★ Veteran owned and operatedWe don’t just sell; We educate.®
← Back to search results

540 Rice Street E, Wayzata, MN 55391

Status: Sold

3 beds 4 baths
3,601 sq ft 2 garage spaces

$2,300,000

$450,000 from List Price

WELCOME HOME

Get to know this property.

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.

The details that matter.

General Property Information for 540 Rice Street E, Wayzata, MN 55391 - MLS# 6697633
Bedrooms and Bathrooms
Total Bedrooms:
3
Total Bathrooms:
4
Full Baths:
1
3/4 Baths:
2
1/2 Baths:
1
1/4 Baths:
0
Bath Description:
3/4 Basement, Bathroom Ensuite, Private Master, Main Floor 1/2 Bath, Separate Tub & Shower, Upper Level 3/4 Bath, Master Walk-Thru, Walk-In Shower Stall
Size and Townhouse
Year Built:
2006
Type of Property:
Townhouse
Style:
Side x Side
Stories/Levels:
2 Stories
Total SqFt:
3,601
Total Fnsh'd SqFt:
3,601
Above Ground SqFt:
2,933
Finished Above Grade:
2,933
Below Ground SqFt:
668
Finished Below Grade:
668
Garage Stalls:
2
Garage SqFt:
740
Main Floor SqFt:
1,408
Approx Lot Dimensions:
58 x 35
Approx Number of Acres:
0.05

A closer look at the location.

West on Wayzata Boulevard E to South on Minnetonka Avenue S. East on Rice Street E. Home is on the right.

This listing has been entered by the following office: Coldwell Banker Realty

The data relating to real estate for sale on this web site comes in part from the Broker Reciprocity Program of the Regional Multiple Listing Service of Minnesota, Inc. Real estate listings held by brokerage firms other than MnRealtyCo, LLC are marked with the Broker Reciprocity or the Broker Reciprocity logo and detailed information about them includes the name of the listing brokers.

All information provided is deemed reliable, but is not guaranteed and should be independently verified.

Copyright 2026 Regional Multiple Listing Service of Minnesota, Inc. All rights reserved.