Step into luxury living with this stunning corner unit at Regatta, featuring floor-to-ceiling windows and an expansive wraparound balcony spanning over 550 square feet, perfect for summertime entertaining. The bright, open-concept layout is designed for both elegance and comfort, showcasing premium finishes including rich hardwood floors and high-end appliances. The spacious living and dining areas are ideal for gatherings, while a flexible bonus space offers the perfect spot for a home office or reading nook. Off the kitchen, a private grilling balcony provides convenience for the avid cook or summer host. The generous primary suite is a true retreat, offering dual vanities, a lighted makeup station, a luxurious soaking tub, separate glass-enclosed shower, and a large walk-in closet. A well-appointed second bedroom includes its own ¾ en-suite bath.
Additional features include two heated parking stalls, a private storage locker, and access to Regatta’s exclusive amenities: two stylish club rooms, a fully equipped fitness center, and a serene common courtyard. Located just steps from the best of Wayzata and its renowned dining, boutique shopping, lakefront parks, trails, community concerts, and beautiful Lake Minnetonka. This unit delivers an unbeatable lifestyle!
Closed
$2,275,000
875 Lake St N APT 201, Wayzata, MN 55391
2beds
2,370sqft
High Rise
Built in 2014
-- sqft lot
$2,281,100 Zestimate®
$960/sqft
$4,694 Estimated rent
Home value
$2,281,100
$2.10M - $2.49M
$4,694/mo
Zestimate® history
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List your homeWhat's special
Rich hardwood floorsPremium finishesSerene common courtyardCorner unitFloor-to-ceiling windowsBright open-concept layoutWell-appointed second bedroom
Zillow last checked:
Listing updated:
Listed by:
Elizabeth C Ulrich 612-964-7184,
Compass,
Chelsey Danielson 612-327-1193
Bought with:
Elizabeth P Vogt
Coldwell Banker Realty
Source: NorthstarMLS as distributed by MLS GRID,MLS#: 6734067
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 2
- Bathrooms: 3
- Full bathrooms: 1
- 3/4 bathrooms: 1
- 1/2 bathrooms: 1
Bedroom
- Level: Main
- Area: 252 Square Feet
- Dimensions: 21x12
Bedroom 2
- Level: Main
- Area: 176 Square Feet
- Dimensions: 16x11
Dining room
- Level: Main
- Area: 198 Square Feet
- Dimensions: 18x11
Flex room
- Level: Main
- Area: 99 Square Feet
- Dimensions: 11x9
Kitchen
- Level: Main
- Area: 308 Square Feet
- Dimensions: 22x14
Living room
- Level: Main
- Area: 448 Square Feet
- Dimensions: 28x16
Heating
- Forced Air
Cooling
- Central Air
Appliances
- Included: Cooktop, Dishwasher, Disposal, Dryer, Exhaust Fan, Microwave, Refrigerator, Stainless Steel Appliance(s), Wall Oven, Washer, Wine Cooler
- Laundry: Laundry Room, In Unit
Features
- Basement: None
- Number of fireplaces: 1
- Fireplace features: Gas, Living Room
Interior area
- Total structure area: 2,370
- Total interior livable area: 2,370 sqft
- Finished area above ground: 2,370
- Finished area below ground: 0
Property
Parking
- Total spaces: 2
- Parking features: Assigned, Garage Door Opener, Heated Garage, Garage, Underground
- Garage spaces: 2
- Has uncovered spaces: Yes
Accessibility
- Accessibility features: Accessible Elevator Installed
Features
- Levels: One
- Stories: 1
- Patio & porch: Wrap Around
Lot
- Size: 1.63 Acres
Details
- Foundation area: 2370
- Parcel number: 0611722410116
- Zoning description: Residential-Single Family
Construction
Type & style
- Home type: Condo
- Property subtype: High Rise
- Attached to another structure: Yes
Condition
- New construction: No
- Year built: 2014
Utilities & green energy
- Gas: Natural Gas
- Sewer: City Sewer/Connected
- Water: City Water/Connected
Community & HOA
Community
- Security: Fire Sprinkler System
- Subdivision: Cic 1991 Regetta Wayzata Bay Resid
HOA
- Has HOA: Yes
- Amenities included: Car Wash, Elevator(s), Fire Sprinkler System, Lobby Entrance, Patio
- Services included: Maintenance Structure, Cable TV, Gas, Internet, Lawn Care, Maintenance Grounds, Parking, Professional Mgmt, Sanitation, Sewer, Shared Amenities, Snow Removal, Water
- HOA fee: $1,639 monthly
- HOA name: First Service Residential
- HOA phone: 612-277-2700
Location
- Region: Wayzata
Financial & listing details
- Price per square foot: $960/sqft
- Tax assessed value: $2,172,300
- Annual tax amount: $26,372
- Date on market: 6/13/2025
- Cumulative days on market: 78 days
Price history
| Date | Event | Price |
|---|---|---|
| 9/29/2025 | Sold | $2,275,000-3.2%$960/sqft |
Source:  NorthstarMLS as distributed by MLS GRID #6734067 Report a problem | ||
| 8/30/2025 | Pending sale | $2,350,000$992/sqft |
Source: NorthstarMLS as distributed by MLS GRID #6734067 Report a problem | ||
| 7/23/2025 | Price change | $2,350,000-2.1%$992/sqft |
Source: NorthstarMLS as distributed by MLS GRID #6734067 Report a problem | ||
| 6/13/2025 | Listed for sale | $2,400,000+9.1%$1,013/sqft |
Source: NorthstarMLS as distributed by MLS GRID #6734067 Report a problem | ||
| 6/20/2023 | Sold | $2,200,000$928/sqft |
Source: NorthstarMLS as distributed by MLS GRID #6363003 Report a problem | ||
| 5/22/2023 | Pending sale | $2,200,000$928/sqft |
Source: NorthstarMLS as distributed by MLS GRID #6363003 Report a problem | ||
| 5/10/2023 | Listed for sale | $2,200,000+87.2%$928/sqft |
Source: NorthstarMLS as distributed by MLS GRID #6363003 Report a problem | ||
| 2/2/2018 | Sold | $1,175,000$496/sqft |
Source: NorthstarMLS as distributed by MLS GRID #4876580 Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $26,372 +19.2% | $2,172,300 +1.2% |
| 2024 | $22,120 +31.7% | $2,147,000 +13.7% |
| 2023 | $16,798 -6.8% | $1,887,900 +28.3% |
| 2022 | $18,026 +7.5% | $1,471,000 +8% |
| 2021 | $16,767 +1.8% | $1,362,000 +4.8% |
| 2020 | $16,465 -1.8% | $1,300,000 +5.2% |
| 2019 | $16,767 +1.8% | $1,236,000 -3.7% |
| 2018 | $16,465 -7.9% | $1,284,000 |
| 2017 | $17,882 | $1,284,000 |
Find assessor info on the county website
Neighborhood: 55391
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Nearby schools
GreatSchools rating
- 9/10Gleason Lake Elementary SchoolGrades: K-5Distance: 0.9 mi
- 9/10Wayzata West Middle SchoolGrades: 6-8Distance: 0.8 mi
- 10/10Wayzata High SchoolGrades: 9-12Distance: 5.3 mi
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Estimated market value
$2,281,100
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Estimated market value
$2,281,100
- Minnesota
- Hennepin County
- Wayzata
- 55391
- 875 Lake St N Apartment 201
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