Motivated seller - bring all offers. Nestled in the serene and tranquil landscape of Palomino Valley, this sprawling 40-acre parcel offers an unparalleled opportunity to create your dream retreat. The property has 4 fenced acres with 4 access gates, an 8x16 shed equipped with 6 solar panels and 4 batteries in series and a 3,000-gallon potable water storage tank. The well, drilled in 2023, produces 50 GPM. This is an excellent value for the price! Whether you are looking to build a cozy cabin or an elegant,, spacious residence you will certainly enjoy the privacy and tranquility this property provides. Don't miss the chance to own this idyllic piece of paradise—it's the perfect canvas for your imagination to flourish.
Active
$240,000
5150 Twin Springs Rd, Reno, NV 89510
--beds
0baths
40Acres
Land
Built in ----
40 Acres Lot
$-- Zestimate®
$--/sqft
$-- HOA
What's special
- 299 days
- 150
- 6
Zillow last checked:
Listing updated:
Listed by:
Jo Ann Burke S.180910 775-848-9070,
Dickson Realty - Caughlin
Source: NNRMLS,MLS#: 250058318
Facts & features
Interior
Bedrooms & bathrooms
- Bathrooms: 0
Property
Features
- Fencing: Partial
- Has view: Yes
- View description: Desert, Mountain(s), Rural, Valley
Lot
- Size: 40 Acres
- Features: Sloped Down, Sloped Up
Details
- Additional structures: Outbuilding
- Parcel number: 07730023
- Zoning: GRA
- Horses can be raised: Yes
Utilities & green energy
- Sewer: Septic Needed
- Water: Well
- Utilities for property: Cable Not Available, Electricity Available, Internet Available, Water Available
Community & HOA
HOA
- Has HOA: No
Location
- Region: Reno
Financial & listing details
- Tax assessed value: $158,826
- Annual tax amount: $1,057
- Date on market: 11/17/2025
- Cumulative days on market: 481 days
- Listing terms: Cash,Conventional,FHA,Relocation Property,USDA Loan,VA Loan
- Road surface type: Dirt
Estimated market value
Not available
Estimated sales range
Not available
Not available
Price history
| Date | Event | Price |
|---|---|---|
| 11/17/2025 | Listed for sale | $240,000-12.7% |
Source:  NNRMLS #250058318 Report a problem | ||
| 8/2/2025 | Listing removed | $275,000 |
Source: NNRMLS #250001218 Report a problem | ||
| 3/10/2025 | Price change | $275,000-6.8% |
Source: NNRMLS #250001218 Report a problem | ||
| 2/1/2025 | Listed for sale | $295,000+47.5% |
Source: NNRMLS #250001218 Report a problem | ||
| 4/26/2022 | Sold | $200,000 |
Source: Public Record Report a problem | ||
| 4/13/2022 | Pending sale | $200,000 |
Source: NNRMLS #220004551 Report a problem | ||
| 4/9/2022 | Listed for sale | $200,000+233.3% |
Source: NNRMLS #220004551 Report a problem | ||
| 5/3/2018 | Sold | $60,000+20% |
Source: Public Record Report a problem | ||
| 6/5/1998 | Sold | $50,000 |
Source: Public Record Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2026 | $979 +8% | $55,589 +12.9% |
| 2025 | $907 +8% | $49,253 +18.7% |
| 2024 | $839 +17.7% | $41,478 +18.9% |
| 2023 | $713 +8% | $34,871 +23% |
| 2022 | $660 +6.3% | $28,350 +28.6% |
| 2021 | $621 +5% | $22,050 +16.7% |
| 2020 | $592 -4.8% | $18,900 |
| 2019 | $621 +5% | $18,900 |
| 2018 | $592 +9.2% | $18,900 +27.7% |
| 2017 | $542 | $14,805 |
| 2016 | $542 | $14,805 |
| 2015 | $542 | $14,805 |
| 2014 | $542 | $14,805 |
| 2013 | $542 | $14,805 |
| 2012 | -- | $14,805 |
| 2011 | -- | $14,805 |
| 2010 | -- | $14,805 -61.9% |
| 2009 | -- | $38,824 -23% |
| 2008 | -- | $50,400 |
| 2007 | -- | $50,400 +116.9% |
| 2006 | -- | $23,239 +11% |
| 2005 | -- | $20,936 +14% |
| 2004 | -- | $18,364 +6% |
| 2003 | -- | $17,325 +16.4% |
| 2002 | -- | $14,883 |
| 2001 | -- | $14,883 |
Find assessor info on the county website
Monthly payment
Climate risks
Neighborhood: 89510
Nearby schools
Schools provided by the listing agent
- Elementary: Taylor
- Middle: Shaw Middle School
- High: Spanish Springs
Source: NNRMLS. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.
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