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875 Lake Street N, 201, Wayzata, MN 55391

$2,275,000

Virtual Tour

https://tours.spacecrafting.com/n-8xt7hs

Offering an open floor plan ideal for gathering and entertaining

Kitchen features a large center island with built-in wine refrigerator, gas cooktop, double wall ovens, walk-in pantry, and access to a small grilling balcony

Center island is ideal for meal prep, entertaining, or grabbing a quick bite at the counter

This built-in buffet comes in handy for storage and display

Corner unit with floor to ceiling windows lets in amazing natural light

Ideal spaces for hosting a dinner party, gathering with friends, or relaxing at home

This corner unit boasts expansive windows that flood the space with an abundance of natural light

Cozy gas fireplace to enjoy and host gatherings

Easily access the corner wrap-around deck from the living spaces.

This versatile space could be used as an office, den, or even a craft room.

Each room flows seamlessly into the next

Spa-like primary bath is elegantly appointed

Additional highlights include lighted vanity area and large walk-in closet with built-in organizational components

The condo's 2nd bedroom is currently being used as a home office space

Spacious laundry room with great storage space and sink

Outdoor spaces include this balcony located off the kitchen

Fantastic corner wrap-around patio is the ideal spot for outdoor entertaining

Additional gathering area on the spacious balcony patio

A relaxing area to enjoy a morning cup of coffee, a good book, or conversation with a friend

Main club room located on the 2nd level is ideal spot if looking for additional entertaining space

Smaller club room is located on the 5th floor

5th floor club room with west facing balcony

Gather with neighbors in the common courtyard

Large shade umbrellas, seating, gas fireplace, pretty landscaping and lighting make this a serene spot to enjoy

Exercise room on the 3rd floor for residents to utilize

Pet friendly building with its own pet "spaw"

Located in the heart of downtown Wayzata

Stroll along Lake Street to enjoy a plethora of dining and shopping options

Wayzata offers a variety of community events, parks, trails, and beaches

Enjoy year round activity on nearby Luce Line and Dakota Regional Trails

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 styli ... (Read more)

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 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

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

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

Documents

Regatta #201 - Floor Plan.pdf ›

Regatta Parking.pdf ›

Nadler - Seller's Disclosures.pdf ›

Regatta #201 - Resale Disclosure.pdf ›

Listing Office: Compass

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.