Skip main navigation
Active
  • Price cut: $24.9K (6/17)
    $325,000

    Shady Nook Dr, Underwood, MN 56586

    --beds
    --baths
    6.84Acres
    Unimproved Land
    Built in 1950
    6.84 Acres Lot
    $-- Zestimate®
    $--/sqft
    $-- HOA

    What's special

    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!
    98 days
    |
    437
    |
    16
    |

    Zillow last checked:

    Listing updated:

    Listed by:

    Lynette Bjorgaard 218-205-6947,

    Trilogy Real Estate

    Source: NorthstarMLS as distributed by MLS GRID,MLS#: 7058140MLS Logo

      Facts & features

      Interior

      Features
      • Has basement: No

      Property

      Features
      • Has view: Yes
      • View description: Lake
      • Has water view: Yes
      • Water view: Lake
      • Waterfront features: Lake Front, Waterfront Elevation(4-10), Lake Bottom(Hard, Sand)
      • Frontage length: Water Frontage: 160
      Lot
      • Size: 6.84 Acres
      • Dimensions: 6.84 acres
      • Features: Accessible Shoreline, Tree Coverage - Heavy
      • Topography: Gently Rolling,Wooded
      Details
      • Parcel number: 38000150099014
      • Zoning description: Shoreline

      Utilities & green energy

      • Utilities for property: Electricity Available, None Connected

      Community & HOA

      Community
      • Features: No
      • Subdivision: West Shady Nook Beach
      HOA
      • Has HOA: No
      Location
      • Region: Underwood

      Financial & listing details

      • Annual tax amount: $782
      • Date on market: 4/20/2026
      • Inclusions: Abstract

        Estimated market value

        Not available

        Estimated sales range

        Not available

        Not available

        Price history

        DateEventPrice
        6/17/2026Price change$325,000-7.1%
        Source: NorthstarMLS as distributed by MLS GRID #7058140 Report a problem
        4/20/2026Listed for sale$349,900-12.3%
        Source: NorthstarMLS as distributed by MLS GRID #7058140 Report a problem
        12/6/2025Listing removed$399,000
        Source: NorthstarMLS as distributed by MLS GRID #6752591 Report a problem
        8/20/2025Price change$399,000-2.7%
        Source: NorthstarMLS as distributed by MLS GRID #6752591 Report a problem
        7/10/2025Listed for sale$409,900-1.2%
        Source: NorthstarMLS as distributed by MLS GRID #6752591 Report a problem
        6/23/2025Listing removed$415,000
        Source: NorthstarMLS as distributed by MLS GRID #6693251 Report a problem
        3/28/2025Listed for sale$415,000-3.3%
        Source: NorthstarMLS as distributed by MLS GRID #6693251 Report a problem
        5/11/2024Listing removed$429,000
        Source: NorthstarMLS as distributed by MLS GRID #6530587 Report a problem
        5/5/2024Listed for sale$429,000
        Source: NorthstarMLS as distributed by MLS GRID #6530587 Report a problem

        Public tax history

        Tax history is unavailable.

        Monthly payment

        Estimated monthly payment$1,822
        All calculations are estimates and provided by Zillow, Inc. for informational purposes only. Actual amounts may vary.
        HOA fees may include property taxes on listings classified as Co-Ops. Contact the listing agent and/or owner for fee details.
        Mortgage interest rates are dependent on a number of factors, including credit score, down payment, and repayment length. Interest rate data provided by Zillow Group Marketplace, Inc. as of 1/1/1970 from various mortgage lenders with which we have lead or other similar arrangements; the Estimated Payment is an average of those rates.
        See how much you could borrow to make a competitive offer.

        Climate risks

        Neighborhood: 56586

        Getting around

        0 / 100
        Car-Dependent
        21 / 100
        Somewhat Bikeable

        Nearby schools

        GreatSchools rating

        A local agent can set up tours, give advice and negotiate with sellers.

        A local lender can help you make sure your offer is ready when you are.

        Browse local experts

        Similar homes