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Back 540 Rice St E
Off Market

540 Rice St E

Wayzata MN 55391

3
4
2
3601 sq. ft.
0.05 ac.
Townhouse
Last sold for $2,300,000
Meredith HowellMeredith 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 $940k.

Median value
$940k
Estimated value range
$325k - $2.3m
Median days on market
42
Estimated value trend
23%
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

90%
90% 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 4 reviews in Wayzata over the last 12 months.

Local market activity for 3 bedroom townhouses in Wayzata

In the last 12 months, 17 three-bedroom townhouses similar to 540 Rice St E, have been sold.

This represents a 11% increase in three-bedroom townhouses sales when compared to the previous 12 months.

Nearby agents

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

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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
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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
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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

  •   5   (48 reviews)
  •  1 Review in Wayzata
  •  1 Sale in Wayzata
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Elizabeth Ulrich

Sellers who recommend Elizabeth Ulrich have praised them for being local expert and responsive

  •   5   (11 reviews)
  •  16 Sales in Wayzata
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