1 Watermill Place # 516 Arlington, MA ^$ 489,000

1 Watermill Place # 516

^$ 489,000

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Open House 6/12 4:30pm - 6pm

1 Watermill Place # 516

Arlington, MA, 02476

^$ 489,000

Bedrooms1 Baths1.1 Sq 703

Monthly Estimate*

^$ 3,011

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Condo for sale in Arlington, MA

for $489,000 with 1 bedroom and 1 full bath, 1 half bath. This 703 square foot condo was built in 1988.

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!

Open House

6/12/2026 4:30 PM - 6:00 PM

6/13/2026 1:30 PM - 3:00 PM

1 Watermill Place # 516 Arlington, MA

* Some states or local ordinances may prohibit Open Houses at this time, please confirm with your Weichert agent or local rep to confirm

Condo Active

Price

^$ 489,000

Bedrooms

Full Bath

Half Bath

Property Type

Condo

Taxes

^$ 4,857

Style

Low-Rise

Year Built

1988

Town/City

Arlington

County/Region

Middlesex

MLS | Web ID

73534443

List By

Steve McKenna & The Home Advantage Team

Listing Agent

Gibson Sotheby's International Realty

Broker

Affordability Calculator

$3,416

Per Month

Monthly Principal & Interest: $3,011
Monthly Property Taxes: $405
Monthly Home Insurance: --

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Default based on a 30-year fixed rate of 6.25% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.

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Nearby

Trends

Condo listings in Arlington, MA

Average List Price ^$923,374

Percent of Sale Price 89%

About Arlington, MA

44,993 Population

6% Since 2002

^$104,138 Median Income

44.48 Median Age

28% Households with Children

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Trends Information provided by ATTOM Data Solutions.

Neighborhood & Schools

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Pricing History

Date	Price	Price Change	Description
6/11/2026	$489,000		Listed Price

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1 Watermill Place # 516, Arlington, MA, 02476 is a Condo for sale at $489,000 with 703 sqft. 1 Watermill Place # 516 has 1 bedrooms, 1.1 baths, and was built in 1988. The property's zip code is 02476 which is in Arlington, MA

*Information deemed reliable but not guaranteed.

Financial calculator disclaimer: Default based on a 30-year fixed rate of 6.25% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.

Data is updated as of 6/12/2026.

The real estate information and related content displayed on this site is provided for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.

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 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 or leasing 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 or leasing. 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.

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1 Watermill Place # 516

Condo for sale in Arlington, MA

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