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1 Watermill Place 516Arlington, MA 02476

For Sale

$489,000

Smart Buyer Rebate - Ask

Welcome to this bright and inviting top-floor home at Watermill Place, one of Arlington's great condo communities. Filled with natural light from beautiful greenhouse-style windows, this spacious one-bedroom unit offers an airy, comfortable feel throughout. The open living and dining area flows seamlessly into an efficient kitchen, creating a layout that is both practical and welcoming. Features include in-unit laundry, a newer heating and air conditioning system, a generous primary bedroom with double closets and custom closet systems, and a full bath with a convenient step-in shower. A separate half bath provides added comfort for guests and extra storage. This well-maintained unit includes carport parking and a sizable private storage area on the same floor. Outside, beautifully landscaped gardens and lovely seating areas offer a place to relax in nature. An ideal full-time residence or convenient pied-à-terre, this home combines sunny comfort, convenience and easy living!

Listed by Anne Marie Kelly

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Gibson Sotheby's International Realty

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617-922-4183

Listed by Steve McKenna & The Home Advantage Team

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Gibson Sotheby's International Realty

Last updated June 15, 2026

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Source: MLSPin #73534443

Listing Facts

  • TypeCondo
  • NeighborhoodArlington Heights
  • Bedrooms1
  • Bathrooms2
  • Days on Prevu4
  • HOA/Maint. Fees$525/month
  • Taxes$4,857/year
  • Size703 sqft
  • Price per sqft$696

Amenities

  • Private Outdoor Space
  • Washer/Dryer
  • Air Conditioning
  • Elevator
  • Parking
  • Fitness Center

Location

Mortgage Calculator

Listing History

06/11/2026
Listed by Gibson Sotheby's International Realty
$489,000

Property Details for 1 Watermill Place 516

Association

Amenities

  • Association Amenities: Elevator(s), Fitness Center
  • Community Features: Public Transportation, Shopping, Park, Bike Path
  • Pets Allowed: No

Fees

  • Association Fee: $525.00 Monthly
  • Association Fee Includes: Water, Sewer, Insurance, Maintenance Structure, Maintenance Grounds, Trash, Reserve Funds

Exterior

Construction

  • Number Of Units Total: 130
  • Stories: 1
  • Stories Total: 1
  • Structure Type: Low-Rise
  • Window Features: Insulated Windows
  • Year Built: 1988
  • Year Built Details: Actual
  • Construction Materials: Brick
  • Entry Level: 5
  • Exterior Features: Patio, Garden, Professional Landscaping

Features

  • Patio And Porch Features: Patio

Measurements

  • Building Area Total: 703
  • Building Area Units: Square Feet
  • Lot Size Units: Acres

Financial

Taxes

  • Parcel Number: 323002
  • Tax Annual Amount: $4,857.00
  • Tax Assessed Value: $450,000.00
  • Tax Year: 2026

Interior

Features

  • Appliances: Range, Disposal, Microwave, Refrigerator, Washer, Dryer
  • Flooring: Tile, Wood Laminate
  • Interior Features: Elevator

Measurements

  • Living Area: 703
  • Living Area Source: Public Record

Rooms

  • Basement: N
  • Bathrooms Full: 1
  • Bathrooms Half: 1
  • Bathrooms Total Integer: 2
  • Bedrooms Total: 1
  • Rooms Total: 3

Other

Environmental

  • Green Energy Efficient: Thermostat

General

  • Exclusions: Personal Belongings.

Parking

Parking

  • Carport: Yes
  • Covered Spaces: 1
  • Garage Spaces: 1
  • Garage: Yes
  • Parking Features: Carport, Deeded, Off Street
  • Parking Total: 1

Schools

Elementary School

  • Elementary School: Peirce

High School

  • High School: Ahs

Middle or Junior School

  • Middle Or Junior School: Gibbs/Ottoson

Utilities

Equipment

  • Cooling: Central Air, Heat Pump, Unit Control
  • Has Cooling: Yes
  • Electric: Circuit Breakers
  • Heating: Forced Air, Heat Pump, Electric, Unit Control
  • Has Heating: Yes
  • Laundry Features: First Floor, In Unit, Electric Dryer Hookup, Washer Hookup
  • Other Equipment: Intercom
  • Sewer: Public Sewer
  • Utilities: For Electric Range, For Electric Oven, For Electric Dryer, Washer Hookup
  • Water Source: Public

Frequently Asked Questions

How many bedrooms and bathrooms does this condo have?

There is 1 bedroom and 2 bathrooms in this condo at 1 Watermill Place 516.

What schools are nearby to 1 Watermill Place 516?

Nearby schools include the Peirce Elementary School, Gibbs/Ottoson Middle School, and Ahs High School.

Does this condo have parking?

Yes, there is 1 parking space available for 1 Watermill Place 516.

What are the annual taxes for 1 Watermill Place 516?

Annual taxes for this condo are estimated at $4,857.

How does 1 Watermill Place 516 compare to other condos in Arlington Heights?

This condo is listed 56% below the average price for condos in Arlington Heights and has been on the market for 7 less days than the typical home in this area.

What is the square footage on this condo?

According to the MLS, this listing is 703 sqft.

1 Watermill Place 516 is a 1-bedroom, 2-bath condo for sale in Arlington MA 02476. On Prevu for 4 days at $489,000. This home features 703 square feet of living space, located in Arlington Heights. The median listing price for condos in this area is $1,399,900. Nearby schools include Peirce Elementary School, Gibbs/Ottoson Middle School, and Ahs High School. The home offers private outdoor space, elevator, air conditioning, fitness center, parking, and washer/dryer. Explore 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.