The Deep Creek Lake Resort Report Newsletter Fall 2016

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e k a L k e e r C p e e D e h T RESORT REPORT Volume 9 Issue 2, Fall 2016 | 301.387.2000 • 301.387.2900 • www.Railey.com | 301.387.7777 • www.DeepCreekLodging.com

In This Issue... How’s the Real Estate Market? Western Conveyance Water and Sewer Update Possible Plans to Dredge Deep Creek Lake Recirculate Personal Watercraft Restrictions Will Remain in Place Railey Realty Sold Listings Introducing Two New Websites Oakland Revitalization Project Moves Forward Local Happenings and News…

Western Conveyance Water and Sewer Update

Section II of the Western Conveyance Project (the end of Marsh Hill Road, Shingle Camp Terrace, Shingle Camp Road, Sandy Shores Road, Sandy Beach Lane, and Stockslager Road to Penelacres Lane) began in early May. The project has made tremendous headway, and as of late September, almost all roads have been completed or are in the final processes. Work will continue through fall until the winter weather sets in. This project should most likely be completed in early 2017. Please contact 301-334-6976 for the project’s current status.

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Your 1st Choice in Real Estate Possible Plans to Dredge Deep Creek Lake Recirculate Earlier this year, plans to dredge Deep Creek Lake came to the forefront of local discussion. In 2013, the Maryland Department of Natural Resources contracted a professional sedimentation study to help determine if and where sedimentation issues were occurring. The study identified 10 coves that could need sediment management. In March, DNR Secretary Belton reported that DNR will aide Garrett County in the development of the grant application to help the project gain financial support. As of now, full funding and allocation has not been arranged or committed and will most likely not be solidified

until final costs of the project have been confirmed. In August, a small convention was held with state legislators, sediment experts, and community members to further clarify the sediment removal and help answer questions. Speakers included Senator George Edwards and Delegate Wendell Beitzel, who spoke to attendees about their efforts in our state’s capital. Sediment build-up is a natural side effect of weather, boats, and water, though the natural topography of the lake may also be the source of the problem for impaired coves. Deep Creek Lake is owned by the State of Maryland, and the state

will be responsible for the final approval for any and all dredging or construction projects that occur. Historically, the DNR’s stance has been that sedimentation in the lake is not an imminent problem, but they are committed to further work on its management. Assuming that additional funding is secured, it’s possible that a dredging project could begin in the spring or fall of 2018. Information about these reports and studies can be found at: http://dnr2.maryland. gov/publiclands/Pages/western/ deepcreeknrma.aspx.

Personal Watercraft Restrictions Will Remain in Place In a 6 to 1 vote, the weekend summer restrictions for personal watercrafts will remain in place. The lake policy and review board voted not to move forward with any studies, as they felt raising these restrictions presented a risk to boater and lake

safety. Early this year, there had been renewed interest in lifting the ban, as some felt the restrictions were confusing and unfair to tourists. The board members voted in late July, and this matter is now considered closed.

Railey Realty Sold Listings

For a complete, updated list of all our sold listings, please visit www.railey.com/sold-properties.

1893 Marsh Hill Road Lake Front Home $680,000 - Oct. 2016

116 Wanderer Ln #F5 Lake Front Condo $325,000 - Sept. 2016

53 Poland Lane Lake Front Home $340,000 - Sept. 2016

543 Crows Point Road Lake Front Home $873,500 - Sept. 2016

187 Glendale Road Lake Front Home $850,000 - Aug. 2016

192 Moorings Way Lake Front Home $1,400,000 - July 2016

503 Mayburry Lane Lake Front Home $780,000 - Sept. 2016

2778 Deep Creek Drive Commercial $285,000 - Sept. 2016

132 Sorbus Lane Lake Front Home $1,260,000 - Sept. 2016

52 Shingle Camp Ter Lake Front Home $1,050,000 - Aug. 2016

440 Lake Forest Drive Lake Front Home $410,000 - Aug. 2016

1335 Pergin Farm Rd Lake Access Home $860,000 - July 2016

817 Oak Street Commercial $205,500 - Sept. 2016

412 White Oak Drive Lake Front Home $395,000 - Sept. 2016

374 Lakefront Links Lake Front Home $580,000 - Sept. 2016

75 Lakefront Links Lake Front Home $1,450,000 - Aug. 2016

2071 Lake Shore Drive Lake Front Home $940,000 - Aug. 2016

155 Cedarbrook Lane Lake Access Home $578,000 - July 2016

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The Deep Creek Lake Resort Report Introducing Two New Websites

Railey Realty is proud to present our recently redesigned website, Railey.com! This new, responsive site is designed to work seamlessly with all devices, including mobile

phones and tablets. Search for properties on the new map search or browse through our most popular categories. In addition to the properties to browse, the site also features a wealth of information on Deep Creek Lake and real estate information specific to our area. The website also features blogs, videos, and a live webcam of Deep Creek Lake. DeepCreekLake.com was also redesigned and launched in early September. This new site allows users to easily find out information about Deep Creek Lake, local events, and receive more information about

real estate and vacation rentals. Visitors can enjoy instantly updated weather and a live webcam feed, too!

Oakland Revitalization Project Moves Forward A culmination of efforts has resulted in a comprehensive revitalization plan for the storefronts in the town of Oakland. The Garrett County Board of Realtors recently announced their partnership with the American Institute of Architects (AIA) to help bring this project to fruition. The goal of this project is to restore the historic downtown section of Oakland. The project received funding through a special grant for the National Association of Realtors. Organizers will be hosting a workshop November 2-4 to help bring the community into the process and present their vision for the downtown storefronts. The AIA

Local Happenings and News…

Good news for Sky Valley and Thousand Acres, Curt’s Corner has reopened! Located at the intersection of Route 495 and North Glade Road, the store offers main grocery items, other convenience items, and freshly prepared food. The Greene Turtle Bar & Grille officially opened for business this

will use this community workshop to develop and prioritize their goals and ideas and have an achievable action plan created. The AIA is also focused on the sustainability of this project, and their team of professional volunteers will work with members of the community to ensure a sustainable future. Other organizations helping with the effort include the Mayor and Town Council, the Oakland Main Street program, GOBA, Oakland On Track, Garrett County Business HUB, and Oakland BASE. More information is available on their Facebook page at facebook.com/OakRen2016.

past summer. The restaurant features a mix of Americana food in a fun, bright atmosphere. A new seafood market has opened! Trout’s House Seafood is conveniently l o c a t e d along Deep Creek Drive and offers fresh, quality seafood of all varieties.

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The Learning Beyond the Classroom Bus launched early this past summer, traveling across the county to promote learning and education for young children. The bus had tremendous success in its pilot season, serving more than 250 children in one week alone.

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e k a L k e e r he Deep CREPORT TRESORT 2 Vacation Way, McHenry, Maryland 21541

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Fall 2016

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The goal of this newsletter is to keep you informed on the local real estate market, along with keeping you in touch with the issues impacting this market. We will also attempt to bring you interesting stories about the people and heritage that make Deep Creek Lake and Garrett County, Maryland such a special place.

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It is not our intention to solicit clients from other Brokers or Property Managers with this newsletter. If your property is currently listed for sale or managed with another company, please consult that company.

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* All data obtained from MRIS for the period 1/1/2016 to 6/30/2016 All data is believed to be accurate, but not guaranteed.

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