106 Water Street, Madison, MS 39110

$525,000
Property Type: Residential Bedrooms: 3 Square Footage: 2,050 Lot Size (sq. ft.): 6,534 Status: Closed
Current Price: $525,000 List Date: 3/21/2026 Last Modified: 5/28/2026

Overview

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 custo ...

Listing Details MLS# 4143224

General Property Information

Property Sub Type
Single Family Residence
New Construction
No
Approx Lot Size Acres
0.15
Approx H/C SqFt
2050
SqFt Source
Builder
List Price/SqFt
260.98
Year Built Known
Yes
Year Built
2023
Year Built Source
Builder
Garage Spaces
2
Total Floors
Yes
Bedrooms Total
3
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: 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

Address and Location Information

Street Number
106
Street Name
Water
Street Suffix
Street
County
Madison
State
MS
Zip Code
39110
Parcel Number
072a-12c-002/10.00
Subdivision
Lost Rabbit
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

Listing Information

Listing Service
Full Service

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*

Status Change Info

Contract Date/Pending Date
2026-04-15
Closing Date
2026-05-28
Appraised SqFt
2263
Sold Price/SqFt
256.1

More Information

Showing Requirements

Showing
Appointment Required
Lockbox Location
Front Door

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
Yes

Architectural Style

Traditional
Yes

Lot Features

Zero Lot Line
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

Maintenance Grounds
Yes
Pool Service
Yes

Interior Features

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

Utilities

Electricity Available
Yes
Natural Gas Available
Yes
Water Available
Yes

Special Purpose Rooms

Breakfast Area
Yes
Family Room/Dining Combo
Yes
Kitchen/Dining Combo
Yes
Mud Room
Yes
Storage
Yes

Kitchen Features

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

Bathroom Features

Double Vanity
Yes
Separate Tub & Shower
Yes
Walk-In Shower
Yes

Fireplace Features

Gas Log
Yes

Appliances

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

Walls - Interior

Sheetrock
Yes

Flooring

Tile
Yes
Wood
Yes

Window Features

Blinds
Yes

Laundry Features

Electric Dryer Hookup
Yes
Laundry Room
Yes
Sink
Yes
Washer Hookup
Yes

Security Features

Carbon Monoxide Detector(s)
Yes
Prewired
Yes
Security System
Yes
Smoke Detector(s)
Yes

Cooling

Central Air
Yes
Gas
Yes

Heating

Central
Yes

Foundation Details

Slab
Yes

Exterior Construction/Siding

Brick
Yes
Siding
Yes

Roof

Architectural Shingles
Yes

Exterior Features

Gas and Propane hookup
Yes
Gas Grill
Yes
Outdoor Grill
Yes
See Remarks
Yes

Patio And Porch Features

Patio - Covered
Yes
Screened
Yes
Side Porch
Yes

Driveway Features

Rear Entrance
Yes

Parking Features

Attached
Yes
Driveway
Yes
Garage
Yes
Garage Faces Rear
Yes

Community Features

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

Water Heater

Natural Gas
Yes
Tankless
Yes

Disclosures

None
Yes
Listing Office: Crye-Leike
Listing Agent: Lindsay Buford
Source MLS Verified
Last Updated: May - 28 - 2026
Information is deemed to be reliable but not guaranteed. Copyright 2022 MLS United, LLC.