421 PENN COVE ROAD, OAKLAND, MD 21550

$1,599,000

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… Read More 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. Read Less

Courtesy of Steve Ritchie, Railey Realty, Inc. [email protected]

Listing Snapshot

Days Online

Last Updated

Jul 25, 2025

Property Type

Single Family Residential

Beds

Full Baths

Partial Baths

Square Ft.

4,284

Lot Size

1.04 Acres

Year Built

1986

MLS Number

MDGA2009884

30 Days Snapshot Of 21550

$377k

-26%

(avg) sold price

+54%

homes sold

-22%

(avg) days on market

Snapshot

Area Map

Additional Details

Property Access

Boat - Powered, Boat - Length Limit, Limited hours of Personal Watercraft Operation (PWC), Private Access, Swimming Allowed, Fishing Allowed, Canoe/Kayak

Basement

Fully Finished, Heated, Connecting Stairway, Garage Access, Walkout Level

Building

4,284 sqft living area, 2,076 sqft above grade (finished), 2,208 sqft below grade (finished), Built in 1986, Structure Type: Detached, 3 levels, Log Home, Log, Log Siding, Cedar, Stone

Cooling

Central Air, Electric, Central A/C, Ceiling Fan(s), Whole House Fan, Window Unit(s)

Fireplaces

1 fireplace, Gas/Propane

Foundation

Block

Garage

3 garage spaces

Water Features

Navigable Water, Water Access, Water Body Name: DEEP CREEK LAKE, Water Body Type: Lake, Water Oriented, Waterfront Features: Y, Private Dock Site

Heating

Propane - Owned, Electric, Wood, Forced Air, Wood Burn Stove, Baseboard - Electric, Baseboard - Hot Water

Home Owner's Association

HOA Fee: $70, Fee Freq: Annually

Interior Features

Stove - Wood

Lot

45,430 sqft, 1.04 acres, Landscaping, Trees/Wooded

Property

Boats Power Count: 2, Dock/Slip Conveys, 1 dock, Other Structures: Above Grade, Below Grade, View: Lake, 1 boat slip

Sewer

Septic = # of BR

Taxes

Tax Annual Amount: $12,893, Tax Year: 2025

Utilities

Hot Water: Electric

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