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$525,000 Sale Pending

  • For Sale
  • Pending
  • Condo
  • 1 Bed
  • 1 Full Bath
  • 1 Partial Bath
  • 791 Sq. Ft.
  • 1 Car Garage
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Rare, spacious one bedroom at Watermill Place on corner with full windows and Juliet balcony overlooking the scenic brook and historic Schwab Mill! Enjoy the bright open floor plan of this freshly painted unit with beautiful hardwood floors and recessed lighting. Updated kitchen features stainless steel appliances including electric range, new sink and faucet. Bright bedroom suite features large windows, amazing closet space and full bath with new walk in shower. Half bath for guests. Newer in unit laundry. Custom drapery and entertainment system in living room. Same floor storage. This professionally managed building with exclusive, covered parking (#17 for this unit) and well equipped fitness room has recently replaced roof, windows and doors. Steps to the Minuteman Bikeway and the shops & restaurants in Arlington Heights. Close to #77 bus to Cambridge and major routes. Don't miss this one!

Full Property Details for 1 Watermill Pl #309

General

  • Price: $525,000
  • HOA FEE: $548/month
  • Taxes: $4,872 (2025)
  • Status: Pending
  • Type: Condo
  • Source: MLSPin
  • MLS ID: 73460972
  • Updated: 12/30/2025
  • Added to Site: 39 day(s) ago

Interior

  • Number of Rooms: 4
  • Appliances: Range, Dishwasher, Disposal, Refrigerator, Washer, Dryer, Range Hood
  • Flooring: Tile, Hardwood

Rooms

Bathrooms

  • Total Bathrooms: 2
  • Full Bathrooms: 1
  • Half Bathrooms: 1
  • Main - Full Baths: 1
  • Main - 1/2 Baths: 1
  • Bathroom 1: Half Bathroom, Stone/Ceramic Tile Flooring, Third
  • Bathroom 2: Tiled Bathroom with Shower Stall, Stone/Ceramic Til, Third

Bedrooms

  • Total Bedrooms: 1
  • Primary Bedroom: Yes, Third

Other Rooms

  • Living Room: Hardwood Flooring, Interior Balcony, French Doors, Open Floorplan, Recessed Lighting, Third
  • Kitchen: Stone/Ceramic Tile Flooring, Breakfast Bar/Nook, Stainless Steel Appliances, Third
  • Dining Room: Hardwood Flooring, Open Floorplan, Recessed Lighting, Third
  • Laundry: Electric Dryer Hookup, Washer Hookup, Third Floor, In Unit

Additional Information

  • Year Round: Yes
  • Security/Safety: Intercom

Exterior

  • Exterior Features: Garden, Professional Landscaping, Sprinkler System

Parking

  • Garage: Yes
  • Attached garage: Yes
  • Garage Spaces: 1
  • Total Spaces: 1
  • Parking Features: Attached, Paved, Exclusive Parking

Location

  • Area: Arlington Heights
  • County: Middlesex
  • Complex: Watermill Place
  • Building Name: Watermill Place
  • Driving Directions: Lowell Street to Watermill Place

School Information

  • Elementary School: Peirce
  • Middle School: Gibbs/Ottoson
  • High School: Arlington High

Community

  • Assoc. Fees Include: Elevator(s), Fitness Center, Storage
  • Management Type: Off-Site Professional Management

Heating & Cooling

  • Air Conditioning: Yes
  • Cooling Type: Central Air
  • Cooling Zones: 1
  • Heating Type: Forced Air
  • Heating Fuel: Forced Air
  • Heating Zones: 1

Utilities

  • Sewer: Public Sewer
  • Water: Public
  • Utility Description: Connection for Electric Range, Connection for Electric Dryer, Washer Hookup

Structural Information

  • Exterior Const.: Brick
  • Basement: Yes
  • Basement Desc.: Y
  • Roof: Rubber
  • Stories/Levels: 1
  • Square Feet: 791
  • Sq. Ft. Source: Public Records
  • Year Built: 1988

Water Features

  • Water Front Desc.: 3/10 to 1/2 Mile To Beach, Beach Ownership(Public)

Financial Considerations

  • Price Per Sq. Ft.: $663.72
  • Association Fee: $548
  • Assoc Fee Freq.: Monthly
  • Tax Amount: $4,872
  • Tax Year: 2025

Disclosures and Reports

  • Documents Avail.: Master Deed, Unit Deed, Rules & Regs, Management Association Bylaws, Association Financial Statements, Certificate of Insurance
  • Disclosures/Rstr.: Parking spot is #17. Custom-made French pleat drapes, entertainment system and TV will be offered as gifts to buyer. Can be removed if preferred. No smoking/no pets
  • Property ID: 323072
Buyer's Brokerage Compensation: Contact Listing Agent
Not binding unless confirmed by separate agreement among applicable parties.

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— 1 Watermill Pl #309 —

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with our affiliated lender
NMLS#: 1598647

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Be ready to buy your new home!

with our affiliated lender
NMLS#: 1598647

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Price & Sales History for 1 Watermill Pl #309 Get Price Alerts and Save Property

Date
Details
Price
Change
Source
12/09/2025
Listed
$525,000
10.53%
MLS
4/10/2023
Sold
$475,000
—
Public Record
Get Price Alerts and Save Property
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.

Tax History for 1 Watermill Pl #309

Year
Property Taxes
Change
Tax Assessment
Change
2025
$4,872
11%
$452,400
9%
2024
$4,408
-1%
$416,200
5%
2023
$4,448
1%
$396,800
3%
2022
$4,414
2%
$386,500
1%
2021
$4,325
5%
$381,400
3%
2020
$4,104
5%
$371,100
7%
2019
$3,918
11%
$348,000
19%
2018
$3,533
1%
$291,300
4%
2017
$3,507
-2%
$279,200
—
2016
$3,574
4%
$279,200
10%
2015
$3,451
5%
$254,700
7%
2014
$3,278
—
$237,700
—
View All
Disclaimer: Historical tax information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.

Estimate the Cost for 1 Watermill Pl #309

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*These costs are estimates, and the interest rates assume exceptional credit standing.

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1 Watermill Place #309, Arlington, MA 02476 (MLS# 73460972) is a Condo property with 1 bedroom, 1 full bathroom and 1 partial bathroom. 1 Watermill Place #309 is currently listed for $525,000 and was received on December 09, 2025. This property is listed by Terry McCarthy from our Belmont Office.Want to learn more about 1 Watermill Place #309? Do you have questions about finding other Condo real estate for sale in Arlington? You can browse all Arlington real estate or contact a Coldwell Banker agent to request more information.

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