29388 Lazy Loop
Underwood, MN 56586
- 3 Beds
- 1 Bath
- 1,626 sqft (on 4.62 acres)
3 Beds
1 Bath
1,626 sqft
(on 4.62 acres)
Home Value
Trulia Estimate
$81.2KSince last month
$0 (0%)Since last year
Decreased$193K (-70.4%)Since last sale
Increased$1K (+1.5%)Learn more about this home's value by checking out its Trulia Estimate, the value of nearby homes, and how much similar homes have sold for.
Trulia Estimate
The of this home's value decreased by -55% in the last 10 years
| Month | Estimated value |
|---|---|
2026 | |
| August 2026 | $81K |
| July 2026 | $81K |
| June 2026 | $81K |
| May 2026 | $81K |
| April 2026 | $81K |
| March 2026 | $82K |
| February 2026 | $81K |
| January 2026 | $81K |
2025 | |
2024 | |
2023 | |
2022 | |
2021 | |
2020 | |
2019 | |
2018 | |
2017 | |
2016 | |
Comparable sales
These are recently sold homes that have a similar location or other similar features to this home, like bedrooms, bathrooms, and square footage. Get a sense of the expected prices in the area by viewing these homes.Address | Distance | Property Type | Sold Price | Sold Date | Bed | Bath | Sqft |
|---|---|---|---|---|---|---|---|
1.37 | Single-Family Home | $230,000 | 06/26/26 | 3 | 1.5 | 2,258 | |
2.27 | Single-Family Home | $385,000 | 01/02/26 | 2 | 2 | 1,112 | |
2.89 | Single-Family Home | $295,000 | 06/11/26 | 4 | 2 | 2,370 | |
2.28 | Single-Family Home | $762,500 | 12/30/25 | 4 | 3.5 | 5,464 | |
3.33 | Single-Family Home | $160,000 | 12/15/25 | 2 | 2 | 1,352 | |
3.31 | Single-Family Home | $418,500 | 08/03/26 | 3 | 2 | 1,560 | |
3.68 | Single-Family Home | $240,000 | 10/20/25 | 3 | 1.5 | 2,100 | |
3.23 | Single-Family Home | $792,900 | 07/28/26 | 3 | 2.5 | 2,080 | |
3.52 | Single-Family Home | $345,000 | 08/04/26 | 2 | 2 | 1,354 |
Nearby home prices
Get a sense of expected prices in the area by checking the value of nearby homes.Address | Distance | Price | Bed | Bath | Sqft | Status |
|---|---|---|---|---|---|---|
0.15 | $269,100 | 3 | 2 | 1,804 | Off Market | |
0.16 | $179,000 | - | - | - | For Sale | |
0.19 | $702,000 | 4 | 3 | 4,464 | Off Market | |
0.24 | $149,900 | - | - | - | For Sale | |
0.34 | $441,600 | 4 | 3 | - | Off Market | |
0.37 | - | - | - | - | Off Market | |
0.37 | - | - | - | - | Off Market | |
0.37 | - | - | - | - | Off Market | |
0.70 | - | - | - | - | Off Market | |
0.76 | $128,700 | 3 | 1 | 742 | Off Market | |
0.89 | $246,200 | 4 | 2 | 2,280 | Off Market |
Local Information
-- mins to
Home Highlights
Property Type
Single-Family Home
Year Built
1950
Lot Size
4.62 acres
Living Area
1,626 sqft
Price/Sqft
$50
HOA
None
About this House
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.
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.
29388 Lazy Loop, Underwood, MN 56586 is a 3 bedroom, 1 bathroom, 1,626 sqft single-family home built in 1950. It last sold for $80,000 on Sep 22, 2025 (20% below the $99,900 asking price). It is currently off market. The Trulia Estimate is $81,200, with a rent estimate of $1,613/month.
Last check for updates: 36 minutes ago
Listed by Gregory W Lawrence, (612) 716-9473
HomeAvenue Inc
Bought with: Trisha Satter, (218) 298-4416, Coldwell Banker Preferred Partners
Source: NorthstarMLS as distributed by MLS GRID, MLS#6767967

Home Details for 29388 Lazy Loop
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MLS Status: Closed |
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Interior Details Basement: Block |
Beds & Baths Number of Bedrooms: 3Number of Bathrooms: 1Number of Bathrooms (full): 1 |
Dimensions and Layout Living Area: 1626 Square FeetFoundation Area: 1626 |
Heating & Cooling Heating: Forced AirNo CoolingAir Conditioning: NoneHas HeatingHeating Fuel: Forced Air |
Fireplace & Spa Number of Fireplaces: 1Has a Fireplace |
Gas & Electric Gas: Other |
Levels, Entrance, & Accessibility Stories: 1Levels: OneAccessibility: None |
View No View |
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Parking & Garage No CarportNo GarageNo Attached GarageParking: Gravel |
Frontage WaterfrontWaterfront: River FrontOn Waterfront |
Water & Sewer Sewer: Tank with Drainage Field |
Finished Area Finished Area (above surface): 1626 Square Feet |
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Cumulative Days on Market: 39 |
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Year Built Year Built: 1950 |
Property Type / Style Property Type: ResidentialProperty Subtype: Single Family Residence |
Building Not a New ConstructionNot Attached PropertyNo Additional Parcels |
Property Information Parcel Number: 38000290225000 |
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Price List Price: $99,900 |
Status Change & Dates Off Market Date: Mon Sep 15 2025 |
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Direction & Address City: Underwood |
School Information High School District: Underwood |
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Building Area Building Area: 1626 Square Feet |
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No HOA |
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Lot Area: 4.62 Acres |
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Contingencies: None |
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BasementMls Number: 6767967Above Grade Unfinished Area: 1626 |
Price and Tax history
| Date | Event | Price |
|---|---|---|
Sep 22, 2025 Source: NorthstarMLS as distributed by MLS GRID #6767967 | Sold | $80,000 |
Sep 19, 2025 Source: NorthstarMLS as distributed by MLS GRID #6767967 | Pending | $99,900 |
Sep 15, 2025 Source: NorthstarMLS as distributed by MLS GRID #6767967 | ListingRemoved | $99,900 |
Aug 7, 2025 Source: NorthstarMLS as distributed by MLS GRID #6767967 | Listed For Sale | $99,900 |
| Year | Property tax | Tax assessment |
|---|---|---|
| 2025 | $1,917 | $296,600 |
Home facts updated by county records
Market trends in Underwood
Last updated July 2026
Avg. sale price
—
Sale-to-List Price
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Price per sq ft
—
Available listings
9
3MoM
Around this home
What Locals Say about Underwood
At least 1 Trulia users voted on each feature.
100 % Say people would walk alone at night
100 % Say there are community events
100 % Say there are sidewalks
100 % Say there's holiday spirit
100 % Say yards are well-kept
100 % Say it's dog friendly
100 % Say there's wildlife
100 % Say it's walkable to grocery stores
100 % Say kids play outside
100 % Say parking is easy
100 % Say car is needed
80 % Say they plan to stay for at least 5 years
71 % Say neighbors are friendly
67 % Say it's quiet
60 % Say it's walkable to restaurants
Sourced by Trulia users. Learn more about our methodology.
LGBTQ Local Legal Protections
LGBTQ Local Legal Protections

Based on information submitted to the MLS GRID as of 2026-08-22 10:58:13 PDT. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. Some IDX listings have been excluded from this website. Click here for more information
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Frequently asked questions about 29388 Lazy Loop
- What is 29388 Lazy Loop estimated to be worth?Trulia's estimated value for 29388 Lazy Loop in Underwood, MN is $81,200.
- What is the price history for 29388 Lazy Loop?29388 Lazy Loop in Underwood, MN last sold for $80,000 in September 2025.
- Is Underwood a buyer's or seller's market?Underwood is currently a buyer's market, based on recent for-sale activity.
- What are the closest schools to 29388 Lazy Loop?The closest schools to 29388 Lazy Loop in Underwood, MN are Underwood Elementary School (Pre-K, rated 7/10), Underwood Secondary (Elementary/Middle/High, rated 8/10).
- How big is the lot at 29388 Lazy Loop?The lot at 29388 Lazy Loop in Underwood, MN is about 4.6 acres.
- Does 29388 Lazy Loop have parking?Yes, 29388 Lazy Loop in Underwood, MN has on-site parking.