875 Lake Street N, 401, Wayzata, MN 55391 (MLS# 7138371)


$2,975,000
875 Lake Street N, 401
Wayzata, MN 55391
MLS# 7138371
3 beds  |  4 baths  |  2871 sqft


875 Lake Street N, 401, Wayzata, MN 55391
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875 Lake Street N, 401, Wayzata, MN 55391 Beautiful open kitchen with spacious center island, stainless steel appliances, and tons of natural light. Beautiful open kitchen with spacious center island, stainless steel appliances, and tons of natural light. Oversized windows with west facing views Stainless steel appliances and an abundance of storage throughout Additional prep space for a coffee station or additional counter space Large center island with room for barstool seating Open floor plan that flows between rooms Informal dining space off the kitchen with access to one of the balconies Balcony off the kitchen with west facing views Enjoy the walls of windows allowing in tons of natural light Gather and entertain in this spacious living room, featuring a striking gas fireplace, detailed coffered ceiling, expansive windows, and ample seating. 875 Lake Street N, 401, Wayzata, MN 55391 Sophisticated yet comfortable, this inviting living room combines beautiful architectural details Plenty of spaces for seating and entertaining Beautiful floor to ceiling stone wall with access to the office 875 Lake Street N, 401, Wayzata, MN 55391 Step into the luxurious primary bedroom with access to the second balcony facing west Second balcony off of the primary bedroom with access from the second bedroom as well Main floor primary bathroom with walk-in closet and separate tub and walk-in shower 875 Lake Street N, 401, Wayzata, MN 55391 Primary bedroom walk-in closet with organizational components Second bedroom with access to the balcony Second bedroom with en-suite 3/4 bathroom with a walk-in shower 875 Lake Street N, 401, Wayzata, MN 55391 Main floor laundry room with sink and lots of storage space 875 Lake Street N, 401, Wayzata, MN 55391 Inviting entryway with access to the upper level Upper level family room that could be a 3rd bedroom Beautiful gas fireplace and room for seating in this upper level Mini kitchen in the upper level with refrigerator, sink, and lots of storage Wall of windows and sliding door with access to the oversized third balcony 875 Lake Street N, 401, Wayzata, MN 55391 Take in the west facing views in this large walk-out balcony Easily entertain, peak at Lake Minnetonka, and enjoy the privacy North and West views from this corner of the balcony 875 Lake Street N, 401, Wayzata, MN 55391 875 Lake Street N, 401, Wayzata, MN 55391 875 Lake Street N, 401, Wayzata, MN 55391 875 Lake Street N, 401, Wayzata, MN 55391 875 Lake Street N, 401, Wayzata, MN 55391 875 Lake Street N, 401, Wayzata, MN 55391 Second floor club room with full kitchen and access to the courtyard Second floor club room with full kitchen and access to the courtyard Second floor club room with full kitchen and access to the courtyard Second floor club room with full kitchen and access to the courtyard Fifth floor club room with kitchen and rooftop balcony 875 Lake Street N, 401, Wayzata, MN 55391 875 Lake Street N, 401, Wayzata, MN 55391 Nearby the award winning shops, dining, and Lake Minnetonka Nearby the award winning shops, dining, and Lake Minnetonka Nearby the award winning shops, dining, and Lake Minnetonka

Property Description
Welcome to this impressive two-story condo at Regatta Unit 401, one of the few two-story residences in the building. Ideally located in a highly sought-after community near the award-winning shops and dining of downtown Wayzata and the shores of Lake Minnetonka. This exceptional corner unit offers spacious living, beautiful natural light, and outstanding indoor and outdoor entertaining spaces. Step inside and be greeted by an inviting open floor plan. The chef's kitchen features stainless steel appliances, a large center island with barstool seating, and abundant cabinet and counter space. Just beyond, the dining area opens to the first of several west-facing balconies, creating a seamless connection to the outdoors. The spacious living room is filled with natural light and features elegant coffered ceilings, a gas fireplace, and plenty of room for comfortable seating and entertaining. The luxurious primary suite offers private access to a second west-facing balcony and a spa-like ensuite bathroom complete with dual sinks, a separate soaking tub, a walk-in shower, and an impressive walk-in closet. A second bedroom on the main level also provides balcony access and has a three-quarter bathroom. The upper level offers exceptional flexibility and could serve as a third bedroom, family room, or additional entertaining space. Complete with a second gas fireplace and another bathroom, this level opens to an extraordinary 47'x18' private balcony with sweeping west and north facing views. The main level also includes a dedicated office that could serve as an additional bedroom, along with a spacious laundry room featuring a sink and abundant storage. Residents of Regatta enjoy access to exceptional amenities, including an exercise room and two club rooms, all while being just moments from the vibrant shops, acclaimed dining, scenic trails, and waterfront lifestyle of downtown Wayzata and Lake Minnetonka.

Details
Maps
Documents
Contract Information
Status: Active
Contingency: None
Current Price: 2975000
Original List Price: 2975000
ListPrice: 2975000
List Date: 2026-09-04
Owner is an Agent?: Yes
Auction?: No
General Property Information
Assoc Mgmt Co. Phone #: 952-277-2700
Association Fee Frequency: Monthly
Association Mgmt Co. Name: First Service Residential
Common Wall: Yes
Lot Measurement: Acres
Manufactured Home?: No
Multiple PIDs?: No
New Development: No
Number of Fireplaces: 2
Waterfront YN: No
Year Built: 2015
Yearly/Seasonal: Yearly
Zoning: Residential-Single Family
Bedrooms: 3
Baths Total: 4
Bath Full: 1
Bath Three Quarters: 1
Bath Half: 2
Main Floor Total SqFt: 2314
Above Grd Total SqFt: 2871
Total SqFt: 2871
Total Finished Sqft: 2836.00
FireplaceYN: Yes
Style: (CC) High Rise (4+ Levels)
Foundation Size: 2314
Association Fee: 2047
Garage Stalls: 3
Lot Dimensions: Common
Acres: 1.63
Assessment Pending: No
Location Tax and Other Information
House Number: 875
Street Name: Lake
Street Suffix: Street
Street Direction Suffix: N
Unit Number: 401
Postal City: Wayzata
County: Hennepin
State: MN
Zip Code: 55391
Complex/Dev/Subdivision: Cic 1991 Regetta Wayzata Bay Resid
Assessments
Tax With Assessments: 34971
Building Information
Finished SqFt Above Ground: 2836
Lease Details
Land Leased: Not Applicable
Miscellaneous Information
Homestead: Yes
Ownership
Fractional Ownership: No
Parking Characteristics
Garage Stall ID#: 62, 63, 64
Public Survey Info
Range#: 22
Section#: 06
Township#: 117
Property Features
Accessible: Accessible Elevator Installed
Air Conditioning: Central Air
Amenities Shared: Elevator(s); Lobby; Other
Amenities Unit: Balcony; French Doors; Hardwood Floors; Indoor Sprinklers; Kitchen Center Island; Kitchen Window; Main Floor Primary Bedroom; Panoramic View; Primary Bedroom Walk-In Closet; Tile Floors; Walk-In Closet; Wet Bar; Other
Appliances: Cooktop; Dishwasher; Double Oven; Dryer; Microwave; Range; Refrigerator; Washer
Association Fee Includes: Cable TV; Gas; Internet; Lawn Care; Outside Maintenance; Parking Space; Professional Mgmt; Sanitation; Shared Amenities; Snow Removal; Water
Basement: None
Bath Description: Double Sink; Main Floor 1/2 Bath; Main Floor 3/4 Bath; Main Floor Full Bath; Upper Level 1/2 Bath; Full Primary; Private Primary; Bathroom Ensuite; Separate Tub & Shower; Walk Thru; Walk-In Shower Stall
Construction Status: Previously Owned
Dining Room Description: Eat In Kitchen; Informal Dining Room; Kitchen/Dining Room; Living/Dining Room
Exterior: Brick/Stone
Family Room Characteristics: 2 or More; 2 Story/High/Vaulted Ceilings; Family Room; Main Level
Fireplace Characteristics: Family Room; Gas Burning; Living Room
Foundation: Poured Concrete
Fuel: Natural Gas
Heating: Forced Air
Laundry: Laundry Room; Main Level; Sink
Parking Characteristics: Assigned; Heated Garage; Secured; Storage
Road Frontage: City Street; Curbs; Paved Streets; Sidewalks
Road Responsibility: Public Maintained Road
Roof: Age Over 8 Years
Sellers Terms: Cash; Conventional
Sewer: City Sewer/Connected
Shared Rooms: Community Room; Exercise Room
Special Search: All Living Facilities on One Level; Main Floor Bedroom; Main Floor Laundry; Main Floor Primary; Primary Bdr Suite
Stories: Two
Water: City Water/Connected
Room Information
Room Name Dimensions Level
Bar/Wet Bar RoomUpper
Deck47x18Upper
Deck13x6Main
Deck13x6Main
Dining Room12x16Main
First (1st) Bedroom12x17Main
Kitchen12x27Main
Laundry10x8Main
Living Room14x28Main
Second (2nd) Bedroom13x10Main
Office13x11Main
Third (3rd) Bedroom17x14Upper

Listing Office: Compass

Last Updated: September - 04 - 2026

The data relating to real estate for sale on this web site comes in part from the Broker Reciprocity SM Program of the Regional Multiple Listing Service of Minnesota, Inc. The information provided is deemed reliable but not guaranteed. Properties subject to prior sale, change or withdrawal. ©2026 Regional Multiple Listing Service of Minnesota, Inc All rights reserved.

Saturday 10th of October 2026 02:14 PM

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