Chris Trease

5707 Lake Street S, Glen Arbor, MI 49636

$1,200,000
  • 5707 Lake Street S, Glen Arbor, MI 49636 Main Photo

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New to the Market New
BEDS3 BATHS2.5 SQUARE FEET2,500 MLS#1944812
STATUSNew PROPERTY TYPEResidential - Condominium SUBDIVISIONMI SCHOOLGlen Lake Community Schools

Property Description

A rare offering for multiple, continuous shares in the Glen Arbor luxury resort, Le Bear, situated along the shores of Lake Michigan with west facing sunset views. The benefit of purchasing together is having three subsequent weeks at a time and 18 weeks of use per year! Le Bear 12 is a desirable upper level unit in Le Bear, located in the central part of the building with abundant natural light, aa modern, comfortable decor, and a more open living room, dining room, and kitchen floor plan. This condo has three true bedrooms (many in Le Bear have 2 bedrooms and a den with a murphy bed instead), and also has two full bathrooms and one half bathroom. This condo specifically boasts a gourmet kitchen, two fireplaces (in this unit - both in the living room and primary bedroom), incredible Lake Michigan and Manitou Island views, heightened living room windows, a large deck with light filtering pergolas, a patio table, lounge chairs and grill, beach access, and is located adjacent to the fabulous fine dining restaurant, Blu. Le Bear is Part of "The Registry Collection." Not a detail was spared in creating this incredible fractional ownership experience. 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 forward by one week 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. This upper level unit in the heart of the building with abundant natural light shouldn't be missed, as well as the opportunity to own multiple shares in a row without the expense of a full unit ownership.

5707 Lake Street S | MLS# 1944812

This condo located at 5707 Lake Street S, Glen Arbor, MI 49636 is currently listed for sale with an asking price of $1,200,000. This property was built in 2004 and has 3 bedrooms with 2500 sq. ft. Lake Street S is located in the MI subdivision within the Glen Lake Community Schools school district. Search MI real estate on christrease.ikeyrealty.com today.

Property Features

Property Type: Residential - Condominium
Basement: Poured Concrete
Roof Type: Asphalt
Year Built: 2004

Feature Descriptions

Above Ground Finished SQFT: 2500
Annual Association Fee: 10175.00
Appliance(s)/Equipment: Refrigerator, Oven/Range, Disposal, Dishwasher, Microwave, Washer, Dryer, Water Filtration System, Hot Tub, Freezer, Exhaust Fan, Blinds, Drapes, Curtain Rods, Ceiling Fan, Natural Gas Water Heater, Smoke Alarms(s)
Body of Water: Lake Michigan
Condo/Unit Access: Stairway (Outdoor), Elevator
Condo/Unit Level: Second Floor Level
Construction: Frame
Exterior: In Ground Pool, Sidewalk, Covered Porch, Enclosed Pool, Porch
Garage/Parking: Detached, Door Opener, Paved Driveway
Heating/Cooling: Forced Air, Central Air
Heating/Cooling Source: Natural Gas
Interior: Jetted Tub, Cathedral Ceilings, Built-In Bookcase, Foyer Entrance, Walk-In Closet(s), Indoor Pool, Breakfast Nook, Granite Bath Tops, Granite Kitchen Tops, Island Kitchen, Great Room, Den/Study
Lot: Condo/None
Outbuilding(s): Yes
Road: Public Maintained, Blacktop
Sewer: Municipal
Swimming Pool: Yes
Water: Municipal
Water Features: Priv Frontage (Across Rd), Water View, Sandy Bottom, Great Lake
Waterfront Footage: 242
Waterfront Type: Yes

Room Sizes

Primary Bedroom: 19.00x11.00 Level - Main Floor
Bedroom 2: 14.00x13.00 Level - Main Floor
Bedroom 3: 14.00x11.00 Level - Main Floor
Dining Room: 24.00x11.00 Level - Main Floor
Kitchen: 13.00x11.00 Level - Main Floor
Living Room: 19.00x15.00 Level - Main Floor

Local Schools

School District: Glen Lake Community Schools

Listed By / Shown By

Listed By

Agency Name: LVR Realty, LLC
Agency Phone: 231-218-2714

Shown By

Agent Name: Chris Trease
Agent Phone: (419) 564-4841 Cell
Agency Title: Key Realty

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Estimated Payment

$ 7,062.46 per month $6,712.46 Principal & Interest $0.00 Property Tax (data not provided by mls) $350.00 Homeowner's Insurance

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