1051 Peterson Avenue, Decatur, AR 72722

$6,900,000
28,042
SqFt

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List Price
$6,900,000
Status
ACTIVE
MLS#
ARKMLS-1297091
Sq. Ft
28,042
Acres
231

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 #1311128

Additional Information

Taxes
$23,446
Roof
Architectural, Shingle
Appliances
Gas Water Heater
Foundation
Crawlspace, Slab
Basement
Crawl Space
Heating
Central, Gas
Cooling
Central Air, Electric

Mortgage Calculator

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Calculator source: Real Geeks

Listing courtesy of Better Homes and Gardens Real Estate Journey Bento. 479-319-3737