Sold / Closed
$2,300,000

Sold price · Closed Sep 1, 2026

$736/sqft

Rice Street Brownstones Add

540 Rice Street E, Wayzata, MN, 55391
3  Bedrooms4  Bathrooms3,601  Square Feet0.05  Acres
Days on market220
Year built2006
Garage spaces2
HOA / month$800
TypeResidential
Est. $76,500buyer credit when you buy with SODL

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.

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Home facts

Property typeResidential
Property subtype(TH) Side x Side
Year built2006
LevelsTwo
Living area3,601 sqft
Above-grade finished2,933 sqft
Below-grade finished668 sqft
Lot size0.05 acres (58x35)
Days on market220
ListedOct 3, 2025
MLS #NST6697633
CountyHennepin
SubdivisionRice Street Brownstones Add
Parcel #0611722240097

Facts & features

Interior

Bedrooms
3
Bathrooms
4
Bath breakdown
1 full / 2 3/4 / 1 half
Heating
Forced Air, Fireplace(s), In-Floor Heating
Cooling
Central Air
Appliances
Cooktop, Dishwasher, Dryer, Exhaust Fan, Microwave, Refrigerator, Wall Oven, Washer

Property

Levels / stories
Two
Garage
2 spaces · 740 sqft
Parking features
Attached Garage, Heated Garage, Insulated Garage, Tuckunder Garage
Patio & porch
Deck
Exterior features
Stone
Fencing
Partial

Construction

Property type
Residential
Property subtype
(TH) Side x Side
Foundation
Other · 1,408 sqft
Year built
2006

Utilities

Water
City Water/Connected
Sewer
City Sewer/Connected
Fuel
Natural Gas

Community & HOA

Subdivision
Rice Street Brownstones Add
HOA
$800/month
HOA name
Ellian Management
HOA phone
9522103383
HOA includes
Building Exterior, Hazard Insurance, Lawn Care, Other, Maintenance Grounds, Parking, Snow Removal
School district
284 - Wayzata

Financial & listing details

Annual tax
$23,107 (2025)
Listed
Oct 3, 2025
Days on market
220
Manufactured home
Yes

Interior details

Total bathrooms4
Full baths1
3/4 baths2
Half baths1
1/4 baths0
BasementDaylight/Lookout Windows, Partial, Partially Finished, Walkout
HeatingForced Air, Fireplace(s), In-Floor Heating
CoolingCentral Air
Fireplaces2
LaundryLaundry Room, Sink, Upper Level
AppliancesCooktop, Dishwasher, Dryer, Exhaust Fan, Microwave, Refrigerator, Wall Oven, Washer
DiningEat In Kitchen, Informal Dining Room, Kitchen/Dining Room, Living/Dining Room
AmenitiesBalcony, Deck, French Doors, Hardwood Floors, Kitchen Center Island, Kitchen Window, Primary Bedroom Walk-In Closet, Natural Woodwork, Paneled Doors, Security System, Washer/Dryer Hookup, Wet Bar, Walk-In Closet
AccessibilityAccessible Elevator Installed
Special features2nd Floor Laundry, Primary Bdr Suite

Exterior & lot

ExteriorStone
FoundationOther
Foundation area1,408 sqft
Patio/porchDeck
Lot featuresPublic Transit (w/in 6 blks), Tree Coverage - Medium, Zero Lot Line
Road frontageCity Street, Curbs, Paved Streets, Sidewalks
Road responsibilityPublic Maintained Road
ZoningResidential-Multi-Family

Utilities

Water sourceCity Water/Connected
SewerCity Sewer/Connected
FuelNatural Gas

Parking & garage

ParkingAttached Garage, Heated Garage, Insulated Garage, Tuckunder Garage
Garage spaces2
Garage size740 sqft

Financial details

Annual taxes$23,107
Tax year2025
Taxes w/ assessments23107
Assessment pendingNo
HOA fee$800
Lender ownedNo
Short saleNo
ForeclosureNo

Schools

District284 - Wayzata
District number284
District phone7637455000
High schoolWayzata
SODL flat fee brokerage
$76,500Estimated buyer credit
SODL platform fee $3,000Your buyer credit $76,500

How SODL buyer credits work

When you buy with SODL, the brokerage charges a flat $3,000 platform fee at closing. The remaining buyer-side commission (typically 3% of the purchase price) is credited directly back to you at closing, reducing the cash you bring to the table.

  • Tour homes with SODL’s flexible showing network
  • Submit offers and manage your transaction through the platform
  • Keep more money at closing through transparent flat-fee pricing

A clear, modern way to buy with expert guidance and meaningful savings.

Estimated monthly payment

$17,536/mo
Principal & interest$13,927
Property taxes$1,926
Home insurance (est.)$883
HOA fees$800
%
$530,000
0%50%
Credit score
Loan term

These payment estimates are for illustration purposes only and may vary based on your lender, interest rate, credit profile, down payment, taxes, insurance, and loan terms. For a more accurate monthly payment estimate, speak with your lender or connect with SODL’s preferred lending partner.

Location

540 Rice Street E, Wayzata, MN, 55391

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Listing information

MLS #NST6697633
StatusClosed
Last updatedSep 1, 2026, 6:15 PM
Originally listedOct 3, 2025, 9:24 AM
Listing officeColdwell Banker Realty
Co-listing officeColdwell Banker Realty

Listing information provided courtesy of the MLS. This information is deemed reliable but is not guaranteed.

Based on information submitted to the MLS GRID. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.