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5242 Ostlund Drive

Hope, Michigan 48628

$478,000 $2,015/Mo

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Overview

Bed

Bath

960

Sqft

4.50

Acres(Lot)

Description

Motivated Sellers. Excited to Review ALL OFFERS! Dreaming on 5242 Ostlund Dr. in Hope, Michigan! Great potential for Dreams to come true on what is unquestionably the most desirable location on Wixom Lake. Located in Gladwin County on the east shore of Wixom Lake (Tittabawassee River) with mostly wooded lots, halfway between the Edenville Dam and the Estey Road bridge, with access via the terminus of a private paved drive off Middle Road. Whether you are admiring the gorgeous colors of Autumn, cozying up by the crackling fire watching the snow fall in Winter, or viewing the awe-inspiring sunsets year-round, you will enjoy the 180degree unobstructed view of the lake. The parcel consists of 8 contiguous lots from the original plats of the Ostlund and Pudlo Subdivisions. Since 1949, the parce l has been owned by a family which used the single level cabin and environs as a recreational retreat during the summer months. When the water returns the property boasts a magnificent sandy bottomed swimming area, 40 yards wide along over 500 feet of lake frontage, plus a docking facility with 4 ft. depth. The 4 ½ acre parcel is served with Consumers Energy electricity and has natural gas service available.

Property Details

Property Type : Residential

Price : $478,000

AD Id : 79067633

MLS Id : 61050208644

Lot Size : 4.50 Acres

Living Area Size : 960

Year Built : 1949

Garage : 4 Car

County : Gladwin

Map

What's Nearby

Nearby Areas

Features

Bathroom Information

Total Baths: 1 Full Baths: 1
Room Information

Total Rooms: 3

Interior Features

Fireplace: Yes
Heating & Cooling

Cooling: Ceiling Fan(s) Heating: Forced Air Heating Fuel: Propane

Fireplace

Great Room

Building Information

Year Built: 1949 Building Stories: 1 Story Fireplace: Great Room Construction: Platted Sub. Foundation/Basement: Slab Architecture: Cottage,Ranch
Exterior Features

Construction: Block
Utility Features

Sewer: Septic Tank (Existing)
Water

Well (Existing)

Lot Information

Lot Size: 4.50 Lot Dimensions: 196 x 1,000 Lot Features: Water View Frontage Feet: 1000 Waterfront: All Sports Lake,Sea Wall Waterfront Description: Canal Front,Water Front
Property Information

SQ ft: 960 Subdivision: N/A Financing: Cash,Conventional,FHA,VA

Listing Price Information

Original List Price: $478,000
Listing Information

Possession: At Close Legal Description: LOT:17-21 CITY/MUNI/TWP:BILLINGS TOWNSHIP 17 1E OSTLUND SUB LOTS 17-18-19-20-21-22. COMBINED ON 01/01/2023 FROM 030-185-000-017-01, 030-185-000-019-00; INTO 030-185-00

Tax Information

Annual Tax: $6,132 Parcel Number: 03018500001799
Possession

At Close
Legal Information

Legal Description: Section: LOT:17-21 CITY/MUNI/TWP:BILLINGS TOWNSHIP 17 1E OSTLUND SUB LOTS 17-18-19-20-21-22. COMBINED ON 01/01/2023 FROM 030-185-000-017-01, 030-185-000-019-00; INTO 030-185-00

Parking Information

Has Garage: Yes Garage Size: 4 Car Garage: 50' by Garage Description: Detached
Multi-Unit Information

Road Frontage: Paved

School Information

School District: Beaverton
Fire Place Information

Fire Place: Yes Fire Place Location: Great Room
Utility Information

Water: Well (Existing) Sewer: Septic Tank (Existing)

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Nearby Home Value

Address	Estimate	Bed	Bath	Sq. Ft	Lot Size
4800 Maxson Drive , Hope, MI, 48628	$174,000	3	1.5	1,200	1,200 SqFt
7451 N Narragannett Dri.., Hope, MI, 48628	$250,000	4	2	2,219	2,219 SqFt
6408 N Five Mile Road , Hope, MI, 48628	$367,500	4	2.5	2,704	2,704 SqFt
4636 N Hope Road , Hope, MI, 48628	$650,000	3	2.5	1,854	1,854 SqFt

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Disclosure: The accuracy of all information, regardless of source, is not guaranteed or warranted. All information should be independently verified. Any use of search facilities of data on the site, other than by a consumer looking to purchase real estate, is prohibited. IDX provided courtesy of Realcomp II Ltd., via ByOwner.com and REALCOMP, Copyright 2026 Realcomp II Ltd. Shareholders. REALTOR (R) licensed in the state of Michigan. The listing broker’s offer of compensation is made only to participants of the MLS where the listing is filed and to participants of any data share partner MLS.

ByOwner last updated this listing 07/18/2026 @ 16:58

MLS: 61050208644 LISTED BY: Robert Zientek , Century 21 Signature Realty Midland 989-837-2100 SOURCE: Realcomp II Ltd