481 Cheyenne Lane, Madison, MS 39110
Local realty services provided by:Better Homes and Gardens Real Estate Traditions
Listed by: bethany culley
Office: keller williams
MLS#:4145246
Source:MS_UNITED
Price summary
- Price:$589,000
- Price per sq. ft.:$157.11
- Monthly HOA dues:$4.17
About this home
$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....
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Home facts
- Year built:1970
- Subdivision & Development:Natchez Trace Village
- Listing ID #:4145246
- Added:139 day(s) ago
- Updated:August 26, 2026 at 02:56 PM
Rooms and interior
- Bedrooms:5
- Total bathrooms:3
- Full bathrooms:3
- Flooring:Carpet, Luxury Vinyl
- Bathrooms Description:Double Vanity
- Kitchen Description:Double Vanity, Eat-in Kitchen
- Living area:3,749 sq. ft.
Heating and cooling
- Cooling:Ceiling Fan(s), Central Air
- Heating:Central, Natural Gas
- Central air:Yes
Structure and exterior
- Year built:1970
- Building area:3,749 sq. ft.
- Lot area:1.2 Acres
- Lot Features:City Lot, Landscaped, Views
- Architectural Style:Traditional
- Construction Materials:Brick
- Exterior Features:Rain Gutters
- Foundation Description:Slab
- Levels:1 Story
Schools
- High school:Madison Central
- Middle school:Madison
- Elementary school:Madison Avenue
Utilities
- Water:Public
- Sewer:Public Sewer
Finances and disclosures
- Price:$589,000
- Price per sq. ft.:$157.11
- Tax amount:$2,446 (2025)
Features and amenities
- Laundry features:Laundry Room
- Amenities:Aluminum Frames, Beamed Ceilings, Blinds, Breakfast Bar, Cathedral Ceiling(s), Ceiling Fan(s), Crown Molding, Double Pane Windows, 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)
Parking
- Parking description:Attached, Carport, Storage
- Garage:Yes
- Garage spaces:2
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