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Lisa Nguyen
Salesperson
REALTOR®
(612) 644-5313

50 Total Photos [Click to View All]

Listed By

Agency Name: Lakes Sotheby's International Realty
Agency Phone: 952-230-3101

Shown By

Agent Name: Lisa Nguyen
Agent Phone: (612) 644-5313
Agency Title: Counselor Realty

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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.

721 Rice Street E | MLS# 7068170

This single family home located at 721 Rice Street E, Wayzata, MN 55391 is currently listed for sale with an asking price of $3,100,000. This property was built in 2002 and has 4 bedrooms and 3 full and 1 partial baths with 6946 sq. ft. Rice Street E is located in the Wayzata Rev subdivision within the Wayzata school district. Search Wayzata Rev real estate on lnguyen.counselorrealty.com today.

Upcoming Open Houses

Open House Tuesday August 18th, 11:00am - 1:00pm

Property Features

Property Type: Residential - Single Family
Basement: Yes
Basement: Daylight/Lookout Windows, Drain Tiled, Egress Window(s), Finished, Storage Space, Sump Basket, Sump Pump
Cooling: Central Air, Zoned
Fireplaces: 2
Fuel Type: Natural Gas
Garage: 3 car attached
Heating: Forced Air, In-Floor Heating
Lot Size: 0.25 Acres
Roof Type: Age 8 Years or Less, Asphalt
Stories: 2.0
Taxes: $28,479
Year Built: 2002

Feature Descriptions

Accessibility: Accessible Elevator Installed
Additional Living Info.: 2nd Floor Laundry,3 BR on One Level
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
Bath: Double Sink, Bathroom Ensuite, Full Primary, Full Basement, Full Jack & Jill, Private Primary, Main Floor 1/2 Bath, Separate Tub & Shower, Upper Level Full Bath, Walk-In Shower Stall
Bathrooms Full: 3
Bathrooms Half: 1
Days on Site: 9
Dining: Breakfast Bar, Eat In Kitchen, Separate/Formal Dining Room
Fireplace: Gas, Living Room, Primary Bedroom, Wood Burning
Foundation Size: 2786
Lot: Tree Coverage - Medium, Underground Utilities
Lot Dimensions: 66 x 166 x 66 x 165
Parcel#: 0611722130041
Parking: Attached Garage, Shared Driveway, Floor Drain, Garage Door Opener, Insulated Garage
Sewer: City Sewer/Connected
SQ FT Total: 6946
Water: City Water/Connected

Room Sizes

Bar/Wet Bar Room: 10x08
Dining Room: 15x14
Family Room: 27x19
Family Room: 34x31
Bedroom: 21x21
Bedroom 4: 15x14
Informal Dining Room: 15x10
Kitchen: 19x16
Laundry: 14x10
Office: 15x15
Bedroom 2: 23x17
Sauna: 06x05
Storage: 37x22
Sun Room: 14x11
Bedroom 3: 20x18

Local Schools

School District: Wayzata

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Estimated Payment

$ 19,776.92 per month $16,499.50 Principal & Interest $2,373.25 Property Tax $904.17 Homeowner's Insurance

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Agency License Information: Counselor Realty, Inc. is licensed in Minnesota and Wisconsin; Counselor Realty, Inc. of Alexandria is licensed in Minnesota; Counselor Realty Detroit Lakes, LLC is licensed in Minnesota; Counselor Realty of Rochester is licensed in Minnesota; Counselor Realty of Victoria, LLC is licensed in Minnesota; Counselor Realty of Brainerd is licensed in Minnesota.

Disclaimer: All information deemed reliable but not guaranteed. All properties are subject to prior sale, change or withdrawal. Neither listing broker(s) or information provider(s) shall be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless. Listing(s) information is provided for consumers personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information on this site was last updated 08/15/2026. The listing information on this page last changed on 08/15/2026. The data relating to real estate for sale on this website comes in part from the Internet Data Exchange program of Delta Media Group MLS (last updated Sat 08/15/2026 12:00:52 AM EST) or RMLS-MN MLS (last updated Fri 08/14/2026 11:53:25 PM EST). Real estate listings held by brokerage firms other than Counselor Realty may be marked with the Internet Data Exchange logo and detailed information about those properties will include the name of the listing broker(s) when required by the MLS. All rights reserved.

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