$300,000 Price Analysis 5707 S Lake St Unit 6DGlen Arbor, MI 49636 3 bed 3 bath 2,500 SqFt ($120/SqFt) Built 2004 Listed 2024-04-23, HOA $600, Taxes $2,337 | ✓ USDA Eligible near Glen Arbor, MI Restrictions may apply due to home size |
1/8 share ownership on Lake Michigan in downtown Glen Arbor at the luxury resort, Le Bear! This pleasing 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 incredi ble 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, tastful style and the fractional ownership unit available, 6D, 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 effective at covering association costs and taxes.
Presented by Ranae Ihme at
LVR Realty, LLC.
Property MLS #1921456 from NGLRMLS
Year | Assessments Building + Land Total | Tax |
---|---|---|
2023 | $unknown + $unknown $90,700 | $2,337 |
2022 | $unknown + $unknown $68,100 | $2,257 |
2021 | $unknown + $unknown $69,000 | $2,306 |
2020 | $unknown + $unknown $68,600 | $2,358 |
2019 | $unknown + $unknown $77,600 | $2,578 |
The property loan eligibility may be subject to additional requirements beyond geographical location including but not limited to the condition of the property. Speak with a real estate professional to find out more about the eligibility of a specific property.