- Overview
- Description
- Property Details
- Location
- Facts & Features
- Getting Around
- Nearby Homes
$3,100,000
Monthly Est:$15,430
4 Beds
- 4 Baths
3 full baths + 1 half bath
5,853sqft
721 Rice St E, Wayzata, MN 55391
$3,100,000
$15,430/moEst:
Get Pre-Approved
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 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.
- 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

Property Details
Status
Active
Type
Single Family Residence
No. of Stories
-
County
City
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

Continue Your Journey in App
Find your dream home, receive real-time updates, and many more!
Download App
Continue Your Journey in App
Find your dream home, receive real-time updates, and many more!
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
| Date | Event | Price |
|---|---|---|
09/29/2026 Source: | Listed for Sale | $3,100,000 $530/sqft |
Nearby Homes
Find Homes by Property Features in Wayzata, MN
Nearby New Homes For Sale
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.
Advertising Broker: Moe Mossa (Savvy Avenue) (612) 490-1268 | Savvy Avenue, LLC














