1051 Peterson Rd. Decatur, AR 72722
1051 Peterson Rd. Decatur, AR 72722
Welcome to an extraordinary opportunity in Northwest Arkansas! This stunning 231-acre estate in Decatur, AR offers a rare blend of natural beauty, aviation functionality, and architectural history. With rolling pastures, mature timber, and lake frontage on serene Crystal Lake, the land alone is a showstopper. But it doesn’t stop there.
A private airport and 20,000 sq ft of hangar space make this property a dream for aviation enthusiasts or entrepreneurs. The main residence is a spacious 5,559 sq ft home featuring a pool, expansive decking, and move-in ready condition with potential for cosmetic updates to make it your own.
The second home, once the personal residence of Lloyd Peterson (founder of Peterson Farms), is a striking Fay Jones-style design, brimming with architectural potential. Though it needs a full interior refresh, the structure boasts a newer roof and HVAC system.
The third home is a cozy, lakefront ranch-style property that's been previously used as a successful Airbnb—perfect for guests, rental income, or a peaceful getaway.
Stretching from AR Hwy 59 to AR Hwy 102, this one-of-a-kind property offers endless potential for private use, development, retreat space, or legacy investment.
THE BIG HOUSE - Comfortable Luxury
5559 sq ft, 4 bedrooms, 3 full bathrooms, 2 half bathrooms, 2 living spaces, eat-in kitchen, formal dining room, HUGE laundry/mud room, 4 car garage, outdoor entertaining with in-ground pool and one of a kind views.
Nestled in the heart of this expansive 231-acre estate, The Big House offers 5,500 sq ft of spacious, comfortable living with endless potential. This sprawling home was built for entertaining and relaxing, with multiple living areas, generous bedrooms, and walls of windows that bring the outdoors in. Step outside to enjoy a sparkling pool, extensive decking, and wide-open views of the surrounding pastures and wooded hills.
While it’s move-in ready, a few cosmetic updates would easily elevate this home to a modern masterpiece. Whether you're hosting gatherings, enjoying quiet country nights under the stars, or simply soaking up the peaceful setting, The Big House provides the perfect blend of space, comfort, and opportunity.
ARCHITECTURAL GEM - A piece of NWA History
3203 sq ft, 4 bedrooms, 3 full bathrooms, 1 half bathroom, eat-in kitchen, formal dining room, see through native stone fireplace, family room with a built in rotisserie, sun room, 2 car garage, 2 car carport, and built-in pool.
Step into a piece of Northwest Arkansas history with this one-of-a-kind Fay Jones-style residence—originally the personal home of Lloyd Peterson, founder of Peterson Farms. Tucked into a quiet corner of the property, this architecturally inspired home is a true diamond in the rough, waiting to be brought back to life.
The design features classic mid-century modern elements: clean lines, natural materials, and intentional integration with the surrounding landscape. Though it hasn’t been lived in for some time, the home boasts a solid structure, a newer roof, and updated HVAC—providing a strong foundation for a full cosmetic renovation.
With vision and care, this remarkable home could become a showstopping retreat or historical homage, blending legacy with modern living.
THE LAKEHOUSE - Relaxed lakefront living
1368 sq ft, 3 bedrooms, 2 bathrooms, open concept kitchen, & 2 car garage
The Lake House offers laid-back living with direct access to the peaceful waters of Crystal Lake. This smaller, ranch-style home has been used successfully as a short-term rental, offering a warm and inviting space for guests or a private retreat of your own.
Simple and functional in layout, the home provides beautiful views of the water, open skies, and quick access to nature. Whether you're launching a kayak, enjoying morning coffee on the porch, or watching the sunset over the lake, this home captures the quiet charm of country living—without being far from the action.
Ideal as a guest house, Airbnb, or full-time lake escape, The Lake House is full of potential and perfectly placed to enjoy the beauty of the property.
brande@bhgre-journey.com
www.comehomenwa.com