Welcome to 142 Water Street in the heart of Lost Rabbit! This thoughtfully designed single-level floor plan offers 3 bedrooms, 2 full bathrooms, plus a dedicated home office, blending everyday functionality with timeless neighborhood charm. Step inside from the welcoming front porch into an open and inviting living space featuring a spacious living room with a fireplace, open dining area, and beautiful kitchen complete with a center island and walk-in pantry. The primary suite features a generous walk-in closet and soaking tub with separate shower. Two additional guest bedrooms share a convenient full hall bath. Washer and dryer are already installed in the laundry room! Living in Lost Rabbit means enjoying one of the Reservoir's most vibrant, golf-cart friendly communities. Take full advantage of resort-style amenities including the neighborhood pool overlooking the water, marina, town center with general store, bar/restaurant and gym, green spaces, and direct access to the Barnett Reservoir. Open house Aug 29 and Aug 30. 2pm-4pm
As the MLS and public records start to fill up, we'll list the details here.
Public record
Public record
Zoning
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Year built
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Style
Single Family Residential
County
Madison County
APN
072a-11d-003/01.21
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Last updated by owner on Aug 26, 2026.
SU-1
Special Use District
The purpose of this district is to provide areas for the development of special uses, which, because of their size, institutional nature and or unique characteristics, do not fit compatibly into other zoning districts of the County. Such uses commonly constitute self-contained communities with housing, dining,food service facilities, recreational uses, commercial-type outlets, and parking lots provided primarily for the benefit of the staff, students, and residents of the institution on the grounds. The uses permitted in S-1 districts do not include public,quasi-public facilities and utilities as those are defined by this Ordinance.
Permitted uses
Include but are not limited to:
Laundromat
General retail
Housing-Single unit
Housing-Senior
Office
Research & development
Educational/school
Library
Recreation
Golf related
Climate risks
1/10 Flood Factor
Minimal risk of a flood reaching the building in the next 30 years
3/10 Fire Factor
0.15% chance of being in a wildfire in next 30 years
7/10 Heat Factor
7 days above 108° expected this year, 20 days in 30 years
8/10 Wind Factor
80% chance of strong winds in next 30 years
2/10 Air Factor
0 unhealthy days expected this year, 1 days in 30 years
Provided by First Street
Historical weather
Madison, MS • 39110
Average low and high temperatures (°F)
54
34
66
43
75
53
81
60
82
65
89
72
91
73
92
71
87
67
81
55
72
50
62
42
Jan
Feb
Mar
Apr
May
Jun
Jul
Aug
Sep
Oct
Nov
Dec
Sun exposure
100/ 100
Exceptional sunlight
Sunscore
There appears to be minimal shading by surrounding buildings, terrain, and vegetation.
9.7 hrs
6.8 hrs
JuneDecember
Provided by Shadowmap
Redfin Estimate for 142 Water St
$573,401
$126 over list price of $573K
Nearby comparable homes
The Redfin Estimate uses 6 recent nearby sales, priced between $349K to $725K.