142 Preakness Way

$990,000
Price
3
Beds
3,690 Sq. Ft.
$268 / Sq. Ft.
3,690
Sq. Ft.
$268
per Sq. Ft.

Description

Welcome to a life of refined living at 142 Preakness Way, ideally located within the prestigious 55+ community, The Preserve at Marsh Creek. This expanded Wexford model by McKee Builders offers 3,690 square feet, featuring a private gated stone courtyard that exemplifies sophistication, offering an exquisite blend of luxury and comfort, evident in its meticulous design and high-end finishes.
Upon entering, you are greeted by soaring ceilings and custom finishes throughout, including beautiful white
...Welcome to a life of refined living at 142 Preakness Way, ideally located within the prestigious 55+ community, The Preserve at Marsh Creek. This expanded Wexford model by McKee Builders offers 3,690 square feet, featuring a private gated stone courtyard that exemplifies sophistication, offering an exquisite blend of luxury and comfort, evident in its meticulous design and high-end finishes.

Upon entering, you are greeted by soaring ceilings and custom finishes throughout, including beautiful white wall paneling and light oak wide plank flooring. As you continue into the home the chef's kitchen seamlessly integrates with the great room. The kitchen, a culinary masterpiece, features an expansive island with quartz countertops, stainless steel Viking appliances, and wine refrigerator, perfect for hosting gatherings. Also on the first floor, is a large laundry room with a sink and custom built-ins, along with a mudroom featuring more built-in storage to help stay organized. Enjoy the natural light that highlights the light oak, wide plank floors throughout this home.

Adjoining the great room is a formal dining room that opens to a deck, offering serene views for enjoying the tranquil surroundings. The dining room provides additional space unique to this home. The primary suite on the main level is a haven of relaxation, complete with two custom walk-in closets and a spa-like bath. On the second floor, discover a spacious, open, expanded loft, two additional bedrooms, and a full bath, ensuring comfort and convenience for guests.

The fully finished walk-out basement, filled with natural light, offers an expansive entertainment area and a convenient second half bath. A large storage room provides ample space for organization. Step outside the walk-out glass slider to a covered patio.

The community's resort-style amenities include a magnificent clubhouse, pool, fitness center, and walking trails, ensuring a lifestyle of leisure. Situated in the picturesque Chester Springs, this home is a gateway to a low-maintenance lifestyle, mere moments from Marsh Creek Lake and local conveniences. This home is truly turnkey, truly stunning.

Property Details for 142 Preakness Way

Tax ID Number
32-03 -0834
Ownership
Fee Simple
Condo Coop Association
No
HOA
Yes
Structure Type
End of Row/Townhouse
Style
Carriage House, Villa
Levels/Stories
2
Waterfront
No
LISTING UPDATED: 10/29/2025 12:21 AM

Property Details for 142 Preakness Way

StatusActive
MLS #PACT2110238
Days on Market79
Taxes$10,931 / year
HOA Fees$253 / month
Condo/Co-op Fees-
Compass TypeTownhouse
MLS TypeResidential / Fee Simple
Year Built2023
Lot Size0.05 AC / 2,080 SF
CountyChester County
Buyer's Agent Compensation2.5%
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Virtual Tour

Building Information for 142 Preakness Way

Stories2Residences-Year Built2023Lot Size0.05 AC / 2,080 SF

Payment Calculator

$6,056 per month

30 year fixed, 6.28% Interest

Principal and Interest

$4,892

Property Taxes

$911

HOA Dues

$253

The Payment Calculator is for illustrative purposes only.

Property Information for 142 Preakness Way

Location
Location
  • School District Name: DOWNINGTOWN AREA
  • School District County ID: 300200397436
  • SchoolDistrictSource: Listing Agent
  • County: CHESTER
  • MLS Area: Upper Uwchlan Twp (10332)
Waterfront / Water Access
Waterfront / Water Access
  • Water View: No
  • Water Access: No
  • Water Oriented: No
  • Navigable Water: No
  • Tidal Water: No
  • Riparian Rights Y/N: No
Association / Community Info
Association / Community Info
  • Other Fees: $1,500
  • Other Fees Frequency: One Time
  • Senior Comm Age Req: 55
  • Senior Community: Yes
  • Capital Contribution Amount: $1,000
  • Type of Condo: Home Owner Association
Taxes and Assessment
Taxes and Assessment
  • Tax Year: 2025
  • Tax Assessed Value: $286,850
  • Year Assessed: 2025
  • County Tax: $1,481
  • Improvement Assessed Value: $217,810
  • City Town Tax: $297
  • Land Assessed Value: $69,040
  • Clean Green Assessed: No
  • Land Use Code: R55
  • Zoning: RESIDENTIAL
  • Tax Lot: 0834
  • School Tax: $9,153
  • Automatically Update Tax Values Y/N: Yes
Rooms
Main
  • # Bedrooms Count Main Level: 1
  • # Bathrooms Count Main Level: 2
  • # Bathrooms Full Main Level: 1
  • # Bathrooms Half Main Level: 1
All Upper Levels
  • # Bedrooms Count All Upper Levels: 2
  • # Bathrooms Count All Upper Levels: 1
  • # Bathrooms Full All Upper Levels: 1
Upper Level 1
  • # Bedrooms Count Upper Level: 2
  • # Bathrooms Count Upper Level: 1
  • # Bathrooms Full Upper Level: 1
All Lower Levels
  • # Bathrooms All Lower Levels: 1
  • # Bathrooms Half All Lower Levels: 1
Lower Level 1
  • # Bathrooms Lower Level: 1
  • # Bathrooms Half Lower Level: 1
Rooms
  • Stories: Lower 1, Main, Upper 1
Building Info
Building Info
  • Total Finished SQFT: 3,690.00
  • Total Finished SQFT Source: Assessor
Lot / Land Information
Lot / Land Information
  • Lot Size Source: Estimated
  • Parcel ID: 25024902
  • Ground Rent Exists: No
Parking
Parking
  • Type Of Parking: Attached Garage
  • Num of Attached Garage Spaces: 2
  • Total Garage Spaces: 2
  • Garage Features: Garage - Front Entry, Garage Door Opener, Inside Access
Interior Features
Interior Features
  • Fireplace: No
  • Accessibility Features: None
Exterior Features
Exterior Features
  • Pool: Yes - Community
  • Other Structures: Above Grade, Below Grade
Utilities
Utilities
  • Heating: Yes
  • Cooling Type: Central A/C
  • Cooling Fuel: Natural Gas
  • Heating Type: Central
  • Heating Fuel: Natural Gas
  • Hot Water: Natural Gas
  • Water Source: Public
  • Sewer Septic: Public Sewer
Confidential Data
Listing Office
  • List Agent AOR: Tri-County Suburban REALTORS
  • List Agent URL: www.FineHomesontheMainLine.com

Property History for 142 Preakness Way

DateEvent & SourcePriceAppreciation
Oct 26, 2025

Price Change

BRIGHT #PACT2110238

$990,000
Oct 5, 2025

Price Change

BRIGHT #PACT2110238

$1,099,000
Sep 26, 2025

Listed (Active)

BRIGHT #PACT2110238

$1,200,000
Nov 9, 2023

Closed (Public Record)

Public Record #1524738163

$926,217
DateEvent & SourcePrice
10/26/2025

Price Change

BRIGHT #PACT2110238

$990,000
10/05/2025

Price Change

BRIGHT #PACT2110238

$1,099,000
09/26/2025

Listed (Active)

BRIGHT #PACT2110238

$1,200,000
11/09/2023

Closed (Public Record)

Public Record #1524738163

$926,217

For completeness, Compass often displays two records for one sale: the MLS record and the public record.

Public Records for 142 Preakness Way

Taxable ValueLand$69,040Additions$217,810Total$286,850
Tax Record2025$10,587 ($882 / month)
Home Facts
Beds3Total Finished SqFt3,690 SqFtAbove Grade Finished SqFt3,690 SqFtStories2Lot Size2,080 SqFtStyleTownhouseYear Built2023ZoningR2CountyCHESTERAPN3203 08340000

Schools near 142 Preakness Way

This home is within Downingtown Area School District.
Rating
School
Type
Grades
Distance
Public - K to 5
Public - 7 to 8
Public - 9 to 12
Public - 6
Rating
School
Distance
Springton Manor El School
PublicK to 5

Lionville Middle School
Public7 to 8

Downingtown High School East Campus
Public9 to 12

Marsh Creek Sixth Grade Center
Public6

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

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142 Preakness Way is a townhouse for sale in Downingtown, PA 19335. This property was listed for sale on September 26, 2025 by Compass, it's currently listed at $990,000. It has been on the market for a total of 79 days and was last sold on November 9, 2023. This listing's school district is Downingtown Area School District. Nearby schools include Springton Manor El School, Lionville Middle School and Downingtown High School East Campus. 142 Preakness Way is a 3-bed, 4-bath, 3,690 sqft townhouse built in 2023.

No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of descriptions or measurements (including square footage measurements and property condition), such should be independently verified, and Compass expressly disclaims any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. Offers of compensation are subject to change at the discretion of the seller. No financial or legal advice provided. Equal Housing Opportunity.

Based on information from one of the following Multiple Listing Services: BRIGHT, Greater LeHigh Valley Regional MLS, Greator Scranton Board of REALTORS® and Pocono Mountains Association of REALTORS®. Information being provided is for the visitor’s personal, noncommercial use and may not be used for any purpose other than to identify prospective properties visitor may be interested in purchasing. The data contained herein is copyrighted by BRIGHT, Greater LeHigh Valley Regional MLS, Greator Scranton Board of REALTORS® and Pocono Mountains Association of REALTORS® is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited. Property information referenced on this web site comes from the Internet Data Exchange (IDX) program of the MLS. This web site may reference real estate listing(s) held by a brokerage firm other than the broker and/or agent who owns this web site. For the avoidance of doubt, the accuracy of all information, regardless of source, is deemed reliable but not guaranteed and should be personally verified through personal inspection by and/or with the appropriate professionals.