Westway Condominiums | 201 Lake St E, Wayzata, MN 55391
Westway Condominiums is an exciting new luxury development planned for 201 Lake Street East in the heart of downtown Wayzata. Set on the site of the former Coldwell Banker Burnet building, demolition is scheduled for mid-2025, with construction to follow. Once completed, Westway will deliver a boutique collection of 38 luxury condominiums, three commercial units, and three flexible-use condos, all within walking distance of Lake Minnetonka and Wayzata’s vibrant downtown district.
Westway Condominiums For Sale & Lease
Westway Condominiums Real Estate Statistics
| Average Price | $3.3M |
|---|---|
| Lowest Price | $1.5M |
| Highest Price | $4.6M |
| Total Listings | 8 |
| Avg. Days On Market | 58 |
| Avg. Price/SQFT | $1.4K |
Property Types (active listings)
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More About Westway Condominiums
Designed as a three-story, mixed-use building spanning approximately 106,000 square feet, Westway blends modern sophistication with functionality. Residences will feature open-concept layouts, expansive windows, and premium finishes, allowing for abundant natural light and effortless living. Buyers will also have opportunities for customization, making each home a personalized reflection of their lifestyle.
With its prime location just steps from the Wayzata Beach, marina, boutiques, dining, and trails, Westway promises a seamless connection to both lake life and the energy of downtown. Following the success of nearby boutique developments such as Meyer Place, Wayzata Blu, and The Landing, Westway is already considered one of the most anticipated additions to the Lake Minnetonka real estate market.
Amenities
Westway Condominiums is being designed with a full suite of features to deliver both luxury and convenience, including:
- Boutique three-story building with 38 residences
- Additional commercial and flexible-use spaces integrated into the development
- Open-concept layouts with opportunities for customization
- Underground parking for residents
- High-end architectural finishes and modern exterior design
- Private balconies and terraces for outdoor living
- Walkable access to Lake Minnetonka, Wayzata Beach, shopping, dining, and community events
Own a condo in this building?
I'll show you what it would sell for today and how I would market it. It costs nothing, and what you do with it is up to you.
What I'll put together for you
- Recent sales in your building, with a focus on condos most comparable to yours based on bedrooms, bathrooms, parking, size, and overall condition.
- My recommended list price, along with the market data and strategy behind it.
- A tailored marketing plan, including staging, professional photography, online exposure, agent outreach, and how I'd position your condo to attract the strongest buyers.