Underwood Homes for Sale

Welcome to Underwood, Minnesota—a charming community nestled in the heart of Otter Tail County. Known for its warm, small-town atmosphere and stunning natural beauty, Underwood offers residents the perfect blend of tranquility and convenience. With its picturesque landscapes and friendly neighbors, this hidden gem is an ideal place to call home.

Underwood is surrounded by lush forests, sparkling lakes, and rolling hills, making it a paradise for outdoor enthusiasts. Whether you enjoy fishing, hiking, or simply taking in the breathtaking views, there’s no shortage of recreational opportunities here. The town is also conveniently located near larger cities, providing easy access to shopping, dining, and entertainment while maintaining its peaceful charm.

For those considering a move, Underwood boasts a variety of homes for sale that cater to different lifestyles and budgets. From cozy single-family homes to spacious properties with expansive yards, there’s something for everyone. The real estate market here reflects the community's welcoming spirit, with many homes featuring modern amenities while retaining their classic charm.

Families will appreciate the strong sense of community and the excellent local schools, while retirees can enjoy the serene environment and friendly neighbors. As you explore the homes for sale in Underwood, you’ll discover not just a property, but a lifestyle filled with warmth, connection, and adventure.

Come and experience the beauty of Underwood, where your dream home awaits! Whether you’re looking for your first home or a peaceful retreat, this lovely town has it all. Don't miss the opportunity to become part of this vibrant community.

Newest Underwood Homes for Sale

$399,000

ACTIVE Status ⋅ 3 Beds ⋅ 2 Baths ⋅ 7099839 MLS ⋅ 2,288 SqFt.

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.

$245,000

ACTIVE Status ⋅ 3 Beds ⋅ 2 Baths ⋅ 7092815 MLS ⋅ 1,568 SqFt.

Totally remodeled and move-in ready. New dock, paint, flooring, and floor to ceiling updated/upgraded. Airbnb ready and sale include all furniture and furnishings. Three bedroom 2 bath year round home on the Otter Tail river which gives access to East Lost and Deer Lake in one direction and Phelps Mill in the other. This is one of the most popular places for tubing on the river. Enjoy nature's serenity at it's finest with the abundance of wildlife. Master bedroom with en-suite. Separate office room with built in desk. Enjoy a bon fire outside in the summer or snuggle up by the gas fireplace inside in the winter. All furniture and furnishings are brand new and never used. Owner/agent.

28234 Redhead Drive, Underwood

Listing courtesy of Premier Partners Commercial Realty & Property Management.

$339,000

ACTIVE Status ⋅ 2 Beds ⋅ 1 Baths ⋅ 7076729 MLS ⋅ 1,304 SqFt.

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.

$599,000

ACTIVE Status ⋅ 4 Beds ⋅ 2 Baths ⋅ 7055032 MLS ⋅ 1,885 SqFt.

Welcome to 27890 Little Pleasant Drive in Underwood! This 4 bedroom, 2 bathroom home sits on nearly 4 acres along the shores of Little Pleasant Lake, a private lake offering a quiet and peaceful setting with 162 feet of shoreline and plenty of space to enjoy the outdoors. With nearly 1,900 finished square feet, this home has been well cared for and is move-in ready. Recent updates include a brand-new roof, soffits, fascia, and new carpet throughout the main level. The main floor offers a comfortable layout with a spacious kitchen featuring ample storage, room for a full dining table, and additional seating at the island. Stainless steel appliances are already in place, including a five-burner gas stove, and a sliding glass door leads directly to the outdoor living space. The lower level provides a warm and inviting atmosphere with a cozy gas fireplace. The bathroom features a custom walk-in shower, heated slate flooring, and a cedar-lined closet, creating a spa-like feel. Outside, you’ll find an attached 2-stall garage, along with a storage shed that includes a concrete floor and power. Just beyond that is a greenhouse overlooking the lake—ideal for gardening or simply enjoying the peaceful surroundings. One of the standout features of this property is the expansive 500 square foot deck with a custom outdoor kitchen overlooking two lakes. Complete with a built-in grill, generous counter space, and lighting for evening use, it’s perfect for entertaining or relaxing. The deck wraps around to a covered bar-style seating area and overlooks a fire pit, while the space below offers additional room to gather with the potential to convert into a 3-season porch. A private road leads to your own private boat landing— where you’ll appreciate the additional space for lakeside activities, entertaining, or simply enjoying the setting. Despite the privacy, this property is conveniently located just off County Highway 1, approximately 10 minutes from local favorites like Zorbaz and Beach Bums, and only 17 minutes from Fergus Falls. This is a rare opportunity to own acreage, privacy, and lake living all in one property.

27890 Little Pleasant Drive, Underwood

Listing courtesy of Andrew Yaggie Real Estate.

$89,900

ACTIVE Status ⋅ 1 Beds ⋅ 7062374 MLS

When viewing the property, please follow the grass driveway that runs along the tree line and power lines immediately adjacent to the For Sale sign. Do not drive across neighboring property. If there is any uncertainty regarding access or boundaries, consult the survey prior to entering. North Turtle Lake frontage just feet from the water with sandy bottom shoreline and expansive lake views. This is an opportunity to secure highly desirable Otter Tail County lakeshore at an accessible price point and bring your own long term vision to life. North Turtle Lake is known for excellent fishing including walleye, bass, crappie, northern and sunfish, making this a strong recreational setting with lasting appeal. The existing structure is a simple seasonal bunkhouse with no active plumbing and no indoor bathroom. Electricity is available at the site and can be reconnected. The cabin offers immediate, basic recreational use, but the primary value is in the lakeshore itself. Buyers should view the structure as a bonus while focusing on the location, frontage, and future potential of the property. Due to the cabin’s close proximity to the shoreline, development, rebuilding, or expansion may be limited by county and state shoreland regulations. Any plans for building or redevelopment must be verified directly with Otter Tail County. Buyer is responsible for conducting all due diligence regarding setbacks, variance requirements, and future use.

22993 330th Avenue, Underwood

Listing courtesy of eXp Realty.

$1,200,000

ACTIVE Status ⋅ 2 Beds ⋅ 1 Baths ⋅ 7045558 MLS ⋅ 1,288 SqFt.

This is not just land-this is legacy: 150 +/- acres of pure possibility in Otter Tail County with over 6,000 feet of frontage on Fiske Lake, a 253 acre lake reaching depths of 26 feet perfectly suited for anglers and outdoor enthusiasts. This is a rare combination of woods, pasture, and productive tillable acreage that offers unmatched flexibility to create a private family compound, develop a premier lakeside. neighborhood, or simply enjoy one of the most secluded settings in the region, complete with a well-built 2 bedroom home from 2007 with attached garage and a 24x36 shop. This is a once-in-a-lifetime opportunity to own unmatched lakeshore and absolute privacy in one extraordinary property.

32807 200th Street, Underwood

Listing courtesy of Keller Williams Realty Professionals.

$100,000

ACTIVE Status ⋅ 1 Beds ⋅ 7036156 MLS ⋅ 240 SqFt.

7 private acres overlooking Pleasant Lake! This rural hideaway provides a quiet escape from hustle and bustle of every day life. Centrally located in the heart of Otter Tail County's 1,000+ lakes and just minutes from Pleasant, Anna, and West Lost lakes, you'll find endless opportunity for outdoor recreation. This property is protected under the covenants of Pleasant Pointe - ensuring the quiet enjoyment of this parcel as a future build site. This parcel even allows the keeping of quiet livestock! As an added bonus, the public access for Pleasant Lake couldn't be closer - just a quick few steps across the gravel road. The 240 sqft cabin with full knotty pine interior features a lofted deck overlooking the pond, providing an ideal wildlife lookout spot. This parcel could be the space for your future dream home - with ample space for an extra garage or shop. Find your rural retreat today with opportunity for tomorrow!

29151 Pleasant Lake Road, Underwood

Listing courtesy of Weichert, Realtors - Paulson Land Co.

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