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Garrett 21561
723 PINNACLE DRIVE
$949,000
● House - For Sale

723 PINNACLE DRIVE

SWANTON, MD 21561
bedrooms
5 Beds
bathrooms
5 Baths
square feet
3,716 Ft²
$5,515
Est. Monthly
$92
HOA / Fees

About This Property

Mountain living meets the Deep Creek Lake lifestyle in this stunning five-bedroom, five-bath lake access retreat!  Offering dramatic architecture, generous living space, and a strong rental performance of $81,000 to $90,000.  The main level features soaring wood cathedral ceilings, a floor-to-ceiling stone fireplace to cozy up to after a day on the slopes, and a wall of glass in the open kitchen, dining, living areas.  The main level also includes two bedrooms and two full baths, one bath private to a bedroom, offering excellent flexibility for guests and main-level living.

The upper level is dedicated to a spacious primary suite with private deck, sitting area, walk-in closet, with a seperate area for owner lock up storage.  The spa like bath has a large jetted tub and a shower.  Just outside the bedroom is a loft overlooking the great room.

Lower Level one includes a spacious family room with a second stone fireplace and a wet bar, two bedrooms a full baths with a tub shower and a seperate shower.  A laundry room completes the picture.

Lower Level two offers a game room for family fun and an additional full bath.  Also a seperate room for storage, ski equipment, or owners lock up area. Step out to the hot tub to warm up and relax after skiing or being on the lake.

Enjoy wraparound decks on three levels with a covered dining and covered hot tub area. The lake access is minutes away with a clubhouse, picnic area, and swimming and kayaking on Deep Creek Lake. There is also a tennis court for the neighborhood! This home has an impressive annual rental income of $81,000–$90,000.  Located just five minutes from Deep Creek Lake State Park, and close to Wisp Ski Resort for four-season recreation!

Call today to preview the many features this Mountain Lake Property has to offer!
Unit Size
3,716 Ft²
Days on Market
-
Land Size
1.00 acres
Price per sqft
$255
Property Type
House
Property Taxes
$763
HOA Dues
$92
Year Built
2003

Listed By

Susan Bell
Railey Realty, Inc.

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Last updated: 3 months ago (Bright MLS #MDGA2011042)

Price History

Date / Event Date Event Price
Jan 29, 2026 Listed by Railey Realty, Inc. $949,000
Listed by Railey Realty, Inc.
Sep 27, 2025 Price Decreased $974,900
↓ $50K (4.9%)
Price Decreased
Aug 21, 2025 Listed $1,024,900
Listed
Rare Lake Mountain Chalet – The Perfect Vacation Rental & Retreat with $90K+ annual revenue. Tucked into the hillside just one road back from Deep Creek Lake, and one of the largest in the area. This 4-level, 5-bedroom, 5-bath home combines privacy, convenience, and exceptional rental potential. Currently one of the area’s most sought-after and successful Airbnb destinations, it offers investors proven income and buyers a spacious getaway to enjoy with family and friends. All furniture conveys, making this a true turn-key investment—ready to go with systems in place to simplify hosting and maximize revenue. The design offers multiple gathering areas, a game room, and open living space across four levels—perfect for hosting large groups. Relax in the hot tub, gather around the fire pit, or take in seasonal lake views from the multi-tiered deck. All-season versatility ensures year-round appeal: spend summers on the lake, enjoy fall foliage hikes, ski Wisp in the winter, and explore trails in the spring. Community amenities include lake access and tennis courts. Conveniently located near Deep Creek State Park and just 4 miles to Wisp Ski Resort, this chalet delivers both lifestyle and income-producing potential.
Oct 8, 2021 No longer available -
No longer available
Dec 30, 2020 Sold
Sold
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Property Highlights

Fireplace
With View
Parking Details
Parking Features: Paved Driveway
Interior Details
Full Bathrooms: 5
Interior Features: Built-in Features, Ceiling Fan(s), Recessed Lighting, Walk-In Closet(s), Dry Bar, Bathroom - Jetted Tub, Bathroom - Stall Shower, Bathroom - Tub Shower, Combination Dining/Living, Combination Kitchen/Dining, Dining Area, Entry Level Bedroom, Floor Plan - Open, Primary Bath(s), Window Treatments, WhirlPool/HotTub, Wood Floors
Appliances: Microwave, Dishwasher, Refrigerator, Washer, Dryer, Water Heater, Stove
Flooring Type: Wood, Carpet, Ceramic Tile
Has Fireplace
Fireplace Features: Propane
Fireplaces: 2
Basement: Finished, Daylight, Partial
Exterior Details
Square Footage: 3716
Square Footage Source: $0
Property Condition: Very Good
Architectural Style: Contemporary, Chalet
Year Built Source: Assessor
Year Built: 2003
Waterbody Name: Deep Creek Lake
Levels: 4
Other Structures: Above Grade, Below Grade
Construction Materials: Frame
Lot Size Area: 43560
Lot Size Units: Square Feet
Lot Size Acres: 1
Lot Size Square Feet: 43560
Tax Lot: 0023
Water Source: Well
Financial Details
Tax Assessed Value: $808,700
Tax Annual Amount: $9,154
Utilities Details
Cooling Type: Other
Heating Type: Forced Air
Sewer : Public Sewer
Location Details
HOA/Condo/Coop Fee Includes: Trash, Snow Removal, Maintenance Grounds, Road Maintenance, Pier/Dock Maintenance
HOA Fee: $1,100
HOA Fee Frequency: Annually

Building Info

Overview

    General

  • Year Built: 2003
  • Effective Year Built: 2003
  • Bedroom Count: 0
  • Bathroom Count: 5
  • Full Bathrooms: 5
  • Partial Bathrooms: 5
  • Building Condition: 3
  • Building Quality: 8
  • Construction Type: 6
  • Building Style: 15
  • Exterior Walls Type: 0
  • Interior Walls Type: 0
  • Roof Shape Type: 0
  • Roof Cover Type: 3
  • Floor Count: 200
  • Living Units: 1
  • Floor Cover: 0
  • Basement Type: 3
  • Basement Area: 712
  • Garage Type: 0
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 43,560
  • Total Building Area: 1,816
  • Gross Building Area: 1,816
  • Building Area: 1,816
  • Building Area Measurement: T

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 13
  • Heating: 4
  • Heated Square Feet: 3,716
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 5
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: THE PINNACLE SUB
  • Land Acres: 0000001000
  • Standard Land Use Code: 1001
  • County Land Use Code: R-B001
  • Legal Description 1: 1.00 AC LOT 23 THE PINNACLE SUB DIV

Neighborhood

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

Geography

  • Assessors Map Reference: 58 18 694
  • Account Number: 070545
  • District: 18
  • Parcel: 18-070545
  • Lot: 23
  • Latitude: 39.504
  • Longitude: -79.3048

    Address

  • Full Address: 723 Pinnacle Dr
  • Address - House Number: 723
  • Address - Street Name: Pinnacle
  • Address - Suffix Type: Dr
  • State: MD
  • City Name: Swanton
  • Carrier Code: R002
  • 4-Digit Zip Code: 2315
  • Zip Code: 21561

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $766,115

    Appraisal Valuation

  • Standard Deviation: 0.2535
  • Valuation Date: Sep 13, 2023
  • Confidence Score: 64
  • Final Value: 991,467
  • High Value: 1,242,893
  • Low Value: 740,040

    Market Valuation

  • Market Total Value: $808,700
  • Market Land Value: $110,200
  • Market Improvement Value: $698,500

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $618,833

    Sales

  • Current Sale Contract Date: Dec 17, 2020
  • Current Sale Recording Date: Dec 30, 2020
  • Current Sale Price:
  • Current Sale Document Type: 27
  • Previous Sale Recording Date: Apr 12, 2016
  • Previous Sale Contract Date: Apr 08, 2016
  • Previous Sale Amount: $515,900
  • Previous Sale Document Type: 27

    Financing

  • First Mortgage Financing Type: ADJ
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 723 Pinnacle Drive built and last sold?
The property at 723 Pinnacle Drive was built in 2003 and last sold on Dec 17, 2020 for $765,000.
How much is this home worth?
The estimated value of the home located at 723 Pinnacle Drive is $958,490.
What are some comparable homes to 723 Pinnacle Drive?
There are currently no comparable homes to 723 Pinnacle Drive.