Just two blocks from Lake Street in Wayzata, 745 Rice Street East is an exceptional residence nestled in this picturesque and highly sought-after community. This interior designer's home truly has it all thoughtful details, stylish finishes, and an unbeatable location close to the best of Wayzata living. This beautiful home features 3 bedrooms and 3 elegantly designed bathrooms, spread across a generous 3,428 square feet of living space. As you enter, you'll be greeted by a tastefully decorated and furnished interior. The open-concept living area is accentuated by a warm gas fireplace and expansive floor-to-ceiling windows. The gourmet kitchen is a culinary enthusiast's dream, fully equipped with a cooktop, microwave, refrigerator, dishwasher, disposal, and two ovens. The main floor offers both informal and formal dining rooms, a designated office, as well as a spacious living room with plenty of room to entertain. Head upstairs to discover the primary bedroom, complete with a private balcony. A large walk-in closet and a convenient laundry room are also located on this level. The lower level is a haven for both relaxation and entertainment, featuring a charming wine cellar tucked under the stairs. It offers two additional comfortable bedrooms, a stylish bar area, an exercise room, and a spacious living area perfect for hosting gatherings. Step outside to a private outdoor space through the walkout, providing a seamless indoor-outdoor experience for you and your guests. The property also includes a two-car garage, ensuring ample parking and storage space. It is conveniently located near parks, beaches, trails, and all the attractions that downtown Wayzata has to offer. Tenant to pay an additional $600 a month for utilities.
Agent to verify all information and measurements. Pets may ultimately be allowed, based on final decision of landlord. Reach out to listing agent to discuss possibility. Tenant to supply bed and bath linens, everything else is furnished in the the home. No smoking allowed. Two car attached garage. Background check required.
Sold for $1,575,000
$1,575,000
745 Rice St E, Wayzata, MN 55391
3beds
3,428sqft
Single Family Residence
Built in ----
-- sqft lot
$1,835,500 Zestimate®
$459/sqft
$5,854 Estimated rent
Home value
$1,835,500
$1.67M - $2.02M
$5,854/mo
Zestimate® history
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List your homeWhat's special
Warm gas fireplaceTwo-car garageStylish bar areaExpansive floor-to-ceiling windowsDesignated officeGourmet kitchenTwo ovens
Zillow last checked:
Listing updated:
Source: Zillow Rentals
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 3
- Bathrooms: 3
- Full bathrooms: 3
Rooms
- Room types: Office
Heating
- Forced Air, Fireplace
Cooling
- Central Air
Appliances
- Included: Dishwasher, Dryer, Microwave, Oven, Refrigerator, Washer
- Laundry: In Unit, Shared
Features
- Walk In Closet
- Flooring: Carpet, Hardwood, Tile
- Has fireplace: Yes
- Furnished: Yes
Interior area
- Total interior livable area: 3,428 sqft
Property
Parking
- Parking features: Attached
- Has attached garage: Yes
- Details: Contact manager
Features
- Patio & porch: Patio, Porch
- Exterior features: Exercise Room, Heating system: Forced Air, Walk In Closet
Details
- Parcel number: 0611722130104
Construction
Type & style
- Home type: SingleFamily
- Property subtype: Single Family Residence
Community & HOA
Community
- Deposit fee: $5,000
Location
- Region: Wayzata
Financial & listing details
- Price per square foot: $459/sqft
- Tax assessed value: $1,789,400
- Annual tax amount: $20,974
- Date on market: 12/16/2025
- Lease term: 6 Month
Price history
| Date | Event | Price |
|---|---|---|
| 8/4/2026 | Sold | $1,575,000+50.7%$459/sqft |
Source: Public Record Report a problem | ||
| 1/6/2026 | Listing removed | $8,000$2/sqft |
Source: Zillow Rentals Report a problem | ||
| 12/6/2025 | Price change | $8,000-23.1%$2/sqft |
Source: Zillow Rentals Report a problem | ||
| 10/15/2025 | Listed for rent | $10,400+30%$3/sqft |
Source: Zillow Rentals Report a problem | ||
| 2/3/2023 | Listing removed | -- |
Source: Zillow Rentals Report a problem | ||
| 11/16/2022 | Listed for rent | $8,000$2/sqft |
Source: Zillow Rental Manager Report a problem | ||
| 8/11/2016 | Sold | $1,045,000-7.1%$305/sqft |
Source: | ||
| 6/3/2016 | Price change | $1,125,000-6.2%$328/sqft |
Source: Coldwell Banker Burnet - Wayzata #4659659 Report a problem | ||
| 4/7/2016 | Price change | $1,199,000-4.1%$350/sqft |
Source: Coldwell Banker Burnet - Wayzata #4659659 Report a problem | ||
| 2/17/2016 | Price change | $1,249,900-3.8%$365/sqft |
Source: Coldwell Banker Burnet - Wayzata #4659659 Report a problem | ||
| 11/6/2015 | Price change | $1,299,000-0.1%$379/sqft |
Source: Coldwell Banker Burnet - Wayzata #4659659 Report a problem | ||
| 10/11/2015 | Price change | $1,299,900-1.9%$379/sqft |
Source: Keller Williams - Maple Grove #4574129 Report a problem | ||
| 8/11/2015 | Price change | $1,325,000-5%$387/sqft |
Source: Keller Williams - Maple Grove #4574129 Report a problem | ||
| 5/20/2015 | Price change | $1,395,000-6.7%$407/sqft |
Source: Keller Williams - Maple Grove #4574129 Report a problem | ||
| 3/20/2015 | Price change | $1,495,000+7.2%$436/sqft |
Source: Keller Williams Classic Realty Northwest #4574129 Report a problem | ||
| 3/3/2015 | Listed for sale | $1,395,000+153.6%$407/sqft |
Source: Keller Williams Classic Realty Northwest #4567411 Report a problem | ||
| 3/20/2002 | Sold | $550,000+183.9%$160/sqft |
Source: Public Record Report a problem | ||
| 8/18/1999 | Sold | $193,750$57/sqft |
Source: Public Record Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $20,974 -9.6% | $1,789,400 +3.7% |
| 2024 | $23,197 +19.1% | $1,724,800 -12.7% |
| 2023 | $19,474 -2.2% | $1,975,800 +21.5% |
| 2022 | $19,912 +4.7% | $1,626,000 +9.9% |
| 2021 | $19,011 +2% | $1,480,000 +4% |
| 2020 | $18,642 -1.9% | $1,423,000 +5.5% |
| 2019 | $19,011 +2% | $1,349,000 +8.2% |
| 2018 | $18,642 +14% | $1,247,000 +8% |
| 2017 | $16,349 +0.7% | $1,155,000 +6% |
| 2016 | $16,229 +3% | $1,090,000 +5% |
| 2015 | $15,754 +2.5% | $1,038,000 +5.7% |
| 2014 | $15,368 +4.7% | $982,000 -0.6% |
| 2013 | $14,682 +2.7% | $988,000 -0.9% |
| 2012 | $14,293 +5.4% | $997,000 |
| 2011 | $13,556 -1.1% | $997,000 -7.9% |
| 2010 | $13,710 +3.3% | $1,082,000 -1.8% |
| 2009 | $13,270 +24.1% | $1,102,000 +27% |
| 2006 | $10,695 +4.8% | $868,000 +4.8% |
| 2005 | $10,206 +147.2% | $827,900 +139.3% |
| 2004 | $4,129 +53.1% | $346,000 +97.7% |
| 2002 | $2,698 -46.8% | $175,000 |
| 2001 | $5,068 | -- |
Find assessor info on the county website
Neighborhood: 55391
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Nearby schools
GreatSchools rating
- 9/10Gleason Lake Elementary SchoolGrades: K-5Distance: 0.8 mi
- 9/10Wayzata West Middle SchoolGrades: 6-8Distance: 0.6 mi
- 10/10Wayzata High SchoolGrades: 9-12Distance: 5.1 mi
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Estimated market value
$1,835,500
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Estimated market value
$1,835,500
- Minnesota
- Hennepin County
- Wayzata
- 55391
- 745 Rice St E