About This Home
This 5-bedroom, 3-bathroom single family at 481 Cheyenne Lane in Madison, MS is listed for $589,000 ($157 per sqft). Built in 1970, the home offers 3,749 sqft of living space on a 1.20 acres lot.
Key Features
- Built in 1970
- 1.20 acre lot
- Fireplace
- Waterfront
Property Details
Amenities
$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.
Monthly Cost Estimate
$3,200/mo
20% down · 6.5% · 30 years
Estimates only. Actual payments may vary.
Location
481 Cheyenne Lane
Madison, MS 39110
Natchez Trace Village
Property Details
Flooring
Pool Features
Questions & Answers
This 5-bedroom, 3-bathroom single family at 481 Cheyenne Lane is listed at $589,000 ($157/sqft). The estimated monthly payment is $3,200 based on 20% down, a 30-year loan at 6.5% interest, estimated insurance, HOA fees.
HOA fees are $50/month.
Key features include: Built in 1970, 1.20 acre lot, Fireplace, Waterfront.
This property is listed by Bethany Culley and can be reached at 6019415285.








