Lot 1 317th Street — Land, Underwood, MN 56586
Land | MLS# 7030739
Price Drop on M Markdowns — was $215,000 (↓ $40,000)
$1,147/month Estimated
- Principal & interest
- $885
- Property taxes (est.)
- $160
- Home insurance (est.)
- $102
- HOA dues
- None
20% down ($35,000) · 30-yr fixed, 6.5% · Can I afford this home?
Estimates only; confirm before you offer.
About This Home
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 weekend getaway, or simply invest in a scenic piece of land, this property offers the perfect balance of privacy and recreation. With very few people on the lake, you can relax and enjoy nature, boating, and fishing without the crowds. Conveniently located just minutes from Otter Tail Lake and nearby local restaurants, you'll have easy access to additional recreation, dining, and entertainment while still enjoying the tranquility of lake life.
Key Features
- HOA
- None
Property Details
- Property Type
- Land
- Lot Size
- 2.47 acres
- Basement
- No
- County
- Otter Tail
- List Date
- 2026-03-05
- Days on Market
- 222 days
- Parcel ID
- 38000990900000
Home Systems & Utilities
Utilities
- Utilities
- Electricity Available, None Connected, Propane Available, Private Septic Available, Private Well Available
Construction & Exterior
Exterior Features
- View
- Lake
Lot & Land
- Lot Features
- Accessible Shoreline, Cleared
- Topography
- Gently Rolling
- Zoning Description
- Residential-Single Family
Waterfront
- Waterfront
- Yes
Agent & Office
- List Office
- Oxford Realty (FM)
Price History
- Price reduced to $175,000 — Aug 28, 2026
Lot 1 317th Street is listed in Underwood, MN, part of Otter Tail County. Browse all Minnesota homes for sale on Modern Market REALTORS®.
Showing — Lot 1 317th Street
Associate Broker · Modern Market REALTORS®
Your Underwood real estate expert since 2012 — I represent you, not the seller. Quick to respond, easy to text.
Listed by Oxford Realty (FM) · Shown by Modern Market REALTORS®
First-Time Home Buyer Guide for Fargo-Moorhead — ND/MN buyer programs, budgeting, and the 7-step process.
View Full Listing & PhotosMLS# 7030739 · Data refreshed August 28, 2026
Frequently Asked Questions About Lot 1 317th Street
- Where is Lot 1 317th Street located?
- Lot 1 317th Street is in Underwood, MN 56586, in Otter Tail County.
- Is Lot 1 317th Street still available?
- Yes — Lot 1 317th Street is currently listed as Active on the MLS and accepting showings. Contact us to schedule a tour or make an offer.
- What does "M Markdowns" mean?
- M Markdowns™ is Modern Market REALTORS®’ real estate tracker of homes for sale with verified MLS price reductions across the Fargo-Moorhead metro and Minnesota lake country. Every reduction is sourced directly from NorthstarMLS — minimum $2,000 drop to filter noise.
Local Companies to Help You Settle In
From inspection to closing to moving day, here are well-known local companies serving the Underwood area.
Listings courtesy of NorthstarMLS as distributed by MLS GRID
Based on information submitted to the MLS GRID as of 10/13/2026, 7:47 PM CDT. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.
IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.