1. Arkansas
  2. Decatur
  3. 1051 Peterson Avenue
$6,900,000

1051 Peterson Avenue, Decatur, AR 72722

  • 28,042 sqft
  • Property Icon other
  • Property Year Built Icon Built in ——
  • Property Lot Size Icon231acre lot
  • Property Parking Icon —— car garage
  • Property Price Per Square Feet Icon $246/sqft
  • Property List Date Icon Listed 6 months ago

Property Description

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 #1311128

Listing Status:
Pending
Date Added:
January 28, 2025 at 06:00AM
Listing Office:
Better Homes and Gardens Real Estate Journey Bento : 479-319-3737
MLS ID:
1297091

This listing courtesy of Better Homes and Gardens Real Estate Journey Bento

Monthly Payment

$Est. Payment
  • Principal & Interest $
  • Property Taxes $
  • Home Insurance $
  • VA Funding Fee $

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Location

Schools Nearby

D

Decatur Middle School

1498 Stadium Ave, Decatur, AR, 72722

Grades 5-8

0.45 miles away

D

Decatur Middle School

1498 Stadium Ave, Decatur, AR, 72722

Grades 5-8

0.45 miles away

D

Decatur High School

1498 Stadium Ave, Decatur, AR, 72722

Grades 9-12

0.45 miles away

Disclaimer: School and School District information courtesy of the National Center for Education Statistics (NCES). School boundaries may change. Proximity to listed schools does not guarantee enrollment eligibility. Contact the school district for more information and exact boundaries.