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$300,000   Price Analysis
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5707 S Lake St Unit 6D
Glen 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

Fractional

* No Longer For Sale *
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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.
Listing Agent Photo

Property MLS #1921456 from NGLRMLS

Bedrooms: 3
Bedroom 1 Dimensions: 11.0 x 19.0
Bedroom 2 Dimensions: 13.0 x 14.0
Bedroom 3 Dimensions: 11.0 x 14.0
Bedroom 1 Level: Main Floor
Bedroom 2 Level: Main Floor
Bedroom 3 Level: Main Floor
Bedroom 1 Features: Flooring: Carpet
Bedroom 2 Features: Flooring: Carpet

Total Bathrooms: 2.5
Full Bathrooms: 2
1/2 Bathrooms: 1
Bathrooms On Main Level: 3
Primary Bathroom Description: Private

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

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)
Laundry Features: Level: Main Floor

Fireplace Features: Fireplace(s), Gas
Heating Fuel: Natural Gas
Forced Air
Central Air

Dining Room Dimensions: 11.0 x 24.0
Dining Room Level: Main Floor
Kitchen Dimensions: 11.0 x 13.0
Kitchen Level: Main Floor

Living Room Dimensions: 15.0 x 19.0
Living Room Level: Main Floor
Exercise Room: Yes

Water Body Name: Lake Michigan
Priv Frontage (Across Rd)
Water View
Sandy Bottom
Great Lake
Waterfront Feet: 242

In Ground Pool
Sidewalk
Covered Porch
Enclosed Pool
Porch
Roads: Public Maintained, Blacktop

Evergreens
Lot Description: Condo/None

Driveway: Brick
Garage Spaces: 1
Garage Description: Detached, Door Opener, Paved Driveway

Association: Yes
Association Amenities: Clubhouse, Exercise Facility, Pool, Lake Privileges
Association Fee: 600
Association Fee Frequency: Monthly
Association Fee Includes: Water, Sewer, Trash Removal, Snow Removal, Lawn Care, Heat, Exterior Maintenance
Calculated Total Monthly Association Fees: 600

School District: Glen Lake Community Schools

Glen Lake Elementary School is a public elementary, middle and high school located approximately 4.8 miles away.
directions icon Map directions

The Leelanau School is a private high school located approximately 1.2 miles away.
directions icon Map directions

Source Listing Status: Sold In House
County: Leelanau
Directions: From downtown Glen Arbor to north on Lake Street. Main entrance at the end of the road on the right side.
Source Property Type: Residential
List Development Name: Le Bear Resort
Property Subtype: condo
Source Neighborhood: Le Bear Resort
Township: Glen Arbor
Zoning: Multi-Family, Rental Hist
Property Subtype: Single Family
Source System Name: C2C

YearAssessments
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

Sold 2024-05-17
$326,000
NGLRMLS
Listed 2024-04-23
$300,000
NGLRMLS
Sold 2020-12-29
$165,000
NGLRMLS
Listed 2020-09-12
$169,900
NGLRMLS
Sold 2014-04-18
$135,000
Public Record

Access: No Steps

Total Square Feet Living: 2500
Year Built: 2004
Above Grade Finished Area: 2500
Building Exterior Type: Wood
Construction Materials: Frame
Foundation Details: Poured Concrete
Levels: First Floor Level
Property Age: 20
Roof: Asphalt

Sewer: Municipal
Television: Cable TV, WiFi
Water Source: Municipal

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.