715 Rice Street E, Wayzata, MN 55391

$3,998,000
Property Type: Residential Bedrooms: 3 Baths: 5 Square Footage: 6,027 Lot Size (sq. ft.): 10,890 Status: Active
Current Price: $3,998,000 List Date: 3/02/2026 Last Modified: 3/27/2026

Overview

Description

Experience true Wayzata Village living with this impeccably reimagined Keith Waters brownstone, originally built in 2001 and transformed for today’s modern luxury. 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. 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. Every detail and system has been meticulously addressed—offering an unparalleled, move in ready residence at a fraction of new construction cost.

Listing Details MLS# 7022564

General Property Information

Common Wall
No
Lot Measurement
Acres
Manufactured Home?
No
Multiple PIDs?
No
New Development
No
Number of Fireplaces
3
Waterfront Present
No
Year Built
2001
Yearly/Seasonal
Yearly
Zoning
Residential-Single Family
Bath Full
Yes
Bath Three Quarters
2
Bath Half
2
Main Floor Total SqFt
1823
Above Grd Total SqFt
4204
Below Grd Total SqFt
1823
Total SqFt
6027
Total Finished Sqft
5314.00
FireplaceYN
Yes
Style
(SF) Single Family
Foundation Size
1823
Garage Stalls
2
Lot Dimensions
66x165x66x166
Acres
0.25
Bath Quarter
0
Association Fee
0

Property Features

Accessible: Accessible Elevator Installed Air Conditioning: Central Air Amenities Unit: Ceiling Fan(s); French Doors; Hardwood Floors; Hot Tub; In-Ground Sprinkler; Kitchen Center Island; Kitchen Window; Patio; Primary Bedroom Walk-In Closet; Sauna; Security System; Tile Floors; Walk-In Closet; Washer/Dryer Hookup; Wet Bar Appliances: Air-To-Air Exchanger; Cooktop; Dishwasher; Disposal; Double Oven; Dryer; Microwave; Refrigerator; Washer; Water Filtration System; Wine Cooler Basement: Drain Tiled; Egress Windows; Full; Poured Concrete; Storage Space; Sump Pump Bath Description: Double Sink; His and Her Closets; Sauna; Main Floor 1/2 Bath; Upper Level 3/4 Bath; Upper Level Full Bath; Full Primary; Private Primary; 1/2 Basement; Bathroom Ensuite; Separate Tub & Shower Construction Status: Previously Owned Dining Room Description: Breakfast Area; Living/Dining Room; Separate/Formal Dining Room Electric: Circuit Breakers Exterior: Brick/Stone Family Room Characteristics: 2 or More; Lower Level; Main Level Fencing: Full Fireplace Characteristics: Family Room; Gas Burning; Living Room; Stone; Other Foundation: 8 ft+ Pour Fuel: Natural Gas Heating: Forced Air; In-Floor Heating Laundry: Laundry Room; Upper Level Lot Description: Tree Coverage - Light Parking Characteristics: Floor Drain; Garage Door Opener; Heated Garage; Insulated Garage Pool Description: None Road Frontage: City Street; Paved Streets Road Responsibility: Public Maintained Road Roof: Age 8 Years or Less; Asphalt Shingles Sellers Terms: Cash; Conventional Sewer: City Sewer/Connected Special Search: 2nd Floor Laundry; 3 BR on One Level; Primary Bdr Suite; Renovated Stories: Two Water: City Water/Connected

Contract Information

Contingency
None
Original List Price
3998000
ListPrice
3998000
Owner is an Agent?
No
Auction?
No

Location Tax and Other Information

House Number
715
Street Name
Rice
Street Suffix
Street
Street Direction Suffix
E
Postal City
Wayzata
County
Hennepin
State
MN
Zip Code
55391
Complex/Dev/Subdivision
Wayzata

Assessments

Tax With Assessments
34586
Assessment Balance
0
Assessment Installment
0

Building Information

Finished SqFt Above Ground
4204
Finished SqFt Below Ground
1110

More Information

Lease Details

Land Leased
Not Applicable

Miscellaneous Information

Homestead
No

Ownership

Fractional Ownership
No

Parking Characteristics

Garage Dimensions
25x25
Garage Door Height
8
Garage Door Width
16
Garage Square Feet
679
Floor Drain
Yes
Garage Door Opener
Yes
Heated Garage
Yes
Insulated Garage
Yes

Public Survey Info

Range#
22
Section#
06
Township#
117

Office/Member Info

Association
MAAR

Location, Tax and Other Information

AssocFeeYN
No
Legal Description
LOT 007 BLOCK 011 WAYZATA
Listing City
Wayzata
Map Page
104
Municipality
Wayzata
School District
Wayzata
School District Phone
763-745-5000
Zip Plus 4
1722
Property ID Number
0611722130001
Tax Year
2026
Tax Amount
34586
In Foreclosure?
No
Potential Short Sale?
No
Lender Owned?
No

Directions & Remarks

Public Remarks
Experience true Wayzata Village living with this impeccably reimagined Keith Waters brownstone, originally built in 2001 and transformed for today’s modern luxury. 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. 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. Every detail and system has been meticulously addressed—offering an unparalleled, move in ready residence at a fraction of new construction cost.
Directions
Lake Street E to north on Broadway. East on Rice Street to home.

Accessible

Accessible Elevator Installed
Yes

Air Conditioning

Central Air
Yes

Amenities Unit

Ceiling Fan(s)
Yes
French Doors
Yes
Hardwood Floors
Yes
Hot Tub
Yes
In-Ground Sprinkler
Yes
Kitchen Center Island
Yes
Kitchen Window
Yes
Patio
Yes
Primary Bedroom Walk-In Closet
Yes
Sauna
Yes
Security System
Yes
Tile Floors
Yes
Walk-In Closet
Yes
Washer/Dryer Hookup
Yes
Wet Bar
Yes

Appliances

Air-To-Air Exchanger
Yes
Cooktop
Yes
Dishwasher
Yes
Disposal
Yes
Double Oven
Yes
Dryer
Yes
Microwave
Yes
Refrigerator
Yes
Washer
Yes
Water Filtration System
Yes
Wine Cooler
Yes

Basement

Drain Tiled
Yes
Egress Windows
Yes
Full
Yes
Poured Concrete
Yes
Storage Space
Yes
Sump Pump
Yes

Bath Description

Double Sink
Yes
His and Her Closets
Yes
Sauna
Yes
Main Floor 1/2 Bath
Yes
Upper Level 3/4 Bath
Yes
Upper Level Full Bath
Yes
Full Primary
Yes
Private Primary
Yes
1/2 Basement
Yes
Bathroom Ensuite
Yes
Separate Tub & Shower
Yes

Construction Status

Previously Owned
Yes

Dining Room Description

Breakfast Area
Yes
Living/Dining Room
Yes
Separate/Formal Dining Room
Yes

Electric

Circuit Breakers
Yes

Exterior

Brick/Stone
Yes

Family Room Characteristics

2 or More
Yes
Lower Level
Yes
Main Level
Yes

Fencing

Full
Yes

Fireplace Characteristics

Family Room
Yes
Gas Burning
Yes
Living Room
Yes
Stone
Yes
Other
Yes

Foundation

8 ft+ Pour
Yes

Fuel

Natural Gas
Yes

Heating

Forced Air
Yes
In-Floor Heating
Yes

Insurance Fee

Insurance Fee
0

Laundry

Laundry Room
Yes
Upper Level
Yes

Lot Description

Tree Coverage - Light
Yes

Patio, Porch and Deck Features

Patio
Yes

Pool Description

None
Yes

Road Frontage

City Street
Yes
Paved Streets
Yes

Road Responsibility

Public Maintained Road
Yes

Roof

Age 8 Years or Less
Yes
Asphalt Shingles
Yes

Sellers Terms

Cash
Yes
Conventional
Yes

Sewer

City Sewer/Connected
Yes

Special Search

2nd Floor Laundry
Yes
3 BR on One Level
Yes
Primary Bdr Suite
Yes
Renovated
Yes

Stories

Two
Yes

Water

City Water/Connected
Yes

Room Information

Amusement Room Dimensions: 33x14 Level: Lower Bar/Wet Bar Room Dimensions: 12x8 Level: Lower Dining Room Dimensions: 17x15 Level: Main Family Room Dimensions: 21x13 Level: Main First (1st) Bedroom Dimensions: 18x14 Level: Upper Kitchen Dimensions: 21x12 Level: Main Laundry Dimensions: 11x5 Level: Upper Living Room Dimensions: 17x15 Level: Main Office Dimensions: 14x11 Level: Upper Office Dimensions: 10x7 Level: Upper Second (2nd) Bedroom Dimensions: 25x14 Level: Upper Third (3rd) Bedroom Dimensions: 13x11 Level: Upper
Listing Office: Coldwell Banker Realty - Lakes
IDX
Last Updated: March - 27 - 2026
The data relating to real estate for sale on this web site comes in part from the Broker Reciprocity SM Program of the Regional Multiple Listing Service of Minnesota, Inc. The information provided is deemed reliable but not guaranteed. Properties subject to prior sale, change or withdrawal. ©2024 Regional Multiple Listing Service of Minnesota, Inc All rights reserved.