Improved Land for Sale in Decatur, Arkansas
1051 Peterson Ave, Decatur, AR 72722
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 #1311128
Location
- Street address
- 1051 Peterson Ave
- County
- Benton County
- Elevation
- 1,296 feet
Directions
Hwy 102 west to Decatur - turn right on Hwy 59 - turn right on Crystal Lake Rd.
Property details
- Acreage
- 231 acres
- MLS #
- ARMLS 1297091
- Posted
Property taxes
- Recent
- $23,446 - TRACTS 1 AND 2:
Parcels
- 08-00082-516
Details and features
Listing
- Type
- Residential
- Unit Count
- 3
- Franchise
- Better Homes and Gardens Real Estate
Lot
- Waterfront
- Yes
- Features
- City Lot, Rural Lot, Waterfront, Wooded
Exterior
- Parking
- Garage, Parking Lot
Structure
- Water
- Public
- Sewer
- Septic Tank
- Heating
- Central, Natural Gas
- Cooling
- Central Air, Electric
- Materials
- Cedar, Metal Siding, Rock
- Roof
- Shingle
Interior
- Flooring
- Carpet, Concrete, Marble, Wood
- Appliances
- Gas Water Heater
- Security
- Security
- Features
- Intercom
Property utilities
| Category | Type | Status |
|---|---|---|
| Gas | Natural Gas | Connected |
Listing history
| Date | Event | Price | Change | Source |
|---|---|---|---|---|
| Jan 2, 2026 | New listing | $6,900,000 | — | ARMLS |
| June 12, 2025 | Listing removed | $6,900,000 | — | Listing agent |
| Jan 28, 2025 | New listing | $6,900,000 | — | ARMLS |