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
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 Type | Square Footage | Price Range |
|---|---|---|
| 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+ |
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
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
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.
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:
Beyond the list price, HOA fees define the real cost of ownership. The PRO Team reviews reserve fund adequacy before any offer.
Garage & Storage
Heated underground parking. One or two spaces depending on unit. Confirm at time of purchase.
Private storage units assigned to each residence.
Pet & Rental Policies
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.
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
Neighborhood Context
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
One of Minnesota's top-ranked districts — rated 10/10 and nationally recognized for academic excellence.
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.
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.
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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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.
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