Waterfront
Address
1051 Peterson Avenue, Decatur, AR
Price
$ 6,900,000
Property Attributes
- MLS#1311128
- TypeSingle Family
- Listing Status Active
- CountyBenton
- CityDecatur
- NeighborhoodNA
- Zip72722
- Style
- Taxes$ 23446
- Price$ 6,900,000
- Bedrooms11
- Full Bathrooms7
- Half Bathrooms3
- Sqr Footage28042
- Lot Size231 Acres
Data Source:
Northwest Arkansas BOR (NABOR)
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 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 #1297091
| Price History | |
|---|---|
| 9/12/2025 | Listed $6,900,000 |
General Features
| 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 |
| Full Baths | 7 |
| Status | Active |
| Directions | Hwy 102 west to Decatur - turn right on Hwy 59 - turn right on Crystal Lake Rd |
| City | Decatur |
| Body of Water | Crystal Lake |
| Disclosures | Sellers Disclosure Not Available |
| 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 | Active |
| Middle/Junior School District | Decatur |
| Elementary School District | Decatur |
| Property Sub Type Additional | Single Family Residence |
| PostalCity | Decatur |
| Legal Description | TRACTS 1 AND 2: |
Interior Features
| 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,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 |
| LivingAreaSource | Owner |
| Total Baths | 10 |
Exterior Features
| 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 |
Amenities
- Foreclosure
- Views
- Short Sale
- New Construction
- Adult 55+
- Lease To Own
- No HOA Fees
- Furnished
- Primary On Main
- Air Conditioning
- Seller Finance
- Green
- Fixer Upper
- Horse
- Golf
- Fireplace
- Deck
- Garage
- Basement
- Pool
Property vs Single Family Average in 72722
Price
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Cooperative Arkansas REALTORS®l MLS, Inc. All information deemed reliable but not guaranteed. All properties are subject to prior sale, change or withdrawal. Neither listing broker(s) or information provider(s) shall be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless. Listing(s) information is provided for consumer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may
Northwest Arkansas Board of REALTORS® All information deemed reliable but not guaranteed. All properties are subject to prior sale, change or withdrawal. Neither listing broker(s) or information provider(s) shall be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless. Listing(s) information is provided for consumer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be
Fort Smith Board of Realtors® All information deemed reliable but not guaranteed. All properties are subject to prior sale, change or withdrawal. Neither listing broker(s) or information provider(s) shall be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless. Listing(s) information is provided for consumer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested
