136 Water Street, Madison, MS 39110 (MLS# 4137554)

136 Water Street, Madison, MS 39110

$640,000

Property Type: Residential Bedrooms: 4 Square Footage: 2,511 Lot Size (sq. ft.): 6,534 Status: Active

Current Price: $640,000 List Date: 2/28/2026 Last Modified: 4/12/2026

Description

Perfectly planned 4 bed, 3 bath home located in Madison's highly sought after Lost Rabbit subdivision. This charming new construction home is located on a corner lot and has an added bonus of a nice sized outdoor patio/outdoor area. With 2 bedrooms and 2 full bathrooms downstairs along with 2 bedrooms and a full bath up this plan fits the needs of just about everybody. Topped off with an ample-sized family room which opens into the dining/kitchen area, a formal pantry and a nice sized utility room. This section of Lost Rabbit is just steps from the neighborhood Town Center which is host to the neighborhood pub, The Rabbit Hole, The General Store, a spa, a marina, the pool/pavilion and so much more planned for the future. Schedule your personal tour today to find out about all of the amazing finishes planned that will make this one your dream home.

More Information MLS# 4137554

Address and Location Information

Street Number: 136 Street Name: Water Street Suffix: Street County: Madison State: MS Zip Code: 39110 Parcel Number: Unassigned Subdivision: Lost Rabbit Directions to Property: Hoy to Lost Rabbit, Left on Water, second right on Water, house is on the left. Community Of: N/A

Listing Information

Status: Active List Date: 2026-01-28 Projected Completion Date: 2026-02-28 List Price: $640,000 Current Price: $640,000 Listing Service: Full Service

General Property Information

Property Sub Type: Single Family Residence New Construction: Yes Property Condition: New Construction Approx Lot Size Acres: 0.15 Approx H/C SqFt: 2511 SqFt Source: Appraiser List Price/SqFt: 254.88 Year Built: 2026 Year Built Source: Builder Garage Spaces: 2 Total Floors: 2 Bedrooms Total: 4 Bathrooms Full: 3 Fireplace: Yes Fireplaces Total: 1 Pool: No School District: Madison CO Dist Elementary School: Madison Avenue Elementary School 2: N/A Intermediate School: N/A Middle or Junior School: Madison High School: Madison Central Home Warranty: No Accessibility Features: No

Tax and Financial Information

Tax Annual Amount: 800 Tax Year: 2026 Homestead Y/N: No Additional Exemptions Y/N: No Flood Insurance Required?: No Leasehold Y/N: Yes Association: Yes Covenants Y/N: Yes Legal Description: LOT 459 LOST RABBIT PH IV A

Showing Requirements

Showing: Appointment Required

Attic Features

Attic: Yes

Property Features

Structure Type: House Architectural Style: Traditional Lot Features: Corner Lot Levels: Two Covenants And Restrictions: Architectural Review; Homeowner Association; Restrictive Covenants Association Fee Includes: Pool Service Interior Features: Built-in Features; Ceiling Fan(s); Kitchen Island; Pantry; Primary Downstairs; See Remarks Kitchen Features: Kitchen Island; Walk-in Pantry Bathroom Features: Separate Tub & Shower Fireplace Features: Gas Appliances: Dishwasher; Disposal; Gas Range; Range; Tankless Water Heater Walls - Interior: Sheetrock Flooring: Tile; Wood Laundry Features: Main Level Cooling: Ceiling Fan(s); Central Air Heating: Central; Fireplace(s) Utilities: Electricity Connected; Natural Gas Connected; Sewer Connected; Water Connected Sewer: Public Sewer Water Source: Public Foundation Details: Slab Listing Terms: Bank Loan; Cash; Conventional; FHA; VA Loan Roof: Architectural Shingles Patio And Porch Features: Patio - Covered Exterior Features: See Remarks Driveway Features: Rear Entrance Parking Features: Garage Door Opener; Garage Faces Rear Community Features: See Remarks Water Heater: Tankless Disclosures: None

Listing Office: The Compass Group

Listing Agent: Christi Chandler

Last Updated: April - 12 - 2026