Glen Arbor, MI 49636,5707 (1B) S Lake Street 1B

$250,000

$175,000

42.9%
Est.Price: ?

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Est. payment /mo

3 Beds

2.5 Baths

2,500 SqFt


SOLD DATE : 07/28/2023

Key Details

Sold Price $250,000

Property Type Condo

Sub Type Other

Listing Status Sold

Purchase Type For Sale

Square Footage 2,500 sqft

Price per Sqft $100

Subdivision Le Bear Resort

MLS Listing ID 78080008054

Sold Date 07/28/23

Style Other

Bedrooms 3

Full Baths 2

Half Baths 1

HOA Fees $625/ann

HOA Y/N no

Originating Board Aspire North REALTORS®

Year Built 2004

Property Description

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 and billiards table, 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 lovely bathrooms, two fireplaces (living room and master), incredible Lake Michigan views, 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, 1B, is a lower level walkout. The pictures included are very similar to the property being listed - the same styling and decor, but with a slightly different layout. The bedrooms and bathrooms will be almost identical, but the living room, dining, and kitchen area in 1B will be a bit different from what is pictured. New photos will be taken in the late afternoon of 6/23. 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, 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

Garage Door Opener, Detached

Garage Description 1 Car

Waterfront yes

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 00672400110

Ownership Private Owned

Acceptable Financing Cash, Conventional, Trade/Exchange

Listing Terms Cash, Conventional, Trade/Exchange

Financing Cash,Conventional,Trade/Exchange

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Realcomp MLS
Listed by Ranae M Ihme of LVR Realty, LLC
Bought with LVR Realty, LLC
agent-avatar

"My job is to find and attract mastery-based agents to the office, protect the culture, and make sure everyone is happy! "

+1(248) 790-9075

nicole@turfnsurfhomes.com

219 Hamilton, Birmingham, MI, 48009, United States

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