See Home Value
Garrett 21550
20160 GARRETT HIGHWAY #H708
$260,000
● Condo - Off Market

20160 GARRETT HIGHWAY #H708

OAKLAND, MD 21550
bedrooms
1 Bed
bathrooms
1 Bath
square feet
550 Ft²
$2,319
Est. Monthly
$705
HOA / Fees
2.82%
Cap Rate

About This Property

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find brand-new luxury vinyl plank flooring, updated lighting, and a show-stopping custom staircase, which replaced the outdated spiral design and was so substantial it had to be hoisted into the condo via the roof - a true architectural centerpiece.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.
Unit Size
550 Ft²
Days on Market
-
Land Size
-
Price per sqft
$527
Property Type
Condo
Property Taxes
$191
HOA Dues
$705
Year Built
-

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Last updated: 8 months ago (Bright MLS #MDGA2009826)

Price History

Date / Event Date Event Price
Feb 27, 2026 Sold
Sold
Feb 12, 2026 In contract -
In contract
Oct 31, 2025 Price Decreased $289,900
↓ $10K (3.4%)
Price Decreased
Jun 19, 2025 Listed by The KW Collective $300,000
Listed by The KW Collective
Oct 10, 2021 No longer available -
No longer available
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Property Highlights

Garage
Elevator
Air Conditioning
With View
Parking Details
Has Garage
Garage Spaces: 1
Interior Details
Full Bathrooms: 1
Interior Features: Breakfast Bar, Ceiling Fan(s), Elevator, Carpet, Dining Area, Floor Plan - Open, Wood Floors
Appliances: Dishwasher, Electric Oven, Refrigerator, Microwave
Flooring Type: Carpet, Ceramic Tile, Wood
Exterior Details
Has Property Attached
Square Footage: 550
Square Footage Source: $0
Architectural Style: Contemporary
Year Built Source: Estimated
Year Built: 1972
Waterfront Features: Sandy Beach
Waterbody Name: Deep Creek Lake
Levels: 7
Other Structures: Above Grade, Below Grade
Construction Materials: Block
Tax Lot: H 708
Water Source: Public
Financial Details
Tax Annual Amount: $2,289
Utilities Details
Cooling Type: Central A/C
Heating Type: Forced Air
Sewer : Public Sewer
Location Details
HOA/Condo/Coop Fee Includes: Maintenance Grounds, Snow Removal, Lawn Maintenance, Pier/Dock Maintenance
HOA/Condo/Coop Amenities: Elevator(s), Exercise Course, Fitness Center, Beach, Boat Dock/Slip, Lake, Pool - Indoor, Racquet Ball
Condo/Coop Fee: $705
Condo/Coop Fee Frequency: Monthly

Comparables

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

Past Sales

Date Unit Beds Baths Sqft Price Closed Listed By
20251103 Unit F501701
11/03/2025
3 Bed
2 Bath
1700 ft²
$575,000
bedrooms
3 Bed
bathrooms
2 Bath
square feet
1700 ft²
$540,000 -6.09%
09/10/2026
Kevin Liller
Railey Realty, Inc.
20250714 Unit G509
07/14/2025
2 Bed
1 Bath
640 ft²
$399,900
bedrooms
2 Bed
bathrooms
1 Bath
square feet
640 ft²
$380,000 -4.98%
09/26/2025
Timothy Macauley
Taylor Made Deep Creek Vacations & Sales
20250712 Unit D310
07/12/2025
2 Bed
2 Bath
1379 ft²
$519,000
bedrooms
2 Bed
bathrooms
2 Bath
square feet
1379 ft²
$485,000 -6.55%
09/22/2025
Stephanie Smith
Curtis Real Estate Company
20250619 Unit H708
06/19/2025
1 Bed
1 Bath
550 ft²
$300,000
bedrooms
1 Bed
bathrooms
1 Bath
square feet
550 ft²
$260,000 -13.33%
02/27/2026
Charlotte Savoy
Keller Williams - Ellicott City
20250419 Unit D308408
04/19/2025
2 Bed
2 Bath
1325 ft²
$495,000
bedrooms
2 Bed
bathrooms
2 Bath
square feet
1325 ft²
$450,000 -9.09%
11/10/2025
Richard Orr
Railey Realty, Inc.
20250308 Unit H712
03/08/2025
1 Bed
1 Bath
450 ft²
$339,000
bedrooms
1 Bed
bathrooms
1 Bath
square feet
450 ft²
$339,000
08/01/2025
Larry Smith
Railey Realty, Inc.
20250222 Unit F503
02/22/2025
3 Bed
2 Bath
1700 ft²
$549,000
bedrooms
3 Bed
bathrooms
2 Bath
square feet
1700 ft²
$540,000 -1.64%
03/31/2025
Nick Fratz-Orr
Railey Realty, Inc.
20240912 Unit H709
09/12/2024
1 Bed
1 Bath
550 ft²
$289,000
bedrooms
1 Bed
bathrooms
1 Bath
square feet
550 ft²
$270,000 -6.57%
12/13/2024
Michael Kennedy
Railey Realty, Inc.
20240817 Unit G510
08/17/2024
2 Bed
1 Bath
640 ft²
$399,000
bedrooms
2 Bed
bathrooms
1 Bath
square feet
640 ft²
$399,000
10/25/2024
Nick Fratz-Orr
Railey Realty, Inc.
20240503 Unit H710
05/03/2024
1 Bed
1 Bath
550 ft²
$299,900
bedrooms
1 Bed
bathrooms
1 Bath
square feet
550 ft²
$275,000 -8.30%
07/08/2024
Jonathan Bell
Railey Realty, Inc.
20240328 Unit G506
03/28/2024
2 Bed
1 Bath
640 ft²
$399,000
bedrooms
2 Bed
bathrooms
1 Bath
square feet
640 ft²
$375,000 -6.02%
04/29/2024
Larry Smith
Railey Realty, Inc.
20240326 Unit F502702
03/26/2024
3 Bed
2 Bath
1700 ft²
$549,000
bedrooms
3 Bed
bathrooms
2 Bath
square feet
1700 ft²
$534,000 -2.73%
05/10/2024
Andrew Eiswert
Railey Realty, Inc.
20230524 Unit G509
05/24/2023
2 Bed
1 Bath
640 ft²
$349,000
bedrooms
2 Bed
bathrooms
1 Bath
square feet
640 ft²
$345,000 -1.15%
06/29/2023
Nick Fratz-Orr
Railey Realty, Inc.
20221029 Unit 302B
10/29/2022
1 Bed
1 Bath
-
$269,000
bedrooms
1 Bed
bathrooms
1 Bath
-
-
Susan Bell
Railey Realty, Inc.
20211230 Unit F505
12/30/2021
2 Bed
1 Bath
-
$429,000
bedrooms
2 Bed
bathrooms
1 Bath
-
-
Douglas McClive
Taylor Made Deep Creek Vacations & Sales
20210929 Unit D308408
09/29/2021
2 Bed
2 Bath
1325 ft²
$389,000
bedrooms
2 Bed
bathrooms
2 Bath
square feet
1325 ft²
-
-
Ruth Seib
Railey Realty, Inc.
20210918 Unit A206
09/18/2021
1 Bed
1 Bath
-
$224,900
bedrooms
1 Bed
bathrooms
1 Bath
-
-
Terry Boggs
Railey Realty, Inc.
20210603 Unit H708
06/03/2021
1 Bed
1 Bath
-
$224,900
bedrooms
1 Bed
bathrooms
1 Bath
$224,900
09/10/2021
Kevin Liller
Railey Realty, Inc.
20210408 Unit F502702
04/08/2021
3 Bed
2 Bath
-
$459,000
bedrooms
3 Bed
bathrooms
2 Bath
-
-
Andrew Eiswert
Railey Realty, Inc.
20201106 Unit 712H
11/06/2020
1 Bed
1 Bath
450 ft²
$169,000
bedrooms
1 Bed
bathrooms
1 Bath
square feet
450 ft²
-
-
-
20201030 Unit 301D
10/30/2020
2 Bed
2 Bath
870 ft²
$287,500
bedrooms
2 Bed
bathrooms
2 Bath
square feet
870 ft²
-
-
-
20191218 Unit 203A
12/18/2019
1 Bed
1 Bath
600 ft²
$149,000
bedrooms
1 Bed
bathrooms
1 Bath
square feet
600 ft²
-
-
-
20191109 Unit 201B
11/09/2019
1 Bed
1 Bath
-
$235,000
bedrooms
1 Bed
bathrooms
1 Bath
-
-
-
20190917 Unit 709H
09/17/2019
1 Bed
1 Bath
-
$180,000
bedrooms
1 Bed
bathrooms
1 Bath
-
-
-
20190617 Unit 514C
06/17/2019
1 Bed
1 Bath
-
$162,000
bedrooms
1 Bed
bathrooms
1 Bath
-
-
-
20180909 Unit 511G
09/09/2018
2 Bed
1 Bath
983 ft²
-
bedrooms
2 Bed
bathrooms
1 Bath
square feet
983 ft²
-
-
-
20180821 Unit 303403
08/21/2018
2 Bed
2 Bath
-
-
bedrooms
2 Bed
bathrooms
2 Bath
-
-
-
20180727 Unit 306C
07/27/2018
1 Bed
1 Bath
1070 ft²
-
bedrooms
1 Bed
bathrooms
1 Bath
square feet
1070 ft²
-
-
-
20180630 Unit 504704
06/30/2018
3 Bed
2 Bath
1621 ft²
-
bedrooms
3 Bed
bathrooms
2 Bath
square feet
1621 ft²
-
-
-
20170726 Unit 706H
07/26/2017
1 Bed
1 Bath
-
$180,000
bedrooms
1 Bed
bathrooms
1 Bath
$180,000
08/10/2017
NON MEMBER
Non Subscribing Office
20170713 Unit 506G
07/13/2017
2 Bed
1 Bath
-
$167,500
bedrooms
2 Bed
bathrooms
1 Bath
$156,000 -6.87%
03/30/2018
Carol Wills
Railey Realty, Inc.

Building Info

20160 Garrett Highway 20160 Garrett Highway, Oakland, MD 21550
  • 3 Units for Sale
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20160 Garrett Highway
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