1992 Phaethon Ln, Reno, NV 89521
Property image
Property image
OFF MARKET

$741,900

Trulia Estimate
  • 2 Beds
  • 2 Baths
  • 1,661 sqft

1992 Phaethon Ln, Reno, NV 89521

Damonte Ranch
Est. Refi. Payment $4,197/mo*
Refinance Your Home
Currently Off Market - Sold Sep 8, 2023 for $700,000

Home Value

Trulia Estimate
$742K
Since last month
Increased$10K (+1.3%)
Since last year
Increased$18K (+2.5%)
Since last sale
Increased$42K (+6%)
Learn more about this home's value by checking out its Trulia Estimate, the value of nearby homes, and how much similar homes have sold for.

Trulia Estimate

The of this home's value increased by +46% in the last 10 years
MonthEstimated value
2026
August 2026$742K
August 2026$742K
July 2026$732K
June 2026$741K
May 2026$750K
April 2026$738K
March 2026$734K
February 2026$729K
January 2026$719K
2025
2024
2023
2022
2021
2020

Comparable sales

These are recently sold homes that have a similar location or other similar features to this home, like bedrooms, bathrooms, and square footage. Get a sense of the expected prices in the area by viewing these homes.
Address
Distance
Property Type
Sold Price
Sold Date
Bed
Bath
Sqft
0.05
Single-Family Home
$736,000
06/12/26
2
2
1,690
0.08
Single-Family Home
$715,000
08/03/26
2
2
1,661
0.13
Single-Family Home
$755,000
08/14/26
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
0.27
Single-Family Home
$755,000
06/26/26
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

Nearby home prices

Get a sense of expected prices in the area by checking the value of nearby homes.
Address
Distance
Price
Bed
Bath
Sqft
Status
0.04
$907,400
2
2.5
2,410
Off Market
0.05
$709,800
2
2
1,690
Off Market
0.03
$779,000
2
2.5
1,991
For Sale
0.05
$730,300
2
2
1,661
Off Market
0.03
$761,200
2
2
1,661
Off Market
0.06
$750,000
2
2.5
2,198
Recently Sold
0.05
$736,000
2
2
1,690
Recently Sold
0.08
$687,900
3
2
1,729
Off Market
0.08
$780,000
4
3
2,062
Recently Sold
0.05
$860,000
2
2.5
2,419
Recently Sold
0.07
$710,400
2
2
1,661
Off Market

Local Information

  • Map ViewExplore the area around 1992 Phaethon Ln.
  • Schools1 Preschool School1 Elementary School1 Middle School1 High School
  • Shop & Eat
-- mins to
Commute Destination

Home Highlights

Single-Family Home
Built in 2018
1,661 sqft
$447/sqft
2 Car Garage
HOA $203/mo

About this House

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.
1992 Phaethon Ln, Reno, NV 89521 is a 2 bedroom, 2 bathroom, 1,661 sqft single-family home in Damonte Ranch, built in 2018. It last sold for $700,000 on Sep 8, 2023 (2% below the $715,000 asking price). This property is not currently displayed as for sale or rent on Trulia. The Trulia Estimate is $741,900, with a rent estimate of $2,977/month.
Last check for updates: about 4 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

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

Price and Tax history

DateEventPrice
Sep 8, 2023
Source: NNRMLS #230006017
Sold
$700,000
Jul 29, 2023
Source: NNRMLS #230006017
Pending
$715,000
Jul 19, 2023
Source: NNRMLS #230006017
PriceChange
$715,000
Price decreased by 3%
Jun 8, 2023
Source: NNRMLS #230006017
Listed For Sale
$735,000
Aug 25, 2021
Source: N/A
Sold
$732,000

Market trends in Damonte Ranch

Last updated July 2026
Buyer'sMarketSeller'sMarket
Avg. sale price
$777K
$3.17K
MoM
Sale-to-List Price
99.1%
0.5%
MoM
Price per sq ft
$347
$12
MoM
Available listings
142
7
MoM

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. "

LGBTQ Local Legal Protections

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. © 2026 Northern Nevada Regional Multiple Listing Service® MLS. All rights reserved.

Frequently asked questions about 1992 Phaethon Ln

  • What is 1992 Phaethon Ln estimated to be worth?
    Trulia's estimated value for 1992 Phaethon Ln in Reno, NV is $741,900.
  • What is the price history for 1992 Phaethon Ln?
    1992 Phaethon Ln in Reno, NV last sold for $700,000 in September 2023.
  • Is Reno a buyer's or seller's market?
    Reno is currently a balanced market, based on recent for-sale activity.
  • What's the median sale price in Reno?
    The median sale price in Reno is $777K. That is down $3.17K from the prior month.
  • Does 1992 Phaethon Ln have air conditioning?
    Yes, 1992 Phaethon Ln in Reno, NV has air conditioning.
  • Does 1992 Phaethon Ln have a pool?
    Yes, 1992 Phaethon Ln in Reno, NV has a pool.

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