Bought with Andrew C Joy • Mountain Valley Appraisal & Realty, LLC
$5,500,000
$6,100,000
9.8%For more information regarding the value of a property, please contact us for a free consultation.
4 Beds
3 Baths
2,100 SqFt
SOLD DATE : 01/03/2025
Key Details
Sold Price $5,500,000
Property Type Single Family Home
Sub Type Single Family Residence
Listing Status Sold
Purchase Type For Sale
Square Footage 2,100 sqft
Price per Sqft $2,619
MLS Listing ID 324054654
Sold Date 01/03/25
Bedrooms 4
Full Baths 3
HOA Y/N No
Year Built 1999
Lot Size 1493.200 Acres
Property Description
The 1,493.2 acre Wallace Ranch located in the beautiful Sierra Valley at 5,000 ft. elevation is a short 45-minute drive west of Reno, NV, & a one-hour drive north of Lake Tahoe. An income-generating livestock & productive hay ranch with some of Sierra Valley's most coveted water rights that irrigate the grazing pastures & high-capacity ag wells that provide irrigation to harvest up to 1,200 to 1,500 tons of hay a year. Approximately 293 acres of the hay crop are pivot irrigated & 47 acres are wheel-line irrigated. The ranch currently supports 300 cows year-round with 653.2 acres of irrigated pasture, 500 acres of dry pasture, 51,931 permitted acres of US Forest Service allotments, & an additional 597.73 permitted acres of BLM allotment. During the winter months, the cattle are fed supplemental hay. Necessary ranching infrastructure includes fencing & cross-fencing, corrals, chutes, barns, shop, & outbuildings. Two pole barns provide ample hay storage. Four well-equipped homes in the southern portion of the ranch, along with two homes in the northern portion, all boast 360-degree views of Sierra Valley & the mighty Sierra Nevada mountains. The homes provide abundant accommodations for family, friends, ranch manager/labor housing, or income-generating opportunities for leasing.
Location
State CA
County Sierra
Community No
Area Sierra County
Interior
Heating Wood Stove
Cooling Ceiling Fan(s)
Flooring Carpet, Wood
Fireplaces Number 1
Fireplaces Type Wood Stove
Laundry Other
Exterior
Parking Features Other
Fence Cross Fenced, Fenced, Full
Utilities Available Electric, Internet Available, Other
View Garden/Greenbelt, Mountains, Panoramic, Pasture, Valley
Building
Story 1
Sewer Septic System
Water Well
Level or Stories 1
Others
Senior Community No
Special Listing Condition None
Read Less Info
Want to know what your home might be worth? Contact us for a FREE valuation!
Our team is ready to help you sell your home for the highest possible price ASAP
Copyright 2025 , Bay Area Real Estate Information Services, Inc. All Right Reserved.