540 Rice St E Wayzata, MN 55391
Wayzata AreaEstimated payment $16,790/month
Highlights
- Heated Floors
- Fireplace in Primary Bedroom
- End Unit
- Gleason Lake Elementary School Rated A+
- Deck
- The kitchen features windows
About This Home
Luxury Brownstone in the heart of Wayzata. Inside, the incredible finishes and materials set a tone of luxury that carries throughout every room. Custom woodwork, designer carpeting, and rich, full-slab onyx marble finishes define the interiors. The kitchen is a showpiece, featuring a dramatic backlit onyx worktop, while the powder room stuns with illuminated onyx walls. Every bathroom is fully clad in stone, with the upstairs bath offering underfloor heating for added comfort. A solid brass staircase railing with tailored runners and stair rods serves as a striking focal point on the open-concept main level. Backlit tray ceilings above the piano in the main lounge add architectural drama, complementing the multiple fireplaces and elegant design. Offering uninterrupted, year-round views of Lake Minnetonka from the rooftop, this home is a rare offering in both design and location. The expansive primary suite includes a gas fireplace, spa-style walk-through bath with soaking tub, and dual walk-in closets. A flexible lower level functions perfectly as a media room or guest suite, and a rooftop deck delivers sweeping lake views—ideal for entertaining or private relaxation. Additional features include a three-story elevator, radiant in-floor heating, and easy walkability to Wayzata’s acclaimed lakefront, dining, and shopping destinations.
Listing Agent
Coldwell Banker Realty Brokerage Phone: 6129404566 Listed on: 10/03/2025
Townhouse Details
Home Type
- Townhome
Est. Annual Taxes
- $23,107
Year Built
- Built in 2006
Lot Details
- Lot Dimensions are 58x35
- End Unit
- Partially Fenced Property
- Few Trees
- Zero Lot Line
HOA Fees
- $800 Monthly HOA Fees
Parking
- 2 Car Attached Garage
- Heated Garage
- Tuck Under Garage
- Insulated Garage
Interior Spaces
- 2-Story Property
- Gas Fireplace
- Living Room with Fireplace
- 2 Fireplaces
- Dining Room
- Open Floorplan
- Heated Floors
Kitchen
- Eat-In Kitchen
- Built-In Oven
- Cooktop
- Microwave
- Dishwasher
- The kitchen features windows
Bedrooms and Bathrooms
- 3 Bedrooms
- Fireplace in Primary Bedroom
- Soaking Tub
Laundry
- Laundry Room
- Laundry on upper level
- Dryer
- Washer
- Sink Near Laundry
Partially Finished Basement
- Walk-Out Basement
- Partial Basement
- Natural lighting in basement
Utilities
- Forced Air Heating and Cooling System
- Vented Exhaust Fan
Additional Features
- Accessible Elevator Installed
- Deck
Community Details
- Association fees include building exterior, hazard insurance, lawn care, ground maintenance, parking, snow removal
- Ellian Management Association, Phone Number (952) 210-3383
- Rice Street Brownstones Add Subdivision
Listing and Financial Details
- Assessor Parcel Number 0611722240097
Map
Home Values in the Area
Average Home Value in this Area
Tax History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Year | Tax Paid | Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. | Land | Improvement |
|---|---|---|---|---|
| 2025 | $30,098 | $2,370,400 | $1,563,000 | $807,400 |
| 2024 | $23,107 | $1,891,700 | $1,104,000 | $787,700 |
| 2023 | $24,921 | $2,116,500 | $1,168,000 | $948,500 |
| 2022 | $16,070 | $1,374,000 | $490,000 | $884,000 |
| 2021 | $15,235 | $1,211,000 | $490,000 | $721,000 |
| 2020 | $21,353 | $1,157,000 | $467,000 | $690,000 |
| 2019 | $20,026 | $1,533,000 | $440,000 | $1,093,000 |
| 2018 | $20,774 | $1,438,000 | $400,000 | $1,038,000 |
| 2017 | $19,767 | $1,388,000 | $335,000 | $1,053,000 |
| 2016 | $16,742 | $1,153,000 | $305,000 | $848,000 |
| 2015 | $15,579 | $1,051,000 | $290,000 | $761,000 |
| 2014 | -- | $1,032,000 | $270,000 | $762,000 |
Property History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 07/25/2026 07/25/26 | Pending | -- | -- | -- |
| 07/17/2026 07/17/26 | For Sale | $2,650,000 | 0.0% | $736 / Sq Ft |
| 07/17/2026 07/17/26 | Pending | -- | -- | -- |
| 07/14/2026 07/14/26 | Off Market | $2,650,000 | -- | -- |
| 01/30/2026 01/30/26 | Price Changed | $2,650,000 | 0.0% | $736 / Sq Ft |
| 01/30/2026 01/30/26 | For Sale | $2,650,000 | -14.5% | $736 / Sq Ft |
| 11/19/2025 11/19/25 | Off Market | $3,100,000 | -- | -- |
| 10/03/2025 10/03/25 | For Sale | $3,100,000 | -- | $861 / Sq Ft |
Purchase History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Warranty Deed | $1,867,400 | Burnet Title | |
| Warranty Deed | $1,400,000 | Burnet Title | |
| Sheriffs Deed | $960,636 | Carver County Abstract & Tit | |
| Deed | $1,197,500 | None Available | |
| Warranty Deed | $1,842,627 | -- |
Mortgage History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Open | $1,493,920 | New Conventional | |
| Previous Owner | $840,000 | New Conventional | |
| Previous Owner | $1,077,750 | Adjustable Rate Mortgage/ARM | |
| Previous Owner | $112,139 | Unknown | |
| Previous Owner | $1,000,000 | Adjustable Rate Mortgage/ARM | |
| Previous Owner | $1,289,839 | Adjustable Rate Mortgage/ARM |
Source: NorthstarMLS
MLS Number: 6697633
APN: 06-117-22-24-0097
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Ask me questions while you tour the home.