Stonebrook is located in Spanish Springs, the fastest growing submarket of Reno/Sparks, Nevada and is just 9 miles from downtown Reno. It is one of the closest major projects to the new Tesla development. The site covers approximately 453 acres and is entitled for over 1,500 single family lots. Regent has sold the first 4 villages totaling 347 lots to Toll Brothers who have completed the infrastructure improvements and grading for the first phase of the project. Regent is finalizing plans for the infrastructure improvements and grading for the project’s second development phase. The project currently has all water necessary for full development.