Active
176 Days on market
1 Watermill Pl #316 Arlington — Photo 1 of 38

1 Watermill Pl #316 Arlington — Photo 1 of 38

Recent Drop: $4,900

$699,900
$695,000

$695,000

1 Watermill Pl #316, Arlington, MA 02476

Arlington, MA 02476 — Arlington Heights

Beds

2

Baths

2

SqFt

1,088

Style

Condominium

Built

1988

Rare offering of a sun filled unit on the westerly side of Watermill Place with a bay window offering views of a tree lined landscaped buffer. Impeccably maintained 3rd floor unit with high quality finishes. The owner completed a full kitchen renovation in 2008 with high end cabinets, appliances, and counter tops. Both bathrooms were renovated in 2012 by Custom Contracting. Watermill Place is a meticulously maintained building with top quality materials and recent capital upgrades including a roof replacement (2015), new windows, exterior envelope, unit doors (2020), paving and garage waterproofing (2024). Conveniently located within walking distance to E. Arlington Center and adjacent to Minuteman Bikeway and historic Old Schwamb Mill. Fitness room with recently purchased equipment. A parking space is included. Open House Saturday 4/11 from 11am-1pm.

Key facts

It was listed on April 10, 2026. The price has come down from an original $729,900 to $695,000 across 3 changes, most recently on September 2, 2026. The annual property taxes are $6,871 (2025 tax year). The condo fee is $706 per month, which includes water.

Immersive Experience

Market Value Analysis

This Property
Size (SqFt) →Price →
This Property$639/sqft
Local Avg (Arlington)$602/sqft
6% AboveMarket Average

* Analysis is based on 24 actively listed and recently sold comparable properties strictly within Arlington, MA.

Property Details

Financials

Original Price$729,900
Annual Taxes$6,871
HOA Fee$706

Parking

Garage1
Off-Street1

Interior Specifications

Total Rooms4
FireplacesNone
FlooringTile, Vinyl, Carpet
BasementN

Climate & Utilities

HeatingForced Air, Heat Pump, Electric
CoolingCentral Air
WaterPublic
SewerPublic Sewer

Building & Exterior

ConstructionFrame
RoofRubber
Foundation--
ZoningR7

Property & Lot

Acres--
SqFt Lot--
Lot Features--

Amenities & Appliances

Range • Dishwasher • Disposal • Microwave • Refrigerator • Washer/Dryer • Range Hood

Neighborhood

Public Transportation • Shopping • Walk/Jog Trails • Bike Path

Geography

Property History

Price Drop
$695,000

Was $699,900

Sep 2, 2026

MLS® 73499668

Price Drop
$699,900

Was $719,000

Jun 4, 2026

MLS® 73499668

Price Drop
$719,000

Was $729,900

May 4, 2026

MLS® 73499668

Listed
$729,900

Apr 10, 2026

MLS® 73499668

Questions about this home

When was 1 Watermill Pl #316, Arlington listed?

1 Watermill Pl #316, Arlington was listed on April 10, 2026.

Has the price of 1 Watermill Pl #316, Arlington changed?

The price has come down from an original $729,900 to $695,000 across 3 changes, most recently on September 2, 2026.

What are the property taxes for 1 Watermill Pl #316, Arlington?

The annual property taxes for 1 Watermill Pl #316, Arlington are $6,871 (2025 tax year).

What is the condo fee at 1 Watermill Pl #316, Arlington?

The condo fee is $706 per month, which includes water.

What is the status of 1 Watermill Pl #316, Arlington?

1 Watermill Pl #316, Arlington is actively listed for sale.

Population

17,708

U.S. Census Bureau, ACS 2024 5-Year Estimates (B01003)

Median Household Income

$151K

U.S. Census Bureau, ACS 2024 5-Year Estimates (B19013)

Renter-Occupied Homes

37.7%

U.S. Census Bureau, ACS 2024 5-Year Estimates (B25003)

New Construction Permits — Middlesex County

2,698 housing units permitted in the last 12 months (+3% vs the prior 12 months) — 1,713 in 5+ unit buildings

U.S. Census Bureau, Building Permits Survey (through Jul '26)

Listing Provided By

Listing Agent: Michael Fisher

Listing Office: Realty Advisors

MLS® Number: 73499668