Back 315/875 Lake Street North
Off Market

315/875 Lake Street North

Wayzata MN 55391

1
1
2
840 sq. ft.
1.63 ac.
Condo
Last sold for $650,000
Shannon BrooksShannon Brooks, last sold this property on 25 September 2026 after 1463 days on market.

Overview

Welcome to effortless luxury at The Regatta, one of Wayzata's most sought-after condominium communities. This beautifully appointed 1-bedroom, 1-bathroom residence combines sophisticated finishes with an unbeatable location in the heart of downtown Wayzata. At the heart of the home is a gorgeous chef-inspired kitchen featuring a large center island, premium finishes, and abundant workspace, making it the perfect setting for everyday living, casual dining, and entertaining. The open-concept layout flows seamlessly into the inviting living room, where a cozy gas fireplace creates a warm and elegant focal point. A charming built-in coffee and cocktail bar adds both style and function, making it the perfect place to start your morning or entertain guests in the evening. The spacious owner's suite offers a peaceful retreat complete with a private ensuite bathroom and generous closet space. Additional conveniences include in-unit laundry, a dedicated storage space, and two heated underground parking spaces, providing comfort and convenience year-round. Step outside onto your private deck overlooking the beautifully landscaped courtyard, an ideal setting to enjoy your morning coffee or relax after a day on the lake. Residents of The Regatta enjoy an exceptional collection of amenities, including a beautifully landscaped courtyard, fitness center, community room, private pet wash station, and a dedicated pet relief area, offering the perfect blend of convenience, wellness, and community. Located in the heart of downtown Wayzata, you'll love being just steps from Lake Minnetonka, the Panoway on Wayzata lakewalk, boutique shopping, award-winning restaurants, coffee shops, and year-round community events. Whether you're enjoying a lakeside stroll, dining on a waterfront patio, or exploring the vibrant downtown scene, everything you love about Wayzata is just outside your door. Whether you're searching for a low-maintenance primary residence, a lock-and-leave second home, or the perfect place to enjoy the Wayzata lifestyle, this exceptional Regatta residence offers luxury, convenience, and an unmatched location.

Features

1 bedroom
1 bathroom
2 carspaces
2 garage spaces
840 sq. ft. floor area
1.63 ac. lot size
Condo

Estimated Value

Based on this property and similar 1 bedroom condos sold in Wayzata over the last 12 months, the estimated median property value of 315/875 Lake Street North is $250.45k.

Median value
$250.45k
Estimated value range
$197k - $650k
Median days on market
47
Estimated value trend
0%
increase over the last 12 months
Average days on market is based on recent, comparable sales in Wayzata. It is only an indication of the time a property is actively listed and should not be relied upon as an accurate representation of how soon a property will be sold.

Property history for 315/875 Lake Street North

2026
Sold
$650,000
25 Sep 2026 by Shannon Brooks, of Compass
2019
Rented
Undisclosed
10 Jan 2019 by Lakes Sotheby's International Realty

Happy sellers in Wayzata

94%
94% of sellers in Wayzata reported that their sale price either exceeded or met their price expectations.

Wayzata stands out for consistently delivering exceptional satisfaction and strong market results for homeowners.

This is based on voluntary sentiment collected from 6 reviews in Wayzata over the last 12 months.

Local market activity for 1 bedroom condos in Wayzata

In the last 12 months, 5 one-bedroom condos similar to 315/875 Lake Street North, have been sold.

This represents a 100% decrease in one-bedroom condos sales when compared to the previous 12 months.

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