Betsy Spiker Holcombbetsy@deepcreeksales.com301-616-5022
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Deep Creek Early Summer Events

Deep Creek early summer events are kicking off everyone’s favorite season with plenty of fun! There are tons of ways to enjoy the beautiful weather with family and friends. Many are old favorites, but there are some new options too!

Deep Creek Early Summer Events

Deep Creek Farmers MarketNEW
Fridays through September 2, 3-7PM
The area’s newest farmers market takes place at Garrett College every Friday. In addition to local produce, you can also find honey, pottery, and baked goods.

Accident 4th of July Parade
Monday, July 4, 11AM
Bring the family to Accident for some small town Independence Day fun!

Fire on the Mountain Fireworks Display
Monday, July 4, About 9PM, McHenry
Fireworks launched from the top of the tubing hill at the Mountain Park at Wisp Resort out toward the waters of Deep Creek Lake. Viewing spots include the scenic overlook on Rt. 219, McHenry Cove on Deep Creek Lake and businesses in McHenry.

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1544 Stockslager Road – New Listing at Deep Creek Lake

1544 Stockslager Road is one of my newest listings at Deep Creek Lake. It presents an incredible opportunity to own lake front property. The setting is truly picturesque.

1544 Stockslager Road

About 1544 Stockslager Road

A true highlight of this home is the waterfront. It boasts a sprawling 192′ of lakefront that you can enjoy with family and friends. Plus, it has a private dock in a quiet spot that is ideal for swimming and fishing. The Stockslager Community features a 2 mile walking trail that winds along the lakefront.

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34 Carmel Lane – New Listing in Swanton, MD

34 Carmel Lane is a gorgeous lakefront home that was just listed at Deep Creek Lake. It is my pleasure to share the details of such a well-kept property.

34 carmel lane

About 34 Carmel Lane

Located in the Carmel Cove community, 34 Carmel Lane includes 5 bedrooms and 3.5 baths.

The spacious interior has three levels of living space. Granite countertops and a large center island highlight the well-planned kitchen. The open floor plan is ideal for entertaining family and friends. Numerous windows bring in beautiful Deep Creek Lake views in nearly every room.

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248 Markwood Drive: New Lising in Oakland, MD

248 Markwood Drive was just listed! This is a truly stunning property that offers you a piece of paradise. It is within minutes from Deep Creek Lake and downtown Oakland.

248 markwood drive

About 248 Markwood Drive

Situated on 14.18 acres, this location is picturesque from the moment you pull in the driveway. It is surrounded by state forest land and overlooks a private community lake.

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The beautiful brick home has four bedrooms along with two full and two half baths. It has been immaculately kept inside and out. The light-filled open floor plan is ideal for spending time with family. You will love the large kitchen with a center island.

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244 Moonrise Drive: New Listing at Deep Creek Lake

244 Moonrise Drive is a spectacular new listing at Deep Creek Lake! This stunning lakefront home has all the bells and whistles. Plus, it was designed with vacation rental success in mind.

244 Moonrise Drive

About 244 Moonrise Drive

Offer six bedrooms and five and a half baths, this spacious chalet is located in the popular Waterfront Greens community. It has 150 feet of lakefront for your enjoyment. That includes a maintained path leading to the water and kayak racks.

The focal point of the outdoor living space is the private outdoor pool. It is easy to imagine splashing and playing with family and friends. There is also an expansive deck, a hot tub, a horseshoe pit, and a fire pit.

Inside, the spacious interior has an open floor plan on the main level. The great room is highlighted by a floor-to-ceiling stone fireplace and a wall of windows. The kitchen has recent updates that include granite counters. There is new LVT flooring throughout the main and lower level living areas as well.

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Tax Benefits for Second Home Owners

Tax benefits should be considered if you are thinking about buying a second home at Deep Creek Lake. I put together a list of a few tax breaks, but you should always consult a tax professional for verification of specific terms and tax benefits since every situation is unique.

tax benefits

1.) Mortgage Interest is deductible up to $750,000 in combined total mortgages. 

2.) Home Improvements – you can deduct interest on a home equity or line of credit (there will be limits).

3.) You can deduct your second home property taxes up to $10,000/year for all state and local taxes.

4.) If you rent for 14 days or less over the course of the year, that rental income is tax free with no limit on what you can charge. 

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Winter 2021 at Deep Creek Lake

Winter 2021 has been absolutely incredible at Deep Creek Lake! Conditions for winter sports have been amazing. Lots of snowfall and cold temps have made our area an absolute winter wonderland.

winter 2021
Wisp Resort February 7

Winter 2021 Weather

Nearly every week throughout January and February, we saw snowfall. There were storms right before MLK and President’s Day weekends that brought fresh powder for skiers. It was not unusual to have 8-10 inches dropped on the area several weeks in a row. Wisp Resort is reporting 109 inches for the season so far. Temperatures are warming up a bit as we head into March, but Garrett County winters shouldn’t be underestimated.

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Tips for Buying a Deep Creek Lake Home in a Seller’s Market

seller's market

Right now, it is a seller’s market at Deep Creek Lake. What exactly does that mean? Here’s how Rocket Mortgage defines it: “A seller’s market arises when demand exceeds supply. In other words, there are many interested buyers, but the real estate inventory is low. Since there are fewer homes available, sellers are at an advantage. In a seller’s market, homes sell faster, and buyers must compete with each other in order to score a property.”

The pandemic created a surge in interest in the lake and mountain lifestyle. Our area is rural in nature with a lower population density. This makes social distancing easier. Also, more and more people are able to work remotely. Even after the pandemic subsides, remote will likely remain as a preferred work style.

This high demand is being met with historically low inventory. Right now, available lake area homes are very limited. Offers are being made sight unseen, and we are also seeing multiple offer situations.

If you are interested in Deep Creek Lake homes for sale, there are a few things you can do to better position yourself in a seller’s market.

Buyer Tips for a Seller’s Market

Get Pre-approved
Give the seller confidence that you are a qualified and motivated buyer. Getting pre-approved verifies your ability to afford a home loan for a specific amount. It shows financial security and gives the seller peace of mind that the sale will go smoothly.

Hire an Experienced Real Estate Agent
As your agent, I can give you a serious advantage when buying a home in a competitive market. With more than twenty years of experience, I have a proven track record in Deep Creek Lake real estate. I hear about listings as soon as they hit the market. In a seller’s market, things happen fast. I will keep you informed at all times.

Act Fast
In a seller’s market, a new listing can be snatched up within hours. That means you can’t always wait for a weekend showing. Whenever possible, make yourself available for showings. As your agent, I can also show you a listing via Facetime.

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Timberline Mountain – Reopened Under New Ownership

Timberline Mountain is just a little over an hour from Deep Creek Lake. It recently reopened for the 20/21 ski season under new ownership. The resort was purchased in 2019 by Perfect North Slopes, Inc. of Indiana.

Timberline Mountain

About Timberline Mountain

Previously known as Timberline Four Season Resort, Timberline Mountain is located at 254 Four Seasons Drive in Davis, West Virginia. It is located along the higher range of the Alleghany Mountainsa. The 4268-foot summit offers amazing views.

The resort is well known for wide slopes and varied terrain. It is also home to the southeast’s longest ski slope, Salamander. This is an easy two-mile beginner trail that winds down the mountain. There are plenty of intermediate trails as well. For the more advanced skier, there is dedicated tree skiing.

Recent Upgrades

A lot of exciting things have been happening at Timberline. Perfect North Slopes made $10-million of capital improvements. Most notable, are two new Doppelmayr chair lifts. One of which is a six person lift – the first in West Virginia – that can make it to the top of the mountain in just over four minutes. Additionally, they installed a new surface lift on a new beginners’ slope.

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565 Glendale Road #104B: New Listing at Deep Creek Lake

565 Glendale Road #104B is my newest listing at Deep Creek Lake! Located in the Suites at Silver Tree, it is a lakefront condo that is close to favorite restaurants and attractions.

565 glendale road

About 565 Glendale Road #104B

Currently listed at $164,000, this is an affordable option for lakefront living at Deep Creek. Plus, it is loaded with amenities!

This unit at the Suites at Silver Tree is on the ground level. It has one bedroom and one bath. The kitchenette has a full-sized refrigerator, a microwave, and a small dishwasher. A gas fireplace provides a warm ambiance in the living are that has windows with lake view.

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