$6,900,000
PENDING

1051 Peterson Ave Decatur, AR 72722

Estimated payment $39,477/month

Total Views 4,797
11 Beds
10 Baths
28,042 Sq Ft
$246 Price per Sq Ft

Highlights

  • Lake Front
  • 231 Acre Lot
  • Deck
  • RV Access or Parking
  • Community Lake
  • Wood Burning Stove

About This Home

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 #1297091

Listing Agent

Brande Weidler

Better Homes and Gardens Real Estate Journey Bento Brokerage Email: bprealtynwa@gmail.com License #EB00083125 Listed on: 06/09/2025

Better Homes and Gardens Real Estate Journey Bento

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $23,446

Lot Details

  • 231 Acre Lot
  • Lake Front
  • Property fronts a private road
  • Wire Fence

Home Design

  • Slab Foundation
  • Shingle Roof
  • Architectural Shingle Roof
  • Metal Siding
  • Cedar

Interior Spaces

  • 28,042 Sq Ft Home
  • 2-Story Property
  • Wet Bar
  • Built-In Features
  • Cathedral Ceiling
  • Ceiling Fan
  • Skylights
  • Wood Burning Stove
  • Plantation Shutters
  • Blinds
  • Drapes & Rods
  • Family Room with Fireplace
  • 3 Fireplaces
  • Storage
  • Washer and Dryer Hookup
  • Lake Views
  • Crawl Space
  • Attic

Kitchen

  • Eat-In Kitchen
  • Built-In Double Oven
  • Built-In Range
  • Range Hood
  • Microwave
  • Dishwasher
  • Granite Countertops
  • Disposal

Flooring

  • Wood
  • Carpet
  • Concrete
  • Marble

Bedrooms and Bathrooms

  • 11 Bedrooms
  • Split Bedroom Floorplan
  • Walk-In Closet

Home Security

  • Intercom
  • Fire and Smoke Detector

Parking

  • 8 Car Garage
  • Garage Door Opener
  • RV Access or Parking

Outdoor Features

  • Deck
  • Patio
  • Pole Barn

Utilities

  • Central Heating and Cooling System
  • Heating System Uses Gas
  • Programmable Thermostat
  • Gas Water Heater
  • Septic Tank
  • Cable TV Available

Community Details

  • Community Lake

Listing and Financial Details

  • Legal Lot and Block / / /

Home Details

Home Type

Single Family

Est. Annual Taxes

$23,446

Lot Details

0

Listing Details

  • Property Sub Type: Single Family Residence
  • Prop. Type: Residential
  • Lot Size Acres: 231.0
  • Road Frontage Type: Private Road
  • Water Body Name: Crystal Lake
  • Subdivision Name: NA
  • 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.
  • Garage Yn: Yes
  • Unit Levels: Two
  • New Construction: No
  • Building Stories: 2
  • Structure Type: House
  • Year Built Details: 25 Years or older
  • Property Sub Type Additional: Single Family Residence
  • Attribution Contact: bprealtynwa@gmail.com
  • Special Features: VirtualTour
  • Stories: 2

Interior Features

  • Appliances: Built-In Range, Built-In Oven, Counter Top, Double Oven, Dishwasher, Electric Cooktop, Disposal, Gas Water Heater, Microwave, Refrigerator, Range Hood
  • Other Equipment: Intercom
  • Has Basement: Crawl Space
  • Basement YN: No
  • Full Bathrooms: 7
  • Half Bathrooms: 3
  • Total Bedrooms: 11
  • Fireplace Features: Family Room
  • Fireplaces: 3
  • Fireplace: Yes
  • Flooring: Carpet, Concrete, Marble, Wood
  • 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, See Remarks, Storage, Shutters, Skylights, Walk-In Closet(s), Wood Burning Stove, Window Treatments
  • Living Area: 28042.0
  • Window Features: Blinds, Drapes, Plantation Shutters, Skylight(s)

Exterior Features

  • Fencing: Fenced, Wire
  • Lot Features: Not In Subdivision, None
  • View: Lake
  • View: Yes
  • Waterfront Features: Lake Front
  • Waterfront: Yes
  • Construction Type: Cedar, Metal Siding, Rock
  • Foundation Details: Crawlspace, Slab
  • Other Structures: Barn(s), Pole Barn
  • Patio And Porch Features: Deck, Patio
  • Roof: Architectural, Shingle

Garage/Parking

  • Covered Parking Spaces: 8.0
  • Parking Features: Garage, Asphalt, Garage Door Opener, RV Access/Parking

Utilities

  • Laundry Features: Washer Hookup, Dryer Hookup
  • Security: Security System, Fire Alarm, Smoke Detector(s)
  • Cooling: Central Air, Electric
  • Cooling Y N: Yes
  • Heating: Central, Gas
  • Heating Yn: Yes
  • Sewer: Septic Tank
  • Utilities: Cable Available, Electricity Available, Natural Gas Available, Septic Available, Water Available
  • Water Source: Public

Condo/Co-op/Association

  • Community Features: Lake
  • Association #2 Fee Frequency: Monthly

Schools

  • Junior High Dist: Decatur

Tax Info

  • Tax Annual Amount: 23446.0
  • Tax Block: /
  • Tax Lot: /

Map

Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2024 $10,737 $206,489 $23,249 $183,240
2023 $10,250 $197,120 $17,840 $179,280
2022 $10,787 $197,120 $17,840 $179,280
2021 $10,760 $197,120 $17,840 $179,280
2020 $10,056 $184,170 $6,660 $177,510
2019 $10,056 $184,170 $6,660 $177,510
2018 $9,577 $184,170 $6,660 $177,510
2017 $9,577 $184,170 $6,660 $177,510
2016 $9,577 $184,170 $6,660 $177,510
2015 $9,449 $181,720 $15,350 $166,370
2014 $9,449 $181,720 $15,350 $166,370
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/11/2025 06/11/25 Pending -- -- --
06/09/2025 06/09/25 For Sale $6,900,000 -- $246 / Sq Ft
Source: Northwest Arkansas Board of REALTORS®

Source: Northwest Arkansas Board of REALTORS®

MLS Number: 1311128

Northwest Arkansas Board of REALTORS®

APN: 08-00082-516

Arkansas Benton County Decatur 72722

1051 Peterson Ave, Decatur, AR

This home is located at 1051 Peterson Ave, Decatur, AR 72722 and is currently priced at $6,900,000, approximately $246 per square foot. 1051 Peterson Ave is a home located in Benton County with nearby schools including Decatur Northside Elementary School, Decatur Middle School, and Decatur High School.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

Northwest Arkansas Board of REALTORS® IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.

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Brande Weidler
Listing Agent
Brande Weidler
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Better Homes and Gardens Real Estate Journey Bento
(479) 339-5200