202 Penelacre Lane, Oakland, MD 21550 - Photo 1

1/1

$975,000

Sold
Closed
Single Family
3 Beds
2 Full Baths
1,648 Sq. Ft.
2 Car Garage

1/1

Property Description

Welcome to 202 Penelacre Lane - a rare opportunity to own 97 feet of serene lakefront on one of Deep Creek Lake's most sought-after roads. Nestled on a flat, easily accessible lot, this 3-bedroom, 2-bathroom home offers effortless one-level living and a front-row seat to Western Maryland's four-season beauty along with a Type-A dock permit. Inside, you'll find a spacious open-concept kitchen, dining, and family room area that's perfect for entertaining or cozy nights in. Wake up to the peaceful sounds from the lake with your private lakefront sunroom - an ideal spot for your morning coffee or a relaxing evening with friends. A detached two-car garage adds convenience and storage, especially during the snowy winters. And with public sewer in place, this property is ripe with expansion potential - whether you're dreaming of a larger home or a modern renovation. Located in the heart of the Deep Creek Lake watershed, you'll be just minutes from Wisp Resort for skiing and snowboarding, the ASCI whitewater course, and the championship Lodestone Golf Course. Whether you're looking for a peaceful weekend getaway or a full-time lakefront lifestyle, 202 Penelacre Lane offers unmatched location, comfort, and potential. Don't miss your chance to own a slice of Deep Creek Lake paradise.

Full Property Details

Full Property Details for 202 Penelacre Ln

General

Sold For: $975,000
Taxes: $7,734 (2025)
Status: Closed
Type: Single Family
Source: BrightMLSMidAtlantic
MLS ID: MDGA2010458
Added to Site: 117 day(s) ago

Interior

Fireplace: Yes
Number of Fireplaces: 1
Fireplace(s): Free Standing

Rooms

Bathrooms

Total Bathrooms: 2
Full Bathrooms: 2
Main Floor Baths: 2
Main - Full Baths: 2

Bedrooms

Total Bedrooms: 3
Bedrooms Main & Up: 3

Exterior

Exterior Features: Hot Tub

Parking

Garage: Yes
Garage Spaces: 2
Total Spaces: 6
Parking Type: Detached Garage, Driveway
Garage Description: Garage - Front Entry

Location

County: GARRETT
Subdivision: PENELACRES
Driving Directions: From McHenry follow Sang Run to LEFT on Marsh Hill Rd. RIGHT onto Overlook Pass. LEFT onto Wisp Mountain Rd. RIGHT onto Shingle Camp Rd. LEFT onto Oakland Sang Run Rd. LEFT onto Stockslager Rd. RIGHT onto Penelacre Rd to 202 on RIGHT.
Location Details: Lake

School Information

School District: Garrett County Public Schools

Heating & Cooling

Cooling Type: Ceiling Fan(s)
Cooling Fuel: Electric
Heating Type: Baseboard - Electric, Other
Heating Fuel: Electric, Propane - Leased
Water Heater: Electric

Utilities

Sewer: Public Sewer
Water: Public, Well

Structural Information

Architectural Style: Bungalow
Structure Type: Detached
Construction: Frame
Foundation: Crawl Space
Roof: Shingle
Stories Description: Main
Square Feet: 1,648
Sq. Ft. Source: Assessor
Living Area: 1,648 Sq. Ft.
Finished Above Grnd: 1,648 Sq. Ft.
Year Built: 1985
Year Built Source: Estimated
Property Condition: Very Good

Lot Features

Property View: Lake, Mountain
Lot Size (Acres): 0.48
Lot Size (Sq. Ft.): 20,908
Lot Size Source: Estimated
Zoning: R
Lot Description: Trees/Wooded

Water Features

Water Front: Yes
Water View: Yes
Navigable Water: Yes
Water Access: Yes
Water Access Desc: Boat - Length Limit, Boat - Powered, Canoe/Kayak, Fishing Allowed, Limited hours of Personal Watercraft Operation (PWC), Swimming Allowed, Waterski/Wakeboard
Water Front Type: Lake
Water Front Name: Deep Creek Lake
Dock/Slip Conveys: Yes
Docks: 1
Power Boats: 2
Non-Power Boats: 1

Financial Considerations

Price Per Sq. Ft.: $727.55
County Tax: $7,734
County Tax Freq: Annually
Tax w/Assessment: $736,700
Tax Amount: $7,734
Tax Year: 2025
Terms: Standard Sale
Tax Total Finished Sq. Ft.: 1648

Disclosures and Reports

Ownership: Fee Simple
Lot Number: 15

Listed by Railey Realty, Inc., Justin D Liller
Sold by Railey Realty, Inc., Nina A Beitzel

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Listing agent

— 202 Penelacre Ln —

Justin D Liller

Railey Realty, Inc.

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Schools

Schools serving 202 Penelacre Ln

School District:Garrett County Public Schools

Name	Grades	Distance
Broad Ford Elementary School 607 Harvey Winters Drive, Oakland, MD 21550	PK-5	7 mi
Southern Middle School, Oakland, MD 605 Harvey Winters Drive, Oakland, MD 21550	6-8	7 mi
Southern Garrett High School 345 Oakland Drive, Oakland, MD 21550	9-12	7.8 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 202 Penelacre Ln

Date

Details

Price

Change

Source

11/24/2025

Sold

$975,000

-18.68%

MLS

9/22/2025

Listed

$1,199,000

—

MLS

Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.

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Just Listed

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Lots/Land
Active
Updated 3 days ago

0.96
Acres

Listed by Taylor Made Deep Creek Vacations & Sales, Laura C Newhall

18 Frederick Cir, Swanton, MD 21561 - Photo 1

Just Listed

$595,000

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Single Family
Active
Updated 1 day ago

3
Beds
2
Total Baths
2,688
Sq. Ft.

Listed by Taylor Made Deep Creek Vacations & Sales, Elizabeth S Spiker Holcomb

72 Sundance Way, Mc Henry, MD 21541 - Photo 1

Just Listed

$104,000

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Lots/Land
Active
Updated 2 days ago

0.89
Acres

Listed by Railey Realty, Inc., Michael Fenton

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Just Listed

$1,150,000

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Single Family
Active
Updated 1 day ago

5
Beds
6
Total Baths
3,594
Sq. Ft.

Listed by Taylor Made Deep Creek Vacations & Sales, Elizabeth S Spiker Holcomb

Tbd Chidester Rd, Terra Alta, WV 26764 - Photo 1

Price Reduced

-$350,000 (-15.56%)

$1,900,000

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Farm
Active
Updated 4 days ago

Listed by Railey WV Properties, James Carl Galusky

870 N Camp Rd, Mc Henry, MD 21541 - Photo 1

Price Reduced

-$10,000 (-1.03%)

$965,000

870 N Camp Rd Mc Henry, MD 21541

Single Family
Active
Updated 16 hours ago

6
Beds
4
Total Baths
3,220
Sq. Ft.

Listed by Railey Realty, Inc., Coelian M Green and Railey Realty, Inc., Elizabeth Anne Ware

385 N Camp Rd, Mc Henry, MD 21541 - Photo 1

Price Reduced

-$15,000 (-10.72%)

$124,900

385 N Camp Rd Mc Henry, MD 21541

Lots/Land
Active
Updated 1 day ago

0.46
Acres

Listed by Railey Realty, Inc., Kathy L Gibson

Lot 12 Phase 4 Marsh Hill Rd, Mc Henry, MD 21541 - Photo 1

Price Reduced

-$50,000 (-5.27%)

$899,000

Lot 12 Phase 4 Marsh Hill Rd Mc Henry, MD 21541

Lots/Land
Active
Updated 2 days ago

1.35
Acres

Listed by Taylor Made Deep Creek Vacations & Sales, James Calvin Matthews

150 Greenbrier Dr, Mc Henry, MD 21541 - Photo 1

Sold

$875,000

150 Greenbrier Dr Mc Henry, MD 21541

Single Family
Closed

5
Beds
6
Total Baths
4,488
Sq. Ft.

Listed by Taylor Made Deep Creek Vacations & Sales, Jay L Ferguson
Sold by HomeSmart, Bradley West

360 Biltmore Vw, Mc Henry, MD 21541 - Photo 1

Sold

$985,000

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Single Family
Closed

5
Beds
4
Total Baths
3,756
Sq. Ft.

Listed by Railey Realty, Inc., Justin D Liller
Sold by HomeSmart, Bradley West

267 Woodlands Hill Ln, Oakland, MD 21550 - Photo 1

Sold

$975,000

267 Woodlands Hill Ln Oakland, MD 21550

Single Family
Closed

4
Beds
4
Total Baths
2,232
Sq. Ft.

Listed by Railey Realty, Inc., Nick Fratz-Orr
Sold by Railey Realty, Inc., Nina A Beitzel

635 Biltmore Rdg Trl, Mc Henry, MD 21541 - Photo 1

Sold

$1,010,000

635 Biltmore Rdg Trl Mc Henry, MD 21541

Single Family
Closed
Updated 7 days ago

5
Beds
5
Total Baths
4,538
Sq. Ft.

Listed by EXP Realty, LLC, Edward Michaurd Bass
Sold by Railey Realty, Inc., Jessica Elizabeth Railey

202 Penelacre Lane, Oakland, MD 21550 (MLS# MDGA2010458) is a Single Family property that was sold at $975,000 on November 24, 2025. Want to learn more about 202 Penelacre Lane? Do you have questions about finding other Single Family real estate for sale in Oakland? You can browse all Oakland real estate or contact a Coldwell Banker agent to request more information.

202 Penelacre Ln Oakland, MD 21550