Back to Search
Agricultural Land with Water Rights

Reno, NV 89510 Reno, NV 89510

New
Reno, NV, 89510
$349,000
For Sale
$349,000

LAND - Reno, NV

Lot Size40.27 Acres
Days on Market6

Property Features

General Information

Property type
Land
Property subtype
Other
Standard status
Active
Lot size
40.27 Acres
Listing agency NextHome Yourpickettfence Group
Listed by Tim Lambdin · License #BS.7450
Added: Jul 16 Updated: Jul 20 at 3:58PM Checked: Jul 21 at 1:06PM
MLS# 260001498

Copyright © 2026 NextHome, Inc. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.


Investment Insights

Based on property information with market context.

This 40.27-acre agricultural land parcel in Palomino Valley is offered with water rights and subdivision potential. The property is described as wide open with mountain views, and it offers room for future development or custom use. The seller notes the ability to subdivide into 5-acre lots, with the buyer responsible for transfer costs associated with that process.

The remarks indicate good road access, and that power is nearby. For recreation and nearby destinations, Pyramid Lake is noted as about 10 minutes away, while Ironwood Events Center and boarding are noted as about 8 minutes away.

As presented in the listing, this is a large tract designed for flexibility, combining water rights with an acknowledged subdivision pathway into smaller lots.

Key Highlights

  • 40‑acre parcel in Palomino Valley with water rights included.
  • Subdivision potential: ability to subdivide into 5‑acre lots (buyer pays transfer cost).
  • Wide open space with mountain views.

Property Analytics

Location Intelligence

Current Use by Public Records

Agricultural land / Farmland

FAQs

What type of property is this?
Agricultural land / Farmland - Rural land parcel with water rights and subdivision potential into 5-acre lots on 40+ acres.
Where is this agricultural land / farmland located?
The property is located at Reno, NV.
What is the asking price?
The asking price for this property is $349,000.
What are key features of this property?
This property features: 40‑acre parcel in Palomino Valley with water rights included.; Subdivision potential: ability to subdivide into 5‑acre lots (buyer pays transfer cost).; Wide open space with mountain views.
Contact an agent
More about this property
Thanks! Your message was sent.
Error! Your message wasn't sent.
Please enter your name
Please enter email
Please enter the email in the correct format
Please enter phone
Please enter the number in the correct format
Please enter message