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  • $1,000,000

    875 Lake St N APT 205, Wayzata, MN 55391

    2beds
    1,253sqft
    (CC) High Rise (4+ Levels)
    Built in 2015
    -- sqft lot
    $1,020,800 Zestimate®
    $798/sqft
    $3,246 Estimated rent

    Home value

    $1,020,800

    $939,000 - $1.11M

    $3,246/mo

    Zestimate® history
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    What's special

    Gas fireplaceHardwood floorsSouth facing unitSpa-like ensuiteThermador appliancesGranite counter topsCustom cabinetry
    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.

    Zillow last checked:

    Listing updated:

    Listed by:

    Jeff Martineau 952-210-2626,

    Coldwell Banker Realty

    Bought with:

    Isaac Johnson

    Keller Williams Realty Integrity Lakes

    Source: NorthstarMLS as distributed by MLS GRID,MLS#: 6699321MLS Logo

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 2
    • Bathrooms: 2
    • Full bathrooms: 1
    • 3/4 bathrooms: 1
    Bedroom
    • Level: Main
    • Area: 168 Square Feet
    • Dimensions: 14x12
    Bedroom 2
    • Level: Main
    • Area: 100 Square Feet
    • Dimensions: 10x10
    Kitchen
    • Level: Main
    • Area: 285 Square Feet
    • Dimensions: 19x15
    Living room
    • Level: Main
    • Area: 240 Square Feet
    • Dimensions: 16x15
    Heating
    • Forced Air
    Cooling
    • Central Air
    Appliances
    • Included: Cooktop, Dishwasher, Disposal, Dryer, Exhaust Fan, Microwave, Other, Refrigerator, Wall Oven, Washer
    Features
    • Basement: None
    • Number of fireplaces: 1
    • Fireplace features: Living Room
    Interior area
    • Total structure area: 1,253
    • Total interior livable area: 1,253 sqft
    • Finished area above ground: 1,253
    • Finished area below ground: 0

    Property

    Parking
    • Total spaces: 2
    • Parking features: Assigned, Attached, Covered, Garage Door Opener, Heated Garage, Insulated Garage, Paved Lot, Underground
    • Attached garage spaces: 2
    • Has uncovered spaces: Yes
    Accessibility
    • Accessibility features: Accessible Elevator Installed, No Stairs Internal
    Features
    • Levels: One
    • Stories: 1
    • Pool features: None
    Lot
    • Size: 1.63 Acres
    • Features: Near Public Transit, Tree Coverage - Light
    Details
    • Foundation area: 1253
    • Parcel number: 0611722410120
    • Zoning description: Residential-Single Family

    Construction

    Type & style
    • Home type: Condo
    • Property subtype: (CC) High Rise (4+ Levels)
    • Attached to another structure: Yes
    Materials
    • Concrete
    • Roof: Asphalt,Flat
    Condition
    • New construction: No
    • Year built: 2015

    Utilities & green energy

    • Electric: Circuit Breakers
    • Gas: Natural Gas
    • Sewer: City Sewer/Connected
    • Water: City Water/Connected

    Community & HOA

    Community
    • Subdivision: Cic 1991 Regetta Wayzata Bay R
    HOA
    • Has HOA: Yes
    • Amenities included: Car Wash, Common Garden, Concrete Floors & Walls, Elevator(s), Patio
    • Services included: Air Conditioning, Maintenance Structure, Cable TV, Gas, Hazard Insurance, Heating, Internet, Lawn Care, Maintenance Grounds, Professional Mgmt, Sanitation, Snow Removal
    • HOA fee: $863 monthly
    • HOA name: First Service Residential
    • HOA phone: 952-277-2700
    Location
    • Region: Wayzata

    Financial & listing details

    • Price per square foot: $798/sqft
    • Tax assessed value: $1,059,100
    • Annual tax amount: $11,893
    • Date on market: 4/8/2025
    • Cumulative days on market: 195 days

    Price history

    DateEventPrice
    8/7/2025Sold$1,000,000-7.4%$798/sqft
    Source: NorthstarMLS as distributed by MLS GRID #6699321 Report a problem
    7/21/2025Pending sale$1,080,000$862/sqft
    Source: NorthstarMLS as distributed by MLS GRID #6699321 Report a problem
    4/8/2025Listed for sale$1,080,000$862/sqft
    Source: NorthstarMLS as distributed by MLS GRID #6699321 Report a problem
    4/7/2025Listing removed$1,080,000$862/sqft
    Source: NorthstarMLS as distributed by MLS GRID #6644608 Report a problem
    1/6/2025Listed for sale$1,080,000-3.1%$862/sqft
    Source: NorthstarMLS as distributed by MLS GRID #6644608 Report a problem
    12/28/2024Listing removed--
    Source: Owner Report a problem
    11/20/2024Listed for sale$1,115,000+34.3%$890/sqft
    Source: Owner Report a problem
    6/1/2021Sold$830,000-3.5%$662/sqft
    Source: NorthstarMLS as distributed by MLS GRID #5667605 Report a problem
    4/8/2021Pending sale$860,000$686/sqft
    Source: NorthstarMLS as distributed by MLS GRID #5667605 Report a problem
    10/5/2020Listed for sale$860,000+13.2%$686/sqft
    Source: Lakes Sotheby's International Realty #5667605 Report a problem
    8/1/2018Sold$760,000-4.4%$607/sqft
    Source: NorthstarMLS as distributed by MLS GRID #4945506 Report a problem
    6/11/2018Pending sale$795,000$634/sqft
    Source: Lakes Sotheby's International Realty #4945506 Report a problem
    4/27/2018Listed for sale$795,000$634/sqft
    Source: Lakes Sotheby's International Realty #4945506 Report a problem

    Public tax history

    YearProperty taxesTax assessment
    2025$12,401 +4.3%$1,059,100 +0.5%
    2024$11,894 +22.7%$1,054,300 +0.1%
    2023$9,692 -2.5%$1,053,600 +23.7%
    2022$9,941 +8.4%$852,000 +9%
    2021$9,174 -0.6%$782,000 +7.1%
    2020$9,228 +0.6%$730,000 +2.8%
    2019$9,174 -0.6%$710,000 +16.8%
    2018$9,228 +16.9%$608,000
    2017$7,892 $608,000
    Find assessor info on the county website

    Neighborhood: 55391

    Nearby schools

    GreatSchools rating
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    Estimated market value
    $1,020,800
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    Estimated market value
    $1,020,800