5707 S Lake Street $395,000

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    5707 S Lake Street Glen Arbor, MI 49636

    • 2 Beds
    • 3 Baths
    • 2,330 sq. ft.
    • Condo/Townhouse
    • MLS# 80047938
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    Views: 8 Days On Site: 135

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    Property Details

    Welcome to the LeBear Luxury Residential Club located on the sandy shores of Lake Michigan, in downtown Glen Arbor. This exquisite property offers a 1/8 fractional ownership of pure worry-free vacation enjoyment. You will be impressed with the lavish design and deluxe finishes of this top floor newly constructed condo that features breathtaking views of the Manitou Islands and Lake Michigan Shoreline. The modern kitchen is fully equipped with high-end appliances, granite countertops, breakfast nook, island and flows nicely into the dining room with a gas log fireplace creating an elegant ambiance. The living room boasts beautifully beamed ceilings, large lake facing windows bringing the beauty and light into your living space and a second gas fireplace providing a cozy space to relax and unwind. Step outside onto the large private patio ideal for outdoor dining and relishing the evening sunset. The luxurious master bedroom is complete with access to a balcony overlooking the lake, walk-in closet, workspace and en-suite bathroom complete with a beautifully tiled steam shower, radiant floor heat, double vanity and air jetted tub. A guest bedroom, office/den with a pull-out couch and two additional full bathrooms provide privacy and space for your guests to be comfortable. As an owner you'll have access to a wide range of amenities including 242 feet of pristine shared frontage on Lake Michigan, an indoor and outdoor swimming pool and hot tub, fitness center, sauna, clubhouse, private garage and beautifully landscaped common areas. Located on the scenic and iconic M-22 drive you will find yourself surrounded by charming shops, restaurants and outdoor activities including boating, fishing, biking, hiking trails and exploring the nearby Sleeping Bear Dunes National Lakeshore. This beautiful condo on Lake Michigan is more than just a property; it's a lifestyle. Secure your slice of paradise in one of Northern Michigan's most sought-after locations.

    • General Features
      • Area Municipality Glen Arbor Twp (45006)
      • Bedrooms 2
      • Body of Water Lake Michigan
      • County Leelanau
      • Originating MLS Aspire North REALTORS
      • Ownership Private
      • Subdivision Le Bear Resort
      • Total SqFt Finished 2330
      • Waterfront Y/N Yes
      • Year Built 2022
      • ZONING Multi-Family
    • Building Features
      • Appliances Dishwasher, Disposal, Dryer, Microwave, Range/Oven, Refrigerator, Washer
      • Architecture Style Other
      • Bedroom 1 Level Main
      • Basement Type Poured
      • Cooling System Exhaust Fan
      • Exterior Construction Wood
      • Fireplace Features Gas Fireplace
      • Exterior Features Inground Pool, Porch, Sidewalks
      • Garage Type Detached Garage
      • Interior Features Spa/Jetted Tub, Walk-In Closet, Window Treatment(s)
      • Heating System Forced Air
    • Property Features
      • Sewer Septic Septic
      • PARKING Garage
      • Water Features Water View, Waterfront
      • Water Community Well
    • Schools
      • Elementary School Glen Lake Elementary School
      • School District Glen Lake Community School District

    Neighborhood

    49636 (Glen Arbor) Demographics

    71 Median Age
    19 Population Density (per sq. mile)
    73% College Educated
    $88,750 Estimated Median Income
    212 Estimated Total Home Owners
    0 Estimated Total Renters
    100% / 0% Estimated Owner / Renter Divide
    2 Estimated Average Household Size
    434 Total Population
    Community data courtesy of LiveBy, Inc.

    Market Last 30 Days In This Postal Code

    $315,000 Median Sales Price
    4 Homes Sold
    2 New On Market

    Average Days on Site

      Properties for Sale

        Calculations provided by Reliance Network

        Property History

        Date Event Price Percent Change
        -- Current Price Source: Multiple Listing Service New Value: $395,000
        7/5/2024 7:22:00 PM New in Database Source: Multiple Listing Service New Value: $395,000

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        ** Assumes 6.5% APR, 20% down payment, and conventional 30-year fixed rate first mortgage. Rates cited are for instructional purposes only; current rates are subject to change at any time without notice. You should not make any decisions based simply on the information provided. Additional required amounts such as taxes, insurance, homeowner association dues, assessments, mortgage insurance premiums, flood insurance or other such required payments should also be considered. Contact your mortgage company for current rates and additional information.
        Information is provided in part by the IDX program of the Great Lakes Repository. All information provided is deemed reliable but is not guaranteed and should be independently verified.

        Note: All room dimensions, including square footage data, are approximate and must be verified by the buyer. The information contained herein is furnished by the owner to the best of his/her knowledge but is subject to verification by the purchaser, and agent assumes no responsibility for the correctness thereof. The sale offering is made subject to errors, omissions, change of price, prior sale, or withdrawal without notice. In accordance with the Law, this property is offered without respect to race, color, creed, national origin, sex, familial status or disability. This is not intended to solicit property currently listed.