Properties for Sale
Tuesday, July 27, 2010
Lake view detached condo for sale Roman Ridge at Traders Landing
This is arguably the largest unit available in the Traders Landing & Roman Ridge community. Over 3,100 square feet with large lake views, 4 master suites and lots of living area to enjoy. AND, you can walk to Traders Coffee House for coffee & breakfast in the morning
More
from the listing:
Enjoy the comfort & privacy of a single family home with this 4BR, 4+BA, detached vacation home! Let the condo assoc. do the dirty work while you RELAX in over 3100 s/f of prime living space. Wide views of the lake from every room, 4 master suites (views!), custom rec room with billiards, eat-in kitchen, expansive deck, hot tub, reading loft and more! Leased boat slips & owner financing available.
55 JEFFREY LN #2
OAKLAND, MD 21550
$439,000
GA7267793
Thursday, July 22, 2010
Real Estate for Sale - 442 Deer Run - Sky Valley - GA7381957
Chalet for sale in
Sky Valley with immediate boat slips available through the HOA. This house used to be a $25k/year rental property (owners have since occupied full-time) with
Railey Mountain Lake Vacations and could be easily converted to a rental again. It has a spacious, fenced-in backyard and brick paver walkways surrounding the house. Also, walking distance to the new
Thousand Acres golf course. $439,000.
Tuesday, July 20, 2010
Building lots for sale in Mt Lake Park - C Street
C St - Mt Lake Park - GA7365848 - $18,900
I recently listed 2 building lots for sale in the town of Mountain Lake Park on C Street. Great value at $18,900 each, amongst the most competitively priced lots on the market. Both are eligible for public water & sewer.
More details here.
If you are thinking of buying or selling real estate in Garrett County or Deep Creek Lake, Maryland, call Jay Ferguson of Railey Realty for all of your real estate needs! 877-563-5350
Deep Creek Lake Info, Business Directories, Classified Ads, Events & more! Advertise on http://www.deepcreekalive.com/!
Thursday, July 15, 2010
New listing - 3/4BR log home Mountainside - $399,900
1800 Mountainview Ct
Incredible value on a custom log home in Mountainside. Nearly 3,000 sq ft, wired ‘smart house’ w/ thermostat controls, corian countertops, hickory kitchen cabinets, wired networking in all rooms, in-wall speakers (living room), wired for surround sound (basement), whirlpool tub in master bath, 8” logs. Enjoys Mountainside community amenities of lake access, sports courts, community building.
Contact Jay Ferguson @ 301-501-0420 or for more information or to setup a private showing for this property.
Listing # GA7386737
$399,900
Subdivision: MOUNTAINSIDE
Bedroom(s): 4
Bathroom(s): 3 Full, 1 Half
Year Built: 2007
Levels: 3
Approx Finished Sq Ft: 2,880
Heating: Bottled Gas/Prop, 90% Forced Air
Cooling: Electric, Ceiling Fan(s)
Water: Well
Sewer: Sept<# of BR If you are thinking of buying or selling real estate in Garrett County or Deep Creek Lake, Maryland, call Jay Ferguson of Railey Realty for all of your real estate needs! 877-563-5350 Deep Creek Lake Info, Business Directories, Classified Ads, Events & more! Advertise on http://www.deepcreekalive.com/!
Wednesday, July 14, 2010
Lakefront Price Reduction - 914 Stockslager Rd
An incredibly well built home in a quiet setting near the Deep Creek Dam. The sellers have reduced the price to $1,149,000 (a $50k reduction) and are offering to pay buyers closing costs with a firm contract by 9-15-10. Take a look at the photo gallery here.
GA7294960 - 914 Stockslager Rd - $1,149,000 - 4BR, 3BA, built 1992, remodeled, 2,800+/- sq ft
If you are thinking of buying or selling real estate in Garrett County or Deep Creek Lake, Maryland, call Jay Ferguson of Railey Realty for all of your real estate needs! 877-563-5350 Deep Creek Lake Info, Business Directories, Classified Ads, Events & more! Advertise on http://www.deepcreekalive.com/!
Wednesday, July 07, 2010
Price Reduction on 1104 Alexander Ln - backs to Broadford Park
One of the best values in Oakland for a single family home in nearly mint condition:
Tastefully updated colonial on quiet cul-de-sac, backs to Broadford Lake park. Move-in ready! Fresh paint inside/out, re-carpeted, new kitchen in Oct 08: cherry cabinets & granite tops. Dining, family room, library, 1/2 bath & deck access on 1st floor. A tranquil 2nd floor master suite w/ 2 walk-in closets, en-suite bath & deck with views. Lower level boasts new media room! Perfect entertaining!
Now $299,000!!!
If you are thinking of buying or selling real estate in Garrett County or Deep Creek Lake, Maryland, call Jay Ferguson of Railey Realty for all of your real estate needs! 877-563-5350 Deep Creek Lake Info, Business Directories, Classified Ads, Events & more! Advertise on http://www.deepcreekalive.com/!
Great Summary of the Second-Home Market Nationally
Some interesting data & analysis that mirrors the Deep Creek Lake second home market:
July 6, 2010 by cloeffler
Check out this post originally published in the Tahoe Daily Tribune by Richard Bolen, REALTOR(R), McCall Realty:
(A quick “shout out” to all our friends in the Lake Tahoe area who helped NAR host the 2010 Resort and Second-Home Symposium. We couldn’t have done it without you! We have only heard wonderful comments about the successful event with 214 participants in attendance. Lake Tahoe is truly a national treasure — both in its natural beauty and the hospitality of its residents!)
SOUTH LAKE TAHOE, Calif. — About 65 percent of South Lake Tahoe Homes are second homes or vacation properties. I often write about, or use the phrase second home buyer characteristics, which makes sense. South Lake Tahoe is very much a second home resort real estate market.
Some 65 percent of area homeowners live elsewhere. This means that about a third of South Lake Tahoe homes are primary residences.
The National Association of REALTORS did a specific study on vacation or second home buyers. I thought it would be of interest to look at the most recent findings.
Before looking at the particulars, there are a few key characteristics of the vacation and second home buyer to always have in mind. These are important, especially as it relates to style and manner when representing a buyer:
• The vacation or second home buyer lacks urgency.
• The vacation or second home buyer is overqualified financially.
• The vacation or second home buyer is looking for a family retreat.
Of these, lack of urgency is really important to understand to best represent a buyer. What I like to do is “mirror” a buyers pace if I can. If a buyer seems to want to move quickly, I quicken my pace. If the buyer moves slowly, I respond in kind.
Sometimes, though, a particular house or situation does require urgency. An underpriced house, or one that is right priced and exceptionally attractive can require immediate action to get it.
In cases such as this, I do recommend that the vacation or second home buyer move as quickly as they possibly can.
If I ever quicken my pace, it is because I don’t want a buyer to miss out on something they obviously really like. I am never in a hurry just to make a sale. Buyer comfort to me is king.
2010 Vacation Home Buyers Survey (based on 2009 buying trends)
Sales and prices:
• Some 10 percent of U.S. home sales were vacation or second home properties.
• 1 percent more vacation or second homes sold in 2009 compared to 2008.
Buyer characteristics:
• The median age of the vacation or second home buyer in 2009 was 46 years of age.
• 28 percent of vacation orsecond home buyers were older than 55.
• The median household income of 2009 vacation or second home buyers was $87,500.
• 39 percent of vacation or second home buyers had a household income that exceeded $100,000.
• 73 percent of 2009 vacation or second home buyers were married.
• 49 percent of 2009 vacation or second home buyer households had no children younger than 8. • 86 percent of 2009 vacation or second home buyers were Caucasian.
Property characteristics:
• 55 percent of 2009 vacation home sales were in a small town or rural area.
• 50 percent of 2009 vacation home sales were in the South.
• 71 percent of 2009 vacation or second home sales were single-family homes.
• 74 percent of 2009 vacation or second home sales were existing properties (not new).
• The median distance away from primary residence was 348 miles.
Method of Purchase and Financing:
• 54 percent of 2009 vacation or second home buyers used a real estate agent or broker.
• 10 percent of 2009 vacation or second home sales were a foreclosure or trustee sale.
• 27 percent of 2009 vacation or second home sales were directly from an owner (17 percent that buyer knew, 10 percent that buyer didn’t know).
• 32 percent of 2009 vacation or second home buyers looked first on the internet to shop for a home.
• 12 percent of 2009 vacation or second home buyers contacted a real estate agent first to shop for a home.
• 26 percent of 2009 vacation or second home buyers found the home they purchased on the internet.
• 25 percent of 2009 vacation or second home buyers found the home they purchased with a real estate agent.
• 70 percent of 2009 vacation or second home sales used a mortgage.
Internet use:
• Nine out of ten home buyers use the Internet in their home search process.
• Is our experience that buyers contact us after internet searching first.
• More often we find the home the buyer buys, rather than what they exactly saw on the Internet.
Buyer Motivations and Expectations:
• 89 percent purchased their vacation or second home as a family retreat.
• 29 percent purchased their second home because it was a “good investment” opportunity.
• 25 percent purchased their second home to rent to others.
• 14 percent purchased their second home for tax benefits.
• 26 percent purchased their second home as a future primary residence.
• 80 percent purchased their second home because they believe now is a good time to purchase.
Original Link: http://www.tahoedailytribune.com/article/20100704/NEWS/100709931/1054
If you are thinking of buying or selling real estate in Garrett County or Deep Creek Lake, Maryland, call Jay Ferguson of Railey Realty for all of your real estate needs! 877-563-5350 Deep Creek Lake Info, Business Directories, Classified Ads, Events & more! Advertise on http://www.deepcreekalive.com/!
Tuesday, June 29, 2010
Commercial Building For Sale in Oakland - 27 Knoll Crest Heights
I just listed a commercial building for sale in Oakland. The Battery Warehouse building fronts on Garrett Highway and offers a storefront location, storage and space to grow on 1/2 acre lot. The location is very close to WalMart & Lowes, as well. Public water & sewer are available, but not yet connected to the property. It’s being sold AS-IS, for $99,999! GA7369837, 27 Knoll Crest Heights.
More details here.
Monday, June 28, 2010
Price Reduction - Historic Downtown Oakland - 209 2nd Street
Watch the Autumn Glory Parade in style!!
209 2nd St Oakland MD 21550 - $214,900 - GA7364174
The hard work has been done! Rare remodeled Victorian in historic downtown Oakland! Modern upgrades abound in this turn-of-the-century home: electric service, heating/cooling systems, vinyl siding. Recent sun room/den addition features large Andersen windows, vaulted t&g ceilings & gas fireplace; modern kitchen, appliances. Ready to move in and enjoy! Estate sale: subject to 3rd party approval.
If you are thinking of buying or selling real estate in Garrett County or Deep Creek Lake, Maryland, call Jay Ferguson of Railey Realty for all of your real estate needs! 877-563-5350 Deep Creek Lake Info, Business Directories, Classified Ads, Events & more! Advertise on http://www.deepcreekalive.com/!
Wednesday, June 23, 2010
New low price, adjacent to Broadford Park
1104 ALEXANDER LN
OAKLAND, MD 21550
GA7297438
Tastefully updated colonial on quiet cul-de-sac, backs to Broadford Lake park. Move-in ready! Fresh paint inside/out, re-carpeted, new kitchen in Oct 08: cherry cabinets & granite tops. Dining, family room, library, 1/2 bath & deck access on 1st floor. A tranquil 2nd floor master suite w/ 2 walk-in closets, en-suite bath & deck with views. Lower level boasts new media room! Perfect entertaining!
If you are thinking of buying or selling real estate in Garrett County or Deep Creek Lake, Maryland, call Jay Ferguson of Railey Realty for all of your real estate needs! 877-563-5350 Deep Creek Lake Info, Business Directories, Classified Ads, Events & more! Advertise on http://www.deepcreekalive.com/!
Tuesday, June 15, 2010
Great buy near the lake - 159 Glotfelty Dr - GA6642444
3,000+/- square feet of custom tailored living space in this updated home. 2.3 acres, 3 stall garage, newer windows & roof, and a convenient location - 3 miles to the lake, 4 miles to Oakland. Give me a call or
email me to setup a showing! Only $249,900!
Tuesday, June 01, 2010
How Golf Communities Came to the “Fore”
Lodestone Golf Course at Wisp Resort - Deep Creek Lake
Second homes: Live along some famed fairways
Updated 5/14/2010 10:59 AM
By Larry Olmsted Special for USA TODAY
When W.G. Tarrant purchased nearly 1,000 acres outside London in 1911, he changed real estate history. His invention? What claims to be the first golf community, St. George’s Hill, with a course by designer Harry Colt. It was immediately successful — and still is, with houses running about $5 million. By using golf to sell residences, Tarrant let a genie out of the bottle.
A century later, there are thousands of residential courses. In China, they can’t be built fast enough. Mission Hills near Hong Kong has 12 courses and thousands of members. Second-home golf communities are around the globe, but the majority of North American buyers looking beyond the Caribbean and Mexico choose Western Europe.
The biggest appeal is high-quality golf.
“For decades, the U.S. residential golf market has followed a model of name-brand designers commanding higher prices, and now that model is being marketed abroad,” says Michael Patrick Shiels, author of Secrets of the Great Golf Course Architects.
Read the rest here.
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Some of Deep Creek Lake’s Golf Course Communities & Nearby Courses:
Waterfront Greens
Deep Creek Lake Info, Business Directories, Calssified Ads, Events & more! Advertise on
http://www.deepcreekalive.com/!
Monday, May 17, 2010
Stay up to date with the real estate market-Garrett County-Deep Creek Lake
I can customize ANY search criteria you want, regardless of how detailed or basic, and send it straight to your email address - before most agents even know its available! This tool is invaluable and gives you an unbelievable advantage over other buyers currently looking to buy.
For instance, if you want to find a log cabin on 20-30 acres with views and a stream or water nearby, I can tailor a search to meet those needs. And if/when it ever comes on the market, you will be among the first to know.
The downfall to being so specific is that you may go months without seeing anything that fits the description. I recommend having several custom searches running at the same time:
- A basic search: ($200,000-250,000)
- An intermediate search: ($200,000-$250,000 + Water Views)
- And a detailed search: ($200k-250k + water views + 3 bedrooms or more + McHenry + 1 acre or more)
This way, you are seeing everything in the $200k-250k range, but also receiving more ‘direct hits’ with subsequent searches. I have clients who have me running as many as 8 searches - and loving it. They own property here and like to get updates about properties that have sold, so they can keep up with comparable sales. They also like to see updates about their community (Ski Harbor), so I email that search. Then, they are searching for single family homes on the water, in certain areas of the lake (like Rock Lodge Rd, State Park Rd, and anything at Blakeslee). I have another client who only wants homes with public water/sewer - so I tailored a search for those features. And I have other clients who mix & match land listings in the same way - size, price, location, sewer/water, etc.
The sky is the limit with custom MLS searches - I can even set them up to email you ASAP, weekly, specific days of the week, in the morning or evening, or once a month. Completely customizable. The easiest way to set one of these up and try it out is to call me directly or email me with your parameters. Special requests? I’ll do my best!
Monday, May 10, 2010
Real estate for sale - 159 Glotfelty Dr - GA6642444
A custom built 4 bedroom home with LOTS of built-ins and upgrades! Newer roof, windows, a 3 car garage, pavilion…
Click here for more info
If you are thinking of buying or selling real estate in Garrett County or Deep Creek Lake, Maryland, call Jay Ferguson of Railey Realty for all of your real estate needs! 877-563-5350
Tuesday, May 04, 2010
Price reduction: 1104 Alexander Ln -$324,900 GA7297438
If you haven’t seen this house yet, you are missing out! And, its now even more affordable! This is by far one of the better selections in the Oakland market. Countless upgrades and improvements ranging from a new kitchen with granite to a media room on the lower level. A must see - by appointment only.
If you are thinking of buying or selling real estate in Garrett County or Deep Creek Lake, Maryland, call Jay Ferguson of Railey Realty for all of your real estate needs! 877-563-5350
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