Waterfront
Address
5242 Ostlund Drive, Hope, MI
Price
$ 478,000
Property Attributes
  • MLS#50208644
  • TypeSingle Family
  • Listing Status Active
  • MunicipalityBillings Twp
  • CountyGladwin
  • CityHope
  • NeighborhoodBillings Twp
  • Zip48628
  • StyleSingle Family Residence
  • Year Built1949
  • Price$ 478,000
  • Bedrooms0
  • Full Bathrooms1
  • Half Bathrooms0
  • Sqr Footage960
  • Lot Size4.5 Acres
Data Source:
MichRIC Datashare (MichRIC, Realcomp, MiRealSource)
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.

Price History
6/5/2026 Listed $478,000

General Features

Sewer Septic Tank
Heating Forced Air
Garage Spaces 4
Year Built 1949
Township Billings Twp
Property Subtype Single Family Residence
County Gladwin
Property Type Residential
Association Amenities Boat Launch
HOA true
Attached Garage false
Subdivision Name Billings Twp
Garage Y/N true
Status Active
City Hope
Body of Water Wixom Lake
Lot Size Units Acres
Lot Size Square Feet 196020
Listing Terms Cash,Conventional,FHA,VA Loan
Standard Status Active
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

Interior Features

Interior Amenities Ceiling Fan(s)
Basement Slab
Heating Y/N true
Total Baths 1

Exterior Features

Parking Features Detached
Lot Size Area 4.5
Waterfront Y/N true
Building Area Total 960
Lot Dimensions 196 x 1,000
Lot Size Acres 4.5

Amenities

  • Foreclosure
  • Views
  • Short Sale
  • New Construction
  • Adult 55+
  • Lease To Own
  • No HOA Fees
  • Furnished
  • Primary On Main
  • Air Conditioning
  • Seller Finance
  • Green
  • Fixer Upper
  • Horse
  • Golf
  • Fireplace
  • Deck
  • Garage
  • Basement
  • Pool

Property vs Single Family Average in 48628

Price
AVG $390K
$480K
Year Built
AVG 1984
1949

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