$6,200,000
 $35,203 est/mo Sourced by Back At You

5555 Sage Flat Road,Reno, NV 89510

Reno, NV 89510

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Description

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!

Details

MLS #240014982
Listing TypeFor Sale
StyleFarm or Ranch
Sub-TypeResale
StatusActive
Year1976
Days On Site670
Listing Provided ByOutdoor Properties of Nevada | Todd Renfrew

Features

Bed(s)3
Bath(s) 2 Total
SQ Feet1,100
Story(s)1
ZoningPr 18/Lds 82
Acreage1144.58

Interior

HeatingForced Air
Heating Yes / NoYes
CoolingCentral Air
Cooling Yes / NoYes
Window FeaturesBlinds
Interior FeaturesCeiling Fan(s)
AppliancesDishwasher, Dryer, Electric Range, Microwave, Refrigerator, Washer
Fireplace Yes / NoNo

Exterior

RoofComposition
Exterior FeaturesDog Run
Lot FeaturesLandscaped, Level, Meadow, Pasture
Construction MaterialsOther
Road ResponsibilityPrivate Maintained Road
Foundation DetailsOther
FencingNone

Parking

Parking FeaturesAttached, Garage, Parking Pad
Garage Yes / NoYes
Attached Garage Yes / NoYes

Utilities

UtilitiesElectricity Available
SewerSeptic Tank

Taxes

Property12592

Area Information

StateNV
CountyWashoe
CityReno
Zip Code89510
AreaWashoe
School DistrictSpanish Springs
Elementary SchoolSpanish Springs
High SchoolSpanish Springs
Sourced by Back At You

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Learn More About This Property

StateNV
CountyWashoe
CityReno
Zip Code89510
AreaWashoe
School DistrictSpanish Springs
Elementary SchoolSpanish Springs
High SchoolSpanish Springs
Sourced by Back At You
Listing Updated: September 29, 2026 at 3:22:16 AM PDT