132 Water Street, Madison, MS 39110
$599,250
Property Type:
Residential
Bedrooms:
4
Square Footage:
2,350
Lot Size (sq. ft.):
4,356
Status:
Active
Current Price:
$599,250
List Date:
4/03/2026
Last Modified:
4/14/2026
Description
Welcome to 132 Water St, where sophisticated design meets the effortless lifestyle of The Town of Lost Rabbit. This thoughtfully designed floor plan prioritizes convenience, featuring the primary suite plus a full second bedroom and bath on the main level, a rare find that offers incredible flexibility for guests or a home office.
The heart of the home is the chef-inspired kitchen, anchored by a massive center island and a walk-in pantry. Upstairs, two additional bedrooms and a full bath provide ample space for family or visitors. Retreat to the screened-in patio to enjoy peaceful views of your low-maintenance yard, designed for those who prefer sunsets over yard work.
Step outside and you are within an easy stroll of the Marina, the neighborhood pool, and the local favorite, The Rabbit Hole. With the new Fitness Center coming soon, this is your chance to secure the ultimate walkable lifestyle on the Reservoir.
Open Houses
Sunday, April 19, 2:00 pm - 5:00 pm
More Information MLS# 4144727
Address and Location Information
Parcel Number: 072a-11d-003/01.25
Directions to Property: Hoy Rd into Lost Rabbit, first Left, then right onto water st
Community Of: N/A
Street Number: 132
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: 2026-04-03
List Price: $599,250
Current Price: $599,250
General Property Information
New Construction: Yes
Property Condition: New Construction
Approx Lot Size Acres: 0.1
SqFt Source: Builder
List Price/SqFt: 255
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: Madison Avenue
Intermediate School: N/A
Middle or Junior School: Madison
High School: Madison Central
Home Warranty: Yes
Accessibility Features: No
Property Sub Type: Single Family Residence
Approx H/C SqFt: 2350
Year Built: 2026
Bedrooms Total: 4
Bathrooms Full: 3
Tax and Financial Information
Tax Annual Amount: 500
Tax Year: 2026
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 461, Lost Rabbit Ph IVB
Remarks & Miscellaneous
Public Remarks: Welcome to 132 Water St, where sophisticated design meets the effortless lifestyle of The Town of Lost Rabbit. This thoughtfully designed floor plan prioritizes convenience, featuring the primary suite plus a full second bedroom and bath on the main level, a rare find that offers incredible flexibility for guests or a home office.
The heart of the home is the chef-inspired kitchen, anchored by a massive center island and a walk-in pantry. Upstairs, two additional bedrooms and a full bath provide ample space for family or visitors. Retreat to the screened-in patio to enjoy peaceful views of your low-maintenance yard, designed for those who prefer sunsets over yard work.
Step outside and you are within an easy stroll of the Marina, the neighborhood pool, and the local favorite, The Rabbit Hole. With the new Fitness Center coming soon, this is your chance to secure the ultimate walkable lifestyle on the Reservoir.
Structure Type
House: 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
Association Fee Includes
Other: 1
Showing Requirements
Showing: Appointment Required
Utilities
Fiber to the House: 1
Fireplace Features
Gas Log: 1
Appliances
Built-In Gas Range: 1
Dishwasher: 1
Disposal: 1
Cooling
Central Air: 1
Heating
Central: 1
Foundation Details
Slab: 1
Exterior Construction/Siding
HardiPlank Type: 1
Roof
Architectural Shingles: 1
Exterior Features
Other: 1
Parking Features
Parking Total: 2
Garage: 1
Home Warranty
One Year Builder: 1
Property Features
Structure Type: House
Levels: Two
Covenants And Restrictions: Architectural Review; Homeowner Association; Restrictive Covenants
Association Fee Includes: Other
Fireplace Features: Gas Log
Appliances: Built-In Gas Range; Dishwasher; Disposal
Cooling: Central Air
Heating: Central
Utilities: Fiber to the House
Sewer: Public Sewer
Water Source: Public
Foundation Details: Slab
Listing Terms: Bank Loan; Cash; Conventional; FHA
Roof: Architectural Shingles
Exterior Features: Other
Parking Features: Garage
Home Warranty: One Year Builder
Listing Office:
Taylor Realty Group, LLC
Listing Agent:
Donna Taylor
Last Updated: April - 14 - 2026
Information is deemed to be reliable but not guaranteed. Copyright 2022 MLS United, LLC.