Looking for modern single-level living in one of the most vibrant waterfront neighborhoods along the Ross Barnett Reservoir?

Welcome to 142 Water Street, brand-new construction by Cedarstone Construction located in the heart of The Town of Lost Rabbit in Madison County, Mississippi. Offered at $573,275, this single-story design delivers 2,222 square feet of well-planned space featuring 3 bedrooms, 2 full bathrooms, and a dedicated private home office.

 

Property Snapshot: 142 Water Street

  • List Price: $573,275

  • Heated / Cooled Area: 2,222 Sq. Ft.

  • Bedrooms: 3 + Private Dedicated Office

  • Bathrooms: 2 Full Bathrooms

    Rear Entry 2 Car Garage

  • Design: Single-Story Open Concept

  • Community: The Town of Lost Rabbit (Madison, MS / Barnett Reservoir)

Smart, Single-Level Living with Quality Finishes

Designed for low-maintenance comfort, 142 Water Street eliminates wasted space and emphasizes open-concept flow and natural light:

 

  • Spacious Living & Dining: A welcoming covered front porch leads into an airy living room anchored by a fireplace, flowing seamlessly into the kitchen and dining area.

  • Gourmet Island Kitchen: Outfitted with a central prep and breakfast island, ample cabinetry, and a walk-in pantry.

  • Dedicated Home Office: Tucked behind classic French doors just off the living area, providing an ideal remote-work sanctuary.

  • Secluded Primary Wing: Located on its own side of the home for privacy, featuring a walk-in closet and an en suite bath with dual vanities, a deep soaking tub, and a separate walk-in shower.

  • Guest Wing & Storage: Two additional bedrooms share a full central bath, positioned alongside a separate laundry room and an attached rear garage.

     

The Lost Rabbit Lifestyle: Waterfront Living on the Reservoir

Living in Lost Rabbit isn’t just about owning a home, it’s about the lifestyle. Located right along the shores of the Ross Barnett Reservoir, this golf-cart-friendly Traditional Neighborhood Development (TND) offers amenities you won’t find anywhere else in the Jackson metro area:

  • Resort-Style Neighborhood Pool: Overlooks the open waters of the Barnett Reservoir.

  • Lost Rabbit Marina: Rentable marina slips and quick access for boating, kayaking, and fishing.

  • Pedestrian & Cart Friendly: Coming in 2027 pickleball and tennis courts, lighted sidewalks, green parks, and manicured common spaces.


    • Frequently Asked Questions About Living in Lost Rabbit

      Where is Lost Rabbit located?

      The Town of Lost Rabbit is situated directly on the western shore of the 33,000 acre Ross Barnett Reservoir in Madison County, MS, off the Natchez Trace Parkway. It combines quiet waterfront living with easy access to Madison, Ridgeland, and Jackson shopping and dining.

      What amenities are included in Lost Rabbit?

      Residents enjoy access to a resort-style community pool overlooking the water, walking trails, parks, a neighborhood town center with general store, gym, and restaurant, and marina facilities with private slip rental opportunities.  Coming in 2027 will be pickle ball and tennis courts.

      Is Lost Rabbit a golf-cart community?

      Yes! Golf carts are one of the primary ways residents get around the neighborhood, travel to the pool, visit the marina and town center, and connect with neighbors.

      Why work with a resident real estate agent in Lost Rabbit?

      Approximately 25% of homes in Lost Rabbit sell off-market before ever being listed publicly on the MLS. Living in the neighborhood gives Donna Taylor firsthand knowledge of upcoming listings, new phase rollouts, and pocket properties before they reach the general public.

  • Schedule Your Private Showing Today

    Ready to tour 142 Water Street or find your dream home in Lost Rabbit? Reach out directly to schedule a private walkthrough:

    • Donna Taylor, Broker / Owner

    • Taylor Realty Group

    • Call / Text: 601-613-9100

    • Website: taylorgroupms.com