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11 Beds
10 Baths
28,042 sqft

$6,900,000

1051 Peterson Avenue, Decatur AR, 72722

Price per sqft$246.06
Property size28,042 sqft
Property typeResidential

Overview

Active

Listed Jun 11, 2025

Updated Sep 1

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 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 desirable neighborhood in NWA. Also MLS #1297091

$45,906/mo

Est. mortgage payment based on a $6,900,000 home price.

All estimates are provided by Luxury Presence for informational purposes only. Actual amounts may vary.

Additional information

MLS® ID
1311128

Interior Features

Bedrooms
11
Bathrooms
10
Fireplace
Yes
Cooling
Yes
Heating
Yes
Basement
No

Exterior Features

Lot Size
231 Acres

Other Property Details

Taxes
$23,446
Tax Frequency
Annually
Garage
Yes
View
Yes
Waterfront
Yes

Courtesy of Better Homes and Gardens Real Estate Journey Bento, Brande Weidler

Listing Contact: 479-319-3737 

IDX information is provided exclusively for consumers' personal, non-commercial use, it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Data is deemed reliable but is not guaranteed accurate by Northwest Arkansas Board of REALTORS MLS.

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