Seller's Agent in 2025
David Stickney
Coldwell Banker Realty
(952) 250-0122
8 in this area
185 Total Sales
275 Lake St E Unit 301 Wayzata, MN 55391
2
Beds
2.5
Baths
3,200
Sq Ft
$1,269/mo
HOA Fee
Highlights
- Lake View
- Den
- Elevator
- Gleason Lake Elementary School Rated A
- Sitting Room
- Built-In Double Oven
About This Home
As of June 2025Experience 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 3⁄4 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.
Last Agent to Sell the Property
Coldwell Banker Realty Brokerage Phone: 952-250-0122 Listed on: 04/11/2025
Property Details
Home Type
- Condominium
Est. Annual Taxes
- $42,305
Year Built
- Built in 2019
HOA Fees
- $1,269 Monthly HOA Fees
Parking
- 2 Car Attached Garage
- Heated Garage
- Garage Door Opener
Home Design
- Flat Roof Shape
Interior Spaces
- 3,200 Sq Ft Home
- 1-Story Property
- Wet Bar
- Living Room with Fireplace
- Sitting Room
- Den
- Lake Views
Kitchen
- Built-In Double Oven
- Cooktop
- Microwave
- Dishwasher
- Wine Cooler
- Stainless Steel Appliances
- Disposal
Bedrooms and Bathrooms
- 2 Bedrooms
Laundry
- Dryer
- Washer
Home Security
Outdoor Features
- Patio
Utilities
- Forced Air Heating and Cooling System
- Humidifier
- Water Filtration System
Listing and Financial Details
- Assessor Parcel Number 0611722320047
Community Details
Overview
- Association fees include maintenance structure, controlled access, hazard insurance, lawn care, ground maintenance, parking, professional mgmt, trash, shared amenities, snow removal
- Gassen Association, Phone Number (952) 922-5575
- Low-Rise Condominium
- Wayzata Blu Subdivision
Additional Features
- Elevator
- Fire Sprinkler System
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Apr 11, 2025
Closed on
Jun 30, 2025
Sold by
Heeb Brian R and Heeb Sherry L
Bought by
Michael And Debora Pung 2014 Living Trust
Seller's Agent
David Stickney
Coldwell Banker Realty
Buyer's Agent
Amy Albert
Edina Realty, Inc.
List Price
$3,995,000
Sold Price
$3,850,000
Premium/Discount to List
-$145,000
-3.63%
Views
42
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
6.22%
Purchase Details
Closed on
Dec 23, 2019
Sold by
275 Lake Llc
Bought by
Heeb Brian R and Heeb Sherry L
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$999,999
Interest Rate
3.37%
Mortgage Type
New Conventional
Purchase Details
Closed on
Oct 1, 2019
Sold by
Given Not
Bought by
County Of Hennepin
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area
Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Warranty Deed | $3,850,000 | Chb Title | |
| Warranty Deed | $2,770,345 | Guaranty Commercial Ttl Inc | |
| Certificate Of Transfer | -- | -- |
Source: Public Records
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Previous Owner | $964,000 | New Conventional | |
| Previous Owner | $999,999 | New Conventional |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 06/30/2025 06/30/25 | Sold | $3,850,000 | -3.6% | $1,203 / Sq Ft |
| 06/14/2025 06/14/25 | Pending | -- | -- | -- |
| 04/11/2025 04/11/25 | For Sale | $3,995,000 | -- | $1,248 / Sq Ft |
Source: NorthstarMLS
Tax History Compared to Growth
Tax History
| Year | Tax Paid | Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. | Land | Improvement |
|---|---|---|---|---|
| 2023 | $41,166 | $3,441,800 | $863,200 | $2,578,600 |
| 2022 | $30,070 | $2,421,000 | $455,000 | $1,966,000 |
| 2021 | $29,841 | $2,191,000 | $455,000 | $1,736,000 |
| 2020 | $9,133 | $2,186,000 | $455,000 | $1,731,000 |
| 2019 | $23,912 | $0 | $0 | $0 |
Source: Public Records
Agents Affiliated with this Home
-
David Stickney
-
George Stickney
Seller Co-Listing Agent in 2025
George Stickney
Coldwell Banker Realty
(952) 476-3694
11 in this area
237 Total Sales
-
Amy Albert
Buyer's Agent in 2025
Amy Albert
Edina Realty, Inc.
(612) 386-9351
3 in this area
53 Total Sales
Map
Source: NorthstarMLS
MLS Number: 6698773
APN: 06-117-22-32-0047
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