875 Lake Street N # 401 Wayzata, MN $ 2,975,000
875 Lake Street N # 401
$ 2,975,000
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875 Lake Street N # 401

Wayzata, MN, 55391
$ 2,975,000
Bedrooms3 Baths2.2 Sq 2,836

Monthly Estimate*

$ 20,548

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Single Family Home for sale in Wayzata, MN

for $2,975,000 with 3 bedrooms and 2 full baths, 2 half baths. This 2,836 square foot home was built in 2015 on a lot size of 1.63.

Welcome to this impressive two-story condo at Regatta Unit 401, one of the few two-story residences in the building. Ideally located in a highly sought-after community near the award-winning shops and dining of downtown Wayzata and the shores of Lake Minnetonka. This exceptional corner unit offers spacious living, beautiful natural light, and outstanding indoor and outdoor entertaining spaces. Step inside and be greeted by an inviting open floor plan. The chef's kitchen features stainless steel appliances, a large center island with barstool seating, and abundant cabinet and counter space. Just beyond, the dining area opens to the first of several west-facing balconies, creating a seamless connection to the outdoors. The spacious living room is filled with natural light and features elegant coffered ceilings, a gas fireplace, and plenty of room for comfortable seating and entertaining. The luxurious primary suite offers private access to a second west-facing balcony and a spa-like ensuite bathroom complete with dual sinks, a separate soaking tub, a walk-in shower, and an impressive walk-in closet. A second bedroom on the main level also provides balcony access and has a three-quarter bathroom. The upper level offers exceptional flexibility and could serve as a third bedroom, family room, or additional entertaining space. Complete with a second gas fireplace and another bathroom, this level opens to an extraordinary 47'x18' private balcony with sweeping west and north facing views. The main level also includes a dedicated office that could serve as an additional bedroom, along with a spacious laundry room featuring a sink and abundant storage. Residents of Regatta enjoy access to exceptional amenities, including an exercise room and two club rooms, all while being just moments from the vibrant shops, acclaimed dining, scenic trails, and waterfront lifestyle of downtown Wayzata and Lake Minnetonka.

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Single Family Active

Price

$ 2,975,000

Bedrooms

3

Full Bath

2

Half Bath

2

Property Type

Single Family

Taxes

$ 34,971

Style

(CC) High Rise (4+ Levels)

Lot Size

1.63

Year Built

2015

Town/City

Wayzata

County/Region

Hennepin

MLS | Web ID

7138371

Features
General
Living Area 2836
Sewer City Sewer/Connected
Heating Forced Air Fireplace(s)
Cooling Central Air
Roof Age Over 8 Years
Appliances Cooktop Dishwasher Double Oven Dryer Exhaust Fan Microwave Range Refrigerator Stainless Steel Appliances Wall Oven Washer
HOA Fee 2047
Garage Spaces 3
Association Fee Includes Cable TV Gas Internet Lawn Care Maintenance Grounds Parking Professional Mgmt Sanitation Sewer Shared Amenities Snow Removal Water
Year Built 2015
Levels Two
Unit Number 401
Property Subtype (CC) High Rise (4+ Levels)
Tax Year 2026
Accessibility Accessible Elevator Installed
Assoc Fee Paid Per Monthly
County Hennepin
New Construction N
Property Type Residential
Association Amenities Elevator(s) Lobby Entrance Other
HOA Y
Contingency None
Subdivision Name Cic 1991 Regetta Wayzata Bay Resid
Full Baths 1
Directions Wayzata Boulevard south on Superior east on Lake Street to Regatta
City Wayzata
Association Name First Service Residential
High School District Wayzata
Zoning Description Residential-Single Family
Lot Size Units Acres
Property Attached Y/N Y
Land Lease Y/N N
Tax Annual Amount 34971
Additional Parcels Y/N N
Virtual Tour https://tours.spacecrafting.com/n-76772p
Standard Status Active
Lender Owned No
Amenities Unit Balcony French Doors Hardwood Floors Indoor Sprinklers Kitchen Center Island Kitchen Window Primary Bedroom Walk-In Closet Main Floor Primary Bedroom Other Panoramic View Tile Floors Wet Bar Walk-In
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Interior
Basement None
Total Fireplaces 2
Fireplace Features Family Room Gas Living Room
Basement (Y/N) N
Fireplace Y/N Y
Above Grade Finished Area 2836
Half Baths 2
1/4 Baths 0
3/4 Baths 1
Laundry Features Laundry Room Main Level Sink
Total Bedrooms 3
Below Grade Finished Area 0
Total Baths 4
Bath Desc Double Sink Bathroom Ensuite Full Primary Private Primary Main Floor 1/2 Bath Main Floor 3/4 Bath Main Floor Full Bath Separate Tub & Shower Upper Level 1/2 Bath Walk-In Shower Stall Walk Thru
Dining Room Description Eat In Kitchen Informal Dining Room Kitchen/Dining Room Living/Dining Room
Fuel Natural Gas
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Exterior
Parking Features Assigned Attached Garage Heated Garage Parking Garage Secured Storage Underground
Water Source City Water/Connected
Lot Size Area 1.63
Building Area Total 2871
Lot Dimensions Common
Waterfront Y/N N
Foundation Area 2314
Road Frontage Type City Street Curbs Paved Streets Sidewalks
Road Responsibility Public Maintained Road
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Internal Only
Street Number 1 875
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* Excluded Features
List By
Compass

Broker

beth.ulrich@compass.com

Email

Affordability Calculator

$23,462
Per Month
88%
12%
0%
Monthly Principal & Interest
$20,548
Monthly Property Taxes
$2,914
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 7.375% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
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Nearby
708614 Elementary School
708529 Middle School
Unknown High School High School
Pricing History
DatePricePrice ChangeDescription
9/4/2026$2,975,000 Listed Price

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875 Lake Street N # 401, Wayzata, MN, 55391 is a Single Family Home for sale at $2,975,000 with 2,836 sqft and a lot size of 1.63. 875 Lake Street N # 401 has 3 bedrooms, 2.2 baths, and was built in 2015. The property's zip code is 55391 which is in Wayzata, MN