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5555 Sage Flat Road

Reno, NV 89510
  • $5,300,000
  • STATUS: Active
  • ON SITE: 203 Days
  • MLS #: 240014982
UPDATED: 11 min ago
$5,300,000
  • 3
    BEDS
  • 875
    ACRES
  • 2
    BATHS
  • 0
    1/2 BATHS
Neighborhood:
Type:
Farm
Built:
1976
County:
Area:

School Information

Elementary School:
Middle School:
High School:

Description

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. **

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Northern Nevada Regional MLS logo © 2025 Northern Nevada Regional Multiple Listing Service® MLS. All rights reserved. Information is deemed reliable but is not guaranteed accurate by the MLS or Theresa Nelson Real Estate | Remax Gold. Real estate listings held by brokerage firms other than Theresa Nelson Real Estate | Remax Gold are marked with the BROKER RECIPROCITY logo or the BROKER RECIPROCITY thumbnail logo and detailed information about them includes the name of the listing brokerage. The data relating to real estate for sale on this web site comes in part from the BROKER RECIPROCITY Program of the Northern Nevada Regional MLS and is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Data last updated: 2025-06-24T00:20:03.35.
www.nevada.properties/homes/158435593
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5555 Sage Flat Road Reno, NV 89510

  • Price: $5,300,000
  • Status: Active
  • On Site: 203 Days
  • Updated: 11 min ago
  • MLS #: 240014982
3
Beds
2
Baths
0
½ Baths
875
Acres
1976
Built
Neighborhood:
89510
County:
Washoe
Area:
89510
Elementary School:
Spanish Springs
Middle School:
Sparks
High School:
Spanish Springs
Property Description
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. **
Exterior Features

Attached Garage YN Yes Construction Materials [] Exterior Features [] Foundation Details [] Garage YN Yes Parking Features AttachedParking Pad Pool Features [] Roof [] Spa Features [] Window Features []

Interior Features

Appliances OvenDishwasherDryerElectric RangeMicrowaveRefrigeratorWasher Common Walls [] Cooling [] Fireplace Features [] Flooring CarpetWood Heating Forced Air Heating YN Yes Interior Features [] Laundry Features [] Levels [] Other Room Yes

Property Features

Body Type [] Buyer Financing [] Current Use Row CropsHuntingFarm Fencing None Green Energy Generation [] Horse Amenities Hay Storage Irrigation Method Sprinkle Yes Irrigation Source [] Land Details Irrigated Land YN Yes Listing Terms [] Lot Ditches YN No Lot Features Level Other Equipment [] Other Structures Barn(s)Shed(s)WorkshopBunk House Property Sub Type Farm Road Frontage Type Private Road Road Responsibility Private Maintained Road Road Surface Type Gravel Security Features [] Sewer [] Special Listing Conditions [] Structure Type House Tax Annual Amount 11247 Utilities Electricity Available Vegetation Alfalfa/Hay Water Body Type Creek River Yes Water Rights Water Rights YN Yes Water Source PumpUnderground Waterfront Features [] Zoning Pr 18/Lds 82

Northern Nevada Regional MLS logo © 2025 Northern Nevada Regional MLS. All rights reserved.
Listing provided courtesy of Outdoor Properties of Nevada: .

Northern Nevada Regional MLS logo © 2025 Northern Nevada Regional Multiple Listing Service® MLS. All rights reserved. Information is deemed reliable but is not guaranteed accurate by the MLS or Theresa Nelson Real Estate | Remax Gold. Real estate listings held by brokerage firms other than Theresa Nelson Real Estate | Remax Gold are marked with the BROKER RECIPROCITY logo or the BROKER RECIPROCITY thumbnail logo and detailed information about them includes the name of the listing brokerage. The data relating to real estate for sale on this web site comes in part from the BROKER RECIPROCITY Program of the Northern Nevada Regional MLS and is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Data last updated: 2025-06-24T00:20:03.35.
 
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Theresa Nelson Real Estate | Remax Gold
10795 Double R. Blvd.
Reno NV, 89521