Improved Mixed-Use Land for Sale in Decatur, Arkansas

1051 Peterson Rd Decatur, AR 72722

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$6,900,000
231 acres
Active sale agoEst $34,528/mo

Own your very own PRIVATE AIRPORT with 231 beautiful acres of Arkansas countryside and 3 homes. Airport includes 21,000 sq ft of hangar space, 5 operational fuel tanks, and 3/4 mile PAVED runway. The revenue potential of this property is untapped. Possible large scale development for fly-in community with custom homes, estate lots, and lakefront homes. Currently the property has 3 existing homes and barn. The BIG HOUSE sits on 5 acres and is 5559 sq ft with 4 bedrooms, 3 full bathrooms, 2 half bathrooms, 2 living spaces, HUGE laundry/mud room, 4 car garage, outdoor entertaining with in-ground pool and one of a kind views. Lloyd's house sits on 3.5 acres and is 3203 sq ft. This home is ready for your personal touch with 4 bedrooms and 3.5 bathrooms, see-through native stone fireplace, family room with a built in rotisserie, 2 car garage, 2 car carport, and in-ground pool. The LAKEFRONT HOME is 1368 sq ft with 3 bedrooms, 2 bathrooms, open concept kitchen, & 2 car garage and would be a great short term rental.

31,220
Sq feet

Directions

AR Hwy 102 towards Decatur, AR - right on AR Hwy 59 - right at Crystal Lake Public Park

Property details

Coordinates
36.3348, -94.4499
Elevation
1,296 feet
MLS Number
ARMLS 1248941
Date Posted

Legal description

Parcels

  • 08-00082-516

This 231-acre property is located at 1051 Peterson Rd 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 31,220 sq ft structure. Listing data is sourced from Northwest Arkansas Board of Realtors # 1248941.

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) 2024 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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