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1 Watermill Place # 516, Arlington MA 02476

Arlington, MA 02476
$489,000
Est. $3,602/month
1
Beds
1.5
Baths
703
Sq Ft
$696
Price/Sq Ft
1988
Year Built
1
Garage Space
21
Days on Market
Pending Listed Jun 11, 2026 • MLS# 73534443 Copied! • Updated Jul 6, 2026

About this home

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!

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Recently Sold Nearby

Property History

Market Insights

Property Timeline

📋
Status: Active under contract
Jun 26, 2026
Active → Active Under Contract
Pending Sale
Jun 24, 2026
Offer accepted, sale pending
🏠
Listed for Sale
Jun 11, 2026
$489,000
Original listing
Agent: Steve McKenna & The Home Advantage Team Office: Gibson Sotheby's International Realty

Tax History

Year Taxes Assessment
2026 $4,857 $450,000

Financial Details

Annual Property Tax
$4,857
Tax Year 2026
HOA Fee
$525
Monthly
Assessed Value
$450,000

Facts & Features

1 Car Garage
Central AC

Home Facts

Type Residential
Style Condominium
Year Built 1988
Living Area 703 sq ft
Bedrooms 1
Full Baths 1
Half Baths 1
Total Rooms 3

Interior

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

Exterior

Construction Brick
Architecture None
Roof None
Features Patio, Garden, Professional Landscaping
Pool None
Spa None
Fencing None
Patio/Porch Patio
Garage Spaces 1
Has Garage Yes
Features Carport, Deeded, Off Street
Total Spaces 1
Electric Circuit Breakers
Water Public
Sewer Public Sewer
Gas None
Other For Electric Range, For Electric Oven, For Electric Dryer, Washer Hookup
Annual Tax $4,857
Assessed Value $450,000

HOA & Community

HOA Fee $525 Monthly
Fee Includes Water, Sewer, Insurance, Maintenance Structure, Maintenance Grounds, Trash, Reserve Funds
Amenities Elevator(s), Fitness Center
Optional Fee Includes None
Pets No
Seller Disclosures Custom Curtains Included In Sale. Parking Space 44 In Carport.
Exclusions Personal Belongings.
Possession None
Accepted Financing None
Structure Type ["Low-Rise"]
Unit/Building 516
Sq Ft Source Public Record
Sq Ft Disclosures Floor plans attached. Buyer and agents to do due diligence.
Documents Master Deed, Unit Deed (2)
County Middlesex
Total market time (incl. prior listings) 25 days

Property Overview

Property Type
Condominium
Listing Type
For Sale
Year Built
1988
Bedrooms
1
Full Bathrooms
1
Half Bathrooms
1
Living Area
703 sq ft
Total Rooms
3
Stories
1
Entry Level
5

Room Details

First Floor

Bathroom1
5 x 8
Bathroom - 3/4, Flooring - Stone/Ceramic Tile
Dining Room
Flooring - Laminate, Open Floorplan
Kitchen
9 x 9
Flooring - Stone/Ceramic Tile
Bathroom2
6 x 5
Bathroom - Half, Flooring - Stone/Ceramic Tile
Living Room
13 x 16
Flooring - Laminate, Window(s) - Picture, Open Floorplan
Master Bedroom
11 x 17
Bathroom - 3/4, Closet, Flooring - Laminate, Window(s) - Picture

Other Floor

Bedroom5
Bedroom4
Bedroom3
Bedroom2
Bathroom3
Office
Family Room
Master Bathroom

Interior Features

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

Construction & Materials

Year Built: 1988
Structure Type: Low-Rise
Exterior Materials: Brick
Roof:
Foundation:
Stories: 1

Heating, Cooling & Utilities

Heating: Forced Air, 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: Thermostat

Exterior & Lot

Exterior Features: Patio, Garden, Professional Landscaping
Patio & Porch: Patio
Fencing:
Other Structures:
Lot Features:
Road Surface:

Parking & Garage

Garage Spaces: 1
Total Parking Spaces: 1
Parking Features: Carport, 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 | #57 of 824 | Score: 61.8
Dropped 23 spots from last year
+3.6 above state avg
318 students Diverse
Grades K-05
A-
M. Norcross Stratton Elementary School
0.7 mi | #180 of 824 | Score: 56.0
Dropped 38 spots from last year
-2.2 below state avg
448 students Diverse
Diverse Student Body
Grades K-05
A+
Cyrus E Dallin School
0.7 mi | #39 of 824 | Score: 63.2
Improved 181 spots from last year
+5 above state avg
390 students Diverse
Rising School Strong Attendance
Grades K-05
A
Brackett School
0.9 mi | #120 of 824 | Score: 58.0
Dropped 7 spots from last year
-0.2 below state avg
394 students Diverse
Strong Attendance
Grades K-05
A+
John A Bishop School
1.3 mi | #52 of 824 | Score: 62.2
Improved 10 spots from last year
+4 above state avg
375 students Diverse
Grades K-05
Arlington Children's Center
1.4 mi
Grades PK-K
Menotomy Preschool
1.4 mi
100 students Very Diverse
Diverse Student Body
Grades PK
M

Middle Schools

2 schools
A+
Ottoson Middle School
0.3 mi | #4 of 352 | Score: 65.2
Improved 13 spots from last year
+7 above state avg
963 students Diverse
Strong Attendance
Grades 07-08
A+
Gibbs School
2.0 mi | #31 of 352 | Score: 60.0
Improved 8 spots from last year
+1.8 above state avg
529 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
Learn about these ratings

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Including down payment
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Down: $0
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Monthly Payment Breakdown

Principal & Interest $0
Property Tax $405
Homeowners Insurance $200
HOA Fee $525/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 Place # 516, 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 Jul 6, 2026 10:41 AM 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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Steven Novak
BMN Boston Real Estate
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BMN Boston Real Estate

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