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MLS: #7068170, Listed By: Carey Crowell, Lakes Sotheby's International Realty, Source:FargoMoorhead Area Association of REALTORS

721 Rice Street

Wayzata, MN 55391
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Bed 4

Bed

Bath 4

Bath

SqFt5,853

Sqft

Acres0.25

Acre(Lot)

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 th e 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.

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Detail Ic Property Details

Property Type : Residential

Price : $3,100,000

AD Id : 89148752

MLS Id : 7068170

Beds : 4

Lot Size : 0.25 Acre

Living Area Size : 5,853

Year Built : 2002

Garage : 3

County : Hennepin

Subdivision: Wyndham Lakes P-1

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Feature Features

  • Bedroom Information

    Total beds: 4

    Bathroom Information

    Total Baths: 4 Full Baths: 3 Half Baths: 1

    Room Information

    Rooms Total: 14 Has Basement: Yes Basement: Storage Space, Sump Pump
  • Flooring Information

    Hardwood, Tile
  • Roofing Information

    Asphalt, Shingle
  • Interior Features

    Elevator, Ceiling Fan(s), Kitchen Island, Sauna, Vaulted Ceiling(s), Walk-In Closet(s), Wet Bar Roof: Asphalt, Shingle Appliances: Cooktop, Dishwasher, Disposal, Double Oven, Dryer, Freezer, Microwave, Refrigerator, Trash Compactor, Washer, Water Purifier Laundry Features: Laundry Room, Sink, Upper Level, Washer Hookup
  • Heating & Cooling

    Has Heating: Yes Heating: Forced Air, Radiant Floor Has Cooling: Yes Cooling: Zoned, Central Air

  • Building Information

    Year Built: 2002 Building Area Total: 6946 Stories: 2 Patio And Porch Features: Patio Private Pool: No

  • Lot Information

    Lot Dimensions: 66 x 166 x 66 x 165 Main Square Feet: 0.25 Acres Lot Size Acres: 0.25 Lot Size Square Feet: 10890

    Property Information

    Subdivision: Wayzata Rev Source Property Type: Residential Postal Code Plus 4: 1722 Property SubType: Single Family Residence Levels: Two Property Age: 24

  • Listing Price Information

    Listing Price: $3100000 Cash, Conventional

  • Tax Information

    Parcel Number: 0611722130041 Tax Year: 2026 Annual Tax: $28479 Tax Legal Desc: LOT 005 BLOCK 011 WAYZATA REVISED

  • Parking Information

    Shared Driveway, Garage Door Opener, Driveway, Garage

    Garage Information

    Has Garage: Yes Garage Space: 3

  • Utility Information

    Underground Utilities
  • Location Information

    Direction: Wayzata Blvd to Broadway Ave, South 1 block to Rice Street, East to home on the left WaterSource: Public Security Features: Security System
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Nearby Home Value

Address Estimate Bed Bath Sq. Ft Lot Size
1615 Northridge Drive, Wayzata, MN, 55391 $1,795,000 6 8 7,608 7,608 SqFt
2935 Minnehaha Curve, Wayzata, MN, 55391 $1,990,000 5 5 6,784 6,784 SqFt
14250 Trace Ridge Road, Wayzata, MN, 55391 $1,649,000 4 5 5,637 5,637 SqFt
14717 Minnehaha Place, Wayzata, MN, 55391 $749,900 4 4 4,191 4,191 SqFt
14711 Woodruff Road, Wayzata, MN, 55391 $628,900 3 3 2,118 2,118 SqFt
1912 Linner Woods Court, Wayzata, MN, 55391 $2,100,000 5 4 4,938 4,938 SqFt
2312 Sheridan Hills Road, Wayzata, MN, 55391 $1,125,000 4 3 2,957 2,957 SqFt
2224 Portico Green, Wayzata, MN, 55391 $1,799,000 4 4 4,425 4,425 SqFt
16458 Ringer Road, Wayzata, MN, 55391 $1,150,000 4 4 5,285 5,285 SqFt
2300 Bantas Point Road, Wayzata, MN, 55391 $1,700,000 4 5 4,315 4,315 SqFt
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The data relating to real estate for sale on this website comes in part from the Internet Data exchange (IDX) program of the FMAAR MLS. Real estate listings held by brokerage firms other than ByOwner are marked with the listing office name. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information deemed reliable but not guaranteed. Copyright ©2026 Fargo-Moorhead Area Association of REALTORS®. No reproduction, compilation, retransmission or distribution of this data is permitted in any manner without the express, written permission of the Fargo-Moorhead Area Association of REALTORS®.

ByOwner last updated this listing 08/17/2026 @ 23:29

MLS: 7068170 LISTED BY: Carey Crowell, Lakes Sotheby's International Realty 952-230-3101 SOURCE: FargoMoorhead Area Association of REALTORS

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