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For sale
    • $478,000

    5242 Ostlund Dr, Hope, MI 48628

    0beds
    960sqft
    : 
    $3,241/mo
    Get pre-qualified
    Single Family Residence
    Built in 1949
    4.5 Acres Lot
    $248,800 Zestimate®
    $498/sqft
    $-- HOA

    What's special

    Single level cabinMostly wooded lotsCrackling firePrivate paved drive
    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.
    105 days
    220
    10

    Zillow last checked:

    Listing updated:

    Listed by:

    Robert Zientek 989-506-5635,

    Century 21 Signature Realty Midland 989-837-2100

    Source: MiRealSource,MLS#: 50208644MLS LogoOriginating MLS: Saginaw Board of REALTORS

      Facts & features

      Interior

      Bedrooms & bathrooms
      • Bedrooms: 0
      • Bathrooms: 1
      • Full bathrooms: 1
      Rooms
      • Room types: Great Room, Bathroom
      Bathroom 1
      • Level: First
      Kitchen
      • Area: 1
      • Dimensions: 1 x 1
      Heating
      • Forced Air, Propane, Electric
      Cooling
      • Ceiling Fan(s)
      Features
      • Has basement: No
      • Number of fireplaces: 1
      • Fireplace features: Great Room
      Interior area
      • Total structure area: 960
      • Total interior livable area: 960 sqft
      • Finished area above ground: 960
      • Finished area below ground: 0

      Property

      Parking
      • Total spaces: 4
      • Parking features: Detached
      • Garage spaces: 4
      Features
      • Levels: One
      • Stories: 1
      • Has view: Yes
      • View description: Water
      • Has water view: Yes
      • Water view: Water
      • Waterfront features: All Sports Lake, Canal Front, Seawall, Waterfront
      • Body of water: Wixom Lake
      • Frontage type: Road
      • Frontage length: 1000
      Lot
      • Size: 4.5 Acres
      • Dimensions: 196 x 1,000
      • Features: Dead End, Subdivision, Platted, Splits Available
      Details
      • Parcel number: 03018500001799
      • Zoning description: Residential
      • Special conditions: Private

      Construction

      Type & style
      • Home type: SingleFamily
      • Architectural style: Ranch,Cottage
      • Property subtype: Single Family Residence
      Materials
      • Block
      • Foundation: Slab
      Condition
      • Year built: 1949

      Utilities & green energy

      • Sewer: Septic Tank
      • Water: Private Well

      Community & HOA

      Community
      • Features: Boat Dock
      • Subdivision: N/A
      HOA
      • Has HOA: No
      Location
      • Region: Hope

      Financial & listing details

      • Price per square foot: $498/sqft
      • Annual tax amount: $6,131
      • Date on market: 5/22/2026
      • Listing agreement: Exclusive Right To Sell
      • Listing terms: Cash,Conventional,FHA,VA Loan
      • Road surface type: Paved

        Estimated market value

        $248,800

        $202,000 - $301,000

        $1,357/mo

        Price history

        DateEventPrice
        5/22/2026Listed for sale$478,000$498/sqft
        Source: MIDMLS #50208643 Report a problem

        Public tax history

        YearProperty taxesTax assessment
        2025$6,392 +16.8%$197,500 +31.6%
        2024$5,473 $150,100 +32%
        2023-- $113,700
        Find assessor info on the county website

        Monthly payment

        Est. payment

        Payment breakdown

        Explore the cost of this home by adjusting the details. Changes won't be saved.
        All calculations are estimates and provided by Zillow, Inc. for informational purposes only. Actual amounts may vary.
        HOA fees may include property taxes on listings classified as Co-Ops. Contact the listing agent and/or owner for fee details.
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        Climate risks

        Neighborhood: 48628

        Getting around

        3 / 100
        Car-Dependent
        23 / 100
        Somewhat Bikeable

        Nearby schools

        GreatSchools rating
        Schools provided by the listing agent
        • District: Beaverton Rural Schools

        Source: MiRealSource. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.

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