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Improved Land for Sale in Reno, Nevada

5555 Sage Flat Rd, Reno, NV 89510

$2,980,000
711 acres
Active
$2.32m drop
Est $15,843/mo

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 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!

1,100
Sq feet
3
Beds
2
Full baths

Location

Street address
5555 Sage Flat Rd
Elevation
4,314 feet
Coordinates
39.8024, -119.6527

Property details

Acreage
710.97 acres
Posted

Listing history

DateEventPriceChangeSource
Sept 19, 2025Price drop$2,980,000$2,320,000 -43.8%Listing agent
Feb 15, 2025Price drop$5,300,000$1,099,000 -17.2%Listing agent
Dec 31, 2024New listing$6,399,000Listing agent
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This 710.97-acre property is located at 5555 Sage Flat Rd in Reno, NV 89510. The property is available for sale for $2,980,000. It has a 1,100 sq ft 3 bedroom, 2 bath house.

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