481 Cheyenne Ln
Madison, MS 39110
- 5 Beds
- 3 Baths
- 3,749 sqft (on 1.20 acres)
$589,000
Original price: $649,900
$589,000
Original price: $649,900
5 Beds
3 Baths
3,749 sqft
(on 1.20 acres)
Local Information
© Google
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Description
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-of-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.
Home Highlights
Parking
2 Car Garage
Outdoor
Porch, Patio
A/C
Heating & Cooling
HOA
$4/Monthly
Price/Sqft
$157
Listed
69 days ago
Home Details for 481 Cheyenne Ln
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MLS Status: Active |
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Beds & Baths Number of Bedrooms: 5Number of Bathrooms: 3Number of Bathrooms (full): 3 |
Dimensions and Layout Living Area: 3749 Square Feet |
Appliances & Utilities Utilities: Electricity Connected, Natural Gas Connected, Water ConnectedAppliances: Cooktop, Dishwasher, Electric Cooktop, Exhaust Fan, Gas Water Heater, Oven, Water HeaterDishwasherLaundry: Laundry Room |
Heating & Cooling Heating: Central,Natural GasHas CoolingAir Conditioning: Ceiling Fan(s),Central AirHas HeatingHeating Fuel: Central |
Fireplace & Spa Fireplace: Gas Starter, Hearth, Wood BurningHas a Fireplace |
Gas & Electric Has Electric on Property |
Windows, Doors, Floors & Walls Window: Aluminum Frames, Blinds, Double Pane Windows, Vinyl, Vinyl CladDoor: Dead Bolt Lock(s), Double EntryFlooring: Vinyl, Carpet |
Levels, Entrance, & Accessibility Stories: 1Levels: OneFloors: Vinyl, Carpet |
View Has a ViewView: Water |
Security Security: Smoke Detector(s) |
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Exterior Home Features Roof: Architectural ShinglesPatio / Porch: Patio, Porch, Stone/TileFencing: NoneExterior: Rain Gutters, Other, See RemarksFoundation: SlabNo Private Pool |
Parking & Garage Number of Garage Spaces: 2Number of Covered Spaces: 2Has a CarportHas a GarageHas an Attached GarageParking Spaces: 2Parking: Attached,Carport,Storage |
Frontage WaterfrontWaterfront: Lake, Lake Front, Waterfront, OtherOn Waterfront |
Water & Sewer Sewer: Public Sewer, Other |
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Days on Market: 69 |
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Year Built Year Built: 1970 |
Property Type / Style Property Type: ResidentialProperty Subtype: Residential, Single Family ResidenceStructure Type: HouseArchitecture: Traditional |
Building Construction Materials: BrickNot a New Construction |
Property Information Parcel Number: 072e22a0240000 |
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Price List Price: $589,000Price Per Sqft: $157 |
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Direction & Address City: MadisonCommunity: Natchez Trace Village |
School Information Elementary School: Madison AvenueJr High / Middle School: MadisonHigh School: Madison Central |
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Listing Agent Listing ID: 4145246 |
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Building Area Building Area: 3749 Square Feet |
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Community Features: Fishing, Lake |
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HOA Fee Includes: OtherHas an HOAHOA Fee: $50/Annually |
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Lot Area: 1.2 Acres |
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Mobile Home Park Mobile Home Units: Feet |
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Mls Number: 4145246Water ViewWater View: Water |
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FishingLake |
Last check for updates: about 9 hours ago
Listing courtesy of Bethany Culley, (601) 941-5285
Keller Williams, (601) 977-9411
Ronny W Gilmore, (601) 594-1662
(601) 977-9411
Source: MLS United, MLS#4145246
Also Listed on MLS United.
Market trends in Madison
Last updated May 2026
Avg. sale price
$373K
$11.36KMoM
Sale-to-List Price
98.4%
0.3%MoM
Price per sq ft
$175
$5MoM
Available listings
317
2MoM
Price History for 481 Cheyenne Ln
| Date | Price | Event | Source |
|---|---|---|---|
| 05/14/2026 | $589,000 | PriceChange | MLS United #4145246 |
| 04/25/2026 | $649,900 | PriceChange | MLS United #4145246 |
| 04/08/2026 | $689,000 | Listed For Sale | MLS United #4145246 |
| 09/02/2017 | $179,000 | ListingRemoved | Agent Provided |
| 07/18/2017 | $179,000 | PendingToActive | Agent Provided |
| 07/07/2017 | $179,000 | Pending | Agent Provided |
| 05/04/2017 | $179,000 | PriceChange | Agent Provided |
| 04/29/2017 | $199,000 | PendingToActive | Agent Provided |
| 04/06/2017 | $199,000 | Pending | Agent Provided |
| 03/01/2017 | $199,000 | Listed For Sale | Agent Provided |
| 01/16/2017 | $248,000 | ListingRemoved | Agent Provided |
| 09/22/2016 | $248,000 | PriceChange | Agent Provided |
| 07/16/2016 | $274,900 | Listed For Sale | Agent Provided |
| 07/09/2016 | $1,600 | ListingRemoved | Agent Provided |
| 10/26/2015 | $1,675 | ListingRemoved | Agent Provided |
| 09/03/2015 | $1,675 | PriceChange | Agent Provided |
| 06/09/2015 | $1,800 | Listed For Rent | Agent Provided |
Similar Homes You May Like
New Listings near 481 Cheyenne Ln
Property Tax and Assessment
| Year | 2025 |
|---|---|
| Tax | $2,446 |
| Assessment | $235,620 |
Home facts updated by county records
Comparable Sales for 481 Cheyenne Ln
Address | Distance | Property Type | Sold Price | Sold Date | Bed | Bath | Sqft |
|---|---|---|---|---|---|---|---|
0.10 | Single-Family Home | - | 04/17/26 | 4 | 4 | 4,036 | |
0.12 | Single-Family Home | - | 08/28/25 | 3 | 3.5 | 3,662 | |
0.16 | Single-Family Home | - | 04/27/26 | 4 | 2.5 | 2,356 | |
0.06 | Single-Family Home | - | 03/19/26 | 4 | 2 | 2,023 | |
0.26 | Single-Family Home | - | 08/27/25 | 4 | 3 | 2,353 | |
0.24 | Single-Family Home | - | 04/24/26 | 4 | 3.5 | 3,525 | |
0.19 | Single-Family Home | - | 06/12/26 | 4 | 3.5 | 3,908 | |
0.45 | Single-Family Home | - | 11/20/25 | 6 | 3.5 | 4,469 | |
0.30 | Single-Family Home | - | 03/16/26 | 5 | 4.5 | 3,456 | |
0.30 | Single-Family Home | - | 11/07/25 | 4 | 2 | 2,314 |
Nearby homes
Get a sense of prices in the area by checking nearby homes.Assigned Schools
These are the assigned schools for 481 Cheyenne Ln.
What Locals Say about Madison
At least 178 Trulia users voted on each feature.
95 % Say car is needed
93 % Say parking is easy
90 % Say it's dog friendly
90 % Say yards are well-kept
88 % Say there's holiday spirit
83 % Say people would walk alone at night
81 % Say kids play outside
81 % Say it's quiet
76 % Say streets are well-lit
69 % Say there are sidewalks
62 % Say neighbors are friendly
59 % Say they plan to stay for at least 5 years
54 % Say there's wildlife
41 % Say there are community events
17 % Say it's walkable to grocery stores
12 % Say it's walkable to restaurants
Sourced by Trulia users. Learn more about our methodology.
LGBTQ Local Legal Protections
LGBTQ Local Legal Protections
Bethany Culley, Keller Williams, (601) 977-9411
Agent Phone: (601) 941-5285
Information is deemed to be reliable but not guaranteed. Copyright 2026 MLS United, LLC.
481 Cheyenne Ln, Madison, MS 39110 is a 5 bedroom, 3 bathroom, 3,749 sqft single-family home built in 1970. This property is currently available for sale and was listed by MLS United on Apr 8, 2026. The MLS # for this home is MLS# 4145246.

