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. **
Property Details
Price:
$5,300,000
MLS #:
240014982
Status:
Active
Beds:
3
Baths:
2
Address:
5555 Sage Flat Road
Type:
Single Family
Subtype:
Farm
City:
Reno
Listed Date:
Dec 2, 2024
State:
NV
ZIP:
89510
Lot Size:
38,115,000 sqft / 875.00 acres (approx)
Year Built:
1976
See this Listing
Mortgage Calculator
Schools
Elementary School:
Spanish Springs
Middle School:
Sparks
High School:
Spanish Springs
Interior
Appliances
Oven, Dishwasher, Dryer, Electric Range, Microwave, Refrigerator, Washer
Bathrooms
2 Full Bathrooms
Flooring
Carpet, Wood
Heating
Forced Air
Exterior
Other Structures
Barn(s), Shed(s), Workshop, Bunk House
Parking Features
Attached, Parking Pad
Financial
Taxes
$11,247
Map
Community
- Address5555 Sage Flat Road Reno NV
- CityReno
- CountyWashoe
- Zip Code89510
Similar Listings Nearby

5555 Sage Flat Road
Reno, NV
LIGHTBOX-IMAGES