#MDGA2009738, Elizabeth S Spiker Holcomb, Listing office: Taylor Made Deep Creek Vacations & Sales
421 Penn Cove Rd Oakland, MD 21550
Property details
About 421 Penn Cove Rd
Exquisite Lakefront Log Home Retreat at Deep Creek Lake. Nestled on a private, wooded 1-acre lot with 169 feet of pristine lakefront along a serene cove on the southern end of Deep Creek Lake, this well-maintained log home offers the perfect balance of rustic charm and luxurious lakefront living. From the moment you arrive, the home’s park-like setting and lush landscaping welcome you into a world of tranquility. Step onto the expansive lakeside deck—partially covered for year-round enjoyment—and take in sweeping views of the water, the perfect backdrop for entertaining or peaceful morning coffee. Inside, this spacious 4,284 sq. ft. retreat spans three levels and features 4 bedrooms and 3.5 fully updated baths. The main level primary suite boasts lake views, a walk-in closet, private bath, and direct access to the deck, offering comfort and privacy. Two of the upper-level bedrooms share a beautifully updated bath, both enjoying stunning lake views. The heart of the home includes a grand lakeside great room with panoramic views, and an adjacent billiards room, both with forced-air heat and central A/C—plus a warm and inviting living room with an elegantly finished stone fireplace illuminated by spotlights. The open-concept kitchen features updated appliances, tile countertops, and a counter-height peninsula flowing seamlessly into the dining area, which also walks out to the lakeside deck. The finished walk-out lower level is designed for relaxation and recreation with a family room featuring a wood stove set in a custom stone wall, plus a spacious rec room—all with access to a lakeside patio. A shared three-quarter bath on this level ensures comfort for guests. Boating enthusiasts will appreciate the Type A dock permit, allowing two power boats—ideal for enjoying Deep Creek Lake to the fullest. A two-car attached garage and additional one-car integral garage provide ample storage, with extra driveway space for guests. Whether it’s the intimate indoor details or the unmatched outdoor setting, this one-of-a-kind lakefront home delivers the ultimate Deep Creek Lake experience. Don’t miss this rare opportunity to own a luxurious escape in one of the region’s most peaceful coves. Schedule your private showing today and experience lake living at its finest.
Highlights
(ACTIVE)
Virtual tour
Summary
- Partial Bathrooms: 1
- Full Bathrooms: 3
- Basement: Yes
- Interior: Stove - Wood
- Fireplace: Gas/Propane
- Total Bedroom Count: 4
- Garage Space: 3 spaces
- Parking: Garage Door Opener, Attached Garage,Driveway
- View: Lake
- Architectural Style: Log Home
- Heating: Forced Air, Wood Stove, Baseboard
- Cooling: Central Air, Ceiling Fan(s), Whole House Fan, Window Unit(s)
- List Price: $1,599,000
- Price/SqFt: $373
- HOA Amount: $70 Annually
- Annual Tax Amount: $12,893
- Tax Year: 2024
- Lot: Landscaped, Wooded
- Directions: Sand Flat Road to Boy Scout Road to Penn Point Road to Penn Cove Road. Follow to 421 Penn Cove Road on the left.
- Year Built: 1986
- Stories: 3
- Living Area: 4,284 SqFt
- Lot Size: 1.04 Acres
- MLS Number: MDGA2009884
- MLS Name: BRIGHT
- Office Name: Railey Realty, Inc.
- Office Phone: (301) 387-2000
- Listing Agent: Steven C Ritchie
- Agent Phone: (301) 616-9980
- Agent Email: steve@railey.com
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Last updated on: 8/1/2025, 12:45:38 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.
Price information
Property sales
We're sorry, we currently don't have property sales data for this listing.
Tax history
Year | Assessment | Property Tax |
---|---|---|
2024 | $1,101,300 | $12,893 |
2023 | $947,700 | $11,099 |
2022 | $794,100 | $9,275 |
2021 | $774,900 | $8,826 |
2020 | $755,700 | $8,632 |
2018 | $736,500 | $8,145 |
2017 | $736,500 | $8,146 |
History based on county public records data.
Nearby schools
5
Broad Ford Elementary School
Public District PK-5
4.9 mi
•607 Harvey Winters Dr
6
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. The majority of Oakland, MD residents have income less than $<35k annually. Residents typically live in married, no kids family. Residents of this area typically have post secondary degree education.
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Frequently asked questions
About 421 Penn Cove Rd
The listing price of 421 Penn Cove Rd property is $1,599,000.
The property 421 Penn Cove Rd is a house located in Oakland, Maryland, 21550.
Active Listing: 421 Penn Cove Rd is For Sale (Active/New) which means the seller is accepting offers.
The nearby schools for 421 Penn Cove Rd are: Broad Ford Elementary School (GreatSchools Rating 5/10), Yough Glades Elementary School (GreatSchools Rating 6/10), Crellin Elementary School (GreatSchools Rating 7/10), Southern Middle School (GreatSchools Rating 4/10), Terra Alta/East Preston School (GreatSchools Rating 5/10), Northern Middle School (GreatSchools Rating 9/10), Southern Garrett High School (GreatSchools Rating 5/10), Union Educational Complex (GreatSchools Rating 3/10), Northern Garrett High School (GreatSchools Rating 8/10).
According to the records, the last property tax for 2024 is $12,893 (source: MLS/based on county public records data).
The property at 421 Penn Cove Rd has 4 bedrooms and 3 full and 1 half bathrooms.
The property 421 Penn Cove Rd is 4,284 SqFt (source: MLS/tax record).
The year of construction for 421 Penn Cove Rd is 1986.
This home is located at 421 Penn Cove Rd in Oakland, MD and zip code 21550. This 4,284 square foot home, which was built in 1986, sits on a 1.04 acre lot. Features: 4 bedrooms, 4 bathrooms. It has been listed on Rocket Homes since June 24, 2025 and is currently priced at $1,599,000.
The inventory of homes for sale in Oakland, MD between May and June 2025 increased by 32.7%. In June 2025 median list price was $475,000 and the average listing age was 106 days.