$2,077 Closing Credit¹
#50166192, MARILYN HARRELL, Listing Office: BETTER HOMES AND ACRES LLC
$494,500 List price
5242 Ostlund Dr Hope, MI 48628
$5,872
Closing credit¹
1 full
960 sqft
4.5 acres
$515 / sqft
House
Property details
About 5242 Ostlund Dr
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, half way 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.
Highlights
Home typeSingle Family Residence
HeatingForced Air, Propane
StatusActive
CoolingCeiling Fan(s)
Size960 sqft
Lot size4.5 Acres
Year built1949
ParkingFour Car Garage, Detached, Electricity in Garage, Garage, Street Parking, Side Entrance
MLS #61050160513
Garage4 spaces
WaterfrontLake, Canal, Lake Front, Seawall, Waterfront
FireplaceGreat Room, Wood Burning
Summary
- MLS Number: 61050160513
- MLS Name: Saginaw Board of REALTORS
- Office Name: Modern Realty
- Office Phone: (989) 486-9770
- Listing Agent: Glenn Wyman, Robert Zientek
Disclaimer: The data relating to real estate on this web site comes in part from the IDX of Realcomp II Ltd. The accuracy of all information, regardless of source, is not guaranteed or warranted. All information should be independently verified.
IDX information is provided exclusively for consumers personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Any use of search facilities of data on the site, other than by a consumer looking to purchase real estate, is prohibited.
IDX provided courtesy of Realcomp II Ltd. Copyright © 2025 Realcomp II Ltd. Shareholders. All rights reserved. Originating MLS shown with each listing detail.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 3/9/2025, 6:20:55 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.
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$494,500
5242 Ostlund Dr
$5,872
closing credit¹
Sell your home with Rocket and save even more!
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0.5% sale price²
Price information
Property sales
We're sorry, we currently don't have property sales data for this listing.
Tax history
| Year | Assessment | Property Tax |
|---|---|---|
| 2024 | $150,100 | $6,131 |
| 2023 | $113,700 | $- |
History based on county public records data.
Nearby schools
5
Beaverton Elementary School
Public Magnet KG-6
8.2 mi
•440 S Ross St
5
Meridian Elementary School
Public District PK-4
8.9 mi
•3353 N Meridian Rd
4
Gladwin Intermediate School
Public District 3-5
13.2 mi
•780 W 1st St
School ratings are a score out of 10, where 10 is the highest and 1 is the lowest.
Neighborhood
The neighbors living near this home have an average income of $33,462. The majority of Hope, MI residents have income less than $<35k annually. Most families are married, no kids. Typical level of education for residents in this area is high school diploma.
How much money do the neighbors make?
52%
<35k
39%
35k-100k
9%
100k-200k
0%
200k+
What level of education do the neighbors have?
High School Diploma
Post Secondary Degree
Masters Degree
What types of families live nearby?
39%
Single, No Kids
8%
Single, with Kids
41%
Married, No Kids
12%
Married, with Kids
Are the neighbors home owners or renters?
Home Owners
Renters
How old are people in this area?
11%
<11 yrs old
7%
12-17 yrs old
13%
18-34 yrs old
48%
35-64 yrs old
21%
65+ yrs old
What do the neighbors do for fun?
Hunting
NASCAR
Figure Skating
Where do the neighbors shop?
Wal-Mart
Dollar General
Bass Pro Shops
Where do the neighbors go to eat?
Hardee's
Jimmy Johns
Applebees
What do the neighbors drive?
Ram
GMC
Chevrolet
What do the neighbors listen to?
Classic Country
New Country
Oldies
All data provided by Home Junction and Claritas
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Frequently asked questions
About 5242 Ostlund Dr
This home is located at 5242 Ostlund Dr in Hope, MI and zip code 48628. This 960 square foot home, which was built in 1949, sits on a 4.50 acre lot. Features: 1 bathroom. It has been listed on Rocket Homes since November 7, 2024 and is currently priced at $494,500.
From Rocket Homes Real Estate and based on county public records data.