Peanut is an unincorporated community in eastern Franklin County, Arkansas, United States. The settlement is located on the south edge of the Mulberry River floodplain at the confluence with Clear Creek and approximately one-half mile from the Franklin-Johnson county line. The community is within the Ozark–St. Francis National Forest. Ozark lie…Peanut is an unincorporated community in eastern Franklin County, Arkansas, United States. The settlement is located on the south edge of the Mulberry River floodplain at the confluence with Clear Creek and approximately one-half mile from the Franklin-Johnson county line. The community is within the Ozark–St. Francis National Forest. Ozark lies approximately thirteen miles to the south-southwest. Arkansas Highway 215 passes on the north side of the river floodplain.
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