1051 Peterson Avenue Decatur, AR $ 6,900,000
1051 Peterson Avenue
$ 6,900,000
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1051 Peterson Avenue

Decatur, AR, 72722
$ 6,900,000
Bedrooms11 Baths7.3 Sq 28,042

Monthly Estimate*

$ 43,047

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Single Family Home for sale in Decatur, AR

for $6,900,000 with 11 bedrooms and 7 full baths, 3 half baths. This 28,042 square foot home was built on a lot size of 231.

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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Single Family Pending

Price

$ 6,900,000

Bedrooms

11

Full Bath

7

Half Bath

3

Property Type

Single Family

Taxes

$ 23,446

Style

Lot Size

231

Town/City

Decatur

County/Region

Benton

MLS | Web ID

1311128

Features
General
Sewer Septic Tank
Heating Central Gas
Cooling Central Air Electric
Utilities Cable Available Electricity Available Natural Gas Available Septic Available Water Available
Roof Architectural Shingle
Appliances Built-In Range Built-In Oven Counter Top Double Oven Dishwasher Electric Cooktop Disposal Gas Water Heater Microwave Refrigerator Range Hood
Patio/Porch Features Deck Patio
Security Features Security System Fire Alarm Smoke Detector(s)
Construction Materials Cedar Metal Siding Rock
View Lake
Stories Count 2
Levels Two
Property Subtype Single Family Residence
Waterfront Features Lake Front
Community Features Lake
County Benton
New Construction false
Property Type Residential
Subdivision Name NA
Garage Y/N true
Other Structures Barn(s) Pole Barn
Total Rooms 0
Full Baths 7
Status Pending
Directions Hwy 102 west to Decatur - turn right on Hwy 59 - turn right on Crystal Lake Rd - listing agent will meet you at the private gate entrance in the park.
City Decatur
Body of Water Crystal Lake
High School District Decatur
Lot Size Units Acres
Year Built Details 25 Years or older
Tax Annual Amount 23446
Virtual Tour https://tour.nwarealtors.org/1051-Peterson-Avenue-Decatur-AR-72722--1311128/unbranded
Structure Type House
Standard Status Pending
Middle/Junior School District Decatur
Elementary School District Decatur
Property Sub Type Additional Single Family Residence
Legal Description TRACTS 1 AND 2:
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Interior
Interior Amenities Attic Wet Bar Built-in Features Ceiling Fan(s) Cathedral Ceiling(s) Eat-in Kitchen Granite Counters Intercom Pantry Programmable Thermostat Split Bedrooms See Remarks Storage Shutters Skylights Walk-In Closet(s) Wood Burning Stove Window Treatments
Basement Crawl Space
Flooring Carpet Concrete Marble Wood
Total Fireplaces 3
Fireplace Features Family Room
Basement (Y/N) false
Air Conditioning Y/N true
Heating Y/N true
Window Features Blinds Drapes Plantation Shutters Skylight(s)
Fireplace Y/N true
Half Baths 3
Laundry Features Washer Hookup Dryer Hookup
Total Bedrooms 11
Total Baths 10
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Exterior
Fencing Fenced Wire
Parking Features Garage Asphalt Garage Door Opener RV Access/Parking
Lot Features Not In Subdivision None
Water Source Public
Lot Size Area 231
Foundation Details Crawlspace Slab
Building Area Total 28042
Lot Size Acres 231
Waterfront Y/N true
Covered Spaces 8
Road Frontage Type Private Road
Other Equipment Intercom
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* Excluded Features
List By
Better Homes And Gardens Real Estate Journey Bento

Broker

bprealtynwa@gmail.com

Email

Affordability Calculator

$45,001
Per Month
96%
4%
0%
Monthly Principal & Interest
$43,047
Monthly Property Taxes
$1,954
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 6.375% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
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Nearby
4654010 Elementary School
4746927 Middle School
Unknown High School High School
Pricing History
DatePricePrice ChangeDescription
9/12/2025$6,900,000 Listed Price

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1051 Peterson Avenue, Decatur, AR, 72722 is a Single Family Home for sale at $6,900,000 with 28,042 sqft and a lot size of 231. 1051 Peterson Avenue has 11 bedrooms and 7.3 baths. The property's zip code is 72722 which is in Decatur, AR