57044 highway 49

An extraordinary opportunity to own one of the Sierra Valley’s most historic and scenic ranches, the Antelope Valley Ranch encompasses 1,360 deeded acres along Highway 49 in the heart of the prestigious Sierra Valley. Located just 35 miles north of Truckee, 45 miles northwest of Reno, and 45 minutes from Reno-Tahoe International Airport, with Beckwourth Airport for private jets only 10 minutes away. The ranch features abundant water, including Antelope Creek and a 10± acre private lake (Palen Reservoir) entirely controlled by the property. Enjoy expansive meadows, rangeland, and timberlands all bordered by U.S. Forest Service and California Department of Fish & Wildlife lands. Historically flood-irrigated, the meadows have supported hay production and seasonal cattle grazing leases that offset operating expenses, with excellent potential for enhanced agricultural productivity. Originally settled by Italian-Swiss ranchers, this historic property was known as the Cesare Lombardi Ranch, dating back to the 1800s. Improvements include two beautifully restored barns, equipment sheds, garages, and other outbuildings, as well as a 1,600 sq. ft. 4-bed/2-bath ranch cabin, a 2-bed/1-bath caretaker’s home, a studio guest cottage and bunkhouse. The private reservoir has long been used for both irrigation and recreation, offering fishing, canoeing, and prime waterfowl habitat. The ranch also provides excellent opportunities for hunting, horseback riding, and outdoor recreation in a spectacular sub-alpine setting known for migratory birds such as sandhill cranes. The property is protected under a conservation easement with the Feather River Land Trust, preserving its historic and ecological value while still allowing ranching, hunting, fishing, swimming, boating, and agricultural uses. There is no public access to the ranch, and existing building sites outside of the easement allow for the construction of a primary residence or family lodge. Serving as the gateway to the Antelope Valley Wildlife Area, a 4,700± acre preserve managed by the California Department of Fish & Wildlife, the ranch is surrounded by abundant wildlife including migratory waterfowl and mule deer. With year-round access, it is just 40 minutes to world-class ski resorts, within an hour of major air travel, and minutes to private jet service. Large, intact historic ranches of this caliber are increasingly rare in the Tahoe region. The Antelope Valley Ranch combines spectacular views, private water resources, historic structures, abundant recreation, and a conservation framework that ensures lasting value.