Archive for January, 2011

Railey, Deep Creek Lake, and Wisp Featured in TV Episode

Mike Kennedy By: Mike Kennedy
mkennedy@railey.com
301-616-6106
January 27th, 2011
Category: Community Profiles, Deep Creek Lake, Deep Creek Lake Activities, Deep Creek Lake Area Things To Do, Vacation Rentals, Wisp Ski Resort

Sonya Lowery’s World Next Door TV recently featured a TV episode about Deep Creek Lake and the Wisp Ski Resort. The video crew and host stayed in a rental house located on the lake that is managed by Railey Mountain Lake Vacations.

The episode features all the fun, great wintertime family activities in the Deep Creek and Garrett County resort market - skiing and snowboarding at Wisp Ski Resort, snowmobiling, snow tubing at Bear Claw Tubing Park, the mountain roller coaster, dining in or out, and relaxing with your friends and family after a long day of playing outside. The video also shows Muddy Creek Falls, Maryland’s largest natural waterfall.

The rental house in the video is called Timber Lodge located at 773 Glendale Road. This house features an indoor pool and 9 bedrooms! Railey Realty was both the listing and selling broker for this house when it sold in 2003.

As Deep Creek’s leading real estate brokerage, we have the largest selection of Deep Creek Lake vacation and second homes for sale. Give us a call, stop in our office, or send us an e-mail to schedule a time to see any houses for sale and real estate in the Deep Creek Lake area.

New Legislation Proposed for Garrett County Windturbines and Deep Creek Property Markers

Mike Kennedy By: Mike Kennedy
mkennedy@railey.com
301-616-6106
January 25th, 2011
Category: Uncategorized

Delegate Wendell Beitzel recently proposed two new pieces of legislation that protect Garrett County and Deep Creek Lake property owners.

garrett_county_windturbines1House Bill 116 gives the Garrett County Commissioners the authority to enact ordinances in Garrett County regarding setbacks and decommissioning of wind turbines. Oddly enough, no such authority currently exists to protect property owners and neighboring properties in Garrett County. There is certainly a need for this type of legislation as more turbines are planned in different parts of the county.

Delegate Beitzel also proposed legislation that increases the penalty for interfering with Deep Creek property monuments that mark the boundary between property lines and the state owned lakefront buffer strip. Many of these monuments have been moved or tampered with over the years. The  bill increases the penalty up to $2,500.

We are actively involved and closely monitor issues that impact Garrett County and Deep Creek Lake property owners. If you have any questions or comments on how this or any other issue may affect your property, please feel free to contact us at (800) 544-2425 or send us an e-mail. We will keep you updated on these issues as they develop.

WSJ Reports Vacation Home Markets On The Rise

Mike Kennedy By: Mike Kennedy
mkennedy@railey.com
301-616-6106
January 14th, 2011
Category: Deep Creek Lake Buyer Info, Deep Creek Lake Market Update, Deep Creek Lake Real Estate, Garrett County Real Estate, News, Wisp Real Estate

The Wall Street Journal recently reported that vacation home markets are on the rise. While the article does not mention the Deep Creek Lake real estate market, it does mention other resort markets and reports some similar things that have recently happened in our market.

  • Sales are up slightly
  • A few record sales - Deep Creek experienced a record lakefront house sale at Holy Cross for $3.5 in 2010.
  • Cash buyers who are getting good deals
  • More accurate pricing by sellers

Now is still a great time to purchase a second or vacation home in the Deep Creek Lake area. Interest rates are still low, good deals can be had with plenty of properties to choose from, and unlike other resorts we do have year round activities with the lake and Wisp Ski area.  Contact us for a complete list of all available properties - or a list of the current “best buys” in our market.