481 Cheyenne Ln, Madison, MS 39110

Beds
5
Baths
3
Sqft
3,749
Garage
Yes

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Listed byKeller Williams
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Overview

$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.

Location

Full feature list

Basic info

Property type
House
Number of stories
1
Number of bedrooms
5
Number of bathrooms
3
Square feet
3,749
Lot size (acres)
1.20
Year built
1970

Interior features

Laundry
Laundry Room

Exterior features

Water view
Yes
Waterfront
Waterfront, Lake Front, Lake

Garage and parking

Garage parking spaces
2

Utilities

Heating
Central, Natural Gas
Cooling
Ceiling Fans, Ceiling Fans, Central Air
Sewer
Other, Public Sewer
Water
Public Water

Estimated monthly costs

HOA Fees
$4

Taxes

Tax Annual Amount (2025)
$2,446

Public schools

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Sourced from: MLS United MLS®#: 4145246 Last checked:

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