142 Preakness Way, Downingtown, PA 19335 - Photo 1

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$990,000

For Sale
Active
Townhouse
3 Beds
2 Full Baths
2 Partial Baths
3,690 Sq. Ft.
2 Car Garage

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Property 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 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.

Full Property Details

Full Property Details for 142 Preakness Wy

General

Price: $990,000
HOA FEE: $253/month
Taxes: $10,931 (2025)
Status: Active
Type: Townhouse
Source: BrightMLSPhilly
MLS ID: PACT2110238
Updated: 12/17/2025
Added to Site: 112 day(s) ago

Rooms

Bathrooms

Total Bathrooms: 4
Full Bathrooms: 2
Half Bathrooms: 2
Upper Floor Baths: 1
Upper - Full Baths: 1
Main Floor Baths: 2
Main - Full Baths: 1
Main - 1/2 Baths: 1
Lower Floor Baths: 1
Lower - 1/2 Baths: 1

Bedrooms

Total Bedrooms: 3
Bedrooms Upper: 2
Bedrooms Main & Up: 1

Additional Information

Shared Pool: Yes
Pool: Yes

Parking

Garage: Yes
Garage Spaces: 2
Total Spaces: 2
Parking Type: Attached Garage
Garage Description: Garage - Front Entry, Garage Door Opener, Inside Access

Location

Area: Upper Uwchlan Twp (10332)
Municipality: UPPER UWCHLAN TWP
County: CHESTER
Subdivision: MARSH CREEK
Driving Directions: Fetters Blvd to Preakness Way

School Information

School District: Downingtown Area

Community

Association: Yes
Adult Community: Yes

Heating & Cooling

Central air: Yes
Cooling Type: Central A/C
Cooling Fuel: Natural Gas
Heating Type: Central
Heating Fuel: Natural Gas
Water Heater: Natural Gas

Utilities

Sewer: Public Sewer
Water: Public

Structural Information

Architectural Style: Carriage House, Villa
Structure Type: End of Row/Townhouse
Construction: Cement Siding, Stone
Basement: Yes
Basement Desc.: Fully Finished
Foundation: Concrete Perimeter
Stories Description: Lower 1, Main, Upper 1
Square Feet: 3,690
Sq. Ft. Source: Assessor
Living Area: 3,690 Sq. Ft.
Finished Above Grnd: 2,740 Sq. Ft.
Finished Below Grnd: 950 Sq. Ft.
Year Built: 2023
Year Built Source: Assessor

Unit Information

Unit 1

Bathrooms-Lower: 1

Lot Features

Lot Size (Acres): 0.05
Lot Size (Sq. Ft.): 2,080
Lot Size Source: Estimated
Zoning: RESIDENTIAL

Financial Considerations

Price Per Sq. Ft.: $361.31
Association Fee: $253
Assoc Fee Freq.: Monthly
Other Fee: $1,500
Other Fee Freq.: One Time
Assessment Year: 2025
School Tax: $9,153
City/TownTax: $297
City/TownTax Freq: Annually
County Tax: $1,481
County Tax Freq: Annually
Tax w/Assessment: $286,850
Tax Amount: $10,931
Tax Year: 2025
Tax Total Finished Sq. Ft.: 3690

Disclosures and Reports

Ownership: Fee Simple
Exclusions: Window treatments in the second bedroom and the sitting room.
Inclusions: Washer, dryer, refrigerator, television in great room and sound bar, window treatments except ofr the the fabric in the second bedroom and the sitting room.
Lot Number: 834

Listed by Compass Pennsylvania, LLC, Kathy A Gubernick

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Listing agent

— 142 Preakness Wy —

Kathy A Gubernick

Compass Pennsylvania, LLC

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Schools

Schools serving 142 Preakness Wy

School District:Downingtown Area School District

Name	Grades	Distance
Springton Manor El School 400 Fairview Road, Glenmoore, PA 19343	K-5	4 mi
Lionville Middle School 550 West Uwchlan Avenue, Exton, PA 19341	7-8	3.8 mi
Downingtown High School East Campus 50 Devon Drive, Exton, PA 19341	9-12	4.2 mi

Disclaimer: School attendance boundaries provided by Pitney Bowes and are for reference only. Contact the school directly to verify enrollment eligibility.

Price & Sales History for 142 Preakness Wy Get Price Alerts and Save Property

Date

Details

Price

Change

Source

10/26/2025

Price Reduced

$990,000

-9.92%

MLS

10/05/2025

Price Reduced

$1,099,000

-8.42%

MLS

9/26/2025

Listed

$1,200,000

29.56%

MLS

11/09/2023

Sold

$926,217

—

Public Record

Get Price Alerts and Save Property

Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.

Tax History

Tax History for 142 Preakness Wy

Year

Property Taxes

Change

Tax Assessment

Change

2025

$10,587

963%

$286,850

912%

2024

$996

3%

$28,340

—

2023

$968

3238%

$28,340

—

2022

$29

—

$28,340

—

Disclaimer: Historical tax information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.

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142 Preakness Way, Downingtown, PA 19335 (MLS# PACT2110238) is a Townhouse property with 3 bedrooms, 2 full bathrooms and 2 partial bathrooms. 142 Preakness Way is currently listed for $990,000 and was received on September 26, 2025. Want to learn more about 142 Preakness Way? Do you have questions about finding other Townhouse real estate for sale in Downingtown? You can browse all Downingtown real estate or contact a Coldwell Banker agent to request more information.

142 Preakness Wy Downingtown, PA 19335