137 Water Street, Madison, MS 39110
$539,000
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
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 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.
More Information MLS# 4128226
Address and Location Information
Parcel Number: Unassigned
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
Street Number: 137
Street Name: Water
Street Suffix: Street
County: Madison
State: MS
Zip Code: 39110
Subdivision: Lost Rabbit
Listing Information
Projected Completion Date: 2026-02-20
Listing Service: Full Service
Never Occupied: Yes
Status: Closed
List Date: 2025-10-09
List Price: $539,000
Current Price: $539,000
General Property Information
New Construction: Yes
Property Condition: New Construction
Approx Lot Size Acres: 0.15
SqFt Source: Appraiser
List Price/SqFt: 259.26
Year Built Source: Builder
Garage Spaces: 2.5
Carport Spaces: 0
Total Floors: 1
Bathrooms Half: 1
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: 2079
Year Built: 2025
Bedrooms Total: 3
Bathrooms Full: 2
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
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.
Status Change Info
Appraised SqFt: 2114
Sold Price/SqFt: 259.26
Contract Date/Pending Date: 2026-03-08
Closing Date: 2026-04-06
Structure Type
House: 1
Architectural Style
Traditional: 1
Covenants And Restrictions
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
USDA Loan: 1
VA Loan: 1
Association Fee Includes
Management: 1
Showing Requirements
Showing: Appointment Required
Interior Features
Ceiling Fan(s): 1
Double Vanity: 1
Kitchen Island: 1
Open Floorplan: 1
Pantry: 1
Soaking Tub: 1
Walk-In Closet(s): 1
Utilities
Electricity Connected: 1
Natural Gas Connected: 1
Sewer Connected: 1
Water Connected: 1
Special Purpose Rooms
Family Room/Dining Combo: 1
Guest Room: 1
Kitchen/Dining Combo: 1
Kitchen Features
Kitchen Island: 1
Quartz Counters: 1
Bathroom Features
Double Vanity: 1
Fireplace: 1
Free Standing Tub: 1
Two Walk-In Closets: 1
Walk-In Shower: 1
Fireplace Features
Gas: 1
Appliances
Built-In Range: 1
Dishwasher: 1
Microwave: 1
Tankless Water Heater: 1
Walls - Interior
Sheetrock: 1
Flooring
Tile: 1
Wood: 1
Cooling
Ceiling Fan(s): 1
Central Air: 1
Heating
Central: 1
Fireplace(s): 1
Foundation Details
Slab: 1
Exterior Construction/Siding
Brick: 1
Roof
Architectural Shingles: 1
Exterior Features
See Remarks: 1
Patio And Porch Features
Front Porch: 1
Side Porch: 1
Driveway Features
Rear Entrance: 1
Parking Features
Garage: 1
Garage Door Opener: 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
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
Listing Office:
The Compass Group
Listing Agent:
Christi S Chandler
Last Updated: April - 06 - 2026
Information is deemed to be reliable but not guaranteed. Copyright 2022 MLS United, LLC.