137 Water Street, Madison, MS 39110 (MLS# 4128226)

137 Water Street, Madison, MS 39110

$539,000

Virtual Tour

https://www.propertypanorama.com/137-Water-Street-Madison-MS-39110/unbranded

Property Type: Residential Bedrooms: 3 Square Footage: 2,079 Lot Size (sq. ft.): 6,534 Status: Closed

Current Price: $539,000 List Date: 2/20/2026 Last Modified: 4/06/2026

Overview

Description

Absolutely Charming new construction home is located in Lost Rabbit Subdivision. Three bed, 2.5 bath and oozing with curb appeal thanks to the expansive front porch. Upon entering the home you are greeted with an open concept kitchen/den area that has all of the greatest finishes and colors along with top of the line appliances. This area is completed with a cozy fireplace as well as a formal pantry. Just down the hallway on the left is the primary bedroom. It has a large walk in closet, a bathroom that will allow you to soak your cares away in the freestanding bathtub or if you prefer a shower, there is a lovely walk in shower. Two additional bedrooms and a full bathroom with separate sinks are located on the left-hand side of the home. Also to be noted, a nice sized laundry room as well as a half bath to service guests and an amazing side patio that opens to your personal yard. We should note that this home has 2.5 garage stalls which is perfect for those that need additional stora ... (Read more)

Listing Details MLS# 4128226

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: 2079
SqFt Source: Appraiser
List Price/SqFt: 259.26
Year Built: 2025
Year Built Source: Builder
Garage Spaces: 2.5
Total Floors: Yes
Bedrooms Total: 3
Bathrooms Full: 2
Bathrooms Half: Yes
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 Three Quarter: 0

Property Features

Structure Type: House Architectural Style: Traditional Levels: One Covenants And Restrictions: Homeowner Association; Restrictive Covenants Association Fee Includes: Management Interior Features: Ceiling Fan(s); Double Vanity; Kitchen Island; Open Floorplan; Pantry; Soaking Tub; Walk-In Closet(s) Special Purpose Rooms: Family Room/Dining Combo; Guest Room; Kitchen/Dining Combo Kitchen Features: Kitchen Island; Quartz Counters Bathroom Features: Double Vanity; Fireplace; Free Standing Tub; Two Walk-In Closets; Walk-In Shower Fireplace Features: Gas Appliances: Built-In Range; Dishwasher; Microwave; Tankless Water Heater Walls - Interior: Sheetrock Flooring: Tile; Wood 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; USDA Loan; VA Loan Roof: Architectural Shingles Patio And Porch Features: Front Porch; Side Porch Exterior Features: See Remarks Driveway Features: Rear Entrance Parking Features: Garage; Garage Door Opener; Garage Faces Rear Community Features: Boating; Fishing; Marina; Park; Playground; Pool; Sidewalks; Spa; Street Lights; See Remarks Water Heater: Natural Gas; Tankless

Address and Location Information

Street Number: 137
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. Take the first left in the subdivision on Water Street. Take the second road on the right, House will be on your right - Park in the back until steps are in place with railings.
Community Of: N/A

Listing Information

Projected Completion Date: 2026-02-20
Listing Service: Full Service
Never Occupied: Yes

Tax and Financial Information

Tax Annual Amount: 800
Tax Year: 2025
Homestead Y/N: No
Additional Exemptions Y/N: No
Flood Insurance Required?: No
Leasehold Y/N: Yes
Leasehold Fee: 1300
16th Section: No
Sold In Previous 12 Months: No
Association: Yes
Association Fee: 1512
Association Fee Frequency: Annually
Covenants Y/N: Yes
Legal Description: Lot 441 Lost Rabbit Ph IV A

Status Change Info

Contract Date/Pending Date: 2026-03-08
Closing Date: 2026-04-06
Appraised SqFt: 2114
Sold Price/SqFt: 259.26

More Information

Showing Requirements

Showing: Appointment Required

Remarks & Miscellaneous

Public Remarks: Absolutely Charming new construction home is located in Lost Rabbit Subdivision. Three bed, 2.5 bath and oozing with curb appeal thanks to the expansive front porch. Upon entering the home you are greeted with an open concept kitchen/den area that has all of the greatest finishes and colors along with top of the line appliances. This area is completed with a cozy fireplace as well as a formal pantry. Just down the hallway on the left is the primary bedroom. It has a large walk in closet, a bathroom that will allow you to soak your cares away in the freestanding bathtub or if you prefer a shower, there is a lovely walk in shower. Two additional bedrooms and a full bathroom with separate sinks are located on the left-hand side of the home. Also to be noted, a nice sized laundry room as well as a half bath to service guests and an amazing side patio that opens to your personal yard. We should note that this home has 2.5 garage stalls which is perfect for those that need additional storage space or a spot to store your golf cart. Lost Rabbit is full of amenities to include a neighborhood pub, spa, marina, general store, pool, park and fishing galore with more development on the horizon.

Structure Type

House: Yes

Architectural Style

Traditional: Yes

Covenants And Restrictions

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
USDA Loan: Yes
VA Loan: Yes

Association Fee Includes

Management: Yes

Interior Features

Ceiling Fan(s): Yes
Double Vanity: Yes
Kitchen Island: Yes
Open Floorplan: Yes
Pantry: Yes
Soaking Tub: Yes
Walk-In Closet(s): Yes

Utilities

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

Special Purpose Rooms

Family Room/Dining Combo: Yes
Guest Room: Yes
Kitchen/Dining Combo: Yes

Kitchen Features

Kitchen Island: Yes
Quartz Counters: Yes

Bathroom Features

Double Vanity: Yes
Fireplace: Yes
Free Standing Tub: Yes
Two Walk-In Closets: Yes
Walk-In Shower: Yes

Fireplace Features

Gas: Yes

Appliances

Built-In Range: Yes
Dishwasher: Yes
Microwave: Yes
Tankless Water Heater: Yes

Walls - Interior

Sheetrock: Yes

Flooring

Tile: Yes
Wood: 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

Front Porch: Yes
Side Porch: Yes

Driveway Features

Rear Entrance: Yes

Parking Features

Garage: Yes
Garage Door Opener: 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

Listing Office: The Compass Group

Listing Agent: Christi S Chandler

Last Updated: April - 06 - 2026