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Regatta at Wayzata Bay — Luxury Condos in Wayzata's Promenade Community

Wayzata's premier newer-construction luxury condo — 61 residences at Lake Minnetonka's Promenade

875 Lake St N, Wayzata, MN 55391
$450K – $2M+
Price Range
4
Floors
61
Total Units
2014
Year Built

About Regatta at Wayzata Bay

Regatta at Wayzata Bay is one of the west metro's most desirable newer-construction luxury condo addresses — a 61-unit community completed in 2014 within the Promenade of Wayzata development, steps from Lake Minnetonka's bay, the award-winning Wayzata dining and retail village, and the lakeside trail system that defines the Wayzata lifestyle. Regatta offers the quality and finish level of luxury ownership in a building small enough to know your neighbors by name.

Residences feature open floor plans, premium finishes including hardwood flooring and quartz countertops, private balconies or terraces, and Lake Minnetonka or courtyard views. The building's amenity package — including a dog wash station, outdoor fire pits, and a club room — reflects the lifestyle priorities of the Wayzata buyer. Wayzata School District 284, one of Minnesota's highest-rated districts, serves the building.

Available Configurations

Unit TypeSquare FootagePrice Range
1 Bedroom900 – 1,150 sq ft$450K – $700K
2 Bedroom1,300 – 1,800 sq ft$700K – $1.2M
3 Bedroom1,900 – 2,600 sq ft$1.1M – $2M+

Price ranges are approximate and based on recent market activity. Contact The PRO Team for current inventory and active listings.

Source: MLS sales, association documents & public records · Reviewed Q2 2026 · Data sources & methodology

Current Price Ranges

Entry Point
$450K
1 Bedroom
Full Range
$450K – $2M+
All unit types
HOA Est.
$550 – $1,200/mo
Monthly dues

Condo pricing in this building varies significantly by floor, view corridor, and unit configuration. Contact The PRO Team for a current comparative market analysis before making any offer.

Building Management & Fees

Typical HOA Range$550 – $1,200/mo

Well-managed HOA appropriate for a newer luxury building. Reserve funding is well-structured for a community of this age and quality. Management is responsive and professional.

Water, sewer, and trash
Building insurance
Exterior maintenance and landscaping
Common area maintenance
Outdoor fire pit and club room maintenance
Reserve contributions
Heated underground parking

PRO Team Due Diligence: We review HOA financials, reserve fund health, pending assessments, and meeting minutes on every condo purchase. Ask us before you make an offer — a poorly funded reserve can cost you far more than the purchase price suggests.

Building Amenities

Your monthly HOA dues deliver more than just maintenance — here's exactly what's included in the fee:

Heated underground parking
Club room with kitchen
Outdoor fire pits and terrace
Dog wash station
Fitness center
Bike storage
Private storage units
Secured building entry
Walkable Lake Minnetonka bay access

Beyond the list price, HOA fees define the real cost of ownership. The PRO Team reviews reserve fund adequacy before any offer.

Garage & Storage

Parking

Heated underground parking. One or two spaces depending on unit. Confirm at time of purchase.

Storage

Private storage units assigned to each residence.

Pet & Rental Policies

Pet Policy

Pet-friendly. Dog wash station and walkable Lake Minnetonka trail access make Regatta one of the most practical luxury pet-owner buildings in the west metro. Confirm current breed and size restrictions.

Rental Policy

Primarily owner-occupied. Limited rentals permitted. Verify current rental cap status with HOA.

Condo association policies are subject to change. The PRO Team verifies current pet rules, rental caps, and lease minimums for every buyer before closing. Never assume — ask us first.

The Wayzata Lifestyle Near Regatta at Wayzata Bay

Lake Minnetonka — waterfront access and bay views from the Promenade
Wayzata downtown village — boutique dining, wine bars, and galleries
Wayzata Beach and lakeside walking path
Lake Minnetonka Regional Park — trails and beach access
Wayzata Train Depot — METRO commuter rail stop

Neighborhood Context

Promenade of Wayzata, Wayzata, MN
875 Lake St N, Wayzata, MN 55391
View on Google Maps
Promenade of WayzataWayzata, MNHennepin County

Commute Options & Connections

Regatta at Wayzata Bay is 25 minutes from downtown Minneapolis via I-394. The Wayzata Train Depot provides METRO commuter rail access. The I-494 employment corridor is accessible in 15–20 minutes. The Promenade's walkable position puts dining, shopping, and the lake all within steps.

Schools Serving This Area

Wayzata School District 284
District
10/10

One of Minnesota's top-ranked districts — rated 10/10 and nationally recognized for academic excellence.

Wayzata High School
High School
10/10

Ranked among Minnesota's top high schools for academics, athletics, and college preparation.

School district boundaries in the Twin Cities west metro don't always follow city lines. The PRO Team verifies exact school assignment for every property — contact us before assuming any address feeds into a specific school.

Is This Right for You?

Buying a Condo at Regatta at Wayzata Bay?

Regatta at Wayzata Bay is ideal for executive buyers, empty nesters downsizing from large Lake Minnetonka properties, and buyers seeking the lock-and-leave luxury lifestyle steps from Wayzata's village amenities and the lake. The building's boutique size, quality finishes, and Promenade location make it one of the west metro's most coveted newer-construction condo addresses.

Tell us your priorities — schools, commute, price point, lifestyle — and we'll identify the buildings that genuinely fit. No guessing, no generic lists.

Selling Your Condo Here?

Get Maximum Value for Your Regatta at Wayzata Bay Unit

Regatta benefits from The PRO Team's luxury marketing expertise and deep connections throughout the Lake Minnetonka market. Premium photography, targeted outreach to qualified luxury buyers, and pricing informed by comparable Wayzata and Lake Minnetonka sales deliver results for sellers in this specialized market.

Selling a condo involves building documents, unit details, and buyer expectations that differ from a single-family sale. Our process focuses on:

Regatta at Wayzata Bay — Buyer & Seller FAQ

Is Regatta at Wayzata Bay on Lake Minnetonka?

Regatta at Wayzata Bay is positioned in Wayzata's Promenade development, steps from Lake Minnetonka's bay — providing walkable lake access and a lakeside lifestyle without the maintenance demands of direct lakefront ownership.

How many units are in Regatta at Wayzata Bay?

Regatta has 61 total residences across 4 floors — a boutique scale that supports an intimate ownership community while offering the amenities expected at the luxury tier, including a dog wash station, club room, outdoor fire pits, and heated underground parking.

What school district serves Regatta at Wayzata Bay?

Regatta at Wayzata Bay is served by Wayzata School District 284, rated 10/10 and consistently ranked among Minnesota's best public school systems. This is a significant quality-of-life factor for family buyers in the area.

What is the HOA fee range at Regatta at Wayzata Bay?

HOA fees typically range from $550 to $1,200 per month depending on unit size. Fees include building insurance, exterior maintenance, heated underground parking, common area maintenance, and reserve contributions. Contact The PRO Team for current fee schedules and HOA financial review.

Is Regatta at Wayzata Bay a good place to live?

Residents at Regatta at Wayzata Bay enjoy wayzata's premier newer-construction luxury condo — 61 residences at Lake Minnetonka's Promenade. Regatta at Wayzata Bay is ideal for executive buyers, empty nesters downsizing from large Lake Minnetonka properties, and buyers seeking the lock-and-leave luxury lifestyle steps from Wayzata's village amenities and the lake. The PRO Team can connect you with current or former residents and walk you through what day-to-day life looks like for buyers at this price point.

What is the typical price range at Regatta at Wayzata Bay?

Regatta at Wayzata Bay spans $450K – $2M+ across all unit types. 1 Bedroom: $450K – $700K, 2 Bedroom: $700K – $1.2M, 3 Bedroom: $1.1M – $2M+. Entry-level units start around $450K. HOA fees add $550 – $1,200/mo per month to the total cost of ownership — an important factor to include when budgeting. The PRO Team can provide a current inventory snapshot at any price point.

Does Regatta at Wayzata Bay have different unit configurations?

Regatta at Wayzata Bay offers 3 unit configurations: 1 Bedroom (900 – 1,150 sq ft, $450K – $700K); 2 Bedroom (1,300 – 1,800 sq ft, $700K – $1.2M); 3 Bedroom (1,900 – 2,600 sq ft, $1.1M – $2M+). The building has 61 total residences. Floor, view, and finish level affect pricing within each type. The PRO Team can walk you through current availability and which configuration delivers the best value for your needs.

What is the pet policy at Regatta at Wayzata Bay?

Regatta at Wayzata Bay is pet-friendly. Pet-friendly. Dog wash station and walkable Lake Minnetonka trail access make Regatta one of the most practical luxury pet-owner buildings in the west metro. Confirm current breed and size restrictions. The PRO Team verifies current pet policies with the association for every buyer — rules can change, and breed or weight restrictions vary building to building. Never assume — ask us to confirm.

What is the rental policy at Regatta at Wayzata Bay?

Primarily owner-occupied. Limited rentals permitted. Verify current rental cap status with HOA. Regatta at Wayzata Bay has a rental cap, which limits the percentage of units that can be leased at any time. Rental cap status directly affects your financing options and future resale — some lenders won't approve loans in buildings where rental concentration exceeds thresholds. The PRO Team checks current rental availability and cap status as a standard part of our buyer due diligence.

What common area features does Regatta at Wayzata Bay have?

Regatta at Wayzata Bay features Heated underground parking, Club room with kitchen, Outdoor fire pits and terrace, Dog wash station, Fitness center and 4 additional amenities. Access to these amenities is included in the monthly HOA fee. The PRO Team can walk you through which amenities are most relevant for your lifestyle and how this building's amenity level compares to similar properties in the Wayzata market.

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Regatta at Wayzata Bay

CityWayzata, MN
NeighborhoodPromenade of Wayzata
StyleMid-Rise
Year Built2014
Floors4
Total Units61
Price Range$450K – $2M+
HOA Est.$550 – $1,200/mo
Search Available Units612-888-6127

Talk to a Condo Specialist

Building-specific insight, current inventory review, and HOA financial due diligence — before you make any offer.

Email The PRO Team 612-888-6127
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The PRO Team is a top-producing team at RE/MAX RESULTS, one of the top RE/MAX offices in the world. West metro condo specialists.

Listing Alerts

Be First in Line at Regatta at Wayzata Bay

The best units at Regatta at Wayzata Bay go under contract in days. The PRO Team will set up personalized listing alerts so you're the first buyer to know — and first in the door — when a unit hits the market.

RE/MAX RESULTS 5-Star Rated West Metro Condo Specialists
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Free Valuation

What's Your Regatta at Wayzata Bay Condo Worth?

Condo values at Regatta at Wayzata Bay vary significantly by floor, view, unit size, and upgrades. The PRO Team delivers free, building-specific valuations based on actual recent sales — not guesswork.

  • No-obligation valuation
  • Unit-specific pricing strategy
  • Targeted buyer marketing plan
RE/MAX RESULTS 5-Star Rated West Metro Condo Specialists

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