114 Grayson Way, Madison, MS, 39110
About This Home
Your Dream Home Awaits in Lake Caroline ! BUILDER CONCESSIONS offered, to be used at BUYER'S DISCRETION. Step into this beautifully crafted new construction home in the highly sought-after Lake Caroline subdivision, where resort-style living meets modern luxury. This spacious 4-bedroom, 3-bath home with an office is move-in ready and offers 2,241 square feet of open-concept living designed for comfort and style. KEY FEATURES YOU'LL LOVE OPEN FLOOR PLAN - ideal for both family living and entertaining. OFFICE - a quiet and private, perfect for remote work or study. CHEF'S KITCHEN - features a large kitchen island, walk-in pantry, and sleek finishes. SPACIOUS MASTER SUITE - relax in your private retreat with an elegant master bath and direct access to the laundry room for added convenience. LARGE LOT with PRIVACY - enjoy the peace of no rear neighbors and entertain year-round on the Covered Patio. 🌟 Living in Lake Caroline means more than just a beautiful home — it's a lifestyle! Residents enjoy access to: BOATING & FISHING - explore the scenic lake and spend your days on the water. CHAMPIONSHIP GOLF COURSE - perfect your swing on a top-notch course. TENNIS COURTS - stay active and connect with neighbors. COMMUNITY EVENTS - a welcoming neighborhood with year-round events for all ages. This home is priced to sell and ready for your next chapter. With fresh design, privacy, and an unbeatable location in Lake Caroline, it's time to make this house your home! Schedule your showing today and experience Lake Caroline living at its best!
Getting Around
Car-Dependent
Very Limited Transit
Somewhat BikeableSchools
Construction
Condition
- Property condition: Under Construction
- New construction: Yes
- Year built: 2026
Materials
- Foundation: Post-Tension
- Roof: Architectural Shingles
- Construction materials: Brick
Type & Style
- Home type: SingleFamily
- Architectural style: Other
- Property subType: Residential,Single Family Residence
Interior
Appliances
- Appliances included: Dishwasher,Disposal,Free-Standing Gas Range,Microwave,Tankless Water Heater
Bedrooms & Bathrooms
- Bedrooms: 4
- Bathrooms: 3
- Full bathrooms: 3
Features
- Double Vanity,Open Floorplan,Pantry,Recessed Lighting,Soaking Tub,Stone Counters,Walk-In Closet(s),Kitchen Island
- Fireplace: Yes
Heating & Cooling
- Heating features: Central,Fireplace(s),Natural Gas
- Cooling features: Ceiling Fan(s),Central Air,Gas
Interior Area
- Total structure area: 2,241
- Total interior livable area: 2,241 sqft
Property
Details
- Parcel number: Unassigned
Features
- Levels: One
- Stories: 1
- Patio & porch: Patio
- Exterior features: None
Lot
- Lot size: 0.40 Acres
- Features: Front Yard,Landscaped,Near Golf Course
Parking
- Total spaces: 2
- Parking features: Garage Door Opener
- Has garage: Yes
- Attached garage spaces: 2
- Covered spaces: 2
Climate Risk is Financial Risk
Every home has a financial story beyond the listing price. Below, you’ll see the climate risks that could affect this property — and in Bills & Affordability, how those risks may influence repairs, insurance, utilities, and long-term value.
Biggest Threats for This Home
- Tornado
- Cold Wave
- Heat Wave
- Lightning
- Strong Wind
- Winter Weather
- Hail
- Inland Flooding
- Ice Storm
How This Home’s Risks Compare
FEMA Declared Disasters in Madison County and Mississippi
Understanding the Costs
Financial advisors generally recommend spending no more than 30% of your gross household income on housing costs. In practice, many households stretch to 35% or beyond — especially in high-cost markets.
Estimated Costs Today
| Monthly | Annual | |
|---|---|---|
| Mortgage | $2,381 | $28,572 |
| Home Insurance * | $293 | $3,516 |
| Property Taxes | $243 | $2,916 |
| Electricity | $208 | $2,500 |
| Total | $3,125 | $37,500 |
Income You'd Need if You Spent...
Mississippi FAIR Plan Programs
Mississippi Residential Property Insurance Underwriting Association
WildfireHailWindHow Costs Could Change Over Time
Climate risk is quickly impacting all of the major home ownership costs. Adjust the growth rates and percentage of income spent on housing below to see how your housing costs could change over the next 10 years — and what income you'd need to keep up.
Comparing Against the Market
Price Per Sq Ft
vs Other Active Listings
Avg $/sqft
vs Homes Sold Last Month
Median $/sqft
Current Market Trends
Median Price Per Square Foot
The median price per square foot of homes sold in this area each month. Compare this to this listing's price per square foot to gauge whether the home is priced in line with recent sales.
Historicals for This Listing
Zestimate History ($/sqft)
Price History
| Date | Event | Price |
|---|---|---|
| 2025-10-02 | Listed for sale | $472,000 |
View on Zillow