About 1051 Peterson Avenue
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
Features of 1051 Peterson Avenue
| MLS® # | 1297091 |
|---|---|
| Price | $6,900,000 |
| Square Footage | 28,042 |
| Acres | 231.00 |
| Type | Commercial Sale |
| Sub-Type | Other |
| Status | Active |
Community Information
| Address | 1051 Peterson Avenue |
|---|---|
| City | Decatur |
| County | Benton |
| Province | AR |
| Postal Code | 72722 |
Amenities
| Utilities | Cable Available, Electricity Available, Natural Gas Available, Septic Available, Water Available |
|---|---|
| Parking | Attached, Garage, Parking Lot |
| Is Waterfront | Yes |
| Has Pool | No |
Interior
| Interior Features | Intercom |
|---|---|
| Appliances | Gas Water Heater |
| Heating | Central, Gas |
| Cooling | Central Air, Electric |
| Fireplace | No |
| Basement | Crawl Space |
Exterior
| Lot Description | City Lot, Other, Rural Lot, See Remarks, Wooded, Waterfront |
|---|---|
| Roof | Architectural, Shingle |
| Construction | Cedar, Metal Siding, Rock |
| Foundation | Crawlspace, Slab |
Additional Information
| Date Listed | January 28th, 2025 |
|---|---|
| Days on Market | 142 |
Listing Details
| Agent | Brande Weidler |
|---|---|
| Office | Better Homes and Gardens Real Estate Journey Bento |