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  • $3,850,000

    275 Lake St E Unit 301, Wayzata, MN 55391

    2beds
    3,200sqft
    (CC) Low Rise (3- Levels)
    Built in 2019
    -- sqft lot
    $3,920,100 Zestimate®
    $1,203/sqft
    $6,536 Estimated rent

    Home value

    $3,920,100

    $3.61M - $4.27M

    $6,536/mo

    Zestimate® history
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    What's special

    Great room fireplaceWaterfall islandWhite oak hardwood flooringSpa-inspired bathOversized laundry roomCorner unitSoaring ceilings
    Experience luxury lakeside living in this exquisite top-floor corner unit at Wayzata Blu, an exclusive 18-residence boutique building in downtown Wayzata. Designed by MartinPatrick3, this stunning home offers breathtaking Lake Minnetonka views and a 586 SF private terrace, perfect for entertaining or relaxing. Soaring ceilings and floor-to-ceiling windows flood the space with natural light. A four-panel accordion door with phantom screens seamlessly connects indoor and outdoor living. The gourmet kitchen showcases custom cabinetry, Thermador appliances, quartz countertops, a waterfall island, walk-in pantry, and bar area. An impressive great room fireplace with a mantel is framed by a quartz surround, floating shelves, and under-cabinet lighting. The owner's suite offers spectacular lake views, terrace access, and a spa-inspired bath with a jetted soaking tub, walk-in shower, double vanity, make-up area, and dual walk-in closets. The bath also features a window with lake views. The guest bedroom includes a ¾ bath and large closet. The office/den, featuring built-in cabinetry, a wood ladder, window bench, and barn door, can easily convert to a third bedroom. Both rooms offer expansive windows. White oak hardwood flooring and high-end lighting elevate the home's elegance. Additional highlights include an oversized laundry room with custom built-in storage, a sophisticated powder room, and a spacious foyer with a locker system and ample storage. A generous storage room doubles as a private workout space. The Elan home management system provides seamless control of climate, media, lighting, shades, and security. This secured, high-quality building features concrete construction and metal stud framing for durability and soundproofing. Two main-level heated parking spots including built-in storage. Just steps from Lake Minnetonka, enjoy walkable access to upscale dining, boutique shopping, and entertainment. Urban convenience meets serene lakeside living without the maintenance.

    Zillow last checked:

    Listing updated:

    Listed by:

    Stickney Real Estate – David Stickney 952-250-0122,

    Coldwell Banker Realty,

    Stickney Real Estate – George Stickney

    Bought with:

    Amy Albert

    Edina Realty, Inc.

    Source: NorthstarMLS as distributed by MLS GRID,MLS#: 6698773MLS Logo

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 2
    • Bathrooms: 3
    • Full bathrooms: 1
    • 3/4 bathrooms: 1
    • 1/2 bathrooms: 1
    Bedroom
    • Level: Main
    • Area: 270 Square Feet
    • Dimensions: 18x15
    Bedroom 2
    • Level: Main
    • Area: 195 Square Feet
    • Dimensions: 15x13
    Other
    • Level: Main
    • Area: 66 Square Feet
    • Dimensions: 11x6
    Den
    • Level: Main
    • Area: 195 Square Feet
    • Dimensions: 15x13
    Dining room
    • Level: Main
    • Area: 201.5 Square Feet
    • Dimensions: 15.5x13
    Kitchen
    • Level: Main
    • Area: 209 Square Feet
    • Dimensions: 19x11
    Living room
    • Level: Main
    • Area: 399.75 Square Feet
    • Dimensions: 20.5x19.5
    Patio
    • Level: Main
    • Area: 910 Square Feet
    • Dimensions: 65x14
    Sitting room
    • Level: Main
    • Area: 117 Square Feet
    • Dimensions: 13x9
    Heating
    • Forced Air
    Cooling
    • Central Air
    Appliances
    • Included: Cooktop, Dishwasher, Disposal, Double Oven, Dryer, Exhaust Fan, Humidifier, Water Filtration System, Microwave, Refrigerator, Stainless Steel Appliance(s), Wall Oven, Washer, Water Softener Owned, Wine Cooler
    • Laundry: Laundry Room, Main Level, In Unit
    Features
    • Basement: None
    • Number of fireplaces: 1
    • Fireplace features: Gas, Living Room
    Interior area
    • Total structure area: 3,391
    • Total interior livable area: 3,200 sqft
    • Finished area above ground: 3,200
    • Finished area below ground: 0

    Property

    Parking
    • Total spaces: 2
    • Parking features: Assigned, Attached, Garage Door Opener, Heated Garage, Garage
    • Attached garage spaces: 2
    • Has uncovered spaces: Yes
    Accessibility
    • Accessibility features: Accessible Elevator Installed
    Features
    • Levels: One
    • Stories: 1
    • Patio & porch: Terrace
    • Has view: Yes
    • View description: East, Lake, Panoramic, South, West
    • Has water view: Yes
    • Water view: Lake
    • Waterfront features: Lake View
    Lot
    • Size: 0.74 Acres
    Details
    • Foundation area: 3391
    • Parcel number: 0611722320047
    • Zoning description: Residential-Single Family

    Construction

    Type & style
    • Home type: Condo
    • Property subtype: (CC) Low Rise (3- Levels)
    • Attached to another structure: Yes
    Materials
    • Roof: Age 8 Years or Less,Flat
    Condition
    • New construction: No
    • Year built: 2019

    Utilities & green energy

    • Gas: Natural Gas
    • Sewer: City Sewer/Connected
    • Water: City Water/Connected

    Community & HOA

    Community
    • Security: Fire Sprinkler System, Security Lights
    • Subdivision: Wayzata Blu
    HOA
    • Has HOA: Yes
    • Amenities included: Concrete Floors & Walls, Elevator(s), Fire Sprinkler System, Lobby Entrance, Other, Security Building, Security Lighting
    • Services included: Maintenance Structure, Controlled Access, Hazard Insurance, Lawn Care, Maintenance Grounds, Parking, Professional Mgmt, Sanitation, Shared Amenities, Snow Removal
    • HOA fee: $1,269 monthly
    • HOA name: Gassen
    • HOA phone: 952-922-5575
    Location
    • Region: Wayzata

    Financial & listing details

    • Price per square foot: $1,203/sqft
    • Tax assessed value: $3,585,100
    • Annual tax amount: $42,305
    • Date on market: 4/11/2025
    • Cumulative days on market: 322 days
    • Road surface type: Paved

    Price history

    DateEventPrice
    6/30/2025Sold$3,850,000-3.6%$1,203/sqft
    Source: NorthstarMLS as distributed by MLS GRID #6698773 Report a problem
    6/14/2025Pending sale$3,995,000$1,248/sqft
    Source: NorthstarMLS as distributed by MLS GRID #6698773 Report a problem
    4/11/2025Listed for sale$3,995,000-4.8%$1,248/sqft
    Source: NorthstarMLS as distributed by MLS GRID #6698773 Report a problem
    4/2/2025Listing removed$4,195,000$1,311/sqft
    Source: NorthstarMLS as distributed by MLS GRID #6645371 Report a problem
    1/6/2025Listed for sale$4,195,000-2.1%$1,311/sqft
    Source: NorthstarMLS as distributed by MLS GRID #6645371 Report a problem
    11/3/2024Listing removed$4,285,000-4.5%$1,339/sqft
    Source: NorthstarMLS as distributed by MLS GRID #6538396 Report a problem
    10/4/2024Price change$4,485,000-6.3%$1,402/sqft
    Source: NorthstarMLS as distributed by MLS GRID #6538396 Report a problem
    7/19/2024Price change$4,785,000-7.9%$1,495/sqft
    Source: NorthstarMLS as distributed by MLS GRID #6538396 Report a problem
    5/29/2024Listed for sale$5,195,000+87.5%$1,623/sqft
    Source: NorthstarMLS as distributed by MLS GRID #6538396 Report a problem
    12/23/2019Sold$2,770,345$866/sqft
    Source: NorthstarMLS as distributed by MLS GRID #4788481 Report a problem

    Public tax history

    YearProperty taxesTax assessment
    2025$42,305 +2.8%$3,585,100 +5.7%
    2024$41,166 +39.4%$3,393,300 -1.4%
    2023$29,522 -1.8%$3,441,800 +42.2%
    2022$30,070 +0.8%$2,421,000 +10.5%
    2021$29,841 +226.7%$2,191,000 +0.2%
    2020$9,133 -69.4%$2,186,000
    2019$29,841 --
    Find assessor info on the county website

    Neighborhood: 55391

    Nearby schools

    GreatSchools rating
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    Estimated market value
    $3,920,100
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    Find out how much your home could sell for in as little as 3 minutes with a no-obligation cash offer.
    Estimated market value
    $3,920,100