106 Water Street, Madison, MS 39110

$535,000
Property Type: Residential Bedrooms: 3 Square Footage: 2,050 Lot Size (sq. ft.): 6,534 Status: Active
Current Price: $535,000 List Date: 3/21/2026 Last Modified: 3/24/2026

Description

Welcome home to 106 Water Street in the highly desirable Lost Rabbit subdivision. This home truly has it all. As you enter, you are greeted by a large, open family space that is adjoined by a custom kitchen and dining area. Windows everywhere give the space ample light but also maximizes the view of the Ross Barnett Reservoir in the distance. Features include top of the line wood flooring, custom surfaces, beautiful fixtures, stainless steel appliances, stain grade wood accents, an inviting fireplace and huge spacious pantry. To the left of the hallway leads to a guest bedroom with an ensuite bathroom. Down the hall past the kitchen is a bathroom that services guests as well as the 2nd guest bathroom. Just across is the gorgeous primary suite with an amazing dream closet that opens into the spa-like bathroom. Oversized tiling in the separate shower, floor to ceiling tile accent wall behind the bathtub, and double vanities. Closet contains upper and lower racks, gorgeous custom-built in's galore, and so much storage space. Further down the hallway is a mud area with plenty of storage, and a laundry area with cabinets galore and custom accent tile. Outside, leads to a custom covered and screened porch with custom side doors from MS Ironworks. This gorgeous home overlooks the Town Center at Lost Rabbit, which is home to the neighborhood General Store, a spa, the neighborhood pool/pavilion, marina, restaurants & more. Contact your realtor today to make this dream home yours!

Open Houses

Sunday, March 29, 2:00 pm - 4:00 pm

More Information MLS# 4143224

Address and Location Information

Parcel Number: 072a-12c-002/10.00 Directions to Property: I-55 N, Right on Main Street, Follow Main, cross over Hwy 51, Main turns to Hoy Road. Follow Hoy through two red lights, two 4-way stops, once you enter Lost Rabbit, Water Street is immediately on the left. 4th house on the right. Community Of: N/A Street Number: 106 Street Name: Water Street Suffix: Street County: Madison State: MS Zip Code: 39110 Subdivision: Lost Rabbit

Listing Information

Listing Service: Full Service Status: Active List Date: 2026-03-21 List Price: $535,000 Current Price: $535,000

General Property Information

New Construction: No Approx Lot Size Acres: 0.15 SqFt Source: Builder List Price/SqFt: 260.98 Year Built Source: Builder Garage Spaces: 2 Carport Spaces: 0 Total Floors: 1 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: 2050 Year Built: 2023 Bedrooms Total: 3 Bathrooms Full: 3

Tax and Financial Information

Tax Annual Amount: 3500 Tax Year: 2025 Homestead Y/N: Yes Homestead Year: 2025 Additional Exemptions Y/N: No Flood Insurance Required?: No Leasehold Y/N: Yes Leasehold Fee: 1000 16th Section: No Leasehold Fee Increase: No Sold In Previous 12 Months: No Association: Yes Association Fee: 1500 Association Fee Frequency: Annually Covenants Y/N: Yes Legal Description: Lot 4 The Town of Lost Rabbit, Phase 4 *Leasehold*

Remarks & Miscellaneous

Public Remarks: Welcome home to 106 Water Street in the highly desirable Lost Rabbit subdivision. This home truly has it all. As you enter, you are greeted by a large, open family space that is adjoined by a custom kitchen and dining area. Windows everywhere give the space ample light but also maximizes the view of the Ross Barnett Reservoir in the distance. Features include top of the line wood flooring, custom surfaces, beautiful fixtures, stainless steel appliances, stain grade wood accents, an inviting fireplace and huge spacious pantry. To the left of the hallway leads to a guest bedroom with an ensuite bathroom. Down the hall past the kitchen is a bathroom that services guests as well as the 2nd guest bathroom. Just across is the gorgeous primary suite with an amazing dream closet that opens into the spa-like bathroom. Oversized tiling in the separate shower, floor to ceiling tile accent wall behind the bathtub, and double vanities. Closet contains upper and lower racks, gorgeous custom-built in's galore, and so much storage space. Further down the hallway is a mud area with plenty of storage, and a laundry area with cabinets galore and custom accent tile. Outside, leads to a custom covered and screened porch with custom side doors from MS Ironworks. This gorgeous home overlooks the Town Center at Lost Rabbit, which is home to the neighborhood General Store, a spa, the neighborhood pool/pavilion, marina, restaurants & more. Contact your realtor today to make this dream home yours!

Structure Type

House: 1

Architectural Style

Traditional: 1

Lot Features

Zero Lot Line: 1

Covenants And Restrictions

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

Levels

One: 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

Maintenance Grounds: 1 Pool Service: 1

Showing Requirements

Showing: Appointment Required Lockbox Location: Front Door

Interior Features

Breakfast Bar: 1 Built-in Features: 1 Ceiling Fan(s): 1 Double Vanity: 1 Eat-in Kitchen: 1 Kitchen Island: 1 Natural Woodwork: 1 Open Floorplan: 1 Pantry: 1 Primary Downstairs: 1 Stone Counters: 1 Walk-In Closet(s): 1 See Remarks: 1

Utilities

Electricity Available: 1 Natural Gas Available: 1 Water Available: 1

Special Purpose Rooms

Breakfast Area: 1 Family Room/Dining Combo: 1 Kitchen/Dining Combo: 1 Mud Room: 1 Storage: 1

Kitchen Features

Breakfast Bar: 1 Kitchen Island: 1 Kitchen/Family Room Combo: 1 Solid Surface Counters: 1 Walk-in Pantry: 1

Bathroom Features

Double Vanity: 1 Separate Tub & Shower: 1 Walk-In Shower: 1

Fireplace Features

Gas Log: 1

Appliances

Built-In Gas Oven: 1 Built-In Gas Range: 1 Dishwasher: 1 Disposal: 1 Refrigerator: 1 Tankless Water Heater: 1

Walls - Interior

Sheetrock: 1

Flooring

Tile: 1 Wood: 1

Window Features

Blinds: 1

Laundry Features

Electric Dryer Hookup: 1 Laundry Room: 1 Sink: 1 Washer Hookup: 1

Security Features

Carbon Monoxide Detector(s): 1 Prewired: 1 Security System: 1 Smoke Detector(s): 1

Cooling

Central Air: 1 Gas: 1

Heating

Central: 1

Foundation Details

Slab: 1

Exterior Construction/Siding

Brick: 1 Siding: 1

Roof

Architectural Shingles: 1

Exterior Features

Gas and Propane hookup: 1 Gas Grill: 1 Outdoor Grill: 1 See Remarks: 1

Patio And Porch Features

Patio - Covered: 1 Screened: 1 Side Porch: 1

Driveway Features

Rear Entrance: 1

Parking Features

Attached: 1 Driveway: 1 Garage: 1 Garage Faces Rear: 1

Community Features

Boating: 1 Fishing: 1 Marina: 1 Park: 1 Playground: 1 Pool: 1 Sidewalks: 1 Spa: 1 Street Lights: 1 See Remarks: 1

Water Heater

Natural Gas: 1 Tankless: 1

Disclosures

None: 1

Property Features

Structure Type: House Architectural Style: Traditional Lot Features: Zero Lot Line Levels: One Covenants And Restrictions: Architectural Review; Homeowner Association; Restrictive Covenants Association Fee Includes: Maintenance Grounds; Pool Service Interior Features: Breakfast Bar; Built-in Features; Ceiling Fan(s); Double Vanity; Eat-in Kitchen; Kitchen Island; Natural Woodwork; Open Floorplan; Pantry; Primary Downstairs; Stone Counters; Walk-In Closet(s); See Remarks Special Purpose Rooms: Breakfast Area; Family Room/Dining Combo; Kitchen/Dining Combo; Mud Room; Storage Kitchen Features: Breakfast Bar; Kitchen Island; Kitchen/Family Room Combo; Solid Surface Counters; Walk-in Pantry Bathroom Features: Double Vanity; Separate Tub & Shower; Walk-In Shower Fireplace Features: Gas Log Appliances: Built-In Gas Oven; Built-In Gas Range; Dishwasher; Disposal; Refrigerator; Tankless Water Heater Walls - Interior: Sheetrock Flooring: Tile; Wood Window Features: Blinds Laundry Features: Electric Dryer Hookup; Laundry Room; Sink; Washer Hookup Security Features: Carbon Monoxide Detector(s); Prewired; Security System; Smoke Detector(s) Cooling: Central Air; Gas Heating: Central Utilities: Electricity Available; Natural Gas Available; Water Available 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; Screened; Side Porch Exterior Features: Gas and Propane hookup; Gas Grill; Outdoor Grill; See Remarks Driveway Features: Rear Entrance Parking Features: Attached; Driveway; Garage; Garage Faces Rear Community Features: Boating; Fishing; Marina; Park; Playground; Pool; Sidewalks; Spa; Street Lights; See Remarks Water Heater: Natural Gas; Tankless Disclosures: None
Listing Office: Crye-Leike
Listing Agent: Lindsay Buford
Last Updated: March - 24 - 2026
Information is deemed to be reliable but not guaranteed. Copyright 2022 MLS United, LLC.