TBD Lot 5 317th St, Underwood, MN 56586
Land | MLS# 7025969
Price Drop on M Markdowns — was $140,000 (↓ $1,000)
$784/month Estimated
- Principal & interest
- $703
- Property taxes
- $0
- Home insurance (est.)
- $81
- HOA dues
- None
20% down ($27,800) · 30-yr fixed, 6.5% · Can I afford this home?
Estimates only; confirm before you offer.
About This Home
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 towards the south-facing lake frontage. This is where you build your dream home! 221 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 mins. Come walk this lake lot to put your dream home into vision. It will be worth your time if you’ve been dreaming of the perfect location.
Virtual Tour
Key Features
- Property Type
- Land
- Lot Size
- 2.71 acres
- Utilities
- Electricity Available, None Connected, Propane Available, Private Well Available
- Annual Taxes
- $1
- County
- Otter Tail
- Days on Market
- 163
TBD Lot 5 317th St is listed in Underwood, MN, part of Otter Tail County. Browse all Minnesota homes for sale on Modern Market REALTORS®.
Showing — TBD Lot 5 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# 7025969 · Data refreshed July 19, 2026
More Homes for Sale in Underwood, MN
Frequently Asked Questions About TBD Lot 5 317th St
- Where is TBD Lot 5 317th St located?
- TBD Lot 5 317th St is in Underwood, MN 56586, in Otter Tail County.
- Is TBD Lot 5 317th St still available?
- Yes — TBD Lot 5 317th St is currently listed as Active on the MLS and accepting showings. Contact us to schedule a tour or make an offer.
- How walkable is TBD Lot 5 317th St?
- TBD Lot 5 317th St has a Walk Score of 0/100 (Car-Dependent) and a Bike Score of 20/100 (Minimal Bike Infrastructure). Scores provided by Walk Score® →
- 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.