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Jenn Smart

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5707 S Lake , Glen Arbor, MI 49636
$375,000
Est. Payment: $1,954.18/mo
3 Bed
3 Bath
2500 Sqft
Status: active | Days on site: 72
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VCR-C15903466 - VCR-C159091383,VCR-C159052275
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House 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, 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 incredible fractional ownership experience. The condos themselves have two bedrooms, a den with a murphy bed, two and one half bathrooms, a gourmet kitchen, two fireplaces (in this unit - both in the living room and family 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, tasteful style, and the fractional ownership unit available, 6A, 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 very effective at covering association costs and taxes.

Highlights

Listed by Ranae Ihme , 231-218-2714 LVR Realty, LLC , 231-218-2714. MiRealSource, Inc. mls logo

Property Type

Condo/Townhome

HOA Fee

10175 Yearly

Year Built

2004

County

Leelanau

Area

Glen Arbor Twp (45006)

Neighborhood

Le Bear Resort

School District

Glen Lake Community School District

Listing ID

80067802

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Interior Features

Bedrooms and Bathrooms
  • Bedrooms:3
  • Bathrooms:3
  • Full Bathrooms:2
  • 1/2 Bathrooms:1
Appliances:Dishwasher, Disposal, Dryer, Freezer, Microwave, Range/Oven, Refrigerator, Washer
Air Cond:Ceiling Fan(s),Central A/C,Exhaust Fan
Fireplaces:Gas Fireplace
Above Ground Sq Ft:2500
Below Ground Sq Ft:0
Basement:Poured
Other:
  • Additional:Cathedral/Vaulted Ceiling, Spa/Jetted Tub, Indoor Pool, Walk-In Closet, Window Treatment(s)
Water:Public Water

Exterior Features

Zoning:Multi-Family
Others:
  • Additional:Inground Pool, Porch, Sidewalks, Spa/Hot Tub
Sewer:Community
Parking Features:Detached Garage,Gar Door Opener,Garage
Principal Interest
$1,954
Taxes
$239
HOA
$10,175

Home Price

$375,000

Loan Details

30 yrs
6.792%

Down Payment

20%
$75,000
All calculations are estimates and provided by Blueroof360. Today’s Rates provided by Blueroof360. Information and interactive calculators are made available to you only as self-help tools for your independent use and are not intended to provide investment or tax advice. We cannot and do not guarantee their applicability or accuracy in regards to your individual circumstances. All examples are hypothetical and are for illustrative purposes. We encourage you to seek personalized advice from qualified professionals regarding all personal finance issues.
Monthly Price:
$1,954.18

Principal

Taxes

HOA

Principal Taxes HOA Total
Monthly $1,954.18 $239.06 $10,175.00 $12,368.24
Yearly $23,450.13 $2,868.75 $122,100.00 $148,418.88
Total $703,503.78 $86,062.50 $3,663,000.00 $4,452,566.28
Lender profile image
So-Crates Johnson
Dust, Wind, Dude
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Market insight data is pulled from the same city as the listing being viewed (Glen Arbor, MI).

The schools listed are within a 2-mile radius of the property; however, attendance is not guaranteed. Please contact the local school district to confirm zoning and enrollment options.

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Data last updated: 2026-09-02T07:12:09.900Z

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