$478,000 for Sale

5242 ostlund drive, hope, MI 48628

960 Sqft 4.50 Acres 1 of 1
Property 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 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.
Waterfront
Water Name:  wixom lake
Water Description:  Canal Front,Water Front
General Information
Sale Price: $478,000
Price/SqFt: $498
Status: Active
MLS#: sbrmi61050208644
City: billings twp
Post Office: hope
Schools: beaverton
County: Gladwin
Subdivision: n/a
Acres: 4.5
Lot Dimensions: 196 x 1,000
Bedrooms:
Bathrooms:   (1 full)
House Size: 960 sq.ft.
Acreage: 4.5 est.
Year Built: 1949
Property Type: Single Family
Style: Cottage,Ranch
Features & Room Sizes
Bedroom 1: 
Bedroom 2 : 
Bedroom 3: 
Bedroom 4: 
Family Room: 
Greatroom: 
Dinning Room: 
Kitchen: 
Livingroom: 
Pole Buildings: 
Paved Road:  Paved
Garage:  4 Car
Garage Description:  Detached
Construction:  Block
Exterior:  Block
Fireplaces:  1
Basement:  No
Foundation :  Slab
Cooling:  Ceiling Fan(s)
Heating:  Forced Air
Fuel:  Propane
Waste:  Septic Tank (Existing)
Watersource:  Well (Existing)
Tax, Fees & Legal
Est. Summer Taxes:  $3,540
Est. Winter Taxes:  $2,952
HOA fees:  1
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


IDX provided courtesy of Realcomp II Ltd. via Atlas Real Estate and Saginaw Board of REALTORS®, ©2026 Realcomp II Ltd. Shareholders Listing By: Robert Zientek of Century 21 Signature Realty Midland, Phone: (989) 837-2100
810-636-3400 Call Jeff Dawley for more information about this property.

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This Home located at
5242 ostlund drive, hope MI 48628
is currently for sale priced at $478,000 and was listed on May, 22, 2026 and has been on the market for 0 days.

5242 ostlund drive has approximately 960 square feet. This home is in the beaverton school district and has a lot size of 196 x 1,000 with 4.5 acres and was built in 1949. 5242 ostlund drive is in the 48628 ZIP Code area of hope.

If you have any questions about this property or any others, please don't hesitate to contact me.