5555 Sage Flat Rd

Reno, NV 89510

$2,980,000
Price
30,969,853 / 710.97
Lot Size / Acres
Virtual Tour
Virtual Tour
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Description

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,...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.

Property Details for 5555 Sage Flat Road

Zoning
Pr 18/Lds 82
LISTING UPDATED: 12/01/2025 06:22 PM

Property Details for 5555 Sage Flat Road

StatusActive
MLS #240014982
Days on Compass406
Taxes$11,099 / year
HOA Fees-
Condo/Co-op Fees-
Compass TypeLand
MLS TypeFarm & Ranch / Farm
Year Built1976
Lot Size710.97 AC
CountyWashoe County

Location

Listing Courtesy of Outdoor Properties of Nevada, Todd Renfrew, License #B.1001686
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Building Information for 5555 Sage Flat Road

Lot Size710.97 AC

Payment Calculator

$15,449 per month

30 year fixed, 6.15% Interest

Principal and Interest

$14,524

Property Taxes

$925

HOA Dues

$0

The Payment Calculator is for illustrative purposes only.

Property Information for 5555 Sage Flat Road

Summary
Location and General Information
  • Directions: Pyramid Hwy. / Whiskey Springs Rd.
  • Address:Parcel Number: 077-090-03
Taxes and HOA
  • Association Fee: $0
  • Tax Annual Amount: $11,099
  • Tax Legal:Elementary School: Spanish Springs
  • Tax Legal:Middle Or Junior School: Sparks
  • Tax Legal:High School: Spanish Springs
  • Tax Legal:Tax Annual Amount: $11,099
  • Tax Legal:Special Assessments and Bonds Other Than CIC: 0.0
  • Tax Legal:Zoning: Pr 18/Lds 82
  • Tax Legal:Zoning Source: Assessor
  • Tax Legal:Directions: Pyramid Hwy. / Whiskey Springs Rd.
Parking
  • Attached Garage YN: Yes
  • Garage Spaces: 2.0
  • Garage YN: Yes
  • Parking Features: Attached, Garage, Parking Pad
  • Parking Information:Garage YN: Yes
  • Parking Information:Garage Spaces: 2.0
  • Parking Features:Attached: Yes
  • Parking Features:Garage: Yes
  • Parking Features:Parking Pad: Yes
School Information
  • Elementary School: Spanish Springs
  • High School: Spanish Springs
  • Middle Or Junior School: Sparks
Virtual Tour
Property
Lot Information
  • Living Area Source: Assessor
  • Lot Features: Landscaped, Level, Meadow
  • Lot Size Acres: 710.97
  • Lot Size Area: 710.97
  • Lot Size Square Feet: 3.09698532E7
  • Lot Size Units: Acres
  • Water Source: Pump, Underground
  • Building Area Total: 1100.0
  • Road Surface Type: Gravel
  • Living Area: 1100.0
  • Lot:Lot Size Acres: 710.97
  • Lot:Lot Size Square Feet: 3.09698532E7
  • Lot:Ditches YN: No
  • Lot Features:Landscaped: Yes
  • Lot Features:Level: Yes
  • Lot Features:Meadow: Yes
  • Water Body Type:Creek/River: Yes
  • Land Details:Ag Tax Deferral YN: No
  • Land Details:Crops Included YN: No
  • Land Details:Grazing Permits BLM YN: No
  • Land Details:Grazing Permits Forest Service YN: No
  • Land Details:Grazing Permits Private YN: No
  • Land Details:Irrigated Land YN: Yes
  • Land Details:Mineral Rights YN: No
  • Land Details:Railroad Permits YN: No
  • Land Details:Easements YN: Yes
  • Land Details:Road Easement YN: Yes
  • Land Details:Utility Easement YN: No
  • Proven Minerals:None: Yes
  • Road Surface Type:Gravel: Yes
Property and Assessments
  • Parcel Number: 077-090-03
  • Possession: Close Of Escrow
  • Road Frontage Type: Private Road
  • Road Responsibility: Private Maintained Road
  • Property Type: Farm & Ranch
  • Year Built: 1976
  • Property Sub Type: Farm
  • Current Use: Row Crops, Hunting, Farm
  • Possession:Close Of Escrow: Yes
  • Road Frontage Type:Private Road: Yes
  • Road Responsibility:Private Maintained Road: Yes
  • Current Use:Farm: Yes
  • Current Use:Hunting: Yes
  • Current Use:Row Crops: Yes
Farm Information
  • Grazing Permits Private YN: No
  • Grazing Permits Forest Service YN: No
  • Crops Included YN: No
  • Vegetation: Alfalfa/Hay
  • Crop Ownership:Leased: Yes
  • Vegetation:Alfalfa/Hay: Yes
  • Irrigation Method:Sprinkle: Yes
  • Livestock Capacity:1-49: Yes
  • Livestock Water:Creek/River: Yes
Green Features
  • Grazing Permits Blm YN: No
Utilities
  • Sewer: Septic Tank
  • Utilities: Electricity Available
  • Utilities:Cooling YN: Yes
  • Utilities:Heating YN: Yes
  • Utilities:Electricity Available: Yes
  • Sewer:Septic Tank: Yes
  • Water Heater:Central: Yes
  • Water Rights:Water Rights YN: Yes
  • Water Rights:Acres of Water Rights: 1268.15
  • Water Rights:Water Rights Fees: $0
  • Water Source:Pump: Yes
  • Water Source:Underground: Yes
Interior and Exterior Features
Exterior Features
  • Stories: 1
  • Construction Materials: Other
  • Exterior Features: Dog Run
  • Fencing: None
  • Foundation Details: Other
  • Other Structures: Barn(s), Shed(s), Workshop, Bunk House
  • Roof: Composition
  • Structure Type: House
  • Window Features: Blinds
  • Horse Amenities: Hay Storage
  • Building:Stories: 1.0
  • Construction Materials:Other: Yes
  • Exterior Features:Dog Run: Yes
  • Fencing:None: Yes
  • Foundation Details:Other: Yes
  • Other Structures:Barn(s): Yes
  • Other Structures:Bunk House: Yes
  • Other Structures:Shed(s): Yes
  • Other Structures:Workshop: Yes
  • Roof:Composition: Yes
  • Security Features:Other: Yes
  • Structure Type:House: Yes
  • Window Features:Blinds: Yes
  • Horse Amenities:Hay Storage: Yes
Interior Features
  • Cooling: Central Air
  • Cooling YN: Yes
  • Fireplace YN: No
  • Flooring: Carpet, Wood
  • Heating: Forced Air
  • Heating YN: Yes
  • Interior Features: Ceiling Fan(s)
  • Laundry Features: Laundry Room
  • Bathrooms Total Integer: 2
  • Bathrooms Total Decimal: 2.0
  • Bathrooms Total Notational: 2.0
  • Bedrooms Total: 3
  • Bathrooms Full: 2
  • Bathrooms Half: 0
  • Appliances: Dishwasher, Dryer, Electric Range, Microwave, Refrigerator, Washer
  • Interior:Bathrooms Half: 0.0
  • Interior:Living Area: 1100.0
  • Interior:Living Area Source: Assessor
  • Interior:Fireplace YN: No
  • Cooling:Central Air: Yes
  • Flooring:Carpet: Yes
  • Flooring:Wood: Yes
  • Heating:Forced Air: Yes
  • Interior Features:Ceiling Fan(s): Yes
  • Interior Features:None: Yes
  • Appliances:Dishwasher: Yes
  • Appliances:Dryer: Yes
  • Appliances:Electric Range: Yes
  • Appliances:Microwave: Yes
  • Appliances:Refrigerator: Yes
  • Appliances:Washer: Yes
  • Laundry Features:Laundry Room: Yes
Room Information
Kitchen
  • Kitchen Features:Built-In Dishwasher: Yes
  • Kitchen Features:Built-In Microwave: Yes
Primary Bedroom
  • Primary Bedroom Features:On Main Floor: Yes
Other Rooms
  • Other Rooms:Other: Yes
Rental
Rent Information
  • Occupant Type: Tenant

Property History for 5555 Sage Flat Road

DateEvent & SourcePriceAppreciation
Sep 19, 2025

Price Change

NNRMLS #240014982

$2,980,000—
Feb 14, 2025

Price Change

NNRMLS #240014982

$5,300,000—
Dec 2, 2024

Listed (Active)

NNRMLS #240014982

$6,399,000—
Mar 17, 2020

Sold

NNRMLS #190006989

$4,400,000—
Nov 7, 2019

Pending

NNRMLS #190006989

—
May 14, 2019

Listed (Active)

NNRMLS #190006989

$5,500,000—
DateEvent & SourcePrice
09/19/2025

Price Change

NNRMLS #240014982

$2,980,000
02/14/2025

Price Change

NNRMLS #240014982

$5,300,000
12/02/2024

Listed (Active)

NNRMLS #240014982

$6,399,000
03/17/2020

Sold

NNRMLS #190006989

$4,400,000
11/07/2019

Pending

NNRMLS #190006989

—
05/14/2019

Listed (Active)

NNRMLS #190006989

$5,500,000

For completeness, Compass often displays two records for one sale: the MLS record and the public record.

Public Records for 5555 Sage Flat Road

Taxable ValueLand$29,707Additions$78,587Total$108,294
Tax Record2025$3,694 ($308 / month)
Home Facts
Beds3Baths2Total Finished SqFt1,100 SqFtAbove Grade Finished SqFt1,100 SqFtStories1Lot Size2,621,441 SqFtStyleSingle Family ResidenceYear Built1976ZoningPR18% / LDS 8CountyWASHOEAPN077-090-03Fireplace TypeHas Fireplace

Schools near 5555 Sage Flat Road

This home is within Washoe County School District.
Rating
School
Type
Grades
Distance
Alyce Savage Taylor Elementary School
Public - PK to 5
Yvonne Shaw Middle School
Public - 6 to 8
Spanish Springs High School
Public - 9 to 12
Sierra Nevada Academy Charter
Charter - K to 11
Rating
School
Distance
Alyce Savage Taylor Elementary School
PublicPK to 5

Yvonne Shaw Middle School
Public6 to 8

Spanish Springs High School
Public9 to 12

Sierra Nevada Academy Charter
CharterK to 11

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

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More information about 5555 Sage Flat Road, Reno, NV 89510

5555 Sage Flat Road is a 710.97 ac of land for sale in Reno, NV 89510. This property was listed for sale on December 2, 2024 by Outdoor Properties of Nevada, it's currently listed at $2,980,000. It has been on the market for a total of 406 days and was last sold on March 17, 2020. This listing's school district is Washoe County School District. Nearby schools include Alyce Savage Taylor Elementary School, Yvonne Shaw Middle School and Spanish Springs High School. 5555 Sage Flat Road is a 3-bed, 2-bath, 1,100 sqft 710.97 ac of land built in 1976 on a 30,969,853 sq. ft. / 710.97 acres lot.

No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of descriptions or measurements (including square footage measurements and property condition), such should be independently verified, and Compass, Inc., its subsidiaries, affiliates and their agents and associated third parties expressly disclaims any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. Offers of compensation are subject to change at the discretion of the seller. No financial or legal advice provided. Equal Housing Opportunity.

Listing Courtesy of Outdoor Properties of Nevada, Todd Renfrew, License #B.1001686

Based on information from one of the following Multiple Listing Services: MetroList, Tahoe Sierra Board of REALTORS, South Tahoe Association of REALTORS, Mammoth Lakes Board of REALTORS MLS, Northern Nevada Regional MLS, Incline Village Board of REALTORS, Inyo County MLS, and Plumas Association of REALTORS.. Information being provided is for the visitor’s personal, noncommercial use and may not be used for any purpose other than to identify prospective properties visitor may be interested in purchasing. The data contained herein is copyrighted by MetroList, Tahoe Sierra Board of REALTORS, South Tahoe Association of REALTORS, Mammoth Lakes Board of REALTORS MLS, Northern Nevada Regional MLS, Incline Village Board of REALTORS, Inyo County MLS, and Plumas Association of REALTORS. is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited. Property information referenced on this web site comes from the Internet Data Exchange (IDX) program of the MLS. This web site may reference real estate listing(s) held by a brokerage firm other than the broker and/or agent who owns this web site. For the avoidance of doubt, the accuracy of all information, regardless of source, is deemed reliable but not guaranteed and should be personally verified through personal inspection by and/or with the appropriate professionals.