
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
* Analysis is based on 23 actively listed and recently sold comparable properties strictly within Watertown, MA.
Property Details
Financials
Parking
Interior Specifications
Climate & Utilities
Building & Exterior
Property & Lot
Amenities & Appliances
Range • Dishwasher • Refrigerator • Washer • Dryer
Neighborhood
Public Transportation • Park • Walk/Jog Trails • Bike Path • Conservation Area
Geography
Floorplan Breakdown
Structural Layout
Living Room
Lvl First11 x 17
Flooring - Hardwood
Dining Room
Lvl First11 x 12
Flooring - Hardwood
Kitchen
Lvl First11 x 13
Flooring - Vinyl
Office
Lvl First6 x 6
Flooring - Hardwood
Primary Bedroom
Lvl Second11 x 12
Flooring - Wall to Wall Carpet
Bedroom 2
Lvl Second9 x 13
Bedroom 3
Lvl Second9 x 11
Flooring - Wall to Wall Carpet
Bathroom 1
Lvl First4 x 5
Bathroom - Half, Flooring - Stone/Ceramic Tile
Bathroom 2
Lvl Second7 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 Agent: Bob Airasian
Listing Office: Coldwell Banker Realty - Belmont
MLS® Number: 73583476









