135 Water Street, Madison, MS 39110

$577,320
Property Type: Residential Bedrooms: 3 Square Footage: 2,264 Lot Size (sq. ft.): 4,356 Status: Closed
Current Price: $577,320 List Date: 4/10/2026 Last Modified: 6/05/2026

Overview

Description

This one-level new construction home features 3 bedrooms and 2.5 bathrooms in the heart of Lost Rabbit. The open floor plan is highlighted by a large living room with vaulted ceilings and a seamless transition to a spacious side patio. The home includes a 2.5-car garage, offering extra space for a golf cart or storage. Located in a prime spot, you are within easy walking distance to the marina, town center, and neighborhood amenities. Enjoy luxury and convenience in a functional, single-story layout.

Listing Details MLS# 4138185

General Property Information

Property Sub Type
Single Family Residence
New Construction
Yes
Property Condition
Under Construction
Approx Lot Size Acres
0.1
Approx H/C SqFt
2264
SqFt Source
Plans
List Price/SqFt
255
Year Built Known
Yes
Year Built
2026
Year Built Source
Builder
Garage Spaces
2.5
Total Floors
Yes
Bedrooms Total
3
Bathrooms Full
2
Bathrooms Half
Yes
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 Three Quarter
0

Property Features

Structure Type: House Levels: One Covenants And Restrictions: Architectural Review; Homeowner Association; Restrictive Covenants Association Fee Includes: Other Fireplace Features: Gas Log Appliances: Cooktop; 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; VA Loan Roof: Asphalt Exterior Features: Gas and Propane hookup Parking Features: Garage Home Warranty: One Year Builder

Address and Location Information

Street Number
135
Street Name
Water
Street Suffix
Street
County
Madison
State
MS
Zip Code
39110
Parcel Number
Unassigned
Subdivision
Lost Rabbit
Directions to Property
Hoy Rd into Lost Rabbit, first left onto Water St
Community Of
N/A

Listing Information

Projected Completion Date
2026-04-10
Listing Service
Full Service
Estimated Completion Date
2026-03-31

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
1300
Association
Yes
Association Fee
1512
Association Fee Frequency
Annually
Covenants Y/N
Yes
Legal Description
Lot 440, Lost Rabbit Phase 4B

Status Change Info

Contract Date/Pending Date
2026-05-05
Closing Date
2026-06-05
Appraised SqFt
2277
Sold Price/SqFt
255

More Information

Parking Features

Parking Total
2.5
Garage
Yes

Showing Requirements

Showing
Show Any Time

Remarks & Miscellaneous

Public Remarks
This one-level new construction home features 3 bedrooms and 2.5 bathrooms in the heart of Lost Rabbit. The open floor plan is highlighted by a large living room with vaulted ceilings and a seamless transition to a spacious side patio. The home includes a 2.5-car garage, offering extra space for a golf cart or storage. Located in a prime spot, you are within easy walking distance to the marina, town center, and neighborhood amenities. Enjoy luxury and convenience in a functional, single-story layout.

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

Bank Loan
Yes
Cash
Yes
Conventional
Yes
FHA
Yes
VA Loan
Yes

Association Fee Includes

Other
Yes

Utilities

Fiber to the House
Yes

Fireplace Features

Gas Log
Yes

Appliances

Cooktop
Yes
Disposal
Yes

Cooling

Central Air
Yes

Heating

Central
Yes

Foundation Details

Slab
Yes

Exterior Construction/Siding

Brick
Yes

Roof

Asphalt
Yes

Exterior Features

Gas and Propane hookup
Yes

Home Warranty

One Year Builder
Yes
Listing Office: Taylor Realty Group, LLC
Listing Agent: Donna Taylor
Source MLS Verified
Last Updated: June - 05 - 2026
Information is deemed to be reliable but not guaranteed. Copyright 2022 MLS United, LLC.