721 Rice St E

Wayzata, MN 55391
  • $3,100,000

    Price
  • 4

    Bed
  • 4

    Bath
  • 5,853

    SqFt
  • 0.25

    Acre

Open House Times

  • Sat. Sep. 26 at 11:00am to 2:00pm

About the Listing 300152 - 502045327,502002464

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.

Listing Highlights

Status Active
Days on Site 49
Property Type Residential
MLS ® 7068170
Year Built 2002
Total Square Footage 5,853
Lot/Acreage 0.25
County Hennepin
Neighborhood Wayzata Rev
School District Wayzata

Interior Details

  • Bedrooms: 4
  • Bathrooms: 3 Full / 1 Half
  • Appliances: Air-To-Air Exchanger, Cooktop, Dishwasher, Disposal, Double Oven, Dryer, Electronic Air Filter, Exhaust Fan, Freezer, Humidifier, Water Filtration System, Microwave, Refrigerator, Stainless Steel Appliances, Tankless Water Heater, Trash Compactor, Washer, Water Softener Owned
  • Air Cond: Central Air,Zoned
  • Heating: Forced Air,In-Floor Heating,Natural Gas
  • Fireplaces: 2, Gas,Living Room,Primary Bedroom,Wood Burning
  • Floor:
  • Above Ground Sq Ft: 4160
  • Below Ground Sq Ft: 1693
  • Basement: Daylight/Lookout Windows,Drain Tiled,Egress Window(s),Finished,Storage Space,Sump Basket,Sump Pump
  • Other: Ceiling Fan(s),French Doors,Hardwood Floors,Intercom System,Kitchen Center Island,Kitchen Window,Primary Bedroom Walk-In Closet,Natural Woodwork,Patio,Paneled Doors,Sauna,Security System,In-Ground Sprinkler,Sun Room,Tile Floors,Vaulted Ceiling(s),Washer/Dryer Hookup,Wet Bar,Walk-In Closet,Double Sink,Bathroom Ensuite,Full Primary,Full Basement,Full Jack & Jill,Private Primary,Main Floor 1/2 Bath,Separate Tub & Shower,Upper Level Full Bath,Walk-In Shower Stall,Breakfast Bar,Eat In Kitchen,Separate/Formal Dining Room,2nd Floor Laundry,3 BR on One Level
  • Water: City Water/Connected

Exterior Details

  • Lot Description: Tree Coverage - Medium,Underground Utilities
  • Garage Capacity: 3 car
  • Lot Dimensions: 66 x 166 x 66 x 165
  • Zoning: Residential-Single Family
  • Roof: Age 8 Years or Less,Asphalt
  • Others:
  • Sewer: City Sewer/Connected
  • Parking Features: Attached Garage,Shared Driveway,Floor Drain,Garage Door Opener,Insulated Garage

Financial Details

  • Tax Amount: $28,479
  • Taxes w/Assessments: N/A
  • Tax/Property ID: 0611722130041
  • Tax Year: 2026

Payment Calculator

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721 Rice St E Wayzata, MN 55391

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Originating MLS: northstar

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Brad Bemowski

Realtor and Licensed Real Estate Broker | Brad Bemowski | Homcentric Real Estate, powered by Property Executives Realty

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