Nestled a top of Palomino Valley, this lovely 3 bedroom, 2 bath home has stunning views and the peace, tranquility and room to grow that only 40 acres can offer. This move in ready home has been entirely painted with brand new carpet, new 2" blinds, new dishwasher, convection double ovens, wine refrigerator, pine kitchen cabinets, stainless steel appliances, solid wood interior doors and shiny hardwood floors. The home has been upgraded with a brand new reverse osmosis drinking water filtration system. , A Honeywell EnviraCare electronic furnace filter system and all brand new LED lighting. The septic was inspected and pumped in 4/2019 as well as the servicing of the iron breaker filter and water softener system. Never run out of hot water with a newer 75 gallon water heater with on demand hot water. In the master bath relax in a Mr. Steam shower system and then grab your lounge wear easily in the big, organized master closet. For all of the men who enjoy their own space there is a 1000+ sq ft 3 car garage that is oversized in both width and height. Feel secure knowing this home is wired for security system too. And lastly, at the beginning of each day or at the end to unwind, relax on a brand new trex deck that overlooks the mountains and valley. Make this perfect dream home a reality.
Single-familyProperty Type
2003Year Built
40.14 acresLot Size
$403Est. Price/Sq.Ft.
3 car garageParking
Listed by Piper Schulze•DRE #S.174471• Dickson Realty - Damonte Ranch
Bought with Blaine Moore•DRE #S.169620• Chase International-Damonte
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Earn from this home
Sell
$401,355
Est. take-home
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Refinance
$0
Est. cash available
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Rent
$3,473/mo
Redfin rental estimate
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Market trends in 89510, NV
Last updated October 2026
Buyer's Market
Seller's Market
Seller's market
Sale-to-list price
96.7%
+2.9% MoM
Median sale price
$1.3M
$280K MoM
Avg. days on market
101d
16 days MoM
Recently sold homes
2
1 MoM
Provided by Redfin
Sale history for 505 Space Test
Date
Event
Price
NNRMLS #190006461
Jun 6, 2019
Sold
$590,000
$279/sq ft
May 14, 2019
Contingent
—
May 8, 2019
Listed
$600,000
$284/sq ft
NNRMLS #60006788
Jun 29, 2006
Sold
$670,000
$317/sq ft
May 17, 2006
Listing Removed
—
Mar 30, 2006
Listed
$715,000
$338/sq ft
+4
Bring your horses and your green thumb to this beautifully-built, brilliant home in the tranquil outskirts of town. Located off the Pyramid Highway, you'll never have to move again once you find the peace of desert living. A huge 3-car garage for all your toys, plenty of great riding, plenty of space. And plenty of romance - sit by the wood stove and share some wine from the wine box! The double-oven kitchen is ideal for cooking, and the big, open floor plan is ideal for entertaining. Come and see it!
Public Records
Feb 21, 2003
Sold
$90,000
$43/sq ft
Public Records
Nov 1, 1987
Sold
$27,692
$13/sq ft
Public Records
Nov 1, 1987
Sold
$30,000
$14/sq ft
Public Records
Jun 1, 1976
Sold
$14,040
$7/sq ft
Year
Property tax
Land + Additions
Assessment*
2025
$4,175 (+3.0%)
$59,500 + $89,266
$148,766
2024
$4,053 (+3.0%)
$52,500 + $90,575
$143,075
2023
$3,935 (+3.0%)
$52,115 + $91,478
$143,593
2022
$3,821 (+3.0%)
$52,115 + $86,564
$138,679
2021
$3,709 (+3.0%)
$43,750 + $72,028
$115,778
2020
$3,601 (+1.2%)
$40,250 + $71,594
$111,844
2019
$3,558 (+4.8%)
$40,250 + $71,551
$111,801
2018
$3,395 (+4.2%)
$28,000 + $69,396
$97,396
2017
$3,258 (+2.6%)
$28,000 + $67,921
$95,921
2016
$3,175 (+0.1%)
$28,000 + $67,973
$95,973
2015
$3,171 (+3.1%)
$17,500 + $69,253
$86,753
2014
$3,077
$17,500 + $69,144
$86,644
Tax history for 505 Space Test
Year
Property tax
Land + Additions
Assessment*
2025
$4,175 (+3.0%)
$59,500 + $89,266
$148,766
2024
$4,053 (+3.0%)
$52,500 + $90,575
$143,075
2023
$3,935 (+3.0%)
$52,115 + $91,478
$143,593
2022
$3,821 (+3.0%)
$52,115 + $86,564
$138,679
2021
$3,709 (+3.0%)
$43,750 + $72,028
$115,778
2020
$3,601 (+1.2%)
$40,250 + $71,594
$111,844
2019
$3,558 (+4.8%)
$40,250 + $71,551
$111,801
2018
$3,395 (+4.2%)
$28,000 + $69,396
$97,396
2017
$3,258 (+2.6%)
$28,000 + $67,921
$95,921
2016
$3,175 (+0.1%)
$28,000 + $67,973
$95,973
2015
$3,171 (+3.1%)
$17,500 + $69,253
$86,753
2014
$3,077
$17,500 + $69,144
$86,644
*Taxable value of land and structures on it ("additions") is determined regularly by local assessors and does not affect market price.
Public record
Public record
Zoning
Beds
3
Baths
2
Stories
1
Lot width
—
Lot depth
—
Lot size
40.14 Acres
Year renovated
2003
Sq. Ft.
2,113
Year built
2003
Style
Single Family Residential
County
Washoe County
APN
076-180-16
Parking Spaces
—
Basement
—
Accessible
—
HOA Dues
—
Garage
—
Features
—
Last updated by owner on Oct 8, 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.
Property details
Parking
Parking Information
# of Garage Spaces: 3
Parking Total: 3
Parking Features: Attached, Garage Door Opener
Carport YN: No
Has Garage
Has Attached Garage
Interior
Bathroom Information
# of Bathrooms (Full): 2
Interior Features
Ceiling Fan(s), High Ceilings, Smart Thermostat, Pantry, Walk-In Closet(s)
Laundry Features: Laundry Room, Sink, Cabinets, Laundry Area
Appliances: Disposal, Double Oven, Dishwasher, Gas Range, Microwave, Refrigerator, Water Purifier, Gas Cooktop