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.
Vacant landProperty Type
40.27 acresLot Size
$8,667Price/Acres
Listed by Tim Lambdin•DRE #BS.7450• NextHome Yourpickettfence Group
Listed by Rebecca Delumeau•DRE #S.202036• NextHome Yourpickettfence Group
As the MLS and public records start to fill up, we'll list the details here.
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Public record
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Vacant Land
County
Washoe County
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Last updated by owner on Jun 6, 2026.
GRA
General Rural Agricultural
The General Rural Agricultural (GRA) Regulatory Zone is intended to preserve areas where large lot residential uses, open space, agricultural and grazing uses predominate. Mining, natural resource extraction, and other similar uses are not allowed in the GRA Regulatory Zone to avoid incompatibility with the desired large lot rural, agricultural character. Single-family dwellings and associated accessory uses located on lots forty (40) acres in size or larger, with limited public services and facilities, is the desired land use pattern in the GRA Regulatory Zone. The maximum number of primary dwelling units that may be located in the GRA Regulatory Zone is 1 unit per 40 acres. The minimum lot area in the GRA Regulatory Zone is 40 acres.
Climate risks
1/10 Flood Factor
Minimal risk of a flood reaching the building in the next 30 years
10/10 Fire Factor
76% chance of being in a wildfire in next 30 years
5/10 Heat Factor
8 days above 93° expected this year, 22 days in 30 years
1/10 Wind Factor
Minimal risk of severe winds over next 30 years
9/10 Air Factor
22 unhealthy days expected this year, 23 days in 30 years
Provided by First Street
Historical weather
Reno, NV • 89510
Average low and high temperatures (°F)
44
24
49
30
58
35
60
36
70
46
82
54
86
58
85
57
78
51
64
40
51
31
47
28
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Sun exposure
92/ 100
Exceptional sunlight
Sunscore
There appears to be minimal shading by surrounding buildings, terrain, and vegetation.
10.2 hrs
6 hrs
JuneDecember
Provided by Shadowmap
Redfin Estimate for 40 ACR Sharrock Rd
$322,398
$27K under list price of $349K
Nearby comparable homes
The Redfin Estimate uses 6 recent nearby sales, priced between $100K to $280K.