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.
Closed
$2,100,000
875 Lake St N APT 402, Wayzata, MN 55391
2beds
2,100sqft
High Rise
Built in 2015
-- sqft lot
$2,099,900 Zestimate®
$1,000/sqft
$3,863 Estimated rent
Home value
$2,099,900
$1.93M - $2.29M
$3,863/mo
Zestimate® history
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$14,838/mo
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List your homeWhat's special
Shores of lake minnetonkaWide-plank hardwood floorsSpa-inspired finishesTop-floor residenceUpscale touchesBeautifully landscaped courtyardHome office
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#: 6677138
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 2
- Bathrooms: 2
- 3/4 bathrooms: 2
Bedroom
- Level: Main
- Area: 208 Square Feet
- Dimensions: 16x13
Bedroom 2
- Level: Main
- Area: 195 Square Feet
- Dimensions: 15x13
Dining room
- Level: Main
- Area: 216 Square Feet
- Dimensions: 18x12
Flex room
- Level: Main
- Area: 180 Square Feet
- Dimensions: 15x12
Kitchen
- Level: Main
- Area: 180 Square Feet
- Dimensions: 12x15
Living room
- Level: Main
- Area: 216 Square Feet
- Dimensions: 18x12
Heating
- Forced Air
Cooling
- Central Air
Appliances
- Included: Cooktop, Dishwasher, Disposal, Dryer, Exhaust Fan, Microwave, Other, Refrigerator, Wall Oven, Washer, Wine Cooler
- Laundry: Laundry Room, Sink, In Unit
Features
- Basement: None
- Number of fireplaces: 1
- Fireplace features: Gas, Living Room
Interior area
- Total structure area: 2,100
- Total interior livable area: 2,100 sqft
- Finished area above ground: 2,100
- 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
Lot
- Size: 1.63 Acres
Details
- Foundation area: 2100
- Parcel number: 0611722410158
- 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: 2015
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, Other, Maintenance Grounds, Parking, Professional Mgmt, Sanitation, Sewer, Shared Amenities, Snow Removal, Water
- HOA fee: $1,464 monthly
- HOA name: First Service Residential
- HOA phone: 952-277-2700
Location
- Region: Wayzata
Financial & listing details
- Price per square foot: $1,000/sqft
- Tax assessed value: $1,672,000
- Annual tax amount: $18,340
- Date on market: 5/6/2025
- Cumulative days on market: 27 days
Price history
| Date | Event | Price |
|---|---|---|
| 7/25/2025 | Sold | $2,100,000-4.5%$1,000/sqft |
Source:  NorthstarMLS as distributed by MLS GRID #6677138 Report a problem | ||
| 6/3/2025 | Pending sale | $2,200,000$1,048/sqft |
Source: NorthstarMLS as distributed by MLS GRID #6677138 Report a problem | ||
| 5/6/2025 | Listed for sale | $2,200,000+33.3%$1,048/sqft |
Source: NorthstarMLS as distributed by MLS GRID #6677138 Report a problem | ||
| 4/15/2021 | Sold | $1,650,000-5.7%$786/sqft |
Source: NorthstarMLS as distributed by MLS GRID #5719670 Report a problem | ||
| 3/8/2021 | Pending sale | $1,750,000$833/sqft |
Source: NorthstarMLS as distributed by MLS GRID #5719670 Report a problem | ||
| 3/8/2021 | Listed for sale | $1,750,000$833/sqft |
Source: NorthstarMLS as distributed by MLS GRID #5719670 Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $18,341 +2.7% | $1,672,000 +2.7% |
| 2024 | $17,862 +22.7% | $1,628,300 -1.5% |
| 2023 | $14,561 -6% | $1,653,900 +28.3% |
| 2022 | $15,488 +10.1% | $1,289,000 +8.8% |
| 2021 | $14,072 +1.5% | $1,185,000 +6.9% |
| 2020 | $13,858 -1.5% | $1,108,000 +4.8% |
| 2019 | $14,072 +1.5% | $1,057,000 -22.2% |
| 2018 | $13,858 -27.1% | $1,358,000 |
| 2017 | $19,006 | $1,358,000 |
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
$2,099,900
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Estimated market value
$2,099,900
- Minnesota
- Hennepin County
- Wayzata
- 55391
- 875 Lake St N Apartment 402
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