136 Water Street, Madison, MS 39110

$639,500
Property Type: Residential Bedrooms: 4 Square Footage: 2,511 Lot Size (sq. ft.): 6,534 Status: Active
Current Price: $639,500 List Date: 2/28/2026 Last Modified: 5/05/2026

Overview

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.

Listing Details MLS# 4137554

General Property Information

Property Sub Type
Single Family Residence
New Construction
Yes
Property Condition
New Construction
Approx Lot Size Acres
0.15
Approx H/C SqFt
2511
SqFt Source
Appraiser
List Price/SqFt
254.68
Year Built Known
Yes
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
N/A
Intermediate School
N/A
Middle or Junior School
Madison
High School
Madison Central
Home Warranty
No
Accessibility Features
No
Carport Spaces
0
Bathrooms Half
0
Bathrooms Three Quarter
0

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

Address and Location Information

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

Listing Information

Listing Service
Full Service

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

Showing Requirements

Showing
Appointment Required

More Information

Attic Features

Attic
Yes

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
Yes

Architectural Style

Traditional
Yes

Lot Features

Corner Lot
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
VA Loan
Yes

Association Fee Includes

Pool Service
Yes

Interior Features

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

Utilities

Electricity Connected
Yes
Natural Gas Connected
Yes
Sewer Connected
Yes
Water Connected
Yes

Kitchen Features

Kitchen Island
Yes
Walk-in Pantry
Yes

Bathroom Features

Separate Tub & Shower
Yes

Fireplace Features

Gas
Yes

Appliances

Dishwasher
Yes
Disposal
Yes
Gas Range
Yes
Range
Yes
Tankless Water Heater
Yes

Walls - Interior

Sheetrock
Yes

Flooring

Tile
Yes
Wood
Yes

Laundry Features

Main Level
Yes

Cooling

Ceiling Fan(s)
Yes
Central Air
Yes

Heating

Central
Yes
Fireplace(s)
Yes

Foundation Details

Slab
Yes

Exterior Construction/Siding

Brick
Yes

Roof

Architectural Shingles
Yes

Exterior Features

See Remarks
Yes

Patio And Porch Features

Patio - Covered
Yes

Driveway Features

Rear Entrance
Yes

Parking Features

Garage Door Opener
Yes
Garage Faces Rear
Yes

Community Features

See Remarks
Yes

Water Heater

Tankless
Yes

Disclosures

None
Yes
Listing Office: The Compass Group
Listing Agent: Christi S Chandler
Last Updated: May - 05 - 2026
Information is deemed to be reliable but not guaranteed. Copyright 2022 MLS United, LLC.