1240 Boy Scout Rd

Oakland, MD 21550
  • $4,390,000

    Price
  • 7

    Bed
  • 6

    Bath
  • 5,695

    SqFt

About the Listing KWR55 - 62670

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!

Listing Highlights for 1240 Boy Scout Rd

Status Active
Days on Site 347
Property Type Residential
MLS ® MDGA2008536
Year Built 1996
Total Square Footage 5,695
Lot/Acreage 47.83
County Garrett
Neighborhood Deep Creek Lake

Interior Details

  • Bedrooms: 7
  • Bathrooms: 5 Full / 2 Half
  • Appliances: Built-In Microwave, Cooktop, Dishwasher, Disposal, Dryer, Exhaust Fan, Oven - Wall, Refrigerator, Stainless Steel Appliances, Washer
  • Air Cond: Central A/C,Ceiling Fan(s)
  • Heating: Heat Pump(s)
  • Fireplaces: 3, 3 Fireplaces
  • Floor: Carpet,Ceramic Tile,Hardwood,Tile/Brick,Wood
  • Above Ground Sq Ft: 5695
  • Below Ground Sq Ft: 0
  • Basement:
  • Other: Attic,Bathroom - Soaking Tub,Bathroom - Walk-In Shower,Breakfast Area,Built-Ins,Carpet,Ceiling Fan(s),Dining Area,Efficiency,Entry Level Bedroom,Exposed Beams,Family Room Off Kitchen,Formal/Separate Dining Room,Kitchen - Gourmet,Kitchen - Island,Primary Bath(s),Recessed Lighting,Upgraded Countertops,Walk-in Closet(s),Water Treat System,WhirlPool/HotTub,Wood Floors,Main Floor Bedrooms: 7
  • Water: Well

Exterior Details

  • Lot Description: Additional Lot(s),Backs to Trees,Fishing Available,Landscaping,Pond,Premium,Private,Road Frontage,Subdivision Possible,Not New Construction,Horse Property: Yes
  • Garage Capacity: 6 car
  • Parking Spaces: 26
  • Zoning: RESIDENTIAL, AGRICULTURAL
  • Roof: Architectural Shingle
  • Others: Extensive Hardscape,Hot Tub,Outbuilding(s),Secure Storage,Stone Retaining Walls,Exterior Lighting,Boat Dock/Slip,Pier/Dock Maintenance
  • Sewer: Septic Exists
  • Parking Features: Additional Storage Area,Covered Parking,Garage - Front Entry,Oversized,Attached Garage,Detached Garage,Driveway,4+ Spaces,3+ Spaces,2+ Spaces,1+ Spaces

Financial Details

  • Tax Amount: $11,266
  • Taxes w/Assessments: N/A
  • Tax/Property ID: N/A
  • Tax Year: 2024

Payment Calculator

Monthly Payment

  • in Principal and Interest
  • in Taxes
Years
% Down Payment
% Mortgage Rate

Listing Location

Questions About..

1240 Boy Scout Rd Oakland, MD 21550

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

Never Miss A New Property

Get notified any time there's a new home on the market in this neighborhood!

Don't worry! We'll never spam you or sell your details. You can unsubscribe whenever you'd like.

Originating MLS: BRIGHT_MAIN

home

Are you buying or selling a home?

Buying
Selling
Both
home

When are you planning on buying a new home?

1-3 Mo
3-6 Mo
6+ Mo
home

Are you pre-approved for a mortgage?

Yes
No
Using Cash
home

Would you like to schedule a consultation now?

Yes
No

When would you like us to call?

Thanks! We’ll give you a call as soon as possible.

home

When are you planning on selling your home?

1-3 Mo
3-6 Mo
6+ Mo

Would you like to schedule a consultation or see your home value?

Schedule Consultation
My Home Value

or another way