$360,000
$359,900
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5707 (7B) S Lake Street 7B Glen Arbor, MI 49636
3 Beds
2.5 Baths
2,500 SqFt
Key Details
Sold Price $360,000
Property Type Condo
Sub Type Other
Listing Status Sold
Purchase Type For Sale
Square Footage 2,500 sqft
Price per Sqft $144
Subdivision Le Bear Resort
MLS Listing ID 78080048240
Sold Date 08/05/24
Style Other
Bedrooms 3
Full Baths 2
Half Baths 1
HOA Fees $733/ann
HOA Y/N yes
Originating Board Aspire North REALTORS®
Year Built 2004
Property 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.
Location
State MI
County Leelanau
Area Glen Arbor Twp
Rooms
Kitchen Dishwasher, Disposal, Dryer, Freezer, Microwave, Oven, Range/Stove, Refrigerator, Washer
Interior
Interior Features Other, Indoor Pool, Jetted Tub
Hot Water Natural Gas
Heating Forced Air
Cooling Ceiling Fan(s), Central Air
Fireplaces Type Gas
Fireplace yes
Appliance Dishwasher, Disposal, Dryer, Freezer, Microwave, Oven, Range/Stove, Refrigerator, Washer
Heat Source Natural Gas
Exterior
Exterior Feature Spa/Hot-tub, Pool – Community, Pool - Inground
Parking Features Door Opener, Detached
Garage Description 1 Car
Waterfront Description Shared Water Frontage,Water Front,Lake/River Priv
Porch Porch
Garage yes
Private Pool 1
Building
Lot Description Water View
Sewer Shared Septic (Common)
Water Public (Municipal)
Architectural Style Other
Structure Type Wood
Schools
School District Glen Lake
Others
Tax ID 00672400770
Ownership Private Owned
Acceptable Financing Cash, Conventional, Trade/Exchange
Listing Terms Cash, Conventional, Trade/Exchange
Financing Cash,Conventional,Trade/Exchange
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