Underwood Real Estate

Underwood is a charming small town located in Otter Tail County, Minnesota. It is known for its rural atmosphere and friendly people. The town has a population of just over 600, and is a great place to raise a family.

The area is home to many outdoor activities, including fishing, hunting, biking, and camping. The nearby lakes, rivers, and forests provide plenty of opportunities for outdoor recreation. The town also has a golf course, an ice rink, and several parks.

The town is served by two school districts, and the local high school offers a range of educational opportunities. There are also several churches in the area, and the town has a library and a museum.

Underwood is a great place to live for those looking for a quiet, rural lifestyle. The area is close to larger cities, so it is easy to access amenities and services. The town also has a low cost of living, making it a great place to buy a home.

Real estate in Underwood is highly sought after. The area offers a variety of housing options, from single-family homes to luxury estates. The town is also home to a number of businesses, making it a great place to start or relocate a business.

Whether you are looking for a rural lifestyle or a place to start a business, Underwood is a great option. With its friendly people, outdoor recreation opportunities, and low cost of living, it is an ideal place to call home.

Newest Listings in Underwood

$375,000

3 Beds ⋅ 2 Baths ⋅ 7099839 MLS

Set on just under 4 acres along a blacktop road, this beautiful 3+ BR, 2 BA home offers the perfect combination of comfort, updates, and location. Features include an open floor plan, updated lower level, gas fireplace, stainless steel appliances, large kitchen island, and updated finishes throughout. Enjoy the beautiful 4-season sunroom—the perfect space to relax year-round while taking in peaceful views of the park-like setting. The double attached garage plus 3 additional storage sheds provide plenty of space for vehicles, toys, and equipment. Located near Phelps Mill Park with the Otter Tail River just across the road, this property offers a desirable country setting with convenient access to Fergus Falls, Underwood and Ottertail. Move-in ready and priced to sell—this is an opportunity you don't want to miss!

28699 County Highway 45, Underwood

Listing courtesy of Trilogy Real Estate.

$49,900

7098609 MLS

2.5+- COUNTRY ACRES WHERE YOU CAN BUILD YOUR OWN HOME/SHOP ETC. 3 MILES TO OTTER TAIL LAKE, CORN CROP THIS YEAR WOULD GO TO THE SELLER. SELLER WILL SURVEY OFF THE LAND AT THEIR COST. TAXES ARE AN ESTIMATE SINCE THEY WILL BE SPLIT UP AND RE-FIGURED. (see the supplement on the airel photo) THE SELLERS HAVE ANOTHER 2.5 ACRES THAT IS 2/3RD WOODS ON HWY 1 CLOSE BY AS WELL FOR $49K.

28015 Redhead Drive, Underwood

Listing courtesy of Boll Realty.

$100,000

7090943 MLS

Build your dream lake home, or spend your weekends on beautiful Bass Lake! This .89-acre lot offers 142 feet of shoreline, providing plenty of space to enjoy lake living with exceptional water views and access to the lake. Located within the city limits of Underwood, the property has city sewer and water available, making the building process more convenient. Whether you're planning a year-round residence, vacation getaway, or an investment you can enjoy, this spacious lot offers the perfect combination of natural beauty, and in-town amenities. Don't miss this opportunity to own a lakeshore property at a great price.

463 North Shore Drive, Underwood

Listing courtesy of Berkshire Hathaway HomeServices Premier Properties.

$55,000

7082742 MLS

A nice corner lot consisting of 3.38 acres located on the SE corner of Co Hwy 1 and Water Street Rd. The property is conveniently located between Fergus Falls and Underwood. Close to several lakes in Otter Tail county. This property is nicely wooded and would make a great location to build your home on, place a camper on or for building a storage building. Property and current well located on the property are being sold as-is

28023 County Highway 1, Underwood

Listing courtesy of Weichert, Realtors - Paulson Land Co.

$495,000

7082448 MLS

3.23 Acre private island getaway is a created peninsula with gated entrance. A time capsule that has been in the same family for over 100 years with rustic summer cabin. Cabin is approved for removal replacement permit with option for moderate variance as well as sealed septic tank permit. This property includes: 200 amp electric service to cabin, 100 amp electric to boathouse. Boathouse is 14x35 ft with 10" concrete block walls, 4" concrete roof is supported by steel beams. Deep water well with hand pump and 4" casing that will accept electric submersible pump. Excellent quality clear water! 360' view of lake allows for multiple dock placement options. Land (high ground) is 20' above water line. Many paths and gentle slopes. Quiet yet close to shopping, healthcare, activities and airport. Turtles, frogs, bald eagles, osprey, loons and more. In the land of 10,000 lakes, this is truly a unique one of a kind MN property in Ottertail County.

26373 Anna Lake Road, Underwood

Listing courtesy of Edina Realty, Inc..

$65,000

7079728 MLS

3.78 acre lot located at the end of a cul-de-sac with wonderful views and the privacy you’ve been looking for! Multiple lots available in this up-and-coming development — now is the perfect time to secure your favorite lot and start planning your dream home. Enjoy a prime location in the heart of lakes country, close to Zorbaz, Beach Bums, and The Blackboard, while still enjoying the peace and privacy of this beautiful setting. Walk the property, take in the scenery, and imagine where your future home could be built.

TBD Lot 14 317th Street, Underwood

Listing courtesy of REMAX Lakes Region.

$149,000

7079657 MLS

2.17 acres with 239 feet of frontage on the “hidden” Round (Maine) Lake! Discover this secluded gem in the heart of Otter Tail Lakes Country. Multiple lots available in this up-and-coming development — now is the time to secure your favorite lot and start planning your dream lake home. Enjoy a prime location close to Zorbaz, Beach Bums, and The Blackboard while still enjoying the peace and privacy of lake living. Walk the property, take in the views, and imagine where your future home will sit on this beautiful lakeside setting.

TBD Lot 2 317th Street, Underwood

Listing courtesy of REMAX Lakes Region.

$170,000

7078237 MLS

Nestled on the shores of Long Lake in Underwood, this stunning 2.55-acre partially wooded lake lot offers the perfect blend of privacy, natural beauty, and endless potential. Enjoy gentle trails leading to 200’ of lake frontage with spectacular panoramic views and peaceful surroundings. Known for trophy-size panfish, Long Lake is a hidden gem surrounded by rolling wooded hills and abundant wildlife. Whether you’re dreaming of a year-round home or a private getaway retreat, this scenic property provides the ideal building site with no covenants or restrictions. If you’ve been searching for tranquility and the freedom to create your perfect lakeside escape — this is it!

19318 308th Avenue, Underwood

Listing courtesy of HomeSmart Adventure Realty.

$339,000

2 Beds ⋅ 1 Baths ⋅ 7076729 MLS

Find your peace in the heart of Otter Tail lakes country! This quaint seasonal cabin sits on over a full acre of level ground on the shores of East Lost Lake. East Lost Lake offers fantastic recreation possibilities. With boat-in access to both Deer Lake and the Otter Tail River, you're sure to find plenty of adventure awaiting! Various species of game fish call this lake home - panfish, walleyes, and even the ever elusive Lake Sturgeon! This little lake offers big opportunity for water fun! When it's time for rest, the cabin offers 2 bedrooms and a full bathroom as well as central air and heating for all-season comfort. With vaulted ceilings throughout, this cabin feels roomy enough for company, yet comfortable for slow evenings at the water's edge. Indoor climate control is simple with a forced air furnace, central air, and ceiling fans for extra summer breeze. Enjoy the low maintenance exterior with vinyl siding and a fresh, 2 year old roof. This property offers great outdoor spaces. The detached double insulated garage provides easy storage and space for any hobbyists work. The well house shed doubles as a fish cleaning space. An additional storage shed closer to the lake is sure to provide convenience for all of your outdoor items. The large lot, at over an acre, is an ideal space for lawn games, cozy evening bonfires, and plenty of extra parking for the guests you're sure to entertain. Located just a stone's throw from many of the Otter Tail Lakes area's biggest attractions - golf courses, restaurants, boutique shopping, seasonal craft fairs, farmer's markets and more - just a few minutes drive gets you to the cities of Battle Lake and Ottertail. Less than half an hour from I94, the commute to your cabin is pain free! If Otter Tail County is calling for you, this seasonal cabin is worth an extra look. All personal property is negotiable. Contact agent for exclusion list. Seller prefers closing after the week of July 4.

27513 340th Avenue, Underwood

Listing courtesy of Weichert, Realtors - Paulson Land Co.

$149,900

7075223 MLS

There is well over 2000' of lake and river frontage to enjoy all that nature has to offer. You can fish, duck hunt and deer hunt. In the summer sou can float on tubes from Phelps Mill down the river to this property on the northern part of the property there are tall ancient oaks and on the southern side there are mature tamaracks and willow. It would be easy to create a spot for a camper. If you want to build a slab home, additional fill and grading would be needed. Bonus for the duck hunters: the river keeps the lake in front of property open after most other lakes freeze up allowing for late season geese and divers.

290xx County Highway 35, Underwood

Listing courtesy of Counselor Realty, Inc..

$75,000

7074472 MLS

Build your dream home in the heart of the countryside on this spacious 2.6-acre backlot overlooking beautiful Round Lake. Surrounded by rolling hills and peaceful scenery, this property offers a quiet country setting with plenty of room to enjoy nature and privacy. Conveniently located just 15 minutes from Otter Tail Lake and 25 minutes from Fergus Falls, you’ll enjoy the perfect balance of seclusion and accessibility. A great opportunity to own a scenic piece of lakes country!

TBD LOT 15 317TH STREET, Underwood

Listing courtesy of Berkshire Hathaway HomeServices Premier Properties.

$159,000

7074209 MLS

Enjoy the peace and privacy of country living with this beautiful 2.43-acre lake lot on Round Lake! Featuring 336 feet of frontage, this property offers the perfect setting to build your dream home or getaway retreat. Nestled in a quiet rural location, you’ll appreciate the serenity while still being conveniently located just 15 minutes from Otter Tail Lake and 25 minutes from Fergus Falls. Whether you’re looking for a weekend escape or a future homesite, this scenic property offers endless potential.

TBD LOT 3 317TH STREET, Underwood

Listing courtesy of Berkshire Hathaway HomeServices Premier Properties.

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