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481 Cheyenne Lane

Madison, MS 39110
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$589,000 $2,483/Mo
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Bed 5

Bed

Bath 3

Bath

Acres1.20

Acres(Lot)

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. 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-o f-a-kind setting. 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 pain, updated fixtures, and new appliances, blending modern touches with timeless character such as solid pine doors and detailed woodwork. Additional features include a circular drive with ample parking and thoughtfully designed outdoor spaces that maximize the home's elevated position above the lake. The home has been professionally evaluated and stabilized by a reputable local firm, with documentation available, offering added peace of mind. This is a unique opportunity to own a property that combines scale, character, and exceptional waterfront living in one of Madison's most established neighborhoods.

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Detail Ic Property Details

Property Type : Residential

Price : $589,000

AD Id : 76913221

MLS Id : 4145246

Beds : 5

Lot Size : 1.20 Acres

Year Built : 1970

Garage : 2

County : Madison

Subdivision: Westwood

  • Map Map

Map

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Feature Features

  • Bedroom Information

    Total beds: 5

    Bathroom Information

    Total Baths: 3 Full Baths: 3

  • Flooring Information

    Vinyl, Carpet

  • Roofing Information

    Shingle

  • Interior Features

    Master Downstairs, Beamed 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, Recessed Lighting, Storage, Track Lighting, Vaulted Ceiling(s), Walk-In Closet(s), Breakfast Bar Roof: Shingle Appliances: Cooktop, Dishwasher, Electric Cooktop, Exhaust Fan, Gas Water Heater, Oven, Water Heater Laundry Features: Laundry Room Window Features: Aluminum Frames, Blinds, Double Pane Windows

  • Heating & Cooling

    Has Heating: Yes Heating: Central, Natural Gas Has Cooling: Yes Cooling: Ceiling Fan(s), Central Air Water front: 1

  • Building Information

    Year Built: 1970 Building Area Total: 3749 Construction Materials: Brick Stories: 1 Patio And Porch Features: Patio, Porch Private Pool: No Water front Features: Lake, Lake Front, Waterfront View: Water Association Fee Frequency: Annually

  • Exterior Features

    Exterior Features: Rain Gutters, Other

  • Lot Information

    Main Square Feet: 1.2 Acres Lot Size Acres: 1.2 Lot Size Square Feet: 52272 Lot Description: City Lot, Landscaped, Views, Waterfront

    Property Information

    Subdivision: Natchez Trace Village Source Property Type: Residential Property SubType: Single Family Residence Levels: One Property Age: 56

  • Listing Price Information

    Listing Price: $589000 Original Price: $689000 Cash, Conventional, VA Loan

  • Tax Information

    Parcel Number: 072e-22a-024-00-00 Tax Year: 2025 Annual Tax: $2446 Tax Legal Desc: LOT 175 NATCHEZ TRACE VILLAGE

  • Parking Information

    Attached, Carport, Storage, Garage

    Garage Information

    Has Garage: Yes Has Attached Garage: Yes Garage Space: 2
    Homeowners Association Information
    Has Association: Yes HOA: $50.00 Community Features: Fishing, Lake

  • School Information

    Elementary School: Madison Avenue
    Junior High School: Madison
    Senior High School: Madison Central

  • Utility Information

    Natural Gas Available, Electricity Connected, Natural Gas Connected, Water Connected

  • Location Information

    WaterSource: Public Security Features: Smoke Detector(s)
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Nearby Home Value

Address Estimate Bed Bath Sq. Ft Lot Size
136 Water Street, Madison, MS, 39110 $639,500 4 3 --
133 Water Street, Madison, MS, 39110 $479,500 2 3 --
207 Welchshire Drive, Madison, MS, 39110 $835,000 4 5 --
105 Millbridge Drive, Madison, MS, 39110 $388,000 3 3 --
204 Benners Lane, Madison, MS, 39110 $398,500 3 2 --
212 Welchshire Drive, Madison, MS, 39110 $999,000 5 5 --
117 Commonwealth Drive, Madison, MS, 39110 $809,000 4 5 --
130 Water Street, Madison, MS, 39110 $543,150 3 3 --
105 Prytania Street, Madison, MS, 39110 $999,990 3 4 --
136 Swan Sea Lane, Madison, MS, 39110 $1,595,000 6 6 --

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Information is deemed to be reliable but not guaranteed. Copyright © 2026 MLS United, LLC.

ByOwner last updated this listing 06/05/2026 @ 22:08

MLS: 4145246 LISTED BY: Bethany Culley, Keller Williams 601-977-9411 SOURCE: MLS United LLC

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