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$2,250,000 Just Listed

  • For Sale
  • Active
  • Condo
  • 2 Beds
  • 1 Full Bath
  • 2 Partial Baths
  • 2,235 Sq. Ft.
  • 4 Car Garage
  • Updated 6 hours ago
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A rare opportunity to own a recently updated corner residence at The Regatta, with 2 bedrooms plus a den, 3 baths, 2 private patios and four heated underground garage spaces. Located in the heart of downtown Wayzata, this is a home designed to be enjoyed. The two expansive private patios provide 600+ square feet of private outdoor living, open directly to the residents-only courtyard, offering a rare amount of space for dining, lounging and entertaining. The party room is conveniently located just across the courtyard. The residence is filled with exceptional natural light and features hardwood floors, a gas fireplace and an elegant open layout. The spacious gourmet kitchen is designed for both everyday living and entertaining, featuring stainless steel appliances, a wine refrigerator and an expansive center island. The luxurious primary suite offers two walk-in closets and a spa-like bath with heated floors, soaking tub and glass-enclosed shower. The secondary bedroom features an ensuite 3/4 bath and direct outdoor access. The entire condo has been freshly painted, including enameled woodwork, with new carpet and updated lighting throughout. The versatile den adapts to your needs, with a custom Murphy bed that easily transforms the space from a home office or reading room into a comfortable guest suite or additional living area. Regatta amenities include two club rooms with kitchens, a private courtyard with fire features, fifth-floor viewing deck, fitness center, library, meeting space, package room, car wash, dog wash, outdoor fire pits and gas grills. An exceptional opportunity to enjoy luxury, privacy and an unparalleled downtown Wayzata lifestyle.

Full Property Details for 875 Lake St N #220

General

  • Price: $2,250,000
  • HOA FEE: $1,665/month
  • Taxes: $24,822 (2026)
  • Status: Active
  • Type: Condo
  • Source: NorthStarMLS_RMLS
  • MLS ID: 7153225
  • Updated: Today (10/9/2026)
  • Added to Site: Today

Interior

  • Fireplace: Yes
  • Number of Fireplaces: 1
  • Fireplace(s): Gas, Living Room
  • Appliances: Cooktop, Dishwasher, Disposal, Double Oven, Dryer, Exhaust Fan, Freezer, Water Filtration System, Microwave, Range, Refrigerator, Stainless Steel Appliances, Wall Oven, Washer, Wine Cooler

Rooms

Bathrooms

  • Total Bathrooms: 3
  • Full Bathrooms: 1
  • 3/4 Bathrooms: 1
  • Half Bathrooms: 1

Bedrooms

  • Total Bedrooms: 2

Other Rooms

  • Dining Room: Breakfast Bar, Living/Dining Room
  • Formal Dining Room: Breakfast Bar, Living/Dining Room
  • Laundry: Laundry Room, Main Level, In Unit, Laundry Room, Main Level, In Unit

Additional Information

  • Amenities: Cable, Hardwood Floors, Indoor Sprinklers, Kitchen Center Island, Kitchen Window, Primary Bedroom Walk-In Closet, Main Floor Primary Bedroom, Natural Woodwork, Patio, Tile Floors, Washer/Dryer Hookup, Walk-In Closet
  • Shared Amenities: Car Wash, Common Garden, Elevator(s), Fire Sprinkler System, Lobby Entrance, Other, Patio

Exterior

  • Porch/Patio/Deck: Patio

Parking

  • Garage: Yes
  • Attached garage: Yes
  • Garage Spaces: 4
  • Parking Features: Assigned, Attached Garage, Garage Door Opener, Heated Garage, Parking Garage, Secured, Storage, Underground

Location

  • County: Hennepin
  • Township: Wayzata
  • Subdivision: Cic 1991 Regetta Wayzata Bay Resid
  • Driving Directions: Entrance is on Lake Street

School Information

  • School District: 284 - Wayzata
  • High School District: Wayzata

Community

  • Association: Yes
  • Assoc. Name: First Service Residential
  • Assoc. Fees Include: Building Exterior, Cable TV, Controlled Access, Gas, Heating, Internet, Lawn Care, Maintenance Grounds, Parking, Professional Management, Recreation Facility, Sanitation, Sewer, Shared Amenities, Snow Removal, Water

Heating & Cooling

  • Central air: Yes
  • Cooling Type: Central Air
  • Heating Type: Forced Air
  • Heating Fuel: Natural Gas

Utilities

  • Sewer: City Sewer Connected
  • Water: City Water (Connected)

Structural Information

  • Foundation Size: 2235
  • Roof: Age Over 8 Years
  • Disability Access: Accessible Elevator Installed
  • Square Feet: 2,235
  • Above Ground: 2,235 Sq. Ft.
  • Finished Down/Base.: 2,235 Sq. Ft.
  • Year Built: 2015

Lot Features

  • Lot Size (Acres): 1.63
  • Lot Dimensions: Common
  • Zoning: Residential-Single Family

Financial Considerations

  • Association Fee: $1,665
  • Assoc Fee Freq.: Monthly
  • Tax Amount: $24,822
  • Tax Year: 2026
  • Terms: Conventional, Cash

Disclosures and Reports

  • Legal Description: CIC NO 1991 REGETTA WAYZATA BAY RESID UNIT NO 220
  • Property ID: 611722410135
Buyer's Brokerage Compensation: Contact Listing Agent
Not binding unless confirmed by separate agreement among applicable parties.

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— 875 Lake St N #220 —

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Schools serving 875 Lake St N #220

School District:Wayzata Public School District
NameGradesDistance
Gleason Lake Elementary School
310 County Road 101, Plymouth, MN 55447
K-50.9 mi
Wayzata West Middle School
149 Barry Avenue North, Wayzata, MN 55391
6-80.8 mi
Wayzata High School
4955 Peony Lane North, Plymouth, MN 55446
9-125.3 mi
Disclaimer: School attendance boundaries provided by ATTOM Data Solutions and are for reference only. Contact the school directly to verify enrollment eligibility.

Price & Sales History for 875 Lake St N #220 Get Price Alerts and Save Property

Date
Details
Price
Change
Source
10/09/2026
Listed
$2,250,000
12.5%
MLS
10/08/2024
Sold
$2,000,000
—
Public Record
Get Price Alerts and Save Property
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.

Tax History for 875 Lake St N #220

Year
Property Taxes
Change
Tax Assessment
Change
2025
$24,822
5%
$1,969,700
1%
2024
$23,744
10%
$1,941,500
6%
2023
$21,504
21%
$1,837,700
23%
2023
$17,794
—
$1,493,000
8%
2023
$17,794
3%
$1,379,000
10%
2020
$17,228
13%
$1,253,000
12%
2019
$15,281
-2%
$1,117,000
—
2018
$15,552
-1%
$1,117,000
—
2017
$15,652
—
$1,117,000
—
Disclaimer: Historical tax information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.

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875 Lake Street N #220, Wayzata, MN 55391 (MLS# 7153225) is a Condo property with 2 bedrooms, 1 full bathroom and 2 partial bathrooms. 875 Lake Street N #220 is currently listed for $2,250,000 and was received on October 09, 2026. This property is listed by Allison Watt from our Wayzata Office.Want to learn more about 875 Lake Street N #220? Do you have questions about finding other Condo real estate for sale in Wayzata? You can browse all Wayzata real estate or contact a Coldwell Banker agent to request more information.

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