$2,400,000

875 Lake St N Unit 201 Wayzata, MN 55391

Estimated payment $17,245/month

Total Views 85
2 Beds
2.5 Baths
2,370 Sq Ft
$1,013 Price per Sq Ft

Highlights

  • 71,003 Sq Ft lot
  • Elevator
  • Wrap Around Porch
  • Gleason Lake Elementary School Rated A
  • Stainless Steel Appliances
  • Patio

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 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!

Listing Agent

Beth Ulrich

Compass Listed on: 06/13/2025

Compass

Co-Listing Agent

Chelsey Ulrich

Compass

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

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

Property Details

Home Type

Condominium

Est. Annual Taxes

$26,372

Year Built

Built in 2014

Lot Details

0

HOA Fees

$1,639 per month

Parking

2

Listing Details

  • Type: Residential
  • Property Subtype 1: High Rise
  • Cooling System: Central Air
  • Garage Spaces: 2
  • Accessibility Features: Accessible Elevator Installed
  • Fireplaces: 1
  • Water Source: City Water/Connected
  • Association Amenities: Car Wash, Elevator(s), Fire Sprinkler System, Lobby Entrance, Patio
  • Fee Frequency: Monthly
  • Year Built: 2014
  • Above Grade Finished Sq Ft: 2370
  • Unit Levels: One
  • New Construction: No
  • FractionalOwnershipYN: No
  • Rental License?: No
  • Special Features: VirtualTour
  • Property Sub Type: Condos

Interior Features

  • Basement: None
  • Appliances: Cooktop, Dishwasher, Disposal, Dryer, Exhaust Fan, Microwave, Refrigerator, Stainless Steel Appliances, Wall Oven, Washer, Wine Cooler
  • Fireplace Features: Gas, Living Room
  • Living Area: 2370
  • Fireplace: Yes
  • Basement YN: Yes
  • Dining Room Type: Living Room, Dining Room, Kitchen, Flex Room, Bedroom 1, Bedroom 2
  • Shared Rooms: Amusement/Party Room,Exercise Room

Beds/Baths

  • Full Bathrooms: 1
  • Half Bathrooms: 1
  • Total Bedrooms: 2
  • Three Quarter Bathrooms: 1

Exterior Features

  • PatioPorchType: Wrap Around

Garage/Parking

  • Parking Features: Assigned, Garage Door Opener, Heated Garage, Parking Garage, Underground
  • Garage Square Feet: 0

Utilities

  • Heating: Forced Air
  • Sewer: City Sewer/Connected
  • Fuel: Natural Gas

Condo/Co-op/Association

  • HOA Fee Includes: Maintenance Structure, Cable TV, Gas, Internet, Lawn Care, Maintenance Grounds, Parking, Professional Mgmt, Trash, Sewer, Shared Amenities, Snow Removal
  • Phone: 612-277-2700
  • Association Fee: 1639
  • Association: Yes
  • Amenities Unit: Hardwood Floors,Kitchen Center Island,Primary Bedroom Walk-In Closet,Patio,Tile Floors,Walk-In Closet

Association/Amenities

  • HOA Management Co: First Service Residential

Schools

  • Junior High Dist: Wayzata
  • SchoolDistrictNumber: 284
  • SchoolDistrictPhone: 763-745-5000

Lot Info

  • PropertyAttachedYN: Yes
  • Lot Size: Common
  • Lot Size Sq Ft: 71002.8
  • Land Lease: No
  • Additional Parcels: No
  • Zoning Description: Residential-Single Family
  • AssessmentPending: No
  • Yearly/Seasonal: Yearly

Building Info

  • Construction Materials: Brick/Stone

Tax Info

  • Tax Year: 2025
  • Assessor Parcel Number: 0611722410116
  • Tax Annual Amount: 26372
  • TaxWithAssessments: 26372.0000

Map

Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

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
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/13/2025 06/13/25 For Sale $2,400,000 -- $1,013 / Sq Ft
Source: NorthstarMLS

Purchase History

Date Type Sale Price Title Company
Warranty Deed $1,175,000 Edina Realty Title Inc
Source: Public Records

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Source: NorthstarMLS

MLS Number: 6734067

NorthstarMLS

APN: 06-117-22-41-0116