109 Water Street, Madison, MS 39110

New Listing
$549,000
Property Type: Residential Bedrooms: 3 Square Footage: 2,115 Lot Size (sq. ft.): 6,534 Status: Active
Current Price: $549,000 List Date: 8/29/2026 Last Modified: 8/29/2026

Overview

Description

Welcome home to easy, low-maintenance living in the highly sought-after Lost Rabbit community! This stunning three-bedroom, two-bathroom home perfectly combines coastal-inspired neighborhood charm with a smart, functional layout designed for today's lifestyle. As you pull up, you are immediately greeted by an expansive front porch that sets the stage for relaxed southern living—the ideal spot to start your day with a quiet morning coffee or unwind in the evening while taking in the neighborhood scenery. Step inside to an inviting open-concept floor plan where natural light fills the main living areas. The heart of the home features a chef-inspired kitchen complete with a massive center island, offering abundant prep space, casual seating, and seamless sightlines into the family room for effortless entertaining. Just off the primary living zone, a versatile bonus area serves as the perfect playroom, quiet sitting nook, or dedicated home office, giving you the flexibility to customize ...

Listing Details MLS# 4160865

General Property Information

Property Sub Type
Single Family Residence
New Construction
No
Property Condition
Move In Ready
Approx Lot Size Acres
0.15
Approx H/C SqFt
2115
SqFt Source
Builder
List Price/SqFt
259.57
Year Built Known
Yes
Year Built
2024
Year Built Source
Public Records
Garage Spaces
2
Total Floors
Yes
Bedrooms Total
3
Bathrooms Full
2
Fireplace
Yes
Fireplaces Total
Yes
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
Home Warranty
No
Accessibility Features
No
Carport Spaces
0
Bathrooms Half
0
Bathrooms Three Quarter
0

Property Features

Structure Type: House Levels: One Covenants And Restrictions: Architectural Review; Homeowner Association; Restrictive Covenants Association Fee Includes: Accounting/Legal; Maintenance Grounds; Pool Service Fireplace Features: Gas Appliances: Built-In Range; Dishwasher; Microwave; Tankless Water Heater Laundry Features: Laundry Room Cooling: Central Air Heating: Central Utilities: Natural Gas Available; Sewer Available; Water Available Sewer: Public Sewer Water Source: Public Foundation Details: Slab Listing Terms: Cash; Conventional; VA Loan Roof: Architectural Shingles Patio And Porch Features: Front Porch; Patio - Covered; Side Porch Exterior Features: None Fencing: Wrought Iron Parking Features: Attached; Garage Community Features: Boating; Lake; Marina; Pool; Sidewalks Disclosures: None

Address and Location Information

Street Number
109
Street Name
Water
Street Suffix
Street
County
Madison
State
MS
Zip Code
39110
Parcel Number
072a-12c-002/13.00
Subdivision
Lost Rabbit
Community Of
N/A

Listing Information

Listing Service
Full Service

Tax and Financial Information

Tax Annual Amount
3237
Tax Year
2026
Homestead Y/N
Yes
Homestead Year
2025
Additional Exemptions Y/N
No
Flood Insurance Required?
No
Leasehold Y/N
Yes
Leasehold Fee
1000
Association
Yes
Association Fee
1512
Association Fee Frequency
Annually
Covenants Y/N
Yes
Legal Description
LOT 425 LOST RABBIT PHASE IV A

Showing Requirements

Showing
Appointment Required
Lockbox Location
Front Door

More Information

Remarks & Miscellaneous

Public Remarks
Welcome home to easy, low-maintenance living in the highly sought-after Lost Rabbit community! This stunning three-bedroom, two-bathroom home perfectly combines coastal-inspired neighborhood charm with a smart, functional layout designed for today's lifestyle. As you pull up, you are immediately greeted by an expansive front porch that sets the stage for relaxed southern living—the ideal spot to start your day with a quiet morning coffee or unwind in the evening while taking in the neighborhood scenery. Step inside to an inviting open-concept floor plan where natural light fills the main living areas. The heart of the home features a chef-inspired kitchen complete with a massive center island, offering abundant prep space, casual seating, and seamless sightlines into the family room for effortless entertaining. Just off the primary living zone, a versatile bonus area serves as the perfect playroom, quiet sitting nook, or dedicated home office, giving you the flexibility to customize the space to your exact needs. The manageable, low-maintenance yard means you can cross tedious weekend yard work off your to-do list and spend your free time enjoying everything that Lost Rabbit offers including the Reservoir, pool, spa, restaurant, and general store. This home offers the ideal mix of convenience, style, and easy living. Schedule your private tour today to experience it for yourself!

Structure Type

House
Yes

Covenants And Restrictions

Architectural Review
Yes
Homeowner Association
Yes
Restrictive Covenants
Yes

Levels

One
Yes

Sewer

Public Sewer
Yes

Water Source

Public
Yes

Listing Terms

Cash
Yes
Conventional
Yes
VA Loan
Yes

Association Fee Includes

Accounting/Legal
Yes
Maintenance Grounds
Yes
Pool Service
Yes

Utilities

Natural Gas Available
Yes
Sewer Available
Yes
Water Available
Yes

Fireplace Features

Gas
Yes

Appliances

Built-In Range
Yes
Dishwasher
Yes
Microwave
Yes
Tankless Water Heater
Yes

Laundry Features

Laundry Room
Yes

Cooling

Central Air
Yes

Heating

Central
Yes

Foundation Details

Slab
Yes

Exterior Construction/Siding

Brick
Yes

Roof

Architectural Shingles
Yes

Exterior Features

None
Yes

Patio And Porch Features

Front Porch
Yes
Patio - Covered
Yes
Side Porch
Yes

Fencing

Wrought Iron
Yes

Parking Features

Attached
Yes
Garage
Yes

Community Features

Boating
Yes
Lake
Yes
Marina
Yes
Pool
Yes
Sidewalks
Yes

Disclosures

None
Yes
Listing Office: The Compass Group
Listing Agent: Pamela McGehee
Source MLS Verified
Last Updated: August - 29 - 2026
Information is deemed to be reliable but not guaranteed. Copyright 2026 MLS United, LLC.