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875 Lake Street N Unit 205

Wayzata, MN 55391

2 beds
2 baths
1,253 sqft
~2 acre lot
$861 per sqft
2015 build
– on site

Two-bedroom/two-bath condo in sought-after Regatta Wayzata Bay. This south facing unit offers views of the great lawn from the private balcony that is equipped with a natural gas BBQ. The kitchen is fitted with Thermador appliances and granite counter tops. The living space is finished with hardwood floors, gas fireplace, and custom cabinetry throughout. The large primary bedroom has a spa-like ensuite with a rain shower, a large walk-in closet, and offers direct access to the private balcony. This unit includes two heated parking spaces accessed via the resident elevator, a car wash, and a separate secure and temperature-controlled storage space. Premier location maximizing the open park view and minimizing the proximity to hotel and restaurants. The Regatta amenities include a controlled access luxury entry, a large second-floor club room that is fully outfitted for private entertaining with an adjacent outdoor garden space with a fireplace and separate fire pit with a sitting area. There is a workout room and a 5th-floor club room with outdoor fire pits and views of Lake Minnetonka. Main floor dog wash. Whether a full or part-time resident, the Regatta offers secure maintenance-free living in the heart of the Wayzata shopping and restaurant district.

Listing courtesy of NORTHSTAR / Jeff Martineau / Coldwell Banker Realty

Last checked: Checking… • Last updated Jan 8, 2025 •

MLS# 6644608 —

The Building

Year Built:

2015
New Construction:

false
Age Of Property:

10
Construction Materials:

Brick/Stone, Metal Siding, Stucco
Construction Materials Desc:

Concrete
Roof:

Asphalt, Flat
Accessibility Features:

Accessible Elevator Installed, No Stairs Internal
Levels:

One
Main Level Finished Area:

1253.0000
Basement:

None
Basement:

false
Foundation Area:

1253
Manufactured Home:

No
Building Area Total:

1253
Above Grade Finished Area:

1253

Interior

Dining Room Description:

Breakfast Bar,Informal Dining Room
Fireplaces Total:

1
Fireplace Features:

Living Room
Amenities:

Balcony,Ceiling Fan(s),Hardwood Floors,Kitchen Center Island,Primary Bedroom Walk-In Closet,Main Floor Primary Bedroom,Tile Floors,Washer/Dryer Hookup

Room Dimensions

Living Area:

1253

Location

Directions:

Downtown Wayzata, corner of Lake St and Superior. Enter just east on Lake Street
Latitude:

44.96887
Longitude:

-93.50605

The Property

Parcel Number:

0611722410120
Zoning Description:

Residential-Single Family
Property Type:

Residential
Property Subtype:

High Rise
Property Attached:

true
Additional Parcels:

false
Lot Features:

Public Transit (w/in 6 blks), Tree Coverage - Light
Lot Size Area:

1.63
Lot Size Dimensions:

irregular
Lot Size SqFt:

71002.8
Lot Size Units:

Acres
Road Frontage Type:

City Street
Road Responsibility:

Public Maintained Road
Water Source:

City Water/Connected
Land Lease:

false

Listing Agent

Contact info:

Taxes

Tax Year:

2024
Tax Annual Amount:

11894
Tax With Assessments:

11893.9400

Beds

Bedrooms Total:

2

Baths

Total Baths:

2
Bath Description:

Full Primary,Private Primary,Main Floor 3/4 Bath,Primary Walk-Thru
Full Baths:

1
Three Quarter Baths:

1

Heating & Cooling

Heating:

Forced Air
Cooling:

Central Air

Utilities

Electric:

Circuit Breakers
Sewer:

City Sewer/Connected

Appliances

Appliances:

Cooktop, Dishwasher, Disposal, Dryer, Exhaust Fan, Microwave, Other, Refrigerator, Wall Oven, Washer

Schools

High School District:

Wayzata

The Community

Subdivision Name:

Cic 1991 Regetta Wayzata Bay R
Pool Features:

None
Association:

true
Association Amenities:

Car Wash, Common Garden, Concrete Floors & Walls, Elevator(s), Patio
Association Name:

First Service Residential
Association Fee:

863
Association Fee Includes:

Air Conditioning, Maintenance Structure, Cable TV, Gas, Hazard Insurance, Heating, Internet, Lawn Care, Maintenance Grounds, Professional Mgmt, Trash, Snow Removal
Association Fee Frequency:

Monthly
Assessment Pending:

No

Parking

Parking Features:

Assigned, Attached Garage, Covered, Garage Door Opener, Heated Garage, Insulated Garage, Paved, Underground
Garage Spaces:

2

Monthly cost estimate

Asking price

$1,080,000

Expense	Monthly cost
Mortgage	$5,783
Taxes	$991
Insurance	$297
HOA fees	$863
Utilities	$113 See report
Total	$8,047/mo.^*
	^*This is an estimate

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Sale history

Date	Event	Source	Price	% Change
1/6/25 Jan 6, 2025	Listed / Active	NORTHSTAR	$1,080,000	30.1% (8.4% / YR)
6/1/21 Jun 1, 2021		NORTHSTAR	$830,000	-3.5%
4/8/21 Apr 8, 2021		NORTHSTAR	$860,000

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This condo located in Wayzata, MN 55391 is currently for sale for $1,080,000. 875 Lake Street N Unit 205 is a 1,253 square foot condo with 2 beds and 2 baths that has been on Estately for 15 days. This condo is in the attendance area of Gleason Lake Elementary School, Wayzata West Middle School, and Wayzata High School.

Listing Courtesy of: NORTHSTAR and Coldwell Banker Realty.

Estately, Inc. is not a Multiple Listing Service (MLS), nor does it offer MLS access. This website is a service of Thomas Rehman, a licensed Real Estate Broker in the state of Minnesota, and a broker Participant of the Regional Multiple Listing Service of Minnesota, Inc. Information deemed reliable but not guaranteed.

©2025 Regional Multiple Listing Service of Minnesota, Inc. All Rights Reserved. Information deemed reliable but not guaranteed. Property data presented reflects information otherwise available from public records. The REALTOR® providing this information may not have represented the buyer or seller in some or all of the transactions.

The information included in this listing is provided exclusively for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. The information on each listing is furnished by the owner and deemed reliable to the best of his/her knowledge, but should be verified by the purchaser. RMLS and Estately, Inc. assume no responsibility for typographical errors, misprints or misinformation. This property is offered without respect to any protected classes in accordance with the law.

Open house information subject to change without notice.

Based on information submitted to the MLS GRID. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.