142 Water Street, Madison, MS 39110

New Listing
$573,275
Property Type: Residential Bedrooms: 3 Square Footage: 2,222 Lot Size (sq. ft.): 4,356 Status: Active
Current Price: $573,275 List Date: 8/26/2026 Last Modified: 8/26/2026

Overview

Description

Welcome to 142 Water Street in the heart of Lost Rabbit! This thoughtfully designed single-level floor plan offers 3 bedrooms, 2 full bathrooms, plus a dedicated home office, blending everyday functionality with timeless neighborhood charm. Step inside from the welcoming front porch into an open and inviting living space featuring a spacious living room with a fireplace, open dining area, and beautiful kitchen complete with a center island and walk-in pantry. The primary suite features a generous walk-in closet and soaking tub with separate shower. Two additional guest bedrooms share a convenient full hall bath. Washer and dryer are already installed in the laundry room! Living in Lost Rabbit means enjoying one of the Reservoir's most vibrant, golf-cart friendly communities. Take full advantage of resort-style amenities including the neighborhood pool overlooking the water, marina, town center with general store, bar/restaurant and gym, green spaces, and direct access to the Barnett R ...

Listing Details MLS# 4160446

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
2222
SqFt Source
Builder
List Price/SqFt
258
Year Built Known
Yes
Year Built
2026
Year Built Source
Builder
Garage Spaces
2
Total Floors
Yes
Bedrooms Total
3
Bathrooms Full
2
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: One Covenants And Restrictions: Architectural Review; Homeowner Association Association Fee Includes: Other Kitchen Features: Kitchen Island Bathroom Features: Free Standing Tub; Walk-In Shower Fireplace Features: Gas Log Appliances: Microwave; Range Cooling: Ceiling Fan(s); Central Air Heating: Central Utilities: Fiber to the House Sewer: Public Sewer Water Source: Public Foundation Details: Slab Listing Terms: Cash; Conventional; FHA; VA Loan Roof: Asphalt Shingle Exterior Features: None Parking Features: Garage Home Warranty: One Year Builder

Address and Location Information

Street Number
142
Street Name
Water
Street Suffix
Street
County
Madison
State
MS
Zip Code
39110
Parcel Number
072a-11d-003/01.21
Subdivision
Lost Rabbit
Directions to Property
Hoy Rd into Lost Rabbit. First Left immediate right onto water St. Home is on left
Community Of
N/A

Listing Information

Listing Service
Full Service

Tax and Financial Information

Tax Annual Amount
600
Tax Year
2025
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 457 LOST RABBIT PH IV B

Showing Requirements

Showing
Show Any Time

More Information

Remarks & Miscellaneous

Public Remarks
Welcome to 142 Water Street in the heart of Lost Rabbit! This thoughtfully designed single-level floor plan offers 3 bedrooms, 2 full bathrooms, plus a dedicated home office, blending everyday functionality with timeless neighborhood charm. Step inside from the welcoming front porch into an open and inviting living space featuring a spacious living room with a fireplace, open dining area, and beautiful kitchen complete with a center island and walk-in pantry. The primary suite features a generous walk-in closet and soaking tub with separate shower. Two additional guest bedrooms share a convenient full hall bath. Washer and dryer are already installed in the laundry room! Living in Lost Rabbit means enjoying one of the Reservoir's most vibrant, golf-cart friendly communities. Take full advantage of resort-style amenities including the neighborhood pool overlooking the water, marina, town center with general store, bar/restaurant and gym, green spaces, and direct access to the Barnett Reservoir.

Structure Type

House
Yes

Covenants And Restrictions

Architectural Review
Yes
Homeowner Association
Yes

Levels

One
Yes

Sewer

Public Sewer
Yes

Water Source

Public
Yes

Listing Terms

Cash
Yes
Conventional
Yes
FHA
Yes
VA Loan
Yes

Association Fee Includes

Other
Yes

Utilities

Fiber to the House
Yes

Kitchen Features

Kitchen Island
Yes

Bathroom Features

Free Standing Tub
Yes
Walk-In Shower
Yes

Fireplace Features

Gas Log
Yes

Appliances

Microwave
Yes
Range
Yes

Cooling

Ceiling Fan(s)
Yes
Central Air
Yes

Heating

Central
Yes

Foundation Details

Slab
Yes

Exterior Construction/Siding

Brick
Yes

Roof

Asphalt Shingle
Yes

Exterior Features

None
Yes

Parking Features

Garage
Yes

Home Warranty

One Year Builder
Yes
Listing Office: Taylor Realty Group, LLC
Listing Agent: Donna Taylor
Source MLS Verified
Last Updated: August - 26 - 2026
Information is deemed to be reliable but not guaranteed. Copyright 2026 MLS United, LLC.