Lori Gustafson

32807 200th Street

Underwood, MN
$ 1,200,000 Beds 2 Baths 1 Sq 1,288 Virtual Tour
Monthly Estimate* How much can I afford?

This is not just land-this is legacy: 150 +/- acres of pure possibility in Otter Tail County with over 6,000 feet of frontage on Fiske Lake, a 253 acre lake reaching depths of 26 feet perfectly suited for anglers and outdoor enthusiasts. This is a rare combination of woods, pasture, and productive tillable acreage that offers unmatched flexibility to create a private family compound, develop a premier lakeside. neighborhood, or simply enjoy one of the most secluded settings in the region, complete with a well-built 2 bedroom home from 2007 with attached garage and a 24x36 shop. This is a once-in-a-lifetime opportunity to own unmatched lakeshore and absolute privacy in one extraordinary property.

Single Family

  • Price
  • $ 1,200,000
  • City
  • Underwood
  • Bedrooms
  • 2
  • Full Bathrooms
  • 1
  • County
  • OTTER TAIL
  • Half Bathrooms
  • 0
  • Area
  • Lot Size
  • 150.45 Acres
  • Zip
  • 56586
  • Sqr Footage
  • 1,288
  • Year Built
  • 2007
  • Taxes
  • $ 2644
  • Style
  • Single Family
  • MLS#
  • 7045558
Listed By: Keller Williams Realty Professionals
Data Source: Northstar MLS (NSTAR)

Features

General

Living Area 1288
Sewer Septic System Compliant - No
Heating Boiler,Forced Air,In-Floor Heating
Cooling Central Air
Roof Architectural Shingle
Appliances Air-To-Air Exchanger,Dishwasher,Dryer,Electric Water Heater,Water Filtration System,Range,Refrigerator,Washer,Water Softener Owned
Garage Spaces 2
Construction Materials Frame
Year Built 2007
Electric Circuit Breakers,200+ Amp Service
Levels One
Property Subtype Single Family
Tax Year 2026
Waterfront Features Lake Front
Accessibility None
County Otter Tail
New Construction No
Property Type Residential
HOA No
Contingency None
Other Structures Granary,Storage Shed
Full Baths 1
Directions From Underwood,head E on MN-210 then S onto 455th Ave. Continue S onto 200th St and turn E to stay on 200th St. Head NE and into the property.
City Underwood
High School District Underwood
Zoning Description Residential-Single Family
Lot Size Units Acres
Property Attached Y/N No
Land Lease Y/N No
Tax Annual Amount 2644
Additional Parcels Y/N No
Virtual Tour https://www.asteroommls.com/pviewer?hideleadgen=1&token=no7eCErqVUGHrtJht47EWw
Standard Status Active
Lender Owned No
Amenities Unit Deck
PostalCity Underwood

Interior Features

Basement Block,Full,Unfinished
Basement (Y/N) Yes
Fireplace Y/N No
Above Grade Finished Area 1288
Laundry Features Laundry Room,Main Level
Total Bedrooms 2
Total Baths 1
Bath Desc Main Floor Full Bath
Dining Room Description Kitchen/Dining Room
Fuel Electric,Propane
Garage Square Feet 728
Waterfront Feet 6000

Exterior Features

Parking Features Attached Garage,Garage Door Opener
Lot Features Accessible Shoreline,Green Acres,Tillable,Tree Coverage - Medium
Water Source Well
Lot Size Area 150.45
Building Area Total 2576
Lot Dimensions Irregular
Waterfront Y/N Yes
Foundation Area 1288
Road Frontage Type County Road
Road Responsibility Public Maintained Road

Amenities

  • Foreclosure
  • Views
  • Short Sale
  • New Construction
  • Adult 55+
  • Lease To Own
  • No HOA Fees
  • Furnished
  • Primary On Main
  • Air Conditioning
  • Seller Finance
  • Green
  • Fixer Upper
  • Horse
  • Golf
  • Fireplace
  • Deck
  • Garage
  • Basement
  • Pool

Affordability Calculator

$3,786

Per Month

Based on the average sale price from the Faribault, MN office

  • Monthly Principal & interest $2,658
  • Monthly Property Taxes $1,062
  • Monthly Home Insurance $67
Adjust Payment Options
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Let's determine your purchasing power. Working with my mortgage partner, you'll have the information you need to shop for a home with confidence.

Default based on a 30-year fixed rate of 6.49% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA, or jumbo loans.

Mortgage calculator provided courtesy of Inside Real Estate.

Schools

Elementary School Unknown Elementary School
Middle School Unknown Middle School
High School Unknown High School

Price History

3/31/2026 Listed $1,200,000

Property vs Zip Code Average in 56586

Price
AVG $520K
$1.2M
Taxes
AVG $2,043
$2,644
Year Built
AVG 1978
2007
Visits
AVG 78
140
Data Provided by Inside Real Estate®

Areas That We Cover

32807 200th Street Underwood, MN is a Single Family Home for sale at $1200000 with 1288 sqft and a lot size of 150.45 Acres Acre(s). 32807 200th Street Underwood has 2 bedrooms, 1 baths and was built in 2007. The property's zip code is 56586 which is in Underwood, MN

*Information deemed reliable but not guaranteed.

Financial calculator disclaimer: Default based on a 30-year fixed rate of 6.49% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.

Mortgage calculator provided courtesy of Inside Real Estate.

All information deemed reliable, but not guaranteed, and should be independently verified. The real estate information and related content displayed on this site is provided 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.

Lori Gustafson

Lori Gustafson

Broker Associate/Sales Agent

507-323-4348

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