building lots – Page 3 – Jay's Real Estate Blog

Building lots for sale in Mt Lake Park – C Street

C St – Mt Lake Park – GA7365848 – $18,900

I recently listed 2 building lots for sale in the town of Mountain Lake Park on C Street. Great value at $18,900 each, amongst the most competitively priced lots on the market. Both are eligible for public water & sewer.

More details here.

If you are thinking of buying or selling real estate in Garrett County or Deep Creek Lake, Maryland, call Jay Ferguson of Railey Realty for all of your real estate needs! 877-563-5350 Deep Creek Lake Info, Business Directories, Classified Ads, Events & more! Advertise on http://www.deepcreekalive.com/!

April 2010 – Lot & Land Market Update

The lot & land market remains flat. There were only 4 sales in all of Garrett County last month. The bright side of that is that sales were up 33% from last month (3 sales total), but the year to date total is 17 lot sales – incredibly low.

325 acres sold for $450,000 (67% of asking price)- that’s bad news for large tracts of land, as the price per acre is approx. $1,385.00.

There was a 2 acre building lot on Glendale Rd that sold for $55,000 – 91% of asking price.

Also, a Deep Creek Lake building lot with a decent lake view sold for $105,000 (62% of asking price).

Railey Realty had 3 of the lots listed, and also sold the same 3 lots – 75% of the lot/land business in April.

I warned you last month that there will be some shocking numbers coming – and I know that trend will continue through the summer.

There are 8 lot/listings currently under contract out of 637 available listings. Both of those numbers have increased since March 2010.

Financing on land remains a HUGE factor with this, as most banks are requiring 30-50% down payment to buy land. If you have the means, there are some incredible deals out there, as you can see. You never know until you make an offer!

Search for available real estate here.

If you are thinking of buying or selling real estate in Garrett County or Deep Creek Lake, Maryland, call Jay Ferguson of Railey Realty for all of your real estate needs! 877-563-5350

HAPPY EARTH DAY! Deep Creek Lake & Garrett County Dirt for sale!

Celebrate Earth Day 2010! Buy some genuine Deep Creek Lake & Garrett County dirt 🙂 There are some great lots and land available for sale, ranging from view lots, farms, acreage, hunting land, building lots, lakefront property, lake access parcels, riverfront land and large recreational tracts. ANY KIND OF DIRT YOU WANT, I can help you find it!

If you are thinking of buying or selling real estate in Garrett County or Deep Creek Lake, Maryland, call Jay Ferguson of Railey Realty for all of your real estate needs! 877-563-5350

March 2010 – Lot & Land Market Update

The lot & land market remains flat. There were only 3 sales in all of Garrett County last month. The year to date total is 13 lot sales. There was a one acre building lot (raw) in McHenry that sold for $11,000. Also, there was a 7+ acre building lot that sound near Backbone Ridge for $16,000. These comps are amongst the lowest we have seen. and much like the housing market, there will be some shocking numbers that pop up from time to time.

There are 6 lot/listings currently under contract out of 617 available listings. More lots are sure to come on the market in the coming days – I know of 5 lots that I will be personally listing, so that number will continue to grow.

Financing on land is a HUGE factor with this, as most banks are requiring 30-50% down payment to buy land. If you have the means, there are some incredible deals out there, as you can see. Search for avalilable real estate here.

If you are thinking of buying or selling real estate in Garrett County or Deep Creek Lake, Maryland, call Jay Ferguson of Railey Realty for all of your real estate needs! 877-563-5350

Pleasant Valley, Garrett County Maryland

I had someone send me this photo of their family farm in southern Garrett County over the weekend and I was reminded of a Garrett County gem – Pleasant Valley. It’s not a town, so you can’t find it on the map as an address, but it is a collection of farms, fields, and homes on Route 219 south of Oakland. There is a prevalent Amish population, generations of local farmers and lots of other cool places to drive by and see. My father had a home in the valley for 10 years or so while I was growing up, so I was fortunate enough to have experienced the beautiful sights, sounds (and smells) of this agricultural area. Pleasant Valley lies beneath the Backbone Mountain ridge, so the backdrop of the highest point in Maryland is equally impressive as you take in the beautiful sights and sounds of Pleasant Valley! Take a trip to see the working farms, and stop by one of the many ‘shops’ that you will encounter along the way. You buy everything from fresh produce and eggs to Garrett County’s own maple syrup, baking goods, fresh baked bread & yummy deserts. There are also fun activities like horse drawn carriage rides, the Backbone Mountain ski farm and you can even arrange a trip to see livestock on a Garrett County farm!

Want your own piece of the Valley? Railey Realty offers many diverse tracts of recreational land, farm/pasture land and homes in this beautiful are of Garrett County. You can search for real estate here, or I would be happy to help you find the property of your dreams in Southern Garrett County, Pleasant Valley and Backbone Mountain!

If you are thinking of buying or selling real estate in Garrett County or Deep Creek Lake, Maryland, call Jay Ferguson of Railey Realty for all of your real estate needs! 877-563-5350

6 acre building lot Sand Flat, Deep Creek Lake $100,000 GA7160562

Spacious 6 acre building lot with great valley views near Deep Creek Lake. Overlooks the valley where the namesake stream ‘Deep Creek’ begins. Great price! Subdivison: Mountain View Estates. More details here.

If you are thinking of buying or selling real estate in Garrett County or Deep Creek Lake, Maryland, call Jay Ferguson of Railey Realty for all of your real estate needs! 877-563-5350

Slopefront & Lakefront Lot – Deep Creek Lake – GA6261447 – $849,900

Location, location, location…. You can’t find a better spot than this!

Are location & easy slope access crucial? If so, you’ll find this lot irresistible! Located beneath Wisp’s “Main Street” ski slopes, this lot offers exceptional views of the lake & has 100′ of lakefront.Lot #8, 1059 Marsh Hill Road. Listed by Debra Savage & Railey Realty.

More info available here.

If you are thinking of buying or selling real estate in Garrett County or Deep Creek Lake, Maryland, call Jay Ferguson of Railey Realty for all of your real estate needs! 877-563-5350

New Lot-Land listings – 1-13-10 – Buyer Client Update

Only one new lot/land listing in the last 24 hours. You can see the .pdf here, contact me for more info, plats, permits or details.

GA7235541 0.86 AC RT 219 $50,000 Oakland 37,462 .860 RES

(source: MRIS January 13, 2010, other brokers listings may be included. This market update posting is intended solely for buyer clients of Jay Ferguson & Long & Foster Real Estate)

If you are thinking of buying or selling real estate in Garrett County or Deep Creek Lake, Maryland, call Jay Ferguson of Long & Foster Real Estate for all of your real estate needs! 877-563-5350

Recent Lot/Land Listings – Buyer Client Update

There were 9 new land/lot listings since January 1, 2010. Some larger parcels and several building lots. THere is also one commercial property that includes several different properties, projects and communities (click for .pdf and more photos/info)

GA7234728 1 TURKEY KNOB RD $44,900 Oakland 1.700ac R

GA7235151 YOUNG WOOD LN W $74,900 Grantsville 10.600ac R

GA7234225 TRAP RUN RD $99,000 Friendsville 19.780ac

GA7229995 GARNER DR $124,500 Deer Park 3.073 LR

GA7234494 681 BOY SCOUT RD $149,000 Oakland 50.020 LR

GA7229867 3 GRAND ESTATES DR $349,000 Mc Henry .573 R

GA7233401 65 WESTWARD WAY $369,000 Mc Henry .574 LR

GA7228856 14 PARKSIDE SOUTH CT $499,000 Mc Henry .520 LR

GA7232486 25297 GARRETT HWY $4,900,000 Mc Henry 36.840 C /

(source: MLS January 1, 2010 – January 12, 2010)

If you are thinking of buying or selling real estate in Garrett County or Deep Creek Lake, Maryland, call Jay Ferguson of Long & Foster Real Estate for all of your real estate needs! 877-563-5350

Category: building lots

Building lots for sale in Mt Lake Park – C Street

April 2010 – Lot & Land Market Update

HAPPY EARTH DAY! Deep Creek Lake & Garrett County Dirt for sale!

March 2010 – Lot & Land Market Update

Pleasant Valley, Garrett County Maryland

6 acre building lot Sand Flat, Deep Creek Lake $100,000 GA7160562

Slopefront & Lakefront Lot – Deep Creek Lake – GA6261447 – $849,900

New Lot-Land listings – 1-13-10 – Buyer Client Update

Recent Lot/Land Listings – Buyer Client Update

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