715 Rice Street E Wayzata, MN $ 3,695,000
715 Rice Street E
$ 3,695,000
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715 Rice Street E

Wayzata, MN, 55391
$ 3,695,000
Bedrooms3 Baths3.2 Sq 5,314

Monthly Estimate*

$ 25,520

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Single Family Home for sale in Wayzata, MN

for $3,695,000 with 3 bedrooms and 3 full baths, 2 half baths. This 5,314 square foot home was built in 2001 on a lot size of 0.25.

Fresh, modern, updated luxury, all at the heart of downtown Wayzata. Elevator access to all three levels elevates everyday convenience. The first renovation by Denali introduced a bright, open layout with a stunning new kitchen, wide-plank white oak floors, steel beam accents, and a refined primary suite bath. A design continuation by PKA, Engler Studios and Welch Forsman elevated the remaining spaces, delivering a cohesive, sophisticated home, including all new kitchen appliances. The fully remodeled lower level features a sauna and exceptional entertaining space, complemented by all-new mechanicals, AV, cameras, and security systems. A two story entry was artfully converted into a stylish secondary office, while the heated, epoxy coated garage and permeable paver driveway add everyday ease. Thoughtful all-new landscaping frames a private outdoor oasis complete with gas fireplace, fountain, paver patio, and spa. Fresh, whole-house exterior professional painting just completed. Every detail and system has been meticulously addressed—offering an unparalleled, move in ready residence at a fraction of new construction cost.

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Single Family Active

Price

$ 3,695,000

Bedrooms

3

Full Bath

3

Half Bath

2

Property Type

Single Family

Taxes

$ 34,586

Style

Single Family

Lot Size

0.25

Year Built

2001

Town/City

Wayzata

County/Region

Hennepin

MLS | Web ID

7022564

Features
General
Living Area 5314
Sewer City Sewer/Connected
Heating Forced Air In-Floor Heating
Cooling Central Air
Roof Age 8 Years or Less Asphalt
Appliances Air-To-Air Exchanger Cooktop Dishwasher Disposal Double Oven Dryer Exhaust Fan Humidifier Gas Water Heater Water Filtration System Microwave Refrigerator Stainless Steel Appliances Wall Oven Washer W
HOA Fee 0
Garage Spaces 2
Pool Features None
Year Built 2001
Electric Circuit Breakers
Levels Two
Property Subtype Single Family
Tax Year 2026
Accessibility Accessible Elevator Installed
County Hennepin
New Construction N
Property Type Residential
HOA N
Contingency None
Subdivision Name Wayzata
Full Baths 1
Directions Lake Street E to north on Broadway. East on Rice Street to home.
City Wayzata
High School District Wayzata
Zoning Description Residential-Single Family
Lot Size Units Acres
Property Attached Y/N N
Land Lease Y/N N
Tax Annual Amount 34586
Additional Parcels Y/N N
Virtual Tour https://tours.spacecrafting.com/n3d-fsnrzw
Standard Status Active
Lender Owned No
Amenities Unit Ceiling Fan(s) French Doors Hardwood Floors Hot Tub Kitchen Center Island Kitchen Window Primary Bedroom Walk-In Closet Patio Sauna Security System In-Ground Sprinkler Tile Floors Washer/Dryer Hookup
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Interior
Basement Drain Tiled Egress Window(s) Finished Full Concrete Storage Space Sump Pump
Total Fireplaces 3
Fireplace Features Family Room Gas Living Room Other Stone
Basement (Y/N) Y
Fireplace Y/N Y
Above Grade Finished Area 4204
Half Baths 2
1/4 Baths 0
3/4 Baths 2
Laundry Features Laundry Room Upper Level
Total Bedrooms 3
Below Grade Finished Area 1110
Total Baths 5
Bath Desc 1/2 Basement Double Sink Bathroom Ensuite Full Primary His and Her Closets Private Primary Main Floor 1/2 Bath Sauna Separate Tub & Shower Upper Level 3/4 Bath Upper Level Full Bath
Dining Room Description Breakfast Area Living/Dining Room Separate/Formal Dining Room
Fuel Natural Gas
Garage Dimensions 25x25
Garage Door Width 8
Garage Square Feet 679
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Exterior
Fencing Full
Parking Features Attached Garage Driveway - Other Surface Floor Drain Garage Door Opener Heated Garage Insulated Garage
Lot Features Tree Coverage - Light
Water Source City Water/Connected
Lot Size Area 0.25
Building Area Total 6027
Lot Dimensions 66x165x66x166
Waterfront Y/N N
Foundation Area 1823
Road Frontage Type City Street Paved Streets
Road Responsibility Public Maintained Road
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Internal Only
Street Number 1 715
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* Excluded Features
List By
Coldwell Banker Realty - Lakes

Broker

chad@berglarsengroup.com

Email

Affordability Calculator

$28,403
Per Month
90%
10%
0%
Monthly Principal & Interest
$25,520
Monthly Property Taxes
$2,882
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 7.375% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
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Nearby
708614 Elementary School
708529 Middle School
Unknown High School High School
Pricing History
DatePricePrice ChangeDescription
8/28/2026$3,695,000 -7.58% Price Down
3/2/2026$3,998,000 Listed Price

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715 Rice Street E, Wayzata, MN, 55391 is a Single Family Home for sale at $3,695,000 with 5,314 sqft and a lot size of 0.25. 715 Rice Street E has 3 bedrooms, 3.2 baths, and was built in 2001. The property's zip code is 55391 which is in Wayzata, MN