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$6,900,000
33 Days On Site

1051 Peterson Avenue
Decatur, AR 72722

For Sale|Single Family Residence|Pending
11
Beds
10
Total Baths
7
Full Baths
3
Partial Baths
28,042
SqFt
$246
/SqFt
Subdivision:
NA
County:
Benton
1051 Peterson Avenue1051 Peterson Avenue1051 Peterson Avenue1051 Peterson Avenue
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Monthly Payment (Est.)

$31,481
Calculator powered by Showcase IDX, a Constellation1 Company. Copyright ©2025 Information is deemed reliable but not guaranteed.

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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Listing Snapshot
Price 
$6,900,000
Days On Site 
33 Days
Bedrooms 
11
Inside Area (SqFt) 
28,042 sqft
Total Baths 
10
Full Baths 
7
Partial Baths 
3
Lot Size 
231 Acres
Year Built 
N/A
MLS® Number 
1311128
Status 
Pending
Property Tax 
$23,446
HOA/Condo/Coop Fees 
N/A
Sq Ft Source 
Owner
Friends & Family
Recent Activity
a month agoStatus changed to Pending
a month agoListing updated with changes from the MLS®
a month agoListing first seen on site
General Features
Acres 
231
Foundation 
Slab
Garage 
Yes
Number Of Stories 
2
Parking 
GarageAsphaltGarage Door OpenerRV Access/Parking
Property Sub Type 
Single Family Residence
Security 
Smoke Detector(s)Security SystemFire Alarm
Sewer 
Septic Tank
SqFt Total 
28042
Stories 
Two
Utilities 
Cable AvailableElectricity AvailableNatural Gas AvailableWater Available
Water Source 
Public
Interior Features
Appliances 
OvenRangeBuilt-In RangeDouble OvenDishwasherElectric CooktopDisposalGas Water HeaterMicrowaveRefrigeratorRange Hood
Basement 
Crawl Space
Cooling 
Ceiling Fan(s)Central AirElectric
Fireplace 
Yes
Fireplace Features 
Family RoomWood Burning Stove
Fireplaces 
3
Flooring 
CarpetConcreteMarbleWood
Heating 
Natural GasWood StoveCentral
Interior 
Wet BarBuilt-in FeaturesCeiling Fan(s)Cathedral Ceiling(s)Eat-in KitchenGranite CountersPantrySee RemarksStorageWalk-In Closet(s)Smart Thermostat
Laundry Features 
Washer Hookup
Window Features 
Skylight(s)BlindsDrapesPlantation ShuttersShuttersWindow Treatments
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Exterior Features
Construction Details 
StoneCedarMetal Siding
Fencing 
FencedWire
Lot Features 
Waterfront
Other Structures 
Barn(s)
Patio And Porch 
DeckPatio
Road Frontage 
Private Road
Roof 
Shingle
View 
Lake
Waterfront 
Yes
Waterfront Features 
Lake Front
Waterview 
Lake
Windows/Doors 
Skylight(s)BlindsDrapesPlantation ShuttersShuttersWindow Treatments
Community Features
HOA Fee Frequency 
Monthly
School District 
Decatur
Schools
School District
Decatur
Elementary School
Unknown
Middle School
Unknown
High School
Unknown
Listing courtesy of Brande Weidler of Better Homes and Gardens Real Estate Journey Bento



Listing information is provided by Participants of the Northwest Arkansas Board of Realtors. IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed. Copyright 2025, Northwest Arkansas Board of Realtors.
Last checked: 2025-07-12 02:47 PM UTC

Neighborhood & Commute
Source: Walkscore
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Contact Details

AJ Shirey, Collier & Associates