Advertise
    Underwood, MN
    Waterfront

    Underwood, MN Waterfront Land for Sale

    Notify Me
    List
    Map
    Battle Lake, MN Dalton, MN Fergus Falls, MN Dent, MN Erhard, MN Henning, MN Clitherall, MN Vining, MN
    6 properties
    Waterfront Peninsula with Boathouse
    Updated: May 28
    Waterfront Peninsula with Boathouse

    26373 Anna Lake Rd, Underwood, MN 56586

    $495,000
    3.23 AC lot
    3.23‑acre gated peninsula with high ground about 20' above the water line in Ottertail County
    Rustic summer cabin with approved permit to remove and replace, with option for moderate variance; sealed septic tank permit included
    Utilities: 200 amp electric service to the cabin and 100 amp electric to the boathouse
    Boathouse measures 14' x 35' with 10" concrete block walls and a 4" concrete roof supported by steel beams
    Deep‑water well with hand pump and 4" casing that accepts an electric submersible pump; clear water reported
    View details
    Waterfront Lake Lot with Trails
    Updated: Jul 13
    Waterfront Lake Lot with Trails

    19318 308th Ave, Underwood, MN 56586

    $170,000
    2.55 AC lot
    2.55‑acre partially wooded lake lot with 200 ft of lake frontage on Long Lake in Underwood
    Lake lot offers panoramic views with gentle trails leading to the water
    No covenants or restrictions reported
    Long Lake is known for trophy‑size panfish
    View details
    Waterfront Land with Shoreline
    Waterfront Land with Shoreline

    469 N Shore Dr, Underwood, MN 56586

    $125,000

    Lakeshore parcel with city sewer and water available within town limits.

    View details
    Turn a Listing Into an Investment Snapshot Cap Rate, Potential NOI, Demand score for every listing. Go To Analytics Center
    Land
    Land

    23925 Norway Lake Road, Underwood, MN 56586

    $134,900

    Waterfront Land

    View details
    Riverfront Residential Land
    Riverfront Residential Land

    Lot 4 River Pointe Trail, Underwood, MN 56586

    $179,000

    Waterfront parcel with panoramic river views and shoreline, residential-single-family zoning.

    View details
    Vacant Land
    Vacant Land

    20645 Oakdale Rd, Underwood, MN 56586

    $85,000

    Waterfront Land

    View details
    Based on your search, we've compiled 10 Potential Opportunities for your consideration. Besides 6 Active listings in Underwood, MN, we suggest exploring several alternatives: 4 properties in Nearby Cities

    Opportunities in Nearby Cities

    Here are 4 Similar properties we found in Nearby Locations for your consideration.

    Waterfront Land with Private Road
    Waterfront Land with Private Road

    23676 Veitenheimer Road, Dalton, MN 56324

    $324,900
    19.10 AC lot

    High-ground lake property with mature hardwoods, recreational shoreline, and electricity available.

    View details
    Waterfront Lake Lot with Lakeshore
    Waterfront Lake Lot with Lakeshore

    Morningside Drive, Dalton, MN 56324

    $175,000
    0.95 AC lot

    Flat building site with 169 feet of lakeshore, mature trees, and stairs to a hard-bottom waterfront.

    View details
    Waterfront Land with Pole Building
    Waterfront Land with Pole Building

    31281 Brightwood Shore Dr, Dent, MN 56528

    $469,900

    Level lakefront lot with approximately 235 feet of frontage and an improved 40' x 48' pole building.

    View details
    Star Lake Waterfront Land
    Star Lake Waterfront Land

    365XY Co Hwy 35, Dent, MN 56528

    $80,000
    0.32 AC lot

    Shoreline parcel offering access to lake-based recreation and ownership.

    View details

    Underwood, MN Waterfront Land Market Trends and Statistics

    Explore 6 waterfront land for sale in Underwood, MN, showcased through 6 active listings on our real estate platform. These investment opportunities span a total of 251,777 square feet of properties for sale, with an estimated market value of $1,188,900.

    Sale prices for water rights properties in Underwood, MN start at $85,000, averaging $198,150, and reaching up to $495,000 — offering options for a variety of budgets and business needs. Daily updated analytics ensure you stay ahead with the latest data and market trends.

    List
    Map

    Top Commercial Asset Segments

    Commercial property segments ranked by active listings on the market

    Waterfront Land 6
    Residential land & home lots 5
    Agricultural land / Farmland 2

    Demographics Overview

    Population 1,798
    Population Growth (5Y) -6.7%
    Median Household Income $82,333
    College Educated 34.6%

    High-Yield Neighborhoods for Investment

    Identify Underwood submarkets with the highest inventory density on the market and evaluate the average listing prices of real estate assets

    Neighborhood Average Price
    56586 $194K

    Taxes & Financing

    Tax Rate (average for all types) 1.80%
    Property Tax per SF $14.83 per SF
    Tax Rate vs County Average 0.47 pp below county avg
    Average Loan-to-Value 65.0%

    Listings Trend

    New vs delisted commercial listings in Otter Tail County

    New Delisted

    Need Help?

    Reach out if you need assistance with Realmo tools or have questions about your listings

    Contact Us

    Browse Waterfront Land for Sale Near Underwood, MN

    Popular Searches in Underwood, MN

    Most Searched ZIP Codes in Underwood, MN

    • 56586

    Select Neighborhood

    Google sign-in failed. Please try again or use another login method.
    Sign Up Successful!
    You now have access to more from Realmo!