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$38,000
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Property Description
****NOW ONLY $38,000!! Discover the perfect blend of space, privacy, and convenience with this 3.03 acre lot, a short drive from downtown Oakland, Deep Creek Lake, Potomac State Forest and Garrett State Forest! With a 5-bedroom perc on file, this property is ready for your dream home. This beautiful property is located in Cherrywood Ridge Subdivision, with only 7 lots in the community. Underground electric in place adds to the list of benefits. Nestled in a peaceful setting, the lot is partly wooded, providing natural beauty while still offering plenty of potential for open space for building. Enjoy the best of both worlds - the tranquility of peaceful living with less than 20 minutes to both Deep Creek and downtown Oakland. Don't miss out - schedule a visit today and start planning your future home! Verify utility questions with Garrett County Environmental Health.
Full Property Details
Full Property Details for Lot 1 Cherrywood Dr
General
- Price: $38,000
- HOA FEE: $8/month
- HOA FEE FREQ.: Annually
- Taxes: $335 (2024)
- Status: Active
- Type: Lots/Land
- Source: BrightMLSMidAtlantic
- MLS ID: MDGA2008810
- Updated: 1/7/2026
- Added to Site: 348 day(s) ago
Location
- County: GARRETT
- Driving Directions: Rt. 135 to Deer Park Hotel Road to right on Fricks Crossing Road. Make right onto Garrett Road, to Cherrywood Drive.
School Information
- School District: Garrett County Public Schools
Community
- Association: Yes
- Assoc. Name: CHERRYWOOD RIDGE
- Assoc. Fees Include: Road Maintenance, Common Area Maintenance
Utilities
- Sewer: No Septic System
- Water: Well Required
Structural Information
- Current Bldg. Use: Vacant
Lot Features
- Property View: Trees/Woods
- Lot Size (Acres): 3.03
- Lot Size (Sq. Ft.): 131,987
- Lot Size Source: Assessor
- Zoning: R
- Lot Description: Partly Wooded
Financial Considerations
- Price Per Sq. Ft.: $.29
- Association Fee: $100
- Assoc Fee Freq.: Annually
- Assessment Year: 2024
- County Tax: $335
- County Tax Freq: Annually
- Tax w/Assessment: $28,667
- Tax Amount: $335
- Tax Year: 2024
Disclosures and Reports
- Ownership: Fee Simple
- Permits: Cost To Obtain
- Perc Type: Approved
- Perc Sites: 1
- Lot Number: 1
Listed by Railey Realty, Inc., Amy Skipper
Get Pre-Approved Today
Price & Sales History for Lot 1 Cherrywood Dr
Date
Details
Price
Change
Source
1/07/2026
Price Reduced
$38,000
-1.3%
MLS
9/10/2025
Price Reduced
$38,500
-8.33%
MLS
2/03/2025
Listed
$42,000
15.86%
MLS
6/30/2023
Sold
$36,250
—
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 Lot 1 Cherrywood Dr
Year
Property Taxes
Change
Tax Assessment
Change
2025
$394
11%
$34,800
15%
2024
$354
18%
$30,267
18%
2023
$301
21%
$25,733
21%
2022
$248
—
$21,200
—
2020
$248
-42%
$21,200
-42%
2020
$425
-18%
$36,400
72%
2017
$518
29%
$21,200
-42%
2019
$401
—
$36,400
—
2018
$401
1%
$36,400
—
2017
$399
—
$36,400
—
2016
$399
—
$36,400
—
2015
$401
—
$36,400
—
2014
$401
—
$36,400
—
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 Lot 1 Cherrywood Dr
Lot 1 Cherrywood Drive, Oakland, MD 21550 (MLS# MDGA2008810) is a Lots/Land property with a lot size of 3.03 acres. Lot 1 Cherrywood Drive is currently listed for $38,000 and was received on February 03, 2025. Want to learn more about Lot 1 Cherrywood Drive? Do you have questions about finding other Lots/Land real estate for sale in Oakland? You can browse all Oakland real estate or contact a Coldwell Banker agent to request more information.

