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29151 Pleasant Lake Rd, Underwood, MN, 56586

1beds
0baths
240sqft
$90,000
$375price/sqft
$707/moest. monthly cost
$28,280/yrincome needed

About This Home

7 private acres overlooking Pleasant Lake! This rural hideaway provides a quiet escape from hustle and bustle of every day life. Centrally located in the heart of Otter Tail County's 1,000+ lakes and just minutes from Pleasant, Anna, and West Lost lakes, you'll find endless opportunity for outdoor recreation. This property is protected under the covenants of Pleasant Pointe - ensuring the quiet enjoyment of this parcel as a future build site. This parcel even allows the keeping of quiet livestock! As an added bonus, the public access for Pleasant Lake couldn't be closer - just a quick few steps across the gravel road. The 240 sqft cabin with full knotty pine interior features a lofted deck overlooking the pond, providing an ideal wildlife lookout spot. This parcel could be the space for your future dream home - with ample space for an extra garage or shop. Find your rural retreat today with opportunity for tomorrow!

Getting Around

0
WalkingCar-Dependent
0
TransitVery Limited Transit
13
BikeSomewhat Bikeable

Schools

7/10
8/10
Underwood SecondaryGrades 5-125.3 mi

Construction

Condition

  • Year built: 2000

Type & Style

  • Home type: SingleFamily
  • Property subType: Single Family

Interior

Appliances

  • Appliances included: Refrigerator

Basement

  • Basement: Crawl Space

Bedrooms & Bathrooms

  • Bedrooms: 1

Features

  • Finished area below ground: 0
  • Finished area above ground: 240

Heating & Cooling

  • Heating features: None
  • Cooling features: Window Unit(s)

Interior Area

  • Total structure area: 240
  • Total interior livable area: 240 sqft

Property

Accessibility

  • Accessibility features: None

Details

  • Parcel number: 57000990433000
  • Zoning description: Residential-Single Family
  • Foundation area: 240

Features

  • Levels: One
  • Stories: 1
  • Patio & porch: Deck

Lot

  • Lot size: 7.68 Acres
  • Features: Tree Coverage - Heavy
  • Lot size dimensions: irr

Parking

  • Parking features: Open
  • 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 $455$5,460
Home Insurance *$42$504
Property Taxes $40$480
Electricity $170$2,050
Total$707$8,484
*Does not include cost of any FAIR Plan premiums

Income You'd Need if You Spent...

35% on housing$24,240/yr
40% on housing$21,210/yr
45% on housing$18,853/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

$375This listing

vs Other Active Listings

Avg $/sqft

ZIP 56586$226
Otter Tail County$191

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)

No zestimate history available

Price History

DateEventPrice
2026-03-12Listed for sale$100,000
2026-02-26Listing removed$100,000
2025-10-29Price change$100,000
2025-09-04Price change$105,000
2025-08-25Listed for sale$115,000
2025-07-14Listing removed$115,000
2025-06-07Listed for sale$115,000

For Sale by Agent

AgentErin Haugrud
BrokerageWeichert, Realtors - Paulson Land Co

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