5555 Sage Flat Road, Reno, NV 89510
Local realty services provided by:Better Homes and Gardens Real Estate Drakulich Realty
5555 Sage Flat Road,Reno, NV 89510
$6,200,000
- 3 Beds
- 2 Baths
- 1,100 sq. ft.
- Farm
- Active
Listed by: todd renfrew
Office: outdoor properties of nevada
MLS#:240014982
Source:NV_NNRMLS
Price summary
- Price:$6,200,000
- Price per sq. ft.:$5,636.36
About this home
The 1,144.58 acre Palomino Farms stands as a cherished agricultural hallmark of the Palomino Valley, located just a 8-minute drive north of Sparks, NV and 30-minute drive to Reno, NV, one of the fastest-growing metropolitan regions in the United States. Palomino Farms is a multifaceted and innovative farm with high-quality alfalfa and mixed hay production at its heart with 330 ± irrigated acres under one Zimmatic and one Valley pivot, coupled with 46.25 acres under wheel line irrigation. With repair of one of the ag wells, there is future capability for one Zimmatic pivot to provide an additional 135 ± acres of pivot irrigation. The hay crop is bolstered by 2,039.55 acre feet of underground water rights, three 600+ ft. ag wells, and three 150 HP pumps for each. Additionally, there are approximately 633.33 ± acres of rangeland to boot. Adding another potential income-producing facet to Palomino Farms are the 18.77 ± acres of General Commercial (GC) zoning with direct exposure on Pyramid Highway (Hwy 445). With its excellent highway location, this acreage opens the door to the development of a variety of business possibilities including: retail and shopping, automotive services, food and hospitality, or professional and personal service related businesses all with limited gaming allowed. This commercial acreage offers an opportunity to diversify the property and potentially create an additional source of income, complementing the farm operations. Together, the productive agricultural land, substantial water resources, rangeland, and strategically located commercial acreage make Palomino Farms a truly versatile property with multiple avenues for continued operation and future potential. The home is a comfortable 1,100 sq. ft. updated three bedroom, two bath home with lawn, including a large kitchen with stainless steel appliances, and a cozy living room. Ranch infrastructure includes a pole hay barn, equipment shed, shop, and outbuildings. It's extremely rare to find such a productive alfalfa farm with enviable water rights and buildable lots in Washoe County. Come discover the endless opportunities with Palomino Farms!...
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Home facts
- Year built:1976
- Listing ID #:240014982
- Added:655 day(s) ago
- Updated:September 21, 2026 at 03:33 PM
Rooms and interior
- Bedrooms:3
- Total bathrooms:2
- Full bathrooms:2
- Flooring:Carpet, Wood
- Kitchen Description:Dishwasher, Electric Range, Microwave, Refrigerator
- Living area:1,100 sq. ft.
Heating and cooling
- Cooling:Central Air
- Heating:Forced Air, Heating
- Central air:Yes
Structure and exterior
- Year built:1976
- Building area:1,100 sq. ft.
- Lot area:1144.58 Acres
- Lot Features:Landscaped, Level, Meadow, Pasture
- Exterior Features:Dog Run
Schools
- High school:Spanish Springs
- Middle school:Sparks
- Elementary school:Spanish Springs
Utilities
- Water:Pump, Underground
- Sewer:Septic Tank
Finances and disclosures
- Price:$6,200,000
- Price per sq. ft.:$5,636.36
- Tax amount:$12,592
Features and amenities
- Appliances:Dishwasher, Dryer, Electric Range, Microwave, Refrigerator, Washer
- Laundry features:Dryer, Laundry Room, Washer
Parking
- Parking description:Attached, Attached Garage, Garage, Parking Pad
- Garage:Yes
- Garage spaces:2
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