137 Water Street, Madison, MS 39110 (MLS# 4128226)

137 Water Street, Madison, MS 39110

$539,000

Property Type: Residential Bedrooms: 3 Square Footage: 2,079 Lot Size (sq. ft.): 6,534 Status: Closed

Current Price: $539,000 List Date: 2/20/2026 Last Modified: 4/06/2026

Description

Absolutely Charming new construction home is located in Lost Rabbit Subdivision. Three bed, 2.5 bath and oozing with curb appeal thanks to the expansive front porch. Upon entering the home you are greeted with an open concept kitchen/den area that has all of the greatest finishes and colors along with top of the line appliances. This area is completed with a cozy fireplace as well as a formal pantry. Just down the hallway on the left is the primary bedroom. It has a large walk in closet, a bathroom that will allow you to soak your cares away in the freestanding bathtub or if you prefer a shower, there is a lovely walk in shower. Two additional bedrooms and a full bathroom with separate sinks are located on the left-hand side of the home. Also to be noted, a nice sized laundry room as well as a half bath to service guests and an amazing side patio that opens to your personal yard. We should note that this home has 2.5 garage stalls which is perfect for those that need additional storage space or a spot to store your golf cart. Lost Rabbit is full of amenities to include a neighborhood pub, spa, marina, general store, pool, park and fishing galore with more development on the horizon.

More Information MLS# 4128226

Address and Location Information

Street Number: 137 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. Take the first left in the subdivision on Water Street. Take the second road on the right, House will be on your right - Park in the back until steps are in place with railings. Community Of: N/A

Listing Information

Status: Closed List Date: 2025-10-09 Projected Completion Date: 2026-02-20 List Price: $539,000 Current Price: $539,000 Listing Service: Full Service Never Occupied: Yes

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: 2079 SqFt Source: Appraiser List Price/SqFt: 259.26 Year Built: 2025 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: 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: 2025 Homestead Y/N: No Additional Exemptions Y/N: No Flood Insurance Required?: No Leasehold Y/N: Yes Leasehold Fee: 1300 16th Section: No Sold In Previous 12 Months: No Association: Yes Association Fee: 1512 Association Fee Frequency: Annually Covenants Y/N: Yes Legal Description: Lot 441 Lost Rabbit Ph IV A

Status Change Info

Contract Date/Pending Date: 2026-03-08 Closing Date: 2026-04-06 Appraised SqFt: 2114 Sold Price/SqFt: 259.26

Showing Requirements

Showing: Appointment Required

Property Features

Structure Type: House Architectural Style: Traditional Levels: One Covenants And Restrictions: Homeowner Association; Restrictive Covenants Association Fee Includes: Management Interior Features: Ceiling Fan(s); Double Vanity; Kitchen Island; Open Floorplan; Pantry; Soaking Tub; Walk-In Closet(s) Special Purpose Rooms: Family Room/Dining Combo; Guest Room; Kitchen/Dining Combo Kitchen Features: Kitchen Island; Quartz Counters Bathroom Features: Double Vanity; Fireplace; Free Standing Tub; Two Walk-In Closets; Walk-In Shower Fireplace Features: Gas Appliances: Built-In Range; Dishwasher; Microwave; Tankless Water Heater Walls - Interior: Sheetrock Flooring: Tile; Wood 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; USDA Loan; VA Loan Roof: Architectural Shingles Patio And Porch Features: Front Porch; Side Porch Exterior Features: See Remarks Driveway Features: Rear Entrance Parking Features: Garage; Garage Door Opener; Garage Faces Rear Community Features: Boating; Fishing; Marina; Park; Playground; Pool; Sidewalks; Spa; Street Lights; See Remarks Water Heater: Natural Gas; Tankless

Listing Office: The Compass Group

Listing Agent: Christi Chandler

Last Updated: April - 06 - 2026