Estimated payment $16,277/month
Highlights
- Barn
- Meadow
- Wood Flooring
- 710.97 Acre Lot
- Farm
- Separate Outdoor Workshop
About This Home
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
Property Type
- Other
Est. Annual Taxes
- $11,099
Year Built
- Built in 1976
Lot Details
- 710.97 Acre Lot
- Property fronts a private road
- Creek or Stream
- Dog Run
- Landscaped
- Level Lot
- Irrigation
- Meadow
- Property is zoned Pr 18/Lds 82
Parking
- 2 Car Attached Garage
- Parking Pad
Home Design
- Farm
- Composition Roof
Interior Spaces
- 1,100 Sq Ft Home
- 1-Story Property
- Ceiling Fan
- Blinds
- Family Room
- Open Floorplan
Kitchen
- Electric Range
- Microwave
- Dishwasher
Flooring
- Wood
- Carpet
Bedrooms and Bathrooms
- 3 Bedrooms
- 2 Full Bathrooms
Laundry
- Laundry Room
- Dryer
- Washer
Outdoor Features
- Separate Outdoor Workshop
- Shed
Schools
- Spanish Springs Elementary School
- Sparks Middle School
- Spanish Springs High School
Farming
- Barn
- Bunk House
- Farm
- Crops
- Hay
Utilities
- Forced Air Heating and Cooling System
- Water Rights
- Central Water Heater
- Septic Tank
Additional Features
- Property is near creek
- Hay Storage
Listing and Financial Details
- Assessor Parcel Number 077-090-03
Map
Tax History
| Year | Tax Paid | Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. | Land | Improvement |
|---|---|---|---|---|
| 2026 | -- | $109,619 | $33,266 | $76,353 |
| 2024 | $3,420 | $107,540 | $27,348 | $80,192 |
| 2023 | $3,167 | $98,630 | $24,129 | $74,500 |
| 2022 | $3,075 | $86,001 | $21,882 | $64,119 |
| 2021 | $2,847 | $83,574 | $20,405 | $63,169 |
| 2020 | $2,764 | $81,805 | $17,809 | $63,996 |
| 2019 | $2,632 | $82,073 | $17,852 | $64,221 |
| 2018 | $2,556 | $81,138 | $18,173 | $62,965 |
| 2017 | $2,453 | $78,282 | $13,844 | $64,438 |
| 2016 | $2,391 | $77,250 | $10,547 | $66,703 |
| 2015 | $1,193 | $67,711 | $9,617 | $58,094 |
| 2014 | $2,312 | $67,021 | $9,186 | $57,835 |
| 2013 | -- | $67,162 | $9,027 | $58,135 |
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 09/19/2025 09/19/25 | Price Changed | $2,980,000 | -53.4% | $2,709 / Sq Ft |
| 12/02/2024 12/02/24 | For Sale | $6,399,000 | -- | $5,817 / Sq Ft |
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Bargain Sale Deed | $4,400,000 | First Centennial Reno | |
| Trustee Deed | $600,000 | Western Title Inc Ridge | |
| Bargain Sale Deed | $4,274,500 | First American Title |
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Previous Owner | $3,899,500 | Seller Take Back |
Source: Northern Nevada Regional MLS
MLS Number: 240014982
APN: 077-090-03
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