275 Lake Street E, 301, Wayzata, MN 55391

$3,850,000
Property Type: Residential Bedrooms: 2 Baths: 3 Square Footage: 3,391 Lot Size (sq. ft.): 31,799 Status: Closed
Current Price: $3,850,000 List Date: 4/11/2025 Last Modified: 8/08/2025

Overview

Description

Experience luxury lakeside living in this exquisite top-floor corner unit at Wayzata Blu, an exclusive 18-residence boutique building in downtown Wayzata. Designed by MartinPatrick3, this stunning home offers breathtaking Lake Minnetonka views and a 586 SF private terrace, perfect for entertaining or relaxing. Soaring ceilings and floor-to-ceiling windows flood the space with natural light. A four-panel accordion door with phantom screens seamlessly connects indoor and outdoor living. The gourmet kitchen showcases custom cabinetry, Thermador appliances, quartz countertops, a waterfall island, walk-in pantry, and bar area. An impressive great room fireplace with a mantel is framed by a quartz surround, floating shelves, and under-cabinet lighting. The owner's suite offers spectacular lake views, terrace access, and a spa-inspired bath with a jetted soaking tub, walk-in shower, double vanity, make-up area, and dual walk-in closets. The bath also features a window with lake views. The guest bedroom includes a ¾ bath and large closet. The office/den, featuring built-in cabinetry, a wood ladder, window bench, and barn door, can easily convert to a third bedroom. Both rooms offer expansive windows. White oak hardwood flooring and high-end lighting elevate the home's elegance. Additional highlights include an oversized laundry room with custom built-in storage, a sophisticated powder room, and a spacious foyer with a locker system and ample storage. A generous storage room doubles as a private workout space. The Elan home management system provides seamless control of climate, media, lighting, shades, and security. This secured, high-quality building features concrete construction and metal stud framing for durability and soundproofing. Two main-level heated parking spots including built-in storage. Just steps from Lake Minnetonka, enjoy walkable access to upscale dining, boutique shopping, and entertainment. Urban convenience meets serene lakeside living without the maintenance.

Listing Details MLS# 6698773

General Property Information

Assoc Mgmt Co. Phone #
952-922-5575
Association Fee Frequency
Monthly
Association Mgmt Co. Name
Gassen
Common Wall
Yes
Lot Measurement
Acres
Manufactured Home?
No
Multiple PIDs?
No
New Development
No
Number of Fireplaces
Yes
Year Built
2019
Yearly/Seasonal
Yearly
Zoning
Residential-Single Family
Bath Full
Yes
Bath Three Quarters
Yes
Bath Half
Yes
Main Floor Total SqFt
3391
Above Grd Total SqFt
3391
Total SqFt
3391
Total Finished Sqft
3200.00
FireplaceYN
Yes
Lake/Waterfront Name
Minnetonka
Style
(CC) Low Rise (3- Levels)
Foundation Size
3391
Association Fee
1269.44
Garage Stalls
2
Acres
0.73
Lot Dimensions
No
Bath Quarter
0
Below Grd Total SqFt
0

Property Features

Accessible: Accessible Elevator Installed Air Conditioning: Central Air Amenities Shared: Concrete Floors & Walls; Elevator(s); Fire Sprinkler System; Lobby; Security Building; Security Lights; Other Amenities Unit: Balcony; Hardwood Floors; Indoor Sprinklers; Kitchen Center Island; Main Floor Primary Bedroom; Natural Woodwork; Panoramic View; Patio; Primary Bedroom Walk-In Closet; Tile Floors; Walk-In Closet; Washer/Dryer Hookup; Wet Bar Appliances: Cooktop; Dishwasher; Disposal; Double Oven; Dryer; Microwave; Refrigerator; Washer; Water Filtration System; Wine Cooler Association Fee Includes: Building Exterior; Controlled Access; Hazard Insurance; Lawn Care; Outside Maintenance; Parking Space; Professional Mgmt; Sanitation; Shared Amenities; Snow Removal Basement: None Bath Description: Double Sink; His and Her Closets; Main Floor 1/2 Bath; Main Floor 3/4 Bath; Main Floor Full Bath; Full Primary; Private Primary; Jetted Tub; Separate Tub & Shower Construction Status: Previously Owned Dining Room Description: Breakfast Area; Eat In Kitchen; Informal Dining Room; Living/Dining Room Exterior: Brick/Stone; Metal Family Room Characteristics: Great Room; Main Level Financing Terms: Other Fireplace Characteristics: Gas Burning; Living Room Foundation: None Fuel: Natural Gas Heating: Forced Air Laundry: In Unit; Laundry Room; Main Level Parking Characteristics: Assigned; Garage Door Opener; Heated Garage Road Frontage: City Street; Curbs; Paved Streets; Sidewalks; Street Lights Road Responsibility: Public Maintained Road Roof: Age 8 Years or Less; Flat Sellers Terms: Cash; Conventional Sewer: City Sewer/Connected Special Search: All Living Facilities on One Level; Main Floor Bedroom; Main Floor Laundry; Main Floor Primary; Primary Bdr Suite Stories: One Water: City Water/Connected Waterfront View: Lake; Panoramic; South; East; West

Contract Information

Off Market Date
2025-06-14
Contingency
None
Closed Date
2025-06-30
Original List Price
3995000
Sales Close Price
3850000
ListPrice
3995000
Owner is an Agent?
No
Auction?
No

Location Tax and Other Information

House Number
275
Street Name
Lake
Street Suffix
Street
Street Direction Suffix
E
Unit Number
301
Postal City
Wayzata
County
Hennepin
State
MN
Zip Code
55391
Complex/Dev/Subdivision
Wayzata Blu

Assessments

Tax With Assessments
42305
Assessment Balance
0

Building Information

Finished SqFt Above Ground
3200

More Information

Lake Details

Lake Acres
14205
Lake Depth
113

Lease Details

Land Leased
Not Applicable

Miscellaneous Information

Homestead
No

Ownership

Fractional Ownership
No

Parking Characteristics

Garage Stall ID#
#5 and #10
Assigned
Yes
Garage Door Opener
Yes
Heated Garage
Yes

Public Survey Info

Range#
22
Section#
06
Township#
117

Office/Member Info

Association
MAAR

Location, Tax and Other Information

AssocFeeYN
Yes
Legal Description
CIC NO 2086 WAYZATA BLU CONDO UNIT NO 301
Listing City
Wayzata
Map Page
104
Municipality
Wayzata
School District
Wayzata
School District Phone
763-745-5000
DNR Lake ID#
27013300
DNR Lake Classification
General Development
County Abbreviation
301
Property ID Number
0611722320047
Tax Year
2025
Tax Amount
42305
In Foreclosure?
No
Potential Short Sale?
No
Lender Owned?
No

Directions & Remarks

Public Remarks
Experience luxury lakeside living in this exquisite top-floor corner unit at Wayzata Blu, an exclusive 18-residence boutique building in downtown Wayzata. Designed by MartinPatrick3, this stunning home offers breathtaking Lake Minnetonka views and a 586 SF private terrace, perfect for entertaining or relaxing. Soaring ceilings and floor-to-ceiling windows flood the space with natural light. A four-panel accordion door with phantom screens seamlessly connects indoor and outdoor living. The gourmet kitchen showcases custom cabinetry, Thermador appliances, quartz countertops, a waterfall island, walk-in pantry, and bar area. An impressive great room fireplace with a mantel is framed by a quartz surround, floating shelves, and under-cabinet lighting. The owner's suite offers spectacular lake views, terrace access, and a spa-inspired bath with a jetted soaking tub, walk-in shower, double vanity, make-up area, and dual walk-in closets. The bath also features a window with lake views. The guest bedroom includes a ¾ bath and large closet. The office/den, featuring built-in cabinetry, a wood ladder, window bench, and barn door, can easily convert to a third bedroom. Both rooms offer expansive windows. White oak hardwood flooring and high-end lighting elevate the home's elegance. Additional highlights include an oversized laundry room with custom built-in storage, a sophisticated powder room, and a spacious foyer with a locker system and ample storage. A generous storage room doubles as a private workout space. The Elan home management system provides seamless control of climate, media, lighting, shades, and security. This secured, high-quality building features concrete construction and metal stud framing for durability and soundproofing. Two main-level heated parking spots including built-in storage. Just steps from Lake Minnetonka, enjoy walkable access to upscale dining, boutique shopping, and entertainment. Urban convenience meets serene lakeside living without the maintenance.
Directions
Wayzata Blvd to Superior Blvd, west on Lake Street E to building at the corner of Lake Street E and Barry Avenue S

Accessible

Accessible Elevator Installed
Yes

Air Conditioning

Central Air
Yes

Amenities Shared

Concrete Floors & Walls
Yes
Elevator(s)
Yes
Fire Sprinkler System
Yes
Lobby
Yes
Security Building
Yes
Security Lights
Yes
Other
Yes

Amenities Unit

Balcony
Yes
Hardwood Floors
Yes
Indoor Sprinklers
Yes
Kitchen Center Island
Yes
Main Floor Primary Bedroom
Yes
Natural Woodwork
Yes
Panoramic View
Yes
Patio
Yes
Primary Bedroom Walk-In Closet
Yes
Tile Floors
Yes
Walk-In Closet
Yes
Washer/Dryer Hookup
Yes
Wet Bar
Yes

Appliances

Cooktop
Yes
Dishwasher
Yes
Disposal
Yes
Double Oven
Yes
Dryer
Yes
Microwave
Yes
Refrigerator
Yes
Washer
Yes
Water Filtration System
Yes
Wine Cooler
Yes

Association Fee Includes

Building Exterior
Yes
Controlled Access
Yes
Hazard Insurance
Yes
Lawn Care
Yes
Outside Maintenance
Yes
Parking Space
Yes
Professional Mgmt
Yes
Sanitation
Yes
Shared Amenities
Yes
Snow Removal
Yes

Basement

None
Yes

Bath Description

Double Sink
Yes
His and Her Closets
Yes
Main Floor 1/2 Bath
Yes
Main Floor 3/4 Bath
Yes
Main Floor Full Bath
Yes
Full Primary
Yes
Private Primary
Yes
Jetted Tub
Yes
Separate Tub & Shower
Yes

Construction Status

Previously Owned
Yes

Dining Room Description

Breakfast Area
Yes
Eat In Kitchen
Yes
Informal Dining Room
Yes
Living/Dining Room
Yes

Exterior

Brick/Stone
Yes
Metal
Yes

Family Room Characteristics

Great Room
Yes
Main Level
Yes

Financing Terms

Other
Yes

Fireplace Characteristics

Gas Burning
Yes
Living Room
Yes

Foundation

None
Yes

Fuel

Natural Gas
Yes

Heating

Forced Air
Yes

Insurance Fee

Insurance Fee
0

Lake/Waterfront

Lake View
Yes

Laundry

In Unit
Yes
Laundry Room
Yes
Main Level
Yes

Patio, Porch and Deck Features

Terrace
Yes

Restriction/Covenants

Mandatory Owners Assoc
Yes
Pets - Cats Allowed
Yes
Pets - Dogs Allowed
Yes
Rental Restrictions May Apply
Yes

Road Frontage

City Street
Yes
Curbs
Yes
Paved Streets
Yes
Sidewalks
Yes
Street Lights
Yes

Road Responsibility

Public Maintained Road
Yes

Roof

Age 8 Years or Less
Yes
Flat
Yes

Sellers Terms

Cash
Yes
Conventional
Yes

Sewer

City Sewer/Connected
Yes

Special Search

All Living Facilities on One Level
Yes
Main Floor Bedroom
Yes
Main Floor Laundry
Yes
Main Floor Primary
Yes
Primary Bdr Suite
Yes

Stories

One
Yes

Water

City Water/Connected
Yes

Waterfront View

Lake
Yes
Panoramic
Yes
South
Yes
East
Yes
West
Yes

Room Information

Bar/Wet Bar Room Dimensions: 11x6 Level: Main Dining Room Dimensions: 15.5x13 Level: Main Sitting Room Dimensions: 13x9 Level: Main First (1st) Bedroom Dimensions: 18x15 Level: Main Second (2nd) Bedroom Dimensions: 15x13 Level: Main Den Dimensions: 15x13 Level: Main Patio Dimensions: 65x14 Level: Main Living Room Dimensions: 20.5x19.5 Level: Main Kitchen Dimensions: 19x11 Level: Main

Documents

Listing Office: Coldwell Banker Realty
IDX
Last Updated: August - 08 - 2025
The data relating to real estate for sale on this web site comes in part from the Broker Reciprocity SM Program of the Regional Multiple Listing Service of Minnesota, Inc. The information provided is deemed reliable but not guaranteed. Properties subject to prior sale, change or withdrawal. ©2024 Regional Multiple Listing Service of Minnesota, Inc All rights reserved.