Your very own lakefront sanctuary, all for a fraction of the price.
Many people find they only spend at least four to six weeks at their vacation home every year. Why not only pay for the time you will actually use the property?
Imagine having your own private sanctuary with luxurious amenities and sweeping views of Lake Michigan, all for a fraction of the price of a typical vacation home. That’s the secret – LeBear is anything but typical.
LeBear Resort is a Private Residence Club (PRC) that offers opportunities for affordable fractional ownership and rentals. As an owner, you’ll retain one-eighth undivided deeded interest in a fully-furnished residence, which can be sold, exchanged, or placed in a trust. Can’t make it to LeBear during one of your deeded weeks? You can rent your residence and enjoy the added benefits of extra income.
A sense of ease and peace of mind is part of the package of being an owner at LeBear. Our on-site concierge, housekeeping, and maintenance staff is ready to anticipate and enhance your needs, even when you are away. Our staff will take the utmost care of your property – all you’ll need to do is show up and relax. We do the work, you decide what works for you.
Expanding the perks of your investment at LeBear, you can become a member of The Registry Collection®, a luxury fractional exchange club. As part of The Registry Collection®, you will have access to some of the finest exclusive resorts around the world with opportunities to trade deeded weeks with other owners.
While you are free to use any realtor, you can obtain more information about ownership at LeBear by contacting Nicollette Hammond at (231) 242-1818 or LeBear@HolidayVacationRental.com.
UNDERSTANDING FRACTIONAL OWNERSHIP
Fractional ownership is a method in which several unrelated parties can share in the ownership of a LeBear residence. One of the main motivators for a fractional purchase is the ability to share the costs of maintaining a residence that will not be used full-time by one owner.
The main distinction between timeshare and fractional ownership is that with a timeshare you buy the right to use a property, but with fractional ownership, you are buying real estate. You get a deeded piece of your LeBear residence, just not for the entire property.
Fractional ownership divides a property into more affordable segments for individuals and also matches an individual's ownership time to their actual usage time. A one-eighth fractional share gives the owners certain privileges, including six weeks each year when they can use the property.
A key aspect for any fractional owner is to understand their usage rights and the reservation plans. If you are interested in owning a residence at LeBear, please reach out to us with any questions.
For the current inventory of LeBear ownership fractions, please see the Realtor.com search below.