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5242 Ostlund Drive, 
Hope, MI 48628

$478,000


Bed


1

Bath


960

Sq Ft


Single Family

Active

Listed by

Robert Zientek

Century 21 Signature Realty Midland

989-837-2100

Last updated:

June 6, 2026, 12:16 AM

MLS#

50208643

Source:

MI MBOR

About This Home

5242 Ostlund 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 180 degree 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. Sellers are open to negotiations on splitting the property lots.

Home Facts

Single Family

1 Bath

Built in 1949

Price Summary

478,000

$497 per Sq. Ft.

MLS #:

50208643

Last Updated:

June 6, 2026, 12:16 AM

Added:

15 day(s) ago


Rooms & Interior

Bathrooms

Total Bathrooms:

1

Full Bathrooms:

1

Interior

Living Area:

960 Sq. Ft.


Structure

Structure

Architectural Style:

Ranch

Building Area:

960 Sq. Ft.

Year Built:

1949


Lot

Lot Size (Sq. Ft):

196,020


Finances & Disclosures

Finances

Price:

$478,000

Price per Sq. Ft:

$497 per Sq. Ft.

Source:MI MBOR
The information being provided by Midland Board Of REALTORS® Mls is for the consumer’s personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. The information is deemed reliable but not guaranteed and should therefore be independently verified. © 2026 Midland Board Of REALTORS® Mls All rights reserved.
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Contact an Agent

Yes, I would like more information. Please use and/or share my information with a Coldwell Banker ® affiliated agent to contact me about my real estate needs. By clicking Contact, I request to be contacted by phone or text message and consent to being contacted by automated means. I understand that my consent to receive calls or texts is not a condition of purchasing any property, goods, or services. Alternatively, I understand that I can access real estate services by email or I can contact the agent myself.

If a Coldwell Banker affiliated agent is not available in the area where I need assistance, I agree to be contacted by a real estate agent affiliated with another brand owned or licensed by Anywhere Real Estate (BHGRE®, CENTURY 21®, Corcoran®, ERA®, or Sotheby's International Realty®). I acknowledge that I have read and agree to the terms of use and privacy notice.