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170 Cherrywood Dr, Oakland, MD, 21550

5beds
3baths
2,560sqft
$699,000
$273price/sqft
$4,577/moest. monthly cost
$183,080/yrincome needed

About This Home

Private Mountain Retreat on 8+ Acres Near Oakland Discover the peace and beauty of Garrett County living on over 8 private wooded acres filled with mountain views, abundant wildlife, and endless opportunities to enjoy the outdoors. Deer, turkey, songbirds, and other native wildlife are frequent visitors, creating a true nature lover's paradise. Conveniently located just minutes from Oakland's shops, restaurants, schools, and everyday amenities, this property offers the perfect balance of privacy and accessibility. Outdoor enthusiasts will appreciate the home's proximity to Wolf Den Run State Park, Deep Creek Lake, Potomac State Forest, Jennings Randolph Lake, and thousands of acres of public land. Enjoy hiking, fishing, boating, hunting, swimming, and over 50 miles of ORV trails, with street-legal UTV access directly from the neighborhood. This custom-built 4-5 bedroom, 3-bath home offers over 3,900 square feet of thoughtfully designed living space. Designed with flexibility in mind, the main level features two dedicated office spaces ideal for remote work, homeschooling, hobbies, guest accommodations, or future bedroom needs. The spacious eat-in kitchen showcases granite countertops, custom cabinetry, high-end appliances, a trash compactor, and generous gathering space for family and friends. Throughout the home, you'll find whole-house luxury vinyl plank flooring, oak stairs, a cozy wood-burning fireplace, a finished garage, and a walk-out basement with rough-in plumbing for a future full bathroom and exceptional expansion potential. Owners have invested extensively in quality upgrades and peace of mind, including a Generac backup generator, tankless hot water system, whole-house water filtration system, owned 1,000-gallon propane tank, upgraded fire sprinkler system, exterior security cameras, attic storage, and an additional storage building. Step outside to enjoy a covered front porch, expansive rear deck with automatic SunSetter awning, mature trees, and beautiful mountain views. Located within a laid-back HOA that allows chickens, this property offers a rare combination of acreage, privacy, modern amenities, and epic outdoor adventure. Whether you're seeking a full-time residence, a mountain getaway, or a future retirement retreat, this exceptional property delivers the best of Garrett County living. You may never want to leave after seeing this gem!

Getting Around

0
WalkingCar-Dependent
0
TransitVery Limited Transit
7
BikeSomewhat Bikeable

Schools

5/10
5/10
7/10
Swan Meadow SchoolGrades K-86.5 mi

Construction

Condition

  • Property condition: Excellent
  • Year built: 2022

Materials

  • Foundation: Slab
  • Construction materials: Frame

Other

  • Builder name: Jeff Haines

Type & Style

  • Home type: SingleFamily
  • Architectural style: Contemporary,Other
  • Property subType: Single Family Residence

Interior

Appliances

  • Appliances included: Tankless Water Heater

Basement

  • Area: 1360

Basement

  • Has basement: Yes
  • Basement: Sump Pump,Walk-Out Access,Other,Interior Entry,Heated,Improved

Bedrooms & Bathrooms

  • Bedrooms: 5
  • Bathrooms: 3
  • Full bathrooms: 3
  • Main level bathrooms: 1
  • Main level bedrooms: 2

Features

  • Number of fireplaces: 1
  • Fireplace features: Wood Burning
  • Fireplace: Yes
  • Finished area below ground: 0
  • Finished area above ground: 2,560

Heating & Cooling

  • Heating features: Forced Air,Heat Pump,ENERGY STAR Qualified Equipment,Propane,Wood
  • Cooling features: Central Air,Electric

Interior Area

  • Total structure area: 3,920
  • Total interior livable area: 2,560 sqft

Property

Accessibility

  • Accessibility features: None

Details

  • Parcel number: 1216023884
  • Zoning: R
  • Special condition: Standard

Features

  • Levels: Three
  • Stories: 3
  • Pool features: None
  • Has view: Yes
  • View description: Scenic Vista,Mountain(s)

Lot

  • Lot size: 8.05 Acres
  • Features: Rural

Parking

  • Total spaces: 2
  • Parking features: Garage Faces Side,Garage Faces Front,Inside Entrance,Oversized,Storage,Attached,Driveway
  • Has garage: Yes
  • Attached garage spaces: 2
  • Covered spaces: 2
  • 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

  • Lightning
    LightningRelatively High
  • Winter Weather
    Winter WeatherRelatively High
  • Cold Wave
    Cold WaveModerate
  • Drought
    DroughtModerate
  • Hail
    HailModerate
  • Strong Wind
    Strong WindModerate

How This Home’s Risks Compare

Lightning
Winter Weather
Cold Wave
Drought
Hail
Strong Wind

FEMA Declared Disasters Across Maryland Counties

Winter Storm

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

MonthlyAnnual
Mortgage $3,534$42,408
Home Insurance *$141$1,692
Property Taxes $576$6,912
Electricity $326$3,913
Total$4,577$54,924
*Does not include cost of any FAIR Plan premiums

Income You'd Need if You Spent...

35% on housing$156,925/yr
40% on housing$137,310/yr
45% on housing$122,053/yr

Maryland FAIR Plan Programs

Maryland Joint Insurance Association

Covered
WildfireWildfire
HailHail
WindWind
Visit Website →
Current Policies
Residential: 678Commercial: 44
Total Premiums$854,000
Total Exposure$326.56M

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.

Insurance Growth Rate5-year average: 11.4%
11.4%
0%30.0%
Electricity Growth Rate10-year average: 8.1%
8.1%
0%15.0%
Property Taxes Growth Rate2-year average: -0.6%
-0.6%
0%15.0%
Income Spent on Housing
30%
30%45%

Comparing Against the Market

Price Per Sq Ft

$273This listing

vs Other Active Listings

Avg $/sqft

ZIP 21550$204
Garrett County$207

vs Homes Sold Last Month

Median $/sqft

ZIP 21550
Garrett County$257

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

DateEventPrice
2026-05-08Listed for sale$699,000
2026-04-29Contingent$699,000
2026-04-19Listed for sale$699,000
2021-01-21Sold$44,900
2020-12-14Pending sale$49,900
2020-12-14Listed for sale$49,900
2020-04-16Listing removed$49,900
2018-06-10Listed for sale$49,900

For Sale by Agent

AgentJay Ferguson
BrokerageTaylor-Made Deep Creek Real Estate, LLC

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