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
Single-familyProperty Type
231 acresLot Size
$246Price/Sq.Ft.
8 spacesParking
Listed by Brande Weidler• Better Homes and Gardens Real Estate Journey Bento
This district is intented for application in new single-family residential areas, and previosly platted ares generally conforming to requirement of this district, and conditional uses not inconsistent with the residential character of the area.
Permitted uses
Include but are not limited to:
Housing-Single unit
Climate risks
1/10 Flood Factor
Minimal risk of a flood reaching the building in the next 30 years
4/10 Fire Factor
3% chance of being in a wildfire in next 30 years
5/10 Heat Factor
7 days above 105° expected this year, 20 days in 30 years
2/10 Wind Factor
2% chance of strong winds in next 30 years
2/10 Air Factor
1 unhealthy days expected this year, 1 days in 30 years
Provided by First Street
Historical weather
Decatur, AR • 72722
Average low and high temperatures (°F)
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24
55
33
69
46
72
53
75
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85
69
90
72
87
68
81
62
76
54
63
42
53
34
Jan
Feb
Mar
Apr
May
Jun
Jul
Aug
Sep
Oct
Nov
Dec
Sun exposure
98/ 100
Exceptional sunlight
Sunscore
This home receives average direct sun exposure in Decatur. There appears to be minimal shading by surrounding buildings, terrain, and vegetation.
9.5 hrs
6.2 hrs
JuneDecember
Provided by Shadowmap
Redfin Estimate for 1051 Peterson Ave
$5,523,517
$1.4M under list price of $6.90M
Nearby comparable homes
The Redfin Estimate uses 6 recent nearby sales, priced between $575K to $960K.