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1240 BOY SCOUT ROAD, OAKLAND, MD 21550
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$4,390,000
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Home Details for 1240 BOY SCOUT ROAD
Price
$4,390,000
Type
Single Family
Bedrooms
7
Total Bathrooms
7
Full Bathrooms
5
Half Bathrooms
2
Year Build
1996
Sq. Ft.
5695
Lot Size
47.83
County
GARRETT
Garage
6
Basement
Crawl Space
Tax
$11,266
MLS®️ Listing#
MDGA2008536
On exitrealty.com
274 days
Property Description
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!
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- House Interior
- 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
- Parking
- Oversized
- Garage
- Driveway
- Covered
- Attached
- Detached
- Heating Information
- Exhaust Fan
- Electric
- Propane
- Heat Pump
- Cooling Information
- Central Air
- Ceiling Fan(s)
- Electric
- Waterfront and Water Access
- Pond
- Lake
- Water Features
- Well
- Basement
- Crawl Space
Listing Courtesy: The KW Collective - 443-574-1600
The data relating to real estate for sale on this website appears in part through the BRIGHT Internet Data Exchange program, a voluntary cooperative exchange of property listing data between licensed real estate brokerage firms in which EXIT Realty participates, and is provided by BRIGHT through a licensing agreement. The information provided by this website is for the personal, non-commercial use of consumers and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Some properties which appear for sale on this website may no longer be available because they are under contract, have closed or are no longer being offered for sale. Information Deemed Reliable But Not Guaranteed. Copyright ©2025 Bright MLS. All rights reserved.
Last Updated: 2025-09-11 06:15:48
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$4,390,000
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7200 Wisconsin Ave, Suite 500 , Bethesda, MD 20814