Posts Tagged ‘Lakefront Real Estate’

Lakefront Home Sells for $3.5 Million at Deep Creek Lake

Mike Kennedy By: Mike Kennedy
mkennedy@railey.com
301-616-6106
June 11th, 2010
Category: Deep Creek Lake Buyer Info, Deep Creek Lake Market Update, Deep Creek Lake Real Estate, News

Railey Realty is proud to announce its participation as the listing broker in the highest lakefront residential sale recorded at Deep Creek Lake. The upscale, nearly 14,000 square foot home when finished, was recently sold for $3.5 million. The home was built in 2007 and is located in the Reserve at Holy Cross which is a private lakefront/lake access community. The property features stunning, unobstructed views of Deep Creek Lake from most rooms, 4 bedrooms, 3 full baths, nearly every upgrade you could imagine in a high-end home, and a boat dock permitted for 3 power boats. The couple who purchased this home is from the Pittsburgh area and plan on using it as a vacation home.reserve_at_holy_cross_deep_creek3

This is the first sale over $3 million at Deep Creek Lake and is the highest sold price for a residential property since 2007, when another lakefront house in The Reserve at Holy Cross sold for $2.8 million.

If you are thinking about buying or selling lakefront property on Deep Creek Lake, give us a call or send us an e-mail. As Deep Creek’s leading real estate brokerage, we can assist you with all your real estate needs.

DNR To Step Up Conservation Easement Enforcement on Deep Creek Lake Buydown Parcels

Mike Kennedy By: Mike Kennedy
mkennedy@railey.com
301-616-6106
July 30th, 2008
Category: Deep Creek Lake, Deep Creek Lake Real Estate, News

Deep Creek Lake Manager Carolyn Mathews recently announced the DNR’s intention to address a number of easement violations through court action. Most cases involve alleged illegal dumping or fill on the buydown parcel. The cases are a civil matter and action will be through circuit court.

Ms. Mathews reported that they are experiencing an increasing number of cases involving improper construction of drains, pipes and improvements that are prohibited by the DNR’s easement. The Office of the Attorney General will represent the DNR in court.

If you own lakefront real estate at Deep Creek Lake please note this may affect you. DNR does go around and makes period checks of the buffer strip and buydown parcel in between your house and the water. Any improvements or cutting on the buffer strip or buydown parcel need to be approved first by DNR. The conservation easement placed on the buydown parcel is very prohibitive and all DNR guidelines should be followed.