Back 202 Penelacre Lane
Off Market

202 Penelacre Lane

Oakland MD 21550

3
2
6
1648 sq. ft.
20908.8 sq. ft.
Single-Family
Last sold for $975,000
Justin LillerJustin Liller, last sold this property on 24 November 2025 after 62 days on market.

Overview

Welcome to 202 Penelacre Lane – a rare opportunity to own 97 feet of serene lakefront on one of Deep Creek Lake’s most sought-after roads. Nestled on a flat, easily accessible lot, this 3-bedroom, 2-bathroom home offers effortless one-level living and a front-row seat to Western Maryland’s four-season beauty along with a Type-A dock permit. Inside, you’ll find a spacious open-concept kitchen, dining, and family room area that’s perfect for entertaining or cozy nights in. Wake up to the peaceful sounds from the lake with your private lakefront sunroom — an ideal spot for your morning coffee or a relaxing evening with friends. A detached two-car garage adds convenience and storage, especially during the snowy winters. And with public sewer in place, this property is ripe with expansion potential — whether you're dreaming of a larger home or a modern renovation. Located in the heart of the Deep Creek Lake watershed, you’ll be just minutes from Wisp Resort for skiing and snowboarding, the ASCI whitewater course, and the championship Lodestone Golf Course. Whether you’re looking for a peaceful weekend getaway or a full-time lakefront lifestyle, 202 Penelacre Lane offers unmatched location, comfort, and potential. Don’t miss your chance to own a slice of Deep Creek Lake paradise.

Features

3 bedrooms
2 bathrooms
6 carspaces
2 garage spaces
1648 sq. ft. floor area
20908.8 sq. ft. lot size
Single-Family

Estimated Value

Based on this property and similar 3 bedroom single-family properties sold in Oakland over the last 12 months, the estimated median property value of 202 Penelacre Lane is $300.46k.

Median value
$300.46k
Estimated value range
$30k - $1.43m
Median days on market
29
Estimated value trend
7%
increase over the last 12 months
Average days on market is based on recent, comparable sales in Oakland. It is only an indication of the time a property is actively listed and should not be relied upon as an accurate representation of how soon a property will be sold.

Property history for 202 Penelacre Lane

2025
Sold
$975,000
24 Nov 2025 by Justin Liller, of Railey Realty, Inc.

Happy sellers in Oakland

87%
87% of sellers in Oakland reported that their sale price either exceeded or met their price expectations.

Oakland stands out for consistently delivering exceptional satisfaction and strong market results for homeowners.

This is based on voluntary sentiment collected from 3 reviews in Oakland over the last 12 months.

Local market activity for 3 bedroom single-family properties in Oakland

In the last 12 months, 61 three-bedroom single-family properties similar to 202 Penelacre Lane, have been sold.

This represents a 11% increase in three-bedroom single-family properties sales when compared to the previous 12 months.

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