Lloyd Ernest Peterson (October 3, 1912 – October 2, 2007) was born in Decatur, Arkansas, and went on to found Peterson Farms, Inc., one of the region’s most influential agricultural enterprises. Peterson began his work with poultry breeding in the late 1930s and became widely regarded as a pioneer in poultry genetics and integrated farming operations. Over decades, his leadership helped transform Decatur and Northwest Arkansas into prominent hubs of poultry production.

Peterson’s legacy extends beyond agriculture. Alongside other community leaders, he contributed to local civic improvements, including infrastructure and economic growth in Decatur. The home you see here was his personal residence and retains a strong connection to that story — making it more than just a home, but a piece of Northwest Arkansas heritage. 

While the Owner’s Home has been well cared for at the structural level, the interior would benefit from cosmetic updates — giving the next owner an opportunity to tailor the home’s finishes and styling to their own preferences. This flexibility, combined with the home’s size, setting, and historic character, creates significant potential for value enhancement. 

For buyers seeking a combination of historic significance, generous space, and lifestyle potential, the Owner’s Home at Crystal Lake Estates represents a rare opportunity in Northwest Arkansas. Showings are available by appointment only.