See Home Value
Garrett 21550
355 MARKWOOD DRIVE
$537,000
● House - Off Market

355 MARKWOOD DRIVE

OAKLAND, MD 21550
bedrooms
3 Beds
bathrooms
2 Baths, 1 Half Bath
square feet
1,654 Ft²
$3,241
Est. Monthly
$92
HOA / Fees

About This Property

Fall in love with the perfect blend of comfort, privacy, and outdoor adventure in this beautifully maintained home nestled on 3.67 wooded acres overlooking scenic Meadow Lake. Thoughtfully designed for easy living, this 3-bedroom, 2.5-bath home features an open floor plan where the spacious great room flows seamlessly into a beautifully updated kitchen complete with granite countertops, making it the perfect space for gathering with family and friends. Peaceful lake views can be seen throughout the home. The spacious primary suite features a walk-in closet and a private bath with double vanities and a custom walk-in tile shower. Main-level laundry and an attached two-car garage add everyday convenience, while central air, a propane furnace, and a cozy wood-burning fireplace insert provide year-round comfort. The expansive unfinished basement offers endless possibilities for additional living space, a recreation room, workshop, or home gym. Step outside to enjoy the tranquility of nature from the front and back covered porches. The community offers a beautiful private lake perfect for kayaking, fishing, swimming, relaxing by the beach and 3 community docks. Additional amenities include private walking trails, and a storage shed that provides even more space for tools and outdoor equipment and the impressive 32' x 12' RV pavilion complete with 50 AMP, water and sewer hookups.  Located in the desirable Meadow Lake Estates community, you'll enjoy a peaceful rural setting just minutes from Herrington Manor and Swallow Falls State Parks. As an added bonus, the community borders 598 acres of Maryland DNR land fronting the Youghiogheny River, offering endless opportunities for hiking, wildlife watching, and outdoor recreation. Whether you're searching for a full-time residence, a mountain retreat, or the perfect place to embrace the beauty of Western Maryland, this exceptional property is ready to welcome you home. 
Unit Size
1,654 Ft²
Days on Market
-
Land Size
3.67 acres
Price per sqft
$344
Property Type
House
Property Taxes
$355
HOA Dues
$92
Year Built
1998

Payment Calculator

Cap Rate Calculator

Last updated: 25 days ago (Bright MLS #MDGA2012466)

Price History

Date / Event Date Event Price
Sep 30, 2026 Sold
Sold
Aug 10, 2026 In contract -
In contract
Jul 25, 2026 Listed by Taylor-Made Deep Creek Sales $569,000
Listed by Taylor-Made Deep Creek Sales
Dec 8, 2017 Sold
Sold
Mar 27, 2006 Sold
Sold

Property Highlights

Air Conditioning
Fireplace
Garage
With View

Building Info

Overview

    General

  • Year Built: 1998
  • Effective Year Built: 1998
  • Bedroom Count: 0
  • Bathroom Count: 3
  • Full Bathrooms: 2
  • Partial Bathrooms: 3
  • Building Condition: 3
  • Building Quality: 7
  • Construction Type: 6
  • Building Style: 15
  • Exterior Walls Type: 0
  • Interior Walls Type: 0
  • Roof Shape Type: 0
  • Roof Cover Type: 3
  • Floor Count: 100
  • Living Units: 1
  • Floor Cover: 0
  • Basement Type: 9
  • Basement Area: 0
  • Garage Type: 1
  • Garage Square Area: 483
  • Parking Space Count: 2
  • Patio Type: 0
  • Porch Type: 7
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 159,865
  • Total Building Area: 1,654
  • Gross Building Area: 1,654
  • Building Area: 1,654
  • Building Area Measurement: T

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 13
  • Heating: 4
  • Heated Square Feet: 1,654
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 5
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: MEADOW LAKE ESTATES
  • Land Acres: 0000003670
  • Standard Land Use Code: 1001
  • County Land Use Code: R-B001
  • Legal Description 1: 3.67 AC LOT 9 MEADOW LAKE ESTATES

Neighborhood

  • School District Name: Garrett County Public Schools
  • Census Tract: 000602

Geography

  • Assessors Map Reference: 71 12 129
  • Account Number: 033858
  • District: 14
  • Parcel: 14-033858
  • Lot: 9
  • Latitude: 39.447
  • Longitude: -79.4223

    Address

  • Full Address: 355 Markwood Dr
  • Address - House Number: 355
  • Address - Street Name: Markwood
  • Address - Suffix Type: Dr
  • State: MD
  • City Name: Oakland
  • Carrier Code: R005
  • 4-Digit Zip Code: 7542
  • Zip Code: 21550

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $388,077

    Appraisal Valuation

  • Standard Deviation: 0.2682
  • Valuation Date: Sep 13, 2023
  • Confidence Score: 61
  • Final Value: 540,336
  • High Value: 685,303
  • Low Value: 395,368

    Market Valuation

  • Market Total Value: $376,600
  • Market Land Value: $60,600
  • Market Improvement Value: $316,000

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $334,533

    Exemptions

  • Homeowner Exemption: Yes

    Sales

  • Current Sale Contract Date: Dec 01, 2017
  • Current Sale Recording Date: Dec 08, 2017
  • Current Sale Price:
  • Current Sale Document Type: 27
  • Current Sale Input Document Number: 2045-0355
  • Previous Sale Recording Date: Mar 27, 2006
  • Previous Sale Contract Date: Mar 24, 2006
  • Previous Sale Amount: $498,500
  • 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


Similar Homes for Sale

Currently no similar homes around

Nearby Rentals



Frequently Asked Questions

When was property at 355 Markwood Drive built and last sold?
The property at 355 Markwood Drive was built in 1998 and last sold on Dec 1, 2017 for $337,000.
How much is this home worth?
The estimated value of the home located at 355 Markwood Drive is $566,517.
What are some comparable homes to 355 Markwood Drive?
There are currently no comparable homes to 355 Markwood Drive.