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5242 Ostlund Dr, Hope, MI, 48628

$494,500

Home List Price

$5,872*

Closing Credit

1 Full Bath
960 SqFt
$515/SqFt
House

Location

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5242 Ostlund Dr, Hope$494,500

Buyer Closing Credits

$5,872*

1.25% Loan Amount

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Property Highlights

Home TypeResidential
ParkingGarages, Side Entrance, Electricity, Detached
Garage4 spaces
Year Built1949
HeatingForced Air
CoolingCeiling Fan(s)
WaterfrontLake, Seawall
FireplaceNatural, Great Room
MLS #61050160513
Lot Size4.50 Acres
StatusActive

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.

Property Details

Property Features

Property Information:

  • Architectural Style: Cottage
  • Year Built: 1949
  • Stories: 1
  • Living Area: 960 SqFt

Listing Office:

  • Office Name: Modern Realty
  • Office Phone: (989) 486-9770
  • Listing Agent: Glenn Wyman

Interior Features

Interior Information:

  • Basement: No
  • Fireplace: Natural, Great Room

Bedroom and Bathroom Information:

  • Full Bathrooms: 1

Exterior Features

Exterior Information:

  • Waterfront: Lake, Seawall

Parking Information:

  • Garage Space: 4 spaces
  • Attached Garage: No
  • Parking: Garages, Side Entrance, Electricity, Detached

Lot Features

Lot Information:

  • Lot: Views, Wooded
  • Lot Size: 4.50 Acres

Utilities

Utilities Information:

  • Heating: Forced Air
  • Cooling: Ceiling Fan(s)

Price Information

Listing Price Info

Price Summary:

  • List Price: $494,500
  • Price Per SqFt: $515/SqFt
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MLS Details

MLS Information:

  • MLS Name: Saginaw Board of REALTORS®
  • MLS Number: #61050160513

Listing Office:

  • Office Name: Modern Realty
  • Office Phone: (989) 486-9770
  • Listing Agent: Glenn Wyman

IDXDisclaimer: 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 © 2024 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: 11/15/2024, 8:20:53 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Property Sales & Tax

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NMLS#3030

Schools

Schools Nearby

The school rating is a score out of 10, where 10 is the highest and 1 is the lowest. Assigned schools have a bold outline.

Nearby Schools

school-card-donut-305114
5
/10
  • Beaverton Elementary School

  • 440 S Ross St

  • 8.22 miles

  • Public Magnet Grades KG-6

school-card-donut-305115
5
/10
  • Meridian Elementary School

  • 3353 N Meridian Rd

  • 8.93 miles

  • Public District Grades PK-4

school-card-donut-305116
4
/10
  • Gladwin Intermediate School

  • 780 W 1st St

  • 13.25 miles

  • Public District Grades 3-5

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $33,462. Typical income of Midland County, MI residents is less than $35k annually. Residents typically live in married, no kids family. Residents of this area typically have high school diploma education.

All data provided by Home Junction and Claritas

Frequently Asked Questions About 5242 Ostlund Dr

What is the listing price of this property?

The listing price of 5242 Ostlund Dr property is $494,500.

What type of property is this?

The property 5242 Ostlund Dr is a house located in Hope, Michigan, 48628.

Is this property for sale now?

Active Listing: 5242 Ostlund Dr is For Sale (Active/New) which means the seller is accepting offers.

How many bedrooms and bathrooms does this property have?

The property at 5242 Ostlund Dr has 1 bathroom..

What is the square footage of this property?

The property 5242 Ostlund Dr is 960 SqFt (source: MLS/tax record).

Which year was this property built?

The year of construction for 5242 Ostlund Dr is 1949.

Rocket HomesMichiganMidland CountyHope486285242 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 07, 2024 and is currently priced at $494,500.

In October 2024 more than 10 listings in Midland County, MI were sold above the asking price. During the same period more than 7 listings were sold at asking price, while more than 21 were sold below. The inventory of homes for sale in Midland County, MI between September 2024 and October 2024 increased by 3.5%. In October 2024 median list price was $225,000 and the average listing age was 24 days.

From Rocket Homes Real Estate and based on county public records data.

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