Charming 3BD/2BA home on 44.9 acres in Palomino Valley. Features include open layout, updated kitchen w/ farmhouse sink, quartzite counters, & new appliances. Saltwater in-ground pool w/ newer pump & heater, 26x52 shop w/ 220V, 5-stall barn, corral, tack room, RV hookup, & fully fence property. New roof, HVAC, well pump, asphalt driveway, and water line to house. Reverse osmosis system w/ filtered water. Fridge, washer, & dryer included. Just 10 mins to Pyramid Lake & 15 mins to shopping. [See ext remarks], Peaceful Country Retreat on 44.9 Acres – 5940 Grass Valley Road, Reno, NV 89510 Welcome to your own slice of country paradise in beautiful Palomino Valley. Set on nearly 45 acres of wide-open land, this charming 3-bedroom, 2-bath ranch-style home offers peace, privacy, and room to breathe—with big Nevada skies and views that go on forever. The 1,750 sq ft single-story home features a warm and inviting layout, including a spacious great room and an updated country kitchen with a farmhouse sink, handcrafted cabinetry, natural stone quartzite countertops, and a commercial-grade hood vent. The primary suite is a restful retreat, with a spa-style bathroom and large windows that frame the Nevada sunsets. Recent upgrades include a new roof, windows, HVAC and flooring—bringing modern comfort to this rural haven. Outdoors, you’ll find everything you need for a working or hobby ranch: a 5-stall barn with power and water, 30-foot corral, tack room, chicken coop, RV hookup, and fully fenced grounds. A recently added 26x52 shop/garage includes 220V power—perfect for projects, equipment, or storage. Cool off in the in-ground saltwater pool, with a newer pump and heater, or relax on the patio and take in the panoramic views of the surrounding valley and mountains. The asphalt driveway was redone just two years ago, and the well pump and water line from the well to the house were recently replaced for peace of mind. A reverse osmosis system provides filtered water with a salt rinse to the home. Refrigerator, washer, and dryer are included. Whether you're a horse enthusiast, raising animals, enjoying the open space, or just soaking in the quiet beauty of country life, 5940 Grass Valley Road is a place where you can slow down, spread out, and savor the best of rural Northern Nevada while just 15 minutes from shopping, schools, restaurants and 10 minutes from Pyramid Lake.
Single-familyProperty Type
1994Year Built
44.9 acresLot Size
$458Est. Price/Sq.Ft.
3 car garageParking
Listed by Penny Tenpenny•DRE #S.171310• Keller Williams Group One Inc.
Listed by Alyssa Blueberg•DRE #S.193878• Keller Williams Group One Inc.
Bought with Jake Kellames•DRE #S.179569• Stitser Properties
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Earn from this home
Sell
$90,102
Est. take-home
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Refinance
$0
Est. cash available
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Rent
$3,057/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 5940 Grass Valley Rd
Date
Event
Price
Public Records
Jun 27, 2025
Sold
$850,000
$486/sq ft
NNRMLS #250006317
May 21, 2025
Contingent
—
May 16, 2025
Sold
$850,000
$486/sq ft
May 13, 2025
Listed
$849,000
$485/sq ft
NNRMLS #230010203
Nov 17, 2023
Listing Removed
—
Nov 3, 2023
Price Changed
$847,000
$484/sq ft
Oct 9, 2023
Price Changed
$850,000
$486/sq ft
Sep 27, 2023
Price Changed
$895,000
$511/sq ft
Sep 13, 2023
Price Changed
$949,000
$542/sq ft
Aug 31, 2023
Listed
$999,000
$571/sq ft
NNRMLS #220012195
Oct 24, 2022
Listing Removed
—
Sep 6, 2022
Price Changed
$895,000
$511/sq ft
Aug 30, 2022
Price Changed
$949,000
$542/sq ft
Aug 13, 2022
Listed
$993,000
$567/sq ft
NNRMLS #220000996
Mar 9, 2022
Sold
$825,000
$471/sq ft
Jan 31, 2022
Contingent
—
Jan 26, 2022
Listed
$825,000
$471/sq ft
Public Records
Jan 23, 2019
Sold
$350,000
$200/sq ft
NNRMLS #110009933
Nov 15, 2011
Listing Removed
—
Jul 15, 2011
Listed
$299,950
$171/sq ft
NNRMLS #110006353
Jun 15, 2011
Listing Removed
—
May 10, 2011
Listed
$275,000
$157/sq ft
NNRMLS #100013735
Dec 21, 2010
Listing Removed
—
Sep 21, 2010
Listed
$399,900
$229/sq ft
NNRMLS #100004520
May 5, 2010
Listing Removed
—
Apr 1, 2010
Listed
$565,000
$323/sq ft
NNRMLS #80002185
Dec 16, 2008
Listing Removed
—
Feb 15, 2008
Listed
$550,000
$314/sq ft
NNRMLS #70018257
Sep 25, 2007
Listing Removed
—
Aug 23, 2007
Listed
$499,900
$286/sq ft
NNRMLS #70003855
Aug 23, 2007
Listing Removed
—
Feb 22, 2007
Listed
$499,900
$286/sq ft
NNRMLS #60019397
Nov 1, 2006
Listing Removed
—
Jul 31, 2006
Listed
$549,000
$314/sq ft
NNRMLS #50015062
Feb 8, 2006
Listing Removed
—
Aug 2, 2005
Listed
$699,000
$399/sq ft
NNRMLS #50009215
Aug 3, 2005
Listing Removed
—
Mar 3, 2005
Listed
$599,900
$343/sq ft
Public Records
Aug 13, 1992
Sold
$33,920
$19/sq ft
Public Records
Feb 1, 1977
Sold
$12,400
$7/sq ft
Year
Property tax
Land + Additions
Assessment*
2025
$3,125 (+8.0%)
$59,500 + $68,748
$128,248
2024
$2,893 (+8.0%)
$52,500 + $70,273
$122,773
2023
$2,679 (+3.0%)
$43,750 + $72,228
$115,978
2022
$2,601 (+3.0%)
$38,745 + $67,915
$106,660
2021
$2,525 (+3.0%)
$31,500 + $57,241
$88,741
2020
$2,452 (+3.0%)
$24,500 + $56,848
$81,348
2019
$2,380 (+3.0%)
$24,500 + $56,544
$81,044
2018
$2,311 (+3.0%)
$21,000 + $55,563
$76,563
2017
$2,244 (−0.3%)
$21,000 + $54,912
$75,912
2016
$2,251 (+0.2%)
$16,450 + $55,463
$71,913
2015
$2,246 (+2.4%)
$16,450 + $56,339
$72,789
2014
$2,193
$16,450 + $55,556
$72,006
Tax history for 5940 Grass Valley Rd
Year
Property tax
Land + Additions
Assessment*
2025
$3,125 (+8.0%)
$59,500 + $68,748
$128,248
2024
$2,893 (+8.0%)
$52,500 + $70,273
$122,773
2023
$2,679 (+3.0%)
$43,750 + $72,228
$115,978
2022
$2,601 (+3.0%)
$38,745 + $67,915
$106,660
2021
$2,525 (+3.0%)
$31,500 + $57,241
$88,741
2020
$2,452 (+3.0%)
$24,500 + $56,848
$81,348
2019
$2,380 (+3.0%)
$24,500 + $56,544
$81,044
2018
$2,311 (+3.0%)
$21,000 + $55,563
$76,563
2017
$2,244 (−0.3%)
$21,000 + $54,912
$75,912
2016
$2,251 (+0.2%)
$16,450 + $55,463
$71,913
2015
$2,246 (+2.4%)
$16,450 + $56,339
$72,789
2014
$2,193
$16,450 + $55,556
$72,006
*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
Permits
Beds
3
Baths
2
Stories
1
Lot width
—
Lot depth
—
Lot size
44.9 Acres
Year renovated
1994
Sq. Ft.
1,650
Year built
1994
Style
Single Family Residential
County
Washoe County
APN
077-360-02
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.
Oct 28, 2016 • Final
Electrical
Install electrical power for a well.
Electrical
Oct 28, 2016 • Final
Residential new, addition or remodel
New construction
Permit history is from public records and may be incomplete or inaccurate. Redfin and its agents make no representations about the property condition or permit status. Buyers should independently verify all information.
Property details
Parking
Parking Information
# of Garage Spaces: 3
Parking Total: 3
Parking Features: RV Access/Parking
Carport YN: No
Has Garage
Interior
Bathroom Information
# of Bathrooms (Full): 2
Interior Features
Ceiling Fan(s), High Ceilings, Smart Thermostat, Kitchen Island, Walk-In Closet(s)
Laundry Features: Laundry Room, Shelves, Laundry Area
Appliances: Disposal, Dishwasher, Gas Range, Microwave, Water Purifier