- 5
- beds
- 3
- baths
- 3,749
- sqft
- 1970
- year built
- Status:
- Active
- MLS #:
- 4145246
- Neighborhood:
- Natchez Trace Village
- County:
- Madison
- Listed By:
- Bethany Culley - Keller Williams
- Agent Phone:
- (601) 941-5285
- Agent Email:
- bethanyculley@gmail.com
Sponsoring Broker: Edward Donovan, Continental Real Estate Group, Inc
Come see fall at its finest in one of Madison County's finest lake neighborhoods! Natchez Trace Village is showing out and nowhere is better than 481 Cheyenne Lake! This home has been fully rennovated and December 4th will have the finishing touch of quartz countertops! PLUS $100,000 instant equity (below March 2026 appraisal) 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.
Highlights
- Residential
- Single Family Residence
- Built in 1970
- 1.2 Acre Lot
- $50/yr HOA
- Waterfront
- 2 Car Garage
- 214 days on Market
-
- Bedrooms
- 5
-
- Bathrooms
- 3
-
- Year Built
- 1970
-
- Stories
- 1.0
-
- Architectural Style
- Traditional
-
- Construction Materials
- Brick
-
- Foundation
- Slab
-
- Garage Spaces
- 2.0
-
- Parking Features
- Attached, Garage, Carport
-
- Interior Features
- High Speed Internet, Ceiling Fan(s), Eat-in Kitchen, Walk-In Closet(s), Pantry, Storage, Master Downstairs, Breakfast Bar, Double Vanity, Recessed Lighting, Open Floorplan, Entrance Foyer, Crown Molding
-
- Appliances
- Dishwasher, Electric Cooktop
-
- Flooring
- Vinyl, Carpet
-
- Exterior Features
- Other, Rain Gutters
-
- Patio And Porch
- Patio, Porch
-
- Security Features
- Smoke Detector(s)
-
- Cooling
- Ceiling Fan(s), Central Air
-
- Heating
- Natural Gas, Central
-
- Acres
- 1.2
-
- Lot Features
- Waterfront
-
- Water Front Features
- Lake
-
- Water Front
- Yes
-
- Utilities
- Natural Gas Available, Natural Gas Connected, Electricity Connected, Water Connected
-
- Water
- Public
-
- County
- Madison
-
- City
- Madison
-
- Neighborhood
- Natchez Trace Village
-
- Zip Code
- 39110
-
- High School
- Madison Central
-
- Middle School
- Madison
-
- Elementary School
- Madison Avenue
-
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Estimated Value
$651,215
Estimated Sales Price Range:
$618,654 - $683,775
Source: Constellation Data Labs
Price History
| 05/14/2026 | Price Changed | $589,000 |
| Source: MLS United #4145246 | ||
| 04/08/2026 | Listed | $689,000 |
| Source: MLS United #4145246 | ||
Source: MLS Data
Mortgage History
| 04/19/2010 | Coventional | $113,050 |
| 03/14/2006 | Credit Line (Revolving) / HELOC | $50,000 |
Source: Public records via Constellation Data Labs
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There are currently 243 properties available in Madison, with 5 under contract to close soon. Properties in the city have an average sale price of $596,635 and typically spend 0 days on the market before being sold.
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Source: ez Home Search, MLS Data
Frequently Asked Questions
How do I schedule a tour of 481 Cheyenne Ln?
We can make that happen quickly. Click Tour This Home and we'll connect you directly with our vetted local partner to schedule your visit to 481 Cheyenne Ln.
They know residentials in the area well and can give you the guidance you need to buy with confidence.
How do I get more information about 481 Cheyenne Ln?
Click Ask a Question to talk with our team. You already know it is a 5 bed, 3 bath, listed for $589,000. We can talk through recent upgrades, potential seller motivation, how this single family residence compares to others in Madison, and can even get you in to see the property quickly.
How do I get a virtual tour of 481 Cheyenne Ln?
Yes! A virtual tour is available for 481 Cheyenne Ln. Click here to view the full walkthrough and explore every room at your own pace. If you would like a guided virtual showing or have questions along the way, we can connect you with our local expert to walk you through it live.
How much is the monthly mortgage payment for 481 Cheyenne Ln?
With a 20% down payment and a 30-year fixed loan at an illustrative 6.75% rate, the ez Mortgage Calculator estimates the monthly payment for 481 Cheyenne Ln at around $3,397. This includes estimated property taxes and insurance.
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How do I get pre-approved to buy 481 Cheyenne Ln?
Stand out in a competitive market by getting pre-approved today. Our quick and private pre-approval process helps you understand your true buying power—no credit pull required to explore all of your options.
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Can I negotiate the asking price for 481 Cheyenne Ln?
In most cases, yes. Whether 481 Cheyenne Ln is priced competitively or not, your best offer depends on your personal situation, the seller's timeline, and recent activity in Madison's market. Our preferred local partner will help you craft a strategy—factoring in comparable properties that have sold, timing, and deal structure—to make a smart, strong offer. Click here to ask about negotiation opportunities.
How do I make an offer on 481 Cheyenne Ln?
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You need an expert who is looking out for your best interests. From market valuation to contingencies and timing, they'll help you present a compelling offer that fits your goals. Click Ask a Question to get started today.
What is the price per square foot for this home?
This home is listed at $589,000 with 3,749 sqft of space—that comes out to approximately $157 per square foot.
How long has this property been on the market?
481 Cheyenne Ln was listed on April 08, 2026, which means it's been on the market for 214 days.
Want to keep tabs on it? Click the ♥ to favorite this home and get notified of price drops or changes.
When was this house built?
This home was built in 1970, making it approximately 56 years old.
What is the lot size of this property?
481 Cheyenne Ln sits on a 1.2-acre lot, which is 52,272 square feet.
What schools are assigned to this property?
Based on MLS info, this home is zoned for:
- Elementary: Madison Avenue
- Middle: Madison
- High: Madison Central
Want to see how these schools compare? Check out our Madison County School Guide to see ratings, reviews, and more for the schools in the area.
What are the property taxes for 481 Cheyenne Ln?
The most recent public record shows annual property taxes for 481 Cheyenne Ln were approximately $2,446. This may change with reassessment or exemptions. Our local partner can verify current tax amounts and help you estimate future costs based on your situation.
Is there an HOA fee for this property, and what does it cover?
This home has an HOA fee of $50 paid annually.
Is 481 Cheyenne Ln still available for sale?
Yes, this home is still available! Click the ♥ to favorite it so you don't miss any changes—or ask our local expert to schedule a time to see it in person.
Source: ez Home Search, MLS Data
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Listing information provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information deemed reliable but not guaranteed by the MLS. The listing broker’s offer of compensation is made only to participants of the MLS where the listing is filed. Copyright 2026, MLS United. All rights reserved.
Last Updated: November 08, 2026 at 07:24AM | Source: MLS United | MLS#: 4145246