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Talk to a Specialist →What it is
Regency at Damonte Ranch is the most-searched Toll Brothers Regency in the metro — a gated community of single-story homes built for active adults, with private outdoor spaces and an 18,000 sq ft clubhouse (indoor pool and spa, fitness center, dance/aerobics studio, billiards and lounge). It sits inside the larger Damonte Ranch master plan in south Reno, with shops and services just outside the gates.
The cost picture
| Cost layer | Approx. |
|---|---|
| HOA | ~$235/mo |
| Property tax (new $700K, first year) | ~$8,900 (formula) |
| Insurance (valley floor) | moderate — below foothill communities |
Full math on the Damonte Ranch true cost page. As new construction, expect near-full taxable value in year one — see the Washoe tax guide.
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Honest cautions
- Price. New Toll product at $600K+ — premium for the region. File the owner-occupancy form to lock the 3% cap.
- Resale vs new. Most inventory is newer, so you won't get the depreciated-taxable-value tax break a 20-year-old resale offers.
- Cap reset. Don't trust a seller's posted tax figure on any resale here — your bill resets at purchase.
Who it fits
Buyers who want a turnkey, gated, single-story Toll home with full amenities and prefer the valley floor's milder winters and lower fire exposure over the foothill setting. The definitive comparison is Sierra Canyon vs Regency at Damonte Ranch.
Considering Damonte Ranch?
We'll pull current pricing, the real first-year tax, and a side-by-side against Sierra Canyon.
Get Free Research →Sources: 55places (Regency at Damonte Ranch — gated, ~650 homes), Toll Brothers materials; cost figures are Nova55Living estimates from verified Nevada tax rules and current dues. Verified 2026.