




456/458 E Chippewa River Rd, Midland, MI, 48640
About This Home
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 78.56 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). 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.
Getting Around
Schools
Construction
Condition
- Year built: 1935
Materials
- Foundation: Basement
- Construction materials: Wood Siding
Type & Style
- Home type: SingleFamily
- Architectural style: Craftsman
- Property subType: Single Family Residence
Interior
Appliances
- Appliances included: Bar Fridge,Dishwasher,Range/Oven,Refrigerator
- Laundry features: Lower Level
Basement
- Has basement: Yes
- Basement: Partially Finished,Walk-Out Access
Bathroom1
- Features: Ceramic
- Level: First
Bathroom2
- Features: Ceramic
- Level: First
Bathroom3
- Features: Ceramic
- Level: First
Bedroom1
- Features: Carpet
- Level: First
- Area: 440
Bedroom2
- Features: Carpet
- Level: First
- Area: 280
Bedroom3
- Level: Basement
- Area: 100
Bedrooms & Bathrooms
- Bedrooms: 3
- Bathrooms: 3
- Full bathrooms: 3
Family Room
- Area: 168
Features
- Window features: Bay Window(s)
- Flooring: Carpet,Ceramic Tile
- Number of fireplaces: 2
- Fireplace features: Family Room,Natural Fireplace
- Fireplace: Yes
- Finished area below ground: 1,150
- Finished area above ground: 1,782
Heating & Cooling
- Heating features: Forced Air,Natural Gas
- Cooling features: Central Air
Interior Area
- Total structure area: 2,932
- Total interior livable area: 2,932 sqft
Kitchen
- Level: Lower
- Area: 119
Living Room
- Features: Carpet
- Level: First
Master Bedroom
- Level: First
Property
Details
- Parcel number: 04002810000000
- Zoning description: Agricultural
- Horse amenities: Hay Storage
Features
- Levels: One
- Stories: 1
- Private pool: Yes
- Pool features: In Ground
- Patio & porch: Patio
- Exterior features: Lawn Sprinkler
- On waterfront: Yes
- Waterfront features: River Front,Waterfront
- Frontage length: 7550
Lot
- Lot size: 78.56 Acres
- Features: Large Lot - 65+ Ft.,Rural,Farm,Splits Available
- Lot size dimensions: irregular
Parking
- Total spaces: 2
- Parking features: Attached
- Has garage: Yes
- Attached garage spaces: 2
- Covered spaces: 2
Climate Risk is Financial Risk
Every home has a financial story beyond the listing price. Below, you’ll see the climate risks that could affect this property — and in Bills & Affordability, how those risks may influence repairs, insurance, utilities, and long-term value.
Biggest Threats for This Home
- Strong Wind
- Winter Weather
- Cold Wave
- Inland Flooding
- Tornado
- Hail
- Lightning
How This Home’s Risks Compare
FEMA Declared Disasters in Midland County and Michigan
Understanding the Costs
Financial advisors generally recommend spending no more than 30% of your gross household income on housing costs. In practice, many households stretch to 35% or beyond — especially in high-cost markets.
Estimated Costs Today
| Monthly | Annual | |
|---|---|---|
| Mortgage | $4,019 | $48,228 |
| Home Insurance * | $427 | $5,124 |
| Property Taxes | $920 | $11,040 |
| Electricity | $319 | $3,837 |
| Total | $5,685 | $68,220 |
Income You'd Need if You Spent...
Michigan FAIR Plan Programs
How Costs Could Change Over Time
Climate risk is quickly impacting all of the major home ownership costs. Adjust the growth rates and percentage of income spent on housing below to see how your housing costs could change over the next 10 years — and what income you'd need to keep up.
Comparing Against the Market
Price Per Sq Ft
vs Other Active Listings
Avg $/sqft
vs Homes Sold Last Month
Median $/sqft
Current Market Trends
Median Price Per Square Foot
The median price per square foot of homes sold in this area each month. Compare this to this listing's price per square foot to gauge whether the home is priced in line with recent sales.
Historicals for This Listing
Zestimate History ($/sqft)
No zestimate history available
Price History
| Date | Event | Price |
|---|---|---|
| 2026-08-07 | Contingent | $795,000 |
| 2026-08-01 | Price change | $795,000 |
| 2026-07-29 | Price change | $995,000 |
| 2026-07-15 | Listed for sale | $1,075,000 |
| 2026-06-23 | Contingent | $1,075,000 |
| 2026-06-01 | Price change | $1,075,000 |
| 2026-05-26 | Price change | $1,300,000 |
| 2026-05-11 | Pending sale | $1,600,000 |
| 2026-03-16 | Price change | $1,600,000 |
| 2026-03-05 | Price change | $2,200,000 |
| 2026-01-07 | Listed for sale | $2,300,000 |
