1 Watermill Pl # 121, Arlington MA 02476

Arlington, MA 02476
$695,000
Est. $4,972/month
Estimate assumptions

20% down, a 30-year loan at 6.5%, and $200/month estimated insurance.

Includes the supplied property-tax and HOA inputs; missing inputs contribute $0. HOA fees with an unspecified frequency are treated as monthly. PMI and closing costs are excluded.

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2
Beds
2
Baths
1,021
Sq Ft
$681
Price/Sq Ft
1988
Year Built
1
Garage Space
12 hours 15 minutes
Time on Market
For Sale Open House Listed Sep 24, 2026 • MLS# 73582233 Copied! • Updated Sep 24, 2026

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Open House Schedule

27
Sep
Sunday, September 27
10:00 AM - 11:30 AM EDT
25
Sep
Friday, September 25
11:00 AM - 12:30 PM EDT

About this home

Enjoy Watermill Place at its best with this inviting 2-bedroom, 2-full bath condominium offering a wonderful combination of convenience, with a terrific layout, location and beautifully maintained outdoor space. One of the highlights is the placement of this unit, with a large private balcony overlooking the landscaped garden, nearby babbling brook and, in the distance, the historic mill building — a lovely extension of the living space and an ideal spot for morning coffee, reading or relaxing outdoors. Inside, the bright and airy layout provides ease of living. The open living and dining area creates a natural gathering space, while the efficient kitchen keeps everything close at hand. The spacious primary bedroom features a large walk-in closet, private full bath and access to the private balcony. A second bedroom offers excellent flexibility for guests, a home office or den, and the second full bath includes a tub. Additional conveniences include in-unit laundry, deeded parking and a generous private storage area- located on the same floor as the residence! Watermill Place residents also enjoy a private fitness room, beautifully maintained common areas and direct access to the Minuteman Bikeway through a resident-only gate behind the building. With easy single level living, and move in ready space, you can relax and enjoy this low maintenance condominium and all that the Arlington lifestyle has to offer!

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Recently Sold Nearby

Property History

Market Insights

52.9%
Price Range
2
Previous Sales

Property Timeline

🏠
Listed for Sale
Sep 24, 2026
$695,000
Original listing
Agent: Steve McKenna & The Home Advantage Team Office: Gibson Sotheby's International Realty
Previous Transaction - MLS #72655811
Full transaction history available when tracking began
🏷️
Previously Sold
Sep 9, 2020
$535,000
MLS #72655811
Previous Transaction - MLS #71264372
Full transaction history available when tracking began
🏷️
Previously Sold
Sep 14, 2011
$327,000
MLS #71264372

Tax History

Year Taxes Assessment
2026 $6,694 $627,400

Financial Details

Annual Property Tax
$6,694
Tax Year 2026
HOA Fee
$700
Monthly
Assessed Value
$627,400

Facts & Features

1 Car Garage
Central AC

Home Facts

Type Residential
Style Condominium
Year Built 1988
Living Area 1,021 sq ft
Stories 1
Bedrooms 2
Full Baths 2
Total Rooms 5

Interior

Heating Heat Pump, Electric, Unit Control
Cooling Central Air, Heat Pump, Unit Control
Flooring Tile, Laminate
Appliances Range, Dishwasher, Disposal, Refrigerator, Washer, Dryer
Fireplace None
Basement Y
Laundry First Floor, In Unit, Electric Dryer Hookup, Washer Hookup
Features Elevator

Exterior

Construction None
Architecture None
Roof Rubber
Features Balcony
Pool None
Spa None
Fencing None
Patio/Porch None
Garage Spaces 1
Has Garage Yes
Features Under, Garage Door Opener, Deeded, Off Street
Total Spaces 1
Electric Circuit Breakers
Water Public
Sewer Public Sewer
Gas None
Other For Gas Range, For Electric Dryer, Washer Hookup
Annual Tax $6,694
Assessed Value $627,400

HOA & Community

HOA Fee $700 Monthly
Fee Includes Water, Sewer, Insurance, Maintenance Grounds, Snow Removal, Trash, Reserve Funds
Amenities Elevator(s), Fitness Center, Garden Area
Optional Fee Includes None
Pets No
Lead Paint None
Seller Disclosures Parking Space #173 In Garage.
Exclusions Personal Belongings.
Possession None
Accepted Financing None
Structure Type ["Mid-Rise"]
Unit/Building 121
Sq Ft Source Public Record
Sq Ft Disclosures Square footage is per Master Deed
Documents Master Deed, Unit Deed, Rules & Regs (3)
County Middlesex

Property Overview

Property Type
Condominium
Listing Type
For Sale
Year Built
1988
Bedrooms
2
Full Bathrooms
2
Living Area
1,021 sq ft
Total Rooms
5
Stories
1
Entry Level
1

Floor Layout

Interior Features

Flooring: Tile, Laminate
Appliances: Range, Dishwasher, Disposal, Refrigerator, Washer, Dryer
Interior Features: Elevator
Windows: Insulated Windows
Basement: Y
Laundry: First Floor, In Unit, Electric Dryer Hookup, Washer Hookup
Security: Intercom

Construction & Materials

Year Built: 1988
Effective Year (Renovated): 1988
Structure Type: Mid-Rise
Exterior Materials:
Roof: Rubber
Foundation:
Stories: 1

Heating, Cooling & Utilities

Heating: Heat Pump, Electric, Unit Control
Heating Zones: 1
Cooling: Central Air, Heat Pump, Unit Control
Cooling Zones: 1
Hot Water:
Water Source: Public
Sewer: Public Sewer
Energy Features:

Exterior & Lot

Exterior Features: Balcony
Patio & Porch:
Fencing:
Other Structures:
Lot Features:
Road Surface:

Parking & Garage

Garage Spaces: 1
Garage Type: Attached
Total Parking Spaces: 1
Parking Features: Under, Garage Door Opener, Deeded, Off Street
School District
Arlington School District local
A+
✓ School Safety 2024-25
0.5% Low
0.4% Suspensions 0.2% In-School 0.1% Emergency
↓ 5.0% below state avg
E

Elementary Schools

10 schools
St. Agnes Elementary School
1.7 mi
Grades K-08
Lesley Ellis School
2.3 mi
Grades PK-07
Arlington Heights Nursery School
0.2 mi
Grades PK
A+
Peirce School
0.3 mi | #49 of 825 | Score: 62.4
Dropped 15 spots from last year
+4.2 above state avg
327 students Diverse
Diverse Student Body Strong Attendance
Grades K-05
A-
M. Norcross Stratton Elementary School
0.7 mi | #186 of 825 | Score: 55.7
Dropped 44 spots from last year
-2.5 below state avg
423 students Diverse
Diverse Student Body Strong Attendance
Grades K-05
A+
Cyrus E Dallin School
0.7 mi | #38 of 825 | Score: 63.1
Improved 182 spots from last year
+4.9 above state avg
373 students Diverse
Rising School Strong Attendance
Grades K-05
A
Brackett School
0.9 mi | #119 of 825 | Score: 58.2
Dropped 6 spots from last year
+0 above state avg
380 students Diverse
Strong Attendance
Grades K-05
A+
John A Bishop School
1.3 mi | #54 of 825 | Score: 62.2
Improved 8 spots from last year
+4 above state avg
376 students Moderate
Strong Attendance
Grades K-05
Arlington Children's Center
1.4 mi
Grades PK-K
Menotomy Preschool
1.4 mi
79 students Very Diverse
Diverse Student Body
Grades PK
M

Middle Schools

2 schools
A+
Ottoson Middle School
0.3 mi | #4 of 352 | Score: 65.7
Improved 13 spots from last year
+7.5 above state avg
977 students Diverse
Strong Attendance
Grades 07-08
A+
Gibbs School
2.0 mi | #32 of 352 | Score: 59.9
Improved 7 spots from last year
+1.7 above state avg
480 students Diverse
Strong Attendance
Grades 06
H

High Schools

1 school
Arlington Catholic High School
1.6 mi
17 sports • 1,412 athletes
Strong Athletics
Grades 09-12
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Down: $0
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Monthly Payment Breakdown

Principal & Interest $0
Property Tax $558
Homeowners Insurance $200
HOA Fee $700/mo
PMI (if <20% down) $0

Loan Summary

Total of 360 payments $0
Total principal paid $0
Total interest paid $0

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Payment Over Time

Interest
Principal
Year 1
95% Interest
Year 15
50/50
Year 30
95% Principal
* Estimates only. Actual payments may vary. Consult with a lender for accurate figures.

Location

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Neighborhood

1 Watermill Pl # 121, Arlington MA 02476

Arlington, MA 02476

Listing Information

Listing Agent Steve McKenna & The Home Advantage Team
Listing Office Gibson Sotheby's International Realty
Office Phone 781-648-3500
Agent MLS ID TM336360
Office MLS ID AN6101
Listing Data Updated Sep 24, 2026 12:12 PM EDT
Listing information is deemed reliable but not guaranteed. Data provided by MLS Property Information Network, Inc. All information should be independently verified.

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