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BROKER'S OPEN HOUSE!! Wednesday, October 14th from 11am to 1pm!! Experience refined living in the prestigious Riata Equestrian Community. Nestled on 1.75 private acres with a stream bordering the neighborhood walking trail, this exceptional property blends luxury, comfort, and thoughtfully curated upgrades throughout. The custom chef's kitchen features soft-close cabinetry, marble backsplash, double ovens, a 6-burner Thor cooktop, oversized island, walk-in pantry with custom shelving, and reverse osmosis water system. The vaulted family room showcases a striking gas fireplace, upgraded built-in bookcases, and two sets of French doors opening to the covered deck. The main-level owner's suite offers a private retreat with deck access, spa-inspired bath, soaking tub, tiled shower, double vanity, and custom walk-in closet connected directly to the laundry room. Designed for year-round entertaining, the resort-style backyard includes a saltwater pool with tanning ledge, waterfall, bubbler features, fire accents, travertine decking, custom firepit, and covered outdoor living spaces with fireplace and grilling/bar area. Upstairs offers three additional bedrooms, loft space, bonus room, and abundant storage. Additional highlights include custom wood shutters throughout, whole-house water filtration system, mudroom with built-ins, 3-car garage, and a full daylight basement stubbed for a future bath. Luxury, privacy, and exceptional craftsmanship come together in one of Forsyth's most desirable equestrian communities.

Highlights

  • Residential
  • Single Family Residence
  • Built in 2022
  • 1.75 Acre Lot
  • $750/yr HOA
  • 3 Car Garage
  • 46 days on Market

  • Bedrooms
    4
  • Bathrooms
    3 full · 1 half
  • Year Built
    2022
  • Architectural Style
    Craftsman
  • Construction Materials
    Brick, Concrete
  • Garage Spaces
    3.0
  • Parking Features
    Attached, Garage Door Opener, Garage, Kitchen Level
  • Living Area
    3815.0
  • Interior Features
    High Speed Internet, Walk-In Closet(s), Vaulted Ceiling(s), Pantry, Kitchen Island, Master Downstairs, Breakfast Bar, Double Vanity, High Ceilings, Bookcases, Entrance Foyer, Beamed Ceilings, Soaking Tub
  • Appliances
    Dishwasher, Microwave, Tankless Water Heater, Convection Oven, Cooktop, Oven, Double Oven, Gas Water Heater, Stainless Steel Appliance(s)
  • Flooring
    Hardwood, Tile, Carpet
  • Patio And Porch
    Patio, Deck
  • Pool Features
    In Ground, Salt Water
  • Cooling
    Ceiling Fan(s), Central Air, Electric, Heat Pump, Dual
  • Heating
    Electric, Heat Pump, Central
  • Basement
    Full, Unfinished, Daylight, Interior Entry, Bath/Stubbed, Concrete, Exterior Entry

  • Acres
    1.75
  • Lot Features
    Level
  • Utilities
    Cable Available, Electricity Available, Water Available, Phone Available, Underground Utilities
  • Water
    Public

  • County
    Monroe
  • City
    Forsyth
  • Neighborhood
    Riata
  • Zip Code
    31029
  • High School
    Mary Persons
  • Middle School
    Monroe
  • Elementary School
    Hubbard

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Frequently Asked Questions

How do I schedule a tour of 420 Preakness Way?

We can make that happen quickly. Click Tour This Home and we'll connect you directly with our vetted local partner to schedule your visit to 420 Preakness Way.

They know residentials in the area well and can give you the guidance you need to buy with confidence.

How do I get more information about 420 Preakness Way?

Click Ask a Question to talk with our team. You already know it is a 4 bed, 3 bath, listed for $874,900. We can talk through recent upgrades, potential seller motivation, how this single family residence compares to others in Forsyth, and can even get you in to see the property quickly.

How much is the monthly mortgage payment for 420 Preakness Way?

With a 20% down payment and a 30-year fixed loan at an illustrative 7.25% rate, the ez Mortgage Calculator estimates the monthly payment for 420 Preakness Way at around $5,591. This includes estimated property taxes and insurance.

Want to see how this changes with different down payments or interest rates? Jump to the calculator to run the numbers and fine-tune your plan.

How do I get pre-approved to buy 420 Preakness Way?

Stand out in a competitive market by getting pre-approved today. Our quick and private pre-approval process helps you understand your true buying power—no credit pull required to explore all of your options.

Or, let us connect you with our preferred local lender in Monroe County. They will give you all of your available financing options, based on your specific situation and what is available to you.

Can I negotiate the asking price for 420 Preakness Way?

In most cases, yes. Whether 420 Preakness Way is priced competitively or not, your best offer depends on your personal situation, the seller's timeline, and recent activity in Forsyth's market. Our preferred local partner will help you craft a strategy—factoring in comparable properties that have sold, timing, and deal structure—to make a smart, strong offer. Click here to ask about negotiation opportunities.

How do I make an offer on 420 Preakness Way?

We can handle that for you. Our preferred local agent specializes in residentials in Forsyth and can guide you through every step of the offer process.

You need an expert who is looking out for your best interests. From market valuation to contingencies and timing, they'll help you present a compelling offer that fits your goals. Click Ask a Question to get started today.

What is the price per square foot for this home?

This home is listed at $874,900 with 3,815 sqft of space—that comes out to approximately $229 per square foot.

How long has this property been on the market?

420 Preakness Way was listed on September 30, 2026, which means it's been on the market for 46 days.

Want to keep tabs on it? Click the ♥ to favorite this home and get notified of price drops or changes.

When was this house built?

This home was built in 2022, making it approximately 4 years old.

What is the lot size of this property?

420 Preakness Way sits on a 1.75-acre lot, which is 76,230 square feet.

What schools are assigned to this property?

Based on MLS info, this home is zoned for:

  • Elementary: Hubbard
  • Middle: Monroe
  • High: Mary Persons

Want to see how these schools compare? Check out our Monroe County School Guide to see ratings, reviews, and more for the schools in the area.

What are the property taxes for 420 Preakness Way?

The most recent public record shows annual property taxes for 420 Preakness Way were approximately $7,344. This may change with reassessment or exemptions. Our local partner can verify current tax amounts and help you estimate future costs based on your situation.

Is there an HOA fee for this property, and what does it cover?

This home has an HOA fee of $750 paid annually.

Is 420 Preakness Way still available for sale?

Yes, this home is still available! Click the ♥ to favorite it so you don't miss any changes—or ask our local expert to schedule a time to see it in person.

Source: ez Home Search, MLS Data

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Listing information 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. Information deemed reliable but not guaranteed by the MLS. Copyright 2026, Georgia MLS. All rights reserved.

Last Updated: November 15, 2026 at 08:28AM | Source: Georgia MLS | MLS#: 10855923