5242 Ostlund Drive
Hope, MI 48628
$478,000
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 parcel 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.
| Mls #: | 50208644 |
|---|---|
| Asking Price: | $478,000 |
| Property Type: | Residential |
| Type: | Single Family |
| Property Status: | Active |
| Ownership: | true |
| Bedrooms: | 0 |
| Baths Full: | 1 |
| Lavatory: | 0 |
| Above Grade Sq Ft: | 960 |
| Fee Amount: | $0 |
| # Of Acres: | 4.5 |
| Architecture Style: | Ranch,Cottage |
| Waterfront Y/N: | Yes |
| Town: | Hope |
| County: | Gladwin |
| ZIP: | 48628 |
| Year Built: | 1949 |
| Area: | Billings Twp (26003) |
| Sale/Rent: | For Sale |
| Fireplace Y/N: | Yes |
| Association Fee Y/N: | No |
| Site Condo Y/N: | No |
| School District: | Beaverton Rural Schools |
| Pre/Homestead: | No |
| Signed Disclosure Y/N: | Yes |
| Manufactured Y/N: | No |
| Lease Y/N: | No |
| Contract: | Exclusive Right to Sell |
| Assessments Y/N: | Yes |
| Cross Street 1: | Middle Road |
| Cross Street 2: | E Shearer Road |
| Lot Size: | 196 x 1, 000 |
| Body Of Water: | Wixom Lake |
| Garage Dimensions: | 50' by 80' |
| Lavatory: | 0 |
| Total Rooms: | 2 |
| Kitchen Dimensions: | 1x1 |
| Summer Tax Yr: | 2023 |
| Winter Tax Yr: | 2023 |
| Total Tax Year: | 2023 |
| Sev Year: | 2024 |
| Garage # Of Car: | 4 |
| Baths/Lavs Total: | 1 |
| Summer Tax: | $3,540 |
| Winter Tax: | $2,952 |
| Total Tax Amount: | $6,132 |
| Bathroom 1 Level: | First |
| Garage Y/N: | Yes |
| Pool Y/N: | No |
| Land Contract Y/N: | No |
| Guest Listing Y/N: | No |
| Frontage Type: | Road |
| Structure Style: | 1 Story |
| Subj To Short Sale Apprvl: | No |
| Ownership: | Private |
| Horses Allowed: | No |
| Listing Broker Sign Y/N: | Yes |
| Other Sign On Proprty Y/N: | No |
| Full Service Listing Y/N: | Yes |
| Municipality: | Billings Twp |
| Source Mls: | MiRealSource |
| Originating Mls: | Saginaw Board of REALTORS |
| Total Sq Ft Finished: | 960 |
| Frontage: | 1,000 |
| Assessments Amount: | $63,621.30 |
| Assoc/Community Amenities: | Boat Dock |
| Cooling System: | Ceiling Fan(s) |
| Exterior Construction: | Cinder Block |
| Fireplace Features: | Grt Rm Fireplace |
| Foundation Type: | Slab |
| Garage Type: | Detached Garage |
| Heat/Fuel Type: | LP/Propane Gas |
| Heating System: | Forced Air |
| Financial Terms: | Cash, Conventional, FHA, VA |
| Roads: | Paved Street |
| Sewer/Septic: | Septic |
| Water: | Private Well |
| Water Features: | All Sports Lake, Canal Frontage, Sea Wall, Water View, Waterfront |
| Zoning: | Residential |
| Rooms: | Great Room, First Flr Full Bathroom |
| Source Of Sq Ft: | Estimated |
| Site/Lot Features: | Dead End, Subdivision, Platted, Splits Available |
| Supplemental Heat: | Electric |
| Shoreline: | Cleared |
| Taxable Value Year: | 2024 |
| Fireplaces Total: | 1 |
| Possession: | At Close |
Listing Courtesy of: Century 21 Signature Realty Midland
Listing Agent: Robert Zientek
989-506-5635
409 Ashman, Suite 3 Midland, MI 48640
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Provided through IDX via MiRealSource, as the "Source MLS", courtesy of the Originating MLS shown on the property listing, as the Originating MLS.
The information published and disseminated by the Originating MLS is communicated verbatim, without change by the
Originating MLS as filed with it by its members. The accuracy of all information, regardless of source, is not
guaranteed or warranted. All information should be independently verified.
Copyright 2026 MiRealSource. All rights reserved. The information provided hereby constitutes proprietary
information of MiRealSource, Inc. and its shareholders, affiliates and licenses and may not be reproduced or
transmitted in any form or by any means, electronic, or mechanical, including photocopy, recording, scanning or any
information storage and retrieval system, without written permission from MiRealSource, Inc.
MiRealSource data last updated on November 02, 2026 07:21 PM - ET.
Property Last Updated: November 02, 2026 07:21 PM - ET
