875 Lake Street N, 201, Wayzata, MN 55391

$2,275,000
Property Type: Residential Bedrooms: 2 Baths: 3 Square Footage: 2,370 Lot Size (sq. ft.): 71,003 Status: Closed
Current Price: $2,275,000 List Date: 6/13/2025 Last Modified: 9/29/2025

Overview

Description

Step into luxury living with this stunning corner unit at Regatta, featuring floor-to-ceiling windows and an expansive wraparound balcony spanning over 550 square feet, perfect for summertime entertaining. The bright, open-concept layout is designed for both elegance and comfort, showcasing premium finishes including rich hardwood floors and high-end appliances. The spacious living and dining areas are ideal for gatherings, while a flexible bonus space offers the perfect spot for a home office or reading nook. Off the kitchen, a private grilling balcony provides convenience for the avid cook or summer host. The generous primary suite is a true retreat, offering dual vanities, a lighted makeup station, a luxurious soaking tub, separate glass-enclosed shower, and a large walk-in closet. A well-appointed second bedroom includes its own ¾ en-suite bath. Additional features include two heated parking stalls, a private storage locker, and access to Regatta’s exclusive amenities: two stylish club rooms, a fully equipped fitness center, and a serene common courtyard. Located just steps from the best of Wayzata and its renowned dining, boutique shopping, lakefront parks, trails, community concerts, and beautiful Lake Minnetonka. This unit delivers an unbeatable lifestyle!

Listing Details MLS# 6734067

General Property Information

Assoc Mgmt Co. Phone #
612-277-2700
Association Fee Frequency
Monthly
Association Mgmt Co. Name
First Service Residential
Common Wall
Yes
Lot Measurement
Acres
Manufactured Home?
No
Multiple PIDs?
No
New Development
No
Number of Fireplaces
Yes
Year Built
2014
Yearly/Seasonal
Yearly
Zoning
Residential-Single Family
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
2370.00
FireplaceYN
Yes
Style
(CC) High Rise (4+ Levels)
Foundation Size
2370
Association Fee
1639
Garage Stalls
2
Lot Dimensions
Common
Acres
1.63
Bath Quarter
0
Below Grd Total SqFt
0

Property Features

Accessible: Accessible Elevator Installed Air Conditioning: Central Air Amenities Shared: Car Wash; Elevator(s); Fire Sprinkler System; Lobby; Patio Amenities Unit: Hardwood Floors; Kitchen Center Island; Patio; Primary Bedroom Walk-In Closet; Tile Floors; Walk-In Closet Appliances: Cooktop; Dishwasher; Disposal; Dryer; Microwave; Refrigerator; Washer; Wine Cooler Association Fee Includes: Building Exterior; Cable TV; Gas; Internet; Lawn Care; Outside Maintenance; Parking Space; Professional Mgmt; Sanitation; Shared Amenities; Snow Removal; Water Basement: None Bath Description: Main Floor 1/2 Bath; Main Floor 3/4 Bath; Full Primary; Private Primary; Walk-In Shower Stall Construction Status: Previously Owned Dining Room Description: Living/Dining Room Exterior: Brick/Stone Financing Terms: Cash Fireplace Characteristics: Gas Burning; Living Room Foundation: 8 ft+ Pour Fuel: Natural Gas Heating: Forced Air Laundry: In Unit; Laundry Room Parking Characteristics: Assigned; Garage Door Opener; Heated Garage Sewer: City Sewer/Connected Shared Rooms: Amusement/Party Room; Exercise Room 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

Contract Information

Off Market Date
2025-08-30
Contingency
None
Closed Date
2025-09-29
Original List Price
2400000
Sales Close Price
2275000
ListPrice
2350000
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
26372
Assessment Balance
0

Building Information

Finished SqFt Above Ground
2370

More Information

Lease Details

Land Leased
Not Applicable

Miscellaneous Information

Homestead
Yes

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 1991 REGETTA WAYZATA BAY RESID UNIT NO 201
Listing City
Wayzata
Map Page
104
Municipality
Wayzata
School District
Wayzata
School District Phone
763-745-5000
County Abbreviation
201
Zip Plus 4
2761
Property ID Number
0611722410116
Tax Year
2025
Tax Amount
26372
In Foreclosure?
No
Potential Short Sale?
No
Lender Owned?
No

Directions & Remarks

Public Remarks
Step into luxury living with this stunning corner unit at Regatta, featuring floor-to-ceiling windows and an expansive wraparound balcony spanning over 550 square feet, perfect for summertime entertaining. The bright, open-concept layout is designed for both elegance and comfort, showcasing premium finishes including rich hardwood floors and high-end appliances. The spacious living and dining areas are ideal for gatherings, while a flexible bonus space offers the perfect spot for a home office or reading nook. Off the kitchen, a private grilling balcony provides convenience for the avid cook or summer host. The generous primary suite is a true retreat, offering dual vanities, a lighted makeup station, a luxurious soaking tub, separate glass-enclosed shower, and a large walk-in closet. A well-appointed second bedroom includes its own ¾ en-suite bath. Additional features include two heated parking stalls, a private storage locker, and access to Regatta’s exclusive amenities: two stylish club rooms, a fully equipped fitness center, and a serene common courtyard. Located just steps from the best of Wayzata and its renowned dining, boutique shopping, lakefront parks, trails, community concerts, and beautiful Lake Minnetonka. This unit delivers an unbeatable lifestyle!
Directions
Wayzata Boulevard, south on Superior, east on Lake Street to Regatta

Accessible

Accessible Elevator Installed
Yes

Air Conditioning

Central Air
Yes

Amenities Shared

Car Wash
Yes
Elevator(s)
Yes
Fire Sprinkler System
Yes
Lobby
Yes
Patio
Yes

Amenities Unit

Hardwood Floors
Yes
Kitchen Center Island
Yes
Patio
Yes
Primary Bedroom Walk-In Closet
Yes
Tile Floors
Yes
Walk-In Closet
Yes

Appliances

Cooktop
Yes
Dishwasher
Yes
Disposal
Yes
Dryer
Yes
Microwave
Yes
Refrigerator
Yes
Washer
Yes
Wine Cooler
Yes

Association Fee Includes

Building Exterior
Yes
Cable TV
Yes
Gas
Yes
Internet
Yes
Lawn Care
Yes
Outside Maintenance
Yes
Parking Space
Yes
Professional Mgmt
Yes
Sanitation
Yes
Sewer
Yes
Shared Amenities
Yes
Snow Removal
Yes
Water
Yes

Basement

None
Yes

Bath Description

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

Construction Status

Previously Owned
Yes

Dining Room Description

Living/Dining Room
Yes

Exterior

Brick/Stone
Yes

Financing Terms

Cash
Yes

Fireplace Characteristics

Gas Burning
Yes
Living Room
Yes

Foundation

8 ft+ Pour
Yes

Fuel

Natural Gas
Yes

Heating

Forced Air
Yes

Insurance Fee

Insurance Fee
0

Laundry

In Unit
Yes
Laundry Room
Yes

Parking Characteristics

Assigned
Yes
Garage Door Opener
Yes
Heated Garage
Yes

Patio, Porch and Deck Features

Wrap Around
Yes

Restriction/Covenants

Mandatory Owners Assoc
Yes
Pets - Breed Restriction
Yes
Pets - Cats Allowed
Yes
Pets - Dogs Allowed
Yes
Pets - Number Limit
Yes
Pets - Weight/Height Limit
Yes
Rental Restrictions May Apply
Yes

Sewer

City Sewer/Connected
Yes

Shared Rooms

Amusement/Party Room
Yes
Exercise Room
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

Room Information

Second (2nd) Bedroom Dimensions: 16x11 Level: Main First (1st) Bedroom Dimensions: 21x12 Level: Main Flex Room Dimensions: 11x9 Level: Main Kitchen Dimensions: 22x14 Level: Main Dining Room Dimensions: 18x11 Level: Main Living Room Dimensions: 28x16 Level: Main

Documents

Listing Office: Compass
IDX
Last Updated: September - 29 - 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.