Underwood Homes under $400,000

Welcome to Underwood, Minnesota – a hidden gem nestled in the heart of Otter Tail County. This charming city is known for its friendly community spirit, picturesque landscapes, and a plethora of outdoor recreational opportunities. With a population that embraces the warm, small-town vibe, Underwood offers a serene escape from the hustle and bustle of city life while still providing access to modern conveniences.

One of the most appealing aspects of Underwood is its affordability. For those seeking a place to call home, you’ll find a delightful selection of houses priced under $400,000. Whether you're a first-time homebuyer, a growing family, or looking to downsize, Underwood has something for everyone. From cozy single-family homes to spacious properties with ample yard space, the real estate market here caters to diverse lifestyles and budgets.

The area boasts stunning natural beauty, with nearby lakes and parks perfect for fishing, hiking, and enjoying the great outdoors. The community is also rich in local culture, with seasonal events, farmers' markets, and friendly gatherings that foster a sense of belonging.

Living in Underwood means embracing a lifestyle that values both tranquility and connection. With its affordable housing options, welcoming residents, and breathtaking surroundings, Underwood is not just a place to live – it’s a place to thrive. Come explore the possibilities and discover your dream home in this idyllic Minnesota city!

Newest Underwood Homes under $400,000

$299,000

ACTIVE Status ⋅ 4 Beds ⋅ 2 Baths ⋅ 7143007 MLS ⋅ 2,304 SqFt.

heart of Underwood on Bass Lake! This property offers an impressive 146 feet of lake frontage, providing plenty of opportunity to enjoy lake living right from your own backyard. Inside, the home beautifully blends original character and charm with modern updates. Recent improvements include newer windows, a brand-new furnace with updated ductwork, and a new air-conditioning unit. The home also showcases beautiful original woodwork that adds warmth and character throughout. Outside, you’ll find a 3-stall detached garage, including one heated stall currently being used as a shop—perfect for hobbies, projects, storage, or year-round workspace. With its spacious layout, classic charm, modern updates, and exceptional Bass Lake frontage, this property offers a unique opportunity to enjoy the best of lake living in Underwood.

204 Woodland Avenue W, Underwood

Listing courtesy of Lakes Family Real Estate/Otter Tail Real Estate.

$369,000

ACTIVE Status ⋅ 6 Beds ⋅ 4 Baths ⋅ 7134858 MLS ⋅ 3,108 SqFt.

Beautifully Maintained Hobby Farm Setting with Lots of Charm, Character and History. Very Nice. Rural Six Bedroom, Four Bath Home sitting on 18+- acres to be Surveyed. Home has steel siding, all newer windows and updated architectural Shingles. Several outbuildings have been maintained and have lots of years of good use left. The Property has been beautifully maintained and enjoyment abounds as you tour the landscaped yard. Nice large garden spaces. Home overlooks a Large wildlife pond that is very active. Must see and view the property and landscape to really appreciate. Seller will be updating private sewer system.

29373 325th Street, Underwood

Listing courtesy of Lakes Family Real Estate/Otter Tail Real Estate.

$79,000

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. 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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