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5555 Sage Flat Road Reno NV 89510 MLS #240014982

5555 Sage Flat Road
Reno, NV, 89510
$2,980,000
3 Beds
2 Baths
2,200 SqFt
710.97 Acres
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The *710.97* 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 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 5.35 tons per acre of alfalfa orchard grass mix and 3.55 to 4.3 tons per acre of high-quality alfalfa. There is future capability for the one Zimmatic pivot to provide an additional 49.4 acres of pivot irrigation. The crop is bolstered by 1,268.15 acre feet of underground water rights, two 600+ ft. ag wells, and two 150 HP pumps for each. Additionally, there are approximately 394.72 ± acres of rangeland to boot. Home sweet home is a comfortable 2,200 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. **

Property Details

Price:
$2,980,000
MLS #:
240014982
Status:
Active
Beds:
3
Baths:
2
Type:
Single Family
Subtype:
Farm
Listed Date:
Dec 2, 2024
Finished Sq Ft:
2,200
Total Sq Ft:
2,200
Lot Size:
30,969,853 sqft / 710.97 acres (approx)
Year Built:
1976
Spanish SpringsSparksSpanish SpringsFarm

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Schools

Elementary School:
Spanish Springs
Middle School:
Sparks
High School:
Spanish Springs

Interior

Appliances
Dishwasher, Dryer, Electric Range, Microwave, Refrigerator, Washer
Bathrooms
2 Full Bathrooms
Cooling
Central Air
Flooring
Carpet, Wood
Heating
Forced Air
Laundry Features
Laundry Room

Exterior

Construction Materials
Other
Exterior Features
Dog Run
Other Structures
Barn(s), Shed(s), Workshop, Bunk House
Parking Features
Attached, Garage, Parking Pad
Roof
Composition

Financial

Taxes
$11,099

Map

Community

Market Summary

Current real estate data for Single Family in Reno as of Oct 03, 2025
722
Single Family Listed
84
Avg DOM
416
Avg $ / SqFt
$1,285,158
Avg List Price

Property Summary

    5555 Sage Flat Road Reno NV is a Single Family for sale in Reno, NV, 89510. It is listed for $2,980,000 and features 3 beds, 2 baths, and has approximately 2,200 square feet of living space, and was originally constructed in 1976. The current price per square foot is $1,355. The average price per square foot for Single Family listings in Reno is $416. The average listing price for Single Family in Reno is $1,285,158.

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5555 Sage Flat Road
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