Introducing the WaterShed Condos – A Landmark of Vision and Craftsmanship in Eugene. Born from a deep love of community and inspired by the charm of Europe’s backstreets and the vibrancy of Mexican plazas, the WaterShed was designed to bring that same spirit of place and connection to Eugene’s North of Fourth (NoFo) neighborhood.This one-of-a-kind mixed-use building was crafted with longevity, sustainability, and beauty in mind. Its structure is built with aerated autoclaved concrete—an advanced European material that insulates, soundproofs, and regulates temperature naturally. A stainless steel roof, triple-paned and operable windows ensure quiet comfort, energy efficiency, and fresh air year-round.15,000 gallon rainwater cisterns supply water for laundry, landscaping, and toilets for most of the year, and the landscape is thoughtfully planted with native, low-water flora. With natural finishes, no PVC or natural gas, and exposed utilities for easy maintenance, every detail has been considered.The WaterShed’s classic lines echo timeless architecture, creating a building that feels rooted in history but built for modern life. Located next to Coldfire Brewing’s taproom and restaurant, and part of the revitalized NoFo community, it’s a space meant to be explored—and remembered. Passersby often double back to say, “Wait a minute, what’s that?” Welcome to the WaterShed.~~~~~~~~~~~~A three-level unit, one of the largest and most light-filled, dramatic homes in the Watershed. It is accessed from the shared, secure courtyard. The main level entry features a great room concept kitchen/living/dining space with bathroom.The second level includes bedroom with sitting area and ensuite bath with separate shower and tub, and a private terraces overlooking the courtyard. The versatile third level loft could function as a study, library or sleeping area.
Active
$750,000
321 Mill St #1, Eugene, OR 97401
1beds
1,595sqft
Residential, Condominium
Built in 2006
-- sqft lot
$705,500 Zestimate®
$470/sqft
$841/mo HOA
What's special
Natural finishesEnergy efficiencyStainless steel roofTriple-paned and operable windowsShared secure courtyardFresh air year-roundQuiet comfort
- 107 days |
- 105 |
- 4 |
Zillow last checked:
Listing updated:
Listed by:
Bobby Stevens 541-225-8081,
You're Home Real Estate Inc
Source: RMLS (OR),MLS#: 284910717
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Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 1
- Bathrooms: 2
- Full bathrooms: 2
- Main level bathrooms: 1
Rooms
- Room types: Dining Room, Family Room, Kitchen, Living Room, Primary Bedroom
Primary bedroom
- Features: Balcony, Bathroom, Beamed Ceilings, High Ceilings, Washer Dryer
- Level: Main
- Area: 450
- Dimensions: 25 x 18
Kitchen
- Features: Dishwasher, Builtin Oven, E N E R G Y S T A R Qualified Appliances, Free Standing Refrigerator
- Level: Lower
- Area: 140
- Width: 10
Living room
- Features: French Doors, Great Room, Patio, High Ceilings
- Level: Lower
- Area: 140
- Dimensions: 14 x 10
Heating
- Heat Exchanger, Other, Heat Recovery Ventilator
Appliances
- Included: Built In Oven, Cooktop, Dishwasher, ENERGY STAR Qualified Appliances, Free-Standing Refrigerator, Range Hood, Washer/Dryer, Electric Water Heater
- Laundry: Laundry Room
Features
- High Ceilings, Closet, Vaulted Ceiling(s), Great Room, Balcony, Bathroom, Beamed Ceilings
- Flooring: Concrete, Hardwood, Wood
- Doors: French Doors
- Windows: Triple Pane Windows, Wood Frames
Interior area
- Total structure area: 1,595
- Total interior livable area: 1,595 sqft
Video & virtual tour
Property
Parking
- Parking features: Off Street, Condo Garage (Undeeded)
Features
- Stories: 3
- Entry location: Ground Floor
- Patio & porch: Patio
- Exterior features: Rain Barrel/Cistern(s), Water Feature, Balcony
- Has view: Yes
- View description: City, Mountain(s), Trees/Woods
Lot
- Features: Level
Details
- Parcel number: 1918216
Construction
Type & style
- Home type: Condo
- Property subtype: Residential, Condominium
Materials
- Metal Siding, Stucco
- Roof: Metal
Condition
- Resale
- New construction: No
- Year built: 2006
Utilities & green energy
- Sewer: Public Sewer
- Water: Cistern, Public
Green energy
- Water conservation: Dual Flush Toilet, Gray Water System
Community & HOA
Community
- Security: Entry, Fire Sprinkler System, Security Gate, Security System
HOA
- Has HOA: Yes
- Amenities included: All Landscaping, Commons, Exterior Maintenance, Gated, Heat, Sewer, Trash, Water
- HOA fee: $841 monthly
Location
- Region: Eugene
Financial & listing details
- Price per square foot: $470/sqft
- Annual tax amount: $4,189
- Date on market: 3/17/2026
- Listing terms: Cash,Conventional
- Road surface type: Paved
Estimated market value
$705,500
$670,000 - $741,000
$3,151/mo
Price history
| Date | Event | Price |
|---|---|---|
| 3/17/2026 | Listed for sale | $750,000$470/sqft |
Source:  RMLS (OR) #284910717 Report a problem | ||
Public tax history
Tax history is unavailable.
Monthly payment
Est. payment$--/mo
Payment breakdown
Explore the cost of this home by adjusting the details. Changes won't be saved.All calculations are estimates and provided by Zillow, Inc. for informational purposes only. Actual amounts may vary.
HOA fees may include property taxes on listings classified as Co-Ops. Contact the listing agent and/or owner for fee details.
Mortgage interest rates are dependent on a number of factors, including credit score, down payment, and repayment length. Interest rate data provided by Zillow Group Marketplace, Inc. as of 1/1/1970 from various mortgage lenders with which we have lead or other similar arrangements; the Estimated Payment is an average of those rates.
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Climate risks
Neighborhood: Downtown
Nearby schools
GreatSchools rating
- 8/10Edison Elementary SchoolGrades: K-5Distance: 1.6 mi
- 6/10Roosevelt Middle SchoolGrades: 6-8Distance: 1.6 mi
- 8/10South Eugene High SchoolGrades: 9-12Distance: 1.4 mi
Schools provided by the listing agent
- Elementary: Edison
- Middle: Roosevelt
- High: South Eugene
Source: RMLS (OR). This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.
A local agent can set up tours, give advice and negotiate with sellers.
A local lender can help you make sure your offer is ready when you are.
- Oregon
- Lane County
- Eugene
- 97401
- Downtown
- 321 Mill St Unit 1
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