136 Water Street, Madison, MS 39110

$640,000
Property Type: Residential Bedrooms: 4 Square Footage: 2,511 Lot Size (sq. ft.): 6,534 Status: Active
Current Price: $640,000 List Date: 2/28/2026 Last Modified: 3/09/2026

Description

Perfectly planned 4 bed, 3 bath home located in Madison's highly sought after Lost Rabbit subdivision. This charming new construction home is located on a corner lot and has an added bonus of a nice sized outdoor patio/outdoor area. With 2 bedrooms and 2 full bathrooms downstairs along with 2 bedrooms and a full bath up this plan fits the needs of just about everybody. Topped off with an ample-sized family room which opens into the dining/kitchen area, a formal pantry and a nice sized utility room. This section of Lost Rabbit is just steps from the neighborhood Town Center which is host to the neighborhood pub, The Rabbit Hole, The General Store, a spa, a marina, the pool/pavilion and so much more planned for the future. Schedule your personal tour today to find out about all of the amazing finishes planned that will make this one your dream home.

More Information MLS# 4137554

Address and Location Information

Parcel Number: Unassigned Directions to Property: Hoy to Lost Rabbit, Left on Water, second right on Water, house is on the left. Community Of: N/A Street Number: 136 Street Name: Water Street Suffix: Street County: Madison State: MS Zip Code: 39110 Subdivision: Lost Rabbit

Listing Information

Projected Completion Date: 2026-02-28 Listing Service: Full Service Status: Active List Date: 2026-01-28 List Price: $640,000 Current Price: $640,000

General Property Information

New Construction: Yes Property Condition: New Construction Approx Lot Size Acres: 0.15 SqFt Source: Appraiser List Price/SqFt: 254.88 Year Built Source: Builder Garage Spaces: 2 Carport Spaces: 0 Total Floors: 2 Bathrooms Half: 0 Bathrooms Three Quarter: 0 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 Property Sub Type: Single Family Residence Approx H/C SqFt: 2511 Year Built: 2026 Bedrooms Total: 4 Bathrooms Full: 3

Tax and Financial Information

Tax Annual Amount: 800 Tax Year: 2026 Homestead Y/N: No Additional Exemptions Y/N: No Flood Insurance Required?: No Leasehold Y/N: Yes Association: Yes Covenants Y/N: Yes Legal Description: LOT 459 LOST RABBIT PH IV A

Remarks & Miscellaneous

Public Remarks: Perfectly planned 4 bed, 3 bath home located in Madison's highly sought after Lost Rabbit subdivision. This charming new construction home is located on a corner lot and has an added bonus of a nice sized outdoor patio/outdoor area. With 2 bedrooms and 2 full bathrooms downstairs along with 2 bedrooms and a full bath up this plan fits the needs of just about everybody. Topped off with an ample-sized family room which opens into the dining/kitchen area, a formal pantry and a nice sized utility room. This section of Lost Rabbit is just steps from the neighborhood Town Center which is host to the neighborhood pub, The Rabbit Hole, The General Store, a spa, a marina, the pool/pavilion and so much more planned for the future. Schedule your personal tour today to find out about all of the amazing finishes planned that will make this one your dream home.

Structure Type

House: 1

Architectural Style

Traditional: 1

Lot Features

Corner Lot: 1

Covenants And Restrictions

Architectural Review: 1 Homeowner Association: 1 Restrictive Covenants: 1

Levels

Two: 1

Sewer

Public Sewer: 1

Water Source

Public: 1

Listing Terms

Bank Loan: 1 Cash: 1 Conventional: 1 FHA: 1 VA Loan: 1

Association Fee Includes

Pool Service: 1

Showing Requirements

Showing: Appointment Required

Interior Features

Built-in Features: 1 Ceiling Fan(s): 1 Kitchen Island: 1 Pantry: 1 Primary Downstairs: 1 See Remarks: 1

Utilities

Electricity Connected: 1 Natural Gas Connected: 1 Sewer Connected: 1 Water Connected: 1

Kitchen Features

Kitchen Island: 1 Walk-in Pantry: 1

Bathroom Features

Separate Tub & Shower: 1

Fireplace Features

Gas: 1

Appliances

Dishwasher: 1 Disposal: 1 Gas Range: 1 Range: 1 Tankless Water Heater: 1

Walls - Interior

Sheetrock: 1

Flooring

Tile: 1 Wood: 1

Laundry Features

Main Level: 1

Cooling

Ceiling Fan(s): 1 Central Air: 1

Heating

Central: 1 Fireplace(s): 1

Foundation Details

Slab: 1

Exterior Construction/Siding

Brick: 1

Roof

Architectural Shingles: 1

Exterior Features

See Remarks: 1

Patio And Porch Features

Patio - Covered: 1

Driveway Features

Rear Entrance: 1

Parking Features

Garage Door Opener: 1 Garage Faces Rear: 1

Community Features

See Remarks: 1

Attic Features

Attic: Yes

Water Heater

Tankless: 1

Disclosures

None: 1

Property Features

Structure Type: House Architectural Style: Traditional Lot Features: Corner Lot Levels: Two Covenants And Restrictions: Architectural Review; Homeowner Association; Restrictive Covenants Association Fee Includes: Pool Service Interior Features: Built-in Features; Ceiling Fan(s); Kitchen Island; Pantry; Primary Downstairs; See Remarks Kitchen Features: Kitchen Island; Walk-in Pantry Bathroom Features: Separate Tub & Shower Fireplace Features: Gas Appliances: Dishwasher; Disposal; Gas Range; Range; Tankless Water Heater Walls - Interior: Sheetrock Flooring: Tile; Wood Laundry Features: Main Level Cooling: Ceiling Fan(s); Central Air Heating: Central; Fireplace(s) Utilities: Electricity Connected; Natural Gas Connected; Sewer Connected; Water Connected Sewer: Public Sewer Water Source: Public Foundation Details: Slab Listing Terms: Bank Loan; Cash; Conventional; FHA; VA Loan Roof: Architectural Shingles Patio And Porch Features: Patio - Covered Exterior Features: See Remarks Driveway Features: Rear Entrance Parking Features: Garage Door Opener; Garage Faces Rear Community Features: See Remarks Water Heater: Tankless Disclosures: None
Listing Office: The Compass Group
Listing Agent: Christi S Chandler
Last Updated: March - 09 - 2026
Information is deemed to be reliable but not guaranteed. Copyright 2022 MLS United, LLC.