Peterson Avenue

Decatur | Arkansas

The Beauty of

Estate Life

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Michelle Higgins

Presented At

$6,900,000

Bedrooms

Bathrooms

Living

28,042

SQFT

1051 Peterson Avenue, Decatur, AR 72722, Decatur, Arkansas, United States. - Photo 1

1051 Peterson Avenue, Decatur, AR 72722, Decatur, Arkansas, United States. - Photo 2

1051 Peterson Avenue, Decatur, AR 72722, Decatur, Arkansas, United States. - Photo 3

1051 Peterson Avenue, Decatur, AR 72722, Decatur, Arkansas, United States. - Photo 4

1051 Peterson Avenue, Decatur, AR 72722, Decatur, Arkansas, United States. - Photo 5

1051 Peterson Avenue, Decatur, AR 72722, Decatur, Arkansas, United States. - Photo 6

1051 Peterson Avenue, Decatur, AR 72722, Decatur, Arkansas, United States. - Photo 7

1051 Peterson Avenue, Decatur, AR 72722, Decatur, Arkansas, United States. - Photo 8

1051 Peterson Avenue, Decatur, AR 72722, Decatur, Arkansas, United States. - Photo 9

1051 Peterson Avenue, Decatur, AR 72722, Decatur, Arkansas, United States. - Photo 10

1051 Peterson Avenue, Decatur, AR 72722, Decatur, Arkansas, United States. - Photo 11

1051 Peterson Avenue, Decatur, AR 72722, Decatur, Arkansas, United States. - Photo 12

1051 Peterson Avenue, Decatur, AR 72722, Decatur, Arkansas, United States. - Photo 13

1051 Peterson Avenue, Decatur, AR 72722, Decatur, Arkansas, United States. - Photo 14

1051 Peterson Avenue, Decatur, AR 72722, Decatur, Arkansas, United States. - Photo 15

1051 Peterson Avenue, Decatur, AR 72722, Decatur, Arkansas, United States. - Photo 16

1051 Peterson Avenue, Decatur, AR 72722, Decatur, Arkansas, United States. - Photo 17

1051 Peterson Avenue, Decatur, AR 72722, Decatur, Arkansas, United States. - Photo 18

1051 Peterson Avenue, Decatur, AR 72722, Decatur, Arkansas, United States. - Photo 19

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1051 Peterson Avenue, Decatur, AR 72722, Decatur, Arkansas, United States. - Photo 21

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1051

Peterson Avenue

Decatur | Arkansas

1051 Peterson Avenue, Decatur, AR 72722, Decatur, Arkansas, United States. , Decatur , Arkansas 72722

11 Bedrooms Single Family Detached

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

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Property Location

1051 Peterson Avenue, Decatur, AR 72722, Decatur, Arkansas, United States., Decatur Arkansas

Local Weather & Climate

Decatur, Arkansas

Current Conditions Updated recently

65 °F

Thunderstorm with light rain

Feels Like 65°F

Humidity 88%

Wind 6 mph

Visibility 6.2 mi

Sunrise 12:44 PM

Sunset 12:14 AM

5-Day Forecast

Wed 4 Mar

Rain

High 65°

Low 63°

Thu 5 Mar

Rain

High 67°

Low 54°

Fri 6 Mar

Rain

High 66°

Low 61°

Sat 7 Mar

Rain

High 67°

Low 46°

Sun 8 Mar

Clouds

High 57°

Low 50°

Data from OpenWeatherMap

Walkability & Transit Scores

How easy is it to get around Decatur?

Walkability and transit scores for this address come from the EPA National Walkability Index.

Mortgage Calculator

Estimate your monthly payments for this property

Home Price

Down Payment

$100,000

Interest Rate

Loan Term

Estimated Monthly Payment $3,160

Monthly Payment Breakdown

Principal & Interest $2,528

Loan Amount $400,000

Total Interest $337,621

Total Cost $737,621

Potential Tax Benefits (United States)

$0 Est. First Year Interest Deduction

$0 Est. Annual Tax Savings

*Based on post-2017 tax law. Actual deductions depend on filing status, itemization, and current tax laws.

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Important Information

This calculator is for illustrative purposes only and does not constitute a loan offer, pre-approval, or commitment to lend.
Monthly payment estimates do not include property taxes, homeowner's insurance, HOA fees, or other applicable costs which may significantly increase your actual payment.
Interest rates shown are for demonstration only. Actual rates depend on your credit score, down payment, loan type, property location, and current market conditions.
This tool provides estimates only. Consult with a licensed mortgage professional for accurate quotes and personalized advice.
Tax benefit calculations are simplified estimates based on general assumptions for United States. Actual deductions depend on your specific tax situation, filing status, and current tax laws.
Tax Year Information: Tax data shown is based on United States tax year 2025 (fiscal year: January-December), rules effective from 2018 through 2025. Tax laws change frequently and may have been amended since this data was compiled.

Tax Information Disclaimer

The tax benefit information displayed on this page is provided for general informational and educational purposes only. This information:

Does not constitute tax advice and should not be relied upon as such. Tax laws are complex and vary by jurisdiction, individual circumstances, and are subject to change without notice.
May not be current or accurate for your specific situation. Tax rules are updated frequently by governments, and the information shown may not reflect the most recent changes.
Uses simplified assumptions that may not apply to your circumstances, including filing status, total income, other deductions, alternative minimum tax considerations, and local tax variations.
Should not be used as the basis for any tax planning decisions or financial strategies without consulting a qualified tax professional licensed in your jurisdiction.

Before making any decisions based on potential tax benefits, you should consult with a qualified tax advisor, certified public accountant (CPA), or licensed tax professional who can evaluate your specific circumstances and provide advice tailored to your situation.

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Neighborhood Demographics

ZIP 72722 • 2022 ACS Data

2,505 Population

Median Age: 34.0

$51,424 Median Income

Average

$158,500 Median Home Value

Rent: $817

15.4% College Graduates

Below Average

Housing

Homeowners 50.2%

Renters 36.5%

Vacancy Rate 13.3%

Employment

7.6% Unemployment

9.1% Work From Home

Education Attainment (Age 25+)

High School+ 84.4%

Bachelor's+ 15.4%

Graduate+ 3.0%

Data from U.S. Census Bureau American Community Survey 2022

Local Market Trends

Real estate market data for Decatur

Hot Market Homes selling quickly with high competition

$251,600

Median Sale Price

$173

Price per Sq Ft

Avg Days on Market

Data provided by RentCast

Frequently Asked Questions

Common questions about this property

How many bedrooms and bathrooms does 1051 Peterson Avenue, Decatur, AR 72722, Decatur, Arkansas, United States have?

This house at 1051 Peterson Avenue, Decatur, AR 72722, Decatur, Arkansas, United States features 11 bedrooms with 28,042 square feet of living space.

What is the size of 1051 Peterson Avenue, Decatur, AR 72722, Decatur, Arkansas, United States?

This property offers 28,042 square feet of living space.

What is the listing price for 1051 Peterson Avenue, Decatur, AR 72722, Decatur, Arkansas, United States?

This property is listed at $690,000,000, which equals $24606 per square foot.

What type of property is 1051 Peterson Avenue, Decatur, AR 72722, Decatur, Arkansas, United States?

This is a house located in Decatur, Arkansas. The property is situated in an established neighborhood with convenient access to local amenities and services.