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Tara Limbird

Principal Broker | Operator | Limbird Real Estate Group | PLACE

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1051 Peterson Ave , Decatur, AR 72722
$6,900,000
Est. Payment: $35,571.76/mo
11 Bed
8.5 Bath
28042 Sqft
Status: Active | Days on site: 240
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130000483 - 83125
By proceeding and clicking the sign up button, you consent to receive calls and texts (SMS/MMS) including marketing and promotional communications, from Tara Limbird, its affiliates, and agents or vendors acting on their behalf. These communications may be delivered using an automatic telephone dialing system or by using an artificial or prerecorded voice. Message and data rates may apply. To opt out of text messages, reply STOP. Your consent is not required as a condition of any purchase. By continuing, you also agree to our Terms of Use and Privacy Policy.
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Tara Limbird
Principal Broker | Operator
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House 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
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Highlights

Listed by Brande Weidler , 479-685-6962 Better Homes and Gardens Real Estate Journey Bento , 479-319-3737. Arkansas Regional MLS, LLC

Property Type

Residential
Lot/Acreage
231

County

Benton

 Neighborhood

Na

 School District

Decatur

Listing ID

1311128

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Interior Features

Bedrooms and Bathrooms
  • ▪ Bedrooms:11
  • ▪ Bathrooms:8.5
  • ▪ Full Bathrooms:7
  • ▪ 1/2 Bathrooms:3
Appliances:Built-In Range, Built-In Oven, Counter Top, Double Oven, Dishwasher, Electric Cooktop, Disposal, Gas Water Heater, Microwave, Refrigerator, Range Hood, Intercom
Air Cond:Central Air,Electric
Fireplaces:Family Room
Floor:Carpet,Concrete,Marble,Wood
Basement:Crawl Space
Other:
  • ▪ Additional: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
Water:Public

Exterior Features

Lot:Not In Subdivision
Roof:Architectural,Shingle
Sewer:Septic Tank
Parking Features:Garage,Asphalt,Garage Door Opener,RV Access/Parking
Principal Interest
$35,572
Taxes
$1,954

Home Price

$6,900,000

Loan Details

30 yrs
6.687%

Down Payment

20%
$1,380,000
All calculations are estimates and provided by Blueroof360. Today’s Rates provided by Blueroof360. Information and interactive calculators are made available to you only as self-help tools for your independent use and are not intended to provide investment or tax advice. We cannot and do not guarantee their applicability or accuracy in regards to your individual circumstances. All examples are hypothetical and are for illustrative purposes. We encourage you to seek personalized advice from qualified professionals regarding all personal finance issues.
Monthly Price:
$35,571.76

Principal

Taxes

Principal Taxes HOA Total
Monthly $35,571.76 $1,953.83 $0.00 $37,525.59
Yearly $426,861.09 $23,446.00 $0.00 $450,307.09
Total $12,805,832.65 $703,380.00 $0.00 $13,509,212.65

Today's Rates

30 Year

6.69%

20 Year

6.61%

15 Year

6%

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Market insight data is pulled from the same city as the listing being viewed (Decatur, AR).

The schools listed are within a 2-mile radius of the property; however, attendance is not guaranteed. Please contact the local school district to confirm zoning and enrollment options.

Information provided by Arkansas Regional MLS, LLC, and is deemed reliable but not guaranteed accurate.

IDX service by Blueroof 360

Data last updated: 2026-09-04T22:11:20.000Z

© 2026 Arkansas Regional MLS, LLC