Cook pasta according to package directions. Cook al dente (about 1 minute less).
Make salad dressing: In a mason jar, whisk together basil pesto with Ranch dressing, honey, and freshly squeezed lime juice.
In a large bowl, combine cooked and drained pasta, corn, diced bell pepper, and chopped cooked bacon. Add in the arugula and mix to combine. Sprinkle finely chopped basil, and gently stir.
Pour the dressing over the pasta mixture and toss. Add black cracked pepper and serve. Garnish with a few small basil sprigs.