875 Lake St N Unit 402 Wayzata, MN 55391
Wayzata NeighborhoodEstimated payment $15,189/month
Total Views
151
2
Beds
2
Baths
2,100
Sq Ft
$1,048
Price per Sq Ft
Highlights
- 71,003 Sq Ft lot
- Elevator
- 1-Story Property
- Gleason Lake Elementary School Rated A
- Patio
- Forced Air Heating and Cooling System
About This Home
Luxury living in the heart of charming downtown Wayzata! Welcome to #402 at The Regatta, a premier top-floor residence in one of Wayzata’s most coveted condo communities. Bathed in natural light, this spacious and elegantly designed unit features wide-plank hardwood floors, custom built-ins, stone finishes, and upscale touches throughout. The open-concept living space flows effortlessly to a generous balcony, ideal for morning coffee or evening cocktails. Gourmet entertaining is made easy with high-end appliances and dual wine refrigerators perfectly positioned near the dining area. A versatile flex space offers the perfect setting for a home office or cozy reading nook. The serene primary suite boasts a private balcony, a walk-in closet, and a sleek bath with spa-inspired finishes. Additional highlights include two dedicated parking stalls (67 & 68), a storage locker, and access to exceptional building amenities, including two stylish clubrooms, a fully equipped fitness center, and a beautifully landscaped courtyard. All of this located just steps from Wayzata’s vibrant dining scene, boutique shopping, lakeside activities, and year-round community events on the shores of Lake Minnetonka.
Property Details
Home Type
- Condominium
Est. Annual Taxes
- $18,340
Year Built
- Built in 2015
HOA Fees
- $1,464 Monthly HOA Fees
Parking
- 2 Car Garage
- Heated Garage
- Garage Door Opener
Home Design
- Flex
Interior Spaces
- 2,100 Sq Ft Home
- 1-Story Property
- Living Room with Fireplace
- Combination Dining and Living Room
Kitchen
- Built-In Oven
- Cooktop
- Microwave
- Dishwasher
- Wine Cooler
- Disposal
Bedrooms and Bathrooms
- 2 Bedrooms
- 2 Bathrooms
Laundry
- Dryer
- Washer
Home Security
Additional Features
- Patio
- Forced Air Heating and Cooling System
Listing and Financial Details
- Assessor Parcel Number 0611722410158
Community Details
Overview
- Association fees include maintenance structure, cable TV, gas, internet, ground maintenance, parking, professional mgmt, trash, sewer, shared amenities, snow removal
- First Service Residential Association, Phone Number (952) 277-2700
- High-Rise Condominium
- Cic 1991 Regetta Wayzata Bay Resid Subdivision
- Car Wash Area
Additional Features
- Elevator
- Fire Sprinkler System
Map
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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 | $17,862 | $1,653,900 | $805,200 | $848,700 |
| 2022 | $15,488 | $1,289,000 | $469,000 | $820,000 |
| 2021 | $14,072 | $1,185,000 | $469,000 | $716,000 |
| 2020 | $13,858 | $1,108,000 | $429,000 | $679,000 |
| 2019 | $18,535 | $1,057,000 | $385,000 | $672,000 |
| 2018 | $19,006 | $1,358,000 | $313,000 | $1,045,000 |
| 2017 | $19,660 | $1,358,000 | $313,000 | $1,045,000 |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 05/06/2025 05/06/25 | For Sale | $2,200,000 | -- | $1,048 / Sq Ft |
Source: NorthstarMLS
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Warranty Deed | $1,650,000 | Edina Realty Title Inc |
Source: Public Records
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Open | $1,320,000 | New Conventional |
Source: Public Records
Similar Homes in Wayzata, MN
Source: NorthstarMLS
MLS Number: 6677138
APN: 06-117-22-41-0158
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