$2,200,000

875 Lake St N Unit 402 Wayzata, MN 55391

$10,000
Closing credit¹
2 beds
2 baths
2,100 sqft
$1,048 / sqft
Condo

Property details

About 875 Lake St N Unit 402

Luxury living in the heart of charming downtown Wayzata! Welcome to #402 at The Regatta, a premier top-floor residence in one of Wayzata’s most coveted condo communities. Bathed in natural light, this spacious and elegantly designed unit features wide-plank hardwood floors, custom built-ins, stone finishes, and upscale touches throughout. The open-concept living space flows effortlessly to a generous balcony, ideal for morning coffee or evening cocktails. Gourmet entertaining is made easy with high-end appliances and dual wine refrigerators perfectly positioned near the dining area. A versatile flex space offers the perfect setting for a home office or cozy reading nook. The serene primary suite boasts a private balcony, a walk-in closet, and a sleek ¾ bath with spa-inspired finishes. Additional highlights include two dedicated parking stalls (67 & 68), a storage locker, and access to exceptional building amenities, including two stylish clubrooms, a fully equipped fitness center, and a beautifully landscaped courtyard. All of this located just steps from Wayzata’s vibrant dining scene, boutique shopping, lakeside activities, and year-round community events on the shores of Lake Minnetonka.

Highlights

Home typeCondominium
HeatingForced Air
StatusActive
CoolingCentral Air
Size2,100 sqft
Year built2015
ParkingAssigned, Garage Door Opener, Heated Garage, Parking Garage, Underground
MLS #6677138
Garage2 spaces
FireplaceGas, Living Room

Summary

  • Appliances: Cooktop, Dishwasher, Disposal, Dryer, Exhaust Fan, Microwave, Other, Refrigerator, Oven, Washer, Wine Cooler
  • Basement: No
  • Fireplace: Gas, Living Room
  • Total Bedroom Count: 2
  • Garage Space: 2 spaces
  • Attached Garage: No
  • Parking: Assigned, Garage Door Opener, Heated Garage, Parking Garage, Underground
  • Heating: Forced Air
  • Cooling: Central Air
  • List Price: $2,200,000
  • Price/SqFt: $1,047
  • HOA Amount: $1464 Monthly
  • Directions: Wayzata Boulevard, south on Superior, east on Lake Street to Regatta.
  • Year Built: 2015
  • Living Area: 2,100 SqFt
  • MLS Number: 6677138
  • MLS Name: NORTHSTAR
  • Office Name: Compass

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875 Lake St N Unit 402, Wayzata, MN 55391 - living area with light wood-type flooring, beamed ceiling, a chandelier, ornate columns, and baseboards

$2,200,000

875 Lake St N Unit 402

$10,000

closing credit¹

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0.5% sale price²

Price information

Property sales

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Tax history

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Nearby schools

7

Gleason Lake Elementary School

Public District KG-5

0.9 mi

310 County Road 101 N

4

Birchview Elementary School

Public District KG-5

1.7 mi

425 Ranchview Ln N

10

Groveland Elementary

Public District KG-5

1.9 mi

17310 Minnetonka Blvd

School ratings are a score out of 10, where 10 is the highest and 1 is the lowest.

All data from GreatSchools

Neighborhood

The neighbors living near this home have an average income of $61,932. Most Wayzata, MN residents have annual incomes between $35k-100k. The most common type of family is single, no kids. The majority of residents in this area have post secondary degree education.

How much money do the neighbors make?

26%
<35k
45%
35k-100k
13%
100k-200k
16%
200k+

What level of education do the neighbors have?

High School Diploma
Post Secondary Degree
Masters Degree

What types of families live nearby?

65%
Single, No Kids
8%
Single, with Kids
21%
Married, No Kids
6%
Married, with Kids

Are the neighbors home owners or renters?

Home Owners
Renters

How old are people in this area?

10%
<11 yrs old
5%
12-17 yrs old
18%
18-34 yrs old
40%
35-64 yrs old
27%
65+ yrs old

What do the neighbors do for fun?

  • PGA/LPGAPGA/LPGA
  • Symphony or OperaSymphony or Opera
  • Figure SkatingFigure Skating

Where do the neighbors shop?

  • Stein MartStein Mart
  • Chico'sChico's
  • Nordstrom RackNordstrom Rack

Where do the neighbors go to eat?

  • Bonefish GrillBonefish Grill
  • Cracker BarrelCracker Barrel
  • Boston MarketBoston Market

What do the neighbors drive?

  • LincolnLincoln
  • CadillacCadillac
  • BuickBuick

What do the neighbors listen to?

  • ClassicalClassical
  • Soft Adult ContemporarySoft Adult Contemporary
  • Talk/PersonalityTalk/Personality
All data provided by Home Junction and Claritas

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Frequently asked questions

About 875 Lake St N Unit 402

The listing price of 875 Lake St N Unit 402 property is $2,200,000.

The property 875 Lake St N Unit 402 is a condo located in Wayzata, Minnesota, 55391.

Active Listing: 875 Lake St N Unit 402 is For Sale (Active/New) which means the seller is accepting offers.

The nearby schools for 875 Lake St N Unit 402 are: Gleason Lake Elementary School (GreatSchools Rating 7/10), Birchview Elementary School (GreatSchools Rating 4/10), Groveland Elementary (GreatSchools Rating 10/10), West Middle School (GreatSchools Rating 8/10), Central Middle School (GreatSchools Rating 7/10), Minnetonka Middle School East (GreatSchools Rating 9/10), Tier Two (GreatSchools Rating 1/10), Tier Three (GreatSchools Rating 1/10), Hopkins West Junior High (GreatSchools Rating 5/10).

The property at 875 Lake St N Unit 402 has 2 bedrooms and 2 bathrooms.

The property 875 Lake St N Unit 402 is 2,100 SqFt (source: MLS/tax record).

The year of construction for 875 Lake St N Unit 402 is 2015.

This home is located at 875 Lake St N Unit 402 in Wayzata, MN and zip code 55391. This 2,100 square foot home was built in 2015. Features: 2 bedrooms, 2 bathrooms. It has been listed on Rocket Homes since May 6, 2025 and is currently priced at $2,200,000.

Wayzata, MN housing market in April 2025 saw over 9 listings sold above listed price, more than 1 sold at listed price and over 12 sold below. The number of homes for sale in Wayzata, MN increased by 31.4% between March and April 2025. The median list price of listings available in April 2025 was $974,166, while the average time on the real estate market was 60 days.

From Rocket Homes Real Estate and based on county public records data.

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