715 Rice Street E, Wayzata, MN 55391 (MLS# 7022564)

715 Rice Street E, Wayzata, MN 55391

$3,695,000
Property Type: Residential Bedrooms: 3 Baths: 5 Square Footage: 6,027 Lot Size (sq. ft.): 10,890 Status: Active
Current Price: $3,695,000 List Date: 7/27/2026 Last Modified: 8/28/2026

Overview

Description

Fresh, modern, updated luxury, all at the heart of downtown Wayzata. 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, including all new kitchen appliances. 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. Fresh, whole-house exterior professional painting just completed. Every ...

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 YN
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
Assessment Pending
No

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; Full; 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 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
3695000
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

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

Public Survey Info

Range#
22
Section#
06
Township#
117

Room Information

Room NameDimensionsLevel
Amusement Room33x14Lower
Bar/Wet Bar Room12x8Lower
Dining Room17x15Main
Family Room21x13Main
First (1st) Bedroom18x14Upper
Kitchen21x12Main
Laundry11x5Upper
Living Room17x15Main
Office14x11Upper
Office10x7Upper
Second (2nd) Bedroom25x14Upper
Third (3rd) Bedroom13x11Upper
IDX
Listing Office: Coldwell Banker Realty - Lakes
Last Updated: August - 28 - 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. ©2026 Regional Multiple Listing Service of Minnesota, Inc All rights reserved.
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