LKV Realty
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$478,000
$2,400Reward *
5242 Ostlund Drive, Hope, MI 48628Listing ID 50208644

5242 Ostlund Drive, Hope, MI 48628

Active
Billings Twp (26003)
Time on site: 81 daysLast updated: May 22, 2026
Property Type
Property Type
Residential
Property Sub Type
Property Sub Type
Single Family Residence
Bathrooms
Bathrooms
1
Square Feet
Square Feet
960
Acres
Acres
4.5
Days on Site
Days on Site
80
Cooling
Cooling
Ceiling Fan(s)
Heating
Heating
Propane, Forced Air
Year Built
Year Built
1949
Stories
Stories
1
Garages
Garages
4

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.

Property Information

Property Details

Location

Address
5242 Ostlund Drive
County
Gladwin
City
Hope
Zip Code
48628
Subdivision
Billings Twp (26003)
School District
Beaverton Rural Schools
MLS Area
Billings Twp (26003)
Century 21 Signature Realty Midland, (989) 837-2100

Interior Features

Beds and Baths

Full Bathrooms
1

Building

Building Information

Square Feet
960
Year Built
1949
Stories
1
Construction
Cinder Block
Foundation
Slab

Financial

Special Conditions
Standard

Property Taxes

Tax Annual Amount
$6,132
Tax Year
2023

Market Report for 48628

* The market data shown is based on available information from Multiple Listing Service (MLS) and/or public records. Data provided is for informational and educational purposes only and may not represent the full housing market. For more accurate information, consumers should consult a certified appraiser or licensed real estate agent.

*Average of $2,150 in rewards is calculated based on the purchase or sale of a home between $400,000 to $449,000. The median home price for all housing types is in the United States is $405,400 as of 2025 as reported by the National Association of Realtors® (NAR). The actual reward amount may vary depending on the purchase or sales price of the home. Please see the Lakeview Home Rewards program terms and conditions for more details. The National Association of Realtors® is a registered trademark of the National Association of Realtors®.

Source: MiRealSource
MiRealSource logo
Originating MLS: MiRealSource

Provided through IDX via MiRealSource. Courtesy of MiRealSource Shareholder. Copyright MiRealSource. The information published and disseminated by MiRealSource is communicated verbatim, without change by MiRealSource, as filed with MiRealSource 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 licensees 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.

For corrections to this data please contact Brytecore MLS Support.

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