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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 gue ... (Read more) 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

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

Documents

Wayzata Blu #301 - Home Features ›

Listing Office: Coldwell Banker Realty

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.