Underwood, MN Land for Sale (14 Real Estate Listings)

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Tbd 4/5 Lots 317th St, Underwood

$380,000 Maine (Round)

↓ $45,000

Tbd 4/5 Lots 317th St, Underwood

5 Acres Land MLS® # 7025971

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, leve...

Jack Chivers RealtyRegional Multiple Listing Service of Minnesota Logo

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Tbd Shady Nook Drive, Underwood

$349,900 Pickerel Lake (Maine Twp.)

Tbd Shady Nook Drive, Underwood

7 Acres Land MLS® # 7058140

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...

Trilogy Real EstateRegional Multiple Listing Service of Minnesota Logo

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Lot 1 317th Street, Underwood

$215,000 Round Lake

Lot 1 317th Street, Underwood

2 Acres Land MLS® # 7030739

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 we...

Oxford Realty (FM)Regional Multiple Listing Service of Minnesota Logo

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Tbd Lot 3 317th Street, Underwood

$215,000 Maine (Round)

Tbd Lot 3 317th Street, Underwood

2 Acres Land MLS® # 7074209

Enjoy the peace and privacy of country living with this beautiful 2.43-acre lake lot on Round Lake! Featuring 336 feet of frontage, this property offers the perfect setting to build your dre...

Berkshire Hathaway HomeServices Premier PropertiesRegional Multiple Listing Service of Minnesota Logo

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Tbd Lot 4 317th St, Underwood

$199,000 Maine (Round)

↓ $26,000

Tbd Lot 4 317th St, Underwood

2 Acres Land MLS® # 7025732

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. Th...

Jack Chivers RealtyRegional Multiple Listing Service of Minnesota Logo

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Tbd Lot 5 317th St, Underwood

$199,000 Maine (Round)

↓ $31,000

Tbd Lot 5 317th St, Underwood

3 Acres Land MLS® # 7025969

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...

Jack Chivers RealtyRegional Multiple Listing Service of Minnesota Logo

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Lot 4 River Pointe Trail, Underwood

$179,000 Otter Tail River

Lot 4 River Pointe Trail, Underwood

2 Acres Land MLS® # 7027185

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...

Dane Arthur Real Estate Agency-CrosslakeRegional Multiple Listing Service of Minnesota Logo

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290xx County Highway 35, Underwood

$149,900 West Lost Lake

290xx County Highway 35, Underwood

21 Acres Land MLS® # 7075223

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 t...

Counselor Realty, Inc.Regional Multiple Listing Service of Minnesota Logo

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20710 Oakdale Road, Underwood

$145,000 Fiske

20710 Oakdale Road, Underwood

8 Acres Land MLS® # 7023320

This 7.72-acre lot offers 680 feet of waterfront on Fiske Lake. Perfectly suited for outdoor enthusiasts, the property boasts a partially wooded landscape, providing both privacy and scenic ...

Boll RealtyRegional Multiple Listing Service of Minnesota Logo

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Lot 19 317th Street, Underwood

$110,000 Round Lake

Lot 19 317th Street, Underwood

4 Acres Land MLS® # 7025856

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 we...

Oxford Realty (FM)Regional Multiple Listing Service of Minnesota Logo

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Tbd Lot 15 317th Street, Underwood

$75,000

Tbd Lot 15 317th Street, Underwood

3 Acres Land MLS® # 7074472

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 offe...

Berkshire Hathaway HomeServices Premier PropertiesRegional Multiple Listing Service of Minnesota Logo

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Xxxxx Co Hwy 35, Underwood

$68,999

↓ $3,501

Xxxxx Co Hwy 35, Underwood

6 Acres Land MLS® # 7007571

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, wil...

Keller Williams Realty ProfessionalsRegional Multiple Listing Service of Minnesota Logo

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Tbd Co Hwy 1, Underwood

$59,900

↓ $10,000

Tbd Co Hwy 1, Underwood

3 Acres Land MLS® # 7044821

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...

Boll RealtyRegional Multiple Listing Service of Minnesota Logo

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Xxxxx German Lake Road, Underwood

$35,000

Xxxxx German Lake Road, Underwood

3 Acres Land MLS® # 7028045

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 privac...

Keller Williams Realty ProfessionalsRegional Multiple Listing Service of Minnesota Logo

Underwood, MN Real Estate Statistics

Average Price $281K
Lowest Price $35K
Highest Price $1.2M
Total Listings 30
Avg. Price/SQFT $268

Property Types (active listings)


As of May 19, 2026 there are 14 active Underwood, MN land & farm listings for sale with an average listing price of $170,050. The highest-priced land listing is $380,000, while the lowest priced land listing can be purchased for $35,000. Underwood, MN land & farm listings have an average price of $48,746 per acre, based on land listings with an average of 5 acres.

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