Calling all investors, builders, and dreamers!
This rare riverfront property offers a once-in-a-lifetime opportunity to own a piece of paradise right on the water. Nestled on a generous lot along the Ottertail River, this home is ready for your vision. The existing structure is in need of significant repair or possibly a full renovation. Whether you're looking to restore its former charm or start fresh with a new build, the bones and location are here.
Active
$99,900
29388 Lazy Loop, Underwood, MN 56586
3beds
3,252sqft
Est.:
Single Family Residence
Built in 1950
4.62 Acres Lot
$274,500 Zestimate®
$31/sqft
$-- HOA
What's special
Riverfront propertyExisting structureGenerous lot
- 12 hours
- on Zillow |
- 433 |
- 22 |
Zillow last checked: 7 hours ago
Listing updated: 8 hours ago
Listed by:
Gregory W Lawrence 612-924-3381,
HomeAvenue Inc
Source: NorthstarMLS as distributed by MLS GRID,MLS#: 6767967

Travel times
Tour with a buyer's agent
Tour with a buyer's agent
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 3
- Bathrooms: 1
- Full bathrooms: 1
Heating
- Forced Air
Cooling
- None
Features
- Basement: Block
- Number of fireplaces: 1
Interior area
- Total structure area: 3,252
- Total interior livable area: 3,252 sqft
- Finished area above ground: 1,626
- Finished area below ground: 0
Property
Parking
- Parking features: Gravel
Accessibility
- Accessibility features: None
Features
- Levels: One
- Stories: 1
- Waterfront features: River Front, Waterfront Num(999999999)
- Body of water: Unnamed Lake
Lot
- Size: 4.62 Acres
- Dimensions: 486 x 712 x 520 x 98
Details
- Foundation area: 1626
- Parcel number: 38000290225000
- Zoning description: Residential-Single Family
Construction
Type & style
- Home type: SingleFamily
- Property subtype: Single Family Residence
Materials
- Engineered Wood
Condition
- Age of Property: 75
- New construction: No
- Year built: 1950
Utilities & green energy
- Gas: Other
- Sewer: Tank with Drainage Field
- Water: Well
Community & HOA
HOA
- Has HOA: No
Location
- Region: Underwood
Financial & listing details
- Price per square foot: $31/sqft
- Tax assessed value: $281,200
- Annual tax amount: $1,770
- Date on market: 8/7/2025
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