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  • $975,000

    5500 Peak Rd, Reno, NV 89510

    4beds
    1,925sqft
    Single Family Residence
    Built in 1940
    52.38 Acres Lot
    $1,049,500 Zestimate®
    $506/sqft
    $3,026 Estimated rent

    Home value

    $1,049,500

    $997,000 - $1.10M

    $3,026/mo

    Zestimate® history
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    $4,479/mo

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    What's special

    Newer meterNew well tankNewer well pumpHorseshoe pitPanoramic valley viewsWine roomMature trees
    Welcome to your private paradise in the serene Palomino Valley! Perched atop a secluded cul-de-sac and backing up to undeveloped acreage, 5500 Peak Rd offers 52.38 Acres of outdoor privacy and breathtaking views of the valley just beneath you. This darling country home offers 4 bedrooms, 2 bathrooms, and a bright and open living space that features vaulted ceilings & large windows illuminating natural lighting throughout. The adjacent kitchen offers a dual kitchen layout, including a serving/prep section ideal for entertaining, prepping food, or serving for your gatherings! The primary bedroom showcases a walk-in closet, a tastefully updated ensuite bathroom, expansive windows, and a corner stove to cozy-up next to while enjoying the stunning mountain and valleys views right from the comfort of your own bedroom. The walk-in basement contains 3 bonus rooms bonus storage rooms, a water room with two 500 Gallon back-up Water Storage tanks, pet room, & a wine room - all not included in the square footage of this home! Additional updates to this home include newer metal roof, seamless gutters, LVP Flooring in main living areas, Central AC, & Tankless Water Heater. Outside you will enjoy the front deck that overlooks the surrounding majestic views of Tule Mountain, The Dog Skin Range, and Vinegar Peak, as well as the panoramic valley views. This expansive 52.38 acre parcel of gentle-sloped yard-space offers a convenient circle driveway, 2 Full RV Hookup spaces; 1 with 30 amp, the other with 50 amp, mature trees, ample space for additional parking, and plenty of acreage to add barns, horse arenas, agricultural, additional gardens, & more. The backyard space is the ideal space for entertaining- showcasing a covered outdoor kitchen complete with sparkling granite countertops, Large BBQ, Wine Fridge, & Pizza Oven. A 15 Ft Above-Ground pool with surrounding deck, already wired and prepped for a drop-in hot tub! This area also features a horseshoe pit, fire-pit and gazebo, 2 bonus storage sheds, a separate Dog Kennel with electrical wiring, a garden with automatic sprinklers, 2 water hydrants, and flourishing mature grapevines producing a serene and shady environment & a delicious summer treat. This property features a massive 40x66 Insulated & Heated Shop with a bonus loft space. Complete with a 14x18 Ft Shop door and another 12x18 Ft Shop door, this spectacular workshop also contains windows, capability to hook up the half bathroom, LED lighting, Cat6 Cable for Starlink, 5.5 monolithic fiber/steel floor, Furnace & Pellet Stove, and 200AMP service on its own meter - Wired for welding- allowing for 50 amp service for a welder, 50 amp service for plasma cutter, and 100 amp for powder coating oven. This parcel includes 2 Acre-Feet of water rights for irrigation; perfect for a hobby farm or agricultural use! Additional upgrades to the water systems include: Automatic sprinklers for flower beds and trees, 6 front-yard water hydrants, Newer Well Pump, New Well Tank, & Newer Meter. Located just moments from BLM land, Moonrocks, & Pyramid Lake; this property is situated in a prime community for those seeking rural, agricultural, or charming country living. Ease of access to Pyramid Highway for proximity to the best of nature's amenities - & less than 15 miles from urban amenities. You'll enjoy the peace and serenity that comes with owning a sizable piece of land away from the hustle and bustle of city life. This beautiful farmhouse offers nothing but peaceful country living. Don't miss your opportunity to own this stunning Palomino Valley property.

    Zillow last checked:

    Listing updated:

    Listed by:

    Trista Bailey S.189430 775-560-8877,

    Berkshire Hathaway HomeService

    Bought with:

    Daniel Knorr, S.193709

    Engel & Volkers Reno

    Source: NNRMLS,MLS#: 260004067MLS Logo

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 4
    • Bathrooms: 2
    • Full bathrooms: 2
    Heating
    • Forced Air, Pellet Stove, Propane
    Cooling
    • Central Air
    Appliances
    • Included: Dishwasher, Electric Cooktop, Electric Range, Oven
    • Laundry: Laundry Room, Washer Hookup
    Features
    • Ceiling Fan(s), High Ceilings, Kitchen Island, Pantry, Master Downstairs, Vaulted Ceiling(s), Walk-In Closet(s)
    • Flooring: Carpet, Luxury Vinyl, Tile
    • Windows: Aluminum Frames, Blinds, Double Pane Windows, Window Coverings
    • Basement: Unfinished,Basement - Walk-Out/Daylight
    • Number of fireplaces: 2
    • Fireplace features: Free Standing, Pellet Stove
    • Common walls with other units/homes: No Common Walls
    Interior area
    • Total structure area: 1,925
    • Total interior livable area: 1,925 sqft

    Property

    Parking
    • Total spaces: 6
    • Parking features: Additional Parking, Detached, Garage, Parking Pad, RV Access/Parking, RV Garage
    • Garage spaces: 6
    Features
    • Levels: One
    • Stories: 1
    • Patio & porch: Porch, Terrace, Patio, Deck
    • Exterior features: Built-in Barbecue, Dog Run, Fire Pit, Outdoor Kitchen, Rain Gutters, RV Hookup
    • Has private pool: Yes
    • Pool features: Above Ground, Outdoor Pool
    • Spa features: None
    • Fencing: Back Yard,Partial
    • Has view: Yes
    • View description: Desert, Mountain(s), Peek, Valley
    Lot
    • Size: 52.38 Acres
    • Features: Gentle Sloping, Landscaped, Sloped Down, Sloped Up, Sprinklers In Front, Sprinklers In Rear
    Details
    • Additional structures: Outbuilding, Shed(s), Workshop
    • Parcel number: 07624102
    • Zoning: GRR
    • Horses can be raised: Yes

    Construction

    Type & style
    • Home type: SingleFamily
    • Property subtype: Single Family Residence
    Materials
    • Insulation - Spray Foam
    • Foundation: Crawl Space
    • Roof: Composition,Metal,Pitched
    Condition
    • New construction: No
    • Year built: 1940

    Utilities & green energy

    • Sewer: Septic Tank
    • Water: Private, Well
    • Utilities for property: Cable Available, Electricity Available, Internet Available, Phone Available, Water Connected

    Community & neighborhood

    Security
    • Security features: Smoke Detector(s)
    Location
    • Region: Reno

    Other

    Other facts
    • Listing terms: 1031 Exchange,Cash,Conventional,FHA,USDA Loan,VA Loan

    Price history

    DateEventPrice
    6/30/2026Sold$975,000-11.4%$506/sqft
    Source: NNRMLS #260004067 Report a problem
    6/8/2026Contingent$1,100,000$571/sqft
    Source: NNRMLS #260004067 Report a problem
    4/7/2026Listed for sale$1,100,000+482%$571/sqft
    Source: NNRMLS #260004067 Report a problem
    5/13/1999Sold$189,000$98/sqft
    Source: Public Record Report a problem

    Public tax history

    YearProperty taxesTax assessment
    2026$2,107 +3%$89,614 +7.5%
    2025$2,046 +3%$83,397 +2%
    2024$1,986 +3%$81,766 +12.4%
    2023$1,929 +3%$72,720 +23.2%
    2022$1,872 +3%$59,044 +12.3%
    2021$1,818 +3%$52,575 +9%
    2020$1,765 -2.9%$48,220
    2019$1,818 +3%$48,220 +2.7%
    2018$1,765 -5%$46,968 -19.4%
    2017$1,858 $58,271 -0.4%
    2016$1,858 $58,482 -0.4%
    2015$1,858 +3.2%$58,722 +0.8%
    2014$1,800 $58,254 +0.2%
    2013$1,800 $58,114
    2012-- $58,114 +29.1%
    2011-- $45,008
    2010-- $45,008 -38.6%
    2009-- $73,299 -25.8%
    2008-- $98,729
    2007-- $98,729 +72.4%
    2006-- $57,275 +44.9%
    2005-- $39,531 +6.6%
    2004-- $37,068 +3.1%
    2003-- $35,960 +6.6%
    2002-- $33,722
    2001-- $33,722

    Find assessor info on the county website

    Neighborhood: 89510

    Nearby schools

    GreatSchools rating
    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.

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    Estimated market value
    $1,049,500
    Get a cash offer in 3 minutes
    Find out how much your home could sell for in as little as 3 minutes with a no-obligation cash offer.
    Estimated market value
    $1,049,500