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875 Lake Street N 401
Wayzata MN 55391 US

$2,975,000

Active Listing ID 7138371
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3 bed
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2,836 square feet
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4.00 Bath (1 Full , 2 Half)
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Lot: 1.63 Acres
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Condominium

$2,975,000

Active Listing ID 7138371
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875 Lake Street N 401 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.

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Property Features

  • Facts
  • Lot Size: 1.63 Acres
  • Property Type: Residential
  • Property Sub-type: Condominium
  • Features
  • Full Bathrooms: 1
  • 3/4 Bathrooms: 1
  • 1/2 Bathrooms: 2
  • Cooling System: Central Air
  • Exterior Finish: Brick/Stone
  • Heating Fuels: Forced Air, Fireplace(s)
  • Additional Features
  • Fireplace

Property

  • propertytype: Residential
  • propertysubtype: Condominium
  • listprice: 2975000
  • unparsedaddress: 875 Lake Street N
  • unitnumber: 401
  • postalcity: Wayzata
  • stateorprovince: MN
  • country: US
  • postalcode: 55391
  • bathroomsfull: 1
  • bathroomshalf: 2
  • bathroomsonequarter: 0
  • bathroomsthreequarter: 1
  • lotsizeacres: 1.63
  • lotsizeunits: Acres
  • lotsizearea: 1.63
  • livingarea: 2836
  • livingareaunits: Square Feet
  • latitude: 44.968802
  • longitude: -93.506075
  • listagentfullname: Elizabeth C Ulrich
  • listagentemail: beth.ulrich@compass.com
  • listagentkey: 3yd-RMLSMN-45213
  • listagentmlsid: 45213
  • listagentpreferredphone: (952) 213-1631
  • listofficekey: 3yd-RMLSMN-12874
  • listofficemlsid: 12874
  • disclaimer: Copyright © 2026 Northstar MLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
  • sourcesystemid: RMLSMN
  • yearbuilt: 2015
  • listingcontractdate: 2026-09-04
  • listagenturl: https://www.compass.com
  • countyorparish: Hennepin
  • parcelnumber: 0611722410157
  • highschooldistrict: Wayzata
  • appliances: Cooktop, Dishwasher, Double Oven, Dryer, Exhaust Fan/Hood, Microwave, Range, Refrigerator, Stainless Steel Appliances, Wall Oven, Washer
  • cooling: Central Air
  • heating: Forced Air, Fireplace(s)
  • fireplaceyn: True
  • transactiontype: ForSale
  • storiestotal: 0
  • parkingtotal: 0
  • parkingfeatures: Assigned, Garage, Garage - Attached, Secured
  • waterfrontyn: False
  • franchiseaffiliation: None
  • exteriorfeatures: Brick/Stone
  • rooms: Bathroom 2, Bathroom 3, Bedroom 1, Bedroom 2, Bedroom 3, Bathroom 4, Bathroom 1
  • accessibilityfeatures: Accessible Elevator Installed
  • dock: False
  • poolprivateyn: False
  • spayn: False
  • internetaddressdisplayyn: True
  • internetautomatedvaluationdisplayyn: False
  • internetconsumercommentyn: False
  • location: -93.50607, 44.968803
  • customfields: {"AdditionalInformation":{}, "AlternatePrices":[], "BrokerName":"Compass Minnesota, LLC", "BuilderEmail":null, "BuilderFax":null, "BuilderPhone":null, "City":null, "Country":null, "CustomSourceId":null, "Expenses":[], "GeocodeOptions":null, "LeadRoutingEmail":"beth.ulrich@compass.com", "ListBrokerageCity":"St Louis Park", "ListBrokerageCountry":"US", "ListBrokerageEmail":"support@compass.com", "ListBrokerageLogoUrl":null, "ListBrokerageName":"Compass Minnesota, LLC", "ListBrokeragePhone":"(952) 213-1631", "ListBrokeragePostalCode":"55416-1443", "ListBrokerageStateOrProvince":"MN", "ListBrokerageUnitNumber":null, "ListBrokerageUnparsedAddress":"1600 Utica Ave S", "ListBrokerageWebsiteUrl":"https://www.compass.com", "ListOfficeAddress1":"401 Lake St E ", "ListOfficeAddress2":null, "ListOfficeBrokerMlsId":"12874", "ListOfficeCity":"Wayzata", "ListOfficeCountry":"US", "ListOfficeEmail":"Linda.rogers@compass.com", "ListOfficePostalCode":"55391", "ListOfficeStateOrProvince":"MN", "ListPriceCurrencyType":"USD", "ListingTitle":"Residential, Wayzata, MN", "ListingURL":"https://www.realtor.com/realestateandhomes-detail/875-Lake-St-N-Apt-401_Wayzata_MN_55391_M74755-87534?f=listhub&s=RMLSMN&m=7138371&c=rexren", "MLSModificationTimestamp":"2026-09-04 20:31:38", "Neighborhoods":[{"Description":null, "Name":"Cic 1991 Regetta Wayzata Bay Resid"}], "PostalCode":null, "RoomCount":null, "StateOrProvince":null, "Taxes":[{"TaxAnnualAmount":34971, "TaxDescription":null, "TaxYear":"2026"}], "UnitNumber":null, "UnparsedAddress":null}
Listing Changed: 9/4/2026 8:34:11 PM GMT
Source Updated Date: 9/13/2026 12:45:22 AM GMT

Courtesy of: Elizabeth C Ulrich, Compass, beth.ulrich@compass.com

Copyright © 2026 Northstar MLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.