$494,500

5242 Ostlund Dr Hope, MI 48628

Estimated payment $3,205/month

Total Views 12,668
-- Bed
1 Bath
960 Sq Ft
$515 Price per Sq Ft

Highlights

  • Second Garage
  • Island Location
  • Cottage
  • Home fronts a canal
  • Wooded Lot
  • 4 Car Detached Garage

About This Home

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

Listing Agent

Glenn Wyman

Modern Realty License #SBR-6501441293 Listed on: 11/07/2024

Modern Realty

Co-Listing Agent

Robert Zientek

Century 21 Signature Realty Midland License #SBR-6501450988

Home Details

Home Type

  • Single Family

Est. Annual Taxes

Year Built

  • Built in 1949

Lot Details

  • 4.5 Acre Lot
  • 1,000 Ft Wide Lot
  • Home fronts a canal
  • Street terminates at a dead end
  • Cleared Lot
  • Wooded Lot
  • May Be Possible The Lot Can Be Split Into 2+ Parcels

Home Design

  • Cottage
  • Slab Foundation

Interior Spaces

  • 960 Sq Ft Home
  • 1-Story Property
  • Ceiling Fan
  • Great Room with Fireplace

Bedrooms and Bathrooms

  • Bathroom on Main Level
  • 1 Full Bathroom

Parking

  • 4 Car Detached Garage
  • Second Garage
  • Side Facing Garage
  • Off-Street Parking

Utilities

  • Forced Air Heating System
  • Heating System Uses Propane
  • Electric Water Heater
  • Septic Tank

Additional Features

  • Seawall
  • Island Location

Listing and Financial Details

  • Assessor Parcel Number 2 Parcels Sold As One

Home Details

Home Type

Single Family

Est. Annual Taxes

$6,132

Year Built

Built in 1949

Lot Details

0

Listing Details

  • Originating MLS: Saginaw Board of REALTORS
  • Class: RESIDENTIAL
  • Type Of Property: Single Family
  • Architecture Style: Cottage
  • Structure Style: 1 Story
  • Flood Plain: Unknown
  • Total Tax Amount: 6131.76
  • Total Tax Year: 2023
  • Year Built: 1949
  • Mail City: Hope
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 1

Interior Features

  • Fireplace: Yes
  • Fireplaces: Grt Rm Fireplace, Natural Fireplace
  • Full Bathrooms: 1
  • Total Bathrooms: 1
  • Bathroom 1: On Level: Main
  • Room Types: First Flr Full Bathroom
  • Above Grade Finished Sq Ft: 960
  • Total Finished Sq Ft: 960

Exterior Features

  • Exterior: Cinder Block
  • Foundation: Slab
  • Frontage: 1000
  • Lake Name: Tittabawassee River
  • Road: Access, Private Road
  • Water Features: All Sports Lake, Canal Frontage, Island, Lake Frontage, Sea Wall, Association Access, Water View, Waterfront
  • Waterfront: Yes
  • Frontage Type: Water

Garage/Parking

  • Garage: Additional Garage(s), Detached Garage, Electric in Garage, Off Street, Side Loading Garage
  • Garage Spaces: 4
  • Parking: Garage
  • Garage: Yes

Utilities

  • Heating: Forced Air
  • Heating Fuel: LP/Propane Gas
  • Sewer: Septic
  • Water: Private Well
  • Water Heater: Electric
  • Cooling: Ceiling Fan(s)

Condo/Co-op/Association

  • Association Contact: Unknown
  • Association Phone: Unknown

Lot Info

  • Assessments: Yes
  • Assessor Parcel Number: 2 Parcels Sold As One
  • Zoning: Residential
  • Lot Description: Deep Lot - 150+ Ft., Large Lot - 65+ Ft.
  • Lot Dimensions: Irregular
  • Acreage: 4.5
  • Geo Subdivision: MI
  • Site/Lot Features: Dead End, Subdivision, Cleared, Platted, Splits Available, Wooded

Tax Info

  • Summer Tax: Year: 2023, Amount: $3,540.22
  • Winter Tax: Year: 2023, Amount: $2,591.54
  • Taxable Value: 119385
  • Total Tax: Year: 2023, Amount: $6,131.76
  • SEV Year: 2024

MLS Schools

  • School District: Beaverton Rural Schools

Map

Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Property History

Date Event Price Change Sq Ft Price
11/07/2024 11/07/24 For Sale $494,500 -- $515 / Sq Ft
Source: Michigan Multiple Listing Service

Source: Michigan Multiple Listing Service

MLS Number: 50160513

Michigan Multiple Listing Service