Incredible two story unit with Main floor living and spacious loft! Regatta is located in the heart of charming downtown Wayzata. This top-floor unit boasts 3,025 square feet of refined living space, featuring two spacious bedrooms (loft is third bedroom), four luxurious bathrooms and three deck/balcony spaces. Delight in the plantation shutters, gleaming hardwood floors, and built-in speakers that grace this home throughout. The primary suite features a stylish 3/4 bath and a spacious walk-in closet, along with access to a private balcony. Exiting the primary bedroom, you'll step into the heart of the home—a gracious kitchen and living room that blends design style with functionality. The kitchen is equipped with top-notch appliances and custom cabinets, making it a perfect spot for culinary adventures. Adjacent to this space is the living room with a charming gas burning fireplace that is perfect for entertaining. Nearby, a private office provides a quiet retreat for work or study. The second bedroom is tucked away on the main living space offering private space for guests or personal use. Ascend to the upstairs loft (or 3rd bedroom/studio) is an entertainer’s dream, featuring a mini kitchen and direct access to a charming deck. This residence includes the exceptional convenience of four parking stalls in the heated, underground garage, as well as a spacious storage unit. Walk to the variety of exciting restaurants and shops throughout Wayzata, enjoy the nearby trails, community events, and Lake Minnetonka.
Closed
$2,650,000
875 Lake St N APT 409, Wayzata, MN 55391
3beds
3,025sqft
High Rise
Built in 2015
-- sqft lot
$2,650,100 Zestimate®
$876/sqft
$6,325 Estimated rent
Home value
$2,650,100
$2.44M - $2.89M
$6,325/mo
Zestimate® history
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List your homeWhat's special
Gleaming hardwood floorsGas burning fireplaceSpacious loftPrivate officePlantation shuttersLuxurious bathroomsPrimary suite
Zillow last checked:
Listing updated:
Listed by:
Elizabeth C Ulrich 612-964-7184,
Compass,
Chelsey Danielson 612-327-1193
Bought with:
Elizabeth C Ulrich
Compass
Source: NorthstarMLS as distributed by MLS GRID,MLS#: 6700064
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 3
- Bathrooms: 4
- 3/4 bathrooms: 2
- 1/2 bathrooms: 2
Bedroom
- Level: Main
- Area: 210 Square Feet
- Dimensions: 15x14
Bedroom 2
- Level: Main
- Area: 210 Square Feet
- Dimensions: 15x14
Bedroom 3
- Level: Upper
- Area: 456 Square Feet
- Dimensions: 24x19
Dining room
- Level: Main
- Area: 135 Square Feet
- Dimensions: 9x15
Informal dining room
- Level: Main
- Area: 144 Square Feet
- Dimensions: 9x16
Kitchen
- Level: Main
- Area: 304 Square Feet
- Dimensions: 19x16
Laundry
- Level: Main
- Area: 90 Square Feet
- Dimensions: 10x9
Living room
- Level: Main
- Area: 225 Square Feet
- Dimensions: 15x15
Office
- Level: Main
- Area: 121 Square Feet
- Dimensions: 11x11
Patio
- Level: Upper
- Area: 384 Square Feet
- Dimensions: 24x16
Heating
- Forced Air
Cooling
- Central Air
Appliances
- Included: Cooktop, Dishwasher, Disposal, Dryer, Exhaust Fan, Microwave, Refrigerator, Stainless Steel Appliance(s), Wall Oven, Washer
- Laundry: Laundry Room, Main Level, Sink, In Unit
Features
- Basement: None
- Number of fireplaces: 1
- Fireplace features: Gas, Living Room
Interior area
- Total structure area: 3,025
- Total interior livable area: 3,025 sqft
- Finished area above ground: 3,025
- Finished area below ground: 0
Property
Parking
- Total spaces: 4
- Parking features: Assigned, Garage Door Opener, Heated Garage, Garage, Underground
- Garage spaces: 4
- Has uncovered spaces: Yes
Accessibility
- Accessibility features: Accessible Elevator Installed
Features
- Levels: Two
- Stories: 2
Lot
- Size: 1.63 Acres
Details
- Foundation area: 2611
- Parcel number: 0611722410165
- Zoning description: Residential-Single Family
Construction
Type & style
- Home type: Condo
- Property subtype: High Rise
- Attached to another structure: Yes
Materials
- Roof: Flat
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
- Services included: Maintenance Structure, Cable TV, Gas, Internet, Maintenance Grounds, Parking, Professional Mgmt, Sanitation, Sewer, Shared Amenities, Snow Removal, Water
- HOA fee: $2,086 monthly
- HOA name: First Service Residential
- HOA phone: 952-277-2700
Location
- Region: Wayzata
Financial & listing details
- Price per square foot: $876/sqft
- Tax assessed value: $2,475,300
- Annual tax amount: $28,423
- Date on market: 4/9/2025
- Cumulative days on market: 151 days
Price history
| Date | Event | Price |
|---|---|---|
| 7/31/2025 | Sold | $2,650,000-4.5%$876/sqft |
Source:  NorthstarMLS as distributed by MLS GRID #6700064 Report a problem | ||
| 6/6/2025 | Pending sale | $2,775,000$917/sqft |
Source: NorthstarMLS as distributed by MLS GRID #6700064 Report a problem | ||
| 5/22/2025 | Price change | $2,775,000-3.5%$917/sqft |
Source: NorthstarMLS as distributed by MLS GRID #6700064 Report a problem | ||
| 4/9/2025 | Listed for sale | $2,875,000-4%$950/sqft |
Source: NorthstarMLS as distributed by MLS GRID #6700064 Report a problem | ||
| 4/9/2025 | Listing removed | $2,995,000$990/sqft |
Source: NorthstarMLS as distributed by MLS GRID #6620850 Report a problem | ||
| 1/3/2025 | Listed for sale | $2,995,000+64.1%$990/sqft |
Source: NorthstarMLS as distributed by MLS GRID #6620850 Report a problem | ||
| 12/30/2020 | Sold | $1,825,000-15.1%$603/sqft |
Source: NorthstarMLS as distributed by MLS GRID #5635640 Report a problem | ||
| 8/26/2016 | Sold | $2,150,000$711/sqft |
Source: NorthstarMLS as distributed by MLS GRID #4768172 Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $28,424 -2.3% | $2,475,300 +0.4% |
| 2024 | $29,103 +14.6% | $2,466,500 -6.2% |
| 2023 | $25,403 -2.1% | $2,629,200 +21.1% |
| 2022 | $25,957 +6.1% | $2,171,000 +13.4% |
| 2021 | $24,475 +59.2% | $1,915,000 +3.6% |
| 2020 | $15,373 -37.2% | $1,849,000 +59.3% |
| 2019 | $24,475 +59.2% | $1,161,000 -38.6% |
| 2018 | $15,373 -43.3% | $1,891,000 |
| 2017 | $27,099 | $1,891,000 |
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
$2,650,100
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Estimated market value
$2,650,100
- Minnesota
- Hennepin County
- Wayzata
- 55391
- 875 Lake St N Apartment 409
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