132 Water Street, Madison, MS 39110

$599,250
Property Type: Residential Bedrooms: 4 Square Footage: 2,350 Lot Size (sq. ft.): 4,356 Status: Active
Current Price: $599,250 List Date: 4/03/2026 Last Modified: 5/06/2026

Overview

Description

Welcome to 132 Water St, where sophisticated design meets the effortless lifestyle of The Town of Lost Rabbit. This thoughtfully designed floor plan prioritizes convenience, featuring the primary suite plus a full second bedroom and bath on the main level, a rare find that offers incredible flexibility for guests or a home office. The heart of the home is the chef-inspired kitchen, anchored by a massive center island and a walk-in pantry. Upstairs, two additional bedrooms and a full bath provide ample space for family or visitors. Retreat to the screened-in patio to enjoy peaceful views of your low-maintenance yard, designed for those who prefer sunsets over yard work. Step outside and you are within an easy stroll of the Marina, the neighborhood pool, and the local favorite, The Rabbit Hole. With the new Fitness Center coming soon, this is your chance to secure the ultimate walkable lifestyle on the Reservoir.

Open Houses

  • Saturday, May 9, 1:00 pm - 5:00 pm
  • Sunday, May 10, 1:00 pm - 5:00 pm

Listing Details MLS# 4144727

General Property Information

Property Sub Type
Single Family Residence
New Construction
Yes
Property Condition
New Construction
Approx Lot Size Acres
0.1
Approx H/C SqFt
2350
SqFt Source
Builder
List Price/SqFt
255
Year Built
2026
Year Built Source
Builder
Garage Spaces
2
Total Floors
2
Bedrooms Total
4
Bathrooms Full
3
Fireplace
Yes
Fireplaces Total
Yes
Pool
No
School District
Madison CO Dist
Elementary School
Madison Avenue
Elementary School 2
Madison Avenue
Intermediate School
N/A
Middle or Junior School
Madison
High School
Madison Central
Home Warranty
Yes
Accessibility Features
No
Carport Spaces
0
Bathrooms Half
0
Bathrooms Three Quarter
0

Property Features

Structure Type: House Levels: Two Covenants And Restrictions: Architectural Review; Homeowner Association; Restrictive Covenants Association Fee Includes: Other Fireplace Features: Gas Log Appliances: Built-In Gas Range; Dishwasher; Disposal Cooling: Central Air Heating: Central Utilities: Fiber to the House Sewer: Public Sewer Water Source: Public Foundation Details: Slab Listing Terms: Bank Loan; Cash; Conventional; FHA Roof: Architectural Shingles Exterior Features: Other Parking Features: Garage Home Warranty: One Year Builder

Address and Location Information

Street Number
132
Street Name
Water
Street Suffix
Street
County
Madison
State
MS
Zip Code
39110
Parcel Number
072a-11d-003/01.25
Subdivision
Lost Rabbit
Directions to Property
Hoy Rd into Lost Rabbit, first Left, then right onto water st
Community Of
N/A

Listing Information

Listing Service
Full Service

Tax and Financial Information

Tax Annual Amount
500
Tax Year
2026
Homestead Y/N
No
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 461, Lost Rabbit Ph IVB

Parking Features

Parking Total
2
Garage
Yes

More Information

Showing Requirements

Showing
Appointment Required

Remarks & Miscellaneous

Public Remarks
Welcome to 132 Water St, where sophisticated design meets the effortless lifestyle of The Town of Lost Rabbit. This thoughtfully designed floor plan prioritizes convenience, featuring the primary suite plus a full second bedroom and bath on the main level, a rare find that offers incredible flexibility for guests or a home office. The heart of the home is the chef-inspired kitchen, anchored by a massive center island and a walk-in pantry. Upstairs, two additional bedrooms and a full bath provide ample space for family or visitors. Retreat to the screened-in patio to enjoy peaceful views of your low-maintenance yard, designed for those who prefer sunsets over yard work. Step outside and you are within an easy stroll of the Marina, the neighborhood pool, and the local favorite, The Rabbit Hole. With the new Fitness Center coming soon, this is your chance to secure the ultimate walkable lifestyle on the Reservoir.

Structure Type

House
Yes

Covenants And Restrictions

Architectural Review
Yes
Homeowner Association
Yes
Restrictive Covenants
Yes

Levels

Two
Yes

Sewer

Public Sewer
Yes

Water Source

Public
Yes

Listing Terms

Bank Loan
Yes
Cash
Yes
Conventional
Yes
FHA
Yes

Association Fee Includes

Other
Yes

Utilities

Fiber to the House
Yes

Fireplace Features

Gas Log
Yes

Appliances

Built-In Gas Range
Yes
Dishwasher
Yes
Disposal
Yes

Cooling

Central Air
Yes

Heating

Central
Yes

Foundation Details

Slab
Yes

Exterior Construction/Siding

HardiPlank Type
Yes

Roof

Architectural Shingles
Yes

Exterior Features

Other
Yes

Home Warranty

One Year Builder
Yes
Listing Office: Taylor Realty Group, LLC
Listing Agent: Donna Taylor
Last Updated: May - 06 - 2026
Information is deemed to be reliable but not guaranteed. Copyright 2022 MLS United, LLC.