Underwood, MN Homes for Sale (7 Real Estate Listings)

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$775,000 Pleasant Lake

29216 Pleasant Lake Road, Underwood

4 Beds 4 Baths 2 Acres 5,464 SqFt Single Family MLS® # 6784248

From the moment you pull into the meticulously landscaped driveway, this Pleasant Lake home will captivate you. Step inside and be greeted by an awe-inspiring custom kitchen, a true chef's d...

Dane Arthur Real Estate Agency-Crosslake

$599,900 West Lost Lake

28556 Water Street Trail, Underwood

3 Beds 3 Baths 3 Acres 2,912 SqFt Single Family MLS® # 6713702

This rare waterfront gem on West Lost Lake offers a 3 bedroom, 3 bathroom rambler nestled on 2.7 private acres on a peninsula with 400 feet of combined shoreline. The home features a low mai...

Keller Williams Realty Professionals

$499,000 Bass Lake

↓ $30,000

163 N Shore Drive, Underwood

3 Beds 3 Baths 1 Acres 2,519 SqFt Single Family MLS® # 6743804

Come find your lake home or vacation paradise with this stunning 3-bedroom, 3-bathroom retreat on the north shore of beautiful Bass Lake in Underwood! Set on over an acre of land with 128 fe...

Realty Executives Alex Home Sales

$399,900 No Name Lake

↓ $20,000

27306 289th Avenue, Underwood

2 Beds 2 Baths 1 Acres 1,112 SqFt Single Family MLS® # 6720038

Year-round home with 150' on Little Pleasant. The home provides amazing lake views, an oversized master suite with a private bath, and a large in-floor heated garage that provides year-round...

Century 21 Atwood

$200,000 West Lost Lake

↓ $29,900

29333 County Highway 35, Underwood

3 Beds 1 Bath 20 Acres 1,417 SqFt Single Family MLS® # 6691335

Discover the charm of this 1951-built cabin on the serene shores of West Lost Lake, nestled on over 19 acres of picturesque land. This 3-bedroom, 1-bathroom retreat offers rustic appeal and ...

Keller Williams Realty Professionals

$199,000

↓ $20,000

32636 Birchwood Shore Drive, Underwood

2 Beds 2 Baths 1 Acres 1,352 SqFt Single Family MLS® # 6755795

Pickerel Lake Backlot: Peaceful and private 1.2 acre nicely wooded lot with a charming cabin. Cabin features open floor plan with knotty pine interior, a fun loft, 2 lower level bedrooms, ...

Coldwell Banker Preferred Partners

$105,000

↓ $10,000

29151 Pleasant Lake Road, Underwood

1 Bed 8 Acres 240 SqFt Single Family MLS® # 6777820

Picturesque dry cabin on 7 private acres! This adorable 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...

Weichert, Realtors - Paulson Land Co

Underwood, MN Real Estate Statistics

Average Price	$322K
Lowest Price	$45K
Highest Price	$775K
Total Listings	13
Avg. Price/SQFT	$233

Property Types (active listings)

As of October 27, 2025 there are 7 active Underwood, MN real estate listings for sale with an average listing price of $396,829. The highest-priced property listing is $775,000, while the lowest priced property can be purchased for $105,000. Underwood, MN homes for sale have an average price of $233 per square foot, based on listings with an average of 2.6 bedrooms, 2.5 bathrooms, and 2,145 square feet of living space.