#MDGA2008760, Lauren McCann, Listing Office: Railey Realty, Inc.
$10,000
closing credit¹
383 Penn Cove Rd Oakland, MD 21550
Property details
About 383 Penn Cove Rd
This lovely lakefront two-level ranch house is well-sited on a gently sloping 1.11 acre lot on a quiet cul-de-sac in the private Penn Cove community. The home offers beautiful views of the lake from nearly every room. With five spacious bedrooms (one of which is brand new) and a bonus room, there is ample space for accommodating family and guests. The kitchen and bathrooms have been recently updated. The main family room, featuring a stunning natural stone fireplace, is bathed in natural light from vaulted ceilings and skylights, and opens onto a deck that is an ideal spot for grilling and outside dining. The spaciousness of the lower-level means there is plenty of room for a tv viewing area, a pool table, exercise equipment, a laundry room, a utility room, and storage closets. This level also opens onto a spacious lower deck that is perfect for entertaining or relaxing in the hot tub. The lot has 157 feet of pristine shoreline, offering a private sanctuary for relaxation and recreation. A Class A dock with an extra wide sitting section is ideal for sunbathing, watching sunsets, or jumping off into the tranquil waters of Penn Cove. Penn Cove is a 24/7 minimum wake zone, ensuring calm waters for swimming, paddleboarding, and kayaking - all without the noise of speeding power boats and jet skis! Offering a large circular driveway, the property ensures easy boat maneuvering and ample guest parking. In addition, the property comes with a spacious detached garage that can accommodate two large boats, an upper shed for lawn maintenance equipment, and a lower shed for storing wakeboards, kayaks, tubes, and paddleboards. The large outdoor space also includes a tunnel slide and playground area for kids to enjoy. Despite its secluded setting, the home is conveniently located just minutes from restaurants, grocery/convenience stores, downtown Oakland, and Wisp Mountain. Call today to preview this gem and discover the perfect blend of lakeside fun, privacy, and convenience!
Highlights
(ACTIVE)
Summary
- MLS Number: MDGA2008572
- MLS Name: BRIGHT
- Office Name: Taylor Made Deep Creek Vacations & Sales
- Office Phone: (301) 387-4700
- Listing Agent: Elizabeth S Spiker Holcomb
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Last updated on: 2/1/2025, 7:20:54 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.
Get an agent. Get a mortgage. Save big.¹
$1,599,000
383 Penn Cove Rd
$10,000
closing credit¹
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Seller rebate
0.5% sale price²
Price information
Property sales
Date | Event | Price |
---|---|---|
Aug 12, 2008 | Home Sold | $963,000 |
Tax history
Year | Assessment | Property Tax |
---|---|---|
2024 | $880,933 | $10,319 |
2023 | $769,067 | $9,012 |
2022 | $657,200 | $7,676 |
2021 | $653,700 | $7,594 |
2020 | $650,200 | $7,583 |
2018 | $635,867 | $7,036 |
2017 | $625,033 | $6,918 |
History based on county public records data.
Nearby schools
7
Broad Ford Elementary School
Public District PK-5
4.9 mi
•607 Harvey Winters Dr
5
Yough Glades Elementary School
Public District PK-5
6.4 mi
•70 Wolf Acres Dr
7
Crellin Elementary School
Public District KG-5
9.5 mi
•115 Kendall Dr
School ratings are a score out of 10, where 10 is the highest and 1 is the lowest.
Neighborhood
The neighbors living near this home have an average income of $53,750. Most Oakland, MD residents have annual incomes less than $<35k. Most families are married, no kids. Most residents in this area have post secondary degree education.
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Frequently asked questions
About 383 Penn Cove Rd
This home is located at 383 Penn Cove Rd in Oakland, MD and zip code 21550. This 2,080 square foot home, which was built in 1986, sits on a 1.11 acre lot. Features: 5 bedrooms, 3 bathrooms. It has been listed on Rocket Homes since December 7, 2024 and is currently priced at $1,599,000.
Oakland, MD housing market in January 2025 saw over 1 listings sold above listed price, more than 3 sold at listed price and over 5 sold below. The number of listings in Oakland, MD decreased by 4.2% between December and January 2025. In January 2025 median list price was $375,000 and the average listing age was 60 days.