5707 S Lake Street Glen Arbor, MI 49636

Property Description

LeBear Resort – a 5-star luxury fractional residential club, built in 2004 with a 2019 interior renovation. This fully furnished property offers unsurpassed lakeside living! Residence 3 is one of only three approved dog friendly units located on the North side of the ground floor with amazing sunset views, quick access to the pool deck, and beach. Features include gourmet kitchen with granite counter tops, Viking range, Sub-Zero refrigerator, gas & wood burning fireplaces, master bath with heated flooring, large steam shower, jetted tub, 5 smart TVs & Bose audio. Each residence boasts ample living space with a master (king bed), second bedroom (queen and pyramid beds), private study (queen sofa sleeper), and queen sofa sleeper in the family room. There is a one-bedroom owner’s apartment that can be rented with a deeded week for up to four additional guests. Or, LeBear owners can rent it to enjoy LeBear living more often than six weeks each year (please note: apartment is available on a first come, first serve basis). The one car garage is shared between all eight owners and may be used for bikes, kayaks, paddle boards, etc. during owner’s deeded week. Annual Dues cover all LeBear amenities which include indoor and outdoor pool and spa, sauna, exercise room, common area lounge with billiards, pool table and kitchenette, a groomed sand beach with chairs/loungers and fire ring to roast s’mores as well as on-site management, utilities, maintenance, liability insurance and more. As a 1/8th fractional interest owner, you receive six weeks each year to enjoy (on a rotation schedule, one about every other month). Additional uses can be to utilize the on-site vacation rental program or join LeBear Resort affiliate, The Registry Collection. It’s a short walk to everything downtown Glen Arbor, a five-minute drive to Sleeping Bear Dunes, and approximately twenty-five minutes from Traverse City.

Property Information

Current Price$155,000.00
Bedrooms3 beds
Bathrooms2.5 baths
Sq. Ft.2,500 ft²

Details

Listing StatusSold
Year Built2,004

Financial Data

Current Price$155,000.00
Original Price$155,000.00

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Fred Schmidt
Broker
Michigan | Ohio | Florida | St Croix

    Additional Information

    CityGlen Arbor
    StateMI
    CountyLeelanau
    MLS ID1881811
    School DistrictGlen Lake Community Schools
    WaterfrontYes
    BrokerageBirchwood Realty
    6789 S. Lake Shore Drive Harbor Springs MI 49740