721 rice street e

Wayzata, MN 55391

$3,100,000

4 BEDS 4 BATHS
5,853 SQFT0.25 AC LOT
Residential - Single Family
New Listing
Image 1
Image 2
Image 3
Image 4
Bedrooms 4
Total Baths 4
Full Baths 3
Square Feet 5853
Acreage 0.25
Status Active
MLS # 7068170
County Hennepin
More Info
Category Residential - Single Family
Status Active
Square Feet 5853
Acreage 0.25
MLS # 7068170
County Hennepin
Listed By: Listing Agent Carey M. Crowell
Lakes Sotheby's International Realty - (952) 230-3101
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
Street
Satellite

Exterior Features

  • Construction Single Family
  • Roof Age 8 Years or Less, Asphalt
  • Garage Yes
  • Garage Description Attached Garage, Shared Driveway, Floor Drain, Garage Door Opener, Insulated Garage
  • Water City Water/Connected
  • Sewer City Sewer/Connected
  • Lot Dimensions 66 x 166 x 66 x 165
  • Lot Description Tree Coverage - Medium, Underground Utilities

Interior Features

  • 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
  • Basement Daylight/Lookout Windows, Drain Tiled, Egress Window(s), Finished, Storage Space, Sump Basket, Sump Pump
  • Fireplaces 1
  • Fireplaces Description Gas, Living Room, Primary Bedroom, Wood Burning
  • Living Area 5,853 SQFT
  • Year Built 2002

Neighborhood & Schools

  • Subdivision Wayzata Rev
  • School Disrict 284 - Wayzata

Financial Information

  • Parcel ID 0611722130041
  • Zoning Residential-Single Family

Listing Information

Listing Provided Courtesy of Lakes Sotheby's International Realty - (952) 230-3101
Listings courtesy of the Northstar MLS as distributed by MLS GRID.

IDX information is provided exclusively for consumers’ personal noncommercial use, that it may not be used for any purpose other than to identify prospective properties consumers may be interestedin purchasing, that the data is deemed reliable but is not guaranteed by MLS GRID, and that 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. MLS GRID may, at its discretion, require use of other disclaimers as necessary to protect Member Participant, and/or their MLS from liability.

Based on information submitted to the MLS GRID as of 08/18/2026 03:42:58 UTC. All data is obtained from various sources and may not have been verified by 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.

The Digital Millennium Copyright Act of 1998, 17 U.S.C. § 512 (the "DMCA") provides recourse for copyright owners who believe that material appearing on the Internet infringes their rights under U.S. copyright law. If you believe in good faith that any content or material made available in connection with our website or services infringes your copyright, you (or your agent) may send us a notice requesting that the content or material be removed, or access to it blocked. Notices must be sent in writing by email to: DMCAnotice@MLSGrid.com.

The DMCA requires that your notice of alleged copyright infringement include the following information: (1) description of the copyrighted work that is the subject of claimed infringement; (2) description of the alleged infringing content and information sufficient to permit us to locate the content; (3) contact information for you, including your address, telephone number and email address; (4) a statement by you that you have a good faith belief that the content in the manner complained of is not authorized by the copyright owner, or its agent, or by the operation of any law; (5) a statement by you, signed under penalty of perjury, that the information in the notification is accurate and that you have the authority to enforce the copyrights that are claimed to be infringed; and (6) a physical or electronic signature of the copyright owner or a person authorized to act on the copyright owner’s behalf. Failure to include all of the above information may result in the delay of the processing of your complaint.

The data relating to real estate for sale on this web site comes in part from the Broker Reciprocity℠ Program of the Regional Multiple Listing Service of Minnesota, Inc. Real estate listings held by brokerage firms other than Lake Homes Realty are marked with the Broker Reciprocity℠ logo or the Broker Reciprocity℠ thumbnail logo (little black house) and detailed information about them includes the name of the listing brokers.
Copyright 2026 Regional Multiple Listing Service of Minnesota, Inc. All rights reserved. By searching Northstar MLS listings you agree to the Northstar MLS End User License Agreement.
Listing data is current as of 08/18/2026.

Contact Our Agent

By clicking “Submit,” I agree to be contacted by Lake Homes Realty, LLC, its affiliates, and real estate professionals via call, text, and email for real estate services. This includes by automated means, even if your number is on a federal, state, or our internal Do Not Call list. To opt out, you can reply "stop" at any time or reply "help" for assistance. You can also click the unsubscribe link in the emails. Message and data rates may apply. Message frequency may vary. You also agree to our Terms of Use and Privacy Policy.