1051 Peterson Avenue, Decatur, AR 72722
Local realty services provided by:Better Homes and Gardens Real Estate Journey



Listed by:
- Brande Weidler(479) 685 - 6962Better Homes and Gardens Real Estate Journey
MLS#:1311128
Source:AR_NWAR
Price summary
- Price:$6,900,000
- Price per sq. ft.:$246.06
About this home
Seize the opportunity to own a one-of-a-kind property in Arkansas, where business meets nature and lifestyle meets luxury. Peterson Farms property is for sale. This expansive 230-acre property offers unparalleled potential with a private airport featuring a 3/4-mile-long paved runway, five fuel tanks, and 18000 sq ft of hangar storage. Perfect for aviation enthusiasts, business owners, or developers, the property’s prime location provides direct access to two major highways, ensuring convenience for transportation and logistics. Additionally this unique estate offers stunning lakefront views, creating an idyllic setting for both business and recreational use. Whether you're looking to expand your aviation business, build a custom retreat, develop a mixed-use commercial venture, or develop an exclusive air-park residential community this versatile property offers endless possibilities. Three existing homes on the property offer a base level of what could be the most exclusive neighborhood in NWA. Also MLS #1297091
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Home facts
- Listing Id #:1311128
- Added:751 day(s) ago
- Updated:August 21, 2025 at 07:40 AM
Rooms and interior
- Bedrooms:11
- Total bathrooms:10
- Full bathrooms:7
- Half bathrooms:3
- Living area:28,042 sq. ft.
Heating and cooling
- Cooling:Central Air, Electric
- Heating:Central, Gas
Structure and exterior
- Roof:Architectural, Shingle
- Building area:28,042 sq. ft.
- Lot area:231 Acres
Utilities
- Water:Public, Water Available
- Sewer:Septic Available, Septic Tank
Finances and disclosures
- Price:$6,900,000
- Price per sq. ft.:$246.06
- Tax amount:$23,446
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