1992 Phaethon Ln, Reno, NV 89521
OFF MARKET

1992 Phaethon Ln
Reno, NV 89521

Damonte Ranch
  • 2 Beds
  • 2 Baths
  • 1,661 sqft

$752,600

Trulia Estimate
as of Jun 20, 2026

$752,600

Trulia Estimate
as of Jun 20, 2026
2 Beds
2 Baths
1,661 sqft

Local Information

Map showing home location
© Google
-- mins to
Commute Destination

Description

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.
This property is off market, which means it's not currently listed for sale or rent on Trulia. This may be different from what's available on other websites or public sources. This description is from May 14, 2025

Home Highlights

Parking
2 Car Garage
Outdoor
Patio
A/C
Heating & Cooling
HOA
$203/Monthly
Price/Sqft
No Info
Listed
180+ days ago

Home Details for 1992 Phaethon Ln

Active Status

MLS Status: Closed

Interior Features

Beds & Baths
Number of Bedrooms: 2Number of Bathrooms: 2Number of Bathrooms (full): 2
Dimensions and Layout
Living Area: 1661 Square Feet
Appliances & Utilities
Utilities: Electricity Available, Natural Gas Available, Sewer Available, Water AvailableAppliances: Dishwasher, Disposal, Gas Cooktop, Microwave, Oven, Water Softener Owned, NoneDishwasherDisposalLaundry: Cabinets,Laundry Area,Laundry Room,Shelves,SinkMicrowave
Heating & Cooling
Heating: Electric,Fireplace(s),Forced Air,Natural GasHas CoolingAir Conditioning: Central Air,Electric,RefrigeratedHas HeatingHeating Fuel: Electric
Fireplace & Spa
Number of Fireplaces: 1Fireplace: Gas LogHas a Fireplace
Windows, Doors, Floors & Walls
Window: Blinds, Double Pane Windows, DrapesFlooring: Laminate
Levels, Entrance, & Accessibility
Stories: 1Floors: Laminate
View
Has a ViewView: Mountain(s)
Security
Security: Keyless Entry, Security Fence, Security System Owned

Exterior Features

Exterior Home Features
Roof: Pitched TilePatio / Porch: PatioFencing: Back YardExterior: NoneFoundation: Slab
Parking & Garage
Number of Garage Spaces: 2Number of Covered Spaces: 2No CarportHas a GarageHas an Attached GarageParking Spaces: 2Parking: Attached,Garage Door Opener
Frontage
Road Frontage: OtherResponsible for Road Maintenance: Public Maintained RoadNot on Waterfront
Water & Sewer
Sewer: Public Sewer
Farm & Range
Not Allowed to Raise Horses

Days on Market

Cumulative Days on Market: 92

Property Information

Year Built
Year Built: 2018
Property Type / Style
Property Type: ResidentialProperty Subtype: Single Family Residence
Building
Construction Materials: StuccoNot Attached Property
Property Information
Parcel Number: 14151126

Price & Status

Price
List Price: $715,000
Status Change & Dates
Off Market Date: Fri Sep 08 2023Possession Timing: Close Of Escrow

Location

Direction & Address
City: RenoCommunity: Damonte Ranch Village 6-2
School Information
Elementary School: Double DiamondJr High / Middle School: DepoaliHigh School: Damonte

Building

Building Area
Building Area: 1661 Square Feet

Community

Is a Senior Community

HOA

HOA Fee (second): 153HOA Fee Frequency (second): MonthlyHas an HOAHOA Fee: $203/Monthly

Lot Information

Lot Area: 7405.2 sqft

Offer

Listing Terms: 1031 Exchange, Cash, Conventional, FHA, VA Loan

Miscellaneous

Mls Number: 230006017

Additional Information

HOA Amenities: Fitness Center,Gated,Landscaping,Maintenance Grounds,Parking,Pool,Racquetball,Sauna,Spa/Hot Tub,Tennis Court(s),Clubhouse/Recreation Room
Last check for updates: about 3 hours ago
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, (775) 762-9229, Wedgewood Homes Realty
Source: NNRMLS, MLS#230006017

Price History for 1992 Phaethon Ln

DatePriceEventSource
09/08/2023$700,000Sold
NNRMLS #230006017
07/29/2023$715,000PendingNNRMLS #230006017
07/19/2023$715,000PriceChange
NNRMLS #230006017
06/08/2023$735,000Listed For SaleNNRMLS #230006017
08/25/2021$732,000Sold
N/A
07/24/2021$729,900PendingRE/MAX International #210010188
07/15/2021$729,900Listed For SaleRE/MAX International #210010188
12/06/2018$479,294Sold
N/A

Market trends in Damonte Ranch

Last updated May 2026
Buyer'sMarketSeller'sMarket
Avg. sale price
$757K
$46.9K
MoM
Sale-to-List Price
99.2%
0.1%
MoM
Price per sq ft
$331
$5
MoM
Available listings
141
9
MoM
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Property Tax and Assessment

Year2026
Tax$5,131
Assessment$490,235
Home facts updated by county records

Homeowner tools

Estimated monthly rent$2,844/mo

Homes for rent near 1992 Phaethon Ln

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Comparable Sales for 1992 Phaethon Ln

Address
Distance
Property Type
Sold Price
Sold Date
Bed
Bath
Sqft
0.03
Single-Family Home
$745,000
07/15/25
2
2
1,661
0.05
Single-Family Home
$736,000
06/12/26
2
2
1,690
0.05
Single-Family Home
$715,000
08/14/25
2
2
1,661
0.24
Single-Family Home
$750,000
09/26/25
2
2
1,661
0.06
Single-Family Home
$750,000
12/30/25
2
2.5
2,198
0.23
Single-Family Home
$770,000
06/16/26
2
2
1,661
0.24
Single-Family Home
$800,000
12/30/25
2
2
1,661
0.16
Single-Family Home
$699,000
09/26/25
3
2
1,729
0.23
Single-Family Home
$825,000
11/12/25
2
2
2,031
0.30
Single-Family Home
$688,000
09/04/25
2
2
1,661

Nearby homes

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Assigned Schools

These are the assigned schools for 1992 Phaethon Ln.
The GreatSchools Rating compares schools on a variety of school quality indicators including test scores, college readiness, equity and more. Learn more.

Neighborhood Overview

Neighborhood stats provided by third party data sources.

What Locals Say about Damonte Ranch

At least 111 Trulia users voted on each feature.
  • 97 % Say car is needed

  • 95 % Say it's dog friendly

  • 87 % Say there are sidewalks

  • 84 % Say parking is easy

  • 84 % Say yards are well-kept

  • 83 % Say people would walk alone at night

  • 82 % Say it's quiet

  • 77 % Say there's wildlife

  • 77 % Say there's holiday spirit

  • 76 % Say streets are well-lit

  • 70 % Say kids play outside

  • 62 % Say neighbors are friendly

  • 56 % Say they plan to stay for at least 5 years

  • 33 % Say there are community events

  • 32 % Say it's walkable to restaurants

  • 20 % Say it's walkable to grocery stores

Sourced by Trulia users. Learn more about our methodology.
  • Steve Schoenberger
    "Nice and safe. Everyone is aware of keeping the neighborhood safe and being friendly. "
  • Steve Schoenberger
    "Love the area, very safe and easy access to everything you would need. Freeway and veterans pkwy make everything easy to get to "
  • Kayla M
    "People walk their dogs around here all the time. Very pet friendly community where the neighbors are all very kind and welcoming. "
  • Jeff.gail
    "I drive 10 minutes to work, so I can’t complain. Mostly through neighborhoods, avoiding freeways for the most part."
  • Ittybitty0510
    "it’s really great and i really like the area there’s a lot of people you can become friends with and bunch of food places"
  • Trulia User
    "My neighborhood has great Access to restaurants and stores. Great access to Reno proper as well as a very easy drive to pyramid lake to the north Washoe lake Tahoe lake to the south and southeast."
  • Trulia User
    "My neighborhood park has a dog park that there's always a ton of people in their dogs out I think it's a great community for people that own their dogs"
  • Nathan G.
    "I think dog walkers would love the neighborhood because there are paths, parks, slow speed limit, and other friendly dogs. "
  • Sara L.
    "This is a beautiful neighborhood that’s very friendly. The shopping nearby is clean and tidy- restaurant choice are upscale"
  • Scott J.
    "lots of people watch and critiquing you. lots of busy bodies and Karen's around. just beware. lots of sidewalks. "
  • Wllm7456
    "Dog are going to love good parks and easy access to trails. Plenty of dog friends to play with as well"
  • Sherry A. .
    "Great area everybody takes well care of their home no junk cars very family oriented as well as lots of older people"
  • Jonathan L.
    "I have lived here for 10 years. It’s still fairly safe and growing. Lots of building going on for homes and retail businesses"
  • Pdc520
    "Love our neighborhood- wild horses and all. People are friendly and family oriented. Mature plantings make it more special than the new developments."
  • Sherry J.
    "I live here very mice and quite close by many restaurants and grocery stores as well as other shops "
  • Clairecuratolo
    "My commute is easy . Veterans runs smooth. South meadows to I580 gets a little congested. Safeway will be a great addition this year. "
  • Makaylakessler
    "Well kept and family oriented. Nice model homes, school near by, conveniently close to anywhere all things in South Reno. "
  • Sherry A. .
    "Everyone cares about the appearance of their home their yards their cars no trashy anything and the neighborhood and neighbors are all nice good people,"
  • Sntraitel
    "It’s a beautiful, well kept and safe neighborhood with good schools and overall great location for families or young couples starting out who don’t want to be in the hustle and bustle of downtown or midtown "
  • Angela W.
    "They wouldn’t like the amount of off leashed dogs and the amount of feces left by owners! They would like the trail...if they don’t mind all the poop🤷🏻‍♀️"
  • Steve B
    "Great area to live. Housing costs are inflated along with the rental market. Beware of property management companies, especially Realty Blvd, if you plan to rent. I recommend you avoid them if you can."
  • Osuzqgirl
    "There’s nothing negative to mention some renters move in with pretty territorial dogs that bark but that’s all"
  • Osuzqgirl
    "The neighbors are wonderful. It’s quiet. Friendly. Classy. There’s walking trails I feel safe at. Safe neighborhood. Dog friendly. "
  • Worrellbon
    "Nice quiet area. Nice neighbors. Great places to walk. Good Mountain View’s. Good schools. Lots of shopping centers "
  • Angela W.
    "Lots of unleashed dogs and people do not pick up after their dogs despite poopy bags readily available along with waste receptacles. "

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Homes for sale near 1992 Phaethon Ln

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Off Market Homes Near 1992 Phaethon Ln

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IDX information is provided exclusively for 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 is deemed reliable but not guaranteed. The content relating to real estate for sale on this web site comes in part from the Broker Reciprocity/ IDX program of the Northern Nevada Regional Multiple Listing Service°. Real estate listings held by brokerage firms other than Zillow, Inc. are marked with the Broker Reciprocity logo and detailed information about those listings includes the name of the listing brokerage. Any use of the content other than by a search performed by a consumer looking to purchase or rent real estate is prohibited. © 2025 Northern Nevada Regional Multiple Listing Service® MLS. All rights reserved.
1992 Phaethon Ln, Reno, NV 89521 is a 2 bedroom, 2 bathroom, 1,661 sqft single-family home built in 2018. 1992 Phaethon Ln is located in Damonte Ranch, Reno. This property is not currently available for sale. 1992 Phaethon Ln was last sold on Sep 8, 2023 for $700,000 (2% lower than the asking price of $715,000). The current Trulia Estimate for 1992 Phaethon Ln is $752,600.