875 Lake Street N, 201, Wayzata, MN 55391

$2,200,000
Property Type: Residential Bedrooms: 2 Baths: 3 Square Footage: 2,370 Lot Size (sq. ft.): 71,003 Status: Closed
Current Price: $2,200,000 List Date: 5/10/2023 Last Modified: 8/07/2025

Overview

Description

There is a reoccurring "Wish List" for those that love Wayzata and it goes something like this: We wish we could live in a premier condominium complex in the heart of Wayzata with a large open floor plan and high end appliances. How about it being a corner unit with surround windows, a large pantry, powder room, two bedrooms with ensuite baths and the primary having an extra large walk in closet. Might as well wish for two terrace decks, one just off of the kitchen for outdoor grilling and the other that is 500 square feet and wraps around the entire outside corner of the unit. Add in 2 underground garage spaces, social rooms, one on the roof top with a glimpse of the lake and within walking distance to everywhere... If only a place like that was available....Well here it is. Wishes do come true!

Listing Details MLS# 6363003

General Property Information

Assoc Mgmt Co. Phone #
952-277-2700
Association Fee Frequency
Monthly
Association Mgmt Co. Name
First Residential
Common Wall
Yes
Lot Measurement
Acres
Manufactured Home?
No
Multiple PIDs?
No
New Development
No
Number of Fireplaces
Yes
Year Built
2015
Yearly/Seasonal
Yearly
Zoning
Residential-Multi-Family, Residential-Single Famil
Bath Full
Yes
Bath Three Quarters
Yes
Bath Half
Yes
Main Floor Total SqFt
2370
Above Grd Total SqFt
2370
Total SqFt
2370
Total Finished Sqft
2308.00
FireplaceYN
Yes
Style
(CC) High Rise (4+ Levels)
Foundation Size
2370
Association Fee
1406
Garage Stalls
2
Acres
1.63
# Carport Spaces
0
Lot Dimensions
No
Bath Quarter
0
Below Grd Total SqFt
0

Property Features

Accessible: Accessible Elevator Installed Air Conditioning: Central Air Amenities Shared: Car Wash; Elevator(s); Lobby; Security Building Amenities Unit: Balcony; Deck; Hardwood Floors; Kitchen Center Island; Panoramic View; Primary Bedroom Walk-In Closet; Walk-In Closet; Washer/Dryer Hookup Association Fee Includes: Building Exterior; Controlled Access; Hazard Insurance; Lawn Care; Outside Maintenance; Parking Space; Professional Mgmt; Recreation Facility; Shared Amenities; Snow Removal Basement: None Bath Description: Private Primary Construction Status: Previously Owned Dining Room Description: Breakfast Bar; Living/Dining Room Exterior: Brick/Stone Financing Terms: Cash Fireplace Characteristics: Gas Burning; Living Room Fuel: Natural Gas Heating: Forced Air Laundry: Laundry Room Lock Box Type: None Parking Characteristics: Heated Garage Road Frontage: City Street Road Responsibility: Public Maintained Road Sellers Terms: Cash; Conventional Sewer: City Sewer - In Street; City Sewer/Connected Shared Rooms: Amusement/Party Room; Community Room; Exercise Room Stories: One Water: City Water - In Street; City Water/Connected

Contract Information

Off Market Date
2023-05-22
Closed Date
2023-06-20
Original List Price
2200000
Sales Close Price
2200000
ListPrice
2200000
Owner is an Agent?
No
Auction?
No

Location Tax and Other Information

House Number
875
Street Name
Lake
Street Suffix
Street
Street Direction Suffix
N
Unit Number
201
Postal City
Wayzata
County
Hennepin
State
MN
Zip Code
55391
Complex/Dev/Subdivision
Cic 1991 Regetta Wayzata Bay Resid

Assessments

Tax With Assessments
16798
Assessment Balance
0

Building Information

Finished SqFt Above Ground
2308

More Information

Lease Details

Land Leased
Not Applicable

Miscellaneous Information

Homestead
No

Ownership

Fractional Ownership
No

Parking Characteristics

Garage Stall ID#
#34 and #35
Heated Garage
Yes

Public Survey Info

Range#
22
Section#
06
Township#
117

Office/Member Info

Association
MAAR
MLSID
RMLS

Location, Tax and Other Information

AssocFeeYN
Yes
Legal Description
CIC NO 1991 REGETTA WAYZATA BAY RESID UNIT NO 201
Listing City
Wayzata
Map Page
104
Municipality
Wayzata
Rental License?
No
School District
Wayzata
School District Phone
763-745-5000
County Abbreviation
201
Zip Plus 4
2761
Property ID Number
0611722410116
Tax Year
2023
Tax Amount
16798
In Foreclosure?
No
Potential Short Sale?
No
Lender Owned?
No

Directions & Remarks

Public Remarks
There is a reoccurring "Wish List" for those that love Wayzata and it goes something like this: We wish we could live in a premier condominium complex in the heart of Wayzata with a large open floor plan and high end appliances. How about it being a corner unit with surround windows, a large pantry, powder room, two bedrooms with ensuite baths and the primary having an extra large walk in closet. Might as well wish for two terrace decks, one just off of the kitchen for outdoor grilling and the other that is 500 square feet and wraps around the entire outside corner of the unit. Add in 2 underground garage spaces, social rooms, one on the roof top with a glimpse of the lake and within walking distance to everywhere... If only a place like that was available....Well here it is. Wishes do come true!
Directions
Lake Street to Regatta Entrance [875]

Accessible

Accessible Elevator Installed
Yes

Air Conditioning

Central Air
Yes

Amenities Shared

Car Wash
Yes
Elevator(s)
Yes
Lobby
Yes
Security Building
Yes

Amenities Unit

Balcony
Yes
Deck
Yes
Hardwood Floors
Yes
Kitchen Center Island
Yes
Panoramic View
Yes
Primary Bedroom Walk-In Closet
Yes
Walk-In Closet
Yes
Washer/Dryer Hookup
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
Recreation Facility
Yes
Shared Amenities
Yes
Snow Removal
Yes

Basement

None
Yes

Bath Description

Private Primary
Yes

Construction Status

Previously Owned
Yes

Dining Room Description

Breakfast Bar
Yes
Living/Dining Room
Yes

Exterior

Brick/Stone
Yes

Financing Terms

Cash
Yes

Fireplace Characteristics

Gas Burning
Yes
Living Room
Yes

Fuel

Natural Gas
Yes

Heating

Forced Air
Yes

Insurance Fee

Insurance Fee
0

Laundry

Laundry Room
Yes

Lock Box Type

None
Yes

Patio, Porch and Deck Features

Terrace
Yes

Restriction/Covenants

Pets - Dogs Allowed
Yes
Pets - Number Limit
Yes

Road Frontage

City Street
Yes

Road Responsibility

Public Maintained Road
Yes

Sellers Terms

Cash
Yes
Conventional
Yes

Sewer

City Sewer - In Street
Yes
City Sewer/Connected
Yes

Shared Rooms

Amusement/Party Room
Yes
Community Room
Yes
Exercise Room
Yes

Stories

One
Yes

Water

City Water - In Street
Yes
City Water/Connected
Yes

Room Information

Den Dimensions: 10X9 Level: Main First (1st) Bedroom Dimensions: 20X11 Level: Main Second (2nd) Bedroom Dimensions: 16X11 Level: Main Living Room Dimensions: 27X16 Level: Main Dining Room Dimensions: 18X12 Level: Main
Listing Office: Coldwell Banker Realty
IDX
Last Updated: August - 07 - 2025
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