275 Lake Street E, 301, Wayzata, MN 55391

$3,850,000

Property Type: Residential Bedrooms: 2 Baths: 3 Square Footage: 3,391 Lot Size (sq. ft.): 31,799 Status: Closed

Current Price: $3,850,000 List Date: 4/11/2025 Last Modified: 7/01/2026

Overview

Description

Experience luxury lakeside living in this exquisite top-floor corner unit at Wayzata Blu, an exclusive 18-residence boutique building in downtown Wayzata. Designed by MartinPatrick3, this stunning home offers breathtaking Lake Minnetonka views and a 586 SF private terrace, perfect for entertaining or relaxing. Soaring ceilings and floor-to-ceiling windows flood the space with natural light. A four-panel accordion door with phantom screens seamlessly connects indoor and outdoor living. The gourmet kitchen showcases custom cabinetry, Thermador appliances, quartz countertops, a waterfall island, walk-in pantry, and bar area. An impressive great room fireplace with a mantel is framed by a quartz surround, floating shelves, and under-cabinet lighting. The owner's suite offers spectacular lake views, terrace access, and a spa-inspired bath with a jetted soaking tub, walk-in shower, double vanity, make-up area, and dual walk-in closets. The bath also features a window with lake views. The gue ... (Read more) Experience luxury lakeside living in this exquisite top-floor corner unit at Wayzata Blu, an exclusive 18-residence boutique building in downtown Wayzata. Designed by MartinPatrick3, this stunning home offers breathtaking Lake Minnetonka views and a 586 SF private terrace, perfect for entertaining or relaxing. Soaring ceilings and floor-to-ceiling windows flood the space with natural light. A four-panel accordion door with phantom screens seamlessly connects indoor and outdoor living. The gourmet kitchen showcases custom cabinetry, Thermador appliances, quartz countertops, a waterfall island, walk-in pantry, and bar area. An impressive great room fireplace with a mantel is framed by a quartz surround, floating shelves, and under-cabinet lighting. The owner's suite offers spectacular lake views, terrace access, and a spa-inspired bath with a jetted soaking tub, walk-in shower, double vanity, make-up area, and dual walk-in closets. The bath also features a window with lake views. The guest bedroom includes a ¾ bath and large closet. The office/den, featuring built-in cabinetry, a wood ladder, window bench, and barn door, can easily convert to a third bedroom. Both rooms offer expansive windows. White oak hardwood flooring and high-end lighting elevate the home's elegance. Additional highlights include an oversized laundry room with custom built-in storage, a sophisticated powder room, and a spacious foyer with a locker system and ample storage. A generous storage room doubles as a private workout space. The Elan home management system provides seamless control of climate, media, lighting, shades, and security. This secured, high-quality building features concrete construction and metal stud framing for durability and soundproofing. Two main-level heated parking spots including built-in storage. Just steps from Lake Minnetonka, enjoy walkable access to upscale dining, boutique shopping, and entertainment. Urban convenience meets serene lakeside living without the maintenance.

Listing Details MLS# 6698773

General Property Information

Assoc Mgmt Co. Phone #: 952-922-5575
Association Fee Frequency: Monthly
Association Mgmt Co. Name: Gassen
Common Wall: Yes
Lot Measurement: Acres
Manufactured Home?: No
Multiple PIDs?: No
New Development: No
Number of Fireplaces: Yes
Waterfront YN: No
Year Built: 2019
Yearly/Seasonal: Yearly
Zoning: Residential-Single Family
Bath Full: Yes
Bath Three Quarters: Yes
Bath Half: Yes
Main Floor Total SqFt: 3391
Above Grd Total SqFt: 3391
Total SqFt: 3391
Total Finished Sqft: 3200.00
FireplaceYN: Yes
Lake/Waterfront Name: Minnetonka
Style: (CC) Low Rise (3- Levels)
Foundation Size: 3391
Association Fee: 1269.44
Garage Stalls: 2
Acres: 0.73
Assessment Pending: No

Property Features

Accessible: Accessible Elevator Installed Air Conditioning: Central Air Amenities Shared: Concrete Floors & Walls; Elevator(s); Fire Sprinkler System; Lobby; Security Building; Security Lights; Other Amenities Unit: Balcony; Hardwood Floors; Indoor Sprinklers; Kitchen Center Island; Main Floor Primary Bedroom; Natural Woodwork; Panoramic View; Patio; Primary Bedroom Walk-In Closet; Tile Floors; Walk-In Closet; Washer/Dryer Hookup; Wet Bar Appliances: Cooktop; Dishwasher; Disposal; Double Oven; Dryer; Microwave; Refrigerator; Washer; Water Filtration System; Wine Cooler Association Fee Includes: Building Exterior; Controlled Access; Hazard Insurance; Lawn Care; Outside Maintenance; Parking Space; Professional Mgmt; Sanitation; Shared Amenities; Snow Removal 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; Jetted Tub; Separate Tub & Shower Construction Status: Previously Owned Dining Room Description: Breakfast Area; Eat In Kitchen; Informal Dining Room; Living/Dining Room Exterior: Brick/Stone; Metal Family Room Characteristics: Great Room; Main Level Financing Terms: Other Fireplace Characteristics: Gas Burning; Living Room Foundation: None Fuel: Natural Gas Heating: Forced Air Laundry: In Unit; Laundry Room; Main Level Parking Characteristics: Assigned; Garage Door Opener; Heated Garage Road Frontage: City Street; Curbs; Paved Streets; Sidewalks; Street Lights Road Responsibility: Public Maintained Road Roof: Age 8 Years or Less; Flat Sellers Terms: Cash; Conventional Sewer: City Sewer/Connected Special Search: All Living Facilities on One Level; Main Floor Bedroom; Main Floor Laundry; Main Floor Primary; Primary Bdr Suite Stories: One Water: City Water/Connected Waterfront Type: Lake View Waterfront View: Lake; Panoramic; South; East; West

Contract Information

Off Market Date: 2025-06-14
Contingency: None
Closed Date: 2025-06-30
Original List Price: 3995000
Sales Close Price: 3850000
ListPrice: 3995000
Owner is an Agent?: No
Auction?: No

Location Tax and Other Information

House Number: 275
Street Name: Lake
Street Suffix: Street
Street Direction Suffix: E
Unit Number: 301
Postal City: Wayzata
County: Hennepin
State: MN
Zip Code: 55391
Complex/Dev/Subdivision: Wayzata Blu

Assessments

Tax With Assessments: 42305

Building Information

Finished SqFt Above Ground: 3200

More Information

Lake Details

Lake Acres: 14205
Lake Depth: 113

Lease Details

Land Leased: Not Applicable

Miscellaneous Information

Homestead: No

Ownership

Fractional Ownership: No

Parking Characteristics

Garage Stall ID#: #5 and #10

Public Survey Info

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

Room Information

Room Name	Dimensions	Level
Bar/Wet Bar Room	11x6	Main
Dining Room	15.5x13	Main
Sitting Room	13x9	Main
First (1st) Bedroom	18x15	Main
Second (2nd) Bedroom	15x13	Main
Den	15x13	Main
Patio	65x14	Main
Living Room	20.5x19.5	Main
Kitchen	19x11	Main

Listing Office: Coldwell Banker Realty

Last Updated: July - 01 - 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.

275 Lake Street E, 301, Wayzata, MN 55391 (MLS# 6698773)