Back to Search
721 Rice St E, Wayzata, MN 55391
721 Rice St E, Wayzata, MN 55391
721 Rice St E, Wayzata, MN 55391
721 Rice St E, Wayzata, MN 55391
721 Rice St E, Wayzata, MN 55391
721 Rice St E, Wayzata, MN 55391
721 Rice St E, Wayzata, MN 55391

721 Rice St E Wayzata, MN 55391

$3,100,000

ACTIVE
Beds
4
Baths
4
Sqft
5,853
Acres
0.25
Year
2002
Days on Site
6 Days
Property Type
Residential
Sub Type
Single Family
Per Square Foot
$530
Date Listed
Aug 5, 2026

Description of 721 Rice St E, Wayzata, MN 55391

Listing details for 721 Rice St E, Wayzata, MN 55391 : 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 Updated : 08-14-2026 at 7:27 PM CDT
Source

NorthstarMLS as distributed by MLS GRID, MLS#: NST7068170

Open Houses

18
Tue, August
11:00 AM - 1:00 PM
18
Tue, August
11:00 AM - 1:00 PM
For more information on this listing contact us at 612-712-1154

Property History

DateEventPrice
8/5/2026
Listed for sale
$3,100,000
$530/sqft
Source:NorthstarMLS #NST7068170
Home Worth Check

Interested in 721 Rice St E, Wayzata, MN 55391?

I agree to be contacted by Grumdahl Group via call, email, and text for real estate services. 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. For more information, please review our Privacy Policy.

Location of 721 Rice St E, Wayzata, MN 55391

Google Map
Mortgage Calculator
Listing Price
Down Payment
Interest Rate

Schools Near 721 Rice St E, Wayzata, MN 55391

For more information on this listing contact us at 612-712-1154

Homes Similar to 721 Rice St E, Wayzata, MN 55391

Based on information submitted to the MLS GRID as of 2026-08-15. 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. Some IDX listings have been excluded from this website. By searching NorthstarMLS listings you agree to the NorthstarMLS End User License Agreement
HomeWayzataWayzata Rev
For more information on this listing contact us at 612-712-1154