1240 Boy Scout Road • Oakland, MD 21550

$4,250,000 Beds: 7 • Baths: 5 full 2 partial • Sq. Feet: 5695 • MLS ID: MDGA2008536 • Subdivision: DEEP CREEK LAKE • School Dist: GARRETT COUNTY PUBLIC SCHOOLS
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 with its own private entrance off of Boy Scout Road with mountain views that are stunning! 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! View this listing at: http://dougkarn.com/mls=MDGA2008536

Property Features

  • Garage: 6
  • Taxes: $11,266
  • Roof Type: Architectural Shingle
  • Exterior: Frame
  • Parking Notes: 26 Total Parking Spaces
  • Special View Info: Mountain,Panoramic,Pasture,Pond,Scenic Vista,Trees
  • Lot Size: 47.83 Acres
  • Lot Dimensions: 47.83 Acre(S)
  • Heating: Heat Pump(s)
  • Fuel Type: Electric,Propane - Leased,Propane - Owned
  • Cooling: Central A/C,Ceiling Fan(s)
  • Year Built: 1996
  • Fireplaces: 3
  • Water: Well
  • Sewer: Septic Exists
  • Stories: 3.0
  • Additional Structures: Above Grade,Below Grade
  • Fencing Description: Wood, Fully, Partially
  • Lot Description: Additional Lot(s), Backs to Trees, Fishing Available, Landscaping, Pond, Premium, Private, Road Frontage, Subdivision Possible
  • Structure Type: Detached
  • Total Garage/Parking Spaces: 26
  • Appliances: Built-In Microwave,Cooktop,Dishwasher,Disposal,Dryer,Exhaust Fan,Oven - Wall,Refrigerator,Stainless Steel Appliances,Washer
  • Lake Name: Deep Creek Lake
  • Horse Amenities: Arena,Horse Trails,Horses Allowed,Riding Ring,Stable(s),Paddock
  • Community Amenities: Boat Dock/Slip
  • SQFT Total Finished: 5695
  • SQFT Above Finished: 5695
  • Exterior: Extensive Hardscape,Hot Tub,Outbuilding(s),Secure Storage,Stone Retaining Walls,Exterior Lighting
  • Interior: Attic,Bathroom - Soaking Tub,Bathroom - Walk-In Shower,Breakfast Area,Built-Ins,Carpet,Ceiling Fan(s),Dining Area,Efficiency,Entry Level Bedroom,Exposed Beams,Family Room Off Kitchen,Formal/Separate Dining Room,Kitchen - Gourmet,Kitchen - Island,Primary Bath(s),Recessed Lighting,Upgraded Countertops,Walk-in Closet(s),Water Treat System,WhirlPool/HotTub,Wood Floors
  • Flooring: Carpet,Ceramic Tile,Hardwood,Tile/Brick,Wood

School Information

  • School District: GARRETT COUNTY PUBLIC SCHOOLS
Printed March 11, 2026


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Douglas Karn 

11949 Robinwood Drive #100, Hagerstown, MD 21742
301-745-1620