40 acres in Palomino Valley with water rights and subdivision potential. Wide open space, mountain views, the kind of peace that feels hard to find these days. This is a rare opportunity to own a large, buildable parcel with water rights included and the ability to subdivide into 5 acre lots. Buyer pays transfer cost on those. Enjoy quiet rural living with good road access and plenty of room for a custom home, ranch, horses, or future development. Power is nearby, and the property feels private and serene while still being an easy drive to Reno. Pyramid Lake is about 10 minutes away for fishing, boating, and weekend adventures, and Ironwood Events Center and boarding is just 8 minutes away. Whether you want to build your dream homestead, invest in land with long term upside, or create your own slice of high desert freedom, this property offers space, flexibility, and real potential. Opportunities like this in Palomino Valley are limited. Say goodbye to big city anxiety. You will love it.
Active
$349,000
Sharrock Rd, Reno, NV 89510
--beds
0baths
40.27Acres
Land
Built in ----
40.27 Acres Lot
$-- Zestimate®
$--/sqft
$-- HOA
What's special
Mountain viewsGood road accessQuiet rural livingWide open space
- 170 days |
- 63 |
- 5 |
Zillow last checked:
Listing updated:
Listed by:
Tim Lambdin BS.7450 775-813-3414,
NextHome Yourpickettfence Group,
Rebecca Delumeau S.202036 916-500-2394,
NextHome Yourpickettfence Group
Source: NNRMLS,MLS#: 260001498
Facts & features
Interior
Bedrooms & bathrooms
- Bathrooms: 0
Property
Features
- Fencing: Partial,None
- Has view: Yes
- View description: Desert, Mountain(s), Rural, Valley
Lot
- Size: 40.27 Acres
- Features: Level, Open Lot
Details
- Additional structures: Other
- Parcel number: 07714004
- Zoning: MDR
- Horses can be raised: Yes
Utilities & green energy
- Sewer: Septic Needed, None
- Water: Well Needed
- Utilities for property: Electricity Available, Sewer Not Available
Community & HOA
HOA
- Has HOA: No
Location
- Region: Reno
Financial & listing details
- Tax assessed value: $144,000
- Annual tax amount: $908
- Date on market: 2/9/2026
- Cumulative days on market: 608 days
- Listing terms: 1031 Exchange,Cash,Conventional
- Road surface type: Paved, Dirt
Estimated market value
Not available
Estimated sales range
Not available
$2,942/mo
Price history
| Date | Event | Price |
|---|---|---|
| 2/9/2026 | Listed for sale | $349,000 |
Source:  NNRMLS #260001498 Report a problem | ||
| 11/21/2025 | Listing removed | $349,000 |
Source: NNRMLS #240011016 Report a problem | ||
| 7/15/2025 | Price change | $349,000-5.4% |
Source: NNRMLS #240011016 Report a problem | ||
| 1/15/2025 | Price change | $369,000-5.1% |
Source: NNRMLS #240011016 Report a problem | ||
| 11/10/2024 | Price change | $389,000-11.4% |
Source: NNRMLS #240011016 Report a problem | ||
| 8/28/2024 | Listed for sale | $439,000+54% |
Source: NNRMLS #240011016 Report a problem | ||
| 1/27/2022 | Sold | $285,000-5% |
Source: Public Record Report a problem | ||
| 10/14/2021 | Pending sale | $300,000 |
Source: NNRMLS #200015873 Report a problem | ||
| 10/3/2021 | Listed for sale | $300,000 |
Source: NNRMLS #200015873 Report a problem | ||
| 9/1/2021 | Listing removed | -- |
Source: NNRMLS #200015873 Report a problem | ||
| 11/20/2020 | Listed for sale | $300,000+179.1% |
Source: NNRMLS #200015873 Report a problem | ||
| 2/25/2003 | Sold | $107,500 |
Source: Public Record Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2026 | $909 +7.8% | $50,400 +11.1% |
| 2025 | $844 +7.7% | $45,360 +20% |
| 2024 | $783 +8.4% | $37,800 +12.5% |
| 2023 | $723 +8.4% | $33,600 +4.3% |
| 2022 | $666 +7.9% | $32,200 +4.5% |
| 2021 | $617 +4.9% | $30,800 +63% |
| 2020 | $588 -4.7% | $18,900 |
| 2019 | $617 +4.9% | $18,900 |
| 2018 | $588 +11.7% | $18,900 +27.7% |
| 2017 | $527 | $14,805 +4.4% |
| 2016 | $527 | $14,175 |
| 2015 | $527 -8.6% | $14,175 -10% |
| 2014 | $576 | $15,750 |
| 2013 | $576 | $15,750 |
| 2012 | -- | $15,750 |
| 2011 | -- | $15,750 |
| 2010 | -- | $15,750 -64.7% |
| 2009 | -- | $44,625 -40.6% |
| 2008 | -- | $75,075 |
| 2007 | -- | $75,075 +223.1% |
| 2006 | -- | $23,239 +11% |
| 2005 | -- | $20,936 +14% |
| 2004 | -- | $18,364 +6% |
| 2003 | -- | $17,325 |
Find assessor info on the county website
Monthly payment
Climate risks
Neighborhood: 89510
Nearby schools
GreatSchools rating
- 7/10Alyce Savage Taylor Elementary SchoolGrades: PK-5Distance: 9.6 mi
- 6/10Yvonne Shaw Middle SchoolGrades: 6-8Distance: 10.3 mi
- 4/10Spanish Springs High SchoolGrades: 9-12Distance: 10.4 mi
Schools provided by the listing agent
- Elementary: Spanish Springs
- 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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