827 Penn Point Rd, Oakland, MD, 21550
About This Home
Custom built by the original owners and thoughtfully expanded with a recent addition, this exceptional five-bedroom, 3.5-bath home is set on 100 feet of split lakefront in desirable Penn Cove. Featuring a coveted Type A dock permit, lakeside fire pit and pavilion, and easy shoreline access, the property is designed to embrace lake living in every season. Set on a generously sized lot with abundant parking, oversized multi-car garage with interior access, usable backyard, wooded walking paths, and nearby UTV and snowmobile trails, the setting offers a rare balance of privacy and recreation. Inside, natural light fills the home, where hardwood floors, cathedral ceilings, wood-burning fireplaces, and open-concept living spaces create warmth and character. A flexible layout with multiple living areas offers room for gathering, multi-generational living, or separate guest quarters, with potential for vacation rental use. Minutes from Pawn Run, downtown Oakland, and a short drive or boat ride to Wisp Resort, restaurants, and shopping, this is a rare opportunity to own a legacy property designed for making memories for generations.
Getting Around
Car-Dependent
Very Limited Transit
Somewhat BikeableSchools
Construction
Condition
- Property condition: Very Good
- Year built: 1977
Materials
- Foundation: Block
- Roof: Metal
- Construction materials: Frame,Brick
Type & Style
- Home type: SingleFamily
- Architectural style: Traditional
- Property subType: Single Family Residence
Interior
Appliances
- Appliances included: Dryer,Oven/Range - Electric,Refrigerator,Washer,Electric Water Heater
- Laundry features: Main Level,Laundry Room
Basement
- Has basement: Yes
- Basement: Connecting Stairway,Garage Access
Bedroom1
- Features: Flooring - HardWood
- Level: Main
- Area: 72
- Dimensions: 8 X 9
Bedroom2
- Features: Flooring - Carpet
- Level: Main
- Area: 96
- Dimensions: 8 X 12
Bedroom3
- Features: Flooring - Carpet
- Level: Upper
- Area: 48
- Dimensions: 6 X 8
Bedroom4
- Features: Flooring - Carpet
- Level: Upper
- Area: 72
- Dimensions: 8 X 9
Bedroom5
- Features: Flooring - Carpet
- Level: Upper
- Area: 90
- Dimensions: 9 X 10
Bedrooms & Bathrooms
- Bedrooms: 5
- Bathrooms: 4
- Full bathrooms: 3
- 1/2 bathrooms: 1
- Main level bathrooms: 3
- Main level bedrooms: 2
Den
- Features: Flooring - HardWood
- Level: Main
- Area: 64
- Dimensions: 8 X 8
Family Room
- Features: Flooring - HardWood
- Level: Upper
- Area: 252
- Dimensions: 12 X 21
Features
- Entry Level Bedroom,Floor Plan - Traditional,Wood Ceilings,Dry Wall
- Flooring: Carpet,Slate,Wood
- Number of fireplaces: 1
- Fireplace features: Wood Burning
- Fireplace: Yes
- Finished area below ground: 0
- Finished area above ground: 2,832
Heating & Cooling
- Heating features: Wall Unit,Electric
- Cooling features: Ductless,Electric
Interior Area
- Total structure area: 4,080
- Total interior livable area: 2,832 sqft
Kitchen
- Features: Flooring - Slate
- Level: Main
- Area: 143
- Dimensions: 11 X 13
Laundry
- Features: Flooring - Slate
- Level: Main
- Area: 30
- Dimensions: 5 X 6
Living Room
- Features: Flooring - HardWood
- Level: Main
- Area: 325
- Dimensions: 13 X 25
Other
- Features: Flooring - Slate
- Level: Main
- Area: 182
- Dimensions: 13 X 14
Sitting Room
- Features: Flooring - HardWood
- Level: Upper
- Area: 221
- Dimensions: 13 X 17
Property
Accessibility
- Accessibility features: None
Details
- Parcel number: 1218025736
- Zoning: LR
- Special condition: Standard
Features
- Levels: Three
- Stories: 3
- Pool features: None
- Patio & porch: Deck
- Has view: Yes
- View description: Mountain(s),Water
- Has water view: Yes
- Water view: Water
- On waterfront: Yes
- Waterfront features: Private Dock Site,Boat - Powered,Canoe/Kayak,Fishing Allowed,Limited hours of Personal Watercraft Operation (PWC),Sail,Swimming Allowed,Waterski/Wakeboard,Lake
- Waterbody name: Deep Creek Lake
- Frontage length: Water Frontage Ft: 100
Lot
- Lot size: 0.76 Acres
Parking
- Total spaces: 1
- Parking features: Garage Faces Front,Attached,Driveway
- Has garage: Yes
- Attached garage spaces: 1
- Covered spaces: 1
- Has uncovered spaces: Yes
Climate Risk is Financial Risk
Every home has a financial story beyond the listing price. Below, you’ll see the climate risks that could affect this property — and in Bills & Affordability, how those risks may influence repairs, insurance, utilities, and long-term value.
Biggest Threats for This Home
- Winter Weather
- Hail
- Lightning
- Strong Wind
How This Home’s Risks Compare
FEMA Declared Disasters Across Maryland Counties
Understanding the Costs
Financial advisors generally recommend spending no more than 30% of your gross household income on housing costs. In practice, many households stretch to 35% or beyond — especially in high-cost markets.
Estimated Costs Today
| Monthly | Annual | |
|---|---|---|
| Mortgage | $7,079 | $84,948 |
| Home Insurance * | $282 | $3,384 |
| Property Taxes | $1,331 | $15,972 |
| Electricity | $360 | $4,329 |
| Total | $9,052 | $108,624 |
Income You'd Need if You Spent...
Maryland FAIR Plan Programs
How Costs Could Change Over Time
Climate risk is quickly impacting all of the major home ownership costs. Adjust the growth rates and percentage of income spent on housing below to see how your housing costs could change over the next 10 years — and what income you'd need to keep up.
Comparing Against the Market
Price Per Sq Ft
vs Other Active Listings
Avg $/sqft
vs Homes Sold Last Month
Median $/sqft
Current Market Trends
Median Price Per Square Foot
The median price per square foot of homes sold in this area each month. Compare this to this listing's price per square foot to gauge whether the home is priced in line with recent sales.
Historicals for This Listing
Zestimate History ($/sqft)
Price History
| Date | Event | Price |
|---|---|---|
| 2026-04-23 | Listed for sale | $1,400,000 |
For Sale by Agent
View on Zillow