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For sale
    • Price cut: $600K (3/16)
    $1,600,000

    456/458 E Chippewa River Rd, Midland, MI 48640

    3beds
    2,932sqft
    : 
    Single Family Residence
    Built in 1935
    142.95 Acres Lot
    $-- Zestimate®
    $546/sqft
    $-- HOA

    What's special

    For the first time ever, the historic Anderson/Arbury Farm is being offered for sale—an exceptional property rich in character, history, and opportunity. Situated on approximately 217 acres with an incredible 7,550 feet of frontage on the beautiful Chippewa River & 4950 ft of road frontage, this legacy estate features a Mid-Century Modern home with architectural renovations by Alden B. Dow. The main level of the home offers 1,782 sq ft of living space, complemented by an additional 1,150 sq ft in the finished, walk-out lower level. The home includes two fireplaces, two furnaces, and two AC units, generator, along with an attached two-car garage. Large windows provide stunning views of the river, creating a peaceful and inspiring setting. In addition to the main residence, the property includes a 25'x19' pool house and pool offering finished living space complete with a murphy bed, fireplace, and full bathroom—ideal for guests or entertaining. The estate also includes four impressive outbuildings with a variety of uses. Two large barns—measuring 160x60 ft and 95x40 ft—both feature cement floors and are fully insulated and heated. The 95x40 ft barn also includes a finished half bath. A third barn is attached to the original barn and features additional finished space (lift not included). Near the road, there is a 30x32 ft heated garage with a cement floor, providing even more storage. The land itself is a perfect blend of open farmland and natural riverfront. The farm fields are currently planted with soybeans and under lease until this fall, offering the potential for continued agricultural income or a new vision for the property. Whether you're seeking a private homestead, a working farm, a multi-generational compound, or a unique venue space, this one-of-a-kind property delivers space, history, and flexibility in a breathtaking setting. This is more than just a property—it’s a rare opportunity to own a piece of Mid-Michigan heritage with architectural distinction, versatile outbuildings, and one of the most scenic stretches of riverfront in Central Michigan.
    76 days
    |
    919
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    34
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    Zillow last checked: 7 hours ago

    Listing updated: March 16, 2026 at 05:43am

    Listed by:

    Bridget Sonntag 989-750-6204,

    Ayre/Rhinehart REALTORS 989-631-7000

    Source: MiRealSource,MLS#: 50197020MLS LogoOriginating MLS: Saginaw Board of REALTORS

    Tour with a local agent

      Facts & features

      Interior

      Bedrooms & bathrooms
      • Bedrooms: 3
      • Bathrooms: 3
      • Full bathrooms: 3
      Rooms
      • Room types: Den/Study/Lib, Entry, Family Room, Bedroom, Master Bedroom, Living Room, Laundry
      Primary bedroom
      • Level: First
      Bedroom 1
      • Features: Carpet
      • Level: First
      • Area: 440
      • Dimensions: 22 x 20
      Bedroom 2
      • Features: Carpet
      • Level: First
      • Area: 280
      • Dimensions: 20 x 14
      Bedroom 3
      • Level: Basement
      • Area: 100
      • Dimensions: 10 x 10
      Bathroom 1
      • Features: Ceramic
      • Level: First
      Bathroom 2
      • Features: Ceramic
      • Level: First
      Bathroom 3
      • Features: Ceramic
      • Level: First
      Family room
      • Area: 168
      • Dimensions: 14 x 12
      Kitchen
      • Level: Lower
      • Area: 119
      • Dimensions: 7 x 17
      Living room
      • Features: Carpet
      • Level: First
      • Width: 27
      Heating
      • Forced Air, Natural Gas
      Cooling
      • Central Air
      Appliances
      • Included: Bar Fridge, Dishwasher, Range/Oven, Refrigerator
      • Laundry: Lower Level
      Features
      • Flooring: Carpet, Ceramic Tile
      • Windows: Bay Window(s)
      • Basement: Partially Finished,Walk-Out Access
      • Number of fireplaces: 2
      • Fireplace features: Family Room, Natural Fireplace
      Interior area
      • Total structure area: 2,932
      • Total interior livable area: 2,932 sqft
      • Finished area above ground: 1,782
      • Finished area below ground: 1,150

      Property

      Parking
      • Total spaces: 2
      • Parking features: Attached
      • Attached garage spaces: 2
      Features
      • Levels: One
      • Stories: 1
      • Patio & porch: Patio
      • Exterior features: Lawn Sprinkler
      • Has private pool: Yes
      • Pool features: In Ground
      • On waterfront: Yes
      • Waterfront features: River Front, Waterfront
      • Frontage length: 7550
      Lot
      • Size: 142.95 Acres
      • Features: Large Lot - 65+ Ft., Rural, Farm, Splits Available
      Details
      • Additional structures: Barn(s), Garage(s), Guest House, Pole Barn
      • Parcel number: 04002810000000
      • Zoning description: Agricultural
      • Horse amenities: Hay Storage

      Construction

      Type & style
      • Home type: SingleFamily
      • Architectural style: Craftsman
      • Property subtype: Single Family Residence
      Materials
      • Wood Siding
      • Foundation: Basement
      Condition
      • Year built: 1935

      Utilities & green energy

      • Sewer: Septic Tank
      • Water: Public
      • Utilities for property: Cable Available, Electricity Connected, Natural Gas Connected, Water Connected

      Community & HOA

      Community
      • Subdivision: None
      HOA
      • Has HOA: No
      Location
      • Region: Midland

      Financial & listing details

      • Price per square foot: $546/sqft
      • Annual tax amount: $19,882
      • Date on market: 1/7/2026
      • Cumulative days on market: 160 days
      • Listing agreement: Exclusive Right To Sell
      • Listing terms: Cash,Conventional
      • Ownership type: LLC
      • Road surface type: Paved
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        Estimated market value

        Not available

        Estimated sales range

        Not available

        Not available

        Price history

        Price history
        DateEventPrice
        3/16/2026Price change$1,600,000-27.3%$546/sqft
        Source: MiRealSource #50197020 Report a problem
        3/5/2026Price change$2,200,000-4.3%$750/sqft
        Source: MiRealSource #50197020 Report a problem
        1/7/2026Listed for sale$2,300,000$784/sqft
        Source: MiRealSource #50197020 Report a problem

        Public tax history

        Public tax history
        Tax history is unavailable.

        BuyAbility℠ payment

        Est. payment
        $10,251/mo
        Principal & interest
        $8251
        Property taxes
        $2000
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          Climate risks

          Neighborhood: 48640

          Getting around

          0 / 100
          Car-Dependent
          22 / 100
          Somewhat Bikeable

          Nearby schools

          GreatSchools rating
          Schools provided by the listing agent
          • District: Midland Public Schools

          Source: MiRealSource. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.

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