201 Lake Street E, 301, Wayzata, MN 55391 (MLS# 7115684)

201 Lake Street E, 301, Wayzata, MN 55391

$4,531,000
Property Type: Residential Bedrooms: 2 Baths: 3 Square Footage: 3,236 Lot Size (sq. ft.): 118,919 Status: Active
Current Price: $4,531,000 List Date: 7/29/2026 Last Modified: 8/20/2026

Overview

Description

Welcome to Residence #301, one of 201 Lake Street's signature homes, where exceptional design and expansive indoor-outdoor living come together in a thoughtfully crafted luxury retreat. Encompassing 3,236 square feet, this beautifully appointed 2-bedroom plus den, 3-bath home is anchored by an expansive open-concept great room with fireplace that flows seamlessly into the chef's kitchen with walk-in pantry, creating an exceptional setting for everyday living and entertaining alike. The spacious primary suite, private guest suite, and generous den provide outstanding flexibility, while three private outdoor living spaces - including two terraces and a balcony totaling 691 square feet - extend the home for relaxing, dining, and entertaining throughout the seasons. Ideally oriented with south and southeast exposures, the home is filled with abundant natural light. Secure underground parking further enhances the ease of luxury condominium living. - - - - - - - - - - For buyers seeking a mo ...

Open Houses

  • Thursday, August 27, 11:00 am - 2:00 pm

Listing Details MLS# 7115684

General Property Information

Assoc Mgmt Co. Phone #
612-501-2505
Association Fee Frequency
Monthly
Association Mgmt Co. Name
TBD
Common Wall
Yes
Lot Measurement
Acres
Manufactured Home?
No
Multiple PIDs?
Yes
New Development
Yes
Number of Fireplaces
Yes
Waterfront YN
No
Year Built
2027
Yearly/Seasonal
Yearly
Zoning
Residential-Single Family
Bath Full
Yes
Bath Three Quarters
Yes
Bath Half
Yes
Main Floor Total SqFt
3236
Above Grd Total SqFt
3236
Total SqFt
3236
Total Finished Sqft
3236.00
FireplaceYN
Yes
Style
(CC) Low Rise (3- Levels)
Foundation Size
3236
Association Fee
2297
Garage Stalls
3
Lot Dimensions
3236 Sq'
Acres
2.73
Assessment Pending
No
Bath Quarter
0
Below Grd Total SqFt
0

Property Features

Accessible: Accessible Elevator Installed; Other Air Conditioning: Central Air Amenities Shared: Common Garden; Elevator(s); Fire Sprinkler System; In-Ground Sprinkler System; Lobby; Porch; Sauna; Trail(s); Other Association Fee Includes: Building Exterior; Controlled Access; Hazard Insurance; Lawn Care; Outside Maintenance; Professional Mgmt; Security System; Snow Removal; Other Basement: Full Construction Status: To Be Built/Floor Plan Exterior: Brick/Stone; Cement Board; Engineered Wood; Wood; Other Fireplace Characteristics: Gas Burning Foundation: Poured Concrete Fuel: Electric; Natural Gas Heating: Forced Air Laundry: In Unit Lock Box Type: None Parking Characteristics: Secured Sewer: City Sewer/Connected Shared Rooms: Community Room; Exercise Room; Other Special Search: All Living Facilities on One Level; Main Floor Bedroom; Main Floor Laundry; Main Floor Primary; Primary Bdr Suite Stories: One Water: City Water/Connected

Contract Information

Maximum Price
5399400
Minimum Price
1209500
Contingency
None
Original List Price
4531000
ListPrice
4531000
Owner is an Agent?
No
Auction?
No

Location Tax and Other Information

House Number
201
Street Name
Lake
Street Suffix
Street
Street Direction Suffix
E
Unit Number
301
Postal City
Wayzata
County
Hennepin
State
MN
Zip Code
55391
Complex/Dev/Subdivision
Lake West

Additional Parcels Information

Property ID #2
TBD

Building Information

Availability Dt for Closing
2027-12-01
Finished SqFt Above Ground
3236

More Information

Lease Details

Land Leased
Not Applicable

Miscellaneous Information

Homestead
No

Model Information

Hours Model Open
By Appointment & See Open House Schedule
Model Location
319+ Barry Avenue South, Suite201, Wayzata, MN 55391
Model Phone
612-723-1975

Ownership

Fractional Ownership
No

Parking Characteristics

Garage Stall ID#
TBD
Secured
Yes

Public Survey Info

Range#
22
Section#
06
Township#
117

Unit Details

Total Units Available
38

Office/Member Info

Association
MAAR

Location, Tax and Other Information

AssocFeeYN
Yes
Legal Description
LOT 001 BLOCK 001 LAKE WEST
Listing City
Wayzata
Map Page
104
Municipality
Wayzata
School District
Wayzata
School District Phone
763-745-5000
County Abbreviation
301
Zip Plus 4
4124
Property ID Number
0611722230364
Tax Year
2026
Tax Amount
0
In Foreclosure?
No
Potential Short Sale?
No
Lender Owned?
No

Directions & Remarks

Public Remarks
Welcome to Residence #301, one of 201 Lake Street's signature homes, where exceptional design and expansive indoor-outdoor living come together in a thoughtfully crafted luxury retreat. Encompassing 3,236 square feet, this beautifully appointed 2-bedroom plus den, 3-bath home is anchored by an expansive open-concept great room with fireplace that flows seamlessly into the chef's kitchen with walk-in pantry, creating an exceptional setting for everyday living and entertaining alike. The spacious primary suite, private guest suite, and generous den provide outstanding flexibility, while three private outdoor living spaces - including two terraces and a balcony totaling 691 square feet - extend the home for relaxing, dining, and entertaining throughout the seasons. Ideally oriented with south and southeast exposures, the home is filled with abundant natural light. Secure underground parking further enhances the ease of luxury condominium living. - - - - - - - - - - For buyers seeking a more personalized home, this residence is also available as a Shell Residence, allowing your developer-approved builder to complete the interior according to your vision, lifestyle, and design preferences. - - - - - - - - - - Beyond the home, 201 Lake Street offers an exceptional collection of amenities, including a heated underground garage, fitness center, sauna, library, club room, hospitality kitchen, secure lobby, pet-friendly outdoor gathering areas, and true lock-and-leave living - all within a short walk of Lake Minnetonka, Wayzata Beach, boutique shopping, acclaimed dining, and the Dakota Regional Trail. Visit our Wayzata Sales Office during one of our weekly open houses (see showing schedule) or contact our team to schedule a private presentation. - - - - - - - - - - All measurements, dimensions and specifications are approximate and subject to change until completion of the building's core and shell construction and recording of the Condominium Plat.
Directions
To the Off-Site Sales Office: From Lake Street E. and Barry Ave. S., head north on Barry Ave. The building is the second on the left. Park on the north side, enter through the north entrance, and the Sales Office is the first suite on the right.

Accessible

Accessible Elevator Installed
Yes
Other
Yes

Air Conditioning

Central Air
Yes

Amenities Shared

Common Garden
Yes
Elevator(s)
Yes
Fire Sprinkler System
Yes
In-Ground Sprinkler System
Yes
Lobby
Yes
Porch
Yes
Sauna
Yes
Trail(s)
Yes
Other
Yes

Assessments

Assessment Balance
0
Assessment Installment
0
Tax With Assessments
0

Association Fee Includes

Building Exterior
Yes
Controlled Access
Yes
Hazard Insurance
Yes
Lawn Care
Yes
Outside Maintenance
Yes
Professional Mgmt
Yes
Security System
Yes
Snow Removal
Yes
Other
Yes

Basement

Full
Yes

Construction Status

To Be Built/Floor Plan
Yes

Exterior

Brick/Stone
Yes
Cement Board
Yes
Engineered Wood
Yes
Wood
Yes
Other
Yes

Fireplace Characteristics

Gas Burning
Yes

Foundation

Poured Concrete
Yes

Fuel

Electric
Yes
Natural Gas
Yes

Heating

Forced Air
Yes

Insurance Fee

Insurance Fee
0

Laundry

In Unit
Yes

Lock Box Type

None
Yes

Restriction/Covenants

Architecture Committee
Yes
Builder Restriction
Yes
Mandatory Owners Assoc
Yes
Other Bldg Restrictions
Yes
Other Covenants
Yes
Pets - Cats Allowed
Yes
Pets - Dogs Allowed
Yes
Rental Restrictions May Apply
Yes
Other
Yes

Sewer

City Sewer/Connected
Yes

Shared Rooms

Community Room
Yes
Exercise Room
Yes
Other
Yes

Special Search

All Living Facilities on One Level
Yes
Main Floor Bedroom
Yes
Main Floor Laundry
Yes
Main Floor Primary
Yes
Primary Bdr Suite
Yes

Stories

One
Yes

Water

City Water/Connected
Yes

Room Information

Room Name Dimensions Level
Bathroom 12'4" x 7' Main
Bathroom 6'6" x 6'3" Main
Den 16'2" x 12'4" Main
First (1st) Bedroom 19'10" x 13' Main
Foyer 10'10" x 10' Main
Kitchen 16'6" x 28'6" Main
Laundry 6'6" x 11'5" Main
Living Room 20'11" x 24' Main
Primary Bath 23'7" x 10'11" Main
Pantry (Walk-In) 12'9" x 13'5" Main
Second (2nd) Bedroom 12'3" x 12'1" Main

Documents

IDX
Listing Office: US Brokerage, LLC
Last Updated: August - 20 - 2026
The data relating to real estate for sale on this web site comes in part from the Broker Reciprocity SM Program of the Regional Multiple Listing Service of Minnesota, Inc. The information provided is deemed reliable but not guaranteed. Properties subject to prior sale, change or withdrawal. ©2026 Regional Multiple Listing Service of Minnesota, Inc All rights reserved.
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