Refine Search
Map
Sort by
$134,900
ACTIVE Status ⋅ 7132389 MLS
Beautiful 1.3 acres of land with 155ft of lakefront footage on Norway Lake filled with loads of potential for hunting, fishing and building your dream home! Enjoy a cup of coffee overlooking the scenic views from your own private dock. This land is located about 7 minutes from local restaurants, shopping, nearby lakes; and is little over an hour from the FM area. Don't wait on this one!

23925 NORWAY LAKE Road, Underwood

Listing courtesy of REAL (405 FGO).

$1,057,800
ACTIVE Status ⋅ 7132508 MLS
High quality tillable farmland located in Sverdrup Township, Otter Tail County. This property consists of 141 deeded acres with 124 acres currently being farmed with corn and bean rotation. This listing consists of two parcels which carry Crop Productivity Indexes of 90.32 and 85.6. The farmland is mostly flat with some gently rolling, allowing for smooth operation and easy access. The property is comprised of soils including Lizzie silt, Dent silt loam, Rollis and Quam among others. In addition to the farming value, this property also abuts to John Lake. Enjoy habitat that attracts deer and wildlife and enjoy some amazing duck hunting opportunities. This is a rare opportunity to acquire well-located and highly productive, and easy access land. Property is along Highway 18 and 310th Avenue.

TBD 310th Avenue, Underwood

Listing courtesy of Centennial Realty.

$992,500
ACTIVE Status ⋅ 7132121 MLS
This rare offering brings 2,400+ feet of Little Anna lakefront and 29+ pristine acres together into one unmatched property . Tucked into the quiet heart of Otter Tail County, this rolling land features a mature tree line that circles the lake, offering ultimate privacy and a natural shield from the outside world. Whether you want to build a sprawling family compound, a private corporate retreat, or hold the land as a generational investment, this property offers a blank canvas with none of the usual development headaches. 2,000+ feet of continuous, private frontage on a quiet Natural Environment lake . A beautiful, light tree line frames the water to give you clear views while keeping you completely hidden from the lake. An interior road is already built and leads directly into the property, while a separate access point sits ready off County Highway 35. Keep the entire 29+ acres as one giant estate.Large, private waterfront tracts are rapidly disappearing across Minnesota. This property gives you total control over your view, your peace, and your shoreline. You can escape the noise of crowded lakes and create a private sanctuary where your family can fish, relax, and build memories for generations to come.

TBD CO HWY 35, Underwood

Listing courtesy of Dane Arthur Real Estate Agency-Crosslake.

$250,000
ACTIVE Status ⋅ 7128398 MLS
Great opportunity to develop or build your dream home on Fish Lake. With just over 21 acres including hard bottom sand and undeveloped natural water frontage. Property has western exposure to enjoy sunsets over the lake. With a mix of rolling hills, woodland and tillable acreage this unique offering opens up to several options for best use opportunities. Tillable acreage has been leased in past years.

TBD 280th Avenue, Underwood

Listing courtesy of Edina Realty, Inc..

$85,000
ACTIVE Status ⋅ 7124331 MLS
Bring your vision to life on this scenic 6.9-acre parcel with exceptional road frontage and a beautiful mix of mature trees and open spaces. Located near several lakes in the Underwood area, this property offers a peaceful setting with plenty of room to build a home, cabin, or weekend retreat. The natural landscape provides privacy while maintaining convenient year-round access from Oakdale Rd. A great opportunity to own acreage in Minnesota's beautiful lakes country.

20645 Oakdale Road, Underwood

Listing courtesy of Jeff Hagel.

$299,000
ACTIVE Status ⋅ 7123988 MLS
Fantastic opportunity with this lot! The combination of being located at the intersection of County Hwy 1 and Hwy 35, along with having 10 acres +/- of land, offers tremendous potential for various businesses or projects. Converting it from agricultural use to a commercial or mixed-use property will likely require a survey to define the exact boundaries before finalizing the sale. Given its prime location and size, you have the flexibility to explore different options such as a storage building, convenience store, or even landscaping services. Each of these could benefit greatly from the visibility and accessibility that this location offers. It's essential to consider zoning regulations and any local ordinances that might affect your plans, but overall, this seems like an excellent opportunity for a successful venture!

29xxx County Highway 1, Underwood

Listing courtesy of Dane Arthur Real Estate Agency-Crosslake.

$49,900
ACTIVE Status ⋅ 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.

$495,000
ACTIVE Status ⋅ 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
ACTIVE Status ⋅ 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
ACTIVE Status ⋅ 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
ACTIVE Status ⋅ 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
ACTIVE Status ⋅ 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
ACTIVE Status ⋅ 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.

$325,000
ACTIVE Status ⋅ 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
ACTIVE Status ⋅ 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.

$175,000
ACTIVE Status ⋅ 7030739 MLS
Enjoy peaceful lake living on this large lot with beautiful lake views and access to a quiet, lightly used lake known for great fishing. Whether you're looking to build your dream home, a weekend getaway, or simply invest in a scenic piece of land, this property offers the perfect balance of privacy and recreation. With very few people on the lake, you can relax and enjoy nature, boating, and fishing without the crowds. Conveniently located just minutes from Otter Tail Lake and nearby local restaurants, you'll have easy access to additional recreation, dining, and entertainment while still enjoying the tranquility of lake life.

Lot 1 317th Street, Underwood

Listing courtesy of Oxford Realty (FM).

$75,000
ACTIVE Status ⋅ 7025856 MLS
Enjoy peaceful lake living on this large lot with beautiful lake views and access to a quiet, lightly used lake known for great fishing. Whether you're looking to build your dream home, a weekend getaway, or simply invest in a scenic piece of land, this property offers the perfect balance of privacy and recreation. With very few people on the lake, you can relax and enjoy nature, boating, and fishing without the crowds. Conveniently located just minutes from Otter Tail Lake and nearby local restaurants, you'll have easy access to additional recreation, dining, and entertainment while still enjoying the tranquility of lake life.

Lot 19 317th Street, Underwood

Listing courtesy of Oxford Realty (FM).

$35,000
ACTIVE Status ⋅ 7028045 MLS
Discover the freedom of possibilities with this nearly 3 acre wooded parcel just south of Underwood, ideally positioned along German Lake Road for easy access while still offering the privacy and serenity you crave. Established trees and natural surroundings create the perfect backdrop for your custom dream home, weekend retreat, or future investment. Imagine pulling into your own private escape, where mornings start with quiet sunrises through the trees and evenings end under wide open Minnesota skies. Whether you are ready to break ground now or hunting for land for the future, opportunities like this do not come along often. Build your vision. Create your legacy. Schedule a walk of the property today and experience the potential for yourself.

XXXXX German Lake Road, Underwood

Listing courtesy of Keller Williams Realty Professionals.

$179,000
ACTIVE Status ⋅ 7027185 MLS
Riverside Sanctuary with Lake Access Potential Discover the perfect setting for your dream home on this beautiful 2.26-acre lot boasting 180 feet of frontage on the peaceful Otter Tail River. This lot is specifically positioned to offer the best of river living: Direct River Access: Enjoy canoeing, kayaking, and serene riverside relaxation right from your backyard. A Boater's Dream Location: Benefit from the rare advantage of being just 4 lots from the opening to the massive 794-acre West Lost Lake— accessible via the river! Stunning Views and Ideal Building Site: The property features a large, level area (approximately two-thirds of the lot) perfect for building, which then slopes down to the water, ensuring amazing, river views from your future home. The elevation drop on the NE corner provides the best path to the water's edge. Situated in a subdivision known for its high-quality residences, this is a solid investment. Plus, the location is a convenient 11-minute drive north of Underwood and Highway 210 for an easy commute. A unique opportunity for those seeking a tranquil riverfront escape with close-by lake recreation!

Lot 4 River Pointe Trail, Underwood

Listing courtesy of Dane Arthur Real Estate Agency-Crosslake.

$280,000
ACTIVE Status ⋅ 7025971 MLS
Round Lake Lot 4 and 5! Combining 2 already large lots into one. This expansive 4.85 -acre lake lot overlooks Beautiful Round Lake just 15 mins north of Underwood, MN. WIth a nice flat, level entry from the road and gradually slopes towards the south-facing lake frontage. This is where you build your dream home! 675 total feet of lake frontage provides access to the lake, 88 acres in size with a max depth of 34’ and 16.1’ of water clarity on the Secchi disk. Northern Pike, Largemouth Bass, and Bluegill are the dominant gamefish species. Water recreation is open to jet skis, tubing, skiing and boating! Otter Tail Lake is just 15 mins away and Fergus Falls is only 25 min drive. Feel like exploring larger waters, the beautiful Pickerel Lake is only a 7-minute drive down the road. Come walk this lake, put your dream home into vision. It will be worth your time if you’ve been yearning of the perfect location.

TBD 4/5 Lots 317th St, Underwood

Listing courtesy of Jack Chivers Realty.

$139,000
ACTIVE Status ⋅ 7025969 MLS
Round Lake Lot #5! This expansive 2.71-acre lake lot overlooks Beautiful Round Lake just 15 mins north of Underwood, MN. Lot 5 has a nice flat, level entry from the road and gradually slopes towards the south-facing lake frontage. This is where you build your dream home! 221 feet of lake frontage provides access to the lake, 88 acres in size with a max depth of 34’ and 16.1’ of water clarity on the Secchi disk. Northern Pike, Largemouth Bass, and Bluegill are the dominant gamefish species. Water recreation is open to jet skis, tubing, skiing and boating! Otter Tail Lake is just 15 mins away and Fergus Falls is only 25 mins. Come walk this lake lot to put your dream home into vision. It will be worth your time if you’ve been dreaming of the perfect location.

TBD Lot 5 317th St, Underwood

Listing courtesy of Jack Chivers Realty.

$149,000
ACTIVE Status ⋅ 7025732 MLS
Round Lake! This expansive 2.14 acre lake lot overlooks Beautiful Round Lake. Lot 4 has a nice flat, level entry from the road and gradually slopes towards the south-facing lake frontage. This is where you build your dream home! At the lakes edge you will find a unique bay feature called a Tombolo, where you can place your dock and boat lift. The lake itself is 88 acres in size with a max depth of 34’ and 16.1’ of water clarity on the Secchi disk. Northern Pike, Largemouth Bass, and Bluegill are the dominant gamefish species. Water recreation is open to jet skis, tubing, skiing and boating! Otter Tail Lake is just 15 mins away and Fergus Falls is only 25 mins. Come walk this lake lot to put your dream home into vision. It will be worth your time if you’ve been dreaming of the perfect location.

TBD Lot 4 317th St, Underwood

Listing courtesy of Jack Chivers Realty.

$57,500
ACTIVE Status ⋅ 7007571 MLS
Tucked just north of Underwood, this 6.4 acre wooded building lot offers space, privacy, and natural beauty in every direction. The property features a wetland area, adding scenic views, wildlife, and a peaceful backdrop while still allowing an ideal setting to build your dream home, cabin, or private retreat. Mature trees and a serene landscape create the perfect place to unplug, explore, or simply enjoy the great outdoors. Whether you're looking for a year round place or a weekend getaway, this property delivers freedom, privacy, and the beauty of nature just minutes from town.

XXXXX Co Hwy 35, Underwood

Listing courtesy of Keller Williams Realty Professionals.

The data relating to real estate for sale on this web site comes in part from the Broker Reciprocity Program of the Regional Multiple Listing Service of Minnesota. Real estate listings held by brokerage firms other this firm are marked with the Broker Reciprocity logo. Information Deemed Reliable But Not Guaranteed. Property locations as displayed on any map are best approximations only and exact locations should be independently verified.

Listing data © 2026 Regional Multiple Listing Service of Minnesota. All rights reserved. By searching, you agree to the EULA.