Endless Possibilities on 127+ Acres in Palomino Valley! Here's your chance to own a rare piece of the high desert — 127+ acres of wide-open potential, located right off Pyramid Highway across from Winnemucca Ranch Road — the heart of Palomino Valley. This unique offering includes two adjacent parcels (076-261-04 & 076-261-05) being sold together, providing unmatched space and opportunity in one of Northern Nevada's most iconic rural settings. Situated just minutes from Pyramid Lake, a world-renowned destination for fishing, kayaking, and scenic beauty, and close to the legendary Moon Rocks OHV area — this property is a dream for outdoor lovers, investors, or anyone looking to create a private desert retreat. Whether you're imagining a ranch, a recreational basecamp, or a future development vision, this land is ready to become whatever you dream it to be. Palomino Valley is known for its sweeping views, privacy, and access to endless open space — yet you're still within reasonable reach of Sparks and Reno. No HOA. No limits. Just freedom, views, and pure Nevada landscape.
Vacant landProperty Type
127.87 acresLot Size
$3,715Price/Acres
Listed by Penny Tenpenny•DRE #S.171310• Keller Williams Group One Inc.
Listed by Alyssa Blueberg•DRE #S.193878• Keller Williams Group One Inc.
Sale and tax history for 0 Pyramid (076-261-04) Way
Sale History
Tax History
Date
Event
Price
NNRMLS #250053900
Aug 28, 2026
Price Changed
$475,000
Jun 15, 2026
Price Changed
$499,000
Mar 23, 2026
Price Changed
$525,000
Jul 31, 2025
Listed
$549,000
NNRMLS #210003884
Mar 4, 2022
Sold
$219,000
Jan 19, 2022
Pending
—
Nov 29, 2021
Price Changed
$225,000
Sep 30, 2021
Price Changed
$385,000
Jul 1, 2021
Price Changed
$482,000
Jul 1, 2021
Relisted
—
Jun 21, 2021
Listing Removed
—
Mar 26, 2021
Listed
$949,900
+14
Included in the sale are 2 parcels, #0762104 and #0762105 totaliling nearly 128 acres located on Pyramid Hwy with 2000 ft of frontage. Currently zoned GRA. Buyers to check with Washoe County Planning Department to see if zoning can be changed. Owner prefers to sell as one parcel.
NNRMLS #210009044
Jul 1, 2021
Listing Removed
—
Jun 24, 2021
Listed
$425,000
NNRMLS #180006365
Sep 5, 2019
Listing Removed
—
Jun 7, 2019
Price Changed
$1,650,000
Jun 7, 2019
Relisted
—
May 31, 2019
Listing Removed
—
May 11, 2018
Listed
$1,800,000
Year
Property tax
Land + Additions
Assessment*
2025
$899 (+8.0%)
$53,550
2024
$832 (+8.0%)
$47,250
2023
$770 (+8.0%)
$39,375
2022
$713 (+8.0%)
$34,871
2021
$660 (+6.3%)
$28,350
2020
$621 (+5.0%)
$22,050
2019
$592 (+4.8%)
$22,050
2018
$565 (+4.2%)
$18,900
2017
$542 (+0.2%)
$18,900
2016
$541
$14,805
2015
$541
$14,805
2014
$541
$14,805
Public record
Public record
Zoning
Beds
—
Baths
—
Stories
—
Lot width
—
Lot depth
—
Lot size
63.95 Acres
Year renovated
—
Finished Sq. Ft.
—
Unfinished Sq. Ft.
—
Total Sq. Ft.
—
Year built
—
Style
Vacant Land
County
Washoe County
APN
076-261-04
Parking Spaces
—
Basement
—
Accessible
—
HOA Dues
—
Garage
—
Features
—
Last updated by owner on Sep 4, 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
9/10 Fire Factor
60% chance of being in a wildfire in next 30 years
4/10 Heat Factor
3 days above 92° expected this year, 7 days in 30 years
1/10 Wind Factor
Minimal risk of severe winds over next 30 years
9/10 Air Factor
19 unhealthy days expected this year, 21 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
Jan
Feb
Mar
Apr
May
Jun
Jul
Aug
Sep
Oct
Nov
Dec
Sun exposure
83/ 100
Very good sunlight
Sunscore
This home receives average direct sun exposure in Reno. There appears to be minimal shading by surrounding buildings, terrain, and vegetation.
9.1 hrs
4.6 hrs
JuneDecember
Provided by Shadowmap
Redfin Estimate for 0 Pyramid (076-261-04) Way
$427,944
$47K under list price of $475K
Nearby comparable homes
The Redfin Estimate uses 6 recent nearby sales, priced between $170K to $880K.