Observer
Building report · Arlington Heights, Arlington

1 Watermill Pl

Arlington, MA 02476

10 condos sold at 1 Watermill Pl in the past 12 months, for a typical $528K, or $667 a square foot. That's 17% less per square foot than the typical condo in Arlington Heights. Right now, 2 are for sale.

  • 1988 built
  • 130 units
  • 5 floors with homes
  • #36 in Greater Boston by condo sales
1 Watermill Pl, Unit 121: listing photo
Unit 121, for sale at $675,000. Listed by Steve McKenna & The Home Advantage Team, Gibson Sotheby's International Realty. MLS #73582233.
$528K
typical sale price, past 12 months
$667
per square foot
9 days
typical time to an accepted offer
60%
sold for asking or more
2
for sale now
$588
typical monthly condo fee

1 Watermill Pl sells for 17% less per square foot than Arlington Heights

Condo sales in the past 12 months: this building against all 34 condo sales in Arlington Heights.

Arlington Heights 1 Watermill Pl

  • Price per sq ft ($)803667 −17%
  • Days to an accepted offer89 +6%
Source: Verified market data; analysis by the Observer Markets Desk.
Show the numbers
1 Watermill PlArlington Heights
Typical price per sq ft$667$803
Typical days to an accepted offer98
Sold for asking or more60%65%

For sale now2 units, 1.5% of the building

  • Unit 121: listing photo

    $675,000Cut $20K

    Unit 121, floor 1

    2 bed · 2 bath · 1,021 sq ft

    $661/sq ft · 46 days listed · $700/mo fee

    Active · Condo · MLS #73582233
    1 Watermill Pl #121, Arlington, MA
    Listed by Steve McKenna & The Home Advantage Team, Gibson Sotheby's International Realty

  • Unit 426: listing photo

    $670,000

    Unit 426, floor 4

    2 bed · 2 bath · 1,037 sq ft

    $646/sq ft · 46 days listed · $683/mo fee

    Active · Condo · MLS #73582325
    1 Watermill Pl #426, Arlington, MA
    Listed by Steve McKenna & The Home Advantage Team, Gibson Sotheby's International Realty

Under agreement2 units

  • Unit 316: listing photo

    $695,000Cut $35K

    Unit 316, floor 3

    2 bed · 2 bath · 1,088 sq ft

    $639/sq ft · 213 days listed · $706/mo fee

    Under agreement · Condo · MLS #73499668
    1 Watermill Pl #316, Arlington, MA
    Listed by Michael Fisher, Realty Advisors

  • Unit 430: listing photo

    $495,000

    Unit 430, floor 4

    1 bed · 1.5 bath · 800 sq ft

    $619/sq ft · 12 days listed · $568/mo fee

    Contingent · Condo · MLS #73596279
    1 Watermill Pl #430, Arlington, MA
    Listed by Joan Bissdorf, Keller Williams Realty Boston Northwest

    Virtual tour

Price per square foot at 1 Watermill Pl, quarter by quarter

Typical sale price per square foot, every sale in our data since 2025 Q4.

  • $ per sq ft 653 (2026 Q3)
Arlington Heights typical, past 12 months: $803. Source: Verified market data; analysis by the Observer Markets Desk.
Show the numbers
QuarterTypical $/sq ftSales
2025 Q4$6094
2026 Q1$6622
2026 Q3$6534

Buy or rent here?

Typical sale price and monthly rent by size, past 12 months. “Rent as % of price” is a year's rent divided by the price: the higher it is, the more renting here costs compared with buying.

SizeSale priceMonthly rentRent as % of price
1 bedroom$487K (6)$2,300 (1)–
2 bedrooms$693K (4)$3,050 (2)5.3%

What soldPast 12 months, newest first

ClosedUnitSizePrice$/sq ftvs. first ask
Aug 12Unit 425MLS #73545822 · Keller Williams Realty1 bed, 644 sq ft$485,000$753−0.8%
Jul 28Unit 516MLS #73534443 · Gibson Sotheby's International Realty1 bed, 703 sq ft$489,000$696+0.0%
Jul 8Unit 520MLS #73514412 · William Raveis R.E. & Home Services2 bed, 1,083 sq ft$660,000$609−2.8%
Jul 2Unit 319MLS #73527583 · Gibson Sotheby's International Realty2 bed, 1,229 sq ft$740,000$602+2.9%
May 5Unit 312MLS #73492280 · FrielEstate2 bed, 1,034 sq ft$695,000$672+3.0%
Feb 25Unit 212MLS #73469013 · Leading Edge Real Estate2 bed, 1,034 sq ft$690,000$667+3.8%
Jan 20Unit 309MLS #73460972 · Coldwell Banker Realty - Belmont1 bed, 791 sq ft$520,000$657−1.0%
Dec 17Unit 308MLS #73447601 · Compass1 bed, 722 sq ft$482,000$668−5.5%
Dec 2Unit 304MLS #73438813 · Fox Hill Realty, LLC1 bed, 777 sq ft$535,000$689+1.9%
Nov 24Unit 228MLS #73444587 · Leading Edge Real Estate1 bed, 825 sq ft$440,000$533+3.6%

Where it isWith nearby buildings we track

Questions people ask

How much do condos cost at 1 Watermill Pl?
In the past 12 months, 10 condos sold at 1 Watermill Pl (1 Watermill Pl, Arlington) for a typical $527,500, or $667 per square foot. Sales ranged from $440,000 to $740,000.
How fast do condos sell at 1 Watermill Pl?
Units that sold in the past 12 months took a typical 9 days to get an accepted offer, and 60% sold for their first asking price or more. In Arlington Heights overall, it took 8 days.
What are the condo fees at 1 Watermill Pl?
The typical monthly condo fee at 1 Watermill Pl is $588, about $0.65 per square foot a month, based on the fees filed with its listings.
How many condos are for sale at 1 Watermill Pl right now?
2 units are for sale, asking from $670,000 to $675,000.
What does it cost to rent at 1 Watermill Pl?
3 units rented in the past 12 months, for a typical $2,800 a month. 2 bedrooms: $3,050.
When was 1 Watermill Pl built, and how many units does it have?
1 Watermill Pl was built in 1988 and has 130 units, with homes up to the 5th floor, according to its listings.

About these numbers

Every figure on this page comes from verified market data for 1 Watermill Pl, Arlington, refreshed November 8, 2026, and updates every morning. “Typical” means the median. Price per square foot uses the living area filed with each listing. Condo fees are monthly. Sales history in our data starts in late 2025.

Cite as: “1 Watermill Pl building report,” Boston Real Estate Observer, https://bostonrealestateobserver.com/buildings/arlington/1-watermill-pl/ (data as of November 8, 2026).