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875 Lake Street N Unit 402

Wayzata, MN 55391

2 beds
2 baths
2,100 sqft
~2 acre lot
$1,047 per sqft
2015 build
– on site

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 ¾ 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.

Listing courtesy of NORTHSTAR / Elizabeth Ulrich / Compass

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

MLS# 6677138 —

The Building

Year Built:

2015
New Construction:

false
Age Of Property:

10
Construction Materials:

Brick/Stone
Accessibility Features:

Accessible Elevator Installed
Levels:

One
Main Level Finished Area:

2100.0000
Basement:

None
Basement:

false
Foundation Area:

2100
Manufactured Home:

No
Building Area Total:

2100
Above Grade Finished Area:

2100

Interior

Dining Room Description:

Living/Dining Room
Fireplace:

true
Fireplaces Total:

1
Fireplace Features:

Gas, Living Room
Amenities:

Ceiling Fan(s),Hardwood Floors,Primary Bedroom Walk-In Closet,Porch

Room Dimensions

Living Area:

2100

Location

Directions:

Wayzata Boulevard, south on Superior, east on Lake Street to Regatta.
Latitude:

44.968802
Longitude:

-93.506075

The Property

Parcel Number:

0611722410158
Zoning Description:

Residential-Single Family
Property Type:

Residential
Property Subtype:

High Rise
Property Attached:

true
Additional Parcels:

false
Lot Size Area:

1.63
Lot Size Dimensions:

Common
Lot Size SqFt:

71002.8
Lot Size Units:

Acres
Water Source:

City Water/Connected
Land Lease:

false

Listing Agent

Contact info:

Taxes

Tax Year:

2025
Tax Annual Amount:

18340
Tax With Assessments:

18340.0000

Beds

Bedrooms Total:

2

Baths

Total Baths:

2
Bath Description:

3/4 Primary,Double Sink,Private Primary,Main Floor 3/4 Bath,Walk-In Shower Stall
Three Quarter Baths:

2

Heating & Cooling

Heating:

Forced Air
Cooling:

Central Air

Utilities

Sewer:

City Sewer/Connected

Appliances

Appliances:

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

Schools

High School District:

Wayzata

The Community

Subdivision Name:

Cic 1991 Regetta Wayzata Bay Resid
Association:

true
Association Amenities:

Car Wash, Elevator(s), Fire Sprinkler System, Lobby Entrance, Patio
Association Name:

First Service Residential
Association Fee:

1464
Association Fee Includes:

Maintenance Structure, Cable TV, Gas, Internet, Other, Maintenance Grounds, Parking, Professional Mgmt, Trash, Sewer, Shared Amenities, Snow Removal
Association Fee Frequency:

Monthly
Assessment Pending:

No

Parking

Parking Features:

Assigned, Garage Door Opener, Heated Garage, Parking Garage, Underground
Garage Spaces:

2

Monthly cost estimate

Asking price

$2,200,000

Expense	Monthly cost
Mortgage	$11,780
Taxes	$1,528
Insurance	$605
HOA fees	$1,464
Utilities	$113 See report
Total	$15,490/mo.^*
	^*This is an estimate

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Sale history

Date	Event	Source	Price	% Change
5/6/25 May 6, 2025	Listed / Active	NORTHSTAR	$2,200,000	33.3% (8.2% / YR)
4/15/21 Apr 15, 2021		NORTHSTAR	$1,650,000	-5.7%
3/8/21 Mar 8, 2021		NORTHSTAR	$1,750,000

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This condo located in Wayzata, MN 55391 is currently for sale for $2,200,000. 875 Lake Street N Unit 402 is a 2,100 square foot condo with 2 beds and 2 baths that has been on Estately for 4 days. This condo is in the attendance area of Wayzata West Middle School, Wayzata High School, and Gleason Lake Elementary School.

Listing Courtesy of: NORTHSTAR and Compass.

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.