Waterfront - Primary on Main
Address
875 Lake Street N # 401, Wayzata, MN
Price
$ 2,975,000
Property Attributes
  • ID#7138371
  • TypeSingle Family
  • Listing Status Active
  • CountyHENNEPIN
  • CityWayzata
  • AreaCic 1991 Regetta Wayzata Bay Resid
  • NeighborhoodCic 1991 Regetta Wayzata Bay Resid
  • Zip55391
  • Style(CC) High Rise (4+ Levels)
  • Year Built2015
  • Taxes$ 34971
  • Price$ 2,975,000
  • Bedrooms3
  • Full Bathrooms2
  • Half Bathrooms2
  • Sqr Footage2836
  • Lot Size1.63 Acres
Data Source:
Northstar MLS (NSTAR)
Property Description

Welcome to this impressive two-story condo at Regatta Unit 401, one of the few two-story residences in the building. Ideally located in a highly sought-after community near the award-winning shops and dining of downtown Wayzata and the shores of Lake Minnetonka. This exceptional corner unit offers spacious living, beautiful natural light, and outstanding indoor and outdoor entertaining spaces. Step inside and be greeted by an inviting open floor plan. The chef's kitchen features stainless steel appliances, a large center island with barstool seating, and abundant cabinet and counter space. Just beyond, the dining area opens to the first of several west-facing balconies, creating a seamless connection to the outdoors. The spacious living room is filled with natural light and features elegant coffered ceilings, a gas fireplace, and plenty of room for comfortable seating and entertaining. The luxurious primary suite offers private access to a second west-facing balcony and a spa-like ensuite bathroom complete with dual sinks, a separate soaking tub, a walk-in shower, and an impressive walk-in closet. A second bedroom on the main level also provides balcony access and has a three-quarter bathroom. The upper level offers exceptional flexibility and could serve as a third bedroom, family room, or additional entertaining space. Complete with a second gas fireplace and another bathroom, this level opens to an extraordinary 47'x18' private balcony with sweeping west and north facing views. The main level also includes a dedicated office that could serve as an additional bedroom, along with a spacious laundry room featuring a sink and abundant storage. Residents of Regatta enjoy access to exceptional amenities, including an exercise room and two club rooms, all while being just moments from the vibrant shops, acclaimed dining, scenic trails, and waterfront lifestyle of downtown Wayzata and Lake Minnetonka.

Price History
9/4/2026 Listed $2,975,000

General Features

Living Area 2836
Sewer City Sewer/Connected
Heating Forced Air,Fireplace(s)
Cooling Central Air
Roof Age Over 8 Years
Appliances Cooktop,Dishwasher,Double Oven,Dryer,Exhaust Fan,Microwave,Range,Refrigerator,Stainless Steel Appliances,Wall Oven,Washer
HOA Fee 2047
Garage Spaces 3
Association Fee Includes Cable TV,Gas,Internet,Lawn Care,Maintenance Grounds,Parking,Professional Mgmt,Sanitation,Sewer,Shared Amenities,Snow Removal,Water
Year Built 2015
Levels Two
Unit Number 401
Property Subtype (CC) High Rise (4+ Levels)
Tax Year 2026
Accessibility Accessible Elevator Installed
Assoc Fee Paid Per Monthly
County Hennepin
New Construction No
Property Type Residential
Association Amenities Elevator(s),Lobby Entrance,Other
HOA Yes
Contingency None
Subdivision Name Cic 1991 Regetta Wayzata Bay Resid
Full Baths 1
Directions Wayzata Boulevard,south on Superior,east on Lake Street to Regatta
City Wayzata
Association Name First Service Residential
High School District Wayzata
Zoning Description Residential-Single Family
Lot Size Units Acres
Property Attached Y/N Yes
Land Lease Y/N No
Tax Annual Amount 34971
Additional Parcels Y/N No
Virtual Tour https://tours.spacecrafting.com/n-76772p
Standard Status Active
Lender Owned No
Amenities Unit Balcony,French Doors,Hardwood Floors,Indoor Sprinklers,Kitchen Center Island,Kitchen Window,Primary Bedroom Walk-In Closet,Main Floor Primary Bedroom,Other,Panoramic View,Tile Floors,Wet Bar,Walk-In
PostalCity Wayzata

Interior Features

Basement None
Total Fireplaces 2
Fireplace Features Family Room,Gas,Living Room
Basement (Y/N) No
Fireplace Y/N Yes
Above Grade Finished Area 2836
Half Baths 2
3/4 Baths 1
Laundry Features Laundry Room,Main Level,Sink
Total Bedrooms 3
Total Baths 4
Bath Desc Double Sink,Bathroom Ensuite,Full Primary,Private Primary,Main Floor 1/2 Bath,Main Floor 3/4 Bath,Main Floor Full Bath,Separate Tub & Shower,Upper Level 1/2 Bath,Walk-In Shower Stall,Walk Thru
Dining Room Description Eat In Kitchen,Informal Dining Room,Kitchen/Dining Room,Living/Dining Room
Fuel Natural Gas

Exterior Features

Parking Features Assigned,Attached Garage,Heated Garage,Parking Garage,Secured,Storage,Underground
Water Source City Water/Connected
Lot Size Area 1.63
Building Area Total 2871
Lot Dimensions Common
Waterfront Y/N No
Foundation Area 2314
Road Frontage Type City Street,Curbs,Paved Streets,Sidewalks
Road Responsibility Public Maintained Road

Amenities

  • Foreclosure
  • Views
  • Short Sale
  • New Construction
  • Adult 55+
  • Lease To Own
  • No HOA Fees
  • Furnished
  • Primary On Main
  • Air Conditioning
  • Seller Finance
  • Green
  • Fixer Upper
  • Horse
  • Golf
  • Fireplace
  • Deck
  • Garage
  • Basement
  • Pool

Property vs Single Family Average in 55391

Price
AVG $3.7M
$2.98M
Taxes
AVG $26,950
$34,971
Year Built
AVG 1996
2015
Visits
AVG 178
3
Data Provided by Inside Real Estate®

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