and was received on June 19, 2025. Want to learn more about 20160 Garrett Highway #H708? Do you have questions about finding other Condo real estate for sale in Oakland? You can browse all Oakland real estate or contact a Coldwell Banker agent to request more information.

