5555 Sage Flat Road
Reno,
NV
89510
Todd Renfrew with Outdoor Properties of Nevada - Vacaville,
original listing - (775) 455-0225
Property Details
| List Price: |
$6,399,000 |
| Beds: |
3 |
| Baths: |
Full: 2 |
| Status: |
Active |
SqFt: |
1100 Square Feet |
| Agency: |
Outdoor Properties of Nevada - Vacaville |
| Agency Phone: |
(775) 455-0225 |
Description/Comments
| Lot Size: |
875 acre(s) |
| Property Type: |
Land-Other |
| Year Built: |
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| Notes: |
The *875-acre* Palomino Farms stands as a cherished agricultural hallmark of the Palomino Valley. It is located just a 15-minute drive to Sparks, NV and a 30-minute drive to Reno, NV, one of the fastest-growing metropolitan regions in the United States.<br />
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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 5.25 tons per acre of high-quality alfalfa. The crop is bolstered by 1,266 + acre feet of underground water rights, two 600+ ft. ag wells, and two 150 HP pumps for each. Additionally, there are approximately 450 acres of rangeland to boot.<br />
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Palomino Farms has been on the cutting edge of innovative and sustainable water solutions in an ever-changing world through OneWater Nevada Initiative, a collaboration with the University of Nevada, Reno, City of Reno, City of Sparks, Washoe County, and the Truckee Meadows Water Authority. This promising initiative would pipe recycled water from nearby northern Nevada urban communities, significantly reducing the need for groundwater pumping on the farm. Additionally, extensive research and testing have confirmed an opportunity for a massive volume of Truckee River water to be stored in a large underground aquifer beneath Palomino Farms.<br />
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Home Sweet Home is a comfortable 1,100 sq. ft. updated three-bedroom, two-bath home with a lawn. It includes a large kitchen with stainless steel appliances and a cozy living room. Ranch infrastructure includes a pole hay barn, equipment shed, shop, and outbuildings.<br />
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It is extremely rare to find such a productive alfalfa farm with enviable water rights and buildable lots in Washoe County. Discover the endless opportunities with Palomino Farms!<br />
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PROPERTY HIGHLIGHTS:<br />
Investment Opportunity!<br />
*875-acre* agricultural property in Palomino Valley, NV<br />
15-minute drive to Sparks & 30-minute drive from Reno<br />
High-quality alfalfa and grass hay production<br />
220.60 irrigated acres under center-pivot irrigation<br />
46.25 irrigated acres under wheel line & mainline irrigation<br />
Approximately 3.55 to 4.3 ton per acre of alfalfa yield<br />
1,266+ acre-feet of underground water rights<br />
Two 600+ ft. agricultural wells<br />
450 acres of rangeland<br />
Participation in the OneWater Nevada Initiative<br />
Potential for recycled water from Northern NV urban communities to be used for irrigation<br />
Reduced reliance on groundwater pumping<br />
1,100 sq. ft. 3-bedroom, 2-bathroom home<br />
Pole hay barn, equipment shed, shop, and outbuildings<br />
Productive alfalfa farm with valuable water rights<br />
Potential for development in Washoe County |
| MlsNumber: |
-- |
| ListingId: |
240014982 |
Estimate Your Monthly Payment
| Listing Provided By: |
Outdoor Properties of Nevada - Vacaville, original listing |
| Office Phone: |
(775) 455-0225 |
| Agent Name: |
Todd Renfrew |
| Disclaimer: |
Copyright © 2024 LandLeader. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified. |
