See other homes in:
Primary listing photo
Listing photo 2

514 Charlotte Dr, Madison, MS, 39110

2beds
2baths
2,163sqft
$724,999
$335price/sqft
$4,691/moest. monthly cost
$187,640/yrincome needed

About This Home

Discover an exceptional opportunity to own a beautifully crafted home in the highly desirable Village at Madison community. Located within one of Madison's premier mixed-use developments, residents enjoy the convenience of having restaurants, shopping, entertainment, and everyday amenities just steps from their front door while maintaining the charm and character of a true neighborhood setting. This thoughtfully designed one-story residence offers 2,163 square feet of living space with 2 bedrooms and 2 full bathrooms, providing an ideal combination of luxury, comfort, and functionality. Inspired by the timeless elegance of the New Orleans Garden District, the home showcases distinctive architectural details, refined finishes, and inviting living spaces that create a warm and sophisticated atmosphere. The gourmet kitchen is equipped with a full suite of premium Viking appliances, making it perfect for both everyday living and entertaining. Designed with today's lifestyle in mind, the property features zero lot lines, allowing for a low-maintenance, lock-and-leave lifestyle without compromising on quality or curb appeal. Situated in the heart of downtown Madison, this home offers unmatched convenience with churches, banks, grocery stores, restaurants, shopping, and other daily necessities all just minutes away. Whether you're looking to downsize, simplify your lifestyle, or enjoy luxury living in one of Madison's most walkable communities, this home offers the perfect blend of architectural charm, upscale finishes, and an unbeatable location. The licensed real estate broker representing this property is also the owner of the home.

Getting Around

13
WalkingCar-Dependent
0
TransitVery Limited Transit
33
BikeSomewhat Bikeable

Schools

10/10
Rosa Scott SchoolGrades 90.2 mi
10/10
Madison Central High SchoolGrades 10-122.1 mi

Construction

Condition

  • Property condition: New Construction
  • New construction: Yes
  • Year built: 2026

Materials

  • Foundation: Slab
  • Roof: Architectural Shingles
  • Construction materials: Cement Siding

Type & Style

  • Home type: SingleFamily
  • Property subType: Residential,Single Family Residence

Interior

Appliances

  • Appliances included: Built-In Refrigerator,Disposal,Gas Cooktop,Ice Maker,Microwave,Tankless Water Heater,Vented Exhaust Fan,Wine Cooler

Bedrooms & Bathrooms

  • Bedrooms: 2
  • Bathrooms: 2
  • Full bathrooms: 2

Features

  • Kitchen Island
  • Fireplace features: Living Room
  • Fireplace: Yes

Heating & Cooling

  • Heating features: Central
  • Cooling features: Ceiling Fan(s),Central Air

Interior Area

  • Total structure area: 2,163
  • Total interior livable area: 2,163 sqft

Property

Accessibility

  • Accessibility features: Accessible Bedroom,Accessible Central Living Area,Accessible Closets,Accessible Common Area,Accessible Doors,Accessible Full Bath,Accessible Hallway(s),Accessible Kitchen,Central Living Area,Roll-in Shower

Details

  • Parcel number: 072c08c064/02.06

Features

  • Levels: One
  • Stories: 1
  • Patio & porch: Front Porch,Porch
  • Exterior features: Covered Courtyard,Lighting,Rain Gutters

Lot

  • Lot size: 4,356 sqft

Parking

  • Total spaces: 2
  • Parking features: Attached,Concrete,Enclosed,Garage Door Opener,Private
  • 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
    TornadoVery High
  • Cold Wave
    Cold WaveRelatively High
  • Hail
    HailModerate
  • Heat Wave
    Heat WaveModerate
  • Ice Storm
    Ice StormModerate
  • Lightning
    LightningModerate
  • Strong Wind
    Strong WindModerate
  • Winter Weather
    Winter WeatherModerate

How This Home’s Risks Compare

Tornado
Cold Wave
Hail
Heat Wave
Ice Storm
Lightning
Strong Wind
Winter Weather

FEMA Declared Disasters in Madison County and Mississippi

Severe Storm
Straight Line Winds
Tornado
Winter Storm

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

MonthlyAnnual
Mortgage $3,665$43,980
Home Insurance *$451$5,412
Property Taxes $374$4,488
Electricity $201$2,413
Total$4,691$56,292
*Does not include cost of any FAIR Plan premiums

Income You'd Need if You Spent...

35% on housing$160,834/yr
40% on housing$140,730/yr
45% on housing$125,093/yr

Mississippi FAIR Plan Programs

Mississippi Windstorm Underwriting Association

Covered
HailHail
WindWind
Visit Website →

Mississippi Residential Property Insurance Underwriting Association

Covered
WildfireWildfire
HailHail
WindWind
Visit Website →
Current Policies
Residential: 2,237Commercial: -4
Total Premiums$1.77M
Total Exposure$137.66M

How 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.

Insurance Growth Rate5-year average: 5.3%
5.3%
0%30.0%
Electricity Growth Rate10-year average: 4.2%
4.2%
0%15.0%
Property Taxes Growth Rate2-year average: -1.3%
-1.3%
0%15.0%
Income Spent on Housing
30%
30%45%

Comparing Against the Market

Price Per Sq Ft

$335This listing

vs Other Active Listings

Avg $/sqft

ZIP 39110$210
Madison County$197

vs Homes Sold Last Month

Median $/sqft

ZIP 39110$179
Madison County$172

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

No price history available

Coming Soon

AgentJohn M Manning
BrokerageManning &Manning Properties, LLC

Similar Homes