1950 land for sale at TBD Shady Nook Drive in Underwood, MN (photo 1 of 31)

TBD Shady Nook Drive — Land, Underwood, MN 56586

Land | MLS# 7058140

Price Reduced — was $349,900 (↓ $24,900) · M Markdowns

$325,000

$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.

Underwood, MN Active

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

Built
1950
HOA
None
Annual Taxes
$782 (2026)

Property Details

Property Type
Land
Lot Size
6.84 acres
Basement
No
County
Otter Tail
List Date
2026-04-19
Days on Market
177 days
Parcel ID
38000150099014

Financial

Total Tax incl. Assessments
$782

Home Systems & Utilities

Utilities

Utilities
Electricity Available, None Connected

Construction & Exterior

Exterior Features

View
Lake

Lot & Land

Lot Features
Accessible Shoreline, Tree Coverage - Heavy
Topography
Gently Rolling,Wooded
Road Surface
County Road
Zoning Description
Shoreline

Waterfront

Waterfront
Yes

Agent & Office

List Office
Trilogy Real Estate

Price History

  • Price reduced to $325,000 — Jun 17, 2026

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®

Schedule a Home Tour View Full Listing & Photos

MLS# 7058140 · Data refreshed June 17, 2026

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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

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MLS GRID Listings courtesy of NorthstarMLS as distributed by MLS GRID

Based on information submitted to the MLS GRID as of 10/13/2026, 8:30 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.