5707 (12FGH) S Lake Street, Glen Arbor, MI 49636

$1,200,000
3
BD
3
BA
2,200
SqFt

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List Price
$1,200,000
Status
ACTIVE
MLS#
80067928
Days on Market
190
Style
Other
Year Built
2004
Bedrooms
3
Bathrooms
2
Half baths
1
Living Area
2,200
Municipality
Glen Arbor Twp
Region
Glen Arbor Twp
Township
Glen Arbor Twp
Subdivision
Le Bear Resort

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.

Additional Information

Hoa Fee
$10,175
Hoa Freq
Annually
Interior Features
Cathedral/Vaulted Ceiling, Walk-In Closet(s)
Heating
Natural Gas, Forced Air
Cooling
Ceiling Fan(s), Central Air, Exhaust Fan
Fireplace Features
Gas
Basement
Yes
Basement Description
Poured
Appliances
Dishwasher, Disposal, Dryer, Freezer, Microwave, Range/Oven, Refrigerator, Washer, Gas Water Heater
Exterior Features
Sidewalks
Sewer
Community
Water
Public
Garage Spaces
1
School District
Glen Lake Community School District

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Listing Courtesy of LVR Realty, LLC, Office Phone:

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Provided through IDX via MiRealSource. Courtesy of MiRealSource Shareholder. Copyright MiRealSource. The information published and disseminated by MiRealSource is communicated verbatim, without change by MiRealSource, as filed with MiRealSource by its members. The accuracy of all information, regardless of source, is not guaranteed or warranted. All information should be independently verified.Copyright 2014 MiRealSource. All rights reserved. The information provided hereby constitutes proprietary information of MiRealSource, Inc. and its shareholders, affiliates and licensees and may not be reproduced or transmitted in any form or by any means, electronic or mechanical, including photocopy, recording, scanning or any information storage and retrieval system, without written permission from MiRealSource, Inc.

Provided through IDX via MiRealSource, as the "Source MLS", courtesy of the Originating MLS shown on the property listing, as the Originating MLS. The information published and disseminated by the Originating MLS is communicated verbatim, without change by the Originating MLS, as filed with it by its members. The accuracy of all information, regardless of source, is not guaranteed or warranted. All information should be independently verified. Copyright 2014 MiRealSource. All rights reserved. The information provided hereby constitutes proprietary information of MiRealSource, Inc. and its shareholders, affiliates and licensees and may not be reproduced or transmitted in any form or by any means, electronic or mechanical, including photocopy, recording, scanning or any information storage and retrieval system, without written permission from MiRealSource, Inc.