5555 Sage Flat Road, Reno, NV 89510
Local realty services provided by:Better Homes and Gardens Real Estate Universal



5555 Sage Flat Road,Reno, NV 89510
$5,300,000
- 3 Beds
- 2 Baths
- - sq. ft.
- Farm
- Active
Listed by:todd renfrew
Office:outdoor properties of nevada
MLS#:240014982
Source:NV_NNRMLS
Price summary
- Price:$5,300,000
About this home
The * 875 acre * Palomino Farms stands as a cherished agricultural hallmark of the Palomino Valley, located just a 8-minute drive north of Sparks,NV & 30-minute drive to Reno,NV, one of the fastest-growing metropolitan regions in the United States., Palomino Farms is a multi-faceted and innovative farm with high-quality alfalfa and alfalfa orchard grass mix production at its heart. 220.60 irrigated acres under one Zimmatic and one Valley pivot, coupled with 46.25 acres under wheel line irrigation produces approximately 4.2 to 5.25 tons per acre of high-quality alfalfa. The crop is bolstered by 1,266 + acre feet of underground water rights with two 600+ ft. ag wells with two 150 HP pumps for each. Additionally, there are approximately 450 acres of rangeland to boot. Palomino Farms has been on the cutting edge of innovative and sustainable water solutions in an ever-changing world through OneWater Nevada Initiative, a collaboration with the University of Nevada, Reno, City of Reno, City of Sparks, Washoe County, and the Truckee Meadows Water Authority. This promising initiative would pipe recycled water from nearby northern Nevada urban communities, significantly reducing the need for groundwater pumping on the farm. Additionally, extensive research and testing has confirmed that an opportunity exists for a massive volume of Truckee River water to be stored in a large underground aquifer beneath Palomino Farms. Home sweet 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! ** Seller to perform lot line adjustment that will change the acreage of APN #077-090-14 and APN #077-090-13. **
Contact an agent
Home facts
- Year built:1976
- Listing Id #:240014982
- Added:253 day(s) ago
- Updated:August 13, 2025 at 03:06 PM
Rooms and interior
- Bedrooms:3
- Total bathrooms:2
- Full bathrooms:2
Heating and cooling
- Heating:Forced Air, Heating
Structure and exterior
- Year built:1976
- Lot area:875 Acres
Schools
- High school:Spanish Springs
- Middle school:Sparks
- Elementary school:Spanish Springs
Utilities
- Water:Pump, Underground
Finances and disclosures
- Price:$5,300,000
- Tax amount:$11,247
New listings near 5555 Sage Flat Road
- New$440,000Active3 beds 2 baths1,350 sq. ft.
653 Mcgill Drive, Reno, NV 89506
MLS# 250054567Listed by: LPT REALTY, LLC - New$715,000Active4 beds 2 baths2,068 sq. ft.
1720 Colavita Way, Reno, NV 89521
MLS# 250054568Listed by: TOWNS END REAL ESTATE - New$439,999Active4 beds 3 baths1,570 sq. ft.
6995 Peppermint Drive, Reno, NV 89506
MLS# 250054558Listed by: RENO REAL ESTATE - New$352,000Active2 beds 1 baths978 sq. ft.
1450 Idlewild Drive #UNIT 616, Reno, NV 89509
MLS# 250054551Listed by: PMI RENO - New$450,000Active2 beds 3 baths1,300 sq. ft.
1870 Sierra Highlands Drive, Reno, NV 89523
MLS# 250054543Listed by: RENO SPARKS REALTY, LLC - Open Sat, 12 to 2pmNew$499,900Active3 beds 2 baths1,324 sq. ft.
5982 Royal Vista Way, Reno, NV 89523
MLS# 250054545Listed by: DICKSON REALTY - CAUGHLIN - New$950,000Active3 beds 3 baths1,884 sq. ft.
6020 Rose Rock Lane, Reno, NV 89511
MLS# 250054547Listed by: SOLID SOURCE REALTY - New$475,000Active3 beds 2 baths1,890 sq. ft.
1990 Prior Road, Reno, NV 89503
MLS# 250054533Listed by: EXP REALTY, LLC - Open Sat, 12 to 2pmNew$755,000Active3 beds 2 baths1,894 sq. ft.
2330 Sunrise Drive, Reno, NV 89509
MLS# 250054536Listed by: DICKSON REALTY - DOWNTOWN - New$189,900Active2 beds 1 baths963 sq. ft.
3921 Clear Acre Lane #169, Reno, NV 89512
MLS# 250054537Listed by: RE/MAX PROFESSIONALS-RENO