TBD Shady Nook Drive, Underwood, MN 56586
Land | MLS# 7058140
Price Reduced — was $349,900 (↓ $24,900) · M Markdowns
$1,898/month Estimated
- Principal & interest
- $1,643
- Property taxes
- $65
- Home insurance (est.)
- $190
- HOA dues
- None
20% down ($65,000) · 30-yr fixed, 6.5% · Can I afford this home?
Estimates only; confirm before you offer.
Located in West Shady Nook Beach, Underwood, MN.
About This Home
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 30 feet—Pickerel Lake is one of the area’s premier destinations for fishing, boating, swimming, and year-round recreation. With over 160 feet of beautiful shoreline, this property offers a scenic mix of mature hardwood trees and natural wetlands, creating a peaceful setting with privacy and abundant wildlife. Whether you envision building a custom lake home, creating a weekend getaway, or holding as an investment property, this parcel offers endless potential. Conveniently located just 20 miles from Fergus Falls and only 12 miles from Underwood, you’ll enjoy the perfect balance of seclusion and accessibility in the heart of lakes country. Potential building opportunities may exist near the path intersections on the higher section close to County Road 115. If you’ve been waiting for the ideal piece of lakefront paradise, this is your chance. $50,000 price drop from last Fall. Schedule your showing today!
Key Features
- Property Type
- Land
- Year Built
- 1950
- Lot Size
- 6.84 acres
- Lot Features
- Accessible Shoreline, Tree Coverage - Heavy
- Utilities
- Electricity Available, None Connected
- Annual Taxes
- $782
- County
- Otter Tail
- Days on Market
- 109
TBD Shady Nook Drive is listed in Underwood, MN, part of Otter Tail County. Browse all Minnesota homes for sale on Modern Market REALTORS®.
Showing — TBD Shady Nook Drive
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 Trilogy Real Estate · 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# 7058140 · Data refreshed June 17, 2026
More Homes for Sale in Underwood, MN
Frequently Asked Questions About TBD Shady Nook Drive
- Where is TBD Shady Nook Drive located?
- TBD Shady Nook Drive is in the West Shady Nook Beach neighborhood of Underwood, MN 56586, in Otter Tail County.
- Is TBD Shady Nook Drive still available?
- Yes — TBD Shady Nook Drive is currently listed as Active on the MLS and accepting showings. Contact us to schedule a tour or make an offer.
- When was TBD Shady Nook Drive built?
- TBD Shady Nook Drive was built in 1950.
- How walkable is TBD Shady Nook Drive?
- TBD Shady Nook Drive has a Walk Score of 0/100 (Car-Dependent) and a Bike Score of 21/100 (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.