TBD 4/5 Lots 317th St, Underwood, MN 56586
Land | MLS# 7025971
Price Reduced — was $380,000 (↓ $100,000) · M Markdowns
$1,579/month Estimated
- Principal & interest
- $1,416
- Property taxes
- $0
- Home insurance (est.)
- $163
- HOA dues
- None
20% down ($56,000) · 30-yr fixed, 6.5% · Can I afford this home?
Estimates only; confirm before you offer.
About This Home
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, level entry from the road and gradually slopes towards the south-facing lake frontage. This is where you build your dream home! 675 total feet of lake frontage provides access to the lake, 88 acres in size with a max depth of 34’ and 16.1’ of water clarity on the Secchi disk. Northern Pike, Largemouth Bass, and Bluegill are the dominant gamefish species. Water recreation is open to jet skis, tubing, skiing and boating! Otter Tail Lake is just 15 mins away and Fergus Falls is only 25 min drive. Feel like exploring larger waters, the beautiful Pickerel Lake is only a 7-minute drive down the road. Come walk this lake, put your dream home into vision. It will be worth your time if you’ve been yearning of the perfect location.
Virtual Tour
Key Features
- Property Type
- Land
- Lot Size
- 4.85 acres
- Utilities
- Electricity Available, None Connected, Propane Available, Private Septic Available, Private Well Available
- Annual Taxes
- $1
- County
- Otter Tail
- Days on Market
- 163
TBD 4/5 Lots 317th St is listed in Underwood, MN, part of Otter Tail County. Browse all Minnesota homes for sale on Modern Market REALTORS®.
Showing — TBD 4/5 Lots 317th St
Shannon Barnum
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 Jack Chivers Realty · 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# 7025971 · Data refreshed June 24, 2026
More Homes for Sale in Underwood, MN
Frequently Asked Questions About TBD 4/5 Lots 317th St
- Where is TBD 4/5 Lots 317th St located?
- TBD 4/5 Lots 317th St is in Underwood, MN 56586, in Otter Tail County.
- Is TBD 4/5 Lots 317th St still available?
- Yes — TBD 4/5 Lots 317th St 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.