$2,500,000

875 Lake St N Unit 318 Wayzata, MN 55391

Estimated payment $17,658/month

2 Beds
2.5 Baths
2,730 Sq Ft
$916 Price per Sq Ft

Highlights

  • Home Theater
  • 71,003 Sq Ft lot
  • Great Room
  • Gleason Lake Elementary School Rated A
  • Deck
  • Home Office

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 and home office are just the beginning. This unit boasts an 8 seat theater room and two balconies, 4 underground assigned parking spaces plus a second bedroom suite. 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

  • 4 Car Garage
  • Heated Garage
  • Garage Door Opener

Interior Spaces

  • 2,730 Sq Ft Home
  • 1-Story Property
  • Self Contained Fireplace Unit Or Insert
  • Entrance Foyer
  • Family Room with Fireplace
  • Great Room
  • Living Room
  • Home Theater
  • Home Office
  • Storage Room
  • Utility Room Floor Drain
  • Basement

Kitchen

  • Built-In Double Oven
  • Cooktop
  • Microwave
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • 2 Bedrooms

Laundry

  • Dryer
  • Washer

Home Security

Outdoor Features

  • Deck
  • Patio

Utilities

  • Forced Air Heating and Cooling System
  • Humidifier
  • Underground Utilities
  • Water Filtration System
  • Satellite Dish

Listing and Financial Details

  • Assessor Parcel Number 0611722410153

Community Details

Overview

  • Association fees include maintenance structure, cable TV, controlled access, gas, internet, lawn care, ground maintenance, 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

$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
  • Fee Frequency: Monthly
  • Year Built: 2014
  • Above Grade Finished Sq Ft: 2730
  • Unit Levels: One
  • New Construction: No
  • FractionalOwnershipYN: No
  • Rental License?: No
  • InternetOptions: Satellite
  • Special Features: VirtualTour
  • 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
  • Dining Room Type: Living Room, Great Room, Bedroom 1, Bedroom 2, Media Room, Office, Deck, Foyer, Primary Bathroom, Storage
  • Shared Rooms: Amusement/Party Room,Exercise Room,Other

Beds/Baths

  • Full Bathrooms: 1
  • Half Bathrooms: 1
  • Total Bedrooms: 2
  • 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
  • Electric: Circuit Breakers
  • Fuel: Natural Gas
  • Power Company: Xcel Energy

Condo/Co-op/Association

  • HOA Fee Includes: Maintenance Structure, Cable TV, Controlled Access, Gas, Internet, Lawn Care, Maintenance Grounds, Professional Mgmt, Trash, Sewer, Shared Amenities, Snow Removal
  • Phone: 612-277-2700
  • Association Fee: 1837
  • 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
  • SchoolDistrictNumber: 284
  • SchoolDistrictPhone: 763-745-5000

Lot Info

  • PropertyAttachedYN: Yes
  • Lot Size: common
  • Lot Size Sq Ft: 71002.8
  • Land Lease: No
  • Lot Features: Underground Utilities
  • 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: 0611722410153
  • Tax Annual Amount: 23361
  • TaxWithAssessments: 23361.0000

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 $22,134 $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 Change Sq Ft Price
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

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Source: NorthstarMLS

MLS Number: 6747029

NorthstarMLS

APN: 06-117-22-41-0153