1987 Phaethon Lane, Reno NV
1987 Phaethon Lane is a 2 bedroom 2.5 bathroom 2,223 square foot single family home located in Damonte Ranch. It is zoned for Nick Poulakidas Elementary, Depoali Middle School, Damonte High School.
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For Sale · $789,000 · MLS# 260012671
Listing information last updated October 2, 2026; feed checked October 21, 2026.
This Toll Bros Sundance model is the one you have been waiting on! Gently-lived in 2200 square foot floorplan includes 2 BR, 2.5 BA. Sunlight floods the gourmet kitchen with quartz counters and large dining space. Living room is lined with large picture windows. Separate den provides extra space to relax. The fully covered patio is perfect for tranquility; with a water feature and privacy; it sides to open space, so no buildings on the side nor back can be built. Master is spaced away from 2nd bedroom and has a walk in closet, dual sinks, and tiled shower. Live in comfort year round under high ceilings with built-in ceiling fans, spacious rooms, and lots of storage space. Custom window coverings throughout. Entertain guests with putting green framed by raised gardens, brick pavers & lights. A must-see!
Property Details
| List Price | $789,000 |
|---|---|
| Beds | 2 |
| Baths | 2.5 |
| Building Size | 2,223 sqft |
| Lot Size | 6,652 sqft |
| Property Type | Single Family Residence |
| Stories | 1 |
| Year Built | 2018 |
| Lot Size (acres) | 0.15 |
| Lot Features | Level, Landscaped, Sprinklers In Rear, Sprinklers In Front |
| Price per Sqft | $355 |
| Garage Spaces | 2.0 |
| Total Parking | 2.0 |
| Parking Features | Garage, Attached |
| Fireplaces | 1 |
| Fireplace Features | Gas |
| Heating | Electric, Forced Air, Natural Gas, Fireplace(s) |
| Cooling | Electric, Central Air |
| Flooring | Carpet, Laminate, Ceramic Tile |
| Roof | Tile, Pitched |
| Interior Features | Pantry, Breakfast Bar, High Ceilings, Ceiling Fan(s), Entrance Foyer, Kitchen Island, Smart Thermostat, Walk-In Closet(s), Primary Downstairs |
| Kitchen Appliances | Oven, Dryer, Washer, Disposal, Gas Range, Microwave, Dishwasher, Gas Cooktop, Refrigerator |
| Laundry | Cabinets, Laundry Room |
| Patio / Porch | Patio, Covered |
| Fencing | Back Yard |
| Windows | Rods, Blinds, Drapes, Vinyl Frames, Double Pane Windows |
| Security Features | Security Fence, Smoke Detector(s) |
| Common Walls | No Common Walls |
| View | Mountain(s) |
| Construction | Stucco |
| Foundation | Slab |
| Road Frontage | Other, Private Road |
| Water Source | Public |
| Sewer | Public Sewer |
| Utilities | Sewer Available, Water Available, Cellular Coverage, Internet Available, Electricity Available, Natural Gas Available, Water Meter Installed |
| Spa | No |
| Horse Property | No |
| Senior Community | Yes |
| New Construction | No |
| Zoning | Pd |
| HOA | Yes |
| HOA Fee | $216 Monthly |
| Financing Terms | Cash, VA Loan, Conventional, 1031 Exchange |
| Annual Taxes | $6,536 |
| Original List Price | $789,000 |
| Listing Date | 2026-10-02 |
Schools
| Elementary School | Nick Poulakidas |
|---|---|
| Middle School | Depoali |
| High School | Damonte |
Listing courtesy of Dickson Realty - Caughlin, 775-746-7000 
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County Property Records
County record data as of August 19, 2026.
| Parcel Number | 141-512-08 |
|---|---|
| Subdivision | DAMONTE RANCH VILLAGE 6-2 |
| Lot Size | 6,652 sqft |
| Building Size | 2,223 sqft |
| Year Built | 2018 |
| Bedrooms | 2 |
| Bathrooms | 2.5 |
| Assessed Value | $200,196 |
| Water / Sewer | Municipal / Municipal |
Recorded Sale History
| Date | Price | Deed |
|---|---|---|
| 2020-10-23 | $655,000 | DEED |
| 2019-05-08 | $590,995 | DEED |
Source: Washoe County Assessor
Property taxes in Washoe County are based on the assessor's taxable value, not the sale price, and are generally low compared with neighboring states. See our guide to Washoe County property taxes for how the bill is figured and where to find the current rate.