$3,100,000
721 Rice E Street
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.
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 Provided Courtesy of Lakes Sotheby’s International Realty
Property Details
Price:
$3,100,000
MLS #:
NST7068170
Status:
Active
Beds:
4
Baths:
4
Type:
Single Family
Subdivision:
Wayzata Rev
Listed Date:
Aug 5, 2026
Finished Sq Ft:
5,853
Total Sq Ft:
6,946
Lot Size:
10,890 sqft / 0.25 acres (approx)
Year Built:
2002
Schools
School District:
Wayzata
Interior
Above Grade Finished Area
4160
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
Bathrooms
3 Full Bathrooms, 1 Half Bathroom
Below Grade Finished Area
1693
Cooling
Central Air, Zoned
Fireplaces Total
2
Heating
Forced Air, In-Floor Heating
Laundry Features
Laundry Room, Sink, Upper Level
Levels
Two
Exterior
Accessibility Features
Accessible Elevator Installed
Exterior Features
Stone, Stucco, Wood
Fencing
None
Garage Spaces
3
Lot Features
Tree Coverage – Medium, Underground Utilities
Parking Features
Attached Garage, Shared Driveway, Floor Drain, Garage Door Opener, Insulated Garage
Roof
Age 8 Years or Less, Asphalt
Financial
Tax Year
2026
Taxes
$28,479
Map
Similar Listings Nearby

Copyright 2026. All rights reserved.
721 Rice E Street
Wayzata, MN





