TBD Shady Nook Drive, Underwood, MN 56586

New Listing
$349,900
Property Type: Land Lot Size (sq. ft.): 297,950 Status: Active
Current Price: $349,900 List Date: 4/20/2026 Last Modified: 4/20/2026

Overview

Description

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!

Listing Details MLS# 7058140

General Property Information

Comp Sale YN
No
Development
No
Lot Measurement
Acres
Multiple PIDs?
No
Plat Recorded
Yes
Road Btwn WF & Home?
No
Waterfront Frontage
160
Waterfront Present
Yes
Yearly/Seasonal
Yearly
Zoning
Shoreline
Lot Dimensions
6.84 acres
Acres
6.84
Lake/Waterfront Name
Pickerel Lake (Maine Twp.)
Assessment Pending
No
Association Fee
0

Property Features

Available Utilities: Electricity Available; None Connected Development Status: Raw Land Elevation Highpoint to Waterfront Slope: Gradual Improvements: None Lake Details: Hard; Sand Land Inclusions: Abstract Lot Description: Accessible Shoreline; Tree Coverage - Heavy Property SubType: Lake Property Road Frontage: County Road Road Responsibility: Public Maintained Road Sellers Terms: Cash; Conventional Surface Water: Lake Topography: Gently Rolling; Wooded Waterfront View: Lake

Contract Information

Contingency
None
Original List Price
349900
ListPrice
349900
Owner is an Agent?
No
Auction?
No

Location Tax and Other Information

House Number
TBD
Street Name
Shady Nook Drive
Postal City
Underwood
County
Otter Tail
State
MN
Zip Code
56586
Complex/Dev/Subdivision
West Shady Nook Beach

Assessments

Tax With Assessments
782
Assessment Balance
0

Builder Information

Builder Restrictions
Open

More Information

Elevation Highpoint to Waterfront Feet

Elevation Highpoint Waterfront Feet
4-10

Lake Details

Lake Acres
848
Lake Depth
78
Hard
Yes
Sand
Yes

Lease Details

Land Leased
Not Applicable

Miscellaneous Information

Homestead
No

Ownership

Fractional Ownership
No

Public Survey Info

Range#
41
Section#
15
Township#
134

Office/Member Info

Association
GLAR

Location, Tax and Other Information

AssocFeeYN
No
Legal Description
SECT-15 TWP-134 RANGE-041 6.84 AC PT GL 2 LYING WLY LOT 1 BLK 1 W SHADY NOOK BCH & NLY OF LN DESC AS COM NW COR GL 2, S 537.70' TO PT BG OF LN, E 475.28' TO W LN DEDICATED ROAD NELY ALG W LN 69.88' TO SW COR LOT 1 & TERM.
Listing City
Underwood
Map Page
999
Municipality
Underwood
School District
Battle Lake
School District Phone
218-864-5215
DNR Lake ID#
56047500
DNR Lake Classification
Recreational Development
Zip Plus 4
9445
Property ID Number
38000150099014
Tax Year
2026
Tax Amount
782
In Foreclosure?
No
Potential Short Sale?
No
Lender Owned?
No

Directions & Remarks

Public Remarks
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!
Directions
Go North on County Highway 35 from the intersection of County Highway 1 and 35. Turn east onto County Road 74 and then turn north onto County Road 115. Turn east onto Shady Nook Drive and go to the end of the cul-de-sac. There is a trail next to 31658 that leads to the shoreline.

Development Status

Raw Land
Yes

Elevation Highpoint to Waterfront Slope

Gradual
Yes

Insurance Fee

Insurance Fee
0

Lake/Waterfront

Lake Front
Yes

Lot Description

Accessible Shoreline
Yes
Tree Coverage - Heavy
Yes

Restriction/Covenants

Other Bldg Restrictions
Yes

Road Frontage

County Road
Yes

Road Responsibility

Public Maintained Road
Yes

Sellers Terms

Cash
Yes
Conventional
Yes

Topography

Gently Rolling
Yes
Wooded
Yes

Waterfront View

Lake
Yes

Available Utilities

Electricity Available
Yes
None Connected
Yes

Improvements

None
Yes

Land Inclusions

Abstract
Yes

Property SubType

Lake Property
Yes

Surface Water

Lake
Yes
Listing Office: Trilogy Real Estate
IDX
Last Updated: April - 20 - 2026
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