5555 Sage Flat Rd, Reno, NV 89510
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Property image
FOR SALE
3D VIEW
710.97 ACRES

5555 Sage Flat Rd
Reno, NV 89510

  • 3 Beds
  • 2 Baths
  • 1,100 sqft (on 710.97 acres)

$2,980,000

Original price: $5,300,000
Est. Mortgage $16,143/mo*

$2,980,000

Original price: $5,300,000
Est. Mortgage $16,143/mo*
3 Beds
2 Baths
1,100 sqft
(on 710.97 acres)

Local Information

  • Map ViewExplore the area around 5555 Sage Flat Rd.
  • Schools1 Preschool School1 Elementary School1 Middle School1 High School
  • Shop & Eat
-- mins to
Commute Destination

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, 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. **

Home Highlights

Parking
2 Car Garage
Outdoor
No Info
A/C
Heating & Cooling
HOA
None
Price/Sqft
$2,709
Listed
180+ days ago

Home Details for 5555 Sage Flat Rd

Active Status

MLS Status: Active

Interior Features

Beds & Baths
Number of Bedrooms: 3Number of Bathrooms: 2Number of Bathrooms (full): 2
Dimensions and Layout
Living Area: 1100 Square Feet
Appliances & Utilities
Utilities: Electricity AvailableAppliances: Dishwasher, Dryer, Electric Range, Microwave, Refrigerator, WasherDishwasherDryerLaundry: Laundry RoomMicrowaveRefrigeratorWasher
Heating & Cooling
Heating: Forced AirHas CoolingAir Conditioning: Central AirHas HeatingHeating Fuel: Forced Air
Fireplace & Spa
No Fireplace
Windows, Doors, Floors & Walls
Window: BlindsFlooring: Carpet, Wood
Levels, Entrance, & Accessibility
Stories: 1Floors: Carpet, Wood

Exterior Features

Exterior Home Features
Roof: CompositionFencing: NoneVegetation: Alfalfa/HayOther Structures: Barn(s), Shed(s), Workshop, Bunk HouseExterior: Dog RunFoundation: Other
Parking & Garage
Number of Garage Spaces: 2Number of Covered Spaces: 2No CarportHas a GarageHas an Attached GarageParking Spaces: 2Parking: Attached,Garage,Parking Pad
Frontage
Road Frontage: Private RoadResponsible for Road Maintenance: Private Maintained RoadRoad Surface Type: GravelNot on Waterfront
Water & Sewer
Sewer: Septic Tank
Farm & Range
Horse Amenities: Hay Storage

Days on Market

Days on Market: 180+

Property Information

Year Built
Year Built: 1976
Property Type / Style
Property Type: FarmProperty Subtype: FarmStructure Type: HouseArchitecture: House
Building
Construction Materials: Other
Property Information
Parcel Number: 07709003

Price & Status

Price
List Price: $2,980,000Price Per Sqft: $2,709
Status Change & Dates
Possession Timing: Close Of Escrow

Location

Direction & Address
City: Reno
School Information
Elementary School: Spanish SpringsJr High / Middle School: SparksHigh School: Spanish Springs

Agent Information

Listing Agent
Listing ID: 240014982

Building

Building Area
Building Area: 1100 Square Feet

Lot Information

Lot Area: 710.97 Acres

Offer

Listing Terms: Cash, Conventional

Miscellaneous

Mls Number: 240014982
Last check for updates: about 2 hours ago
Listing courtesy of Todd Renfrew B.1001686, (707) 455-4444
Outdoor Properties of Nevada
Source: NNRMLS, MLS#240014982
Also Listed on NNRMLS.

Market trends in Reno

Last updated June 2026
Buyer'sMarketSeller'sMarket
Avg. sale price
$569K
$8.33K
MoM
Sale-to-List Price
99.8%
0.2%
MoM
Price per sq ft
$331
$6
MoM
Available listings
1105
26
MoM

Price History for 5555 Sage Flat Rd

DatePriceEventSource
09/19/2025$2,980,000PriceChange
NNRMLS #240014982
02/14/2025$5,300,000PriceChange
NNRMLS #240014982
12/03/2024$6,399,000Listed For SaleNNRMLS #240014982
03/17/2020$0Sold
NNRMLS #190006989
05/15/2019$5,500,000Listed For SaleAgent Provided

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Property Tax and Assessment

Year2026
Tax$3,694
Assessment$313,196
Home facts updated by county records

Comparable Sales for 5555 Sage Flat Rd

Address
Distance
Property Type
Sold Price
Sold Date
Bed
Bath
Sqft
1.63
Single-Family Home
$625,000
09/24/25
3
2
2,036
2.22
Single-Family Home
$975,000
06/30/26
4
2
1,925
2.26
Single-Family Home
$728,000
12/05/25
3
2
2,151
2.33
Single-Family Home
$735,000
07/06/26
3
2
2,151
2.33
Single-Family Home
$715,000
08/14/25
3
2
2,150
2.37
Single-Family Home
$740,000
05/22/26
3
2
2,151
2.97
Single-Family Home
$707,500
07/31/25
3
2
2,092
2.71
Single-Family Home
$957,500
03/17/26
4
3.5
2,556
3.08
Single-Family Home
$620,000
07/23/25
2
2
1,562

Nearby homes

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What Locals Say about Reno

At least 1661 Trulia users voted on each feature.
  • 88 % Say it's dog friendly

  • 85 % Say car is needed

  • 83 % Say there are sidewalks

  • 74 % Say parking is easy

  • 72 % Say yards are well-kept

  • 71 % Say there's holiday spirit

  • 63 % Say people would walk alone at night

  • 61 % Say it's quiet

  • 61 % Say kids play outside

  • 54 % Say streets are well-lit

  • 50 % Say it's walkable to restaurants

  • 50 % Say they plan to stay for at least 5 years

  • 49 % Say neighbors are friendly

  • 49 % Say there's wildlife

  • 45 % Say it's walkable to grocery stores

  • 24 % Say there are community events

Sourced by Trulia users. Learn more about our methodology.
  • Alejandra
    "There are families from different ethnicities and ages, I like that from my neighborhood. People are kind and it’s safe. I can walk with my kids and feel safe. There’s not traffic noise and is very peaceful to live here. I can’t wait to see the freeway construction done, because when freeway opens completely everything would be more easier for everyone."
  • Alejandra
    "My neighbor is a little bit far away but very safe and clean. People here is respectful and houses have decent size backyard "
  • Steven Colby
    "It is easy to get too many places, there isn’t any noise from the airport because the planes go to the north and south."
  • J5rxcfq24f
    "The rib cook off, the wing fest, street vibrations, hot August nights, the new years and Fourth of July celebrations."
  • Demirawilliams98
    "Probably loud barking dogs or bowl movements (dog poop) left behind on in areas where they are not allowed although having free poop bags."
  • J5rxcfq24f
    "The hot air balloons and the dragon lights events at San Rafael park are fun and engaging for the community."
  • Asmith8733
    "Nothing it is not pet friendly and too small for animal owners to have pets. Traffic and parking are bad. "
  • Steve Schoenberger
    "Nice and safe. Everyone is aware of keeping the neighborhood safe and being friendly. "
  • J5rxcfq24f
    "Hot August nights, the zombie/santa crawls, the rib cook off and the chicken wing fest are good events that keep the community connected."
  • Linda Satchwell
    "Friendly, caring neighbors. Friendly dogs. Well cared for yards. It feels super safe. Great place to walk."
  • Rachel Chavez
    "There is a nice park with a trail to walk. The park has a large open grass area that is used for soccer and softball. It’s good for playing fetch but advised to pick up any presents your dog leaves so kids don’t step in it while playing. "
  • Steve Schoenberger
    "Love the area, very safe and easy access to everything you would need. Freeway and veterans pkwy make everything easy to get to "
  • Yessy Merriott
    "I lived here most of my life it’s clean and friendly but HOA is horrible over pricing and not many pools or safe system. "
  • Kayla M
    "People walk their dogs around here all the time. Very pet friendly community where the neighbors are all very kind and welcoming. "
  • Wendykanderson
    "Beautifully landscaped and well maintained. Neighbors are awesome and it’s centrally located and easy to commute anywhere "
  • skinkym
    "Coyotes are prevalent in our area . Keep dogs on leash at all times. We have a beautiful park in our neighborhood, we feel quite lucky to live here. "
  • Dfwrgyvxvy
    "The area is nice for walking dogs however some owners don’t believe in a leash. The area gets dark at night and there have been bear reported."
  • Liza Eckels
    "20 min to downtown via the highway, fairly straightforward and not a lot of traffic. Can be icy when it snows "
  • Jeff.gail
    "I drive 10 minutes to work, so I can’t complain. Mostly through neighborhoods, avoiding freeways for the most part."
  • Leah
    "Lots of dog lovers here and people who meet up at the park after work to let the dogs play. Everyone is very friendly and laid back. It's a very safe and community oriented neighborhood."
  • Tom.hansen
    "The Southwest neighborhood is an amazing beautiful place to walk your dog. It’s dog and dog owner heaven. "
  • Y7mdw5n8m9
    "Hard with the freeway under construction too many cars and not enough roads free from traffic. The end nothing more to say"
  • Ittybitty0510
    "it’s really great and i really like the area there’s a lot of people you can become friends with and bunch of food places"
  • ccooley
    "This is a safe, beautiful neighborhood next to trails and with a pretty park and tennis court. It’s great!"
  • Trulia User
    "Beautiful, lots of trees. People keep their homes up nicely. 15 minutes from everything. Great views of the city. Parks nearby. Can’t walk to the shopping center with grocery store and hardware store."
  • Hannahlockhart91949
    "Simple neighborhood - the world is different nowadays so it’s not super neighborly. Not a bad place to live."
  • Allicia
    "Great access to local areas and public transportation. East access to freeway and quiet neighborhood around my home"
  • Trulia User
    "Lived in neighborhood for 15 years and it has always been safe and a good pace to live. People take walks "
  • Trulia User
    "My neighborhood has great Access to restaurants and stores. Great access to Reno proper as well as a very easy drive to pyramid lake to the north Washoe lake Tahoe lake to the south and southeast."
  • Trulia User
    "Yes yes he’s its a good neighborhood and quiet and dfficult to find when you get people to visit you "
  • Trulia User
    "Wells Avenue is a very busy street and has poor lighting at night. there have been a number of pedestrians hit over the last few years so please be mindful of your children, pets and yourself when walking along it. "
  • Trulia User
    "During summer time. July is art town! I am an artist and Reno downtown is the best area for this. especially sculptures. Sculpture fest is coming up in May and I am very excited. Large art community down town. "
  • Trulia User
    "adorable cute subdivision with nice sidewalks throughout to walk and the lake is across the street. stores nearbye. nice neighbors"
  • Trulia User
    "Festive involvement! There is a great craft faire at the high school & the neighborhoods are friendly & welcoming!"
  • Trulia User
    "Great outdoor areas for dogs and several decent parks you can walk to for kids as well. Nice neighborhood, friendly. Safe for families."
  • Trulia User
    "There are many families here with children and pets and recreational vehicles. There are also a lot of parks and walking trails! "
  • Trulia User
    "lots of families of young kids! great place to raise children. safe and lots of bike paths and hiking trails "
  • Craddub60
    "People drive way too fast throughout this area. A bit of a “rat race” if you will. Lower crime. Decent schools. Lots of close, fast food places and some dining. Housing has gotten really expensive for places that really aren’t all that nice. Decent amount of parks and churches throughout the area. Short drive to downtown, but not close enough to walk, although there are more and more homeless people making their way to the intersections and parking lots in the area."
  • Trina H.
    "Collective community, education & faith based events. Entertainment & recreational. Paved pathways, convenient grocery etc "
  • Toby M.
    "Hot august nights, air races , balloon races, rodeo, casino entertainment, holiday fire works, lakes, parks, camel races. "

LGBTQ Local Legal Protections

Todd Renfrew, Outdoor Properties of Nevada
Agent Phone: (707) 455-4444
IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed. The content relating to real estate for sale on this web site comes in part from the Broker Reciprocity/ IDX program of the Northern Nevada Regional Multiple Listing Service°. Real estate listings held by brokerage firms other than Zillow, Inc. are marked with the Broker Reciprocity logo and detailed information about those listings includes the name of the listing brokerage. Any use of the content other than by a search performed by a consumer looking to purchase or rent real estate is prohibited. © 2026 Northern Nevada Regional Multiple Listing Service® MLS. All rights reserved.
5555 Sage Flat Rd, Reno, NV 89510 is a 3 bedroom, 2 bathroom, 1,100 sqft single-family home built in 1976. This property is currently available for sale and was listed by NNRMLS on May 17, 2025. The MLS # for this home is MLS# 240014982.