Waterfront
Address
5242 Ostlund Drive, Billings Twp, MI
Price
$ 478,000
Property Attributes
- ID#61050208644
- TypeSingle Family
- Listing Status Active
- CountyGLADWIN
- CityBillings Twp
- AreaBillings Twp
- Zip48628
- StyleCottage,Ranch
- Year Built1949
- Taxes$ 6131
- Price$ 478,000
- Bedrooms0
- Full Bathrooms1
- Half Bathrooms0
- Sqr Footage960
- Lot Size4.5 Acres
Data Source:
RealComp
Property 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.
| Price History | |
|---|---|
| 5/22/2026 | Listed $478,000 |
General Features
| Sewer | SepticTank |
|---|---|
| Heating | ForcedAir, Propane |
| Cooling | CeilingFans |
| Possession | AtClose |
| Garage Spaces | 4.0 |
| Architectural Style | Cottage, Ranch |
| Pool Features | None |
| Construction Materials | Block |
| Year Built | 1949 |
| Levels | One |
| Property Subtype | SingleFamilyResidence |
| Tax Year | 2023 |
| Waterfront Features | AllSportsLake, CanalFront, Seawall, Waterfront |
| County | Gladwin |
| New Construction | No |
| Property Type | Residential |
| Association Amenities | BoatDock |
| HOA | Yes |
| Attached Garage | No |
| Subdivision Name | N/A |
| Garage Y/N | Yes |
| Total Rooms | 2 |
| Full Baths | 1 |
| Status | Active |
| City | BillingsTownship_Gladwin |
| Body of Water | Wixom Lake |
| Disclosures | SpecialAssessment, TaxesNotHomesteadExempt |
| Senior Community Y/N | No |
| High School District | Beaverton |
| Zoning Description | Residential |
| MLS Area | Area26141BillingsTwp |
| Carport Y/N | No |
| Land Lease Y/N | No |
| Tax Annual Amount | 6131.76 |
| Home Warranty Y/N | No |
| Property Condition | PlattedSub |
| Lease Renewal Y/N | No |
| Additional Parcels Y/N | No |
| Lease Considered Y/N | No |
| Rent Control Y/N | No |
| Standard Status | Active |
| Tax Assessed Value | 119385 |
| TaxOtherAnnualAssessmentAmount | 63621.3 |
| MobileHomeRemainsYN | No |
| PostalCity | Hope_Gladwin |
| Legal Description | LOT:17-21 CITY/MUNI/TWP:BILLINGS TOWNSHIP 17 1E OSTLUND SUB LOTS 17-18-19-20-21-22. COMBINED ON 01/01/2023 FROM 030-185-000-017-01, 030-185-000-019-00; INTO 030-185-00 |
Interior Features
| Fireplace Features | GreatRoom |
|---|---|
| Basement (Y/N) | No |
| Air Conditioning Y/N | No |
| Heating Y/N | Yes |
| Fireplace Y/N | Yes |
| Above Grade Finished Area | 960.0 |
| Below Grade Finished Area | 0.0 |
| Above Grade Finished Area Source | Estimated |
| Above Grade Finished Area Unit Type | SquareFeet |
| Total Baths | 1 |
Exterior Features
| Parking Features | FourCarGarage, Detached |
|---|---|
| Lot Features | DeadEndStreet, WaterView, SplitPossible |
| Water Source | Well |
| Foundation Details | Slab |
| Spa | No |
| Lot Dimensions | 196 x 1, 000 |
| Lot Size Acres | 4.5 |
| Road Surface Type | Paved |
| Waterfront Y/N | Yes |
| Crops Included Y/N | No |
| Horse Y/N | No |
| Irrigation Water Rights Y/N | No |
Amenities
- Foreclosure
- Views
- Short Sale
- New Construction
- Adult 55+
- Lease To Own
- No HOA Fees
- Furnished
- Primary On Main
- Air Conditioning
- Seller Finance
- Green
- Fixer Upper
- Horse
- Golf
- Fireplace
- Deck
- Garage
- Basement
- Pool
IDX provided courtesy of Realcomp II Ltd., via Taylor Office and The Originating MLS(found above), © 2026 Realcomp II Ltd. Shareholders. Shareholders. The information being provided is 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.
Data is updated as of September 14, 2026 11:11 PM UTC Information deemed reliable but not guaranteed.
The data relating to real estate on this web site comes in part from the Internet Data Exchange (IDX) Program of Realcomp Ltd
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