A new peanut(Arachis hypogaea ssp. fastigiata L.) variety “Danwon(Milyang51)” with short stem length and lodging resistance was developed at the Department of Functional Crop, NICS, in Miryang in 2013. This variety was developed from the crossing line between cultivar “YG 75” with large grain and fewer branch number and “SP9617” with short stem length. “Danwon” which is Shinpung plant type has 32cm of main stem length and 13 branch number per plant. Each pod has two grains with long ellipse shape of brown testa and yield components is composed of 40 mature pods of per plant, 91g of 100-seed weight, 77% of pod shelling ratio in the regional yield trials(RYT). Seed quality show 48.7% of crude oil and 26.9% of protein content. “Danwon” has resistance to lodging in even double dense planting without yield reduction. This is more resistant to early and late leaf spot, web blotch and stem rot, compared with check variety “Daekwang”. In the regional yield trials “Danwon” outyielded check variety by 6% with 4.52 MT/ha for kernel.