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Marjorie Dick Stuart

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1240 Boy Scout Rd, OAKLAND, MD – $4,390,000

  • 7 Beds
  • 6 Baths
  • 5,695 Sqft
  • 47.83 Acres
  • 7 Beds
  • 6 Baths
  • 5,695 Sqft
  • 47.83 Acres

1240 Boy Scout Rd

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!

Essential Information

  • MLS® #MDGA2008536
  • Price$4,390,000
  • Bedrooms7
  • Bathrooms6.00
  • Full Baths5
  • Half Baths2
  • Square Footage5,695
  • Acres47.83
  • Year Built1996
  • TypeResidential
  • Sub-TypeDetached
  • StatusActive

Style

Rancher, Cabin/Lodge, Chalet, Craftsman, Colonial

Community Information

  • Address1240 Boy Scout Rd
  • SubdivisionDEEP CREEK LAKE
  • CityOAKLAND
  • CountyGARRETT-MD
  • StateMD
  • Zip Code21550

Amenities

  • # of Garages6

Amenities

Attic, Soaking Tub, Bathroom - Walk-In Shower, Built-Ins, Carpet, CeilngFan(s), Entry Lvl BR, Exposed Beams, Formal/Separate Dining Room, Master Bath(s), Recessed Lighting, Upgraded Countertops, Walk-in Closet(s), Water Treat System, Wpool Jets, Wood Floors

Garages

Additional Storage Area, Covered Parking, Garage - Front Entry, Oversized

View

Mountain, Panoramic, Pasture, Pond, Scenic Vista, Trees/Woods

Interior

  • Interior FeaturesEfficiency
  • HeatingHeat Pump(s)
  • CoolingCentral A/C, Ceiling Fan(s)
  • FireplaceYes
  • # of Fireplaces3
  • # of Stories3
  • Stories3

Appliances

Built-In Microwave, Cooktop, Dishwasher, Disposal, Dryer, Exhaust Fan, Oven-Wall, Refrigerator, Stainless Steel Appliances, Washer

Exterior

  • ExteriorFrame
  • RoofArchitectural Shingle
  • FoundationCrawl Space

Exterior Features

Extensive Hardscape, Hot Tub, Outbuilding Apartment, Secure Storage, Stone Retaining Walls, Exterior Lighting, Riding Arena, Horses Allowed, Riding Ring, Stable(s), Paddock, Deck(s), Patio, Porch(es), Wood Fence, Fenced-Fully, Fenced-Partially, Riding Trails

Lot Description

Additional Lot(s), Backs to Trees, Fishing Available, Landscaping, Pond, Lot Premium, Private, Road Frontage, Subdivision Possible

School Information

  • DistrictGARRETT COUNTY PUBLIC SCHOOLS

Additional Information

  • Date ListedDecember 11th, 2024
  • Days on Market281
  • ZoningRESIDENTIAL, AGRICULTURAL

Listing Details

  • OfficeThe KW Collective
  • Office Contact4435741600
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Price Change History for 1240 Boy Scout Rd, OAKLAND, MD (MLS® #MDGA2008536)

Date Details Price Change
Price Reduced $4,390,000 $60,000 (1.35%)
Price Reduced (from $4,750,000) $4,450,000 $300,000 (6.32%)
Active (from Coming Soon)

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Listing information last updated on September 17th, 2025 at 3:16pm CDT.