$2,500,000

875 Lake St N Unit 318 Wayzata, MN 55391

Estimated payment $16,934/month

Total Views 9,507
3 Beds
2.5 Baths
2,730 Sq Ft
$916 Price per Sq Ft

Highlights

  • Building Security
  • Party Room
  • Built-In Double Oven
  • Gleason Lake Elementary School Rated A+
  • Home Gym
  • Subterranean Parking

About This Home

Enjoy luxury living at its finest with one of the most spacious and amenity filled Wayzata condominiums. The great room design with fireplace, huge primary suite, 2nd bedroom suite and home office (could be an 3rd bedroom), are just the beginning. This unit boasts an 8 seat theater room and two balconies, 4 underground assigned parking spaces and two storage lockers. Conveniently located just 15 minutes from downtown Minneapolis but nestled in bucolic Wayzata within walking distance to shops and restaurants and conveniently to Wayzata's yacht clubs and marinas. This is a one of a kind property for a special owner.

Listing Agent

Mary Leizinger

Dwell Realty Partners, LLC Listed on: 07/01/2025

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $23,361

Year Built

  • Built in 2014

HOA Fees

  • $1,837 Monthly HOA Fees

Parking

  • Subterranean Parking
  • Heated Garage
  • Garage Door Opener

Interior Spaces

  • 2,730 Sq Ft Home
  • 1-Story Property
  • Circulating Fireplace
  • Self Contained Fireplace Unit Or Insert
  • Gas Fireplace
  • Family Room with Fireplace
  • Combination Kitchen and Dining Room
  • Utility Room Floor Drain
  • Home Gym
  • Basement

Kitchen

  • Breakfast Bar
  • Built-In Double Oven
  • Cooktop
  • Microwave
  • Dishwasher
  • ENERGY STAR Qualified Appliances
  • Disposal

Bedrooms and Bathrooms

  • 3 Bedrooms

Laundry

  • Laundry on main level
  • Dryer
  • Washer

Home Security

Accessible Home Design

  • Accessible Elevator Installed
  • Grab Bar In Bathroom
  • Lowered Light Switches
  • Accessible Pathway

Outdoor Features

  • Patio

Utilities

  • Forced Air Heating and Cooling System
  • Humidifier
  • Vented Exhaust Fan
  • Underground Utilities
  • Water Filtration System

Listing and Financial Details

  • Assessor Parcel Number 0611722410153

Community Details

Overview

  • Association fees include building exterior, cable TV, controlled access, gas, internet, lawn care, ground maintenance, professional mgmt, sanitation, sewer, shared amenities, snow removal, water
  • First Service Residential Association, Phone Number (612) 277-2700
  • High-Rise Condominium
  • Cic 1991 Regetta Wayzata Bay Resid Subdivision
  • Car Wash Area

Amenities

  • Party Room
  • Lobby

Security

  • Building Security
  • Fire Sprinkler System

Property Details

Home Type

Condominium

Est. Annual Taxes

$23,361

Year Built

Built in 2014

Lot Details

0

HOA Fees

$1,837 per month

Parking

4

Listing Details

  • Type: Residential
  • Property Subtype 1: High Rise
  • Cooling System: Central Air
  • Garage Spaces: 4
  • Accessibility Features: Accessible Elevator Installed, Grab Bars In Bathroom, Door Lever Handles, No Stairs External, Partially Wheelchair, Lowered Switches/Controls
  • Fireplaces: 1
  • Water Source: City Water/Connected
  • Association Amenities: Car Wash, Elevator(s), Fire Sprinkler System, Lobby Entrance, Patio, Security Building
  • Fee Frequency: Monthly
  • Year Built: 2014
  • Above Grade Finished Sq Ft: 2730
  • Unit Levels: One
  • New Construction: No
  • FractionalOwnershipYN: No
  • Special Features: None
  • Property Sub Type: Condos

Interior Features

  • Basement: None
  • Appliances: Chandelier, Cooktop, Dishwasher, Disposal, Double Oven, Dryer, ENERGY STAR Qualified Appliances, Exhaust Fan, Humidifier, Water Filtration System, Microwave, Refrigerator, Wall Oven, Washer
  • Fireplace Features: Circulating, Family Room, Gas, Insert
  • Living Area: 2730
  • Fireplace: Yes
  • Basement YN: Yes
  • Shared Rooms: Amusement/Party Room, Exercise Room, Other

Beds/Baths

  • Full Bathrooms: 1
  • Half Bathrooms: 1
  • Total Bedrooms: 3
  • Three Quarter Bathrooms: 1

Exterior Features

  • PatioPorchType: Other

Garage/Parking

  • Parking Features: Floor Drain, Garage Door Opener, Heated Garage, Underground

Utilities

  • Heating: Forced Air
  • Sewer: City Sewer/Connected
  • LaundryFeatures: Gas Dryer Hookup, Laundry Closet, Main Level, In Unit, Washer Hookup
  • Electric: Circuit Breakers
  • Fuel: Natural Gas
  • Power Company: Xcel Energy

Condo/Co-op/Association

  • HOA Fee Includes: Building Exterior, Cable TV, Controlled Access, Gas, Internet, Lawn Care, Maintenance Grounds, Professional Mgmt, Sanitation, Sewer, Shared Amenities, Snow Removal, Water
  • Phone: 6122772700
  • Association Fee: 1837.06
  • Association: Yes
  • Amenities Unit: Balcony, Cable, Ceiling Fan(s), French Doors, Hardwood Floors, Indoor Sprinklers, Kitchen Center Island, Primary Bedroom Walk-In Closet, Main Floor Primary Bedroom, Tile Floors, Washer/Dryer Hookup, Walk-In Closet

Association/Amenities

  • HOA Management Co: First Service Residential

Schools

  • Junior High Dist: Wayzata
  • SchoolDistrictPhone: 7637455000

Lot Info

  • PropertyAttachedYN: Yes
  • Lot Size: common
  • Land Lease: No
  • Lot Features: Underground Utilities
  • Additional Parcels: No
  • Zoning Description: Residential-Single Family
  • AssessmentPending: No
  • Yearly/Seasonal: Yearly

Tax Info

  • Tax Year: 2025
  • Assessor Parcel Number: 0611722410153
  • Tax Annual Amount: 23361
  • TaxWithAssessments: 23361

Map

Range of Values:

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Value Increase
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Percent Increase
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Adjusted for Inflation
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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
2024 $23,361 $1,911,500 $544,000 $1,367,500
2023 $22,134 $1,889,000 $732,000 $1,157,000
2022 $18,384 $1,509,000 $426,000 $1,083,000
2021 $17,535 $1,373,000 $426,000 $947,000
2020 $18,200 $1,319,000 $390,000 $929,000
2019 $18,267 $1,319,000 $396,000 $923,000
2018 $18,592 $1,319,000 $396,000 $923,000
2017 $18,719 $1,319,000 $396,000 $923,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
12/16/2025 12/16/25 For Sale $2,500,000 0.0% $916 / Sq Ft
10/12/2025 10/12/25 Off Market $2,500,000 -- --
07/01/2025 07/01/25 For Sale $2,500,000 -- $916 / Sq Ft
Source: NorthstarMLS

Purchase History

Date Type Sale Price Title Company
Interfamily Deed Transfer -- None Available
Source: Public Records

Source: NorthstarMLS

MLS Number: 6747029

NorthstarMLS

APN: 06-117-22-41-0153