721 Rice E Street, Wayzata, Minnesota 55391

MN, Wayzata
$3,100,000
  • 4 Beds
  • 4 Bath
  • Residential Property Type
  • 2002 Year Built
  • Active Status
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Kyle Synowczynski
Kyle Synowczynski
  • (612) 688-6065
  • Kyle@StoneArchRealty.com
Property Description

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.

Basic Details
  • Property Type: Residential
  • Listing Type: For Sale
  • Listing ID: 7068170
  • Price: $3,100,000
  • Year Built: 2002
  • Listing Status: Active
  • Office Name: Lakes Sotheby's International Realty
  • Full Bathrooms: 3
  • Property Sub Type: Single Family
  • Roof: Asphalt,Age 8 Years or Less
Features
  • Heating System Forced Air,In-Floor Heating
  • Cooling System Central Air,Zoned
  • Basement Finished,Drain Tiled,Sump Pump,Daylight/Lookout Windows,Egress Window(s),Storage Space,Sump Basket
  • Fence None
  • Fireplace Gas,Living Room,Wood Burning,Primary Bedroom
  • Parking Attached Garage,Shared Driveway,Garage Door Opener,Floor Drain,Insulated Garage
  • Exterior Features Stone,Stucco,Wood
  • Fireplaces Total: 2
  • Laundry Features Laundry Room,Upper Level,Sink
  • Sewer City Sewer/Connected
Appliances
  • Cooktop
  • Dishwasher
  • Disposal
  • Dryer
  • Exhaust Fan
  • Freezer
  • Microwave
  • Refrigerator
  • Washer
  • Air-To-Air Exchanger
  • Humidifier
  • Water Softener Owned
  • Double Oven
  • Water Filtration System
  • Tankless Water Heater
  • Trash Compactor
  • Stainless Steel Appliances
  • Electronic Air Filter
Address Map
  • Country US
  • State MN
  • County Hennepin
  • City Wayzata
  • Zipcode 55391
  • Street: Rice
  • Street Number: 721
  • Street Suffix: Street
  • Longitude: W94° 29' 24.9''
  • Latitude: N44° 58' 17.1''
  • Directions: Wayzata Blvd to Broadway Ave, South 1 block to Rice Street, East to home on the left
  • Street Dir Suffix: E
Neighborhood
  • High School District: Wayzata
MLS Addon
  • Office Name: Lakes Sotheby's International Realty
Additional Information
  • Water Source: City Water/Connected
  • Accessibility Features: Accessible Elevator Installed
  • Building Size: 6946
  • Electric: Circuit Breakers,200+ Amp Service
  • Foundation Details: Other
  • Garage: 3
  • Levels: Two
  • Lot Features: Tree Coverage - Medium,Underground Utilities
  • Lot Size Dimensions: 66 x 166 x 66 x 165
Financial
  • Tax Annual Amount: 28479
Listing Information
  • Co List Agent Mls Id: 502002464
  • Co List Office Mls Id: 5302
  • Co List Office Name: Fazendin REALTORS
  • List Agent Mls Id: 502045327
  • List Office Mls Id: 300152
  • Modification Timestamp: 2026-09-14T14:50:06Z
  • Originating System Name: NorthStar
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