# 5242 Ostlund Drive, Hope, MI 48628

> **TL;DR:** 0bd/1ba single family, $478,000 ($498/sqft), built 1949, 960 sqft.
> Fireplace, Waterfront. Est. $2,556/mo. Listed 119 days.

## Property at a Glance

| Attribute | Value |
|-----------|-------|
| Price | $478,000 |
| Price/sqft | $498 |
| Bathrooms | 1 full |
| Square Feet | 960 |
| Year Built | 1949 |
| Lot Size | 196,020 sqft (4.50 acres) |
| Stories | 1 |
| Property Type | Single Family (Single Family Residence) |
| Status | Active |
| Days on Market | 119 |

## Why This Home Stands Out

- **Waterfront** - Waterfront location listed

## Estimated Monthly Costs

| Category | Amount |
|----------|--------|
| Principal & Interest (20% down, 30-year at 6.5%) | $2,417 |
| Estimated Insurance | $139 |
| **Total** | **$2,556** |

## Key Amenities

- Fireplace
- Waterfront

## Property Highlights

- Built in 1949
- 4.50 acre lot
- Fireplace
- Waterfront

## Description

### Agent 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 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 1/2 acre parcel is served with Consumers Energy electricity and has natural gas service available. Sellers are open to negotiations on splitting the property lots.

## Location

- **Address:** 5242 Ostlund Drive, Hope, MI 48628
- **County:** Gladwin
- **Coordinates:** 43.835886, -84.332848
- **Google Maps:** https://www.google.com/maps?q=43.835886,-84.332848

## Listing Agent

- **Name:** Robert Zientek
- **Brokerage:** Century 21 Signature Realty
- **Phone:** 9895065635
- **Broker Phone:** (989) 921-7000

## Photos

![5242 Ostlund Drive - Photo 1](http://lh.rdcpix.com/31905f5f14dcbb65fdd23ad601bd0318l-f1662211845r.jpg)

![5242 Ostlund Drive - Photo 2](http://lh.rdcpix.com/31905f5f14dcbb65fdd23ad601bd0318l-f3317285442r.jpg)

![5242 Ostlund Drive - Photo 3](http://lh.rdcpix.com/31905f5f14dcbb65fdd23ad601bd0318l-f1691941974r.jpg)

![5242 Ostlund Drive - Photo 4](http://lh.rdcpix.com/31905f5f14dcbb65fdd23ad601bd0318l-f3524565416r.jpg)

![5242 Ostlund Drive - Photo 5](http://lh.rdcpix.com/31905f5f14dcbb65fdd23ad601bd0318l-f3317614815r.jpg)

![5242 Ostlund Drive - Photo 6](http://lh.rdcpix.com/31905f5f14dcbb65fdd23ad601bd0318l-f2227491235r.jpg)

![5242 Ostlund Drive - Photo 7](http://lh.rdcpix.com/31905f5f14dcbb65fdd23ad601bd0318l-f3414748508r.jpg)

![5242 Ostlund Drive - Photo 8](http://lh.rdcpix.com/31905f5f14dcbb65fdd23ad601bd0318l-f2272261184r.jpg)

![5242 Ostlund Drive - Photo 9](http://lh.rdcpix.com/31905f5f14dcbb65fdd23ad601bd0318l-f3712619099r.jpg)

![5242 Ostlund Drive - Photo 10](http://lh.rdcpix.com/31905f5f14dcbb65fdd23ad601bd0318l-f384876884r.jpg)

![5242 Ostlund Drive - Photo 11](http://lh.rdcpix.com/31905f5f14dcbb65fdd23ad601bd0318l-f989503380r.jpg)

![5242 Ostlund Drive - Photo 12](http://lh.rdcpix.com/31905f5f14dcbb65fdd23ad601bd0318l-f2249663026r.jpg)

![5242 Ostlund Drive - Photo 13](http://lh.rdcpix.com/31905f5f14dcbb65fdd23ad601bd0318l-f1962500379r.jpg)

![5242 Ostlund Drive - Photo 14](http://lh.rdcpix.com/31905f5f14dcbb65fdd23ad601bd0318l-f1401610967r.jpg)

![5242 Ostlund Drive - Photo 15](http://lh.rdcpix.com/31905f5f14dcbb65fdd23ad601bd0318l-f1656941849r.jpg)

![5242 Ostlund Drive - Photo 16](http://lh.rdcpix.com/31905f5f14dcbb65fdd23ad601bd0318l-f4043015730r.jpg)

![5242 Ostlund Drive - Photo 17](http://lh.rdcpix.com/31905f5f14dcbb65fdd23ad601bd0318l-f1730719360r.jpg)

![5242 Ostlund Drive - Photo 18](http://lh.rdcpix.com/31905f5f14dcbb65fdd23ad601bd0318l-f1270763100r.jpg)

![5242 Ostlund Drive - Photo 19](http://lh.rdcpix.com/31905f5f14dcbb65fdd23ad601bd0318l-f1964008709r.jpg)

![5242 Ostlund Drive - Photo 20](http://lh.rdcpix.com/31905f5f14dcbb65fdd23ad601bd0318l-f1745461936r.jpg)

![5242 Ostlund Drive - Photo 21](http://lh.rdcpix.com/31905f5f14dcbb65fdd23ad601bd0318l-f1400732106r.jpg)

![5242 Ostlund Drive - Photo 22](http://lh.rdcpix.com/31905f5f14dcbb65fdd23ad601bd0318l-f2475029446r.jpg)

![5242 Ostlund Drive - Photo 23](http://lh.rdcpix.com/31905f5f14dcbb65fdd23ad601bd0318l-f927096385r.jpg)

![5242 Ostlund Drive - Photo 24](http://lh.rdcpix.com/31905f5f14dcbb65fdd23ad601bd0318l-f3534011148r.jpg)

![5242 Ostlund Drive - Photo 25](http://lh.rdcpix.com/31905f5f14dcbb65fdd23ad601bd0318l-f3162360480r.jpg)

![5242 Ostlund Drive - Photo 26](http://lh.rdcpix.com/31905f5f14dcbb65fdd23ad601bd0318l-f3728493595r.jpg)

![5242 Ostlund Drive - Photo 27](http://lh.rdcpix.com/31905f5f14dcbb65fdd23ad601bd0318l-f2320994914r.jpg)

![5242 Ostlund Drive - Photo 28](http://lh.rdcpix.com/31905f5f14dcbb65fdd23ad601bd0318l-f1190068287r.jpg)

![5242 Ostlund Drive - Photo 29](http://lh.rdcpix.com/31905f5f14dcbb65fdd23ad601bd0318l-f3991670082r.jpg)

![5242 Ostlund Drive - Photo 30](http://lh.rdcpix.com/31905f5f14dcbb65fdd23ad601bd0318l-f248720224r.jpg)

![5242 Ostlund Drive - Photo 31](http://lh.rdcpix.com/31905f5f14dcbb65fdd23ad601bd0318l-f841196677r.jpg)

![5242 Ostlund Drive - Photo 32](http://lh.rdcpix.com/31905f5f14dcbb65fdd23ad601bd0318l-f2145841071r.jpg)

![5242 Ostlund Drive - Photo 33](http://lh.rdcpix.com/31905f5f14dcbb65fdd23ad601bd0318l-f603719566r.jpg)

![5242 Ostlund Drive - Photo 34](http://lh.rdcpix.com/31905f5f14dcbb65fdd23ad601bd0318l-f3792441264r.jpg)

---

**MLS#:** 50208643 | **Updated:** 2026-07-03
**Source:** listhub

*Copyright © 2026 Multiple Listing Service MiRealSource. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.*

[View on PropertySimple](https://www.propertysimple.ai/listing/5242-ostlund-drive-hope-mi-48628-50208643)

---

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