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$390,000
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Property Description
This exclusive 2-bedroom, 2.5-bathroom retreat features a well-appointed den with a queen pull-out sofa, offering plenty of space for two full weekends with family and friends. Inside, you'll find a gourmet kitchen, two cozy gas fireplaces, and stunning views of Lake Michigan. Step outside to your private wraparound deck-complete with patio furniture and a grill-or head down to your own private beach frontage with kayaks and paddle boards at your disposal. Enjoy breathtaking western-facing sunsets overlooking Sleeping Bear Point and the Manitou Islands. The resort itself offers both indoor and outdoor pools, a shared clubhouse, billiards table, kitchen, and gym. Recently a new water filtration system was added. along with private parking and a one-car garage. Onsite maintenance and optional daily or weekly cleaning services ensure a worry-free stay. Perfectly located, this beautiful residence is only a short walk into charming Glen Arbor, where you'll find boutique shops, restaurants, and family fun including the new miniature golf course. Nearby towns including Leland, Suttons Bay, Frankfort, Empire, and Traverse City are just a short drive away, along with world-class vineyards, golf courses, and the Crystal River,one of the area's most beloved kayaking spots. This home includes 1/8th fractional ownership, giving you six weeks of use each year on a rotating calendar,one full week at a time. A rare opportunity for a back-to-back week is also available for purchase, giving you two consecutive weeks to enjoy. Owners may also rent their weeks to help offset association fees and taxes. Check out this drone footage of LeBear resort https://youtu.be/_2zYcgN3-mI. Don't miss the chance to own this luxurious Lake Michigan retreat, where every stay feels like a vacation of a lifetime.
Full Property Details
Full Property Details for 5707 S Lake St #5B
General
- Sold For: $390,000
- HOA FEE: $813/month
- HOA FEE FREQ.: Annually
- Taxes: $2,438
- Status: Closed
- Type: Single Family
- Source: SWMRIC_MLS
- MLS ID: 25041710
- Added to Site: 51 day(s) ago
Interior
- Number of Rooms: 10
- Interior Features: Center Island
- Fireplace: Yes
- Number of Fireplaces: 1
- Fireplace(s): Gas Log, Living Room, Gas Log, Living Room
- Appliances: Dishwasher, Dryer, Microwave, Range, Refrigerator, Washer
Rooms
Bathrooms
- Total Bathrooms: 3
- Full Bathrooms: 2
- Half Bathrooms: 1
Bedrooms
- Total Bedrooms: 2
Additional Information
- Shared Amenities: Beach Area, Clubhouse, Fitness Center, Pool
- Pool: Yes
- Pool Description: In Ground, Indoor, Outdoor/Above
Parking
- Garage: Yes
- Garage Spaces: 1
- Parking Features: Detached
Location
- Area: Traverse City - T
- County: Leelanau
- Cross Streets: S Sheridan Ln& Rt 22
- Driving Directions: US 31 north to 170A (10 east) to US 31 north to Indian Hill Rd north to Fowler Rd east to Valley Rd north to Rt 22 northeast to S Lake St north to home.
Community
- Association: Yes
- Assoc. Fees Include: Other, Trash, Sewer, Lawn/Yard Care
Heating & Cooling
- Central air: Yes
- Air Conditioning: Yes
- Cooling Type: Central Air Conditioning
- Heating Type: Forced Air
Utilities
- Sewer: Public
- Water: Public
Structural Information
- Construction: Shingle Siding, Stone, Wood Siding
- Basement: Yes
- Stories/Levels: 1
- Square Feet: 2,200
- Living Area: 2,200 Sq. Ft.
- Year Built: 2004
Lot Features
- Lot Features: Level, Sidewalk
Water Features
- Water Front: Yes
- Water Front Name: Lake Michigan
- Water Front Desc.: Lake
- Lake Front: Yes
Financial Considerations
- Association Fee: $9,750
- Assoc Fee Freq.: Annually
- Tax Amount: $2,438
- Terms: Cash, Conventional
Disclosures and Reports
- Legal Description: UNIT 5-B LE BEAR RESORT CONDO SEC 22 T29N R14W 0.005 A M/L MD L664 P476/ 1ST AMEND L810 P640/ 2ND AMEND REC L901 P878/ 3RD AMEND L1006 P811/ 4TH AMEND L1045 P27/ 5TH AMEND L1048 P34/ 6TH AMEND L1087 P339/ 7TH AMEND L1087 P344/ 8TH AMEND L1087 P349
- Property ID: 006-724-005-10
Listed by HomeRealty, LLC, Alishia Monasmith and Betsi Stone
Sold by LVR Realty, LLC, Ranae M Ihme
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Schools
Schools serving 5707 S Lake St #5B
School District:Glen Lake Community Schools
| Name | Grades | Distance |
|---|---|---|
Glen Lake Community School 3375 West Burdickville Road, Maple City, MI 49664 | PK-12 | 4.8 mi |
Disclaimer:
School attendance boundaries provided by ATTOM Data Solutions and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 5707 S Lake St #5B
Date
Details
Price
Change
Source
2/26/2026
Sold
$390,000
-1.27%
MLS
8/16/2025
Listed
$395,000
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
5707 S Lake Street #5B, Glen Arbor, MI 49636 (MLS# 25041710) is a Single Family property that was sold at $390,000 on February 26, 2026. Want to learn more about 5707 S Lake Street #5B? Do you have questions about finding other Single Family real estate for sale in Glen Arbor? You can browse all Glen Arbor real estate or contact a Coldwell Banker agent to request more information.
