Welcome to this true Northern Nevada equestrian estate situated on 53 acres in beautiful Palomino Valley! This custom-built 3 bedroom, 2 bathroom home offers comfortable country living with thoughtful details throughout, including a spacious mudroom with a separate entrance and attached full bath, oversized pantry closet, functional kitchen island with hidden storage, custom cabinetry with pull-out drawers, and more! Outdoor living is where this property truly shines. Built for recreation, ranching, and the Western lifestyle, this property features an 8-stall barn, 10 corrals, and a 165' x 475' full-size arena designed for everything from everyday riding to cattle work. Adding to the uniqueness of this property is a 48' x 36' western tack store building, offering incredible potential for business, storage, events, or creative use. Whether you're looking for a working ranch, equestrian property, private retreat, or a place to bring your dreams to life, this one-of-a-kind Palomino Valley estate is ready for its next chapter. **All existing tack store inventory is included with the sale of the property, creating a rare turnkey opportunity for the next owner to continue operations, expand their vision, or repurpose the space.**
Active
$1,320,000
16500 Pyramid Way, Reno, NV 89510
3beds
2,912sqft
Single Family Residence
Built in 1986
53.25 Acres Lot
$1,252,600 Zestimate®
$453/sqft
$-- HOA
What's special
Outdoor livingOversized pantry closet
- 6 days |
- 331 |
- 15 |
Zillow last checked:
Listing updated:
Listed by:
Kate McKay S.205212 816-896-9156,
LPT Realty, LLC
Source: NNRMLS,MLS#: 260007977
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Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 3
- Bathrooms: 2
- Full bathrooms: 2
Heating
- Propane
Appliances
- Included: Dishwasher, Disposal, Dryer, Gas Cooktop, Gas Range, Refrigerator
- Laundry: In Bathroom, In Kitchen, Laundry Room, Washer Hookup
Features
- Ceiling Fan(s), Entrance Foyer, High Ceilings, Kitchen Island, No Interior Steps, Pantry, Master Downstairs, Vaulted Ceiling(s), Walk-In Closet(s)
- Flooring: Carpet, Ceramic Tile, Laminate, Marble, Tile
- Windows: Blinds, Double Pane Windows, Drapes, Rods, Wood Frames
- Number of fireplaces: 1
- Fireplace features: Wood Burning Stove
- Common walls with other units/homes: No Common Walls
Interior area
- Total structure area: 2,912
- Total interior livable area: 2,912 sqft
Property
Parking
- Total spaces: 3
- Parking features: Detached, Garage, Garage Door Opener, RV Access/Parking
- Garage spaces: 2
Features
- Levels: One
- Stories: 1
- Patio & porch: Porch, Covered, Patio
- Exterior features: Dog Run
- Spa features: None
- Fencing: Full
- Has view: Yes
- View description: Desert, Mountain(s)
Lot
- Size: 53.25 Acres
- Features: Landscaped, Level
Details
- Additional structures: Arena, Barn(s), Corral(s), Workshop, Other
- Parcel number: 07736008
- Zoning: GRA
- Other equipment: Generator
- Horses can be raised: Yes
Construction
Type & style
- Home type: SingleFamily
- Property subtype: Single Family Residence
Materials
- Foundation: Crawl Space
- Roof: Composition,Shake
Condition
- New construction: No
- Year built: 1986
Utilities & green energy
- Sewer: Septic Tank
- Water: Well
- Utilities for property: Electricity Connected, Internet Connected, Sewer Not Available, Water Not Available
Community & HOA
Community
- Security: Carbon Monoxide Detector(s), Security Gate, Smoke Detector(s)
HOA
- Has HOA: No
Location
- Region: Reno
Financial & listing details
- Price per square foot: $453/sqft
- Tax assessed value: $448,093
- Annual tax amount: $3,193
- Date on market: 6/21/2026
- Cumulative days on market: 7 days
- Listing terms: Cash,Conventional,FHA,USDA Loan,VA Loan
Estimated market value
$1,252,600
$1.19M - $1.32M
$3,395/mo
Price history
| Date | Event | Price |
|---|---|---|
| 6/21/2026 | Listed for sale | $1,320,000+10%$453/sqft |
Source:  NNRMLS #260007977 Report a problem | ||
| 9/11/2021 | Listing removed | -- |
Source: Owner Report a problem | ||
| 6/30/2021 | Price change | $1,200,000+20.6%$412/sqft |
Source: Owner Report a problem | ||
| 4/15/2021 | Pending sale | $995,000$342/sqft |
Source: Owner Report a problem | ||
| 3/27/2021 | Price change | $995,000-0.4%$342/sqft |
Source: Owner Report a problem | ||
| 2/10/2021 | Price change | $999,000-18.4%$343/sqft |
Source: Owner Report a problem | ||
| 1/18/2021 | Price change | $1,225,000+22.9%$421/sqft |
Source: Owner Report a problem | ||
| 7/17/2020 | Price change | $997,000+2.3%$342/sqft |
Source: Owner Report a problem | ||
| 7/1/2020 | Listed for sale | $975,000$335/sqft |
Source: Owner Report a problem | ||
| 6/24/2020 | Pending sale | $975,000$335/sqft |
Source: Owner Report a problem | ||
| 6/10/2020 | Listed for sale | $975,000+4.6%$335/sqft |
Source: Owner Report a problem | ||
| 4/2/2020 | Listing removed | $932,500$320/sqft |
Source: United Country Capstone Realty #200003084 Report a problem | ||
| 10/9/2019 | Price change | $932,500-0.3%$320/sqft |
Source: United Country Capstone Realty #190001967 Report a problem | ||
| 7/14/2019 | Listed for sale | $935,000$321/sqft |
Source: United Country Capstone Realty #190001967 Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2026 | $3,194 +3% | $156,833 +3.4% |
| 2025 | $3,101 +3% | $151,628 +5% |
| 2024 | $3,010 +3% | $144,465 +7.8% |
| 2023 | $2,923 +3% | $134,025 +21.3% |
| 2022 | $2,838 +3% | $110,455 +6.5% |
| 2021 | $2,755 +3% | $103,750 +4.7% |
| 2020 | $2,675 -2.9% | $99,053 |
| 2019 | $2,755 +3% | $99,053 +1% |
| 2018 | $2,675 +3.8% | $98,078 +4.4% |
| 2017 | $2,576 | $93,940 -1.7% |
| 2016 | $2,576 | $95,521 +0.3% |
| 2015 | $2,576 +2.7% | $95,224 +2.5% |
| 2014 | $2,508 | $92,894 +0.1% |
| 2013 | $2,508 | $92,769 |
| 2012 | -- | $92,769 +3.4% |
| 2011 | -- | $89,759 |
| 2010 | -- | $89,759 -45.1% |
| 2009 | -- | $163,539 +21.4% |
| 2008 | -- | $134,691 |
| 2007 | -- | $134,691 +40.9% |
| 2006 | -- | $95,566 +10.5% |
| 2005 | -- | $86,468 +4.4% |
| 2004 | -- | $82,813 +22.5% |
| 2003 | -- | $67,609 +0.3% |
| 2002 | -- | $67,397 |
| 2001 | -- | $67,397 |
Find assessor info on the county website
Monthly payment
Est. payment$--/mo
Payment breakdown
Explore the cost of this home by adjusting the details. Changes won't be saved.All calculations are estimates and provided by Zillow, Inc. for informational purposes only. Actual amounts may vary.
HOA fees may include property taxes on listings classified as Co-Ops. Contact the listing agent and/or owner for fee details.
Mortgage interest rates are dependent on a number of factors, including credit score, down payment, and repayment length. Interest rate data provided by Zillow Group Marketplace, Inc. as of 1/1/1970 from various mortgage lenders with which we have lead or other similar arrangements; the Estimated Payment is an average of those rates.
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Climate risks
Neighborhood: 89510
Nearby schools
GreatSchools rating
- 7/10Alyce Savage Taylor Elementary SchoolGrades: PK-5Distance: 12.3 mi
- 5/10Yvonne Shaw Middle SchoolGrades: 6-8Distance: 12.8 mi
- 4/10Spanish Springs High SchoolGrades: 9-12Distance: 12.8 mi
Schools provided by the listing agent
- Elementary: Taylor
- 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.
A local agent can set up tours, give advice and negotiate with sellers.
- Nevada
- Washoe County
- Reno
- 89510
- 16500 Pyramid Way
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