715 Rice St E, Wayzata, MN 55391
Property image
Property image
FOR SALE
3D VIEW
0.25 ACRES

$3,695,000

Original price: $3,998,000
  • 3 Beds
  • 4 Baths
  • 5,314 sqft (on 0.25 acres)

715 Rice St E, Wayzata, MN 55391

Est. Mortgage $22,772/mo*
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Home Highlights

Single-Family Home
Built in 2001
0.25 acre lot
$695/sqft
2 Car Garage

Local Information

  • Map ViewExplore the area around 715 Rice St E.
  • Schools1 Elementary School1 Middle School1 High School
  • Shop & Eat
-- mins to
Commute Destination

About this House

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.
Last check for updates: about 2 hours ago
Listing courtesy of Berg Larsen Group - Chad M Larsen, (612) 968-6030
Coldwell Banker Realty - Lakes
Berg Larsen Group - Barry Berg, (612) 670-3600
Source: NorthstarMLS as distributed by MLS GRID, MLS#7022564

Home Details for 715 Rice St E

Active Status

MLS Status: Active

Interior Features

Interior Details
Basement: Drain Tiled,Egress Window(s),Finished,Full,Concrete,Storage Space,Sump PumpNumber of Rooms: 12Types of Rooms: Bedroom, Bedroom 2, Bedroom 3, Amusement Room, Bar Wet Bar Room, Dining Room, Family Room, Kitchen, Laundry, Living Room, Office
Beds & Baths
Number of Bedrooms: 3Number of Bathrooms: 5Number of Bathrooms (full): 1Number of Bathrooms (three quarters): 2Number of Bathrooms (half): 2
Dimensions and Layout
Living Area: 5314 Square FeetFoundation Area: 1823
Appliances & Utilities
Appliances: Air-To-Air Exchanger, Cooktop, Dishwasher, Disposal, Double Oven, Dryer, Exhaust Fan, Humidifier, Gas Water Heater, Water Filtration System, Microwave, Refrigerator, Stainless Steel Appliance(s), Wall Oven, Washer, Water Softener Owned, Wine CoolerDishwasherDisposalDryerLaundry: Laundry Room,Upper LevelMicrowaveRefrigeratorWasher
Heating & Cooling
Heating: Forced Air,In-Floor HeatingHas CoolingAir Conditioning: Central AirHas HeatingHeating Fuel: Forced Air
Fireplace & Spa
Number of Fireplaces: 3Fireplace: Family Room, Gas, Living Room, Other, StoneHas a Fireplace
Gas & Electric
Electric: Circuit BreakersGas: Natural Gas
Levels, Entrance, & Accessibility
Stories: 2Levels: TwoAccessibility: Accessible Elevator Installed
View
No View

Exterior Features

Exterior Home Features
Roof: Age 8 Years Or Less AsphaltPatio / Porch: PatioFencing: FullNo Private Pool
Parking & Garage
Number of Garage Spaces: 2Number of Covered Spaces: 2Other Parking: Garage Dimensions (25x25), Garage Door Height (8), Garage Door Width (16)No CarportHas a GarageHas an Attached GarageHas Open ParkingParking Spaces: 2Parking: Attached,Driveway - Other Surface,Floor Drain,Garage Door Opener,Heated Garage,Insulated Garage
Pool
Pool: None
Frontage
Road Frontage: City StreetResponsible for Road Maintenance: Public Maintained RoadRoad Surface Type: PavedNot on Waterfront
Water & Sewer
Sewer: City Sewer/Connected
Finished Area
Finished Area (above surface): 4204 Square FeetFinished Area (below surface): 1110 Square Feet

Days on Market

Cumulative Days on Market: 130Days on Market: 42

Property Information

Year Built
Year Built: 2001
Property Type / Style
Property Type: ResidentialProperty Subtype: Single Family
Building
Not a New ConstructionNot Attached PropertyNo Additional Parcels
Property Information
Parcel Number: 0611722130001

Price & Status

Price
List Price: $3,695,000Price Per Sqft: $695

Location

Direction & Address
City: WayzataCommunity: Wayzata
School Information
High School District: Wayzata

Agent Information

Listing Agent
Listing ID: 7022564

Building

Building Area
Building Area: 6027 Square Feet

HOA

No HOAHOA Fee: No HOA Fee

Lot Information

Lot Area: 10890 sqft

Offer

Contingencies: None

Miscellaneous

BasementMls Number: 7022564Above Grade Unfinished Area: 4204

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 there are community events

  • 50 % Say neighbors are friendly

  • 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!!"

Market trends in Wayzata

Last updated July 2026
Buyer'sMarketSeller'sMarket
Avg. sale price
—
Sale-to-List Price
—
Price per sq ft
—
Available listings
72

Home Value

Trulia Estimate
$3.54M
Since last month
Decreased$206K (-5.5%)
Since last year
Increased$296K (+9.1%)
Since last sale
Increased$288K (+8.9%)
Learn more about this home's value by checking out its Trulia Estimate, the value of nearby homes, and how much similar homes have sold for.

Trulia Estimate

The of this home's value increased by +105% in the last 10 years
MonthEstimated value
2026
September 2026$3.54M
August 2026$3.46M
July 2026$3.74M
June 2026$3.75M
May 2026$3.77M
April 2026$3.8M
March 2026$3.85M
February 2026$3.31M
January 2026$3.23M
2025
2024
2023
2022
2021
2020
2019
2018
2017
2016

Comparable sales

These are recently sold homes that have a similar location or other similar features to this home, like bedrooms, bathrooms, and square footage. Get a sense of the expected prices in the area by viewing these homes.
Address
Distance
Property Type
Sold Price
Sold Date
Bed
Bath
Sqft
0.20
Single-Family Home
$2,775,500
03/27/26
4
4.5
5,396
0.30
Single-Family Home
$2,299,000
12/08/25
3
3.5
4,212
0.18
Single-Family Home
$2,200,000
08/07/26
5
3.5
4,301
0.17
Single-Family Home
$2,500,000
07/14/26
5
4.5
5,691
0.28
Single-Family Home
$2,385,000
12/18/25
4
4.5
4,595
0.22
Single-Family Home
$1,425,000
11/12/25
3
2.5
2,204

Nearby home prices

Get a sense of expected prices in the area by checking the value of nearby homes.
Address
Distance
Price
Bed
Bath
Sqft
Status
0.01
$3,100,000
4
3.5
5,853
For Sale
0.06
$3,767,000
3
2.5
4,497
Off Market
0.01
$3,195,000
2
1
2,350
For Sale
0.01
$2,895,000
2
2.5
2,246
For Sale
0.01
$2,695,000
2
2.5
2,246
For Sale
0.08
$3,600,000
3
2.5
3,845
For Sale
0.09
$2,715,000
4
2.5
4,020
Recently Sold
0.09
$3,950,000
4
4
5,312
For Sale
0.09
$4,035,900
3
3
5,025
Off Market
0.04
$1,880,900
4
3.5
3,397
Off Market
0.04
$572,900
2
1.5
1,290
Off Market

Price and Tax history

DateEventPrice
Aug 28, 2026
Source: NorthstarMLS as distributed by MLS GRID #7022564
PriceChange
$3,695,000
Price decreased by 8%
Jul 27, 2026
Source: NorthstarMLS as distributed by MLS GRID #7022564
Listed For Sale
$3,998,000
Jul 10, 2026
Source: NorthstarMLS as distributed by MLS GRID #7022564
ListingRemoved
$3,998,000
Mar 2, 2026
Source: NorthstarMLS as distributed by MLS GRID #7022564
Listed For Sale
$3,998,000
Nov 1, 2023
Source: NorthstarMLS as distributed by MLS GRID #6390421
Sold
$3,250,000

LGBTQ Local Legal Protections

Berg Larsen Group - Chad M Larsen, Coldwell Banker Realty - Lakes
Agent Phone: (612) 968-6030
Based on information submitted to the MLS GRID as of 2026-09-07 16:53:00 PDT. 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. Some IDX listings have been excluded from this website. Click here for more information
By searching NorthstarMLS listings you agree to the NorthstarMLS End User License Agreement

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Frequently asked questions about 715 Rice St E

  • What is the estimated monthly payment for 715 Rice St E?
    Based on a $3,695,000 list price with 20% down at today's rates, the estimated monthly payment for 715 Rice St E in Wayzata, MN is approximately $23,289 (about $19,611 principal & interest, $3,603 property taxes, and $75 homeowner's insurance). This is an estimate. Actual payment depends on your loan terms.
  • What do residents say about Wayzata?
    Residents describe Wayzata, MN as dog-friendly, well-kept, and easy to park in. Most residents say you need a car. See homes for sale in Wayzata, MN.
  • What are the closest schools to 715 Rice St E?
    The closest schools to 715 Rice St E in Wayzata, MN are Gleason Lake Elementary School (rated 9/10), Wayzata High School (rated 10/10), Wayzata West Middle School (rated 9/10).
  • What is 715 Rice St E estimated to be worth?
    Trulia's estimated value for 715 Rice St E in Wayzata, MN is $3,538,300.
  • Does 715 Rice St E have air conditioning?
    Yes, 715 Rice St E in Wayzata, MN has air conditioning.
  • Does 715 Rice St E have laundry facilities?
    Yes, 715 Rice St E in Wayzata, MN has in-unit laundry.
715 Rice St E, Wayzata, MN 55391 is a 3 bedroom, 5 bathroom, 5,314 sqft single-family home built in 2001. This property is currently available for sale and was listed by NorthstarMLS as distributed by MLS GRID on Jul 27, 2026. The MLS # for this home is MLS# 7022564.