$2,975,000
Wayzata, MN 55391
MLS# 7138371
3 beds | 4 baths | 2871 sqft

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Property Description
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.
Details
Maps
Documents
Contract Information
Status: Active
Contingency: None
Current Price: $2,975,000
Original List Price: 2975000
ListPrice: 2975000
List Date: 2026-09-04
Owner is an Agent?: Yes
Auction?: No
General Property Information
Assoc Mgmt Co. Phone #: 952-277-2700
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: 2
Waterfront YN: No
Year Built: 2015
Yearly/Seasonal: Yearly
Zoning: Residential-Single Family
Bedrooms: 3
Baths Total: 4
Bath Full: 1
Bath Three Quarters: 1
Bath Half: 2
Main Floor Total SqFt: 2314
Above Grd Total SqFt: 2871
Total SqFt: 2871
Total Finished Sqft: 2836.00
FireplaceYN: Yes
Style: (CC) High Rise (4+ Levels)
Foundation Size: 2314
Association Fee: 2047
Garage Stalls: 3
Lot Dimensions: Common
Acres: 1.63
Assessment Pending: No
Assessments
Tax With Assessments: 34971
Building Information
Finished SqFt Above Ground: 2836
Lease Details
Land Leased: Not Applicable
Miscellaneous Information
Homestead: Yes
Ownership
Fractional Ownership: No
Parking Characteristics
Garage Stall ID#: 62, 63, 64
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: 401
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: Elevator(s); Lobby; Other
Amenities Unit: Balcony; French Doors; Hardwood Floors; Indoor Sprinklers; Kitchen Center Island; Kitchen Window; Main Floor Primary Bedroom; Panoramic View; Primary Bedroom Walk-In Closet; Tile Floors; Walk-In Closet; Wet Bar; Other
Appliances: Cooktop; Dishwasher; Double Oven; Dryer; Microwave; Range; Refrigerator; Washer
Association Fee Includes: Cable TV; Gas; Internet; Lawn Care; Outside Maintenance; Parking Space; Professional Mgmt; Sanitation; Shared Amenities; Snow Removal; Water
Basement: None
Bath Description: Double Sink; Main Floor 1/2 Bath; Main Floor 3/4 Bath; Main Floor Full Bath; Upper Level 1/2 Bath; Full Primary; Private Primary; Bathroom Ensuite; Separate Tub & Shower; Walk Thru; Walk-In Shower Stall
Construction Status: Previously Owned
Dining Room Description: Eat In Kitchen; Informal Dining Room; Kitchen/Dining Room; Living/Dining Room
Exterior: Brick/Stone
Family Room Characteristics: 2 or More; 2 Story/High/Vaulted Ceilings; Family Room; Main Level
Fireplace Characteristics: Family Room; Gas Burning; Living Room
Foundation: Poured Concrete
Fuel: Natural Gas
Heating: Forced Air
Laundry: Laundry Room; Main Level; Sink
Parking Characteristics: Assigned; Heated Garage; Secured; Storage
Road Frontage: City Street; Curbs; Paved Streets; Sidewalks
Road Responsibility: Public Maintained Road
Roof: Age Over 8 Years
Sellers Terms: Cash; Conventional
Sewer: City Sewer/Connected
Shared Rooms: Community Room; Exercise Room
Special Search: All Living Facilities on One Level; Main Floor Bedroom; Main Floor Laundry; Main Floor Primary; Primary Bdr Suite
Stories: Two
Water: City Water/Connected
Room Information
| Room Name | Dimensions | Level |
| Bar/Wet Bar Room | Upper | |
| Deck | 47x18 | Upper |
| Deck | 13x6 | Main |
| Deck | 13x6 | Main |
| Dining Room | 12x16 | Main |
| First (1st) Bedroom | 12x17 | Main |
| Kitchen | 12x27 | Main |
| Laundry | 10x8 | Main |
| Living Room | 14x28 | Main |
| Second (2nd) Bedroom | 13x10 | Main |
| Office | 13x11 | Main |
| Third (3rd) Bedroom | 17x14 | Upper |
Listing Office: Compass
Last Updated: September - 04 - 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.
Regatta #401 - Floor Plan 