Ready to go 2 bedroom/2 bath at The Regatta in the heart of downtown Wayzata. 2nd floor unit with terrace patio access, real wood floors and totally turn key. 2 underground parking spots plus storage unit in the building. Walk to everything: lakefront, restaurants & shopping out your doorstep. Next door to the Landings Hotel for easy guest accommodations. Make Life Simple @ The Regatta.
Closed
$975,000
875 Lake St N APT 216, Wayzata, MN 55391
2beds
1,175sqft
(CC) Low Rise (3- Levels)
Built in 2014
-- sqft lot
$975,500 Zestimate®
$830/sqft
$2,161 Estimated rent
Home value
$975,500
$907,000 - $1.04M
$2,161/mo
Zestimate® history
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Zillow last checked:
Listing updated:
Listed by:
Lori P Schneck 612-868-4230,
Coldwell Banker Realty
Bought with:
Patrick Morgan
Coldwell Banker Realty
Michelle L Skott Morgan
Source: NorthstarMLS as distributed by MLS GRID,MLS#: 6792316
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 2
- Bathrooms: 2
- 3/4 bathrooms: 2
Bedroom
- Level: Main
- Area: 144 Square Feet
- Dimensions: 12 x 12
Bedroom 2
- Level: Main
- Area: 90 Square Feet
- Dimensions: 10 x 9
Kitchen
- Level: Main
- Area: 255 Square Feet
- Dimensions: 17 x 15
Living room
- Level: Main
- Area: 225 Square Feet
- Dimensions: 15 x 15
Heating
- Forced Air
Cooling
- Central Air
Appliances
- Included: Dishwasher, Disposal, Exhaust Fan, Humidifier, Microwave, Refrigerator, Stainless Steel Appliance(s), Washer, Wine Cooler
- Laundry: Laundry Closet
Features
- Basement: None
- Has fireplace: No
Interior area
- Total structure area: 1,175
- Total interior livable area: 1,175 sqft
- Finished area above ground: 1,175
- Finished area below ground: 0
Property
Parking
- Total spaces: 2
- Parking features: Heated Garage, Garage
- Garage spaces: 2
Accessibility
- Accessibility features: No Stairs Internal
Features
- Levels: One
- Stories: 1
- Patio & porch: Patio, Terrace
Lot
- Size: 1.63 Acres
Details
- Foundation area: 1175
- Parcel number: 0611722410131
- Zoning description: Residential-Multi-Family
Construction
Type & style
- Home type: Condo
- Property subtype: (CC) Low Rise (3- Levels)
- Attached to another structure: Yes
Condition
- New construction: No
- Year built: 2014
Utilities & green energy
- Electric: Power Company: Xcel 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: Fire Sprinkler System, Lobby Entrance, Other, Security Building
- Services included: Maintenance Structure, Cable TV, Gas, Hazard Insurance, Internet, Lawn Care, Other, Maintenance Grounds, Parking, Professional Mgmt, Sanitation, Security System, Sewer, Shared Amenities, Snow Removal, Water
- HOA fee: $819 monthly
- HOA name: First Service Residential
- HOA phone: 952-277-2700
Location
- Region: Wayzata
Financial & listing details
- Price per square foot: $830/sqft
- Tax assessed value: $1,042,000
- Annual tax amount: $11,211
- Date on market: 9/28/2025
- Cumulative days on market: 183 days
- Road surface type: Paved
Price history
| Date | Event | Price |
|---|---|---|
| 5/1/2026 | Sold | $975,000-2.5%$830/sqft |
Source:  NorthstarMLS as distributed by MLS GRID #6792316 Report a problem | ||
| 4/1/2026 | Pending sale | $1,000,000$851/sqft |
Source: NorthstarMLS as distributed by MLS GRID #6792316 Report a problem | ||
| 9/29/2025 | Listed for sale | $1,000,000+17%$851/sqft |
Source: NorthstarMLS as distributed by MLS GRID #6792316 Report a problem | ||
| 12/9/2021 | Sold | $855,000+0.6%$728/sqft |
Source: NorthstarMLS as distributed by MLS GRID #6120670 Report a problem | ||
| 11/11/2021 | Pending sale | $850,000+51.5%$723/sqft |
Source: NorthstarMLS as distributed by MLS GRID #6120670 Report a problem | ||
| 5/8/2015 | Sold | $561,094$478/sqft |
Source: Public Record Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $11,211 +19.4% | $1,042,000 +0.6% |
| 2024 | $9,388 +27.4% | $1,035,700 +12.7% |
| 2023 | $7,369 -4.5% | $918,700 +30.5% |
| 2022 | $7,714 +11.6% | $704,000 +9.5% |
| 2021 | $6,912 -15.2% | $643,000 +7.5% |
| 2020 | $8,148 +17.9% | $598,000 -10.1% |
| 2019 | $6,912 -15.2% | $665,000 +25.7% |
| 2018 | $8,148 +26.9% | $529,000 |
| 2017 | $6,420 | $529,000 |
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
$975,500
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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
$975,500
- Minnesota
- Hennepin County
- Wayzata
- 55391
- 875 Lake St N Apartment 216
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