875 Lake Street N, 409, Wayzata, MN 55391

$2,650,000
Property Type: Residential Bedrooms: 3 Baths: 4 Square Footage: 3,025 Lot Size (sq. ft.): 71,003 Status: Closed
Current Price: $2,650,000 List Date: 4/09/2025 Last Modified: 8/07/2025

Overview

Description

Incredible two story unit with Main floor living and spacious loft! Regatta is located in the heart of charming downtown Wayzata. This top-floor unit boasts 3,025 square feet of refined living space, featuring two spacious bedrooms (loft is third bedroom), four luxurious bathrooms and three deck/balcony spaces. Delight in the plantation shutters, gleaming hardwood floors, and built-in speakers that grace this home throughout. The primary suite features a stylish 3/4 bath and a spacious walk-in closet, along with access to a private balcony. Exiting the primary bedroom, you'll step into the heart of the home—a gracious kitchen and living room that blends design style with functionality. The kitchen is equipped with top-notch appliances and custom cabinets, making it a perfect spot for culinary adventures. Adjacent to this space is the living room with a charming gas burning fireplace that is perfect for entertaining. Nearby, a private office provides a quiet retreat for work or study. The second bedroom is tucked away on the main living space offering private space for guests or personal use. Ascend to the upstairs loft (or 3rd bedroom/studio) is an entertainer’s dream, featuring a mini kitchen and direct access to a charming deck. This residence includes the exceptional convenience of four parking stalls in the heated, underground garage, as well as a spacious storage unit. Walk to the variety of exciting restaurants and shops throughout Wayzata, enjoy the nearby trails, community events, and Lake Minnetonka.

Listing Details MLS# 6700064

General Property Information

Assoc Mgmt Co. Phone #
952-277-2700
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
2015
Yearly/Seasonal
Yearly
Zoning
Residential-Single Family
Bath Three Quarters
2
Bath Half
2
Main Floor Total SqFt
2611
Above Grd Total SqFt
3025
Total SqFt
3025
Total Finished Sqft
3025.00
Style
(CC) High Rise (4+ Levels)
Foundation Size
2611
Association Fee
2086
Garage Stalls
4
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 Amenities Unit: Balcony; Ceiling Fan(s); Hardwood Floors; Kitchen Center Island; Main Floor Primary Bedroom; Patio; Primary Bedroom Walk-In Closet; Wet Bar Appliances: Cooktop; Dishwasher; Disposal; Dryer; Microwave; Refrigerator; Washer Association Fee Includes: Building Exterior; Cable TV; Gas; Internet; 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; Upper Level 1/2 Bath; 3/4 Primary; Private Primary; Bathroom Ensuite Construction Status: Previously Owned Dining Room Description: Breakfast Area; Eat In Kitchen; Living/Dining Room Exterior: Brick/Stone Family Room Characteristics: Loft Financing Terms: Cash Fireplace Characteristics: Gas Burning; Living Room Foundation: None Fuel: Natural Gas Heating: Forced Air Laundry: In Unit; Laundry Room; Main Level; Sink Parking Characteristics: Assigned; Garage Door Opener; Heated Garage Roof: Flat Sewer: City Sewer/Connected Shared Rooms: Community Room; Exercise Room Special Search: All Living Facilities on One Level; Main Floor Laundry; Main Floor Primary; Primary Bdr Suite Stories: Two Water: City Water/Connected

Contract Information

Off Market Date
2025-06-06
Contingency
None
Closed Date
2025-07-31
Original List Price
2875000
Sales Close Price
2650000
ListPrice
2775000
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
409
Postal City
Wayzata
County
Hennepin
State
MN
Zip Code
55391
Complex/Dev/Subdivision
Cic 1991 Regetta Wayzata Bay Resid

Assessments

Tax With Assessments
28423.98
Assessment Balance
0

Building Information

Finished SqFt Above Ground
3025

More Information

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 1991 REGETTA WAYZATA BAY RESID UNIT NO 409
Listing City
Wayzata
Map Page
104
Municipality
Wayzata
School District
Wayzata
School District Phone
763-745-5000
County Abbreviation
409
Zip Plus 4
2762
Property ID Number
0611722410165
Tax Year
2025
Tax Amount
28423.98
In Foreclosure?
No
Potential Short Sale?
No
Lender Owned?
No

Directions & Remarks

Public Remarks
Incredible two story unit with Main floor living and spacious loft! Regatta is located in the heart of charming downtown Wayzata. This top-floor unit boasts 3,025 square feet of refined living space, featuring two spacious bedrooms (loft is third bedroom), four luxurious bathrooms and three deck/balcony spaces. Delight in the plantation shutters, gleaming hardwood floors, and built-in speakers that grace this home throughout. The primary suite features a stylish 3/4 bath and a spacious walk-in closet, along with access to a private balcony. Exiting the primary bedroom, you'll step into the heart of the home—a gracious kitchen and living room that blends design style with functionality. The kitchen is equipped with top-notch appliances and custom cabinets, making it a perfect spot for culinary adventures. Adjacent to this space is the living room with a charming gas burning fireplace that is perfect for entertaining. Nearby, a private office provides a quiet retreat for work or study. The second bedroom is tucked away on the main living space offering private space for guests or personal use. Ascend to the upstairs loft (or 3rd bedroom/studio) is an entertainer’s dream, featuring a mini kitchen and direct access to a charming deck. This residence includes the exceptional convenience of four parking stalls in the heated, underground garage, as well as a spacious storage unit. Walk to the variety of exciting restaurants and shops throughout Wayzata, enjoy the nearby trails, community events, and Lake Minnetonka.
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

Amenities Unit

Balcony
Yes
Ceiling Fan(s)
Yes
Hardwood Floors
Yes
Kitchen Center Island
Yes
Main Floor Primary Bedroom
Yes
Patio
Yes
Primary Bedroom Walk-In Closet
Yes
Wet Bar
Yes

Appliances

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

Association Fee Includes

Building Exterior
Yes
Cable TV
Yes
Gas
Yes
Internet
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
Upper Level 1/2 Bath
Yes
3/4 Primary
Yes
Private Primary
Yes
Bathroom Ensuite
Yes

Construction Status

Previously Owned
Yes

Dining Room Description

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

Exterior

Brick/Stone
Yes

Family Room Characteristics

Loft
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

Laundry

In Unit
Yes
Laundry Room
Yes
Main Level
Yes
Sink
Yes

Parking Characteristics

Assigned
Yes
Garage Door Opener
Yes
Heated Garage
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

Roof

Flat
Yes

Sewer

City Sewer/Connected
Yes

Shared Rooms

Community Room
Yes
Exercise Room
Yes

Special Search

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

Stories

Two
Yes

Water

City Water/Connected
Yes

Room Information

Patio Dimensions: 24x16 Level: Upper Laundry Dimensions: 10x9 Level: Main Office Dimensions: 11x11 Level: Main First (1st) Bedroom Dimensions: 15x14 Level: Main Second (2nd) Bedroom Dimensions: 15x14 Level: Main Third (3rd) Bedroom Dimensions: 24x19 Level: Upper Living Room Dimensions: 15x15 Level: Main Dining Room Dimensions: 9x15 Level: Main Kitchen Dimensions: 19x16 Level: Main Informal Dining Room Dimensions: 9x16 Level: Main

Documents

Listing Office: Compass
IDX
Last Updated: August - 07 - 2025
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