This home's estimate is 28.1% higher than the average sale price ($462K) of 6 comparable homes.
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28222 Water Street Rd, Underwood, MN 56586
About this home
Absolutely gorgeous one-owner home on 6.6 private acres overlooking West Lost Lake! This rare property is surrounded by state easements, meaning no future development nearby—offering peace, privacy, and open views. Built in 1999, this well-maintained home features 4+ bedrooms, 3 bathrooms, and a spacious open-concept layout filled with natural light. The custom kitchen includes ample cabinetry and a built-in breakfast booth. A sunroom with in-floor heat provides a cozy, year-round retreat. The main floor also includes a large primary suite, office/den, laundry room, and plank flooring throughout. The walkout lower level adds flexible living space with in-floor heat and a fireplace. Enjoy an attached heated garage and separate heated shed—ideal for storage or hobbies. Central air, quality finishes, and thoughtful design make this home move-in ready. Whether you’re looking for a year-round home or a peaceful countryside getaway, this property delivers comfort, space, and lasting value.
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Market trends in 56586, MN
Last updated September 2026
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Sale history for 28222 Water Street Rd
Tax history for 28222 Water Street Rd
*Taxable value of land and structures on it ("additions") is determined regularly by local assessors and does not affect market price.
Public record
Property details
Parking
- Parking Information
- Parking Features: Attached Garage, Gravel, Garage Door Opener, Heated Garage, Insulated Garage, RV Access/Parking, Storage
- Garage Spaces: 2
- Garage Dimensions: 24x23
- Garage Sq. Ft.: 552
Interior
- Bedroom Information
- # of Bedrooms: 4
- Bathroom Information
- # of Full Baths (Total): 1
- # of Three Quarter Baths (Total): 1
- # of Half Baths (Total): 1
- Description: 3/4 Basement,3/4 Primary,Main Floor 1/2 Bath,Primary Walk-Thru
- Room 1 Information
- Room Type: Bathroom
- Room Level: Main
- Room 2 Information
- Room Type: Bathroom
- Room Level: Main
- Room 3 Information
- Room Type: Bathroom
- Room Level: Lower
- Room 4 Information
- Room Type: Den
- Room Level: Main
- Room 5 Information
- Room Type: Dining Room
- Room Level: Main
- Room 6 Information
- Room Type: Family Room
- Room Level: Lower
- Room 7 Information
- Room Type: Bedroom
- Room Level: Main
- Room 8 Information
- Room Type: Bedroom 4
- Room Level: Lower
- Room 9 Information
- Room Type: Kitchen
- Room Level: Main
- Room 10 Information
- Room Type: Laundry
- Room Level: Main
- Room 11 Information
- Room Type: Living Room
- Room Level: Main
- Room 12 Information
- Room Type: Bedroom 2
- Room Level: Lower
- Room 13 Information
- Room Type: Sun Room
- Room Level: Main
- Room 14 Information
- Room Type: Bedroom 3
- Room Level: Lower
- Laundry Room Information
- Laundry Features: Laundry Room, Main Level
- Basement Information
- Has Basement
- Basement Features: Daylight/Lookout Windows, Finished, Walkout, Wood
- Dining Room Information
- Dining Room Features: Breakfast Area,Informal Dining Room,Living/Dining Room
- Fireplace Information
- Has Fireplace
- # of Fireplaces: 1
- Heating & Cooling
- Heating Information: Baseboard, Forced Air, Fireplace(s)
- Cooling Information: Central Air
- Interior Features
- Appliances: Central Vacuum, Dishwasher, Dryer, Fuel Tank - Rented, Gas Water Heater, Microwave, Range, Refrigerator, Washer, Water Softener Owned
Exterior
- Building Information
- Construction Materials: Frame
- New Construction
- Foundation Area: 1,504
- Roof: Asphalt
- Exterior Features
- Patio Porch Type: Deck
- Waterfront Information
- On Waterfront
- Waterfront Features: Lake Front
- Road Between Waterfront And Home Y/N: N
- Property Information
- Above Ground Total Sq. Ft.: 1,792
- Below Ground Total Sq. Ft.: 1,504
- FractionalOwnershipYN: No
- Property Type: Residential
- Other Structures: Bunk House, Shed(s), Workshop, Storage Shed
- Above Grade Finished Area: 1,792
- Below Grade Finished Area: 1,262
- Amenities: Deck,Kitchen Window,Primary Bedroom Walk-In Closet,Main Floor Primary Bedroom,Patio,Panoramic View,Sun Room,Vaulted Ceiling(s),Washer/Dryer Hookup
- Lot Information
- Lot Features: Accessible Shoreline, Tree Coverage - Medium
- Lot Size Area: 6.68
- Lot Size Units: Acres
- Lot Size Dimensions: 6.68 acres
- Road Frontage Type: Township
- Road Responsibility: Public Maintained Road
Financial
- Tax Information
- Tax Annual Amount: $2,642
- Tax Year: 2024
- Tax With Assessments: $2,642
Utilities
- Utility Information
- Water Source: Other, Well
- Electric: Circuit Breakers
- Sewer: Private Sewer
- Fuel: Electric,Propane
Location
- School Information
- High School District: Underwood
- School District Number: 550
- School District Phone: 2188266101
- Location Information
- Directions: North of county rd 1 on water street to 28222 Water Street Rd
- Map Coordinate: 999-A1
Public facts
- Beds: —
- Baths: 2.0
- Sq. Ft.: 2,766
- Stories: —
- Lot Size: 6.68 acres
- Style: Single Family Residential
- Year Built: 1999
- Year Renovated: 2005
- County: Otter Tail County
- APN: 38000310240000
Other
- Home Information
- Living Area: 3054
- Living Area Units: Square Feet
- Main Level Finished Area: 1792
- Building Area Total: 3296
- Foundation Details: Other
- Levels: One
Around this home
Schools
Public PreK-6 • Assigned • 6.7mi
Public 5-12 • Assigned • 6.7mi
Lifestyle
Provided by Walk Score and Local Logic
Climate risks
Minimal risk of a flood reaching the building in the next 30 years
0.46% chance of being in a wildfire in next 30 years
7 days above 96° expected this year, 12 days in 30 years
Minor risk of severe winds over next 30 years
2 unhealthy days expected this year, 3 days in 30 years
Sun exposure
In this area, properties receive around 10 hours in June and 3.4 hours in December, which is comparable to the U.S. average for solar exposure.
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Nearby similar homes
New listings for sale in 56586
Home values near 28222 Water Street Rd
| Address | Redfin Estimate |
|---|---|
- Beds | 3 Baths | 1320 Sq. Ft. | $507,225 |
3 Beds | 2 Baths | 2096 Sq. Ft. | $462,295 |
| Address | Redfin Estimate |
|---|---|
- Beds | 1 Baths | 1256 Sq. Ft. | $345,485 |
2 Beds | 2 Baths | 1200 Sq. Ft. | $480,766 |
| Address | Redfin Estimate |
|---|---|
4 Beds | 3 Baths | 3276 Sq. Ft. | $539,443 |
- Beds | 2 Baths | 2056 Sq. Ft. | $463,148 |
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