Views of the Sierra Mountains and Dayton Valley and the Ranch below. This 40 acre parcel offers part of a long-time ranch in Dayton Valley. You can build one home or subdivided with some seller deed restrictions that will apply to maintaining some open space and up to 8 or 10 lots pending Lyon county’s approval. Water rights can be for 1 home on the 40 acres or up to 10 homes but not to exceed 20 acre feet.