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

Listing 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.

Source: SparkMLS

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