Underwood, MN Lake Property For Sale (9 Real Estate Listings)

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29216 Pleasant Lake Road, Underwood

$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-CrosslakeRegional Multiple Listing Service of Minnesota Logo

Active
28556 Water Street Trail, Underwood

$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 ProfessionalsRegional Multiple Listing Service of Minnesota Logo

Active
26373 Anna Lake Road, Underwood

$555,000 Anna Lake

↓ $10,000

26373 Anna Lake Road, Underwood

3 Acres Land MLS® # 6740796

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 fo...

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

Pending
163 N Shore Drive, Underwood

$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 SalesRegional Multiple Listing Service of Minnesota Logo

Active Contingent
27306 289th Avenue, Underwood

$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 AtwoodRegional Multiple Listing Service of Minnesota Logo

Active
Xxx Shady Nook Drive, Underwood

$399,000 Pickerel Lake

↓ $10,900

Xxx Shady Nook Drive, Underwood

7 Acres Land MLS® # 6752591

Discover a rare opportunity to own nearly 7 acres of private land on highly coveted Pickerel Lake, known for its exceptional water clarity — over 30 feet at times! With just over 160 feet o...

Trilogy Real EstateRegional Multiple Listing Service of Minnesota Logo

Active
29333 County Highway 35, Underwood

$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 ProfessionalsRegional Multiple Listing Service of Minnesota Logo

Active
Lot 3 Stalker View Lane, Underwood

$149,999 Stalker Lake

Lot 3 Stalker View Lane, Underwood

1 Acres Land MLS® # 6690134

Stalker Lake lot: Great recreational lake is in the heart of lakes country. Accessible shoreline with great building area. Swim, fish, and water sports on this property, or build your dream ...

Century 21 AtwoodRegional Multiple Listing Service of Minnesota Logo

Active
New
34xxx Fiske View Drive, Underwood

$139,900 Fiske

34xxx Fiske View Drive, Underwood

3 Acres Land MLS® # 6811264

Discover the perfect blend of privacy and possibility with this 2.5 acre lake lot on scenic Fiske Lake southeast of Underwood, featuring 219 feet of shoreline and a double stall garage alrea...

Keller Williams Realty ProfessionalsRegional Multiple Listing Service of Minnesota Logo

Underwood, MN Real Estate Statistics

Average Price $317K
Lowest Price $45K
Highest Price $775K
Total Listings 13
Avg. Price/SQFT $230

Property Types (active listings)


As of November 2, 2025 there are 9 active Underwood, MN lake property listings for sale with an average listing price of $413,078. The highest-priced waterfront listing is $775,000, while the lowest priced waterfront listing can be purchased for $139,900. Underwood, MN lakeshore listings have an average price of $277 per square foot, based on listings with an average of 3.0 bedrooms, 2.6 bathrooms, and 1,492 square feet of living space.

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