For Sale
Single family home for sale at 5242 Ostlund Dr, Hope, MI 48628 | MLS# 50208644 | Listing updated on 2026-05-22
Photo 1 of Single family home for sale at 5242 Ostlund Dr, Hope, MI 48628 | MLS# 50208644 | Listing updated on 2026-05-22
Photo 2 of Single family home for sale at 5242 Ostlund Dr, Hope, MI 48628 | MLS# 50208644 | Listing updated on 2026-05-22
Photo 3 of Single family home for sale at 5242 Ostlund Dr, Hope, MI 48628 | MLS# 50208644 | Listing updated on 2026-05-22
Photo 4 of Single family home for sale at 5242 Ostlund Dr, Hope, MI 48628 | MLS# 50208644 | Listing updated on 2026-05-22
30+
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Street View

$478,000

Monthly Est:$2,379

  • Beds Icon-- Bed
  • Beds Icon
    1 Bath
  • Beds Icon960sqft

5242 Ostlund Dr, Hope, MI 48628

$2,379/moEst:

Get Pre-Approved

  • Single Family Residence

  • Built in 1949

  • $-- HOA

  • 4.5 acres lot

  • $498/sq.ft

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.

  • Houzeo last checked: 14 minutes ago
  • Listing updated: May 22, 2026 at 7:29 pm
  • Listing Provided by: Robert Zientek (989) 506-5635 DRE #6501450988 | Century 21 Signature Realty Midland (989) 837-2100
  • Source: MiRealSource MLS-MI | MLS#: 50208644 MiRealSource MLS-MI

Property Details

  • Status

    Active

  • Type

    Single Family Residence

  • No. of Stories

    1

  • County

    Gladwin County

  • City

    Hope

  • Neighborhood

    --

  • Year Built

    1949

  • HOA Fees

    -

  • Finished Area

    960 sqft

  • Lot Size

    4.5 acres lot

  • Basement Area

    - sqft

  • MLS Name

    MiRealSource MLS

  • MLS Number

    50208644

  • MLS Status

    Active

  • Days on Market

    141

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Location

Facts & Features

Rooms

  • Bedrooms & bathrooms

    Bedroom: --

    Bathroom: 1

Interior

  • Sewer

    Septic Tank

  • Cooling

    Ceiling Fan(s)

  • Heating

    Propane, Forced Air

Construction

  • Year Built

    Year Built: 1949

  • Home type

    Single Family Residence

  • Architectural Style

    Ranch, Cottage

  • Foundation Details

    Slab

  • Construction Materials

    Cinder Block

Utilities & Energy

  • Water Source

    Private Well

  • Fireplace Features

    Great Room

Other Features

  • Disclosures

    Signed Disclosure

  • Lot Features

    Dead End, Subdivision, Platted, Split Possible

Price History

DateEventPrice

05/22/2026

Source: mls_logoMiRealSource MLS-MI #50208644

Listed for Sale

$478,000 -3.34%

$498/sqft

11/07/2025

Source: mls_logoMiRealSource MLS-MI #50160513

Listing Removed

$494,500

$515/sqft

11/07/2024

Source: mls_logoRealcomp MLS-MI #61050160513

Off Market

$494,500

$515/sqft

11/07/2024

Source: mls_logoMiRealSource MLS-MI #50160513

Listed for Sale

$494,500

$515/sqft

Nearby Homes

Based on information from MiRealSource through Oct 11, 2026, 12:00AM . All information is provided exclusively for 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 accuracy of all information, regardless of source, is not guaranteed or warranted. All information should be independently verified. Provided through IDX via MiRealSource, Inc. Courtesy of MiRealSource Shareholder. © 2026 MiRealSource. All Rights Reserved.

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