875 Lake St N Unit 409 Wayzata, MN 55391
Estimated payment $19,958/month
Highlights
- 71,003 Sq Ft lot
- Main Floor Primary Bedroom
- Elevator
- Gleason Lake Elementary School Rated A
- Home Office
- Stainless Steel Appliances
About This Home
Incredible two story unit with Main floor living and spacious loft! Regatta is located in the heart of charming downtown Wayzata. This top-floor unit boasts 3,025 square feet of refined living space, featuring two spacious bedrooms (loft is third bedroom), four luxurious bathrooms and three deck/balcony spaces. Delight in the plantation shutters, gleaming hardwood floors, and built-in speakers that grace this home throughout. The primary suite features a stylish 3/4 bath and a spacious walk-in closet, along with access to a private balcony. Exiting the primary bedroom, you'll step into the heart of the home—a gracious kitchen and living room that blends design style with functionality. The kitchen is equipped with top-notch appliances and custom cabinets, making it a perfect spot for culinary adventures. Adjacent to this space is the living room with a charming gas burning fireplace that is perfect for entertaining. Nearby, a private office provides a quiet retreat for work or study. The second bedroom is tucked away on the main living space offering private space for guests or personal use. Ascend to the upstairs loft (or 3rd bedroom/studio) is an entertainer’s dream, featuring a mini kitchen and direct access to a charming deck. This residence includes the exceptional convenience of four parking stalls in the heated, underground garage, as well as a spacious storage unit. Walk to the variety of exciting restaurants and shops throughout Wayzata, enjoy the nearby trails, community events, and Lake Minnetonka.
Property Details
Home Type
- Condominium
Est. Annual Taxes
- $28,424
Year Built
- Built in 2015
HOA Fees
- $2,086 Monthly HOA Fees
Parking
- 4 Car Garage
- Heated Garage
- Garage Door Opener
Home Design
- Flat Roof Shape
Interior Spaces
- 3,025 Sq Ft Home
- 2-Story Property
- Living Room with Fireplace
- Dining Room
- Home Office
Kitchen
- Built-In Oven
- Cooktop
- Microwave
- Dishwasher
- Stainless Steel Appliances
- Disposal
Bedrooms and Bathrooms
- 3 Bedrooms
- Primary Bedroom on Main
Laundry
- Dryer
- Washer
Home Security
Additional Features
- Patio
- Forced Air Heating and Cooling System
Listing and Financial Details
- Assessor Parcel Number 0611722410165
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
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 | $29,103 | $2,629,200 | $878,400 | $1,750,800 |
| 2022 | $25,957 | $2,171,000 | $511,000 | $1,660,000 |
| 2021 | $24,475 | $1,915,000 | $511,000 | $1,404,000 |
| 2020 | $15,373 | $1,849,000 | $468,000 | $1,381,000 |
| 2019 | $26,427 | $1,161,000 | $385,000 | $776,000 |
| 2018 | $27,099 | $1,891,000 | $473,000 | $1,418,000 |
| 2017 | $28,031 | $1,891,000 | $473,000 | $1,418,000 |
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 06/06/2025 06/06/25 | Pending | -- | -- | -- |
| 05/22/2025 05/22/25 | Price Changed | $2,775,000 | -3.5% | $917 / Sq Ft |
| 04/09/2025 04/09/25 | For Sale | $2,875,000 | -- | $950 / Sq Ft |
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Warranty Deed | $1,825,000 | Edina Realty Title Inc | |
| Deed | $2,150,000 | Edina Realty Title Inc | |
| Deed | $1,825,000 | -- |
Source: NorthstarMLS
MLS Number: 6700064
APN: 06-117-22-41-0165
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