Listing provided courtesy of Outdoor Properties of Nevada- MLS# 240014982MLS Provider

5555 Sage Flat RoadReno, NV 89510

Single Family · 3 Beds · 2 Full Baths · 1,100 Sq. ft. | 710.97 Acres
$2,980,000 Active

5555 Sage Flat Road Overview

Time on Site:
574 days
Visits:
7

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. **

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5555 Sage Flat Road Facts & Features

  • Type Single Family
  • Sq. ft. 1,100
  • Price/Sq.ft. $2,709
  • Lot 710.97 Acres

Details

General

School Information

  • Elementary School: Spanish Springs
  • Middle Or Junior School: Sparks
  • High School: Spanish Springs

Building Information

  • Year Built: 1976

Business Information

  • Current Use: Row Crops,Hunting,Farm

Location/Region

  • Country: US
  • County Or Parish: Washoe

Tax Information

  • Tax Annual Amount: 11099.0

General Information

  • Grazing Permits Blm: false
  • Grazing Permits Forest Service: false
  • Grazing Permits Private: false
  • Listing Terms: Cash,Conventional
  • Parcel Number: 077-090-03
  • Property Sub Type: Farm
  • Property Type: Farm & Ranch
  • Zoning: Pr 18/Lds 82

Interior

Parking Information

  • Garage Spaces: 2.0
  • Garage: true

Beds/Baths

  • Bathrooms Full: 2
  • Bathrooms Half: 0
  • Bathrooms Total: 2
  • Bedrooms Total: 3

Building Interior

  • Building Area Total: 1100.0

General Information

  • Appliances: Dishwasher,Dryer,Electric Range,Microwave,Refrigerator,Washer
  • Fireplace: false
  • Flooring: Carpet,Wood
  • Foundation Details: Other
  • Interior Features: Ceiling Fan(s)
  • Laundry Features: Laundry Room
  • Living Area Source: Assessor
  • Stories: 1
  • Window Features: Blinds

Exterior

Parking Information

  • Parking Features: Attached,Garage,Parking Pad

Lot Information

  • Crops Included: false
  • Lot Features: Landscaped,Level,Meadow
  • Lot Size Acres: 710.97
  • Lot Size Area: 710.97
  • Lot Size Square Feet: 30969853.2
  • Lot Size Units: Acres
  • Road Responsibility: Private Maintained Road
  • Road Surface Type: Gravel
  • Vegetation: Alfalfa/Hay
  • Water Source: Pump,Underground

Building Exterior/Construction

  • Attached Garage: true
  • Construction Materials: Other
  • Roof: Composition
  • Structure Type: House

General Information

  • Exterior Features: Dog Run
  • Fencing: None
  • Horse Amenities: Hay Storage
  • Other Structures: Barn(s),Shed(s),Workshop,Bunk House
  • Road Frontage Type: Private Road
  • Sewer: Septic Tank
  • Utilities: Electricity Available

5555 Sage Flat Road Neighborhood

Community

89510 (Reno) Demographics

57
Median Age
1
Population Density (per sq. mile)
23%
College Educated
$71,333
Estimated Median Income
605
Estimated Total Home Owners
59
Estimated Total Renters
91% / 9%
Estimated Owner / Renter Divide
3
Estimated Average Household Size
Community data courtesy of LiveBy, Inc.

Schools

School data courtesy of LiveBy, Inc. School ratings are based on a scale of 1-5, with 5 being the highest rating and 1 being the lowest rating.

5555 Sage Flat Road Monthly Cost

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$ %
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* All calculations are estimates and provided by Reliance Network, for informational purposes only. Actual amounts may vary. ** Assumes 6.50% APR, 20% down payment, and conventional 30-year fixed rate first mortgage. Rates cited are for instructional purposes only; current rates are subject to change at any time without notice. You should not make any decisions based simply on the information provided. Additional required amounts such as taxes, insurance, homeowner association dues, assessments, mortgage insurance premiums, flood insurance or other such required payments should also be considered. Contact your mortgage company for current rates and additional information. Any mortgage broker or insurance agent that may appear is independent and is not affiliated with, endorsed by, or provided by the MLS.

5555 Sage Flat Road Market Data

Based on the last 30 days in this zip code

$1,121,446
Average List Price
$473
Average Price per Square Foot
1
Properties Sold
89
Average Days on Market
13
Properties for Sale
Calculations provided by Reliance Network

5555 Sage Flat Road History

Date Event Value Agent
9/19/2025Source: Northern Nevada Regional MLS Price Reduction
$2,980,000 -43.8%
5/5/2025Source: Northern Nevada Regional MLS Added to Database
May 05, 2025