540 Rice St E
Description
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...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 Agent
Property Details for 540 Rice Street East
Property Details for 540 Rice Street East
| Status | Active |
|---|---|
| MLS # | 6697633 |
| Days on Compass | 56 |
| Taxes | $23,107 / year |
| HOA Fees | $800 / month |
| Condo/Co-op Fees | - |
| Property Type | Townhouse |
| MLS Type | Residential / (TH) Side x Side |
| Year Built | 2006 |
| Lot Size | 0.05 AC / 2,178 SF |
| County | Hennepin County |
Location
Building Information for 540 Rice Street East
Payment Calculator
$15,931 per month
30 year fixed, 6.36% Interest
$13,205
$1,926
$800
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1Property Information for 540 Rice Street East
- City Name: Wayzata
- County Or Parish: Hennepin
- County: Hennepin-MN
- Directions: West on Wayzata Boulevard E to South on Minnetonka Avenue S. East on Rice Street E. Home is on the right.
- Latitude: 44.971619
- Longitude: -93.513091
- Map Coordinate: 104-B3
- City and Location: Wayzata
- City and Location Text: Wayzata(MN)
- Postal Code: 55391
- State Or Province: MN
- Public Survey Township: 117
- Additional Parcels: No
- Association Fee: $800.00
- Association Fee Frequency: Monthly
- Association Fee Includes: Building Exterior, Hazard Insurance, Lawn Care, Other, Maintenance Grounds, Parking, Snow Removal
- Association Name: Ellian Management
- Association Phone: 9522103383
- Association: Yes
- Parcel Number: 0611722240097
- Tax Annual Amount: $23,107.00
- Tax Legal Description: LOT 002 BLOCK 001 RICE STREET BROWNSTONES ADDN
- Tax Other Annual Assessment Amount: $.00
- Tax Year: 2025
- Tax With Assessments: 23107
- High School District: 284 - Wayzata
- School District Number: 284
- School District Phone: 7637455000
- Above Grade Fin SQFT: 2933.0
- Below Grade Fin SQFT: 668.0
- SQFT Total: 3601.0
- Living Area Units: Square Feet
- Lot Features: Public Transit (w/in 6 blks), Tree Coverage - Medium, Zero Lot Line
- Lot Size Area: 0.05
- Lot Size Dimensions: 58x35
- Lot Size Units: Acres
- Present Use: Yearly
- Property Attached: Yes
- Property Sub Type: (TH) Side x Side
- Property Type: Residential
- SQFT Main Total: 1408
- Building Area Total: 3601.0
- Above Grade SqFt Total: 2933
- Below Grade SqFt Total: 668
- Sewer: City Sewer/Connected
- Water Source: City Water/Connected
- Accessibility Features: Accessible Elevator Installed
- Exterior Features: Stone
- Fencing: Partial
- Foundation Area: 1408.0
- Foundation Details: Other
- Fuel: Natural Gas
- Road Frontage Type: City Street, Curbs, Paved Streets, Sidewalks
- Road Responsibility: Public Maintained Road
- Patio Porch Type: Deck
- Appliances: Cooktop, Dishwasher, Dryer, Exhaust Fan, Microwave, Refrigerator, Wall Oven, Washer
- Basement Type: Daylight/Lookout Windows, Partial, Partially Finished, Walkout
- Amenities Unit: Balcony,Deck,French Doors,Hardwood Floors,Kitchen Center Island,Kitchen Window,Primary Bedroom Walk-In Closet,Natural Woodwork,Paneled Doors,Security System,Washer/Dryer Hookup,Wet Bar,Walk-In Closet
- Bath Desc: 3/4 Basement,Bathroom Ensuite,Private Primary,Main Floor 1/2 Bath,Separate Tub & Shower,Upper Level 3/4 Bath,Primary Walk-Thru,Walk-In Shower Stall
- Bathrooms Full: 1
- Bathrooms Half: 1
- Bathrooms One Quarter: 0
- Bathrooms Three Quarter: 2
- Bathrooms Total Count: 4
- Bedrooms Total: 3
- Fireplace Features: Gas, Living Room, Primary Bedroom
- Fireplaces Total: 2
- FireplaceYN: Yes
- Cooling: Central Air
- Dining Room Description: Eat In Kitchen,Informal Dining Room,Kitchen/Dining Room,Living/Dining Room
- Garage Square Feet: 740
- Heating: Forced Air, Fireplace(s), In-Floor Heating
- Laundry Features: Laundry Room, Sink, Upper Level
- Levels: Two
- Room List: Deck, Dining Room, Bedroom, Kitchen, Laundry, Living Room, Office, Bedroom 2, Bedroom 3
- Basement YN: Yes
- Room Level: Third
- Room Type: Deck
- Room Dimensions: 15x13
- Room Level: Main
- Room Type: Dining Room
- Room Dimensions: 19x19
- Room Level: Upper
- Room Type: Bedroom
- Room Dimensions: 15x13
- Room Level: Main
- Room Type: Kitchen
- Room Level: Upper
- Room Type: Laundry
- Room Dimensions: 33x19
- Room Level: Main
- Room Type: Living Room
- Room Dimensions: 15x13
- Room Level: Upper
- Room Type: Office
- Room Dimensions: 12x10
- Room Level: Upper
- Room Type: Bedroom 2
- Room Dimensions: 24x13
- Room Level: Lower
- Room Type: Bedroom 3
Property History for 540 Rice Street East
| Date | Event & Source | Price | Appreciation |
|---|---|---|---|
| Jan 29, 2026 | Price Change NorthStar #6697633 | $2,650,000 | — |
| Jan 29, 2026 | Listed (Active) NorthStar #6697633 | — | |
| Nov 19, 2025 | Off Market NorthStar #6697633 | — | |
| Oct 3, 2025 | Price Change NorthStar #6697633 | $3,100,000 | — |
| Oct 3, 2025 | Listed (Active) NorthStar #6697633 | — | |
| Mar 29, 2023 | Sold NorthStar #6348440 | $1,867,400 | — |
| Mar 29, 2023 | Pending NorthStar #6348440 | — | |
| Mar 21, 2023 | Sold (Public Record) Public Record #1508744239 | $1,867,400 | +15.1% / yr |
| Mar 15, 2022 | Sold NorthStar #3394212 | — | |
| Mar 30, 2021 | Sold NorthStar #5628612 | $1,400,000 | — |
| Mar 5, 2021 | Sold (Public Record) Public Record #1458693559 | $1,400,000 | +6.8% / yr |
| Feb 4, 2021 | Pending NorthStar #5628612 | — | |
| Jul 30, 2020 | Listed (Active) NorthStar #5628612 | $1,599,000 | — |
| Oct 16, 2018 | Sold (Public Record) Public Record #633317397 | $1,197,500 | +50.7% / yr |
| Oct 16, 2018 | Sold NorthStar #4844207 | $1,197,500 | — |
| Aug 21, 2018 | Pending NorthStar #4844207 | — | |
| Apr 20, 2018 | Sold (Public Record) Public Record #633947672 | $979,482 | +146.2% / yr |
| Jun 18, 2017 | Listed (Active) NorthStar #4844207 | $1,995,000 | — |
| Nov 20, 2009 | Sold (Public Record) Public Record #278964512 | $500 | -96.4% / yr |
| Jun 12, 2007 | Pending NorthStar #3394212 | — | |
| May 30, 2007 | Sold (Public Record) Public Record #221686472 | $1,842,627 | — |
| May 30, 2007 | Sold NorthStar #3394212 | $1,842,628 | — |
| Date | Event & Source | Price |
|---|---|---|
| 01/29/2026 | Price Change NorthStar #6697633 | $2,650,000 |
| 01/29/2026 | Listed (Active) NorthStar #6697633 | — |
| 11/19/2025 | Off Market NorthStar #6697633 | — |
| 10/03/2025 | Price Change NorthStar #6697633 | $3,100,000 |
| 10/03/2025 | Listed (Active) NorthStar #6697633 | — |
| 03/29/2023 | Sold NorthStar #6348440 | $1,867,400 |
| 03/29/2023 | Pending NorthStar #6348440 | — |
| 03/21/2023 | Sold (Public Record) Public Record #1508744239 | $1,867,400 +15.1% / yr |
| 03/15/2022 | Sold NorthStar #3394212 | — |
| 03/30/2021 | Sold NorthStar #5628612 | $1,400,000 |
| 03/05/2021 | Sold (Public Record) Public Record #1458693559 | $1,400,000 +6.8% / yr |
| 02/04/2021 | Pending NorthStar #5628612 | — |
| 07/30/2020 | Listed (Active) NorthStar #5628612 | $1,599,000 |
| 10/16/2018 | Sold (Public Record) Public Record #633317397 | $1,197,500 +50.7% / yr |
| 10/16/2018 | Sold NorthStar #4844207 | $1,197,500 |
| 08/21/2018 | Pending NorthStar #4844207 | — |
| 04/20/2018 | Sold (Public Record) Public Record #633947672 | $979,482 +146.2% / yr |
| 06/18/2017 | Listed (Active) NorthStar #4844207 | $1,995,000 |
| 11/20/2009 | Sold (Public Record) Public Record #278964512 | $500 -96.4% / yr |
| 06/12/2007 | Pending NorthStar #3394212 | — |
| 05/30/2007 | Sold (Public Record) Public Record #221686472 | $1,842,627 |
| 05/30/2007 | Sold NorthStar #3394212 | $1,842,628 |
For completeness, we often displays two records for one sale: the MLS record and the public record.
Public Records for 540 Rice Street East
Schools near 540 Rice Street East
Rating | School | Type | Grades | Distance |
|---|---|---|---|---|
| Public - | K to 5 | |||
| Public - | 6 to 8 | |||
| Public - | 9 to 12 | |||
| Public - | 6 to 8 |
Rating | School | Distance |
|---|---|---|
Gleason Lake Elementary School PublicK to 5 | ||
Wayzata West Middle School Public6 to 8 | ||
Wayzata High School Public9 to 12 | ||
Central Middle Alternative (Cmap) Public6 to 8 |
School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.
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No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of any information, descriptions or measurements (including square footage measurements and property condition), such should be independently verified through appropriate means, including, but not limited to, in person inspection and public records, and Compass International Holdings, its subsidiaries, affiliates and independently owned and operated franchisees, and their affiliated agents and associated third parties expressly disclaim any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. Offers of compensation are subject to change at the seller's discretion. No financial or legal advice provided. Equal Housing Opportunity.
Based on information submitted to the MLS GRID as of 06/17/2026 01:37 PM. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. Properties displayed may be listed or sold by various participants in the MLS. IDX information is provided exclusively for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. The data is deemed reliable but is not guaranteed by MLS GRID. Use of the MLS GRID data may be subject to an end user license agreement prescribed by the applicable MLS of the Member Participant, if any, and as amended from time to time.
