875 Lake Street N # 220
Wayzata, MN, 55391 $ 2,250,000
Bedrooms2 Baths2.1 Sq 2,235 Monthly Estimate*
$ 15,540
for $2,250,000 with 2 bedrooms and 2 full baths, 1 half bath. This 2,235 square foot home was built in 2015 on a lot size of 1.63.
A rare opportunity to own a recently updated corner residence at The Regatta, with 2 bedrooms plus a den, 3 baths, 2 private patios and four heated underground garage spaces. Located in the heart of downtown Wayzata, this is a home designed to be enjoyed. The two expansive private patios provide 600+ square feet of private outdoor living, open directly to the residents-only courtyard, offering a rare amount of space for dining, lounging and entertaining. The party room is conveniently located just across the courtyard. The residence is filled with exceptional natural light and features hardwood floors, a gas fireplace and an elegant open layout. The spacious gourmet kitchen is designed for both everyday living and entertaining, featuring stainless steel appliances, a wine refrigerator and an expansive center island. The luxurious primary suite offers two walk-in closets and a spa-like bath with heated floors, soaking tub and glass-enclosed shower. The secondary bedroom features an ensuite 3/4 bath and direct outdoor access. The entire condo has been freshly painted, including enameled woodwork, with new carpet and updated lighting throughout. The versatile den adapts to your needs, with a custom Murphy bed that easily transforms the space from a home office or reading room into a comfortable guest suite or additional living area. Regatta amenities include two club rooms with kitchens, a private courtyard with fire features, fifth-floor viewing deck, fitness center, library, meeting space, package room, car wash, dog wash, outdoor fire pits and gas grills. An exceptional opportunity to enjoy luxury, privacy and an unparalleled downtown Wayzata lifestyle.
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Single Family Contingent(CC) High Rise (4+ Levels)
FeaturesGeneralLiving Area 2235
Sewer City Sewer/Connected
Heating Forced Air
Cooling Central Air
Roof Age Over 8 Years
Appliances Cooktop Dishwasher Disposal Double Oven Dryer Exhaust Fan Freezer Water Filtration System Microwave Range Refrigerator Stainless Steel Appliances Wall Oven Washer Wine Cooler
HOA Fee 1665
Garage Spaces 4
Association Fee Includes Building Exterior Cable TV Controlled Access Gas Heating Internet Lawn Care Maintenance Grounds Parking Professional Mgmt Recreation Facility Sanitation Sewer Shared Amenities Snow Removal Water
Pool Features None
Year Built 2015
Electric Circuit Breakers
Levels One
Unit Number 220
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 Car Wash Common Garden Elevator(s) Fire Sprinkler System Lobby Entrance Other Patio
HOA Y
Contingency Sale of Another Property
Subdivision Name Cic 1991 Regetta Wayzata Bay Resid
Full Baths 1
Directions Entrance is on Lake Street
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 24822
Additional Parcels Y/N N
Standard Status Active
Lender Owned No
Amenities Unit Cable Hardwood Floors Indoor Sprinklers Kitchen Center Island Kitchen Window Primary Bedroom Walk-In Closet Main Floor Primary Bedroom Natural Woodwork Patio Tile Floors Washer/Dryer Hookup Walk-In C
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InteriorBasement None
Total Fireplaces 1
Fireplace Features Gas Living Room
Basement (Y/N) N
Fireplace Y/N Y
Above Grade Finished Area 2235
Half Baths 1
1/4 Baths 0
3/4 Baths 1
Laundry Features Laundry Room Main Level In Unit
Total Bedrooms 2
Below Grade Finished Area 0
Total Baths 3
Bath Desc Double Sink Bathroom Ensuite Full Primary His and Her Closets Private Primary Main Floor 1/2 Bath Main Floor 3/4 Bath Main Floor Full Bath Separate Tub & Shower Walk-In Shower Stall
Dining Room Description Breakfast Bar Living/Dining Room
Fuel Natural Gas
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ExteriorFencing None
Parking Features Assigned Attached Garage Garage Door Opener Heated Garage Parking Garage Secured Storage Underground
Water Source City Water/Connected
Lot Size Area 1.63
Building Area Total 2235
Lot Dimensions Common
Waterfront Y/N N
Foundation Area 2235
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* Excluded FeaturesList ByColdwell Banker RealtyBroker
allison.watt@cbrealty.comEmail
Affordability Calculator
- Monthly Principal & Interest
- $15,540
- Monthly Property Taxes
- $2,069
- 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.
Learn more about how to save NearbySingle family listings in Wayzata, MN
Average List Price $3,720,037
Percent of Sale Price 65%
About Wayzata, MN 4,305 Population
7% Since 2002
$ 73,787 Median Income
48.7 Median Age
18% Households with Children
Trends Information provided by ATTOM Data Solutions.
708614 Elementary School
708529 Middle School
Unknown High School High School
Pricing History| Date | Price | Price Change | Description |
|---|
| 10/8/2026 | $2,250,000 | | Listed Price |