531 Glendale Road, #302-B

Oakland, MD 21550

One-of-a Kind. In all of Silver Tree Suites, there are only 2 of this unique Floor Plan that was custom built for original developers. Main Level is the standard plan with (1) Private Bedroom - Full Bath - Living Room with Fireplace with door to Lake Balcony (Fabulous Views of Deep Creek Lake) - Kitchenette combo Dining Room. This Floor Plan is the only Loft Plan that has regular stairs (no spiral staircase) to the upper Level. Cathedral Ceilings and additional upper windows bring in a lot of light. Upper Level has its own Living Room with the 2nd Gas Fireplace and semi-private 2nd Bedroom in the alcove. Owner has purchased in 2021 - new Sleeper Sofas, Coffee Table and Accessory Living Room upholstered chairs for both upper and lower living room. The monthly condominium dues cover much more than other complexes. Includes Sewer & Water, all Propane used for your Gas Fireplace and Heating your Water for your showers & dishwasher, Trash, Master Insurance Policy, Management, maintenance of all common areas, parking, snowplowing, exterior & interior building maintenance & Reserve Funds (STS has a fabulous reserve budget). All you pay as an owner is you Real Estate Taxes, Electric to Heat and Ac (averages $81 month for this unit), monthly Internet, Cable TV & Phone @ $65 month plus Insurance for contents. Most policies @ $450 year. Only other unit with this same floor plan sold for $299,900 in December 2021. 2021 Gross Rents $32,890 deduct 25% for management. Rented 190 days / 365 so that had 175 vacant days for you to have fun with. Enjoy !!