By: Mike Kennedy December 19th, 2008 Category: Deep Creek Lake Market Update, Deep Creek Lake Real Estate, Wisp Real Estate

The time period between Thanksgiving and Christmas is historically a slow period for the Deep Creek Lake and Garrett County real estate market. Most potential buyers are usually focused on the upcoming holidays and not purchasing a vacation home. However, the past few weeks has seen the following higher priced properties go under contract.

1038 South Blakeslee Drive - listed for $1,149,000. 5 bedroom lakefront house located in the Blakeslee subdivision on the southern end of the lake. Boat slip is located adjacent to and in front of this property.

1088 Thousand Acres Road - listed for $875,000. 3 bedroom lakefront log home with a private Type A boat dock.

86 Moorings Way - listed for $665,000. This house is a custom 3 bedroom lake access house built in 2004 with wonderful views of the southern end of the lake. Plus, the deeded boat slip is within walking distance of the house - which is located in the neighborhood known as Hickory Ridge.

123 Kendall Camp at Wisp - listed for $999,000. Four bedroom ski-in/ski-out town home built in 2006. True ski slope access at the top of the Main Street slope and easy access to chairlift 4.

Will this level of dollar volume continue into the New Year? No one knows for sure but it is a positive sign. This market has certainly experienced a drop in activity over the past few years - no one will argue that - but the important thing is that real estate values have held their ground (no pun intended) around Deep Creek Lake during this national economic slowdown. Once again our lakefront and lake access markets continue to show their strength when other areas are experiencing significant decreases in values.

Coincidentally, Railey Realty is representing the buyer on 3 of the 4 properties listed above - plus 3 of the 4 properties were Railey Realty listings. If you are thinking about selling your Garrett County or Deep Creek Lake vacation property please contact us - our marketing program and sales team has proven themselves to be the most effective in the area - usually resulting in our brokerage selling about 60% of all homes and lots in the Deep Creek Lake area year after year.

By: Mike Kennedy November 1st, 2008 Category: Deep Creek Lake Real Estate

Bill Franklin, owner/developer, of the Thousand Acres at Deep Creek Lake real estate development and new golf course community provided us with another update on how the project is progressing thus far. Here is a synopsis of some of his comments he provided;

The front nine has been finished and several of the greens and fairways have been mowed several times now.  The practice range is near completion but it will probably be next spring before any good grass growth occurs there.  The cart paths have been installed with a base layer of stone and we have a golf cart on site for anyone who would like to take a tour. HOA members will have access to the HOA grounds along the lake with a swimming area, walking paths, and hand launching of small boats (canoes, kayaks, etc). The colors this fall were very nice and we had some great weather to go along with the colors.

You can always goto www.thousandacresgolf.com for further info.

Enjoy the pics and we are looking to open the front nine next summer.

Railey Realty also now has 6 new golf course building lots currently listed for sale at Thousand Acres;

• Lot 21 Crows Point Road       $198,000
• Lot 1 Thousand Acres Road   $193,000
• Lot 8 Crows Point Road         $191,000
• Lot 5 Thousand Acres Road   $190,000
• Lot 31 Crows Point Road       $158,500
• Lot 24 Poland Heights Lane   $140,000

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By: Mike Kennedy September 12th, 2008 Category: Community Profiles, Deep Creek Lake Real Estate

Recently, Bill Franklin, developer of the Thousand Acres at Deep Creek Lake community, sent us an update on the progress of the newest planned golf course in Garrett County and real estate subdivision.

• The front nine holes will be completed in fall 2008 and are scheduled to open in the spring of 2009. The back nine holes are scheduled to open later in 2009.
• Holes 3, 4, 5, 6, and 9 have been sodded around the greens, bunkers, and tees.
• Bill also reports they have been very careful not to impact any of the wetland areas - there are 8 small bridges that cross streams and wetlands. The only disturbance of those wetlands is those bridge posts.
• Fairway and rough seeding is ongoing along with clearing and grubbing, moving dirt, installing golf course drainage and irrigation, building roads and storm water structures, building the irrigation pond, and all the other stuff that goes into building a golf course

We are hopeful in the very near future that Railey Realty will have 5 new building lots and home sites for sale in the Thousand Acres at Deep Creek Lake subdivision. For more information on this premier second home and four season mountain retreat community please visit www.thousandacresgolf.com.