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1 Watermill Pl 316Arlington, MA 02476

For Sale

$729,900

Smart Buyer Rebate $2,098

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.

Listed by Michael Fisher

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Realty Advisors

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413-348-3059

Last updated April 16, 2026

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Source: MLSPin #73499668

Listing Facts

  • TypeCondo
  • NeighborhoodArlington Heights
  • Bedrooms2
  • Bathrooms2
  • Days on Prevu21
  • HOA/Maint. Fees$706/month
  • Taxes$6,871/year
  • Size1,088 sqft
  • Price per sqft$671

Amenities

  • Dishwasher
  • Air Conditioning
  • Parking
  • Storage
  • Fitness Center

Location

Mortgage Calculator

Listing History

04/10/2026
Listed by Realty Advisors
$729,900

Property Details for 1 Watermill Pl 316

Association

Amenities

  • Association Amenities: Hot Water, Elevator(s), Fitness Center, Storage
  • Community Features: Public Transportation, Shopping, Walk/Jog Trails, Bike Path
  • Pets Allowed: No

Fees

  • Association Fee: $706.00 Monthly
  • Association Fee Includes: Water, Sewer, Insurance, Maintenance Grounds, Snow Removal

Exterior

Construction

  • Number Of Units Total: 130
  • Property Attached: Yes
  • Roof: Rubber
  • Stories: 1
  • Stories Total: 1
  • Structure Type: Mid-Rise
  • Year Built: 1988
  • Year Built Details: Actual
  • Building Name: Watermill Place
  • Common Walls: 2+ Common Walls
  • Construction Materials: Frame
  • Entry Level: 3

Measurements

  • Building Area Total: 1,088
  • Building Area Units: Square Feet
  • Lot Size Units: Acres

Financial

Taxes

  • Parcel Number: M:058.C B:0001 L:0316,323109
  • Tax Annual Amount: $6,871.00
  • Tax Assessed Value: $638,000.00
  • Tax Year: 2025

Interior

Features

  • Appliances: Range, Dishwasher, Disposal, Microwave, Refrigerator, Washer/Dryer, Range Hood
  • Flooring: Tile, Vinyl, Carpet

Measurements

  • Living Area: 1,088
  • Living Area Source: Public Record

Rooms

  • Basement: N
  • Bathrooms Full: 2
  • Bathrooms Total Integer: 2
  • Bedrooms Total: 2
  • Rooms Total: 4

Parking

Parking

  • Attached Garage: Yes
  • Covered Spaces: 1
  • Garage Spaces: 1
  • Garage: Yes
  • Parking Features: Under, Garage Door Opener, Assigned, Off Street, Guest
  • Parking Total: 1

Utilities

Equipment

  • Cooling: Central Air
  • Has Cooling: Yes
  • Heating: Forced Air, Heat Pump, Electric
  • Has Heating: Yes
  • Sewer: Public Sewer
  • Water Source: Public

Frequently Asked Questions

How many bedrooms and bathrooms does this condo have?

There are 2 bedrooms and 2 bathrooms in this condo at 1 Watermill Pl 316.

Does this condo have parking?

Yes, there is 1 parking space available for 1 Watermill Pl 316.

What are the annual taxes for 1 Watermill Pl 316?

Annual taxes for this condo are estimated at $6,871.

How does 1 Watermill Pl 316 compare to other condos in Arlington Heights?

This condo is listed 34% below the average price for condos in Arlington Heights and has been on the market for 10 more days than the typical home in this area.

What building or home owners association is the condo part of?

This condo is in the Watermill Place building.

What is the square footage on this condo?

According to the MLS, this listing is 1,088 sqft.

1 Watermill Pl 316 is a 2-bedroom, 2-bath condo for sale in Arlington MA 02476. Listed on Prevu for 21 days at $729,900. This home features 1,088 square feet of living space, located in Arlington Heights. The median listing price for condos in this area is $1,399,900. Property amenities include dishwasher, air conditioning, storage, fitness center, and parking. Browse more condo listings in Middlesex County.

The property listing data and information, or the Images, set forth herein were provided to MLS Property Information Network, Inc. from third party sources, including sellers, lessors, landlords and public records, and were compiled by MLS Property Information Network, Inc. The property listing data and information, and the Images, are for the personal, non commercial use of consumers having a good faith interest in purchasing, leasing or renting listed properties of the type displayed to them and may not be used for any purpose other than to identify prospective properties which such consumers may have a good faith interest in purchasing, leasing or renting. MLS Property Information Network, Inc. and its subscribers disclaim any and all representations and warranties as to the accuracy of the property listing data and information, or as to the accuracy of any of the Images, set forth herein.

Full MLS Disclaimers

Rebate estimate is indicative only and based on listing price and estimated buyer's agent commission paid by owner, if applicable. Final rebates are subject to Terms of Use and may vary due to final negotiated transaction terms.