Metro Atlanta real estate · Home loans in Georgia & California

Featured: a 2021 Suwanee home with 7 bedrooms, two full kitchens and North Gwinnett schools, $944,000

5296 Cheval Ct: a 2021 home on a Suwanee cul-de-sac with 7 bedrooms, 5 baths and 5,932 sq ft, a second full kitchen and its own entry in the finished basement, assigned to North Gwinnett High. Listed at $944,000 after a $31,000 cut, about $159 per square foot. Photos, the price comparison and what to work out before you buy.

Front of 5296 Cheval Ct, Suwanee

This week's featured home is in Suwanee: 5296 Cheval Ct. The listing agent is again my Virtual Properties Realty colleague Judy Chin, who also listed 360 Dewpoint Ln in Johns Creek.

Why it's worth a look: built in 2021, 7 bedrooms, 5 baths, nearly 6,000 sq ft, a second full kitchen in the basement, North Gwinnett schools, and a list price of $944,000, about $159 per square foot.

$944,000List price (cut from $975,000 on Oct. 14)
7 bd · 5 ba5,932 sq ft on three levels
2 kitchensMain level and basement
~$159/sq ftA 2023 sale in the community: ~$231/sq ft

A cul-de-sac lot, three finished levels

The home is in Sophia Downs in Suwanee, at the end of a cul-de-sac with no through traffic. Built in 2021, brick front, covered front porch.

Front of the home
On a cul-de-sac in Sophia Downs
Front porchTwo-story foyer
Front porch and two-story foyer

Main level: coffered great room and a big white kitchen

The two-story foyer has a formal dining room with wainscoting and a coffered ceiling on one side, and a bright study with French doors and bay windows on the other.

Formal dining roomMain-level study
Dining room and main-level study

The great room has a coffered ceiling and a brick fireplace, and is fully open to the kitchen.

Great room
Great room open to the kitchen

The kitchen has white cabinetry, a large quartzite island, a gas cooktop and double ovens, with a walk-in pantry next to it and a breakfast area that opens to the covered deck. The main level also has a bedroom and a full bath.

KitchenKitchen island
Quartzite island and double ovens

Upstairs: primary suite and loft

A loft overlooks the foyer. The primary suite has a tray ceiling and a sitting area, a walk-in closet with a center island, and a bath with a soaking tub, glass shower and double vanity.

Primary suitePrimary bath
Primary suite and bath
Walk-in closetUpstairs bedroom
Closet and an upstairs bedroom

Basement: a second kitchen and its own entry

The standout is the basement: finished, with daylight, a recreation room with a coffered ceiling, a full kitchen with an island, a bedroom or flex rooms, a full bath with a tiled shower and laundry, plus interior and exterior entries.

Basement recreation roomBasement kitchen
Recreation room and second kitchen

Parents staying long term, visiting family, or grown kids who want their own space can each have a floor and a kitchen. Last week a couple I toured new homes with said it the moment we walked in: "My parents are moving here next spring. We need a suite on the main floor." This home has room on the main level and downstairs.

Outside: covered deck with a swing, fenced yard

Deck swingCovered patio
Covered deck with a swing and the patio below
Backyard
Fenced lawn

How the price looks

  • One cut so far: listed Sept. 14 at $975,000 and reduced Oct. 14 to $944,000, about $31,000 less; the listing says it's priced below appraisal (price history on Homes.com).
  • Price per foot: $944,000 ÷ 5,932 sq ft is about $159/sq ft. In the same community, 5265 Sophia Downs (4 bedrooms, 3,009 sq ft, also 2021) sold for $696,000 in October 2023, about $231/sq ft. This home is nearly twice the size for $248,000 more.
  • The market: per Georgia MLS, September pending sales in Atlanta's 12 core counties were down 24.8% from a year ago, so buyers have more room to negotiate than last year.

Three things to work out at this price

  • The loan: the 2026 conforming loan limit in metro Atlanta is $832,750 (FHFA); above that it's a jumbo loan. This price sits near that line, so your down payment decides which one you use. I'll quote both for your situation. Atlanta mortgages
  • Property tax: county records show about $13,312 for 2025 (the MLS shows $986; the two don't match, so go by the Gwinnett tax commissioner's record). After closing it's based on the new assessment; file for homestead if you live there. Try the property tax calculator.
  • Schools: assigned to Riverside Elementary, North Gwinnett Middle and North Gwinnett High. Confirm by address with Gwinnett County Public Schools before signing, or check my school zone map.

Want to see it?

Judy and I can both set up showings, and if you're not in Atlanta, start with a WeChat or FaceTime video tour. All 30 photos and full details are on the listing page.

Listing information and photos: listing agent Judy Chin, Virtual Properties Realty (Georgia MLS #10845506). Information is provided by the listing agent and should be independently verified.

Sources: Homes.com: 5296 Cheval Rue Ct price and tax history; Georgia MLS listing #10845506 (Judy Chin, Virtual Properties Realty); 5265 Sophia Downs, sold Oct. 31, 2023 (MLS record); Atlanta Agent Magazine: Georgia MLS September 2026 report; FHFA: conforming loan limit values for 2026

See the listing and all 30 photos
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