201 Lake Street E, 114, Wayzata, MN 55391

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201 Lake Street E, 114, Wayzata, MN 55391

$3,585,500

Property Type: Residential Bedrooms: 2 Baths: 3 Square Footage: 2,512 Lot Size (sq. ft.): 118,919 Status: Active

Current Price: $3,585,500 List Date: 8/03/2026 Last Modified: 9/22/2026

Overview

Description

Residence #114 is a thoughtfully designed 2-bedroom + den home offering approximately 2,512 finished square feet, where generous proportions, seamless flow, and exceptional outdoor living create a residence equally suited for everyday comfort and gracious entertaining. A spacious open-concept kitchen anchors the home with an oversized center island, abundant cabinetry, and direct connections to both the dining area and living room, where a fireplace provides a natural focal point for gathering. The adjacent open den offers flexibility as a sophisticated home office, library, or intimate sitting area, while a walk-in pantry, dedicated laundry room, utility room, storage room, and powder room contribute to the home's exceptional functionality. Privately positioned, the primary suite serves as a quiet retreat with dual walk-in closets and a spacious full bath, while the guest suite enjoys its own bath and separation from the primary living spaces for enhanced privacy. Two south-facing ter ... (Read more) Residence #114 is a thoughtfully designed 2-bedroom + den home offering approximately 2,512 finished square feet, where generous proportions, seamless flow, and exceptional outdoor living create a residence equally suited for everyday comfort and gracious entertaining. A spacious open-concept kitchen anchors the home with an oversized center island, abundant cabinetry, and direct connections to both the dining area and living room, where a fireplace provides a natural focal point for gathering. The adjacent open den offers flexibility as a sophisticated home office, library, or intimate sitting area, while a walk-in pantry, dedicated laundry room, utility room, storage room, and powder room contribute to the home's exceptional functionality. Privately positioned, the primary suite serves as a quiet retreat with dual walk-in closets and a spacious full bath, while the guest suite enjoys its own bath and separation from the primary living spaces for enhanced privacy. Two south-facing terraces totaling approximately 545 square feet extend the living experience outdoors, creating inviting settings for morning coffee, dining, or relaxing in abundant natural light throughout the day. Secure underground parking completes the convenience of this well-appointed luxury residence. - - - - - - - - - - For buyers seeking a more personalized home, this residence is also available as a Shell Residence, allowing your developer-approved builder to complete the interior according to your vision, lifestyle, and design preferences. - - - - - - - - - - Beyond the home, 201 Lake Street offers an exceptional collection of amenities, including a heated underground garage, fitness center, sauna, library, club room, hospitality kitchen, secure lobby, pet-friendly outdoor gathering areas, and true lock-and-leave living - all within a short walk of Lake Minnetonka, Wayzata Beach, boutique shopping, acclaimed dining, and the Dakota Regional Trail. Visit our Wayzata Sales Office during one of our weekly open houses (see showing schedule) or contact our team to schedule a private presentation. - - - - - - - - - - All measurements, dimensions and specifications are approximate and subject to change until completion of the building's core and shell construction and recording of the Condominium Plat.

Listing Details MLS# 7120477

General Property Information

Assoc Mgmt Co. Phone #: 612-501-2505
Association Fee Frequency: Monthly
Association Mgmt Co. Name: TBD
Common Wall: Yes
Lot Measurement: Acres
Manufactured Home?: No
Multiple PIDs?: No
New Development: Yes
Number of Fireplaces: Yes
Waterfront YN: No
Year Built: 2027
Yearly/Seasonal: Yearly
Zoning: Residential-Single Family
Bath Full: Yes
Bath Three Quarters: Yes
Bath Half: Yes
Main Floor Total SqFt: 2512
Above Grd Total SqFt: 2512
Total SqFt: 2512
Total Finished Sqft: 2512.00
FireplaceYN: Yes
Style: (CC) Low Rise (3- Levels)
Foundation Size: 2512
Association Fee: 1784
Garage Stalls: 3
Lot Dimensions: 2512
Acres: 2.73
Assessment Pending: No

Property Features

Accessible: Accessible Elevator Installed; Other Air Conditioning: Central Air Amenities Shared: Common Garden; Elevator(s); Fire Sprinkler System; In-Ground Sprinkler System; Lobby; Porch; Sauna; Trail(s); Other Association Fee Includes: Building Exterior; Controlled Access; Hazard Insurance; Lawn Care; Outside Maintenance; Professional Mgmt; Security System; Snow Removal; Other Basement: Full Construction Status: To Be Built/Floor Plan Exterior: Brick/Stone; Cement Board; Engineered Wood; Wood; Other Fireplace Characteristics: Gas Burning Foundation: Poured Concrete Fuel: Electric; Natural Gas Heating: Forced Air Laundry: In Unit Lock Box Type: None Parking Characteristics: Secured Sewer: City Sewer/Connected Shared Rooms: Community Room; Exercise Room; Other 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

Contract Information

Maximum Price: 5399400
Minimum Price: 1209500
Contingency: None
Original List Price: 3585500
ListPrice: 3585500
Owner is an Agent?: No
Auction?: No

Location Tax and Other Information

House Number: 201
Street Name: Lake
Street Suffix: Street
Street Direction Suffix: E
Unit Number: 114
Postal City: Wayzata
County: Hennepin
State: MN
Zip Code: 55391
Complex/Dev/Subdivision: Lake West

Building Information

Availability Dt for Closing: 2027-12-01
Finished SqFt Above Ground: 2512

Lease Details

Land Leased: Not Applicable

More Information

Miscellaneous Information

Homestead: No

Model Information

Hours Model Open: By Appointment & See Open House Schedule
Model Location: 319+ Barry Avenue South, Suite201, Wayzata, MN 55391
Model Phone: 612-723-1975

Ownership

Fractional Ownership: No

Parking Characteristics

Garage Stall ID#: TBD

Public Survey Info

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

Unit Details

Total Units Available: 38

Room Information

Room Name	Dimensions	Level
Bathroom	10'7" x 6'1"	Main
Bathroom	6'4" x 5'7"	Main
Den	13'8" x 12'8"	Main
Dining Room	14'2" x16'	Main
First (1st) Bedroom	14'3" x16'	Main
Foyer	6'2" x 18'10"	Main
Kitchen	17'8" x 13'6"	Main
Laundry	12'6" x 6'6"	Main
Living Room	17'4" x 19'4"	Main
Primary Bath	16' x 9'9"	Main
Pantry (Walk-In)	10'8" x 10'3"	Main
Second (2nd) Bedroom	11'4" x 11'6"	Main

Documents

114 Plan Set.pdf ›

Why 201 Lake Street Condominiums.pdf ›

All Floors _ All Unit Plans.pdf ›

Landscape Plans.pdf ›

201 Lake St _ Marketing PDF _ Public.pdf ›

Listing Office: US Brokerage, LLC

Last Updated: September - 22 - 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.