721 Rice Street E, Wayzata, MN 55391
Local realty services provided by:ERA Gillespie Real Estate
721 Rice Street E,Wayzata, MN 55391
$3,100,000
- 4 Beds
- 4 Baths
- 5,853 sq. ft.
- Single family
- Active
Listed by: carey willis crowell, richard a willis
Office: lakes sotheby's international realty
MLS#:7068170
Source:NSMLS
Price summary
- Price:$3,100,000
- Price per sq. ft.:$446.3
About this home
Set within Wayzata's coveted Bluff neighborhood, this spectacular Keith Waters Parade Home offers timeless architecture, exceptional craftsmanship, and an unrivaled walkable lifestyle. Just moments from Lake Minnetonka, the Panoway Boardwalk, Lake Street, boutique shopping, and acclaimed restaurants, this is a rare opportunity to own one of Wayzata's most distinguished residences.
Spanning 5,853 finished square feet, this custom-built home features four bedrooms, four bathrooms, and a three-car garage. A private elevator with wheelchair accessibility provides seamless access to all three levels, while expansive windows fill the home with natural light and showcase the peaceful and private tree-lined setting. Rich custom woodwork and quality finishes are showcased throughout, reflecting the home's timeless design.
A dramatic vaulted entry welcomes you into thoughtfully designed living spaces, where a gourmet kitchen flows seamlessly into the informal dining area and light-filled family room with a classic wood-burning fireplace. A formal dining room, executive office with custom built-ins, four-season sunroom, mudroom, powder bath, and inviting front patio complete the main level.
Upstairs, the luxurious primary suite offers a gas fireplace, spa-inspired bath, and walk-in closet with direct access to the laundry room. Two additional bedrooms feature walk-in closets, custom built-ins, and a Jack-and-Jill bath with private vanity areas.
Designed for entertaining, the lower level features a fourth bedroom with a private en suite, granite wet bar, climate-controlled wine cellar with capacity for approximately 1,000 bottles, sauna, and a rare cold storage room beneath the insulated three-car garage with access from both the home and garage.
Offering timeless design, exceptional craftsmanship, and one of Wayzata's most coveted locations, this remarkable residence presents a rare opportunity to experience luxury living at its finest....
Contact an agent
Home facts
- Year built:2002
- Subdivision & Development:Wayzata Rev
- Listing ID #:7068170
- Added:54 day(s) ago
- Updated:September 29, 2026 at 02:58 AM
Rooms and interior
- Bedrooms:4
- Total bathrooms:4
- Full bathrooms:3
- Half bathrooms:1
- Dining Description:Breakfast Bar, Eat In Kitchen, Separate/Formal Dining Room
- Bathrooms Description:Bathroom Ensuite, Full Basement, Main Floor 1/2 Bath, Separate Shower and Tub, Upper Level Full Bath, Walk-In Shower Stall
- Kitchen Description:Cooktop, Dishwasher, Disposal, Double Oven, Exhaust Fan, Freezer, Microwave, Refrigerator, Stainless Steel Appliances, Tankless Water Heater, Trash Compactor
- Basement:Yes
- Basement Description:Daylight / Lookout Windows, Drain Tiled, Egress Window(s), Finished, Storage Space, Sump Pump
- Living area:5,853 sq. ft.
Heating and cooling
- Cooling:Central Air, Zoned
- Heating:Forced Air, In-Floor Heating
- Central air:Yes
Structure and exterior
- Roof:Age 8 Years or Less, Asphalt
- Year built:2002
- Building area:5,853 sq. ft.
- Lot area:0.25 Acres
- Lot Features:Tree Coverage - Medium, Underground Utilities
- Levels:2 Story
Utilities
- Water:City Water - Connected
- Sewer:City Sewer - Connected
Finances and disclosures
- Price:$3,100,000
- Price per sq. ft.:$446.3
- Tax amount:$28,479 (2026)
Features and amenities
- Appliances:Disposal, Exhaust Fan, Microwave, Refrigerator, Stainless Steel Appliances, Tankless Water Heater, Washer, Water Softener Owned
- Laundry features:Dryer, Washer
- Amenities:Air-To-Air Exchanger, Electronic Air Filter, Humidifier, Tankless Water Heater, Water Filtration System, Water Softener Owned
Parking
- Parking description:Attached Garage, Floor Drain, Garage Door Opener, Insulated Garage, Shared Driveway
- Garage:Yes
- Garage spaces:3
New listings near 721 Rice Street E
- Coming Soon
$435,000Coming Soon4 beds 2 baths1,642 sq. ft.1316 Holdridge Terrace, Wayzata, MN 55391
MLS# 7149941Listed by: ENGEL & VOLKERS LAKE MINNETONKA - Coming Soon
$7,895,000Coming Soon6 beds 7 baths6,385 sq. ft.1225 Shoreline Drive, Wayzata, MN 55391
MLS# 7149399Listed by: EXP REALTY - Coming SoonOpen Thu, 5 to 7pm
$1,200,000Coming Soon5 beds 4 baths2,595 sq. ft.3455 Montgomerie Avenue, Wayzata, MN 55391
MLS# 7074248Listed by: EXP REALTY - New
$255,000Active2 beds 2 baths990 sq. ft.205 Barry Avenue S #207, Wayzata, MN 55391
MLS# 7151004Listed by: COLDWELL BANKER REALTY - New
$685,000Active4 beds 3 baths3,937 sq. ft.3200 Hazelwood W, Wayzata, MN 55391
MLS# 7118163Listed by: COLDWELL BANKER REALTY - SOUTHWEST REGIONAL - New
$699,000Active3 beds 4 baths2,358 sq. ft.145 Edgewood Court, Wayzata, MN 55391
MLS# 7149937Listed by: COLDWELL BANKER REALTY - New
$2,695,000Active4 beds 6 baths5,972 sq. ft.235 Hollander Road, Wayzata, MN 55391
MLS# 7149420Listed by: COMPASS - New
$1,749,000Active2 beds 3 baths3,312 sq. ft.740 Widsten Circle, Wayzata, MN 55391
MLS# 7147682Listed by: COLDWELL BANKER REALTY - Open Fri, 12 to 6pmNew
$3,580,800Active4 beds 3 baths4,349 sq. ft.109 Minnetonka Avenue S, Wayzata, MN 55391
MLS# 7146906Listed by: KELLER WILLIAMS PREMIER REALTY LAKE MINNETONKA - Open Tue, 11am to 1pmNew
$1,765,000Active5 beds 4 baths4,540 sq. ft.2526 Crosby Road, Wayzata, MN 55391
MLS# 7137477Listed by: COLDWELL BANKER REALTY