1051 Peterson Avenue, Decatur, AR 72722

Local realty services provided by:CENTURY 21 Action Realty
1051 Peterson Avenue,Decatur, AR 72722
$6,900,000
  • 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 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

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Home facts

  • Listing ID #:1311128
  • Added:914 day(s) ago
  • Updated:January 12, 2026 at 05:04 PM

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