Active
5 Days on market
138 Forest St Watertown — Photo 1 of 13

138 Forest St Watertown — Photo 1 of 13

$750,000

138 Forest St, Watertown, MA 02472

Watertown, MA 02472

Beds

3

Baths

1.5

SqFt

1,304

Style

Single Family

Built

1920

Great opportunity to own this 3-bedroom, 1.5-bath home perfectly situated in a desirable central Watertown neighborhood. Offering a traditional layout, generous outdoor space, and plenty of potential, this property is an ideal opportunity to make it your own and create the home you’ve been looking for. The 1st floor features a welcoming living room w/ a fireplace and hardwood floors, along w/ a spacious dining room w/ hardwood flooring that flows naturally into the kitchen. An additional office provides flexible space for working from home, a study, or a playroom, while a convenient half bath completes the 1st floor. Upstairs, you’ll find 3 bright corner bedrooms, each offering good natural light, along w/ a full bathroom. The lower level provides excellent potential for additional finished living space and includes a walkout to the large backyard, offering plenty of room for outdoor entertaining, gardening, play, or simply enjoying the space. The location is hard to beat just around the corner from the newly renovated Lowell Elementary School and minutes from Watertown’s new net-zero high school. Enjoy easy access to Waverley Square and the commuter rail, Arsenal Yards, Watertown Square, Cambridge, and Boston, w/ convenient access to major transportation routes. A wonderful opportunity to put your own stamp on a home in a highly desirable Watertown location.

Key facts

It was listed on September 28, 2026. The annual property taxes are $9,016 (2026 tax year). It sits on a 0.11-acre (4,991 sq ft) lot.

Market Value Analysis

This Property
Size (SqFt) →Price →
This Property$575/sqft
Local Avg (Watertown)$549/sqft
5% AboveMarket Average

* Analysis is based on 23 actively listed and recently sold comparable properties strictly within Watertown, MA.

Property Details

Financials

Original Price$750,000
Annual Taxes$9,016

Parking

Garage0
Off-Street2

Interior Specifications

Total Rooms8
Fireplaces1
FlooringFlooring - Hardwood, Laminate
BasementFull, Walk-Out Access, Unfinished

Climate & Utilities

HeatingSteam, Oil
CoolingCentral Air
WaterPublic
SewerPublic Sewer

Building & Exterior

Construction--
RoofShingle
FoundationConcrete Perimeter
ZoningT

Property & Lot

Acres0.11
SqFt Lot4,991
Lot Features--

Amenities & Appliances

Range • Dishwasher • Refrigerator • Washer • Dryer

Neighborhood

Public Transportation • Park • Walk/Jog Trails • Bike Path • Conservation Area

Geography

Floorplan Breakdown

Structural Layout

Second
Primary BedroomBedroom 2Bedroom 3Bathroom 2
First
Living RoomDining RoomKitchenOfficeBathroom 1
Living Room
Lvl First

11 x 17

Flooring - Hardwood

Dining Room
Lvl First

11 x 12

Flooring - Hardwood

Kitchen
Lvl First

11 x 13

Flooring - Vinyl

Office
Lvl First

6 x 6

Flooring - Hardwood

Primary Bedroom
Lvl Second

11 x 12

Flooring - Wall to Wall Carpet

Bedroom 2
Lvl Second

9 x 13

Bedroom 3
Lvl Second

9 x 11

Flooring - Wall to Wall Carpet

Bathroom 1
Lvl First

4 x 5

Bathroom - Half, Flooring - Stone/Ceramic Tile

Bathroom 2
Lvl Second

7 x 7

Bathroom - Full, Flooring - Stone/Ceramic Tile

Questions about this home

When was 138 Forest St, Watertown listed?

138 Forest St, Watertown was listed on September 28, 2026.

Has the price of 138 Forest St, Watertown changed?

The price hasn't changed since it was listed at $750,000.

What are the property taxes for 138 Forest St, Watertown?

The annual property taxes for 138 Forest St, Watertown are $9,016 (2026 tax year).

How big is the lot at 138 Forest St, Watertown?

138 Forest St, Watertown sits on a 0.11-acre (4,991 sq ft) lot.

What is the status of 138 Forest St, Watertown?

138 Forest St, Watertown is actively listed for sale.

Population

35,620

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

Median Household Income

$126K

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

Renter-Occupied Homes

52.3%

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)

ADU Potential

Massachusetts allows one accessory dwelling unit by right in single-family zoning districts statewide (M.G.L. c. 40A §3; 760 CMR 71.00, effective Feb 2025). Estimated maximum ADU size for this property: 652 sq ft (the lesser of 900 sq ft or half the 1,304 sq ft principal dwelling). Lot size: 4,991 sq ft.

Based on listing data, which indicates the property type — not the zoning district. Local dimensional, septic (Title 5), and historic-district requirements still apply. Not legal advice — verify with the municipality.

Listing Provided By

Listing Agent: Bob Airasian

Listing Office: Coldwell Banker Realty - Belmont

MLS® Number: 73583476