875 Lake Street N, 220, Wayzata, MN 55391 (MLS# 7153225)

875 Lake Street N, 220, Wayzata, MN 55391

New Listing

$2,250,000

Welcome to Regatta #220, a spacious corner unit offering 2 bedrooms plus den w/ Murphy Bed, 3 baths, exceptional private outdoor space, and four adjacent parking spaces.

Step into a bright, spacious entry that opens beautifully to the rest of the home.

Experience luxury from the moment you enter, with an open floor plan that flows seamlessly to the expansive private patio.

Beautifully updated, open kitchen featuring stainless steel appliances, abundant natural light, and a large center island—perfect for everyday living and entertaining.

Spacious informal dining room perfectly positioned at the heart of the condo, offering easy access to the patio and kitchen.

Kitchen features a sit-up bar perfect for casual dining.

Wine fridge and additional cabinet space.

Kitchen features stainless steel appliances and an open layout that connects beautifully with the living and dining areas.

Walls of windows fill this corner unit with natural light and create a beautiful connection to the outdoors.

Expansive living room windows are enhanced with convenient motorized blinds.

Corner-unit living room is surrounded by windows, filling the space with natural light and bringing the outdoors in.

Living room is anchored by a cozy gas fireplace.

Centrally located half bath offers convenience for residents and guests.

Primary suite is a private retreat with an en-suite bath and two generous walk-in closets.

Spa-like primary bath features a separate soaking tub, double sinks, walk-in shower, and private toilet area.

Bright and spacious secondary bedroom offers its own private patio, en-suite bathroom, generous walk-in closet, and plentiful windows for beautiful natural light.

Private en-suite secondary bathroom features a separate shower and toilet area for added privacy and convenience.

Den with Murphy bed provides flexible space for a home office, guest room, or everyday living.

Generous walk-in closet provides abundant storage and complements the well-appointed secondary suite.

Centrally located laundry room with plenty of storage adds convenience and functionality.

Two private patios totaling approximately 600 sq. ft. provide an exceptional amount of outdoor living space, a unique feature that sets this condo apart.

Spacious patio features two seating areas and space for outdoor dining.

Two private patios totaling approximately 600 sq. ft. offer exceptional outdoor living space. Located along the courtyard, enjoy easy access across the courtyard to the second-floor Club Room, creating a unique opportunity for expanded entertaining.

Two private patios totaling approx. 600 sq. ft. extend from the secondary suite and main living area, offering exceptional outdoor living.

A rare offering, Unit 220 includes four side-by-side parking spaces. (126,125,124,123)

A spacious storage locker provides plenty of additional storage. (Storage #24)

Second floor Club Room with full kitchen and access to the courtyard

Second floor Club Room with full kitchen, lounge space, and access to the courtyard

Courtyard offers outdoor seating and a welcoming fireplace, perfect for gathering and relaxing.

Enjoy the fifth-floor Club Room, complete with kitchen, rooftop balcony, Wayzata views, and a peaceful setting.

Third-floor fitness room adds convenience for an active lifestyle.

Resident-only courtyard features multiple seating areas, green space, fire pit and fireplace, with direct access from the second-floor Club Room for easy entertaining.

Bright, beautifully appointed lobby offers a warm welcome.

Dedicated pet wash area adds everyday convenience for pet owners.

Property Type: Residential Bedrooms: 2 Baths: 3 Square Footage: 2,235 Lot Size (sq. ft.): 71,003 Status: Active

Current Price: $2,250,000 List Date: 10/09/2026 Last Modified: 10/09/2026

Overview

Description

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 ens ... (Read more)

Listing Details MLS# 7153225

General Property Information

Assoc Mgmt Co. Phone #: 612-790-7078
Association Fee Frequency: Monthly
Association Mgmt Co. Name: First Service Residential
Common Wall: Yes
Lot Measurement: Acres
Manufactured Home?: No
Multiple PIDs?: No
New Development: No
Number of Fireplaces: Yes
Waterfront YN: No
Year Built: 2015
Yearly/Seasonal: Yearly
Zoning: Residential-Single Family
Bath Full: Yes
Bath Three Quarters: Yes
Bath Half: Yes
Main Floor Total SqFt: 2235
Above Grd Total SqFt: 2235
Total SqFt: 2235
Total Finished Sqft: 2235.00
FireplaceYN: Yes
Style: (CC) High Rise (4+ Levels)
Foundation Size: 2235
Association Fee: 1665
Garage Stalls: 4
Lot Dimensions: Common
Acres: 1.63
Assessment Pending: No

Property Features

Accessible: Accessible Elevator Installed Air Conditioning: Central Air Amenities Shared: Car Wash; Common Garden; Elevator(s); Fire Sprinkler System; Lobby; Patio; Other Amenities Unit: Cable; Hardwood Floors; Indoor Sprinklers; Kitchen Center Island; Kitchen Window; Main Floor Primary Bedroom; Natural Woodwork; Patio; Primary Bedroom Walk-In Closet; Tile Floors; Walk-In Closet; Washer/Dryer Hookup Appliances: Cooktop; Dishwasher; Disposal; Double Oven; Dryer; Freezer; Microwave; Range; Refrigerator; Washer; Water Filtration System; Wine Cooler Association Fee Includes: Building Exterior; Cable TV; Controlled Access; Gas; Internet; Lawn Care; Outside Maintenance; Parking Space; Professional Mgmt; Recreation Facility; Sanitation; Shared Amenities; Snow Removal; Water Assumable Loan: Not Assumable Basement: None Bath Description: Double Sink; His and Her Closets; Main Floor 1/2 Bath; Main Floor 3/4 Bath; Main Floor Full Bath; Full Primary; Private Primary; Bathroom Ensuite; Separate Tub & Shower; Walk-In Shower Stall Construction Status: Previously Owned Dining Room Description: Breakfast Bar; Living/Dining Room Electric: Circuit Breakers Existing Financing: Cash Exterior: Brick/Stone Family Room Characteristics: Main Level Fencing: None Fireplace Characteristics: Gas Burning; Living Room Foundation: None Fuel: Natural Gas Heating: Forced Air Laundry: In Unit; Laundry Room; Main Level Lock Box Type: Combo Parking Characteristics: Assigned; Garage Door Opener; Heated Garage; Secured; Storage Pool Description: None Roof: Age Over 8 Years Sellers Terms: Cash; Conventional Sewer: City Sewer/Connected Shared Rooms: Amusement/Party Room; Exercise Room Special Search: All Living Facilities on One Level; Main Floor Bedroom; Main Floor Laundry; Main Floor Primary; Primary Bdr Suite Stories: One Townhouse Characteristics: Not Applicable Water: City Water/Connected

Contract Information

Contingency: None
Original List Price: 2250000
ListPrice: 2250000
Owner is an Agent?: No
Auction?: No

Location Tax and Other Information

House Number: 875
Street Name: Lake
Street Suffix: Street
Street Direction Suffix: N
Unit Number: 220
Postal City: Wayzata
County: Hennepin
State: MN
Zip Code: 55391
Complex/Dev/Subdivision: Cic 1991 Regetta Wayzata Bay Resid

Assessments

Tax With Assessments: 24822

Building Information

Finished SqFt Above Ground: 2235

More Information

Lease Details

Land Leased: Not Applicable

Miscellaneous Information

Homestead: No

Ownership

Fractional Ownership: No

Public Survey Info

Range#: 22
Section#: 06
Township#: 117

Room Information

Room Name	Dimensions	Level
Den	11'3" x 10'9"	Main
Dining Room	12'1" x 20'6"	Main
First (1st) Bedroom	18'6" x 12'9"	Main
Foyer	13'5" x 12'8"	Main
Kitchen	13' x 20'2"	Main
Laundry	8' x 8'9"	Main
Living Room	18'6"x 17'5"	Main
Patio	26 x 18'9"	Main
Patio	13'11" x 18'3"	Main
Second (2nd) Bedroom	15'4" x 19'2"	Main

Documents

Parking spaces & Storage unit location ›

875-Lake-St-N-220 (Floor Plan).pdf ›

Listing Office: Coldwell Banker Realty

Last Updated: October - 09 - 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.

875 Lake Street N, 220, Wayzata, MN 55391 (MLS# 7153225)