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    OFF-MARKET
    Land

    400 Grn Gulch Rnch Rd, Pike, CA 95960

    336.91 ac lot
    Property ID
    Property summary
    AI-generated overview

    This exceptional 336.91-acre property, nestled against the eastern slope of the Sierra Nevada Mountains near the California/Nevada border, presents a unique investment opportunity. Located just 17 miles from downtown Reno, Nevada, and accessible via a private road, the ranch boasts a rich history as a working cattle and hay operation. The property includes a fully functional set of corrals with a loading and squeeze chute, and is perimeter and cross-fenced for efficient livestock management. Currently supporting 60+ breeding pairs, replacement heifers, and bulls, the ranch features approximately 200 acres of irrigated meadow hay land producing 300+ tons annually, with surplus hay sold by the bale. An additional 71 acres of irrigated pasture and 48.8 acres of native grazing land complement the hay production. Water resources are abundant, with a large irrigation reservoir fed by South Creek along the southwest boundary and a smaller reservoir supplied by Purdy Creek. The 17-acre farmstead comprises a mid-century modern main residence, a caretaker/guest house, a bunkhouse, a stunning refurbished historical stone house, a large barn, a newer hay barn, and various outbuildings. A 2,000 square foot climate-controlled shop building and ample horse stalls, tack, and feed rooms within the older barn add to the property's functionality. Two ponds, one stocked with bass and the other with trout, enhance the recreational appeal. The property features mature shade trees, fruit trees, and a lush lawn, creating a beautiful setting with lovely outdoor areas perfect for entertaining. The ranch is adjacent to Fish and Wildlife property, offering privacy and seclusion while remaining conveniently close to amenities. Access to Washoe County schools is available through a cooperative contract with Sierra County. Adjudicated water rights cover 288.10 acres. This turnkey operation offers a blend of agricultural productivity, recreational opportunities, and a stunning mountain setting. The asking price is $2,750,000.

    Property profile
    Verified
    Property type Land
    Lot 336.91 ac (14,675,800 SF)
    Cap rate & NOI
    Priority signal for investors
    Implied cap rate, NOI & suggested price
    Cap rate vs submarket · NOI estimate · 3 price anchors
    Implied cap rate, NOI & suggested price
    Cap vs submarket · NOI estimate · 3 price anchors
    Value estimations
    Realmo proprietary · 4 methods
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    Owner & transaction history
    Owner on record
    Zoning & alternative use
    Permitted uses
    Permitted uses
    Allowed · conditional · prohibited
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