Date
Details
Price
Change
Source
5/08/2026
Listed
$565,000
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
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1/55
$565,000 Just Listed
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Property 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 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.
Full Property Details
Full Property Details for 27431 340th Ave
General
- Price: $565,000
- Taxes: $1,775 (2026)
- Status: Active
- Type: Single Family
- Source: NorthStarMLS_RMLS
- MLS ID: 7070295
- Updated: 5/9/2026
- Added to Site: 2 day(s) ago
Interior
- Appliances: Electric Water Heater, Range, Refrigerator, Water Softener Rented
Rooms
Bathrooms
- Total Bathrooms: 2
- 3/4 Bathrooms: 2
Bedrooms
- Total Bedrooms: 4
Other Rooms
- Dining Room: Breakfast Bar
- Formal Dining Room: Breakfast Bar
- Laundry: Main Level, Main Level
Additional Information
- Amenities: Dock, Patio, Washer/Dryer Hookup
Exterior
- Porch/Patio/Deck: Covered
Parking
- Garage: Yes
- Garage Description: 24 x 24
- Garage Spaces: 2
- Parking Features: Gravel, Floor Drain, Finished Garage, Garage Door Opener, Heated Garage
Location
- County: Otter Tail
- Township: Sverdrup Twp
- Driving 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.
School Information
- School District: 550 - Underwood
- High School District: Underwood
Heating & Cooling
- Cooling Type: Ductless Mini-Split, Window Unit(s)
- Heating Type: Baseboard, Space Heater
- Heating Fuel: Electric
Utilities
- Sewer: Septic System Compliant - Yes, Tank with Drainage Field
- Water: Drilled
Structural Information
- Exterior Const.: Frame
- Foundation Size: 1376
- Roof: Asphalt
- Disability Access: None
- Square Feet: 1,856
- Above Ground: 1,856 Sq. Ft.
- Finished Down/Base.: 1,856 Sq. Ft.
- Year Built: 1935
Additional Structures
- Other Structures: Other, Storage Shed
Lot Features
- Lot Size (Acres): 0.52
- Lot Dimensions: 50 x 400
- Frontage: No Outlet/Dead End, Unpaved Streets
- Zoning: Residential-Single Family
- Lot Description: Accessible Shoreline, Light Tree Coverage
Water Features
- Water Front Desc.: Lakefront
- Water Front Feet: 50
- Water Front Elev.: 0-4
- Lake Front: Yes
- Lake Bottom: Hard, Sand
Financial Considerations
- Tax Amount: $1,775
- Tax Year: 2026
- Terms: Conventional, Cash
Disclosures and Reports
- 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
- Property ID: 57000010007003
Listed by Trilogy Real Estate
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Schools
Schools serving 27431 340th Ave
School District:Underwood Public School District
| Name | Grades | Distance |
|---|---|---|
Underwood Elementary School 100 Southern Avenue East, Underwood, MN 56586 | PK-6 | 7 mi |
Underwood Secondary 100 Southern Avenue East, Underwood, MN 56586 | 5-12 | 7 mi |
Disclaimer:
School attendance boundaries provided by ATTOM Data Solutions and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 27431 340th Ave
Tax History
Tax History for 27431 340th Ave
Year
Property Taxes
Change
Tax Assessment
Change
2025
$1,684
10%
$261,800
16%
2023
$1,528
—
$226,400
28%
2023
$1,528
-4%
$176,800
48%
2022
$1,598
34%
$119,100
-2%
2020
$1,196
1%
$121,700
6%
2019
$1,180
4%
$115,100
6%
2018
$1,140
-2%
$108,100
-3%
2017
$1,168
1%
$111,400
2%
2016
$1,162
8%
$109,000
1%
2015
$1,078
4%
$107,700
5%
2014
$1,034
—
$102,700
—
Disclaimer: Historical tax information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Estimate the Cost
Estimate the Cost for 27431 340th Ave
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Listed by RE/MAX Advantage Plus
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Listed and Sold by Lakes Family Real Estate/Otter Tail Real Estate
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Sold by Weichert, Realtors - Paulson Land Co
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Listed by Realty Executives Alex Home Sales
Sold by Keller Williams Realty Professionals
Sold by Keller Williams Realty Professionals
27431 340th Avenue, Underwood, MN 56586 (MLS# 7070295) is a Single Family property with 4 bedrooms, 0 full bathrooms and 2 partial bathrooms. 27431 340th Avenue is currently listed for $565,000 and was received on May 08, 2026. Want to learn more about 27431 340th Avenue? Do you have questions about finding other Single Family real estate for sale in Underwood? You can browse all Underwood real estate or contact a Coldwell Banker agent to request more information.