$589,000
 $3,162 est/mo Sourced by Back At You

481 Cheyenne Lane,Madison, MS 39110

Madison, MS 39110

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Description

$100,000 instant equity (below March 2026 appraisal) Welcome to a rare waterfront opportunity in Natchez Trace Village-set on a 1.2-acre lot with an extraordinary 330 feet of private lake frontage. Don't miss this chance to enjoy tranquil lakefront living just 5 minutes from reservoir boat access. The flexible floor plan includes five bedrooms, three fully renovated baths with tile finishes, and separate office/library spaces with custom built-ins. A split layout offers potential for a private guest or mother-in-law suite. Recent updates include: -New LVP flooring throughout -Fresh interior and exterior paint -Updated fixtures -New appliances Blending modern touches with timeless character such as: solid pine doors and detailed woodwork. All the work has been done for you with recently replaced roofing, gutters, air, heating and water heater systems, and added peace of mind from 2025 foundation stabilization that includes a transferable warranty. From the moment you step through the door, the home opens into a stunning 600 square foot great room with vaulted tongue-and-groove wood ceilings, floor-to-ceiling brick fireplace, and expansive windows framing sweeping lake views. Natural light and water views anchor the main living space, creating an immediate sense of openness and calm. Designed for both everyday living and unforgettable entertaining, the outdoor space is truly exceptional. A sprawling 900 square foot elevated patio offers panoramic lake views complemented by a covered porch, tiered fountain, mature trees, and established landscaping-providing both beauty and privacy in a one-of-a-kind setting. Additional features include a circular drive with ample parking and thoughtfully designed outdoor spaces that maximize the home's elevated position above the lake. Come see an exceptional property that combines scale, character, and waterfront living in one of Madison's most established neighborhoods.

Details

MLS #4145246
Listing TypeFor Sale
StyleHouse
HOA Dues$50
Sub-TypeResale
StatusActive
Year1970
Days On Site153
Listing Provided ByKeller Williams | Bethany Culley

Features

Bed(s)5
Bath(s) 3 Total
SQ Feet3,749
Garage2
Story(s)1
Acreage1.20
Water FrontLake, Lake Front, View, Waterfro

Interior

Rooms Total0
Cooling Yes / NoYes
CoolingCeiling Fan(s), Central Air
Heating Yes / NoYes
HeatingCentral, Natural Gas
Interior FeaturesBeamed Ceilings, Cathedral Ceiling(s), Ceiling Fan(s), Crown Molding, Double Vanity, Eat-in Kitchen, Entrance Foyer, High Speed Internet, In-Law Floorplan, Open Floorplan, Pantry, Primary Downstairs, Recessed Lighting, Storage, Track Lighting, Vaulted Ceiling(s), Walk-In Closet(s), Breakfast Bar
Window FeaturesAluminum Frames, Blinds, Double Pane Windows, Vinyl, Vinyl Clad
AppliancesCooktop, Dishwasher, Electric Cooktop, Exhaust Fan, Gas Water Heater, Oven, Water Heater

Exterior

Exterior FeaturesRain Gutters, Other, See Remarks
RoofArchitectural Shingles
Security FeaturesSmoke Detector(s)
Construction MaterialsBrick
Foundation DetailsSlab
Lot FeaturesCity Lot, Landscaped, Views

Parking

Attached Garage Yes / NoYes
Parking FeaturesAttached, Carport, Storage

Location

Community FeaturesFishing, Lake

Utilities

UtilitiesElectricity Connected, Natural Gas Connected, Water Connected

Taxes

Property2446

Area Information

StateMS
CountyMadison
CityMadison
Zip Code39110
AreaMadison
Community NameNatchez Trace Village
School DistrictMadison CO Dist
Elementary SchoolMadison Avenue
High SchoolMadison Central
Listing VS Median (in Natchez Trace Village)
Price:
$589,000
low | high
Med:
$344,450
91.519524617997% of Average
sqft:
3,749
low | high
Med:
2,950
71.312349959989% of Average
$ / sqft:
$157
low | high
Med:
$117
75.675524461878% of Average
On site:
153
low | high
Med:
49
100% of Average
Sourced by Back At You

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Learn More About This Property

StateMS
CountyMadison
CityMadison
Zip Code39110
AreaMadison
Community NameNatchez Trace Village
School DistrictMadison CO Dist
Elementary SchoolMadison Avenue
High SchoolMadison Central
Listing VS Median (in Natchez Trace Village)
Price:
$589,000
low | high
Med:
$344,450
91.519524617997% of Average
sqft:
3,749
low | high
Med:
2,950
71.312349959989% of Average
$ / sqft:
$157
low | high
Med:
$117
75.675524461878% of Average
On site:
153
low | high
Med:
49
100% of Average
Sourced by Back At You
Nearby Listings (Within 1/2 mile)
Price: $441K - $736K
sqft: 2,500 - 4,500
Listing Updated: July 20, 2026 at 9:04:29 PM PDT