$2,650,000

540 Rice Street E, Wayzata, MN 55391

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$2,650,000

(450,000) 01/30/2026

540 Rice Street E Wayzata, MN 55391

For Sale MLS# 6697633

3 beds 4 baths 3,601 sq ft Townhouse/Twinhome

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Data current as of 12/03/2026 03:59:14

Details for 540 Rice Street E

MLS# 6697633

Description for 540 Rice Street E, Wayzata, MN, 55391


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.

Listing Information


Property Type: Residential, Side by Side

Status: Active

Bedrooms: 3

Bathrooms: 4

Lot Size: 0.05 Acres

Square Feet: 3,601 sq ft

Year Built: 2006

Foundation: 1,408 sq ft

Garage: Yes

Stories: 2 Stories

Property Attached: Yes

Subdivision: Rice Street Brownstones Add

County: Hennepin

Days On Market: 88

Construction Status: Previously Owned

School Information


District: 284 - Wayzata

Room Information


Main Floor

Dining Room: 15x13

Kitchen: 15x13

Living Room: 33x19

Upper Floor

Bedroom 1: 19x19

Bedroom 2: 12x10

Laundry:

Office: 15x13

Lower Floor

Bedroom 3: 24x13

Bathrooms

Full Baths: 1

3/4 Baths: 2

1/2 Baths: 1

Additonal Room Information

Other: Deck

Family: Lower Level

Dining: Eat In Kitchen,Informal Dining Room,Kitchen/Dining Room,Living/Dining Room

Laundry: Laundry Room, Upper Level, Sink

Bath Description: 3/4 Basement,Bathroom Ensuite,Main Floor 1/2 Bath,Primary Walk-Thru,Private Primary,Separate Tub & Shower,Upper Level 3/4 Bath,Walk-In Shower Stall

Interior Features


Square Footage above: 2,933 sq ft

Square Footage below: 668 sq ft

Appliances: Wall Oven, Washer, Refrigerator, Microwave, Cooktop, Exhaust Fan/Hood, Dishwasher, Dryer

Basement: Walkout, Daylight/Lookout Windows, Partial Finished, Partial

Fireplaces: 2, Gas Burning, Living Room, Primary Bedroom

Accessibility: Elevator

Additional Interior Features: Hardwood Floors, Natural Woodwork, Kitchen Window, Security System, Kitchen Center Island, French Doors, Paneled Doors, Washer/Dryer Hookup, Walk-In Closet, 2nd Floor Laundry, Wet Bar, Primary Bdr Suite

Utilities


Water: City Water/Connected

Sewer: City Sewer/Connected

Cooling: Central

Heating: Fireplace, Forced Air, In-Floor Heating, Natural Gas

Exterior / Lot Features


Attached Garage: Attached Garage

Garage Spaces: 2

Parking Description: Tuckunder Garage, Heated Garage, Insulated Garage, Attached Garage, Garage Sq Ft - 740.0

Exterior: Brick/Stone

Lot Dimensions: 58x35

Zoning: Residential-Multi-Family

Fencing: Partial

Additional Exterior/Lot Features: Deck, Balcony, End Unit, Tree Coverage - Medium, Zero Lot Line, Public Transit (w/in 6 blks), Road Frontage - City, Curbs, Paved Streets, Sidewalks

Community Features


HOA Dues Include: Building Exterior, Lawn Care, Hazard Insurance, Other, Outside Maintenance, Parking Space, Snow Removal

Homeowners Association: Yes

Association Name: Ellian Management

HOA Dues: $800 / Monthly

Driving Directions


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

Financial Considerations


Covenants/Deed Restrictions: Other Covenants

Tax/Property ID: 0611722240097

Tax Amount: 23107

Tax Year: 2025

HomeStead Description: Non-Homesteaded

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Interest rate and annual percentage rate (APR) are based on current market conditions, are for informational purposes only, are subject to change without notice and may be subject to pricing add-ons related to property type, loan amount, loan-to-value, credit score and other variables. Estimated closing costs used in the APR calculation are assumed to be paid by the borrower at closing. If the closing costs are financed, the loan, APR and payment amounts will be higher. If the down payment is less than 20%, mortgage insurance may be required and could increase the monthly payment and APR. Contact us for details. Additional loan programs may be available. Accuracy is not guaranteed, and all products may not be available in all borrower's geographical areas and are based on their individual situation. This is not a credit decision or a commitment to lend.

Sales History

Date Price
Currently not available.

Tax Summary

Tax Year Estimated Market Value Total Tax
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Data powered by ATTOM Data Solutions. Copyright© 2026. Information deemed reliable but not guaranteed.

Schools nearby 540 Rice Street E

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Data powered by ATTOM Data Solutions. Copyright© 2026. Information deemed reliable but not guaranteed.

The schools shown represent both the assigned schools and schools by distance based on local school and district attendance boundaries. Attendance boundaries change based on various factors and proximity does not guarantee enrollment eligibility. Please consult your real estate agent and/or the school district to confirm the schools this property is zoned to attend. Information is deemed reliable but not guaranteed.

SchoolDigger ® Rating

The SchoolDigger rating system is a 1-5 scale with 5 as the highest rating. SchoolDigger ranks schools based on test scores supplied by each state's Department of Education. They calculate an average standard score by normalizing and averaging each school's test scores across all tests and grades.

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