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3 Beds
4 Baths
2,836 sqft

$2,975,000

875 Lake Street N Unit: 401, Wayzata MN, 55391

Price per sqft$1,049.01
Built in2015
Property size2,836 sqft
Property typeResidential
Courtesy of Compass, Elizabeth C Ulrich Listing Contact:

Overview

Active

Listed Sep 4, 2026

Updated 2 weeks ago

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.

$19,793/mo

Est. mortgage payment based on a $2,975,000 home price.

All estimates are provided by Luxury Presence for informational purposes only. Actual amounts may vary.

Additional information

MLS® ID
7138371

Interior Features

Bedrooms
3
Bathrooms
4
Fireplace
Yes
Cooling
Yes
Heating
Yes
Basement
No

Exterior Features

Lot Size
1.63 Acres

Other Property Details

Taxes
$34,971
Tax Frequency
Annually
Association Fee Frequency
Monthly
Garage
Yes
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Listings courtesy of Northstar MLS as distributed by MLS GRID

All information deemed reliable but not guaranteed and should be independently verified. All properties are subject to prior sale, change or withdrawal. Neither listing broker(s) nor Jacqueline Nguyen-Shulstad, Distinctive Home Specialist shall be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless. Properties displayed may be listed or sold by various participants in the MLS.

Based on information submitted to the MLS GRID as of 4:51 AM UTC on 9/5/2026. 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.

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