254 Waters Edge Drive, Madison
(256) 808-6861
Wyze Realty
Madison · ZIP 35758
A Madison neighborhood with townhomes and condos built 1988 to 1993, typically about 850 sq ft.
As of November 1, 2026. Compiled by Wyze Realty.
As of November 1, 2026, 7 homes are for sale in Waters Edge, asking $140,000 to $194,000 (median $175,000, about $175 per sq ft), with 0 under contract.
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Enter your home's finished square footage for an instant range based on similar-size Waters Edge sales.
For another size, call (256) 808-6861 or request a free value.
$135,000 to $150,000
For a typical 850 sq ft home here. Middle of the range: about $135,000. Based on 3 Waters Edge resales between 751 and 987 sq ft in the last 12 months.
Size-only estimate, not an appraisal. Kitchens, roofs, lots and streets can move a home above or below it. For your exact value, ask for a free, no-pressure walk-through.
Resales in Waters Edge over the last 3 years, sorted into size groups, so you can compare like with like.
| Home size | Sales | Median | Range |
|---|---|---|---|
| Under 1,600 sq ft | 5 | $145K | $130K to $158K$161 per sq ft |
Homes for sale now ask about $175 per sq ft against $177 for recent sales. The typical seller here took about 8% less than the first asking price, so pricing right from day one matters.
All 5 sales in the last 3 years. Street names only; days are from listing to closing.
| Street | Sq ft | Sold | Closed |
|---|---|---|---|
| Waters Edge Lane2 bd / 2 ba | 987 | $158K$160/sq ft | Oct 2026326 days |
| Waters Edge Lane2 bd / 0.75 ba | 751 | $145K$193/sq ft | Oct 2026330 days |
| Waters Edge Lane1 bd / 1 ba | 614 | $130K$212/sq ft | Aug 202639 days |
| Waters Edge Lane2 bd / 2 ba | 868 | $140K$161/sq ft | Jul 202657 days |
| Waters Edge Lane2 bd / 2 ba | 1,040 | $150K$144/sq ft | Feb 202565 days |
Every recent Waters Edge listing shows the same assigned schools in Madison City Schools.
Assigned schools per the listings. Zone lines can change, so verify a specific address with Madison City Schools before you buy.
Waters Edge is in Madison, ZIP 35758. Use the map search to see every home listed under this name.
Homes that have sold or listed recently were built from 1988 to 1993 and range from about 600 to 1,050 sq ft. That makes it mostly 1980s and 1990s construction.
Resale and new home sales in the last 12 months, nearest first. Tap a name to open its page.
| Neighborhood | Sales | Median | Per sq ft |
|---|---|---|---|
| Waters Edgethis page | 4 | $142K | $177 |
| Waters Edge VillageFirst platted 1987, 184 lots | 4 | $162K | $204 |
| Hughes HeightsFirst platted 1958, 71 lots | 5 | $255K | $186 |
| Madison Towne Centre | 6 | $188K | $180 |
| The Villas At Madison | 11 | $290K | $174 |
| Neighborhood | Sales | Median | Per sq ft |
|---|---|---|---|
| BrentwoodFirst platted 1978, 18 lots | 2 | $289K | $194 |
| Clift AcresFirst platted 1963, 118 lots | 4 | $242K | $205 |
All sales, including new homes, so every row compares the same way. Neighborhoods with fewer than 2 sales are left out.
More nearby: Madison neighborhoods · ZIP 35758 market
As of November 1, 2026, 4 resale homes in Waters Edge sold in the last 12 months at a median price of $142,500, or $177 per square foot. Most sales fall between about $130K and $158K depending on size.
Start with homes of a similar size: a typical 850 sq ft home here would fall around $135,000 to $150,000 based on recent resales. Updates, condition, lot and street can move a home outside that range, so for a real number request a free home value and we will compare your home with the closest sales.
The median home took 191 days from listing to closing in the last 12 months, and 2 of 4 closed within 60 days. Sellers got a median of 91.8% of their original asking price.
Listings in Waters Edge show MidTown Elementary, Discovery Middle and Bob Jones High School in Madison City Schools. Zone lines can change, so verify a specific address with the district.
Homes that have sold or listed recently were built from 1988 to 1993.
Thinking about a move in or out of Waters Edge? Ask us anything; you will get a plain answer and no sales pitch.
Source: ValleyMLS; deemed reliable but not guaranteed. Homes, townhomes and condos listed under the subdivision name Waters Edge in ZIP 35758. Figures are medians as of November 1, 2026. This is general market information, not an appraisal or a value opinion for any specific home.

Listing data is derived in whole or in part from NALMLS and is for consumers' personal, non-commercial use only. All data should be independently verified..
This information is 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. Data is deemed reliable but not guaranteed.
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