540 Rice Street E Wayzata, MN 55391

$3,100,000
Active
estimated monthly payment
3 Beds  |  4 Baths  |  3,601 Sq Ft  |  Townhouse Side x Side  |  MLS # 6697633
  • The steps to this striking Landschute brownstone welcome you tothis exceptional residence in the charming lakeside village ofWayzata.An all-brick exterior and handsome architecture set the tone of quality craftsmanship throughout.
    The steps to this striking Landschute brownstone welcome you tothis exceptional residence in the charming lakeside village ofWayzata.An all-brick exterior and handsome architecture set the tone of quality craftsmanship throughout.
  • An open main level floor plan with hand-laid wood blockfloors, custom woodwork, and fireplace with onyx surrounding.
    An open main level floor plan with hand-laid wood blockfloors, custom woodwork, and fireplace with onyx surrounding.
  • The kitchen is a showplace, featuring a dramatic backlit onyx worktop. The appliances and cabinetry are of the highest level.
    The kitchen is a showplace, featuring a dramatic backlit onyx worktop. The appliances and cabinetry are of the highest level.
  • Introducing the upper level featuring two bedrooms, office, and laundry with arched doorways.
    Introducing the upper level featuring two bedrooms, office, and laundry with arched doorways.
  • The master suite features a gas fireplace with spa-style en suite.
    The master suite features a gas fireplace with spa-style en suite.
  • Walk through bath with soaking tub, heated floors, and dual walk-thru closets.
    Walk through bath with soaking tub, heated floors, and dual walk-thru closets.
  • Paneled office leading out to a second floor deck.
    Paneled office leading out to a second floor deck.
  • Beautiful three story elevator.
    Beautiful three story elevator.
  • Cozy sitting area with beautiful windows — perfect for relaxing or watching TV.
    Cozy sitting area with beautiful windows — perfect for relaxing or watching TV.
  • Spacious guest suite featuring a Murphy bed.
    Spacious guest suite featuring a Murphy bed.
  • A rooftop deck featuring year-round, uninterrupted Lake Minnetonka views.
    A rooftop deck featuring year-round, uninterrupted Lake Minnetonka views.

About The Listing

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 courtesy of Meredith A Howell, Coldwell Banker Realty
Purchase Price
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Property Details

Features

 
 
 
Property Type: Townhouse
Status: Active
Contingency Type: None
Year Built: 2006
MLS #: 6697633
Bedrooms: 3
Square Feet: 3,601
Bathrooms (Full): 1
Price Per Square Foot: $861
Bathrooms (Half) : 1
Bathrooms (Three Quarters) : 2
Garage Spaces: 2
Parking Description: Attached Garage, Heated Garage, Insulated Garage, Tuckunder Garage
Sewer Description: City Sewer/Connected
Air Conditioning Type: Central Air
Water: City Water/Connected
Heat Type: Forced Air, Fireplace(s), Radiant Floor
Basement: Daylight/Lookout Windows, Partial, Partially Finished, Walkout
Construction Description: Brick/Stone
Disability Features: Accessible Elevator Installed
Latest Update: 10/03/2025
List Date: 10/03/2025
Listing Agent ID: 502001399
Listing Office: Coldwell Banker Realty
Listing Office ID: 5141
Data Source: NorthstarMLS - The Regional MLS of Minnesota
Appliances: Cooktop, Dishwasher, Dryer, Exhaust Fan, Microwave, Refrigerator, Wall Oven, Washer
Fireplace Features: Gas, Living Room, Primary Bedroom
Number of Fireplaces: 2
Fence: Partial
Lot Dimensions: 58x35
Lot Size: 0.05 Acres
Lot Features: Public Transit (w/in 6 blks), Many Trees, Zero Lot Line
School District: Wayzata
Tax Year: 2025
HOA: Ellian Management
Estimated Taxes: $23,107
HOA Fee: 800.0
Contingency Type: None
HOA Frequency: Monthly
HOA Fee Inclusions: Maintenance Structure, Hazard Insurance, Lawn Care, Other, Maintenance Grounds, Parking, Snow Removal
HOA Requirment: 1
City: Wayzata
Zip: 55391
County: Hennepin
Subdivision: Rice Street Brownstones Add
State: MN

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Listing last updated: 10/03/25

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