121 Water Street, Madison, MS 39110

$869,900
Property Type: Residential Bedrooms: 4 Square Footage: 3,508 Lot Size (sq. ft.): 10,890 Status: Active
Current Price: $869,900 List Date: 6/15/2026 Last Modified: 6/18/2026

Overview

Description

This 2 year old home in sought after Lost Rabbit is 4 Bedrooms and 4.5 baths within very easy walking distance of the new covered marina, Velveteen event space, The Rabbit Hole craft cocktail bar, and General Store - it features quartz counters throughout with a full-height backsplash behind the 48" Thermador Rangetop - The rest of the Kitchen appliance package is also Thermador, including a double wall oven and microwave drawer - The wet bar is right off the kitchen and flows into a nice pantry/coffee bar. This home has 11 foot ceilings in the living/kitchen/dining/foyer. The Master bath has his-and-hers vanities, a separate sit-down makeup area, and a large walk-in shower - His and her's closets flow into the laundry room. Outdoor living is such a must these days - There's an upstairs Balcony with views of the marina, a Huge screened side porch with Louvers down one entire side to give extra privacy - There's also a smaller porch with sink and built-in gas grill off the kitchen. ...

Listing Details MLS# 4152887

General Property Information

Property Sub Type
Single Family Residence
New Construction
No
Approx Lot Size Acres
0.25
Approx H/C SqFt
3508
SqFt Source
Owner
List Price/SqFt
247.98
Year Built Known
Yes
Year Built
2024
Year Built Source
Public Records
Garage Spaces
3
Total Floors
2
Bedrooms Total
4
Bathrooms Full
4
Bathrooms Half
Yes
Fireplace
Yes
Fireplaces Total
Yes
Pool
No
School District
Madison CO Dist
Elementary School
Madison Station
Elementary School 2
N/A
Intermediate School
N/A
Middle or Junior School
Madison
High School
Madison Central
Home Warranty
No
Accessibility Features
No

Property Features

Structure Type: House Architectural Style: Traditional Levels: Two Covenants And Restrictions: Homeowner Association; Restrictive Covenants Association Fee Includes: Accounting/Legal; Pool Service Interior Features: Double Vanity; High Ceilings; Kitchen Island; Pantry; Walk-In Closet(s); Wet Bar Kitchen Features: Kitchen Island; Quartz Counters; Walk-in Pantry Bathroom Features: Double Vanity; Separate Tub & Shower; Walk-In Shower Fireplace Features: Gas; Gas Log; Gas Starter; Living Room Appliances: Built-In Gas Range; Disposal; Double Oven; Microwave; Tankless Water Heater Laundry Features: Laundry Room Cooling: Ceiling Fan(s); Central Air Heating: Central; Fireplace(s); Natural Gas Utilities: Cable Available; Electricity Connected; Natural Gas Connected; Phone Available; Sewer Connected; Water Connected Sewer: Public Sewer Water Source: Public Foundation Details: Post-Tension Listing Terms: Cash; Conventional Roof: Architectural Shingles Patio And Porch Features: Front Porch; Screened; Side Porch Exterior Features: Balcony; Built-in Barbecue; Lighting; Other Parking Features: Garage; Garage Door Opener Community Features: Marina; Playground; Pool; Sidewalks; Street Lights Showing Requirements: Use ShowingTime Service Water Heater: Natural Gas; Tankless Disclosures: Agent Owned

Address and Location Information

Street Number
121
Street Name
Water
Street Suffix
Street
County
Madison
State
MS
Zip Code
39110
Parcel Number
072a-11d-003/17.00
PPIN
62205
Subdivision
Lost Rabbit
Directions to Property
Hoy Road into Lost Rabbit. Take first left then first right on Water St. House down on the right
Community Of
N/A

Listing Information

Listing Service
Full Service

Tax and Financial Information

Tax Annual Amount
4690.54
Tax Year
2025
Homestead Y/N
Yes
Homestead Year
2025
Additional Exemptions Y/N
No
Flood Insurance Required?
No
Leasehold Y/N
Yes
16th Section
No
Association
Yes
Covenants Y/N
Yes
Legal Description
Lot 419 LOST RABBIT PHASE IV A

Waterfront Features

Waterfront
No

More Information

Showing Requirements

Showing
Appointment Required
Lockbox Location
Front Door

Basement Features

Basement
No
Listing Office: Nix-Tann & Associates, Inc.
Listing Agent: Elizabeth R Smith
Source MLS Verified
Last Updated: June - 18 - 2026
Information is deemed to be reliable but not guaranteed. Copyright 2026 MLS United, LLC.