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Garrett 21561
105 MONASTERY WAY
$1,385,000
● House - For Sale

105 MONASTERY WAY

SWANTON, MD 21561
bedrooms
10 Beds
bathrooms
10 Baths
square feet
3,309 Ft²
$7,588
Est. Monthly
$120
HOA / Fees

About This Property

Iconic Lake Access Lodge at Carmel Cove – This one-of-a-kind property at Deep Creek Lake has 10 Primary Suites with an additional 2Bed/2Bath owner's apartment on the lower level. Privately tucked away on 2 Acres of mature wooded land, you get the secluded feel of a personal mountain retreat with all the comforts of home! Featuring a massive great room with vaulted ceilings, timber accents, and an abundance of natural light. Fully renovated modern kitchen with granite tops, stainless appliances, and butcher block island bar. Breakfast nook on the way to the dining hall with its own stacked stone fireplace, coffee bar, and a wall of glass to let in the surrounding natural beauty. Covered porch off the main living area with private space on the wrap-around deck for each of the main level suites. The peaceful wooded setting for the bonfire pit. The convenient path down to your assigned Dock Slip is right next to the swimming platform in a no-wake cove. A well-established vacation rental, "Carmel Cove" has consistently averaged $100K+ annual rental income (between $100k-$140k over the last four years)! The sky is the limit for any future owner of this phenomenal lake access estate.  Call today for details!
Unit Size
3,309 Ft²
Days on Market
-
Land Size
2.01 acres
Price per sqft
$419
Property Type
House
Property Taxes
$667
HOA Dues
$120
Year Built
1991

Listed By

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Last updated: 22 days ago (Bright MLS #MDGA2011476)

Price History

Date / Event Date Event Price
Apr 2, 2026 Listed by Railey Realty, Inc. $1,385,000
Listed by Railey Realty, Inc.
Jul 14, 2025 Price Decreased $1,485,000
↓ $100K (6.3%)
Price Decreased
May 13, 2025 Listed $1,585,000
Listed
Iconic Lake Access Lodge at Carmel Cove – This one-of-a-kind property at Deep Creek Lake has 10 Primary Suites with an additional 2Bed/2Bath owner’s apartment on the lower level. Privately tucked away on 2 Acres of mature wooded land, you get the secluded feel of a personal mountain retreat with all the comforts of home! Featuring a massive great room with vaulted ceilings, timber accents, and an abundance of natural light. Fully renovated modern kitchen with granite tops, stainless appliances, and butcher block island bar. Breakfast nook on the way to the dining hall with its own stacked stone fireplace, coffee bar, and a wall of glass to let in the surrounding natural beauty. Covered porch off the main living area with private space on the wrap-around deck for each of the main level suites. The peaceful wooded setting for the bonfire pit. The convenient path down to your assigned Dock Slip is right next to the swimming platform in a no-wake cove. A well-established vacation rental, “Carmel Cove” has consistently averaged $100K+ annual rental income (between $100k-$140k over the last four years)! The sky is the limit for any future owner of this phenomenal lake access estate. Call today for details!
Jun 13, 1994 Sold
Sold

Property Highlights

Air Conditioning
Parking Details
Parking Features: Driveway, Parking Lot
Interior Details
Full Bathrooms: 10
Interior Features: Ceiling Fan(s), Carpet, Window Treatments
Appliances: Dryer, Washer, Dishwasher, Humidifier, Microwave, Refrigerator, Ice Maker, Stove, Oven - Wall
Basement: Other
Exterior Details
Square Footage: 3309
Square Footage Source: $0
Architectural Style: Cabin
Year Built Source: Assessor
Year Built: 1991
Waterbody Name: Deep Creek Lake
Levels: 2
Other Structures: Above Grade, Below Grade
Construction Materials: Cedar
Lot Size Area: 87556
Lot Size Units: Square Feet
Lot Size Acres: 2.01
Lot Size Square Feet: 87556
Water Source: Public
Financial Details
Tax Assessed Value: $807,567
Tax Annual Amount: $8,006
Utilities Details
Cooling Type: Ceiling Fan(s), Central Air
Heating Type: Forced Air
Sewer : Septic < # of BR
Location Details
HOA Fee: $1,441
HOA Fee Frequency: Annually

Building Info

Overview

    General

  • Year Built: 1991
  • Effective Year Built: 1991
  • Bedroom Count: 0
  • Building Condition: 3
  • Building Quality: 7
  • Construction Type: 0
  • Building Style: 0
  • Exterior Walls Type: 17
  • Interior Walls Type: 0
  • Roof Shape Type: 0
  • Roof Cover Type: 0
  • Floor Count: 100
  • Living Units: 1
  • Floor Cover: 0
  • Basement Type: 9
  • Basement Area: 2,473
  • Garage Type: 0
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 7
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 87,556
  • Total Building Area: 3,309
  • Gross Building Area: 3,309
  • Building Area: 3,309
  • Building Area Measurement: T

    Heating and Cooling

  • Air Conditioning: 13
  • Heating: 4
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 5
  • Water Service: 0

Building

  • Building Type: 4
  • Property Class: C
  • Subdivision: CARMEL COVE
  • Land Acres: 0000002010
  • Standard Land Use Code: 2033
  • County Land Use Code: B112
  • Legal Description 1: 2.01 AC LOT 1B CARMEL COVE LEGACY HOME CORP

Neighborhood

  • School District Name: Garrett County Public Schools
  • Census Tract: 000501

Geography

  • Assessors Map Reference: 59 7 540
  • Account Number: 062348
  • District: 18
  • Parcel: 18-062348
  • Lot: 1B
  • Latitude: 39.5114
  • Longitude: -79.2911

    Address

  • Full Address: 105 Monastery Way
  • Address - House Number: 105
  • Address - Street Name: Monastery
  • Address - Suffix Type: Way
  • State: MD
  • City Name: Swanton
  • Carrier Code: R002
  • 4-Digit Zip Code: 2522
  • Zip Code: 21561

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $740,512

    Market Valuation

  • Market Total Value: $707,200
  • Market Land Value: $130,400
  • Market Improvement Value: $576,800

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $634,000

    Sales

  • Current Sale Recording Date: Jun 02, 1999
  • Current Sale Document Type: 27
  • Current Sale Input Document Number: 990771
  • Previous Sale Recording Date: Jun 13, 1994
  • Previous Sale Amount: $271,000
  • Previous Sale Document Type: 27
Data used for valuation calculations is provided by RealtyHop, and other third party sources

Comparables

Unit
Status
Type
Beds
Baths
ft²
Price/ft²
Asking Price
Listed On
Closing Price
Sold On
HOA + Taxes

About Garrett


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Frequently Asked Questions

When was property at 105 Monastery Way built and last sold?
The property at 105 Monastery Way was built in 1991 and last sold on Jan 1, 1970 for $0.
How much is this home worth?
The estimated value of the home located at 105 Monastery Way is $1,398,850.
What are some comparable homes to 105 Monastery Way?
There are currently no comparable homes to 105 Monastery Way.