Ranch/Rambler, Cabin/Lodge, Chalet, Craftsman, Colonial
1240 BOY SCOUT ROAD
OAKLAND , MD 21550
MLS#: MDGA2008536
$4,250,000
Property
Beds
7
Full Baths
5
1/2 Baths
2
Year Built
1996
Sq.Footage
5,695
Welcome to Double Eagle Ranch — quite possibly the most beautiful property in Garrett County. This iconic 50-acre estate is set in the heart of Deep Creek Lake and includes its own deeded waterfront parcel with a brand-new dock, giving you private lake access just minutes from the property. Rarely does an offering combine such incredible privacy, natural beauty, and income-producing potential in one place. The estate features two remarkable homes with a proven rental history generating over $120,000 annually in gross income. The main Aspen-style residence was thoughtfully crafted by the current owners with timeless details such as hand-scraped hardwood floors, plaster walls, three fireplaces, and expansive windows that frame breathtaking views. The home includes five bedrooms, multiple gathering spaces, a gourmet kitchen, a game room, and a spacious mudroom with a dog wash station — all designed for comfort and entertaining. A second dwelling, known as The Bunkhouse, provides an additional income stream or the perfect setup for multi-generational living, guests, or retreats. Together, the two homes create a turn-key opportunity to generate income that can significantly offset ownership costs while still enjoying the privacy and beauty of this extraordinary estate. The land itself is nothing short of spectacular. Rolling fields, wooded trails, and five stocked fishing ponds create a landscape that is both usable and serene. The property also includes multiple barns and outbuildings, RV hookups, and ample parking, making it ideal for hosting events, weddings, or retreats. For the visionary buyer, the investment potential extends even further: the property spans two parcels totaling nearly 50 acres, with the possibility to develop up to seven additional homes. Double Eagle Ranch is more than a home — it’s an opportunity. Whether you envision it as a private retreat, a family compound, or an income-generating estate with multiple streams of revenue, this property offers the best of both worlds: acres of privacy and beauty, plus the financial upside of established rental history and future development potential. With unmatched natural beauty, prime lake access, and a proven income model, this is a once-in-a-lifetime chance to own one of Deep Creek Lake’s most iconic legacy properties. 50 Year Architectural Shingle Roof '21! Filtered and Oxidized Water! Instant Hot! 250+ Electric! The entire farm is wired for a generator! Septic Expanded and Updated in '22!
Features & Amenities
Interior
-
Other Interior Features
Ceiling Fan(s), Kitchen Island, Recessed Lighting, Walk-In Closet(s), Vaulted Ceiling(s), Cathedral Ceiling(s), High Ceilings, Beamed Ceilings, Built-in Features, Soaking Tub
-
Total Bedrooms
7
-
Bathrooms
5
-
1/2 Bathrooms
2
-
Above Grade Finished Area
5695.0
-
Basement YN
NO
-
Cooling YN
YES
-
Cooling
Central Air, Ceiling Fan(s), Electric
-
Fireplace YN
YES
-
Heating YN
YES
-
Heating
Exhaust Fan, Electric, Propane, Heat Pump
-
Main Level Bedrooms
7
-
Pet friendly
N/A
Exterior
-
Garage
Yes
-
Garage spaces
6
-
Construction Materials
Frame
-
Other Exterior Features
Lighting, Storage
-
Parking
Oversized, Garage, Driveway, Covered, Attached, Detached
-
Patio and Porch Features
Deck, Patio, Porch
-
Pool
Yes
-
Pool Features
None
-
Waterfront YN
NO
-
View
Mountain(s), Water, Panoramic, Pasture, Pond, Trees/Woods, Scenic
Area & Lot
-
Lot Features
Private
-
Lot Size(acres)
47.83
-
Property Type
Residential
-
Property Sub Type
Single Family Residence
-
Architectural Style
Ranch/Rambler, Cabin/Lodge, Chalet, Craftsman, Colonial
Price
-
Sales Price
$4,250,000
-
Tax Amount
$11,266
-
Sq. Footage
5, 695
-
Price/SqFt
$746
HOA
-
Association
No
School District
-
Elementary School
N/A
-
Middle School
N/A
-
High School
N/A
Property Features
-
Accessibility Features
Therapeutic Whirlpool
-
Association Amenities
Boat Dock, Boat Slip
-
Senior Community YN
NO
-
Sewer
Septic Tank
-
Tax Lot
000I
-
Water Source
Well
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Location
County
GARRETT
Elementary School
Middle School
High School
Listing Courtesy of Charlotte Savoy , The KW Collective
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The Wolfe Team- Team Leader
Ron & Tonya Wolfe
Call Ron & Tonya today to schedule a private showing.
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