540 Rice St E

Off Market

540 Rice St E

Wayzata MN 55391

3601 sq. ft.

0.05 ac.

Townhouse

Last sold for $2,300,000

Meredith Howell, last sold this property on 01 September 2026 after 332 days on market.

Overview

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.

Features

3 bedrooms

4 bathrooms

2 carspaces

2 garage spaces

3601 sq. ft. floor area

0.05 ac. lot size

Townhouse

Estimated Value

Based on this property and similar 3 bedroom townhouses sold in Wayzata over the last 12 months, the estimated median property value of 540 Rice St E is $815k.

Median value

$815k

Estimated value range

$325k - $3.45m

Median days on market

Estimated value trend

increase over the last 12 months

Average days on market is based on recent, comparable sales in Wayzata. It is only an indication of the time a property is actively listed and should not be relied upon as an accurate representation of how soon a property will be sold.

Property history for 540 Rice St E

2026

Sold

$2,300,000

01 Sep 2026 by Meredith Howell, of Coldwell Banker Realty

2023

Sold

$1,867,400

29 Mar 2023

2021

Sold

$1,400,000

30 Mar 2021 by Drew Hueler, of Coldwell Banker Realty

Happy sellers in Wayzata

94%

94% of sellers in Wayzata reported that their sale price either exceeded or met their price expectations.

Wayzata stands out for consistently delivering exceptional satisfaction and strong market results for homeowners.

This is based on voluntary sentiment collected from 6 reviews in Wayzata over the last 12 months.

Local market activity for 3 bedroom townhouses in Wayzata

In the last 12 months, 23 three-bedroom townhouses similar to 540 Rice St E, have been sold.

This represents a 26% decrease in three-bedroom townhouses sales when compared to the previous 12 months.

Sold

For Sale

Interested in selling?

People are reaching out to these agents in Wayzata for a market analysis.

Christy Kimbrel

at Keller Williams Premier Realty - VH

(79 reviews)

Get a market analysis

Jacob Milton

(92 reviews)

Get a market analysis

Gaye Christofersen

(48 reviews)

Get a market analysis

Elizabeth Ulrich

at Compass

(11 reviews)

Get a market analysis

Nearby agents

Compare and contact these top performing agents who’ve delivered exception customer service for their clients in Wayzata

Christy Kimbrel

Sellers who recommend Christy Kimbrel have praised them for being local expert, clear communication, supportive, responsive, great negotiation, dedicated, and patient

5 (79 reviews)
1 Review in Wayzata
2 Sales in Wayzata

View profile

Jacob Milton

Jacob Milton is a recommended agent for Wayzata. They have 1 local sale and collected 1 local review across the last 12 months.

5 (92 reviews)
1 Review in Wayzata
1 Sale in Wayzata

View profile

Gaye Christofersen

Sellers who recommend Gaye Christofersen have praised them for being local expert, clear communication, friendly, hard-working, responsive, supportive, and stress-free process