$2,250,000
875 Lake Street N, 220
Wayzata, MN 55391
MLS# 7153225
2 beds  |  3 baths  |  2235 sqft
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.
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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. Photo 2 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. 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. Kitchen features stainless steel appliances and an open layout that connects beautifully with the living and dining areas. 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. Primary suite is a private retreat with an en-suite bath and two generous walk-in closets. Primary suite is a private retreat with an en-suite bath and two generous walk-in closets. Primary suite is a private retreat with an en-suite bath and two generous walk-in closets. 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. Spa-like primary bath features a separate soaking tub, double sinks, walk-in shower, and private toilet area. 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. 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. Secondary suite shower Den with Murphy bed provides flexible space for a home office, guest room, or everyday living. 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. 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. provide an exceptional amount of outdoor living space, a unique feature that sets this condo apart. 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. Courtyard 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 and access to the courtyard Second floor Club Room with full kitchen and access to the courtyard 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. Enjoy the fifth-floor Club Room, complete with kitchen, rooftop balcony, Wayzata views, and a peaceful setting. Enjoy the fifth-floor Club Room, complete with kitchen, rooftop balcony, Wayzata views, and a peaceful setting. 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. 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. 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. 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. 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. Bright, beautifully appointed lobby offers a warm welcome. Photo 61 Photo 62 Dedicated pet wash area adds everyday convenience for pet owners. Floor plan for #220

Property 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 ensuite 3/4 bath and direct outdoor access. The entire condo has been freshly painted, including enameled woodwork, with new carpet and updated lighting throughout. The versatile den adapts to your needs, with a custom Murphy bed that easily transforms the space from a home office or reading room into a comfortable guest suite or additional living area. Regatta amenities include two club rooms with kitchens, a private courtyard with fire features, fifth-floor viewing deck, fitness center, library, meeting space, package room, car wash, dog wash, outdoor fire pits and gas grills. An exceptional opportunity to enjoy luxury, privacy and an unparalleled downtown Wayzata lifestyle.

Details
Maps
Documents
Contract Information
Status: Active
Contingency: Sale of Another Property
Current Price: $2,250,000
Original List Price: 2250000
ListPrice: 2250000
List Date: 2026-10-08
Owner is an Agent?: No
Auction?: No
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: 1
Waterfront YN: No
Year Built: 2015
Yearly/Seasonal: Yearly
Zoning: Residential-Single Family
Bedrooms: 2
Baths Total: 3
Bath Full: 1
Bath Three Quarters: 1
Bath Half: 1
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
Assessments
Tax With Assessments: 24822
Building Information
Finished SqFt Above Ground: 2235
Lease Details
Land Leased: Not Applicable
Miscellaneous Information
Homestead: No
Ownership
Fractional Ownership: No
Public Survey Info
Range#: 22
Section#: 06
Township#: 117
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
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
Room Information
Room Name Dimensions Level
Den11'3" x 10'9"Main
Dining Room12'1" x 20'6"Main
First (1st) Bedroom18'6" x 12'9"Main
Foyer13'5" x 12'8"Main
Kitchen13' x 20'2"Main
Laundry8' x 8'9"Main
Living Room18'6"x 17'5"Main
Patio26 x 18'9"Main
Patio13'11" x 18'3"Main
Second (2nd) Bedroom15'4" x 19'2"Main
IDX
Listing Office: Coldwell Banker Realty

Last Updated: October - 13 - 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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