This home's estimate is 29% higher than the average sale price ($417K) of 6 comparable homes.
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28601 Water Street Rd, Underwood, MN 56586
About this home
Enjoy privacy along with the beauty and tranquility of nature with this 2+ bedroom, 2 bath home on 20+ acres with over 2000ft of frontage on Long Lake near Underwood. This unique property features ash floors and tongue & groove ceilings milled from trees on the property, skylights, kitchen with granite counters and tiled backsplash, two propane fireplaces, steel siding, covered porch with gorgeous views of the lake, and a 32 x 40 shop plus lean-to for additional storage. Long Lake is a 76 acre natural environment lake with 29ft maximum depth and 12ft water clarity.
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Market trends in 56586, MN
Last updated August 2026
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Sale history for 28601 Water Street Rd
Tax history for 28601 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: Gravel, None
Interior
- Bedroom Information
- # of Bedrooms: 2
- Bathroom Information
- # of Three Quarter Baths (Total): 2
- Description: 3/4 Basement,Main Floor 3/4 Bath
- Room 1 Information
- Room Dimensions: 8.7X4.1
- Room Level: Lower
- Room 2 Information
- Room Dimensions: 8.1X5
- Room Level: Main
- Room 3 Information
- Room Type: Den
- Room Dimensions: 18.5X9.5
- Room Level: Lower
- Room 4 Information
- Room Type: Dining Room
- Room Dimensions: 18.6X12.6
- Room Level: Main
- Room 5 Information
- Room Type: Family Room
- Room Dimensions: 25.9X17.6
- Room Level: Lower
- Room 6 Information
- Room Type: Bedroom 1
- Room Dimensions: 12.4X10.4
- Room Level: Main
- Room 7 Information
- Room Type: Kitchen
- Room Dimensions: 12.6X8.2
- Room Level: Main
- Room 8 Information
- Room Type: Living Room
- Room Dimensions: 25.1X14.1
- Room Level: Main
- Room 9 Information
- Room Level: Main
- Room 10 Information
- Room Type: Bedroom 2
- Room Dimensions: 12.5X10.4
- Room Level: Main
- Room 11 Information
- Room Dimensions: 8.7X4.1
- Room Level: Lower
- Room 12 Information
- Room Dimensions: 8.1X5
- Room Level: Main
- Room 13 Information
- Room Type: Den
- Room Dimensions: 18.5X9.5
- Room Level: Lower
- Room 14 Information
- Room Type: Dining Room
- Room Dimensions: 18.6X12.6
- Room Level: Main
- Room 15 Information
- Room Type: Family Room
- Room Dimensions: 25.9X17.6
- Room Level: Lower
- Room 16 Information
- Room Type: Bedroom 1
- Room Dimensions: 12.4X10.4
- Room Level: Main
- Room 17 Information
- Room Type: Kitchen
- Room Dimensions: 12.6X8.2
- Room Level: Main
- Room 18 Information
- Room Type: Living Room
- Room Dimensions: 25.1X14.1
- Room Level: Main
- Room 19 Information
- Room Level: Main
- Room 20 Information
- Room Type: Bedroom 2
- Room Dimensions: 12.5X10.4
- Room Level: Main
- Basement Information
- Basement Features: Block, Finished, Walkout
- Dining Room Information
- Dining Room Features: Informal Dining Room,Living/Dining Room
- Fireplace Information
- Has Fireplace
- Fireplace Features: Gas
- Heating & Cooling
- Heating Information: Baseboard, Radiant
- Cooling Information: Wall Unit(s)
- Interior Features
- Room Type: Living Room, Dining Room, Family Room, Kitchen, Bedroom 1, Bedroom 2, Den, Porch
- Appliances: Disposal, Fuel Tank - Owned, Microwave, Range, Refrigerator, Water Softener Owned
Exterior
- Building Information
- Construction Materials: Steel Siding
- Foundation Area: 952
- Roof: Asphalt
- Waterfront Information
- On Waterfront
- Waterfront Features: Lake Front
- Water Body Name: Long
- Waterfront Num: 56038800
- Lake Acres: 1,288
- Lake Bottom: Undeveloped
- Lake Classification: General Development
- Lake Depth: 128
- Waterfront Feet: 2100
- Road Between Waterfront And Home Y/N: No
- Property Information
- FractionalOwnershipYN: No
- Property Type: Residential
- Property Sub Type: Single Family Residence
- Other Structures: Lean-To, Workshop
- Above Grade Finished Area: 1,232
- Below Grade Finished Area: 952
- Amenities: Ceiling Fan(s),Dock,Hardwood Floors,Porch,Skylight,Boat Slip
- Lot Information
- Lot Features: Accessible Shoreline, Tree Coverage - Heavy
- Lot Size Area: 20.65
- Lot Size Units: Acres
- Lot Size Dimensions: 20.65 Acres
- Road Frontage Type: Unpaved Streets
Financial
- Tax Information
- Tax Annual Amount: $2,137
- Tax Year: 2017
- Tax With Assessments: $2,192
- Lease / Rent Details
- RentalLicense Y/N: No
Utilities
- Utility Information
- Water Source: Private
- Sewer: Private Sewer, Tank with Drainage Field
- Fuel: Electric,Propane
Location
- School Information
- High School District: Fergus Falls
- School District Number: 544
- School District Phone: 218-998-0544
- Location Information
- Directions: From Underwood, north on Co. Rd. 35, west on Co. Rd. 1, north on Water Steet Road.
- Map Coordinate: 999-A1
Public facts
- Beds: 2
- Baths: 2.0
- Sq. Ft.: 1,904
- Stories: —
- Parking Spaces: 0
- Basement: Yes
- Accessible: No
- Lot Size: 20.65 acres
- Style: Single Family Residential
- Year Built: 1976
- Year Renovated: 1992
- County: Otter Tail County
- APN: 28000360289000
- HOA Dues: —
- Garage: No
- Features: Waterfront
Other
- Home Information
- Main Level Finished Area: 1232.0000
- Building Area Total: 2184
- Levels: One
Around this home
Schools
Public PreK-6 • Assigned • 7.2mi
Public 5-12 • Assigned • 7.2mi
Lifestyle
Provided by Walk Score and Local Logic
Climate risks
Minimal risk of a flood reaching the building in the next 30 years
0.31% 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 28601 Water Street Rd
| Address | Redfin Estimate |
|---|---|
- Beds | 3 Baths | 1320 Sq. Ft. | $508,034 |
3 Beds | 2 Baths | 2096 Sq. Ft. | $463,340 |
| Address | Redfin Estimate |
|---|---|
5 Beds | 3 Baths | - Sq. Ft. | $538,723 |
2 Beds | 2 Baths | 1200 Sq. Ft. | $462,068 |
| Address | Redfin Estimate |
|---|---|
4 Beds | 3 Baths | 3276 Sq. Ft. | $538,111 |
4 Beds | 3 Baths | - Sq. Ft. | $599,107 |
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