875 Lake Street N, #401 Wayzata, MN 55391

$2,975,000
Active
estimated monthly payment
3 Beds  |  4 Baths  |  2,836 Sq Ft  |  (CC) High Rise (4+ Levels)  |  MLS # 7138371
  • Welcome to Regatta #401
    Welcome to Regatta #401
  • 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.
  • 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
    Oversized windows with west facing views
  • Stainless steel appliances and an abundance of storage throughout
    Stainless steel appliances and an abundance of storage throughout
  • Additional prep space for a coffee station or additional counter space
    Additional prep space for a coffee station or additional counter space
  • Large center island with room for barstool seating
    Large center island with room for barstool seating
  • Open floor plan that flows between rooms
    Open floor plan that flows between rooms
  • Informal dining space off the kitchen with access to one of the balconies
    Informal dining space off the kitchen with access to one of the balconies
  • Balcony off the kitchen with west facing views
    Balcony off the kitchen with west facing views
  • Enjoy the walls of windows allowing in tons of natural light
    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.
    Gather and entertain in this spacious living room, featuring a striking gas fireplace, detailed coffered ceiling, expansive windows, and ample seating.
  • Great space to entertain or unwind
    Great space to entertain or unwind
  • Sophisticated yet comfortable, this inviting living room combines beautiful architectural details
    Sophisticated yet comfortable, this inviting living room combines beautiful architectural details
  • Plenty of spaces for seating and entertaining
    Plenty of spaces for seating and entertaining
  • Beautiful floor to ceiling stone wall with access to the office
    Beautiful floor to ceiling stone wall with access to the office
  • Dedicated office off the living room
    Dedicated office off the living room
  • Step into the luxurious primary bedroom with access to the second balcony facing west
    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
    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
    Main floor primary bathroom with walk-in closet and separate tub and walk-in shower
  • Primary bathroom walk-in shower
    Primary bathroom walk-in shower
  • Primary bedroom walk-in closet with organizational components
    Primary bedroom walk-in closet with organizational components
  • Second bedroom with access to the balcony
    Second bedroom with access to the balcony
  • Second bedroom with en-suite 3/4 bathroom with a walk-in shower
    Second bedroom with en-suite 3/4 bathroom with a walk-in shower
  • 3/4 Bathroom with walk-in shower
    3/4 Bathroom with walk-in shower
  • Main floor laundry room with sink and lots of storage space
    Main floor laundry room with sink and lots of storage space
  • Main floor half bathroom
    Main floor half bathroom
  • Inviting entryway with access to the upper level
    Inviting entryway with access to the upper level
  • Upper level family room that could be a 3rd bedroom
    Upper level family room that could be a 3rd bedroom
  • Beautiful gas fireplace and room for seating in this upper level
    Beautiful gas fireplace and room for seating in this upper level
  • Mini kitchen in the upper level with refrigerator, sink, and lots of storage
    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
    Wall of windows and sliding door with access to the oversized third balcony
  • Upper level 1/2 bathroom
    Upper level 1/2 bathroom
  • Take in the west facing views in this large walk-out balcony
    Take in the west facing views in this large walk-out balcony
  • Easily entertain, peak at Lake Minnetonka, and enjoy the privacy
    Easily entertain, peak at Lake Minnetonka, and enjoy the privacy
  • North and West views from this corner of the balcony
    North and West views from this corner of the balcony
  • Impressive private rooftop oasis
    Impressive private rooftop oasis
  • Impressive private rooftop oasis
    Impressive private rooftop oasis
  • Aerial view of Regatta
    Aerial view of Regatta
  • Aerial view of Regatta
    Aerial view of Regatta
  • Welcome to Regatta
    Welcome to Regatta
  • Lovely lobby to welcome you in
    Lovely lobby to welcome you in
  • 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
  • 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
    Fifth floor club room with kitchen and rooftop balcony
  • Third floor exercise room
    Third floor exercise room
  • The Spaw for any pet needs
    The Spaw for any pet needs
  • 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
    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

About The Listing

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.


Listing courtesy of Elizabeth C Ulrich, Compass
Purchase Price
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Property Details

Features

 
 
 
Property Type: Single Family
Status: Active
Contingency Type: None
Year Built: 2015
MLS #: 7138371
Bedrooms: 3
Square Feet: 2,836
Bathrooms (Full): 1
Price Per Square Foot: $1,049
Bathrooms (Half) : 2
Bathrooms (Three Quarters) : 1
Garage Spaces: 3
Parking Description: Assigned, Attached Garage, Heated Garage, Parking Garage, Secured, Storage, Underground
Sewer Description: City Sewer/Connected
Air Conditioning Type: Central Air
Water: City Water/Connected
Heat Type: Forced Air, Fireplace(s)
Basement: None
Foundation Type: Poured Concrete
Roof Description: Age Over 8 Years
Days On Market (Continuous): 0
Disability Features: Accessible Elevator Installed
Latest Update: 09/04/2026
List Date: 09/04/2026
Listing Agent ID: 502039827
Listing Office: Compass
Listing Office ID: 49293
Data Source: NorthstarMLS - The Regional MLS of Minnesota
Appliances: Cooktop, Dishwasher, Double Oven, Dryer, Exhaust Fan, Microwave, Range, Refrigerator, Stainless Steel Appliances, Wall Oven, Washer
Fireplace Features: Family Room, Gas, Living Room
Laundry Features: Laundry Room, Main Level, Sink
Number of Fireplaces: 2
Exterior Features: Stone
Lot Size: 1.63 Acres
School District: Wayzata
Tax Year: 2026
HOA: First Service Residential
Estimated Taxes: $34,971
HOA Fee: 2047.0
Contingency Type: None
HOA Frequency: Monthly
HOA Fee Inclusions: Cable TV, Gas, Internet, Lawn Care, Maintenance Grounds, Parking, Professional Mgmt, Sanitation, Sewer, Shared Amenities, Snow Removal, Water
HOA Requirment: 1
City: Wayzata
Zip: 55391
County: Hennepin
Subdivision: Cic 1991 Regetta Wayzata Bay Resid
State: MN

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Listing last updated: 09/04/26

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