8 months on rocket

275 Lake St E Unit 103, Wayzata, MN, 55391

$2,249,000

Home List Price

$10,000*

Closing Credit

2 Bedrooms
1 Partial Bath
2,093 SqFt
$1,075/SqFt
Condo

Location

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275 Lake St E Unit 103, Wayzata$2,249,000

Buyer Closing Credits

$10,000*

1.25% Loan Amount

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Property Highlights

Home TypeCondominium
ParkingUnderground
Garage2 spaces
Year Built2018
HeatingForced Air
CoolingCentral Air
FireplaceGas
MLS #6492258
StatusActive

About 275 Lake St E Unit 103

Welcome to Wayzata Blu, a luxury boutique-style condo building located in the heart of Wayzata. Offering a convenient lifestyle with abundant recreational opportunities this petite eighteen-unit building offers its residents easy access to dining, shopping, and the Lake Minnetonka lifestyle with lakeside parks and marinas within easy walking distance. Tour the savvy two-bedroom, three-bathroom floor plan with all the right spaces for entertainment and daily living. Enjoy the large open floor plan with plenty of room to stretch out as well as indoor/outdoor living featuring a heated screen porch with phantom screens. Leverage the easy access to the property from the private entrance on Lake Street and unique 2-car parking spaces directly entering into the mudroom from the parking garage. Forward-thinking design, superior concrete construction, and top-of-the-line materials make Wayzata Blu the ideal place to call home. Dimensions and sq/ft taken from developer floor plan.

Property Details

Property Features

Property Information:

  • Year Built: 2018
  • Living Area: 2,093 SqFt

Listing Office:

  • Office Name: Compass

Interior Features

Interior Information:

  • Appliances: Cooktop, Dishwasher, Disposal, Dryer, Microwave, Refrigerator, Oven, Washer
  • Basement: No
  • Fireplace: Gas

Bedroom and Bathroom Information:

  • Partial Bathrooms: 1
  • Total Bedroom Count: 2

Exterior Features

Parking Information:

  • Garage Space: 2 spaces
  • Attached Garage: No
  • Parking: Underground

Lot Features

Lot Information:

  • Lot: Few Trees

Utilities

Utilities Information:

  • Heating: Forced Air
  • Cooling: Central Air

School Info

Assigned Schools Information:

  • Wayzata High School, Public District Grades 9-12
  • Wayzata West Middle School, Public District Grades 6-8
  • Gleason Lake Elementary School, Public District Grades KG-5

Other

Directions Information:

  • Directions: 394 W, 101 S, west on Wayzata Blvd to Superior Blvd, west on Lake Street (across from 6Smith Restaurant)

Price Information

Listing Price Info

Price Summary:

  • List Price: $2,249,000
  • Price Per SqFt: $1,075/SqFt

HOA Fees:

  • Amount: $807
  • Frequency: Monthly
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Housing Market Comparison

See how this home compares to others in Wayzata, MN.

Med. Sold Price

$969.1K

Med. Price/SqFt

$326

Avg. Days On Market

46

# of Sold Homes

26

275 Lake St E Unit 103 vs Wayzata

242 DAYS ON ROCKET

+196 Days

$2,249,000

+$1.2M More

$1,075/SqFt

+$749 More

KEY TAKEAWAY

This property is $1.2M more than the Median Sold Price and $749/SqFt more than other homes in Wayzata, MN.

Based on homes sold in the last 12 months

MLS Details

MLS Information:

  • MLS Name: NORTHSTAR
  • MLS Number: #6492258

Listing Office:

  • Office Name: Compass

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Property Sales & Tax

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Schools

Schools Nearby

The school rating is a score out of 10, where 10 is the highest and 1 is the lowest. Assigned schools have a bold outline.

Elementary School

school-card-donut-2101280
7
/10
  • Gleason Lake Elementary School

  • 310 County Road 101 N

  • 1.09 miles

  • Public District Grades KG-5

Middle School

school-card-donut-2101281
8
/10
  • Wayzata West Middle School

  • 149 Barry Ave N

  • 0.33 miles

  • Public District Grades 6-8

High School

school-card-donut-2101282
10
/10
  • Wayzata High School

  • 4955 Peony Ln N

  • 5.14 miles

  • Public District Grades 9-12

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $61,932. The majority of Wayzata, MN residents have income between $35k-100k annually. Typical family type is single, no kids. Most residents in this area have post secondary degree education.

All data provided by Home Junction and Claritas

Frequently Asked Questions About 275 Lake St E Unit 103

What is the listing price of this property?

The listing price of 275 Lake St E Unit 103 property is $2,249,000.

What type of property is this?

The property 275 Lake St E Unit 103 is a condo located in Wayzata, Minnesota, 55391.

Is this property for sale now?

Active Listing: 275 Lake St E Unit 103 is For Sale (Active/New) which means the seller is accepting offers.

What are the assigned schools for this property?

The assigned schools for 275 Lake St E Unit 103 are:
Gleason Lake Elementary School: GreatSchools Rating 7/10
Wayzata West Middle School: GreatSchools Rating 8/10
Wayzata High School: GreatSchools Rating 10/10

How many bedrooms and bathrooms does this property have?

The property at 275 Lake St E Unit 103 has 2 bedrooms and 3 bathrooms.

What is the square footage of this property?

The property 275 Lake St E Unit 103 is 2,093 SqFt (source: MLS/tax record).

Which year was this property built?

The year of construction for 275 Lake St E Unit 103 is 2018.

Rocket Homes›Minnesota›Hennepin County›Wayzata›55391›275 Lake St E Unit 103

This home is located at 275 Lake St E Unit 103 in Wayzata, MN and zip code 55391. This 2,093 square foot home was built in 2018. Features: 2 bedrooms, 3 bathrooms. It has been listed on Rocket Homes since March 08, 2024 and is currently priced at $2,249,000.

In October 2024, from all listings sold in Wayzata, MN there were more than 6 sold above asking price, over 14 sold below and more than 6 were sold right at the asked price. The inventory of homes for sale in Wayzata, MN between September 2024 and October 2024 increased by 10.9%. While the average time on the market in October 2024 was 46 days, the median list price was $969,166.

From Rocket Homes Real Estate and based on county public records data.

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