540 Rice St E, Wayzata, MN 55391
OFF MARKET

540 Rice St E
Wayzata, MN 55391

  • 3 Beds
  • 4 Baths
  • 3,601 sqft
3 Beds
4 Baths
3,601 sqft

Local Information

  • Map ViewExplore the area around 540 Rice St E.
  • Schools1 Elementary School1 Middle School1 High School
  • Shop & Eat
-- mins to
Commute Destination

Description

This single-family home is located at 540 Rice St E, Wayzata, MN. 540 Rice St E is in Wayzata, MN and in ZIP code 55391. This property has 3 bedrooms, 4 bathrooms and approximately 3,601 sqft of floor space. This property has a lot size of 2178 sqft and was built in 2006.
540 Rice St E, Wayzata, MN 55391 is a 3 bedroom, 4 bathroom, 3,601 sqft single-family home built in 2006. It last sold for $1,867,400 on Mar 29, 2023. More recently, it was listed as a rental in December 2022 with an asking price of $9,500 per month. That rental listing was removed on March 7, 2023. It is currently off market. The Trulia Estimate rent is $4,954/month.

Home Highlights

Parking
Garage
Outdoor
Deck
A/C
Heating & Cooling
HOA
None
Price/Sqft
No Info
Listed
Less than a day ago

Home Details for 540 Rice St E

Interior Features

Interior Details
BasementNumber of Rooms: 5Types of Rooms: Walk In Closet, Dining Room
Heating & Cooling
Heating: Forced AirAir ConditioningHeating Fuel: Forced Air
Levels, Entrance, & Accessibility
Stories: 2Floors: Hardwood
Fireplace & Spa
Fireplace

Exterior Features

Exterior Home Features
Roof: Built UpDeckExterior: Stone, Brick
Parking & Garage
GarageParking: None, Garage

Property Information

Year Built
Year Built: 2006Year Updated: 2006
Property Type / Style
Property Type: Single Family HomeArchitecture: Other

Community

Units in Building: 1

Lot Information

Lot Area: 2178 sqft

Price History for 540 Rice St E

DatePriceEventSource
07/14/2026$2,650,000ListingRemovedNorthstarMLS as distributed by MLS GRID #6697633
01/30/2026$2,650,000Listed For SaleNorthstarMLS as distributed by MLS GRID #6697633
11/19/2025$3,100,000ListingRemovedNorthstarMLS as distributed by MLS GRID #6697633
10/03/2025$3,100,000Listed For SaleNorthstarMLS as distributed by MLS GRID #6697633
03/29/2023$1,867,400Sold
NorthstarMLS as distributed by MLS GRID #6348440
03/07/2023ListingRemovedZillow Rentals
01/06/2023$8,500PriceChange
Zillow Rentals
12/04/2022$9,500Listed For RentZillow Rental Network Premium
03/30/2021$1,400,000Sold
NorthstarMLS as distributed by MLS GRID #5628612
11/11/2020$1,499,500PriceChange
Agent Provided
09/25/2020$1,549,500PriceChange
Agent Provided
07/31/2020$1,599,000Listed For SaleAgent Provided
10/16/2018$1,197,500Sold
NorthstarMLS as distributed by MLS GRID #4844207
08/21/2018$1,295,000PendingAgent Provided
08/21/2018$1,295,000Listed For SaleAgent Provided
07/18/2018$1,295,000ListingRemovedAgent Provided
07/03/2018$1,295,000PriceChange
Agent Provided
03/12/2018$1,395,000PriceChange
Agent Provided
09/20/2017$1,500,000PriceChange
Agent Provided
08/15/2017$1,650,000PriceChange
Agent Provided
08/09/2017$1,745,000PriceChange
Agent Provided
07/17/2017$1,795,000PriceChange
Agent Provided
06/19/2017$1,995,000Listed For SaleAgent Provided
05/04/2007$1,842,627Sold
N/A

Market trends in Wayzata

Last updated June 2026
Buyer'sMarketSeller'sMarket
Avg. sale price
Sale-to-List Price
Price per sq ft
Available listings
72
2
MoM
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Property Tax and Assessment

Year2025
Tax$23,107
Assessment$2,370,400
Home facts updated by county records

Comparable Sales for 540 Rice St E

Address
Distance
Property Type
Sold Price
Sold Date
Bed
Bath
Sqft
0.15
Single-Family Home
$2,299,000
12/08/25
3
3.5
4,212
0.24
Single-Family Home
$1,443,909
09/15/25
3
3
3,660
0.08
Single-Family Home
$1,425,000
11/12/25
3
2.5
2,204
0.15
Single-Family Home
$2,299,000
12/08/25
4
4
5,743
0.23
Single-Family Home
$2,775,500
03/30/26
3
4
4,600
0.18
Single-Family Home
$688,740
07/22/25
3
3
2,038
0.10
Single-Family Home
$2,500,000
07/14/26
5
4.5
5,691
0.24
Single-Family Home
$2,775,500
03/27/26
4
4.5
5,396
0.43
Single-Family Home
$2,385,000
12/22/25
4
4
4,940
0.54
Single-Family Home
$1,469,000
04/09/26
3
4
2,839

Nearby homes

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Assigned Schools

These are the assigned schools for 540 Rice St E.
The GreatSchools Rating compares schools on a variety of school quality indicators including test scores, college readiness, equity and more. Learn more.

What Locals Say about Wayzata

At least 32 Trulia users voted on each feature.
  • 97 % Say it's dog friendly

  • 93 % Say people would walk alone at night

  • 85 % Say car is needed

  • 82 % Say yards are well-kept

  • 81 % Say parking is easy

  • 79 % Say there's holiday spirit

  • 78 % Say it's quiet

  • 76 % Say there's wildlife

  • 68 % Say kids play outside

  • 58 % Say they plan to stay for at least 5 years

  • 56 % Say it's walkable to restaurants

  • 53 % Say streets are well-lit

  • 51 % Say neighbors are friendly

  • 51 % Say there are community events

  • 41 % Say it's walkable to grocery stores

  • 36 % Say there are sidewalks

Sourced by Trulia users. Learn more about our methodology.
  • msiglesias
    "Lots of things to do in the summer. The local community also puts on great events. James j Hill day is fun"
  • Gagratson
    "They would like it. Very peaceful, flat and easy walkability. Not a lot of other dogs, but everyone on leash. "
  • Awendo4
    "Great people and well established neighborhoods...close to parks, the lakes, and walking trails. We moved here 4 years ago. "
  • Kevin.bjork
    "Safe. Lots of kids. Great schools. Great parks. Great restaurants near by. Near lake Minnetonka. Narrow roads. Great wildlife. "
  • Quinehan
    "I lived in Wayzata for 8 years and love it Very much! Great schools and easy access to major highways "
  • Jamison K.
    "Top rated schools and beautiful waterfront properties are just the start. Downtown Wayzata properties have great shops and new restaurants within walking distance. Take the children or grandchildren to the depot to watch the toy trains or hang out at the beach park in the summer. There is a wonderful outdoor city rink for ice skating in the winter. Bike trails and public transit are convenient. Wayzata is a great place to be for any family of any ages."
  • Alex D.
    "Excellent neighborhood, schools, entertainment and access to outdoor activities"
  • cubcadetdan
    "Great small town area, borders lake minnetonka, great school system, very long term residents. Many volunteers among residents."
  • Mantoles
    "great area to live in. Very nice neighborhood!!"

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Homes for sale near 540 Rice St E

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Off Market Homes Near 540 Rice St E

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