275 Lake Street E, 302, Wayzata, MN 55391

$3,590,000
Property Type: Residential Bedrooms: 2 Baths: 3 Square Footage: 3,125 Lot Size (sq. ft.): 31,799 Status: Closed
Current Price: $3,590,000 List Date: 7/24/2024 Last Modified: 9/24/2025

Overview

Description

Experience the epitome of sophisticated urban living from the top floor! Welcome to 275 Lake Street, unit 302, where over 3125 finished square feet overlook breathtaking views of Lake Minnetonka. Floor to ceiling windows flood the space with natural light, enhancing the grandeur of the generous room sizes. Centered around a love for cooking and entertaining, this gourmet kitchen will surely impress- Rift White Oak cabinetry with walnut accents, Thermador appliances, quartzite countertops, walk in pantry and coffee bar- All the details that make entertaining easy and fun! The Open Concept Great Room boasts a custom designed gas fireplace that is flanked by floating cabinets. Floor to ceiling windows will draw your attention to the tranquility of Lake Minnetonka and the expansive 58 x 11 balcony, blending indoor and outdoor living. Step through the four-panel accordion door with phantom screens and bask in the warmth of the patio heater, creating an inviting and versatile space for all seasons. The accessory rooms are just as exceptional! A cozy den is adjacent to the custom wet bar equipped with sink and Subzero refrigeration. The Primary Bedroom faces South and has sweeping sunlit views throughout the day. The Spa-like Primary Bath has a gorgeous walnut vanity with walk in shower & separate stool room. The Guest Bedroom has an equally beautifully appointed bath. Ample storage, large laundry, Sono’s surround sound, remote shades, full house water purification system, 2 heated parking stalls and the comfort of knowing you’re in a secure 18 unit building in the heart of Wayzata – The Ultimate in comfort and convenience.

Listing Details MLS# 6572313

General Property Information

Assoc Mgmt Co. Phone #
952-922-2004
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
3125
Above Grd Total SqFt
3125
Total SqFt
3125
Total Finished Sqft
3125.00
FireplaceYN
Yes
Lake/Waterfront Name
Minnetonka
Style
(CC) Low Rise (3- Levels)
Foundation Size
3125
Power Company
Xcel Energy
Association Fee
1208
Garage Stalls
2
Acres
0.73
Lot Dimensions
No
Bath Quarter
0
Below Grd Total SqFt
0

Property Features

Accessible: No Stairs Internal Air Conditioning: Central Air Amenities Unit: Balcony; Ceiling Fan(s); City View; Hardwood Floors; Indoor Sprinklers; Kitchen Center Island; Main Floor Primary Bedroom; Natural Woodwork; Walk-In Closet; Washer/Dryer Hookup; Wet Bar Appliances: Chandelier; Cooktop; Dishwasher; Disposal; Double Oven; Dryer; Freezer; Microwave; Refrigerator; Washer; Water Filtration System; Water Osmosis System Association Fee Includes: Building Exterior; Controlled Access; Hazard Insurance; Lawn Care; Outside Maintenance; Professional Mgmt; Sanitation; Snow Removal Assumable Loan: Not Assumable Basement: None Bath Description: Main Floor 1/2 Bath; Main Floor Full Bath; 3/4 Primary; Full Primary; Private Primary; Two Primary Baths; Bathroom Ensuite; Walk-In Shower Stall Construction Materials: Concrete; Frame Construction Status: Previously Owned Dining Room Description: Breakfast Area; Breakfast Bar; Eat In Kitchen; Kitchen/Dining Room; Living/Dining Room Exterior: Brick/Stone; Cement Board; Engineered Wood Family Room Characteristics: Great Room Financing Terms: Cash Fireplace Characteristics: Gas Burning; Living Room Foundation: None Fuel: Natural Gas Heating: Forced Air Laundry: Laundry Room Lock Box Type: Combo Parking Characteristics: Finished Garage; Assigned; Garage Door Opener; Heated Garage; Insulated Garage; Secured Road Frontage: City Street; Curbs; Paved Streets; Sidewalks; Street Lights Road Responsibility: Public Maintained Road Roof: Age 8 Years or Less Sellers Terms: Cash; Conventional; VA Sewer: City Sewer/Connected Special Search: All Living Facilities on One Level Stories: One Water: City Water/Connected Waterfront View: Bay

Contract Information

Off Market Date
2024-07-25
Contingency
None
Closed Date
2024-09-23
Original List Price
3590000
Sales Close Price
3590000
ListPrice
3590000
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
302
Postal City
Wayzata
County
Hennepin
State
MN
Zip Code
55391
Complex/Dev/Subdivision
Cic 2086 Wayzata Blu Condo

Assessments

Tax With Assessments
40123.34
Assessment Balance
0

Basement

Foundation Dimensions
3125
None
Yes

More Information

Building Information

Finished SqFt Above Ground
3125

Lake Details

Lake Acres
14205
Lake Depth
113

Lease Details

Land Leased
Not Applicable

Miscellaneous Information

Homestead
No

Ownership

Fractional Ownership
No

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 302
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
302
Zip Plus 4
5008
Property ID Number
0611722320048
Tax Year
2024
Tax Amount
40123.34
In Foreclosure?
No
Potential Short Sale?
No
Lender Owned?
No

Directions & Remarks

Public Remarks
Experience the epitome of sophisticated urban living from the top floor! Welcome to 275 Lake Street, unit 302, where over 3125 finished square feet overlook breathtaking views of Lake Minnetonka. Floor to ceiling windows flood the space with natural light, enhancing the grandeur of the generous room sizes. Centered around a love for cooking and entertaining, this gourmet kitchen will surely impress- Rift White Oak cabinetry with walnut accents, Thermador appliances, quartzite countertops, walk in pantry and coffee bar- All the details that make entertaining easy and fun! The Open Concept Great Room boasts a custom designed gas fireplace that is flanked by floating cabinets. Floor to ceiling windows will draw your attention to the tranquility of Lake Minnetonka and the expansive 58 x 11 balcony, blending indoor and outdoor living. Step through the four-panel accordion door with phantom screens and bask in the warmth of the patio heater, creating an inviting and versatile space for all seasons. The accessory rooms are just as exceptional! A cozy den is adjacent to the custom wet bar equipped with sink and Subzero refrigeration. The Primary Bedroom faces South and has sweeping sunlit views throughout the day. The Spa-like Primary Bath has a gorgeous walnut vanity with walk in shower & separate stool room. The Guest Bedroom has an equally beautifully appointed bath. Ample storage, large laundry, Sono’s surround sound, remote shades, full house water purification system, 2 heated parking stalls and the comfort of knowing you’re in a secure 18 unit building in the heart of Wayzata – The Ultimate in comfort and convenience.
Directions
Take 394 W, 101 S, west on Wayzata Boulevard to Superior, west on Lake Street.

Accessible

No Stairs Internal
Yes

Air Conditioning

Central Air
Yes

Amenities Unit

Balcony
Yes
Ceiling Fan(s)
Yes
City View
Yes
Hardwood Floors
Yes
Indoor Sprinklers
Yes
Kitchen Center Island
Yes
Main Floor Primary Bedroom
Yes
Natural Woodwork
Yes
Walk-In Closet
Yes
Washer/Dryer Hookup
Yes
Wet Bar
Yes

Appliances

Chandelier
Yes
Cooktop
Yes
Dishwasher
Yes
Disposal
Yes
Double Oven
Yes
Dryer
Yes
Freezer
Yes
Microwave
Yes
Refrigerator
Yes
Washer
Yes
Water Filtration System
Yes
Water Osmosis System
Yes

Association Fee Includes

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

Assumable Loan

Not Assumable
Yes

Bath Description

Main Floor 1/2 Bath
Yes
Main Floor Full Bath
Yes
3/4 Primary
Yes
Full Primary
Yes
Private Primary
Yes
Two Primary Baths
Yes
Bathroom Ensuite
Yes
Walk-In Shower Stall
Yes

Construction Materials

Concrete
Yes
Frame
Yes

Construction Status

Previously Owned
Yes

Dining Room Description

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

Exterior

Brick/Stone
Yes
Cement Board
Yes
Engineered Wood
Yes

Family Room Characteristics

Great Room
Yes

Financing Terms

Cash
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

Laundry Room
Yes

Lock Box Type

Combo
Yes

Parking Characteristics

Finished Garage
Yes
Assigned
Yes
Garage Door Opener
Yes
Heated Garage
Yes
Insulated Garage
Yes
Secured
Yes

Restriction/Covenants

Easements
Yes
Mandatory Owners Assoc
Yes
Pets - Cats Allowed
Yes
Pets - Dogs Allowed
Yes
Pets - Weight/Height Limit
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

Sellers Terms

Cash
Yes
Conventional
Yes
VA
Yes

Sewer

City Sewer/Connected
Yes

Special Search

All Living Facilities on One Level
Yes

Stories

One
Yes

Water

City Water/Connected
Yes

Waterfront View

Bay
Yes

Room Information

Second (2nd) Bedroom Dimensions: 16X12 Level: Main Kitchen Dimensions: 17X14 Level: Main First (1st) Bedroom Dimensions: 17X25 Level: Main Living Room Dimensions: 46X18 Level: Main Dining Room Dimensions: 19X12 Level: Main
Listing Office: Compass
IDX
Last Updated: September - 24 - 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.