| From Golfing at Wisp Resort |
| From Golfing at Wisp Resort |

Deep Creek Highlands, located atop Marsh Mountain and surrounding Wisp Ski & Golf Resort, is a private gated community of Wisp Resort. Breathtaking lake views and lake access, extraordinary natural rock and boulder formations, hiking trails and wooded parks are just a part of the experience of living in the Highlands. Deep Creek Highlands homeowners and their guests enjoy two recreational parks-Mountaintop and Lakefront-featuring a playground, an outdoor swimming pool, a children's pool and two pavilions.
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Of the 92 home sites, 24 have optional dedicated boat slips and 58 have lake access without boat slips.
Three classes of property ownership - some have water access privileges on Deep Creek Lake, others offer boat slips, while some lots do not share in these amenities.
Pavilion with fireplace.
Playground.
Outdoor swimming pool and children's pool.
Restrooms.
Hiking trails to lakefront common area.
Enclosed trash dumpsters with regular dumpster pick up.
Snow removal.
Gated entrance to community.
Lakeside pavilion on the shores of Deep Creek Lake.
Play area.
Close proximity to Wisp Ski & Golf Resort & Adventure Sports Center.
www.flickr.com
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Deep Creek Highlands Community at Deep Creek Lake & Wisp Resort - Community Plat
Deep Creek Highlands Community at Deep Creek Lake & Wisp Resort - Declaration, Bylaws
Deep Creek Highlands at Deep Creek Lake & Wisp Resort - Master Association Wisp Resort Documents
Deep Creek Highlands at Wisp Resort & Deep Creek Lake - Wisp Resort Master Plan
Deep Creek Highlands at Wisp Resort & Deep Creek Lake - Comunity Photo Gallery Flickr
Deep Creek Highlands at Wisp Resort & Deep Creek Lake - Comunity Photo Gallery Picasa
Deep Creek Highlands at Wisp Resort & Deep Creek Lake - Community Profile Page DCLinfo.com
Deep Creek Highlands at Wisp Resort & Deep Creek Lake - I Love Deep Creek Blog
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Aug. 25, 2011
If Mother Nature cooperates, snowmaking at the Wisp Resort in McHenry will commence in less than 90 days, and skiers and snowboarders will be back on the slopes beginning the day after Thanksgiving, Nov. 25.
That is according to Karen Myers, president of Recreational Industries Inc., who met with reporters this week after it was learned that Branch Banking & Trust (BB&T) Corporation has entered judgments against the Wisp's land development company, called Wisp Resort Development Inc., and various loan guarantors because of lagging payments on loans of over $28 million to fund the new Lodestone Golf Course and home sites atop Marsh Mountain.
The guarantors of the loan, all of which are named in the judgment, are Recreational Industries Inc., DC Development Inc., and Clubs at Wisp Corporation, as well as Myers, Gary Daum, and Steven Richards, owners.
Since the filing in Garrett County Circuit Court last month, rumors have abounded that the Wisp Resort either has been or will be sold because of the current financial situation.
"This is probably the same story that is being told by a lot of other developers around the country," Myers said, noting the continuing lag in the housing market, adding, "The 'illness' [in our operation] is just related to the land development segment of the business."
Meanwhile, Myers described the Wisp Resort as "a vibrant and profitable business" that will begin its 56th season of skiing this fall.
It was in February 2007 that BB&T provided a loan of $23.5 million as a revolving line of credit to fund the construction of the golf course and the Lodestone home sites. Because this type of loan is predicated on sales of home sites to pay down the loan balance and because the lot sales were sluggish, as construction on the golf course neared its end in 2008, an additional $5 million was borrowed "because we believed it was better to have a finished golf course than a partially finished golf course," Myers explained.
More here.
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! I take great pride in referrals, and I assure you, I will take great care of your friends, family & colleagues!
Deep Creek Lake Info, Business Directories, Calssified Ads, Events & more! Advertise on http://www.deepcreekalive.com/!





If you or someone you know is considering 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! I take great pride in referrals, and I assure you, I will take great care of your friends, family & colleagues! As member of the Garrett County Board of Realtors, I can assist you with ANY listed property, regardless of the listing broker.
Deep Creek Lake Info, Business Directories, Classified Ads, Events & more! Advertise on http://www.deepcreekalive.com/!