875 Lake St N Unit 201 Wayzata, MN 55391
Estimated payment $16,248/month
Highlights
- 71,003 Sq Ft lot
- Elevator
- Wrap Around Porch
- Gleason Lake Elementary School Rated A
- Stainless Steel Appliances
- Soaking Tub
About This Home
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 3⁄4 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!
Property Details
Home Type
- Condominium
Est. Annual Taxes
- $26,372
Year Built
- Built in 2014
HOA Fees
- $1,639 Monthly HOA Fees
Parking
- 2 Car Garage
- Heated Garage
- Garage Door Opener
Home Design
- Flex
Interior Spaces
- 2,370 Sq Ft Home
- 1-Story Property
- Living Room with Fireplace
- Combination Dining and Living Room
- Basement
Kitchen
- Built-In Oven
- Cooktop
- Microwave
- Dishwasher
- Wine Cooler
- Stainless Steel Appliances
- Disposal
Bedrooms and Bathrooms
- 2 Bedrooms
- Soaking Tub
Laundry
- Dryer
- Washer
Home Security
Outdoor Features
- Patio
- Wrap Around Porch
Utilities
- Forced Air Heating and Cooling System
Listing and Financial Details
- Assessor Parcel Number 0611722410116
Community Details
Overview
- Association fees include maintenance structure, cable TV, gas, internet, lawn care, ground maintenance, parking, professional mgmt, trash, sewer, shared amenities, snow removal
- First Service Residential Association, Phone Number (612) 277-2700
- High-Rise Condominium
- Cic 1991 Regetta Wayzata Bay Resid Subdivision
- Car Wash Area
Additional Features
- Elevator
- Fire Sprinkler System
Map
Home Values in the Area
Average Home Value in this Area
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 | $22,120 | $1,887,900 | $805,200 | $1,082,700 |
| 2022 | $18,026 | $1,471,000 | $469,000 | $1,002,000 |
| 2021 | $16,767 | $1,362,000 | $469,000 | $893,000 |
| 2020 | $16,465 | $1,300,000 | $429,000 | $871,000 |
| 2019 | $17,439 | $1,236,000 | $385,000 | $851,000 |
| 2018 | $17,882 | $1,284,000 | $385,000 | $899,000 |
| 2017 | $18,498 | $1,284,000 | $385,000 | $899,000 |
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 08/30/2025 08/30/25 | Pending | -- | -- | -- |
| 07/23/2025 07/23/25 | Price Changed | $2,350,000 | -2.1% | $992 / Sq Ft |
| 06/13/2025 06/13/25 | For Sale | $2,400,000 | -- | $1,013 / Sq Ft |
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Warranty Deed | $1,175,000 | Edina Realty Title Inc |
Source: NorthstarMLS
MLS Number: 6734067
APN: 06-117-22-41-0116
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