481 Cheyenne Lane, Madison, MS 39110 (MLS# 4145246)

481 Cheyenne Lane, Madison, MS 39110

$589,000
Property Type: Residential Bedrooms: 5 Square Footage: 3,749 Lot Size (sq. ft.): 52,272 Status: Active
Current Price: $589,000 List Date: 4/08/2026 Last Modified: 6/17/2026

Description

Welcome to a rare waterfront opportunity in Natchez Trace Village-set on a 1.2-acre lot with an extraordinary 330 feet of private lake frontage. From the moment you step through the door, the home opens into a stunning 600 square foot great room with vaulted tongue-and-groove wood ceilings, floor-to-ceiling brick fireplace, and expansive windows framing sweeping lake views. Natural light and water views anchor the main living space, creating an immediate sense of openness and calm. Designed for both everyday living and unforgettable entertaining, the outdoor space is truly exceptional. A sprawling 900 square foot elevated patio offers panoramic lake views complemented by a covered porch, tiered fountain, mature trees, and established landscaping-providing both beauty and privacy in a one-of-a-kind setting. The flexible floor plan includes five bedrooms, three fully renovated baths with tile finishes, and separate office/library spaces with custom built-ins. A split layout offers potential for a private guest or mother-in-law suite. Recent updates include new LVP flooring throughout, fresh interior and exterior pain, updated fixtures, and new appliances, blending modern touches with timeless character such as solid pine doors and detailed woodwork. Additional features include a circular drive with ample parking and thoughtfully designed outdoor spaces that maximize the home's elevated position above the lake. The home has been professionally evaluated and stabilized by a reputable local firm, with documentation available, offering added peace of mind. This is a unique opportunity to own a property that combines scale, character, and exceptional waterfront living in one of Madison's most established neighborhoods.

More Information MLS# 4145246

Address and Location Information

Street Number: 481 Street Name: Cheyenne Street Suffix: Lane County: Madison State: MS Zip Code: 39110 Parcel Number: 072e-22a-024-00-00 PPIN: 14909 Subdivision: Natchez Trace Village Community Of: N/A

Listing Information

Status: Active List Date: 2026-04-08 List Price: $589,000 Current Price: $589,000 Listing Service: Full Service

General Property Information

Property Sub Type: Single Family Residence New Construction: No Approx Lot Size Acres: 1.2 Approx H/C SqFt: 3749 SqFt Source: Appraiser List Price/SqFt: 157.11 Year Built Known: Yes Year Built: 1970 Year Built Source: Public Records Garage Spaces: 2 Total Floors: 1 Bedrooms Total: 5 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: 2446 Tax Year: 2025 Homestead Y/N: Yes Additional Exemptions Y/N: No Flood Insurance Required?: No Leasehold Y/N: No Sold In Previous 12 Months: No Association: Yes Association Fee: 50 Association Fee Frequency: Annually Covenants Y/N: Yes Legal Description: LOT 175 NATCHEZ TRACE VILLAGE

Workshop Features

Workshop: No

Waterfront Features

Waterfront: Yes Waterfront: 1

Barn Features

Barn: No

Horse Amenities

Horse Amenities: No

Showing Requirements

Showing: Appointment Required Lockbox Location: Front Door

Basement Features

Basement: No

Property Features

Structure Type: House Architectural Style: Traditional Lot Features: City Lot; Landscaped; Views Levels: One Covenants And Restrictions: Homeowner Association Association Fee Includes: Other Interior Features: Beamed Ceilings; Cathedral Ceiling(s); Ceiling Fan(s); Crown Molding; Double Vanity; Eat-in Kitchen; Entrance Foyer; High Speed Internet; In-Law Floorplan; Open Floorplan; Pantry; Primary Downstairs; Recessed Lighting; Split Plan; Storage; Track Lighting; Vaulted Ceiling(s); Walk-In Closet(s) Special Purpose Rooms: Breakfast Area; Craft Room; Formal Dining Room; Recreation/Play Room; Storage Kitchen Features: Breakfast Bar Bathroom Features: Double Vanity; Walk-In Shower Fireplace Features: Gas Starter; Hearth; Wood Burning Appliances: Cooktop; Dishwasher; Electric Cooktop; Electric Oven; Exhaust Fan; Gas Water Heater; Oven; Water Heater Walls - Interior: Sheetrock Flooring: Carpet; Luxury Vinyl Window Features: Aluminum Frames; Blinds; Double Pane Windows; Vinyl; Vinyl Clad Door Features: Dead Bolt Lock(s); Double Entry Laundry Features: Laundry Room Security Features: Smoke Detector(s) Cooling: Ceiling Fan(s); Central Air Heating: Central Utilities: Electricity Connected; Natural Gas Connected; Water Connected Sewer: Public Sewer; Other Water Source: Public Foundation Details: Slab Listing Terms: Cash; Conventional; VA Loan Roof: Architectural Shingles Patio And Porch Features: Patio; Patio - Covered; Porch; Stone/Tile Exterior Features: Rain Gutters; Other; See Remarks Fencing: None Parking Features: Attached; Carport Community Features: Fishing; Lake Waterfront Features: Lake; Lake Front; View; Other Water Heater: Natural Gas Disclosures: None

Documents

Listing Office: Keller Williams
Listing Agent: Bethany Culley
Last Updated: June - 17 - 2026
Information is deemed to be reliable but not guaranteed. Copyright 2022 MLS United, LLC.