1051 Peterson RD, Decatur, AR 72722

Own your very own PRIVATE AIRPORT with 231 beautiful acres of Arkansas countryside and 3 homes. Airport includes 21,000 sq ft of hangar space, 5 operational fuel tanks, and 3/4 mile PAVED runway. The revenue potential of this property is untapped. Possible large scale development for fly-in community with custom homes, estate lots, and lakefront homes. Currently the property has 3 existing homes and barn. The BIG HOUSE sits on 5 acres and is 5559 sq ft with 4 bedrooms, 3 full bathrooms, 2 half bathrooms, 2 living spaces, HUGE laundry/mud room, 4 car garage, outdoor entertaining with in-ground pool and one of a kind views. Lloyd's house sits on 3.5 acres and is 3203 sq ft. This home is ready for your personal touch with 4 bedrooms and 3.5 bathrooms, see-through native stone fireplace, family room with a built in rotisserie, 2 car garage, 2 car carport, and in-ground pool. The LAKEFRONT HOME is 1368 sq ft with 3 bedrooms, 2 bathrooms, open concept kitchen, & 2 car garage and would be a great short term rental.