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27513 340th Ave, Underwood, MN, 56586

2beds
1baths
1,304sqft
$339,000
$260price/sqft
$2,201/moest. monthly cost
$88,040/yrincome needed

About This Home

Find your peace in the heart of Otter Tail lakes country! This quaint seasonal cabin sits on over a full acre of level ground on the shores of East Lost Lake. East Lost Lake offers fantastic recreation possibilities. With boat-in access to both Deer Lake and the Otter Tail River, you're sure to find plenty of adventure awaiting! Various species of game fish call this lake home - panfish, walleyes, and even the ever elusive Lake Sturgeon! This little lake offers big opportunity for water fun! When it's time for rest, the cabin offers 2 bedrooms and a full bathroom as well as central air and heating for all-season comfort. With vaulted ceilings throughout, this cabin feels roomy enough for company, yet comfortable for slow evenings at the water's edge. Indoor climate control is simple with a forced air furnace, central air, and ceiling fans for extra summer breeze. Enjoy the low maintenance exterior with vinyl siding and a fresh, 2 year old roof. This property offers great outdoor spaces. The detached double insulated garage provides easy storage and space for any hobbyists work. The well house shed doubles as a fish cleaning space. An additional storage shed closer to the lake is sure to provide convenience for all of your outdoor items. The large lot, at over an acre, is an ideal space for lawn games, cozy evening bonfires, and plenty of extra parking for the guests you're sure to entertain. Located just a stone's throw from many of the Otter Tail Lakes area's biggest attractions - golf courses, restaurants, boutique shopping, seasonal craft fairs, farmer's markets and more - just a few minutes drive gets you to the cities of Battle Lake and Ottertail. Less than half an hour from I94, the commute to your cabin is pain free! If Otter Tail County is calling for you, this seasonal cabin is worth an extra look. All personal property is negotiable. Contact agent for exclusion list. Seller prefers closing after the week of July 4.

Getting Around

0
WalkingCar-Dependent
0
TransitVery Limited Transit
25
BikeSomewhat Bikeable

Schools

7/10
8/10
Underwood SecondaryGrades 5-127.0 mi

Construction

Condition

  • Year built: 1997

Materials

  • Roof: Age 8 Years or Less
  • Construction materials: Frame

Type & Style

  • Home type: MobileManufactured
  • Property subType: Manufactured Home

Interior

Appliances

  • Appliances included: Electric Water Heater,Microwave,Range,Refrigerator
  • Laundry features: Electric Dryer Hookup,Washer Hookup

Basement

  • Basement: None

Bedrooms & Bathrooms

  • Bedrooms: 2
  • Bathrooms: 1
  • Full bathrooms: 1

Features

  • Finished area below ground: 0
  • Finished area above ground: 1,304

Heating & Cooling

  • Heating features: Forced Air
  • Cooling features: Central Air

Interior Area

  • Total structure area: 1,304
  • Total interior livable area: 1,304 sqft

Property

Accessibility

  • Accessibility features: None

Details

  • Parcel number: 57000010007006
  • Zoning description: Residential-Single Family
  • Other equipment: Fuel Tank - Rented
  • Foundation area: 1304

Features

  • Levels: One
  • Stories: 1
  • Patio & porch: Deck
  • Has view: Yes
  • View description: West
  • On waterfront: Yes
  • Waterfront features: Lake Front,Waterfront Elevation(0-4)
  • Frontage length: Water Frontage: 98

Lot

  • Lot size: 1.40 Acres
  • Features: Accessible Shoreline,Tree Coverage - Medium
  • Lot size dimensions: 98 x 400

Parking

  • Total spaces: 2
  • Parking features: Detached Garage,Driveway - Other Surface,Garage Door Opener
  • Has garage: Yes
  • Attached garage spaces: 2
  • Covered spaces: 2
  • Has uncovered spaces: Yes

Climate Risk is Financial Risk

Every home has a financial story beyond the listing price. Below, you’ll see the climate risks that could affect this property — and in Bills & Affordability, how those risks may influence repairs, insurance, utilities, and long-term value.

Biggest Threats for This Home

  • Winter Weather
    Winter WeatherVery High
  • Cold Wave
    Cold WaveRelatively High
  • Strong Wind
    Strong WindRelatively High
  • Tornado
    TornadoRelatively High
  • Hail
    HailModerate
  • Inland Flooding
    Inland FloodingModerate

How This Home’s Risks Compare

Winter Weather
Cold Wave
Strong Wind
Tornado
Hail
Inland Flooding

FEMA Declared Disasters in Otter Tail County and Minnesota

Flood
Severe Storm
Straight Line Winds

Understanding the Costs

Financial advisors generally recommend spending no more than 30% of your gross household income on housing costs. In practice, many households stretch to 35% or beyond — especially in high-cost markets.

Estimated Costs Today

MonthlyAnnual
Mortgage $1,714$20,568
Home Insurance *$160$1,920
Property Taxes $157$1,884
Electricity $170$2,050
Total$2,201$26,412
*Does not include cost of any FAIR Plan premiums

Income You'd Need if You Spent...

35% on housing$75,462/yr
40% on housing$66,030/yr
45% on housing$58,693/yr

Minnesota FAIR Plan Programs

Minnesota FAIR Plan

Covered
WildfireWildfire
HailHail
WindWind
Visit Website →
Current Policies
Residential: 4,160Commercial: 101
Total Premiums$4.54M
Total Exposure$457.44M

How Costs Could Change Over Time

Climate risk is quickly impacting all of the major home ownership costs. Adjust the growth rates and percentage of income spent on housing below to see how your housing costs could change over the next 10 years — and what income you'd need to keep up.

Insurance Growth Rate5-year average: 12.3%
12.3%
0%30.0%
Electricity Growth Rate10-year average: 2.7%
2.7%
0%15.0%
Property Taxes Growth Rate2-year average: 3.3%
3.3%
0%15.0%
Income Spent on Housing
30%
30%45%

Comparing Against the Market

Price Per Sq Ft

$260This listing

vs Other Active Listings

Avg $/sqft

ZIP 56586$185
Otter Tail County$190

vs Homes Sold Last Month

Median $/sqft

ZIP 56586$168
Otter Tail County$152

Current Market Trends

Median Price Per Square Foot

The median price per square foot of homes sold in this area each month. Compare this to this listing's price per square foot to gauge whether the home is priced in line with recent sales.

Historicals for This Listing

Zestimate History ($/sqft)

Price History

DateEventPrice
2026-05-19Listed for sale$339,000

For Sale by Agent

AgentBennet Stich
BrokerageWeichert, Realtors - Paulson Land Co

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