Deerwood's famous leaping deer, located in Elmer Park, greets visitors to the hometown of Cuyler Adams. Adams and his faithful dog "Una" were the founders of the Cuyuna Iron Range. The deer also marks the former site of the Deerwood railroad depot. To commemorate Deerwood's historic role as a rail transportation hub on the Cuyuna Range, future plans are for the construction of a half-size replica of the depot for use as a picnic shelter for visitors and residents alike.

Deerwood is the oldest community on the Cuyuna Range. Located between Lakes Reno and Serpent, it is located on the main line of the Northern Pacific Railroad. Stock and berry raising were some of the most important industries. Deerwood was designated a Minnesota Star City in 1990.

Be sure to look for this year's early August date for the Deerwood Summerfest. This is an annual event featuring a craft fair, bake sale, street dance, beer garden, bingo, corn feed and sidewalk exhibits.