$3,998,000

715 Rice St E Wayzata, MN 55391

Estimated payment $23,428/month

Total Views 54
3 Beds
5 Baths
5,314 Sq Ft
$752 Price per Sq Ft

Highlights

  • Popular Property
  • Heated Floors
  • No HOA
  • Gleason Lake Elementary School Rated A+
  • Family Room with Fireplace
  • Breakfast Area or Nook

About This Home

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 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 Agent

Chad Larsen

Coldwell Banker Realty - Lakes Brokerage Phone: 6129686030 Listed on: 03/02/2026

Coldwell Banker Realty - Lakes

Co-Listing Agent

Barry Berg

Coldwell Banker Realty - Lakes Brokerage Phone: 6129686030

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $34,724

Year Built

  • Built in 2001

Lot Details

  • Lot Dimensions are 66x165x66x166
  • Property is Fully Fenced
  • Few Trees

Parking

  • 2 Car Attached Garage
  • Heated Garage
  • Insulated Garage
  • Garage Door Opener
  • Driveway

Interior Spaces

  • 2-Story Property
  • Stone Fireplace
  • Gas Fireplace
  • Family Room with Fireplace
  • 3 Fireplaces
  • Living Room with Fireplace
  • Combination Dining and Living Room
  • Utility Room Floor Drain
  • Heated Floors

Kitchen

  • Breakfast Area or Nook
  • Built-In Double Oven
  • Cooktop
  • Microwave
  • Dishwasher
  • Wine Cooler
  • Stainless Steel Appliances
  • Disposal
  • The kitchen features windows

Bedrooms and Bathrooms

  • 3 Bedrooms

Laundry

  • Laundry Room
  • Laundry on upper level
  • Dryer
  • Washer

Finished Basement

  • Basement Fills Entire Space Under The House
  • Sump Pump
  • Drain
  • Basement Storage
  • Basement Window Egress

Utilities

  • Forced Air Heating and Cooling System
  • Humidifier
  • Vented Exhaust Fan
  • Water Filtration System
  • Gas Water Heater
  • Water Softener is Owned

Additional Features

  • Accessible Elevator Installed
  • Air Exchanger
  • Patio

Community Details

  • No Home Owners Association
  • Wayzata Subdivision

Listing and Financial Details

  • Assessor Parcel Number 0611722130001

Home Details

Home Type

Single Family

Est. Annual Taxes

$34,724

Year Built

Built in 2001

Lot Details

0.25 Acres

Parking

2

Listing Details

  • Type: Residential
  • Property Subtype 1: Single Family Residence
  • Cooling System: Central Air
  • Garage Spaces: 2
  • Accessibility Features: Accessible Elevator Installed
  • Fireplaces: 3
  • Water Source: City Water/Connected
  • Year Built: 2001
  • Above Grade Finished Sq Ft: 4204
  • Unit Levels: Two
  • New Construction: No
  • FractionalOwnershipYN: No
  • Attribution Contact: 6129686030
  • Special Features: VirtualTour
  • Property Sub Type: Detached

Interior Features

  • Basement: Drain Tiled, Egress Window(s), Finished, Full, Concrete, Storage Space, Sump Pump
  • Appliances: Air-To-Air Exchanger, Cooktop, Dishwasher, Disposal, Double Oven, Dryer, Exhaust Fan, Humidifier, Gas Water Heater, Water Filtration System, Microwave, Refrigerator, Stainless Steel Appliances, Wall Oven, Washer, Water Softener Owned, Wine Cooler
  • Fireplace Features: Family Room, Gas, Living Room, Other, Stone
  • Living Area: 5314
  • Fireplace: Yes
  • Below Grade Finished Sq Ft: 1110
  • Basement YN: Yes

Beds/Baths

  • Full Bathrooms: 1
  • Half Bathrooms: 2
  • Total Bedrooms: 3
  • Three Quarter Bathrooms: 2

Exterior Features

  • Roof: Age 8 Years or Less, Asphalt
  • PoolFeatures: None
  • Fencing: Full
  • PatioPorchType: Patio

Garage/Parking

  • Parking Features: Attached Garage, Driveway - Other Surface, Floor Drain, Garage Door Opener, Heated Garage, Insulated Garage

Utilities

  • Heating: Forced Air, In-Floor Heating
  • Sewer: City Sewer/Connected
  • LaundryFeatures: Laundry Room, Upper Level
  • Electric: Circuit Breakers
  • Fuel: Natural Gas

Condo/Co-op/Association

  • Association: No
  • Amenities Unit: Ceiling Fan(s), French Doors, Hardwood Floors, Hot Tub, Kitchen Center Island, Kitchen Window, Primary Bedroom Walk-In Closet, Patio, Sauna, Security System, In-Ground Sprinkler, Tile Floors, Washer/Dryer Hookup, Wet Bar, Walk-In Closet

Schools

  • Junior High Dist: Wayzata
  • SchoolDistrictPhone: 7637455000

Lot Info

  • PropertyAttachedYN: No
  • Lot Size: 66x165x66x166
  • Land Lease: No
  • Lot Features: Tree Coverage - Light
  • Additional Parcels: No
  • Zoning Description: Residential-Single Family
  • AssessmentPending: No
  • Yearly/Seasonal: Yearly

Tax Info

  • Tax Year: 2026
  • Assessor Parcel Number: 0611722130001
  • Tax Annual Amount: 34724
  • TaxWithAssessments: 34724

Map

Range of Values:

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Value Increase
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Percent Increase
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Adjusted for Inflation
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Tax History

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
2024 $31,432 $2,542,800 $923,000 $1,619,800
2023 $26,539 $2,248,500 $910,000 $1,338,500
2022 $26,359 $2,230,000 $637,000 $1,593,000
2021 $25,598 $1,943,000 $642,000 $1,301,000
2020 $26,050 $1,929,000 $612,000 $1,317,000
2019 $24,993 $1,894,000 $576,000 $1,318,000
2018 $23,709 $1,774,000 $524,000 $1,250,000
2017 $18,871 $1,329,000 $439,000 $890,000
2016 $18,373 $1,257,000 $400,000 $857,000
2015 $17,917 $1,196,000 $380,000 $816,000
2014 -- $1,142,000 $354,000 $788,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
03/02/2026 03/02/26 For Sale $3,998,000 +23.0% $752 / Sq Ft
11/01/2023 11/01/23 Sold $3,250,000 -7.0% $687 / Sq Ft View Prior Sale
08/24/2023 08/24/23 Pending -- -- --
06/23/2023 06/23/23 For Sale $3,495,000 -- $738 / Sq Ft
Source: NorthstarMLS

Purchase History

Date Type Sale Price Title Company
Warranty Deed $3,251,470 None Listed On Document
Warranty Deed $2,125,000 --
Warranty Deed $1,725,000 Watermark Title Agency Inc
Deed $1,712,500 Esquire Title
Warranty Deed $1,283,514 Edina Realty Title Inc
Interfamily Deed Transfer -- None Available
Warranty Deed $279,900 --
Warranty Deed $193,750 --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Previous Owner $1,593,750 New Conventional
Previous Owner $1,000,000 Adjustable Rate Mortgage/ARM
Source: Public Records

Source: NorthstarMLS

MLS Number: 7022564

NorthstarMLS

APN: 06-117-22-13-0001

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