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1051 Peterson Ave, Decatur, AR, 72722

$6,900,000

11 Bedrooms
8 Full Baths, 3 Partial
31,261 SqFt
$221/SqFt
House

Location

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Property Highlights

Home TypeSingle Family Residence
ParkingGarage, Asphalt, Garage Door Opener, RV Access/Parking
HeatingCentral, Other
CoolingCentral Air
WaterfrontLake Front
FireplaceFamily Room, Multi-Sided, Wood Burning
ViewLake
Private PoolYes
MLS #1286620
Lot Size231.00 Acres
StatusActive

About 1051 Peterson Ave

Own a slice of heaven and history of Northwest Arkansas. The Peterson Farms property can be yours. And along with it comes 3 homes, a barn, an airport, and 231 beautiful rolling hills of land. This property has so much to offer. First of all - and especially if you're a pilot - you get a private airport that has a paved runway with 21,000 sq ft of hangar store and office space along with 5 working fuel tanks for Avgas and Diesel fuel. If that's not enough you're lake front on the quaint and serene Crystal Lake. There are 3 homes on the property and each of the homes have new HVAC and new roofs. The homes each have electric, internet, natural gas, city water, and septic. All of this on 231 acres of beautiful Arkansas countryside of which you will find tons of wild life. If it's recreation you're in to there's plenty of land for hunting or off roading. There are separate pastures fenced off with live water as well if you have livestock. This property truly is a beauty. Call today for you private showing!

Property Details

Property Features

Property Information:

  • Stories: 3
  • Living Area: 31,261 SqFt

Listing Office:

  • Office Name: Better Homes and Gardens Real Estate Journey Bento
  • Office Phone: (479) 319-3737

Interior Features

Interior Information:

  • Appliances: Range, Oven, Double Oven, Dishwasher, Electric Cooktop, Electric Range, Disposal, Gas Water Heater, Microwave, Plumbed For Ice Maker
  • Basement: No
  • Flooring Type: Carpet, Ceramic Tile, Laminate, Marble
  • Interior: Attic, Wet Bar, Built-in Features, Ceiling Fan(s), Cathedral Ceiling(s), Eat-in Kitchen, Intercom, Pantry, Programmable Thermostat, Split Bedrooms, See Remarks, Solid Surface Counters, Walk-In Closet(s)
  • Fireplace: Family Room, Multi-Sided, Wood Burning

Bedroom and Bathroom Information:

  • Partial Bathrooms: 3
  • Full Bathrooms: 8
  • Total Bedroom Count: 11

Exterior Features

Exterior Information:

  • Private Pool: Yes
  • Waterfront: Lake Front
  • View: Lake

Parking Information:

  • Parking: Garage, Asphalt, Garage Door Opener, RV Access/Parking

Lot Features

Lot Information:

  • Lot: City Lot, Trees, Landscaped, Open Lot, Other, Rolling/Hilly, Rural Area, Sloped, Split Possible, See Remarks, Views, Wooded
  • Lot Size: 231.00 Acres

Utilities

Utilities Information:

  • Heating: Central, Other
  • Cooling: Central Air

School Info

Assigned Schools Information:

  • Decatur High School, Public District Grades 7-12
  • Decatur Northside Elementary School, Public District Grades PK-6

Other

Directions Information:

  • Directions: AR Hwy 102 towards Decatur, AR - right on AR Hwy 59 - right at Crystal Lake Public Park This property sits off Crystal Lake Public Park. You must enter from the park. Do not take the directions off hwy 102 - it takes you through someone else's property.

Price Information

Listing Price Info

Price Summary:

  • List Price: $6,900,000
  • Price Per SqFt: $221/SqFt
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Housing Market Comparison

See how this home compares to others in Decatur, AR.

Med. Sold Price

$175K

Med. Price/SqFt

$144

Avg. Days On Market

92

# of Sold Homes

1

1051 Peterson Ave vs Decatur

52 DAYS ON ROCKET

-40 Days

$6,900,000

+$6.7M More

$221/SqFt

+$77 More

KEY TAKEAWAY

This property is $6.7M more than the Median Sold Price and $77/SqFt more than other homes in Decatur, AR.

Based on homes sold in October 2024

MLS Details

MLS Information:

  • MLS Name: ARKMLS
  • MLS Number: #1286620

Listing Office:

  • Office Name: Better Homes and Gardens Real Estate Journey Bento
  • Office Phone: (479) 319-3737

Broker Reciprocity Disclaimer: IDX information is provided exclusively for consumers’ personal, non-commercial use, that it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing, and that the data is deemed reliable but is not guaranteed accurate by the MLS. Copyright © 2024 Northwest Arkansas Board of Realtors All rights reserved.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 11/5/2024, 5:20:50 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Property Sales & Tax

We're sorry, we currently don't have sales or tax history data for this listing.

Payment Calculator

$34.5K

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$20.7K

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Schools

Schools Nearby

The school rating is a score out of 10, where 10 is the highest and 1 is the lowest. Assigned schools have a bold outline.

Elementary School

school-card-donut-1941342
5
/10
  • Decatur Northside Elementary School

  • 9083 Mount Olive Rd

  • 1.55 miles

  • Public District Grades PK-6

High School

school-card-donut-1941343
5
/10
  • Decatur High School

  • 1498 Stadium Ave

  • 0.63 miles

  • Public District Grades 7-12

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $83,088. Typical income of Decatur, AR residents is between $35k-100k annually. The most common type of family is married, no kids. Typical level of education for residents in this area is high school diploma.

All data provided by Home Junction and Claritas

Frequently Asked Questions About 1051 Peterson Ave

What is the listing price of this property?

The listing price of 1051 Peterson Ave property is $6,900,000.

What type of property is this?

The property 1051 Peterson Ave is a house located in Decatur, Arkansas, 72722.

Is this property for sale now?

Active Listing: 1051 Peterson Ave is For Sale (Active/New) which means the seller is accepting offers.

What are the assigned schools for this property?

The assigned schools for 1051 Peterson Ave are:
Decatur Northside Elementary School: GreatSchools Rating 5/10
Decatur High School: GreatSchools Rating 5/10

How many bedrooms and bathrooms does this property have?

The property at 1051 Peterson Ave has 11 bedrooms and 8 full and 3 half bathrooms.

What is the square footage of this property?

The property 1051 Peterson Ave is 31,261 SqFt (source: MLS/tax record).
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Rocket HomesArkansasBenton CountyDecatur727221051 Peterson Ave

This home is located at 1051 Peterson Ave in Decatur, AR and zip code 72722. This 31,261 square foot home sits on a 231.00 acre lot. Features: 11 bedrooms, 11 bathrooms. It has been listed on Rocket Homes since September 13, 2024 and is currently priced at $6,900,000.

In October 2024, from all listings sold in Decatur, AR there were more than 0 sold above asking price, over 1 sold below and more than 0 were sold right at the asked price. In October 2024 median list price was $175,000 and the average listing age was 92 days.

From Rocket Homes Real Estate and based on county public records data.

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