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1051 Peterson Avenue, Decatur, AR 72722

Decatur
Local realty services provided by:CENTURY 21 Lyons & Associates Real Estate
1051 Peterson Avenue,Decatur, AR 72722
$6,900,000
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  • 11 Beds
  • 10 Baths
  • 28,042 sq. ft.
  • Single family
  • Active
Listed by: brande weidler
Office: better homes and gardens real estate journey bento
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 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...

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Home facts

  • Subdivision & Development:NA
  • Listing ID #:1311128
  • Added:1180 day(s) ago
  • Updated:October 24, 2026 at 02:17 PM

Rooms and interior

  • Bedrooms:11
  • Total bathrooms:10
  • Full bathrooms:7
  • Half bathrooms:3
  • Flooring:Carpet, Concrete, Marble, Wood
  • Kitchen Description:Built-In Oven, Built-In Range, Counter Top, Dishwasher, Double Oven, Electric Cooktop, Garbage Disposal, Gas Water Heater, Granite Counters, Microwave, Pantry, Range Hood, Refrigerator
  • Bedroom Description:Split Bedrooms
  • Basement:Yes
  • Basement Description:Crawl Space
  • Living area:28,042 sq. ft.

Heating and cooling

  • Cooling:Central Air, Electric
  • Heating:Central, Gas
  • Central air:Yes

Structure and exterior

  • Roof:Architectural, Shingle
  • Building area:28,042 sq. ft.
  • Lot area:231 Acres
  • Lot Features:Not In Subdivision
  • Construction Materials:Cedar, Metal Siding, Rock
  • Exterior Features:Deck, Patio
  • Foundation Description:Crawlspace, Slab
  • Levels:2 Story

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

Features and amenities

  • Appliances:Built-In Oven, Built-In Range, Dishwasher, Disposal, Double Oven, Gas Water Heater, Intercom, Microwave, Range Hood, Refrigerator
  • Laundry features:Dryer Hookup, Washer Hookup
  • Amenities:Attic, Cathedral Ceilings, Ceiling Fans, Fire Alarm, Granite Counters, Intercom, Pantry, Plantation Shutters, Programmable Thermostat, Security System, Shutters, Skylights, Smoke Detectors, Split Bedrooms, Storage, Walk-In Closets, Wet Bar, Window Blinds, Window Drapes, Window Treatments

Parking

  • Parking description:Asphalt, Garage, Garage Door Opener
  • Garage:Yes

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