Active
$1,080,000

875 Lake Street N #205, Wayzata, MN, 55391

2  Bedrooms2  Bathrooms1,253  Square Feet1.63  Acres
Days on market676
Year built2015
Garage spaces2
Potential $29,400buyer credit when you buy with SODL
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About this home

Two-bedroom/two-bath condo in sought-after Regatta Wayzata Bay. This south facing unit offers views of the great lawn from the private balcony that is equipped with a natural gas BBQ. The kitchen is fitted with Thermador appliances and granite counter tops. The living space is finished with hardwood floors, gas fireplace, and custom cabinetry throughout. The large primary bedroom has a spa-like ensuite with a rain shower, a large walk-in closet, and offers direct access to the private balcony. This unit includes two heated parking spaces accessed via the resident elevator, a car wash, and a separate secure and temperature-controlled storage space. Premier location maximizing the open park view and minimizing the proximity to hotel and restaurants. The Regatta amenities include a controlled access luxury entry, a large second-floor club room that is fully outfitted for private entertaining with an adjacent outdoor garden space with a fireplace and separate fire pit with a sitting area. There is a workout room and a 5th-floor club room with outdoor fire pits and views of Lake Minnetonka. Main floor dog wash. Whether a full or part-time resident, the Regatta offers secure maintenance-free living in the heart of the Wayzata shopping and restaurant district.

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Home facts

Property typeResidential
Property subtypeHigh Rise
Year built2015
LevelsOne
Living area1,253 sqft
Above-grade finished1,253 sqft
Below-grade finished0 sqft
Lot size1.63 acres (irregular)
Days on market676
ListedJan 6, 2025
MLS #NST6644608
CountyHennepin
SubdivisionCic 1991 Regetta Wayzata Bay R
Parcel #0611722410120

Facts & features

Interior

Bedrooms
2
Bathrooms
2
Bath breakdown
1 full / 1 3/4
Heating
Forced Air
Cooling
Central Air
Appliances
Cooktop, Dishwasher, Disposal, Dryer, Exhaust Fan, Microwave, Other, Refrigerator, Wall Oven, Washer

Property

Levels / stories
One
Garage
2 spaces
Parking features
Assigned, Attached Garage, Covered, Garage Door Opener, Heated Garage, Insulated Garage, Paved, Underground
Pool
None
Lot size
1.63 acres
Lot dimensions
irregular

Construction

Property type
Residential
Property subtype
High Rise
Construction materials
Brick/Stone, Metal Siding, Stucco
Foundation
1,253 sqft
Roof
Asphalt, Flat
Year built
2015

Utilities

Water
City Water/Connected
Sewer
City Sewer/Connected
Electric
Circuit Breakers

Community & HOA

Subdivision
Cic 1991 Regetta Wayzata Bay R
HOA
$863/month
HOA name
First Service Residential
HOA phone
952-277-2700
HOA includes
Air Conditioning, Maintenance Structure, Cable TV, Gas, Hazard Insurance, Heating, Internet, Lawn Care, Maintenance Grounds, Professional Mgmt, Trash, Snow Removal
HOA amenities
Car Wash, Common Garden, Concrete Floors & Walls, Elevator(s), Patio

Financial & listing details

Annual tax
$11,894 (2024)
Tax with assessments
11893.9400
Listed
Jan 6, 2025
Days on market
676 · 2 cumulative

Interior details

Total bathrooms2
Full baths1
3/4 baths1
Half baths0
1/4 baths0
BasementNone
HeatingForced Air
CoolingCentral Air
Fireplaces1
AppliancesCooktop, Dishwasher, Disposal, Dryer, Exhaust Fan, Microwave, Other, Refrigerator, Wall Oven, Washer
AccessibilityAccessible Elevator Installed, No Stairs Internal

Exterior & lot

RoofAsphalt, Flat
Foundation area1,253 sqft
Lot featuresPublic Transit (w/in 6 blks), Tree Coverage - Light
Road frontageCity Street
Road responsibilityPublic Maintained Road
ZoningResidential-Single Family

Utilities

Water sourceCity Water/Connected
SewerCity Sewer/Connected

Parking & garage

ParkingAssigned, Attached Garage, Covered, Garage Door Opener, Heated Garage, Insulated Garage, Paved, Underground
Garage spaces2

Financial details

Annual taxes$11,894
Tax year2024
Taxes w/ assessments11893.9400
Assessment pendingNo
HOA fee$863
Lender ownedNo
Short saleNo
ForeclosureNo

Schools

District number284
District phone763-745-5000
High schoolWayzata
SODL flat fee brokerage
$29,400Estimated buyer credit
SODL platform fee $3,000Your buyer credit $29,400

How SODL buyer credits work

When you buy with SODL, the brokerage charges a flat $3,000 platform fee at closing. The remaining buyer-side commission (typically 3% of the purchase price) is credited directly back to you at closing, reducing the cash you bring to the table.

  • Tour homes with SODL’s flexible showing network
  • Submit offers and manage your transaction through the platform
  • Keep more money at closing through transparent flat-fee pricing

A clear, modern way to buy with expert guidance and meaningful savings.

Estimated monthly payment

$7,890/mo
Principal & interest$5,676
Property taxes$991
Home insurance (est.)$360
HOA fees$863
%
$216,000
0%50%
Credit score
Loan term

These payment estimates are for illustration purposes only and may vary based on your lender, interest rate, credit profile, down payment, taxes, insurance, and loan terms. For a more accurate monthly payment estimate, speak with your lender or connect with SODL’s preferred lending partner.

Location

875 Lake Street N #205, Wayzata, MN, 55391

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Listing information

MLS #NST6644608
Last reported MLS statusActive
MLS record updatedJan 8, 2025, 3:30 PM
Originally listedJan 6, 2025, 9:18 PM
Listing officeColdwell Banker Realty

Status reflects the latest MLS record available to SODL, not independently confirmed current availability. Listing information provided courtesy of the MLS. This information is deemed reliable but is not guaranteed.

Based on information submitted to the MLS GRID. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.