<ARTICLE> 5
<LEGEND>
THE FINANCIAL DATA SCHEDULE CONTAINS SUMMARY FINANCIAL INFORMATION EXTRACTED
FROM SIERRA PACIFIC DEVELOPMENT FUND MARCH 31, 1999 FINANCIAL STATEMENTS AND IS
QUALIFIED IN ITS ENTIRETY BY REFERENCE TO SUCH FINANCIAL STATEMENTS.
</LEGEND>
       
                             
<PERIOD-TYPE>                   3-MOS
<FISCAL-YEAR-END>                          DEC-31-1999
<PERIOD-END>                               MAR-31-1999
<CASH>                                          84,538
<SECURITIES>                                         0
<RECEIVABLES>                                   59,014
<ALLOWANCES>                                         0
<INVENTORY>                                          0
<CURRENT-ASSETS>                               196,028
<PP&E>                                       5,858,893
<DEPRECIATION>                               3,151,793
<TOTAL-ASSETS>                               3,276,788
<CURRENT-LIABILITIES>                          136,709
<BONDS>                                      1,708,933
<PREFERRED-MANDATORY>                                0
<PREFERRED>                                          0
<COMMON>                                             0
<OTHER-SE>                                   1,431,146
<TOTAL-LIABILITY-AND-EQUITY>                 3,276,788
<SALES>                                        214,772
<TOTAL-REVENUES>                               214,772
<CGS>                                                0
<TOTAL-COSTS>                                  126,351
<OTHER-EXPENSES>                                86,305
<LOSS-PROVISION>                                     0
<INTEREST-EXPENSE>                              38,537
<INCOME-PRETAX>                               (34,035)
<INCOME-TAX>                                         0
<INCOME-CONTINUING>                           (34,035)
<DISCONTINUED>                                       0
<EXTRAORDINARY>                                      0
<CHANGES>                                            0
<NET-INCOME>                                  (34,035)
<EPS-PRIMARY>                                   (1.16)
<EPS-DILUTED>                                   (1.16)