27431 340th Avenue, Underwood, MN 56586

$565,000
Property Type: Residential Bedrooms: 4 Baths: 2 Square Footage: 1,856 Lot Size (sq. ft.): 22,651 Status: Active
Current Price: $565,000 List Date: 5/08/2026 Last Modified: 6/04/2026

Overview

Description

East Lost Lake living with everything you could ask for! A deep, level lot with a nice sandy beach/play area. When the sellers purchased this property in 2015, they took the cabin down to the studs. All new wiring, new plumbing, insulation, sheetrock, new bathroom, new kitchen, new windows, new siding. Everything updated! Then in 2017 they added an 18'x22' covered patio with a vaulted wood ceiling. It's a perfect place to enjoy the lakeview and the gorgeous sunsets. New shingles on home in 2018 with all new rain gutters with leaf guards. In 2019 a major project! Not just a garage, but a 24' x 48' shouse. Insulated, sheetrocked with 2 bedrooms and a 3/4 bath. They have used the remaining finished area as a family room/game room/kitchenette and there is still room for a vehicle or two. When the garage door is up there is a custom pull down screen door that keeps the bugs out! At the top of it all is a 10' x 48' loft that can be used as a family room, office space or additi ...

Listing Details MLS# 7070295

General Property Information

Common Wall
No
Lot Measurement
Acres
Manufactured Home?
No
Multiple PIDs?
No
New Development
No
Road Btwn WF & Home?
No
Waterfront Frontage
50
Year Built
1935
Yearly/Seasonal
Yearly
Zoning
Residential-Single Family
Bath Three Quarters
2
Main Floor Total SqFt
1376
Above Grd Total SqFt
1856
Total SqFt
1856
Total Finished Sqft
1856.00
FireplaceYN
No
Lake/Waterfront Name
East Lost
Style
(SF) Single Family
Foundation Size
1376
Garage Stalls
2
Lot Dimensions
50x400
Acres
0.52
Assessment Pending
No
Number of Fireplaces
0
Bath Half
0
Bath Quarter
0
Below Grd Total SqFt
0
Association Fee
0

Property Features

Accessible: None Air Conditioning: Ductless; Window Unit(s) Amenities Unit: Dock; Patio; Washer/Dryer Hookup Appliances: Range; Refrigerator Basement: None Bath Description: Main Floor 3/4 Bath Construction Materials: Frame Construction Status: Previously Owned Dining Room Description: Breakfast Bar Electric: Circuit Breakers Elevation Highpoint to Waterfront Slope: Level Exterior: Cedar; Cement Board Foundation: Slab Fuel: Electric Heating: Baseboard; Space Heater Lake Details: Hard; Sand Laundry: Main Level Lock Box Type: Combo Lot Description: Accessible Shoreline; Tree Coverage - Light Outbuildings: Other Parking Characteristics: Finished Garage; Floor Drain; Garage Door Opener; Heated Garage Pool Description: None Property Subtype: Shouse (Shop + House) Road Frontage: No Outlet/Dead End; Unpaved Streets Road Responsibility: Public Maintained Road Roof: Asphalt Shingles Sellers Terms: Cash; Conventional Sewer: Septic System Compliant - Yes; Tank with Drainage Field Stories: Two Water: Drilled Waterfront View: West

Contract Information

Contingency
Subject to Financing
Original List Price
565000
ListPrice
565000
Owner is an Agent?
No
Auction?
No

Location Tax and Other Information

House Number
27431
Street Name
340th
Street Suffix
Avenue
Postal City
Underwood
County
Otter Tail
State
MN
Zip Code
56586

Assessments

Assessment Balance
85
Assessment Installment
85
Tax With Assessments
1860

Basement

Foundation Dimensions
1376
None
Yes

More Information

Building Information

Finished SqFt Above Ground
1856

Elevation Highpoint to Waterfront Feet

Elevation Highpoint Waterfront Feet
0-4

Lake Details

Lake Acres
483
Lake Depth
36
Hard
Yes
Sand
Yes

Lease Details

Land Leased
Not Applicable

Lock Box Type

Lock Box Source
GLAR
Combo
Yes

Miscellaneous Information

DP Resource
Yes
Homestead
No

Ownership

Fractional Ownership
No

Parking Characteristics

Garage Dimensions
24x24
Garage Door Width
22
Garage Square Feet
576
Finished Garage
Yes
Floor Drain
Yes
Garage Door Opener
Yes
Heated Garage
Yes

Public Survey Info

Range#
41
Section#
Yes
Township#
133

Office/Member Info

Association
GLAR

Location, Tax and Other Information

AssocFeeYN
No
Legal Description
SECT-01 TWP-133 RANGE-041 .52 AC PT GL 10; BEG 1511.16' S & 33' WLY OF NE COR, WLY 443' SLY ON LK 51.77', ELY 458', N 51.77' TO BEG
Listing City
Underwood
Map Page
999
Municipality
Sverdrup Twp
School District
Underwood
School District Phone
218-826-6101
DNR Lake ID#
56037800
DNR Lake Classification
Not Applicable
Zip Plus 4
7845
Property ID Number
57000010007003
Tax Year
2026
Tax Amount
1775
In Foreclosure?
No
Potential Short Sale?
No
Lender Owned?
No

Directions & Remarks

Public Remarks
East Lost Lake living with everything you could ask for! A deep, level lot with a nice sandy beach/play area. When the sellers purchased this property in 2015, they took the cabin down to the studs. All new wiring, new plumbing, insulation, sheetrock, new bathroom, new kitchen, new windows, new siding. Everything updated! Then in 2017 they added an 18'x22' covered patio with a vaulted wood ceiling. It's a perfect place to enjoy the lakeview and the gorgeous sunsets. New shingles on home in 2018 with all new rain gutters with leaf guards. In 2019 a major project! Not just a garage, but a 24' x 48' shouse. Insulated, sheetrocked with 2 bedrooms and a 3/4 bath. They have used the remaining finished area as a family room/game room/kitchenette and there is still room for a vehicle or two. When the garage door is up there is a custom pull down screen door that keeps the bugs out! At the top of it all is a 10' x 48' loft that can be used as a family room, office space or additional sleeping space. A fish house was converted into a Tiki Bar. This fun addition is a family favorite for enjoying a cold beverage or just chilling out. East Lost Lake connects to Deer Lake and also the Otter Tail River so you can enjoy lots of water/lake time. This is a move-in ready, unique lake place.
Directions
From Battle Lake take Hwy #83 west out of town. Follow to Cty Hwy #1. Turn left on Cty Hwy #1. Follow to 340th. Left on 340th to 27431.

Accessible

None
Yes

Air Conditioning

Ductless
Yes
Window Unit(s)
Yes

Amenities Unit

Dock
Yes
Patio
Yes
Washer/Dryer Hookup
Yes

Appliances

Range
Yes
Refrigerator
Yes

Bath Description

Main Floor 3/4 Bath
Yes

Construction Materials

Frame
Yes

Construction Status

Previously Owned
Yes

Dining Room Description

Breakfast Bar
Yes

Electric

Circuit Breakers
Yes

Elevation Highpoint to Waterfront Slope

Level
Yes

Exterior

Cedar
Yes
Cement Board
Yes

Foundation

Slab
Yes

Fuel

Electric
Yes

Heating

Baseboard
Yes
Space Heater
Yes

Insurance Fee

Insurance Fee
0

Laundry

Main Level
Yes

Lot Description

Accessible Shoreline
Yes
Tree Coverage - Light
Yes

Outbuildings

Other
Yes

Patio, Porch and Deck Features

Covered
Yes

Pool Description

None
Yes

Property Subtype

Shouse (Shop + House)
Yes

Road Frontage

No Outlet/Dead End
Yes
Unpaved Streets
Yes

Road Responsibility

Public Maintained Road
Yes

Roof

Asphalt Shingles
Yes

Sellers Terms

Cash
Yes
Conventional
Yes

Sewer

Septic System Compliant - Yes
Yes
Tank with Drainage Field
Yes

Stories

Two
Yes

Water

Drilled
Yes

Waterfront View

West
Yes

Room Information

Room Name Level
Amusement Room Main
First (1st) Bedroom Main
Fourth (4th) Bedroom Main
Kitchen Main
Living Room Main
Patio Main
Second (2nd) Bedroom Main
Third (3rd) Bedroom Main

Documents

IDX
Listing Office: Trilogy Real Estate
Last Updated: June - 04 - 2026
The data relating to real estate for sale on this web site comes in part from the Broker Reciprocity SM Program of the Regional Multiple Listing Service of Minnesota, Inc. The information provided is deemed reliable but not guaranteed. Properties subject to prior sale, change or withdrawal. ©2024 Regional Multiple Listing Service of Minnesota, Inc All rights reserved.
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