Monarch
Tradition SeriesSM|From $443,990
3 Bed| 2 - 2.5 Bath | 2 Garage
2 Story | From 1,347 Sq. Ft.
Community information
Monday - Tuesday 10:00 AM - 5:00 PM
Wednesday 1:00 PM - 5:00 PM
Thursday - Sunday 10:00 AM - 5:00 PM
Limited time opportunity
Special Interest Rate
on certain D.R. Horton homes.
3.875%
5.918%APR
7/6 Adjustable-Rate1 Conventional Mortgage
Available on certain D.R. Horton homes in select communities in Nevada. Must contract on or after 08/11/25 and close by 09/30/25
Loan example shown is based on a 5% down payment on a Conventional 30-year adjustable-rate mortgage (ARM) with a sales price of $446,990, a loan amount of $424,641, and a monthly payment of $2,702. Total monthly payment includes principal, interest, estimated taxes, mortgage insurance, homeowners insurance and HOA. 1 An adjustable-rate mortgage (ARM) is a mortgage where the interest rate changes periodically, which could cause the monthly payment to be higher or lower. This interest rate will be fixed for the first 7 years and will adjust every 6 months thereafter. The first adjustment will have a 5.000% cap. Adjustments every 6 months thereafter will have a cap of 1.000% and a lifetime cap of 5.000% with a margin of 2.750%. The fully indexed rate of 7.091% combines the index and margin, and it determines the monthly payment amounts after the fixed interest period during each adjustment period. Max interest rate can be 8.875%. To receive the Conventional interest rate, borrower is REQUIRED to pay a 0.125% Discount Point. This Discount point may be paid with seller financing incentive offered to the borrower, which will be represented on the Closing Disclosure as a seller’s cost. Maximum contribution limits will apply.
PLACEHOLDER
PLACEHOLDER
Contact us for more information
DHI Mortgage
5190 Neil Road Suite 320, Reno, NV, 89502
775-856-8432
dhimortgage.com
D.R. Horton
renosalesinfo@drhorton.com
775-269-4827
drhorton.com
New home. Low rate. No down payment.
Yes please!
Say yes to the new home you’ve been waiting for. Our DHI Mortgage Home Now1 program provides down payment assistance, which can now be combined with our special interest rate offer. That means lower monthly payments and less cash to close.
Special interest rate
5.75%
6.617%APR
0% down payment required when first lien mortgage is paired with DHI Mortgage’s Home Now Down Payment Assistance program used to cover the required down payment.1
No down payment
DHI mortgage
Home now program
- Down payment assistance in the form of a forgivable second mortgage in the amount of 3.5% of the lower of the purchase price or appraised value of the home
- Program offered on 30-year fixed-rate FHA mortgages
- Borrower must occupy home as primary residence
Available on certain D.R. Horton homes in select communities in Monarch Phoenix. Must contract on or after 08/11/25 and close by 09/30/25.2 Contact a D.R. Horton sales representative for more information and to confirm availability.
Contact us for more information
DHI Mortgage
5190 Neil Rd., Suite 320, Reno, NV 89502
775-856-8432
dhimortgage.com
D.R. Horton
Limited time opportunity
Special Interest Rate
on certain D.R. Horton homes.
3.99%
4.830%APR
Fixed Rate FHA Mortgage1
3.5% down payment required.1
Based on a FHA 30-Year fixed rate mortgage with a sales price of $446,490, a loan amount of $438,403, up front mortgage insurance premium of 1.75%, and a monthly payment of $2,797. Total monthly payment includes principal, interest, estimated taxes, mortgage insurance, homeowners insurance and HOA. Rate also available for VA and USDA loan programs.
PLACEHOLDER
PLACEHOLDER
ON CERTAIN D.R. HORTON HOMES THAT CONTRACT ON OR AFTER 8/20/2025 IN OUR PHOENIX COMMUNITIES AND CLOSE ON OR BEFORE 9/30/2025
Contact us for more information
DHI Mortgage
5190 Neil Rd., Suite 320
Reno, NV 89502
775-856-8432
dhimortgage.com
D.R. Horton
drhorton.com D.R. Horton, Inc. – NNV: Nevada Real Estate Division License # B.0143294.CORP; Contractors License #0085817.
About our community
Find your new home in Monarch, a vibrant enclave of contemporary townhomes in Reno, NV. Designed to offer the perfect blend of style, convenience, and community, Monarch is the choice for those wanting the low-maintenance lifestyle that comes with quality new home construction in an incredible location.
This community offers two floorplan options: The Walker at 1,347 sq. ft. and The Humboldt at 1,409 sq. ft. These floorplans are available in 2, 3, and 4-unit buildings, and each home comes with your own spacious 2-car garage.
Both floorplans offer an open concept on the first floor, meaning the living room, dining area, and kitchen blend seamlessly for easy entertaining. The kitchen includes premium features like sleek shaker-style cabinets, stainless steel appliances, and quartz countertops.
The second story has 3 bedrooms, 2 bathrooms, and a laundry room. The primary bedroom features a spacious walk in closet: a rare and thoughtful design touch for a townhome.
Nearby schools include George Westergard Elementary, B.D. Billinghurst Middle School, and Robert McQueen High School.
Make an appointment to tour Monarch today, and see this Northwest Reno gem for yourself.
Community amenities
- Home is Connected Smart Home System
- Stainless Steel Appliances
- Dog Park
- 0.2 miles to Raley's
- 0.2 miles to Inclined Burgers and Brews
- 0.3 miles to La Victoria Coffee
- 0.3 miles to Yoga Six Reno Northwest
- 0.3 miles to Juice Box Yoga Northwest
- 0.4 miles to Renown Medical Group - Robb
Schools
Sarah Winnemucca Elementary School
Public
|
Pre-K-6
1 mi.
George Westgard Elementary School
Public
|
K-5
0.9 mi.
B.D. Billinghurst Middle School
Public
|
6-8
2 mi.
Robert McQueen High School
Public
|
9-12
1 mi.
View this community's interactive lot map
Community information
Monday - Tuesday 10:00 AM - 5:00 PM
Wednesday 1:00 PM - 5:00 PM
Thursday - Sunday 10:00 AM - 5:00 PM
Price: High - low
Price: Low - high
Sq. ft.: High - low
Sq. ft.: Low - high
$484,990
1613 ICELANDIC WAY
3 Bed | 2.5 Bath | 2 Garage
2 Story | 1,409 Sq. Ft. | Lot 73
$484,990
1614 ICELANDIC WAY
3 Bed | 2.5 Bath | 2 Garage
2 Story | 1,409 Sq. Ft. | Lot 66
$479,990
1615 PRANCER STREET
3 Bed | 2.5 Bath | 2 Garage
2 Story | 1,409 Sq. Ft. | Lot 53
$484,990
1618 ICELANDIC WAY
3 Bed | 2 Bath | 2 Garage
2 Story | 1,409 Sq. Ft. | Lot 67
$484,990
1626 ICELANDIC WAY
3 Bed | 2.5 Bath | 2 Garage
2 Story | 1,409 Sq. Ft. | Lot 69
$479,990
1632 PRANCER STREET
3 Bed | 2.5 Bath | 2 Garage
2 Story | 1,409 Sq. Ft. | Lot 44
$479,990
1639 PRANCER STREET
3 Bed | 2.5 Bath | 2 Garage
2 Story | 1,409 Sq. Ft. | Lot 47
$484,990
5878 GRAND ROW WAY
3 Bed | 2.5 Bath | 2 Garage
2 Story | 1,409 Sq. Ft. | Lot 60
$458,990
5882 GRAND ROW WAY
3 Bed | 2.5 Bath | 2 Garage
2 Story | 1,347 Sq. Ft. | Lot 61
Price: High - low
Price: Low - high
Sq. ft.: High - low
Sq. ft.: Low - high
Price: High - low
Price: Low - high
Sq. ft.: High - low
Sq. ft.: Low - high
City: A - Z
Name: A - Z
Limited time opportunity
Special Interest Rate
on certain D.R. Horton homes.
3.875%
5.918%APR
7/6 Adjustable-Rate1 Conventional Mortgage
Available on certain D.R. Horton homes in select communities in Nevada. Must contract on or after 08/11/25 and close by 09/30/25
Loan example shown is based on a 5% down payment on a Conventional 30-year adjustable-rate mortgage (ARM) with a sales price of $446,990, a loan amount of $424,641, and a monthly payment of $2,702. Total monthly payment includes principal, interest, estimated taxes, mortgage insurance, homeowners insurance and HOA. 1 An adjustable-rate mortgage (ARM) is a mortgage where the interest rate changes periodically, which could cause the monthly payment to be higher or lower. This interest rate will be fixed for the first 7 years and will adjust every 6 months thereafter. The first adjustment will have a 5.000% cap. Adjustments every 6 months thereafter will have a cap of 1.000% and a lifetime cap of 5.000% with a margin of 2.750%. The fully indexed rate of 7.091% combines the index and margin, and it determines the monthly payment amounts after the fixed interest period during each adjustment period. Max interest rate can be 8.875%. To receive the Conventional interest rate, borrower is REQUIRED to pay a 0.125% Discount Point. This Discount point may be paid with seller financing incentive offered to the borrower, which will be represented on the Closing Disclosure as a seller’s cost. Maximum contribution limits will apply.
PLACEHOLDER
PLACEHOLDER
Contact us for more information
DHI Mortgage
5190 Neil Road Suite 320, Reno, NV, 89502
775-856-8432
dhimortgage.com
D.R. Horton
renosalesinfo@drhorton.com
775-269-4827
drhorton.com
New home. Low rate. No down payment.
Yes please!
Say yes to the new home you’ve been waiting for. Our DHI Mortgage Home Now1 program provides down payment assistance, which can now be combined with our special interest rate offer. That means lower monthly payments and less cash to close.
Special interest rate
5.75%
6.617%APR
0% down payment required when first lien mortgage is paired with DHI Mortgage’s Home Now Down Payment Assistance program used to cover the required down payment.1
No down payment
DHI mortgage
Home now program
- Down payment assistance in the form of a forgivable second mortgage in the amount of 3.5% of the lower of the purchase price or appraised value of the home
- Program offered on 30-year fixed-rate FHA mortgages
- Borrower must occupy home as primary residence
Available on certain D.R. Horton homes in select communities in Monarch Phoenix. Must contract on or after 08/11/25 and close by 09/30/25.2 Contact a D.R. Horton sales representative for more information and to confirm availability.
Contact us for more information
DHI Mortgage
5190 Neil Rd., Suite 320, Reno, NV 89502
775-856-8432
dhimortgage.com
D.R. Horton
Limited time opportunity
Special Interest Rate
on certain D.R. Horton homes.
3.99%
4.830%APR
Fixed Rate FHA Mortgage1
3.5% down payment required.1
Based on a FHA 30-Year fixed rate mortgage with a sales price of $446,490, a loan amount of $438,403, up front mortgage insurance premium of 1.75%, and a monthly payment of $2,797. Total monthly payment includes principal, interest, estimated taxes, mortgage insurance, homeowners insurance and HOA. Rate also available for VA and USDA loan programs.
PLACEHOLDER
PLACEHOLDER
ON CERTAIN D.R. HORTON HOMES THAT CONTRACT ON OR AFTER 8/20/2025 IN OUR PHOENIX COMMUNITIES AND CLOSE ON OR BEFORE 9/30/2025
Contact us for more information
DHI Mortgage
5190 Neil Rd., Suite 320
Reno, NV 89502
775-856-8432
dhimortgage.com
D.R. Horton
drhorton.com D.R. Horton, Inc. – NNV: Nevada Real Estate Division License # B.0143294.CORP; Contractors License #0085817.
Facebook LinkedIn Email