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256 Jeffrey Ln Unit 28 , Oakland, MD 21550
$465,000
Est. Payment: $2,474.93/mo
3 Bed
4 Bath
1858 Sqft
Status: active | Days on site: 2
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KWR55 - 62670
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House Description

LAKE VIEWS, PRIME LOCATION & SELLER-PAID 2/1 INTEREST RATE BUYDOWN! Welcome to 256 Jeffrey Lane at Traders Landing, perfectly situated in the heart of Deep Creek Lake! This front-row, 3-bedroom, 3.5-bath condo offers beautiful lake views, an inviting floor plan, and the perfect combination of vacation getaway, investment opportunity, or year-round living. Featuring two spacious primary suites, a mostly level entry, central A/C, and a beautifully renovated kitchen with quartz countertops and stainless steel appliances, this property is designed for comfort and convenience. The open living area features a cozy gas fireplace, while the finished lower level provides additional living and entertaining space. Step outside to enjoy the spacious lakeside deck and patio, perfect for relaxing after a day on the lake or slopes. An outdoor storage shed, two dedicated parking spaces, and a huge overflow parking lot provide plenty of room for guests and an outdoor storage area too! Looking for rental potential? With projected gross vacation rental income of $36,000 to $51,000 annually, this property offers an exciting opportunity to enjoy your own lake getaway while potentially offsetting ownership expenses. Whether you're looking for a personal retreat, investment property, or a little of both, this one checks all the boxes! One of the biggest advantages of Traders Landing is the low-maintenance lifestyle! The condo association takes care of snow removal, trash service, lawn care, and common area maintenance, leaving you more time to enjoy the lake. And the location couldn't be better! Walk to the lake, Brenda's Pizzeria, Trader's Coffee House, High Mountain Sports, and nearby shopping, dining, and recreation. Just minutes from Wisp Resort, marinas, golf, and all the four-season activities that make Deep Creek Lake such a special destination. With beautiful lake views, an unbeatable walkable location, strong rental potential, and a seller-paid 2/1 interest rate buydown and no-cost refinance to help reduce your initial monthly payments, this is an opportunity you won't want to miss! Call today for your private showing and details!

Highlights

Listed by Charlotte D Savoy , 4432128969 The KW Collective , 4435741600. Bright MLS

Property Type

Condo

Year Built

2004

County

Garrett

Neighborhood

Traders Landing

School District

Garrett County Public Schools

Listing ID

MDGA2013126

Questions about this listing?

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Interior Features

Bedrooms and Bathrooms
  • ▪ Bedrooms:3
  • ▪ Bathrooms:4
  • ▪ Full Bathrooms:3
  • ▪ 1/2 Bathrooms:1
Appliances:Built-In Microwave, Dishwasher, Disposal, Dryer, Exhaust Fan, Refrigerator, Stainless Steel Appliances, Stove, Washer
Air Cond:Central A/C
Fireplaces:Gas/Propane,1 Fireplace
Floor:Carpet,Ceramic Tile,Laminate Plank
Above Ground Sq Ft:1858
Basement:Fully Finished,Walkout Level
Other:
  • ▪ Additional:Bathroom - Soaking Tub, Bathroom - Jetted Tub, Built-Ins, Carpet, Ceiling Fan(s), Entry Level Bedroom, Floor Plan - Open, Kitchen - Gourmet, Primary Bath(s), Recessed Lighting, Upgraded Countertops, Walk-in Closet(s), Wood Floors, No Pet Restrictions, Pets Allowed
Water:Public

Exterior Features

Lot:Not New Construction,Horse Property: No
Garage Capacity:2
Zoning:R
Roof:Architectural Shingle
Others:
  • ▪ Additional:Common Grounds, Common Area Maintenance, Lawn Maintenance, Management, Road Maintenance, Snow Removal, Trash, Water
Sewer:Public Sewer
Parking Features:Parking Lot,2+ Spaces,1+ Spaces
Principal Interest
$2,475
Taxes
$380

Home Price

$465,000

Loan Details

30 yrs
7%

Down Payment

20%
$93,000
All calculations are estimates and provided by Blueroof360. Today’s Rates provided by Blueroof360. Information and interactive calculators are made available to you only as self-help tools for your independent use and are not intended to provide investment or tax advice. We cannot and do not guarantee their applicability or accuracy in regards to your individual circumstances. All examples are hypothetical and are for illustrative purposes. We encourage you to seek personalized advice from qualified professionals regarding all personal finance issues.
Monthly Price:
$2,474.93

Principal

Taxes

HOA

Principal Taxes HOA Total
Monthly $2,474.93 $380.08 $340.00 $3,195.01
Yearly $29,699.10 $4,561.00 $4,080.00 $38,340.10
Total $890,973.10 $136,830.00 $122,400.00 $1,150,203.10
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Chico Gordy
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Market insight data is pulled from the same city as the listing being viewed (Oakland, MD).

The schools listed are within a 2-mile radius of the property; however, attendance is not guaranteed. Please contact the local school district to confirm zoning and enrollment options.

Information provided by Bright MLS, and is deemed reliable but not guaranteed accurate.

IDX service by Blueroof 360

Data last updated: 2026-11-13T19:09:10.000Z

© 2026 Bright MLS