$359,900
Pending

5707 (7B) S Lake Street

Glen Arbor, MI 49636
2500 sqft | 3 beds | 2.5 baths | #78080048240
Browse 43 photos
Type:Purchase
Structure:Condo
Zone:Residential

Description

Desirable middle unit in Le Bear with a more open living room, dining room, and kitchen floor plan! Fractional, 1/8 share ownership on Lake Michigan in downtown Glen Arbor at the luxury resort, Le Bear! This beautiful property boasts both an indoor and outdoor pool, full concierge service, daily housekeeping, a shared clubhouse with a bar, billiards table, kitchen and gym, private parking and a one car garage each. Phenomenal views of Sleeping Bear Bay and the Manitou Islands with western facing sunset views. Le Bear is Part of "The Registry Collection." Not a detail was spared in creating this incredible fractional ownership experience. The condos themselves have three bedrooms, two bathrooms, a gourmet kitchen, two and one half lovely bathrooms, two fireplaces (in this unit - both in the living room and dining room spaces), incredible Lake Michigan views, decks with patio furniture and a grill, beach access, and are located adjacent to the fabulous fine dining restaurant, Blu. Each condo is decorated in the same, tasteful style, and the fractional ownership unit available, 7B, is a mid level unit (and there is an elevator available!). The 1/8th fractional ownership is broken down to each share having 6 weeks of use on a rotating calendar- 1 full week at a time. The calendar rotates every year so that every owner experiences different weeks. Owners have the option to rent their weeks, which can be very effective at covering association costs and taxes.

  • Interior Details
      • CoolingCeiling Fan(s), Central Air
      • HeatingForced Air
    • Beds & Baths
      • Total Baths2.10
      • Bathrooms2.5
      • Bedrooms3
      • Full Baths2
      • Half Baths1
  • Property Details
      • Exterior FeaturesSpa/Hot-tub, Pool – Community, Pool - Inground
      • Lot FeaturesWater View
    • Measurements
      • Square Feet2500
  • Construction Details
      • Property TypePurchase
    • Condition
      • Year Built2004
  • Community and Neighborhood Details
      • RegionGlen Arbor Twp
      • School DistrictGlen Lake
      • CountyLeelanau
  • Financial Details
      • Original List Price$359,900
  • Other
      • MLS #78080048240

Location

DaLawn HarrisReal Estate Group
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years

Down Payment

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10.0%

Interest Rate

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6.0%

Tax Rate

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2.6%
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annually
$
monthly

Note: The results shown are estimates only and do not include all factors. Speak with a licensed agent or loan provider for exact details. This tool is sourced from CloseHack.

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Loan Amount
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