Listed at
$3,695,000
$695/sqft

Wayzata

715 Rice Street, Wayzata, MN, 55391
3  Bedrooms5  Bathrooms5,314  Square Feet0.25  Acres
Days on market210
Year built2001
Garage spaces2
TypeResidential
Est. $107,850buyer credit when you buy with SODL
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About this home

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 detail and system has been meticulously addressed—offering an unparalleled, move in ready residence at a fraction of new construction cost.

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Home facts

Property typeResidential
Property subtypeSingle Family
Year built2001
LevelsTwo
Living area5,314 sqft
Above-grade finished4,204 sqft
Below-grade finished1,110 sqft
Lot size0.25 acres (66x165x66x166)
Days on market210
ListedMar 2, 2026
MLS #NST7022564
CountyHennepin
SubdivisionWayzata
Parcel #0611722130001

Facts & features

Interior

Bedrooms
3
Bathrooms
5
Bath breakdown
1 full / 2 3/4 / 2 half
Heating
Forced Air, In-Floor Heating
Cooling
Central Air
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

Property

Levels / stories
Two
Garage
2 spaces · 25x25 · 679 sqft
Parking features
Attached Garage, Driveway - Other Surface, Floor Drain, Garage Door Opener, Heated Garage, Insulated Garage
Patio & porch
Patio
Exterior features
Stone
Pool
None

Construction

Property type
Residential
Property subtype
Single Family
Foundation
8 ft+ Pour · 1,823 sqft
Roof
Age 8 Years or Less, Asphalt
Year built
2001

Utilities

Water
City Water/Connected
Sewer
City Sewer/Connected
Fuel
Natural Gas
Electric
Circuit Breakers

Community & HOA

Subdivision
Wayzata
HOA
No HOA
School district
284 - Wayzata
High school district
Wayzata

Financial & listing details

Annual tax
$34,586 (2026)
Listed
Mar 2, 2026
Days on market
210 · 130 cumulative
Manufactured home
Yes

Interior details

Total bathrooms5
Full baths1
3/4 baths2
Half baths2
1/4 baths0
BasementDrain Tiled, Egress Window(s), Finished, Full, Concrete, Storage Space, Sump Pump
HeatingForced Air, In-Floor Heating
CoolingCentral Air
Fireplaces3
LaundryLaundry Room, Upper Level
AppliancesAir-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
DiningBreakfast Area, Living/Dining Room, Separate/Formal Dining Room
AmenitiesCeiling 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
AccessibilityAccessible Elevator Installed
Special features2nd Floor Laundry, 3 BR on One Level, Primary Bdr Suite, Renovated

Exterior & lot

ExteriorStone
RoofAge 8 Years or Less, Asphalt
Foundation8 ft+ Pour
Foundation area1,823 sqft
Patio/porchPatio
Lot featuresTree Coverage - Light
Road frontageCity Street, Paved Streets
Road responsibilityPublic Maintained Road
ZoningResidential-Single Family

Utilities

Water sourceCity Water/Connected
SewerCity Sewer/Connected
FuelNatural Gas

Parking & garage

ParkingAttached Garage, Driveway - Other Surface, Floor Drain, Garage Door Opener, Heated Garage, Insulated Garage
Garage spaces2
Garage size679 sqft

Financial details

Annual taxes$34,586
Tax year2026
Taxes w/ assessments34586
Assessment pendingNo
Lender ownedNo
Short saleNo
ForeclosureNo

Schools

District284 - Wayzata
District number284
District phone7637455000
High schoolWayzata
SODL flat fee brokerage
$107,850Estimated buyer credit
SODL platform fee $3,000Your buyer credit $107,850

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

$23,533/mo
Principal & interest$19,419
Property taxes$2,882
Home insurance (est.)$1,232
%
$739,000
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

715 Rice Street, Wayzata, MN, 55391

Listing information

MLS #NST7022564
StatusActive
Last updatedSep 24, 2026, 3:51 PM
Originally listedMar 2, 2026, 3:26 PM
Listing officeColdwell Banker Realty - Lakes
Co-listing officeColdwell Banker Realty - Lakes

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.