135 Water Street, Madison, MS 39110 (MLS# 4138185)

135 Water Street, Madison, MS 39110

$577,320

Property Type: Residential Bedrooms: 3 Square Footage: 2,264 Lot Size (sq. ft.): 4,356 Status: Active

Current Price: $577,320 List Date: 4/10/2026 Last Modified: 4/20/2026

Description

This one-level new construction home features 3 bedrooms and 2.5 bathrooms in the heart of Lost Rabbit. The open floor plan is highlighted by a large living room with vaulted ceilings and a seamless transition to a spacious side patio. The home includes a 2.5-car garage, offering extra space for a golf cart or storage. Located in a prime spot, you are within easy walking distance to the marina, town center, and neighborhood amenities. Enjoy luxury and convenience in a functional, single-story layout.

More Information MLS# 4138185

Address and Location Information

Street Number: 135 Street Name: Water Street Suffix: Street County: Madison State: MS Zip Code: 39110 Parcel Number: Unassigned Subdivision: Lost Rabbit Directions to Property: Hoy Rd into Lost Rabbit, first left onto Water St Community Of: N/A

Listing Information

Status: Active List Date: 2026-02-04 Projected Completion Date: 2026-04-10 List Price: $577,320 Current Price: $577,320 Listing Service: Full Service Estimated Completion Date: 2026-03-31

General Property Information

Property Sub Type: Single Family Residence New Construction: Yes Property Condition: Under Construction Approx Lot Size Acres: 0.1 Approx H/C SqFt: 2264 SqFt Source: Plans List Price/SqFt: 255 Year Built Known: Yes Year Built: 2026 Year Built Source: Builder Garage Spaces: 2.5 Total Floors: 1 Bedrooms Total: 3 Bathrooms Full: 2 Bathrooms Half: 1 Fireplace: Yes Fireplaces Total: 1 Pool: No School District: Madison CO Dist Elementary School: Madison Avenue Elementary School 2: Madison Avenue Intermediate School: N/A Middle or Junior School: Madison High School: Madison Central Home Warranty: Yes Accessibility Features: No

Tax and Financial Information

Tax Annual Amount: 500 Tax Year: 2026 Homestead Y/N: No Additional Exemptions Y/N: No Flood Insurance Required?: No Leasehold Y/N: Yes Leasehold Fee: 1300 Association: Yes Association Fee: 1512 Association Fee Frequency: Annually Covenants Y/N: Yes Legal Description: Lot 440, Lost Rabbit Phase 4B

Parking Features

Parking Total: 2.5

Showing Requirements

Showing: Show Any Time

Property Features

Structure Type: House Levels: One Covenants And Restrictions: Architectural Review; Homeowner Association; Restrictive Covenants Association Fee Includes: Other Fireplace Features: Gas Log Appliances: Cooktop; Disposal Cooling: Central Air Heating: Central Utilities: Fiber to the House Sewer: Public Sewer Water Source: Public Foundation Details: Slab Listing Terms: Bank Loan; Cash; Conventional; FHA; VA Loan Roof: Asphalt Exterior Features: Gas and Propane hookup Parking Features: Garage Home Warranty: One Year Builder

Listing Office: Taylor Realty Group, LLC

Listing Agent: Donna Taylor

Last Updated: April - 20 - 2026