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3 Beds
4 Baths
1,858 sqft

$465,000

256 JEFFREY LANE Unit: 28, OAKLAND MD, 21550

Price per sqft$250.27
Built in2004
Property size1,858 sqft
Property typeTownhomes

Overview

Active

Active-bright

Listed Nov 8, 2026

Updated 46h ago

LAKE VIEWS, PRIME LOCATION & SELLER-PAID 2/1 INTEREST RATE BUYDOWN! Welcome to 256 Jeffrey Lane at Traders Landing, perfectly situated in the heart of Deep Creek Lake! This front-row, 3-bedroom, 3.5-bath condo offers beautiful lake views, an inviting floor plan, and the perfect combination of vacation getaway, investment opportunity, or year-round living. Featuring two spacious primary suites, a mostly level entry, central A/C, and a beautifully renovated kitchen with quartz countertops and stainless steel appliances, this property is designed for comfort and convenience. The open living area features a cozy gas fireplace, while the finished lower level provides additional living and entertaining space. Step outside to enjoy the spacious lakeside deck and patio, perfect for relaxing after a day on the lake or slopes. An outdoor storage shed, two dedicated parking spaces, and a huge overflow parking lot provide plenty of room for guests and an outdoor storage area too! Looking for rental potential? With projected gross vacation rental income of $36,000 to $51,000 annually, this property offers an exciting opportunity to enjoy your own lake getaway while potentially offsetting ownership expenses. Whether you're looking for a personal retreat, investment property, or a little of both, this one checks all the boxes! One of the biggest advantages of Traders Landing is the low-maintenance lifestyle! The condo association takes care of snow removal, trash service, lawn care, and common area maintenance, leaving you more time to enjoy the lake. And the location couldn't be better! Walk to the lake, Brenda's Pizzeria, Trader's Coffee House, High Mountain Sports, and nearby shopping, dining, and recreation. Just minutes from Wisp Resort, marinas, golf, and all the four-season activities that make Deep Creek Lake such a special destination. With beautiful lake views, an unbeatable walkable location, strong rental potential, and a seller-paid 2/1 interest rate buydown and no-cost refinance to help reduce your initial monthly payments, this is an opportunity you won't want to miss! Call today for your private showing and details!

$3,094/mo

Est. mortgage payment based on a $465,000 home price.

All estimates are provided by Luxury Presence for informational purposes only. Actual amounts may vary.

Additional information

MLS® ID
MDGA2013126

Interior Features

Bedrooms
3
Bathrooms
4
Fireplace
Yes
Cooling
Yes
Heating
Yes
Basement
Yes

Other Property Details

Taxes
$4,561
Tax Frequency
Annually
Secondary Association Fee
$340
Secondary Association Fee Frequency
Monthly
View
Yes
55+/Senior Community
No
MLS provider logo

Listed by The KW Collective
Listing Contact: 4432128969 

The IDX display contains information sourced from the Bright MLS, Inc. as of 11/11/2026. This data is intended solely for personal, non-commercial use and is not to be utilized for any other purposes except to identify potential properties for purchase. Although the MLS data displayed is typically considered reliable, it is not guaranteed to be accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and are advised to conduct their own investigations or seek professional assistance. Other sources besides the Listing Agent may have contributed to the MLS data presented. Unless expressly specified in writing, the Broker/Agent has not confirmed any information obtained from external sources. The Broker/Agent may or may not have acted as the Listing and/or Selling Agent and cannot guarantee the accuracy of property locations displayed on any map. Any compensation offers are solely made to participants of the MLS where the listing is registered.

©2026 Bright MLS, Inc. all rights reserved.

Data last updated on 11/11/2026 at 1:36 AM UTC

 

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