ACTIVE$3,100,000
View of Residential at 721 Rice Street, Wayzata MN 55391, Wayzata - Mike Wilen | Minnesota Team Real Estate

Property information

Beds
4
Baths
4
Sq Ft
5,853
Year Built
2002
Property Type
Single Family
Acres
0.25
County
Hennepin
Waterfront
No
Waterfront View
—
Waterfront Feet
—
Water Body
—
Parking
3
Basement
Finished
Price/Sqft
$530
Stories
Two
HOA Fee
$0
Updated
1 D AGO
List Date
8/5/2026

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.

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View of Residential at 721 Rice Street, Wayzata MN 55391, Wayzata (2 of 50) - Mike Wilen | Minnesota Team Real Estate
View of Residential at 721 Rice Street, Wayzata MN 55391, Wayzata (3 of 50) - Mike Wilen | Minnesota Team Real Estate
View of Residential at 721 Rice Street, Wayzata MN 55391, Wayzata (4 of 50) - Mike Wilen | Minnesota Team Real Estate
View of Residential at 721 Rice Street, Wayzata MN 55391, Wayzata (5 of 50) - Mike Wilen | Minnesota Team Real Estate
View of Residential at 721 Rice Street, Wayzata MN 55391, Wayzata (6 of 50) - Mike Wilen | Minnesota Team Real Estate
View of Residential at 721 Rice Street, Wayzata MN 55391, Wayzata (7 of 50) - Mike Wilen | Minnesota Team Real Estate
View of Residential at 721 Rice Street, Wayzata MN 55391, Wayzata (8 of 50) - Mike Wilen | Minnesota Team Real Estate
View of Residential at 721 Rice Street, Wayzata MN 55391, Wayzata (9 of 50) - Mike Wilen | Minnesota Team Real Estate
View of Residential at 721 Rice Street, Wayzata MN 55391, Wayzata (10 of 50) - Mike Wilen | Minnesota Team Real Estate
View of Residential at 721 Rice Street, Wayzata MN 55391, Wayzata (11 of 50) - Mike Wilen | Minnesota Team Real Estate
View of Residential at 721 Rice Street, Wayzata MN 55391, Wayzata (12 of 50) - Mike Wilen | Minnesota Team Real Estate
View of Residential at 721 Rice Street, Wayzata MN 55391, Wayzata (13 of 50) - Mike Wilen | Minnesota Team Real Estate
View of Residential at 721 Rice Street, Wayzata MN 55391, Wayzata (14 of 50) - Mike Wilen | Minnesota Team Real Estate
View of Residential at 721 Rice Street, Wayzata MN 55391, Wayzata (15 of 50) - Mike Wilen | Minnesota Team Real Estate
View of Residential at 721 Rice Street, Wayzata MN 55391, Wayzata (16 of 50) - Mike Wilen | Minnesota Team Real Estate
View of Residential at 721 Rice Street, Wayzata MN 55391, Wayzata (17 of 50) - Mike Wilen | Minnesota Team Real Estate
View of Residential at 721 Rice Street, Wayzata MN 55391, Wayzata (18 of 50) - Mike Wilen | Minnesota Team Real Estate
View of Residential at 721 Rice Street, Wayzata MN 55391, Wayzata (19 of 50) - Mike Wilen | Minnesota Team Real Estate
View of Residential at 721 Rice Street, Wayzata MN 55391, Wayzata (20 of 50) - Mike Wilen | Minnesota Team Real Estate
View of Residential at 721 Rice Street, Wayzata MN 55391, Wayzata (21 of 50) - Mike Wilen | Minnesota Team Real Estate
View of Residential at 721 Rice Street, Wayzata MN 55391, Wayzata (22 of 50) - Mike Wilen | Minnesota Team Real Estate
View of Residential at 721 Rice Street, Wayzata MN 55391, Wayzata (23 of 50) - Mike Wilen | Minnesota Team Real Estate
View of Residential at 721 Rice Street, Wayzata MN 55391, Wayzata (24 of 50) - Mike Wilen | Minnesota Team Real Estate
View of Residential at 721 Rice Street, Wayzata MN 55391, Wayzata (25 of 50) - Mike Wilen | Minnesota Team Real Estate
View of Residential at 721 Rice Street, Wayzata MN 55391, Wayzata (26 of 50) - Mike Wilen | Minnesota Team Real Estate
View of Residential at 721 Rice Street, Wayzata MN 55391, Wayzata (27 of 50) - Mike Wilen | Minnesota Team Real Estate
View of Residential at 721 Rice Street, Wayzata MN 55391, Wayzata (28 of 50) - Mike Wilen | Minnesota Team Real Estate
View of Residential at 721 Rice Street, Wayzata MN 55391, Wayzata (29 of 50) - Mike Wilen | Minnesota Team Real Estate
View of Residential at 721 Rice Street, Wayzata MN 55391, Wayzata (30 of 50) - Mike Wilen | Minnesota Team Real Estate
View of Residential at 721 Rice Street, Wayzata MN 55391, Wayzata (31 of 50) - Mike Wilen | Minnesota Team Real Estate
View of Residential at 721 Rice Street, Wayzata MN 55391, Wayzata (32 of 50) - Mike Wilen | Minnesota Team Real Estate
View of Residential at 721 Rice Street, Wayzata MN 55391, Wayzata (33 of 50) - Mike Wilen | Minnesota Team Real Estate
View of Residential at 721 Rice Street, Wayzata MN 55391, Wayzata (34 of 50) - Mike Wilen | Minnesota Team Real Estate
View of Residential at 721 Rice Street, Wayzata MN 55391, Wayzata (35 of 50) - Mike Wilen | Minnesota Team Real Estate
View of Residential at 721 Rice Street, Wayzata MN 55391, Wayzata (36 of 50) - Mike Wilen | Minnesota Team Real Estate
View of Residential at 721 Rice Street, Wayzata MN 55391, Wayzata (37 of 50) - Mike Wilen | Minnesota Team Real Estate
View of Residential at 721 Rice Street, Wayzata MN 55391, Wayzata (38 of 50) - Mike Wilen | Minnesota Team Real Estate
View of Residential at 721 Rice Street, Wayzata MN 55391, Wayzata (39 of 50) - Mike Wilen | Minnesota Team Real Estate
View of Residential at 721 Rice Street, Wayzata MN 55391, Wayzata (40 of 50) - Mike Wilen | Minnesota Team Real Estate
View of Residential at 721 Rice Street, Wayzata MN 55391, Wayzata (41 of 50) - Mike Wilen | Minnesota Team Real Estate
View of Residential at 721 Rice Street, Wayzata MN 55391, Wayzata (42 of 50) - Mike Wilen | Minnesota Team Real Estate
View of Residential at 721 Rice Street, Wayzata MN 55391, Wayzata (43 of 50) - Mike Wilen | Minnesota Team Real Estate
View of Residential at 721 Rice Street, Wayzata MN 55391, Wayzata (44 of 50) - Mike Wilen | Minnesota Team Real Estate
View of Residential at 721 Rice Street, Wayzata MN 55391, Wayzata (45 of 50) - Mike Wilen | Minnesota Team Real Estate
View of Residential at 721 Rice Street, Wayzata MN 55391, Wayzata (46 of 50) - Mike Wilen | Minnesota Team Real Estate
View of Residential at 721 Rice Street, Wayzata MN 55391, Wayzata (47 of 50) - Mike Wilen | Minnesota Team Real Estate
View of Residential at 721 Rice Street, Wayzata MN 55391, Wayzata (48 of 50) - Mike Wilen | Minnesota Team Real Estate
View of Residential at 721 Rice Street, Wayzata MN 55391, Wayzata (49 of 50) - Mike Wilen | Minnesota Team Real Estate
View of Residential at 721 Rice Street, Wayzata MN 55391, Wayzata (50 of 50) - Mike Wilen | Minnesota Team Real Estate

Listed by: Lakes Sotheby's International Realty