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.

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