721 Rice Street E, Wayzata, MN
$3,100,000
4
Beds
4
Baths
6,946
Square feet
0.25
Acres
About 721 Rice Street E
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.
Features of 721 Rice Street E
| MLS® # | 7068170 |
|---|---|
| Price | $3,100,000 |
| Bedrooms | 4 |
| Bathrooms | 4.00 |
| Full Baths | 3 |
| Half Baths | 1 |
| Square Footage | 6,946 |
| Finished SQFT | 5,853 |
| Acres | 0.25 |
| Year Built | 2002 |
| Type | Single Family |
| Sub-Type | Residential |
| Status | Active |
| Contingency Type | None |
Community Information
| Address | 721 Rice Street E |
|---|---|
| Subdivision | Wayzata Rev |
| City | Wayzata |
| County | Hennepin |
| State | MN |
| Zip Code | 55391 |
Amenities
| Parking | Attached Garage, Shared Driveway, Floor Drain, Garage Door Opener, Insulated Garage |
|---|---|
| # of Garages | 3 |
| Is Waterfront | No |
| Has Pool | No |
Interior
| 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 |
|---|---|
| Heating | Forced Air, In-Floor Heating |
| Cooling | Central Air, Zoned |
| Fireplace | Yes |
| # of Fireplaces | 2 |
| Has Basement | Yes |
| Basement | Daylight/Lookout Windows, Drain Tiled, Egress Window(s), Finished, Storage Space, Sump Basket, Sump Pump |
Exterior
| Exterior Features | Stone, Stucco, Wood |
|---|---|
| Lot Description | Tree Coverage - Medium, Underground Utilities |
| Roof | Age 8 Years or Less, Asphalt |
School Information
| District | Wayzata |
|---|
Additional Information
| Zoning | Residential-Single Family |
|---|---|
| Foreclosure | No |
| Short Sale | No |
| Taxes | $28,479 |
| Tax Year | 2026 |
| Office | Lakes Sotheby's International Realty |
Listing Details
| Office | Lakes Sotheby's International Realty |
|---|