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  • $700,000

    1992 Phaethon Ln, Reno, NV 89521

    2beds
    1,661sqft
    Single Family Residence
    Built in 2018
    7,405.2 Square Feet Lot
    $726,500 Zestimate®
    $421/sqft
    $3,058 Estimated rent

    Home value

    $726,500

    $690,000 - $763,000

    $3,058/mo

    Zestimate® history
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    What's special

    As you enter the gates you will find, a truly remarkable residence nestled in the highly sought-after Toll Brothers 55+ Regency at Presidio community. This exquisite home offers an ideal blend of modern elegance, unparalleled craftsmanship, and a location that is simply unbeatable. Situated in a peaceful neighborhood, this property presents a unique opportunity for the discerning buyer seeking both style and convenience., Upon arriving at this magnificent property, you'll immediately appreciate the striking curb appeal and meticulous landscaping that sets the stage for what lies beyond the front door. Step inside and be captivated by the sheer beauty and impeccable design that awaits you. The home boasts an open and airy floor plan, providing a seamless flow between the living spaces. The living room is flooded with natural light, courtesy of large windows that frame the picturesque views of the backyard and mountains. Adjacent to the living room is a formal dining area, perfect for hosting intimate gatherings or festive celebrations. The heart of the home is the kitchen, which showcases stainless steel appliances, sleek cabinetry, and a generous center island with a breakfast bar. This culinary haven is sure to delight and provides the perfect space for culinary creations and casual family meals. Retreat to the luxurious master suite, complete with a private en-suite bathroom and a walk-in closet. An additional well-appointed bedroom offers ample space for family members or guests, featuring its own unique charm and character. Outdoor living is a true delight in this property. Step out onto the expansive patio, where you can relax and unwind while enjoying the serene views and fresh mountain air. The backyard presents a wonderful space for entertaining, gardening, or simply basking in the tranquility of the surroundings. Conveniently located in a highly desirable neighborhood, this home offers easy access to shopping, dining, entertainment, and a variety of outdoor activities. It is also within close proximity to top-rated schools and major transportation routes, making commuting a breeze. Don't miss this incredible opportunity to own a stunning home in South Reno. Discover the perfect blend of luxury, comfort, and convenience that this residence has to offer.

    Zillow last checked: 8 hours ago

    Listing updated: May 14, 2025 at 03:49am

    Listed by:

    Penny Johnson BS.146768 775-770-0029,

    Blue Sierra Realty,

    Cameron Meals S.192695 775-544-4423,

    Blue Sierra Realty

    Bought with:

    Megan Stockwell, S.184371

    Wedgewood Homes Realty

    Source: NNRMLS,MLS#: 230006017MLS Logo

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 2
    • Bathrooms: 2
    • Full bathrooms: 2
    Heating
    • Electric, Fireplace(s), Forced Air, Natural Gas
    Cooling
    • Central Air, Electric, Refrigerated
    Appliances
    • Included: Dishwasher, Disposal, Gas Cooktop, Microwave, Oven, Water Softener Owned, None
    • Laundry: Cabinets, Laundry Area, Laundry Room, Shelves, Sink
    Features
    • Breakfast Bar, Ceiling Fan(s), High Ceilings, Kitchen Island, Smart Thermostat, Walk-In Closet(s)
    • Flooring: Laminate
    • Windows: Blinds, Double Pane Windows, Drapes
    • Has basement: No
    • Number of fireplaces: 1
    • Fireplace features: Gas Log
    Interior area
    • Total structure area: 1,661
    • Total interior livable area: 1,661 sqft

    Property

    Parking
    • Total spaces: 2
    • Parking features: Attached, Garage Door Opener
    • Attached garage spaces: 2
    Features
    • Stories: 1
    • Patio & porch: Patio
    • Exterior features: None
    • Fencing: Back Yard
    • Has view: Yes
    • View description: Mountain(s)
    Lot
    • Size: 7,405 sqft
    • Features: Landscaped, Level, Sprinklers In Front
    Details
    • Parcel number: 14151126
    • Zoning: PD

    Construction

    Type & style
    • Home type: SingleFamily
    • Property subtype: Single Family Residence
    Materials
    • Stucco, Wood Siding
    • Foundation: Slab
    • Roof: Pitched,Tile
    Condition
    • Year built: 2018

    Utilities & green energy

    • Sewer: Public Sewer
    • Water: Public
    • Utilities for property: Electricity Available, Natural Gas Available, Sewer Available, Water Available

    Community & neighborhood

    Security
    • Security features: Keyless Entry, Security Fence, Security System Owned
    Senior living
    • Senior community: Yes
    Location
    • Region: Reno
    • Subdivision: Damonte Ranch Village 6-2

    HOA & financial

    HOA
    • Has HOA: Yes
    • HOA fee: $203 monthly
    • Amenities included: Fitness Center, Gated, Landscaping, Maintenance Grounds, Parking, Pool, Racquetball, Sauna, Spa/Hot Tub, Tennis Court(s), Clubhouse/Recreation Room
    • Second HOA fee: $153 monthly

    Other

    Other facts
    • Listing terms: 1031 Exchange,Cash,Conventional,FHA,VA Loan

    Price history

    DateEventPrice
    9/8/2023Sold$700,000-2.1%$421/sqft
    Source: NNRMLS #230006017 Report a problem
    7/29/2023Pending sale$715,000$430/sqft
    Source: NNRMLS #230006017 Report a problem
    7/19/2023Price change$715,000-2.7%$430/sqft
    Source: NNRMLS #230006017 Report a problem
    6/8/2023Listed for sale$735,000+0.4%$443/sqft
    Source: NNRMLS #230006017 Report a problem
    8/25/2021Sold$732,000+0.3%$441/sqft
    Source: Public Record Report a problem

    Public tax history

    YearProperty taxesTax assessment
    2025$4,978 +3%$174,149 0%
    2024$4,834 +3.1%$174,205 +4.3%
    2023$4,691 +3%$166,971 +20.2%

    Find assessor info on the county website

    Neighborhood: Damonte Ranch

    Nearby schools

    GreatSchools rating
    Schools provided by the listing agent
    • Elementary: Double Diamond
    • Middle: Depoali
    • High: Damonte

    Source: NNRMLS. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.

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    Estimated market value

    $726,500

    Get a cash offer in 3 minutes

    Find out how much your home could sell for in as little as 3 minutes with a no-obligation cash offer.

    Estimated market value

    $726,500