5555 Sage Flat Road, Reno, NV

$6,200,000

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3

Beds

2

Baths

1,100

Square feet

1144.58

Acres

About 5555 Sage Flat Road

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!

Features of 5555 Sage Flat Road

MLS® # 240014982
Price $6,200,000
Bedrooms 3
Bathrooms 2.00
Full Baths 2
Square Footage 1,100
Acres 1,144.58
Year Built 1976
Type Farm & Ranch
Sub-Type Farm
Status Active

Community Information

Address 5555 Sage Flat Road
Area 89510
City Reno
County Washoe
State NV
Zip Code 89510

Amenities

Utilities Electricity Available
Parking Attached, Garage, Parking Pad
# of Garages 2
Has Pool No

Interior

Interior Features Ceiling Fan(s)
Appliances Dishwasher, Dryer, Electric Range, Microwave, Refrigerator, Washer
Heating Forced Air
Cooling Central Air
Fireplace No
# of Stories 1

Exterior

Exterior Features Dog Run
Lot Description Landscaped, Level, Meadow, Pasture
Windows Blinds
Roof Composition
Construction Other
Foundation Other

School Information

Elementary Spanish Springs
Middle Sparks
High Spanish Springs

Additional Information

Date Listed December 2nd, 2024
Days on Market 655
Zoning Pr 18/Lds 82
Short Sale No
RE / Bank Owned No

Listing Details

OfficeOutdoor Properties of Nevada

Listing Map

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