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Single family home for sale at 721 Rice St E, Wayzata, MN 55391 | MLS# 7068170 | Listing updated on 2026-09-29
Photo 1 of Single family home for sale at 721 Rice St E, Wayzata, MN 55391 | MLS# 7068170 | Listing updated on 2026-09-29
Photo 2 of Single family home for sale at 721 Rice St E, Wayzata, MN 55391 | MLS# 7068170 | Listing updated on 2026-09-29
Photo 3 of Single family home for sale at 721 Rice St E, Wayzata, MN 55391 | MLS# 7068170 | Listing updated on 2026-09-29
Photo 4 of Single family home for sale at 721 Rice St E, Wayzata, MN 55391 | MLS# 7068170 | Listing updated on 2026-09-29
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$3,100,000

Monthly Est:$15,430

  • Beds Icon4 Beds
  • Beds Icon
    4 Baths
  • Beds Icon5,853sqft

721 Rice St E, Wayzata, MN 55391

$15,430/moEst:

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  • Single Family Residence

  • Built in 2002

  • $-- HOA

  • 0.25 acre lot

  • $530/sq.ft

Description

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 pe
aceful 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.

  • Houzeo last checked: 0 minutes ago
  • Listing updated: September 29, 2026 at 12:15 am
  • Listing Provided by: Carey Willis Crowell (952) 999-3126 | Lakes Sotheby's International Realty (952) 230-3101
  • Source: Northstar MLS-MN | MLS#: 7068170 Northstar MLS-MN

Property Details

  • Status

    Active

  • Type

    Single Family Residence

  • No. of Stories

    -

  • County

    Hennepin County

  • City

    Wayzata

  • Neighborhood

    --

  • Year Built

    2002

  • HOA Fees

    -

  • Finished Area

    5,853 sqft

  • Lot Size

    0.25 acre lot

  • Basement Area

    - sqft

  • MLS Name

    Northstar MLS

  • MLS Number

    7068170

  • Days on Market

    61

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Location

Facts & Features

Rooms

  • Bedrooms & bathrooms

    Bedrooms: 4

    Bathrooms: 4

  • Bar/Wet Bar Room

    Level: Lower

    Area: 80.00 Square Feet

    Dimensions: 10x08

  • Dining Room

    Level: Main

    Area: 210.00 Square Feet

    Dimensions: 15x14

  • Family Room

    Level: Main

    Area: 513.00 Square Feet

    Dimensions: 27x19

  • Family Room

    Level: Lower

    Area: 1054.00 Square Feet

    Dimensions: 34x31

  • Bedroom

    Level: Upper

    Area: 441.00 Square Feet

    Dimensions: 21x21

  • Bedroom 4

    Level: Lower

    Area: 210.00 Square Feet

    Dimensions: 15x14

  • Informal Dining Room

    Level: Main

    Area: 150.00 Square Feet

    Dimensions: 15x10

  • Kitchen

    Level: Main

    Area: 304.00 Square Feet

    Dimensions: 19x16

  • Laundry

    Level: Upper

    Area: 140.00 Square Feet

    Dimensions: 14x10

  • Office

    Level: Main

    Area: 225.00 Square Feet

    Dimensions: 15x15

  • Bedroom 2

    Level: Upper

    Area: 391.00 Square Feet

    Dimensions: 23x17

  • Sauna

    Level: Lower

    Area: 30.00 Square Feet

    Dimensions: 06x05

  • Storage

    Level: Lower

    Area: 814.00 Square Feet

    Dimensions: 37x22

  • Sun Room

    Level: Main

    Area: 154.00 Square Feet

    Dimensions: 14x11

  • Bedroom 3

    Level: Upper

    Area: 360.00 Square Feet

    Dimensions: 20x18

Interior

  • Sewer

    City Sewer/connected

  • Cooling

    Central Air, Zoned

  • Heating

    Forced Air, In Floor Heating

  • Exterior Features

    Stone, Stucco, Wood

  • 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

Construction

  • Year Built

    Year Built: 2002

  • Home type

    Single Family Residence

  • Roof

    Age 8 Years Or Less, Asphalt

  • Foundation Details

    Other

Utilities & Energy

  • Laundry Features

    Laundry Room, Sink, Upper Level

  • Water Source

    City Water/connected

  • Basement

    Daylight/lookout Windows, Drain Tiled, Egress Window(s), Finished, Storage Space, Sump Basket, Sump Pump

  • Electric

    Circuit Breakers, 200+ Amp Service

  • Fireplace Features

    Gas, Living Room, Primary Bedroom, Wood Burning

  • Parking Features

    Attached Garage, Shared Driveway, Floor Drain, Garage Door Opener, Insulated Garage

Other Features

  • Subdivision Name

    Wayzata Rev

  • Lot Features

    Tree Coverage Medium, Underground Utilities

Price History

DateEventPrice

09/29/2026

Source: mls_logoNorthstar MLS-MN #NST7068170

Listed for Sale

$3,100,000

$530/sqft

Nearby Homes

Based on information submitted to the MLS GRID from the REGIONAL MULTIPLE LISTING SERVICE OF MINNESOTA, INC through Oct 11, 2026, 01:45AM. IDX information is provided exclusively for consumers’ personal, non-commercial use. It may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. The data is deemed reliable but is not guaranteed by MLS GRID. The use of the MLS GRID Data may be subject to an end-user license agreement prescribed by the Member Participant’s applicable MLS, if any and as amended from time to time. All data is obtained from various sources and may not have been verified by the broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.
Information deemed reliable but not guaranteed. The property data presented reflects information otherwise available from public records. The real estate broker participating in MLS and providing this information may not have represented the buyer or seller in some or all of the transactions. Listings courtesy of Northstar MLS as distributed by MLS GRID. © 2026 Regional Multiple Listing Service of Minnesota, Inc. All Rights Reserved.

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