Waterfront

Underwood, MN Waterfront Land for Sale

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Found 9 waterfront land listings for sale in Underwood, MN, averaging $12,150/acre. Use valuation data to compare deals faster.
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Fiske Lake Waterfront Land
Updated: Oct 19
Fiske Lake Waterfront Land

2XXXX Oakdale Rd Parcel A, Underwood, MN 56586

$299,900
20.00 AC lot
20 acres of land with tillable acreage
Nearly 2,100 feet of undeveloped shoreline on Fiske Lake
Fiske Lake spans 253 acres and reaches depths of 26 feet
Electricity available
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Lakefront Acreage
Updated: Oct 19
Lakefront Acreage

3XXXX 200th St Parcel B, Underwood, MN 56586

$299,900
57.00 AC lot
57+/- acres of waterfront land
Nearly 500 feet of Fiske Lake shoreline
Fiske Lake covers 253 acres and reaches depths of 26 feet
Electricity available
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Wooded Lakefront Land
Wooded Lakefront Land

XXXXX 200th St Parcel D, Underwood, MN 56586

$299,900
46.00 AC lot

A substantial wooded parcel with lake frontage and electricity available.

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Waterfront Peninsula with Boathouse
Waterfront Peninsula with Boathouse

26373 Anna Lake Rd, Underwood, MN 56586

$495,000
3.23 AC lot

A gated, high-ground waterfront peninsula with a 14-by-35 boathouse and deep-water dock potential.

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Waterfront Lake Lot with Trails
Waterfront Lake Lot with Trails

19318 308th Ave, Underwood, MN 56586

$170,000
2.55 AC lot

Partially wooded lake lot with 200 feet of lake frontage on Long Lake in Underwood.

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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.

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Land
Land

23925 Norway Lake Road, Underwood, MN 56586

$129,900

Waterfront Land

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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.

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Vacant Land
Vacant Land

20645 Oakdale Rd, Underwood, MN 56586

$85,000

Waterfront Land

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9 active listings match your search: Waterfront for sale in Underwood, MN. Based on your search, we've also compiled 4 Potential Opportunities for your consideration: 4 properties in nearby cities.

Opportunities in Nearby Cities

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

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.

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Waterfront Land with Private Road
Waterfront Land with Private Road

23676 Veitenheimer Road, Dalton, MN 56324

$299,900
19.10 AC lot

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

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Land, Clitherall, MN
Land, Clitherall, MN

21286 Westwood Drive, Clitherall, MN 56524

$435,000
0.83 AC lot

Waterfront Land · 0.83 Acres

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Land, Clitherall, MN
Land, Clitherall, MN

43300 170th Street, Clitherall, MN 56524

$125,000
5.00 AC lot

Waterfront Land · 5.00 Acres

View details

Underwood, MN Waterfront Land Market Trends and Statistics

Explore 9 waterfront land for sale in Underwood, MN, showcased through 9 active listings on our real estate platform. These investment opportunities span a total of 5,609,657 square feet of properties for sale, with an estimated market value of $2,083,600.

Sale prices for water rights properties in Underwood, MN start at $85,000, averaging $231,511, 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.

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Top Commercial Asset Segments

Commercial property segments ranked by active listings on the market

Waterfront Land 9
Residential land & home lots 5
Agricultural land / Farmland 4
Hunting land 1

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 $244.4K

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%

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