Underwood Land for Sale

Located in Otter Tail County, Minnesota, the city of Underwood is a charming and vibrant community that offers a wonderful place to live, work, and play. With its picturesque landscapes and friendly atmosphere, Underwood is a hidden gem in the heart of the Midwest.

The city of Underwood boasts a rich history and a strong sense of community. Residents enjoy a variety of amenities and recreational opportunities, making it an ideal place for families, retirees, and outdoor enthusiasts. The city is home to several parks, including Underwood City Park, which features playgrounds, picnic areas, and walking trails. For those who enjoy water activities, nearby West Lost Lake and East Lost Lake provide opportunities for fishing, boating, and swimming.

Underwood is also known for its strong educational system, with top-rated schools that provide a quality education for students of all ages. The city is conveniently located near larger cities like Fergus Falls and Alexandria, offering residents easy access to shopping, dining, and entertainment options.

If you are looking for land for sale in Underwood, you are in luck. The area offers a variety of properties, ranging from spacious lots to acreages, allowing you to build your dream home or start a new business. With its affordable land prices and beautiful surroundings, Underwood presents a unique opportunity for those looking to invest in real estate.

Whether you are seeking a peaceful place to call home or a thriving community to start a business, Underwood has it all. Come and discover the beauty and charm of this hidden gem in Otter Tail County, Minnesota.

Newest Underwood Land for Sale

$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.

$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.

$325,000

7058140 MLS

Discover a rare opportunity to own nearly 7 acres of private lakefront land on highly sought-after Pickerel Lake in Otter Tail County. Known for its remarkable water clarity—often exceeding 30 feet—Pickerel Lake is one of the area’s premier destinations for fishing, boating, swimming, and year-round recreation. With over 160 feet of beautiful shoreline, this property offers a scenic mix of mature hardwood trees and natural wetlands, creating a peaceful setting with privacy and abundant wildlife. Whether you envision building a custom lake home, creating a weekend getaway, or holding as an investment property, this parcel offers endless potential. Conveniently located just 20 miles from Fergus Falls and only 12 miles from Underwood, you’ll enjoy the perfect balance of seclusion and accessibility in the heart of lakes country. Potential building opportunities may exist near the path intersections on the higher section close to County Road 115. If you’ve been waiting for the ideal piece of lakefront paradise, this is your chance. $50,000 price drop from last Fall. Schedule your showing today!

TBD Shady Nook Drive, Underwood

Listing courtesy of Trilogy Real Estate.

$49,900

7044821 MLS

WOODED COUNTRY ACREAGE WHERE YOU CAN BUILD YOUR DREAM HOME ON!! 2.5+- ACRES TO BE SURVEYED OFF OF A LARGER PARCEL. OTHER OPTIONS AVAILABLE. GREAT LOCATION TO ALL THE CLOSE BY LAKES!! NICE LARGE TREES, ROCKS ARE AVAILABLE TO SELL+- ACCESS TO A TAR COUNTY ROAD!! NOT MUCH LAND AVAILABLE THESE DAYS! TAXES ARE APPROX. TO BE SPLIT AND RE-FIGUERED OUT BY THE COUNTY. GREAT COUNTRY SETTING & VIEWS! APPROACH OFF OF THE HWY IS IN FOR ACCESS!

TBD CO HWY 1, Underwood

Listing courtesy of Boll Realty.

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