Improved Land for Sale in Decatur, Arkansas

1051 Peterson Ave Decatur, AR 72722

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$6,900,000
231 acres
Active
agoEst $39,091/mo

Seize the opportunity to own a one-of-a-kind property in Arkansas, where business meets nature and lifestyle meets luxury. The previously owned 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

28,042
Sq feet

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.

Location

Street Address
1051 Peterson Ave
Elevation
1,296 feet
Coordinates
36.3348, -94.4499

Property details

MLS Number
ARMLS 1297091
Date Posted

Parcels

  • 08-00082-516

Resources

This 231-acre property is located at 1051 Peterson Ave in Decatur, AR 72722 with latitude 36.3348 and longitude -94.4499. The property is currently available for sale for $6,900,000. It has a 28,042 sq ft structure. Listing data is sourced from Northwest Arkansas Board of Realtors # 1297091.

Verify sale details at the property source or contact Better Homes and Gardens Real Estate Journey Bento at (479) 387-1534.

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Copyright (C) 2025 Northwest Arkansas Board of REALTORS(R). All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

Updated . Checked 1 hour ago. Parcel data by Regrid.

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