When was property at 320 Lake Forest Drive built and last sold?

The property at 320 Lake Forest Drive was built in 1997 and last sold on Nov 17, 2023 for $2,750,000.

How much is this home worth?

The estimated value of the home located at 320 Lake Forest Drive is $0.

What are some comparable homes to 320 Lake Forest Drive?

There are currently no comparable homes to 320 Lake Forest Drive.

Garrett

21550

320 LAKE FOREST DR

$2,750,000

● House - Off Market

320 LAKE FOREST DR

OAKLAND, MD 21550

6 Beds

5 Baths, 1 Half Bath

2,363 Ft²

$2,890,000

RealtyHop Estimate

0.00%

Since Dec 1, 2023

National-US

Primary Model

About This Property

Spectacular views from this pristine lakefront home on the shores of Deep Creek Lake. This 6 bedroom 4.5 bathroom home has it all! From the large game room including shuffleboard, pool table and ping pong...to the comfortable and relaxing Great Room with a wood burning fireplace...there is something for everyone. The gourmet kitchen has been recently updated with all top of the line appliances. The level lakefront lot with expansive views is certainly a one-of-a-kind on Deep Creek Lake and extremely hard to come by. Lake Forest Estates is a coveted community on the lake and is extremely peaceful. The recently built seawall, Type A dock and fire pit make for a wonderful lake side afternoon or evening. This property could be your full time residence, weekend getaway or income producing vacation rental. A rare find on Deep Creek Lake!

Unit Size

2,363 Ft²

Days on Market

Land Size

0.29 acres

Price per sqft

$1,223

Property Type

House

Property Taxes

$856

HOA Dues

Year Built

1997

Payment Calculator

Cap Rate Calculator

Last updated: 3 years ago (Bright MLS #MDGA2005464)

Price History

Date / Event	Date	Event
Nov 21, 2023	Sold	Premium
Sold
Nov 6, 2023	In contract	-
In contract
Jul 17, 2023	Listed by Railey Realty, Inc.	$2,890,000
Listed by Railey Realty, Inc.
Jul 14, 2023	Sold	Premium
Sold
Apr 8, 2023	In contract	-
In contract
Apr 6, 2023	Listed by Railey Realty, Inc.	$2,699,000
Listed by Railey Realty, Inc.
Jul 7, 2021	Sold	Premium
Sold
Dec 5, 2018	No longer available	-
No longer available
May 3, 2018	Listed	$1,650,000
Listed

	Enjoy unobstructed lake views from most every room in this immaculate contemporary on an uncommonly level lot. ~Stoney Point~ is an established rental. Kitchen with granite counters, double appliances & lots of storage. A private dock, smart home system, radiant floor heat, deck w/ retractable awning & an outdoor hot tub are noteworthy features. Lovingly cared for with many updates inside & out. The manager has listed the unit size as 3200 square feet.
May 30, 2006	Sold	Premium
Sold
Jan 23, 1995	Sold	Premium
Sold

Property Highlights

Garage

Air Conditioning

Fireplace

Building Info

Overview

General

Year Built: 1997

Effective Year Built: 1997
Bedroom Count: 0
Bathroom Count: 5
Full Bathrooms: 4
Partial Bathrooms: 5
Building Condition: 3
Building Quality: 11
Construction Type: 6
Building Style: 15
Exterior Walls Type: 0
Interior Walls Type: 0
Roof Shape Type: 0
Roof Cover Type: 3
Floor Count: 150
Living Units: 1
Floor Cover: 0
Basement Type: 5
Basement Area: 0
Garage Type: 1
Garage Square Area: 506
Parking Space Count: 2
Patio Type: 0
Porch Type: 7
Pool Type: 0
Location Influence Type: 23

Dimensions

Lot Size Square Feet: 12,573

Total Building Area: 2,363
Gross Building Area: 2,363
Building Area: 2,363
Building Area Measurement: T

Heating and Cooling

Fireplace Count: 1

Air Conditioning: 0
Heating: 1
Heated Square Feet: 2,363
Heating Fuel Type: 0

Utilities

Sewer System: 5

Water Service: 0

Building

Building Type: 0

Property Class: R
Subdivision: RED RUN
Land Acres: 0000000289
Standard Land Use Code: 1001
County Land Use Code: R-B001
Legal Description 1: 12573 SQ FT W/107.57 LT 7 PT 8 LAKE FOREST TR RED RUN D C L

Neighborhood

School District Name: Garrett County Public Schools

Census Tract: 000502

Zoning

Zoning: R

Geography

Assessors Map Reference: 57 11 189

Account Number: 029596
District: 18
Parcel: 18-029596
Lot: 7
Latitude: 39.5065
Longitude: -79.3781

Address

Full Address: 320 Lake Forest Dr

Address - House Number: 320
Address - Street Name: Lake Forest
Address - Suffix Type: Dr
State: MD
City Name: Oakland
Carrier Code: R006
4-Digit Zip Code: 7752
Zip Code: 21550

Valuation

Tax

Tax Year: 2023

Tax Amount: $1,474,458

Appraisal Valuation

Standard Deviation: 0.2491

Valuation Date: Nov 22, 2023
Confidence Score: 64
Final Value: 2,623,978
High Value: 3,277,800
Low Value: 1,970,156

Market Valuation

Market Total Value: $1,927,400

Market Land Value: $452,700
Market Improvement Value: $1,474,700

Assessments Valuation

Assessed Year: 2023

Assessed Total Value: $1,191,000

Sales

Current Sale Contract Date: Nov 17, 2023

Current Sale Recording Date: Nov 21, 2023
Current Sale Price:

Premium
Current Sale Document Type: 27
Previous Sale Recording Date: Jul 14, 2023
Previous Sale Contract Date: Jun 28, 2023
Previous Sale Amount: $2,650,000
Previous Sale Document Type: 27

Previous Mortgages

Previous Mortgage Lender:

Premium

Previous Mortgage Transaction Date:

Premium
Previous Mortgage Financing Type:

Premium
Previous Mortgage Loan Amount:

Premium
Previous Mortgage Term:

Premium
Previous Mortgage Loan Type:

Premium
Previous Mortgage Loan Due Date:

Premium

Data used for valuation calculations is provided by RealtyHop, and other third party sources

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Comparables

About Garrett

Stats & Trends

Median Asking:

$450,000

Sale Price/ft²

$257

Below Asking

0.04%

Average Days on Market

Average Home Size

2452 ft²

Average Home Age

36.4 years

Currently For Sale

298 Listings

Based on RH Advisors, Inc. calculations of home data from MLS and/or public records.

Similar Homes for Sale

Currently no similar homes around

Nearby Rentals

Unit for rent at 285 Lakeshore Drive, OAKLAND, MD, 21550

$4,285 /mo

5 Beds
4 Baths
2,593 ft²

285 Lakeshore Drive, OAKLAND, MD, 21550 Listing by Terring H Wang

Rentals Near You

Click here to view more rentals in the neighborhood.

Listed by: Lauren McCann
Railey Realty, Inc.
Last Updated: 9 hours ago
Data Source: Bright MLS , MLS# MDGA2005464

The data relating to real estate for sale on this website appears in part through the BRIGHT Internet Data Exchange program, a voluntary cooperative exchange of property listing data between licensed real estate brokerage firms, and is provided by BRIGHT through a licensing agreement. Listing information is from various brokers who participate in the Bright MLS IDX program and not all listings may be visible on the site. The property information being provided on or through the website is for the personal, non-commercial use of consumers and such information may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Some properties which appear for sale on the website may no longer be available because they are for instance, under contract, sold or are no longer being offered for sale. Property information displayed is deemed reliable but is not guaranteed. Copyright 2026 Bright MLS, Inc.

320 LAKE FOREST DR

About This Property

Price History

Property Highlights

Building Info

Overview

Building

Neighborhood

Zoning

Geography

Valuation

Comparables

About Garrett

Stats & Trends

Similar Homes for Sale

Nearby Rentals

Frequently Asked Questions