Back APT 408/875 Lake St N
Off Market

APT 408/875 Lake St N

Wayzata MN 55391

3
3
2650 sq. ft.
Condo
Last sold for $2,500,000
Elizabeth UlrichElizabeth Ulrich, last sold this property on 15 June 2022 after -2 days on market.

Overview

This showstopping, top floor, penthouse with loft and large wrap-around balcony has been thoughtfully appointed and meticulously updated. Located on the SE corner of Regatta, the unit is filled with natural light and offers views of Lake Minnetonka. Floor plan highlights include spacious and open main living areas ideal for entertaining, designated office space, upper level loft with kitchenette and bath. Outdoor spaces include two balconies on the main level, plus one on the upper loft level. Walk to all that charming Wayzata has to offer with its exciting restaurants, shopping and community events.

Features

3 bedrooms
3 bathrooms
2650 sq. ft. floor area
Condo

Estimated Value

Based on this property and similar 3 bedroom condos sold in Wayzata over the last 12 months, the estimated median property value of APT 408/875 Lake St N is $1.92m.

Median value
$1.92m
Estimated value range
$450k - $2.35m
Median days on market
69
Estimated value trend
-35%
decrease 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 APT 408/875 Lake St N

2022
Sold
$2,500,000
15 Jun 2022 by Elizabeth Ulrich, of Lakes Sotheby's International Realty
2018
Sold
$1,500,000
12 Dec 2018 by Beth Ulrich

Happy sellers in Wayzata

87%
87% 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 3 reviews in Wayzata over the last 12 months.

Local market activity for 3 bedroom condos in Wayzata

In the last 12 months, 4 three-bedroom condos similar to APT 408/875 Lake St N, have been sold.

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

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