321 Mill St Unit 4 Eugene, OR 97401
Downtown Eugene NeighborhoodEstimated payment $6,157/month
Highlights
- City View
- Wood Flooring
- High Ceiling
- Edison Elementary School Rated A-
- Modern Architecture
- Solid Surface Countertops
About This Home
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 future 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.
Property Details
Home Type
- Condominium
Year Built
- Built in 2006
HOA Fees
- $975 Monthly HOA Fees
Parking
- Off-Street Parking
Property Views
- City
- Woods
- Mountain
Home Design
- Modern Architecture
- Metal Roof
- Metal Siding
- Stucco Exterior
Interior Spaces
- 1,631 Sq Ft Home
- 3-Story Property
- High Ceiling
- Triple Pane Windows
- Wood Frame Window
- Entryway
- Family Room
- Living Room
- Dining Room
- Home Office
Kitchen
- Built-In Oven
- Cooktop with Range Hood
- Dishwasher
- ENERGY STAR Qualified Appliances
- Solid Surface Countertops
Flooring
- Wood
- Concrete
Bedrooms and Bathrooms
- 2 Bedrooms
- Dual Flush Toilets
Laundry
- Laundry Room
- Washer and Dryer
Home Security
- Home Security System
- Security Lights
- Security Gate
Outdoor Features
- Balcony
- Rain Barrels or Cisterns
Schools
- Edison Elementary School
- Roosevelt Middle School
- South Eugene High School
Utilities
- No Cooling
- Heat Exchanger
- Heat or Energy Recovery Ventilation System
- Geothermal Heating and Cooling
- Cistern
- Electric Water Heater
Additional Features
- Gray Water System
- Fenced
- Upper Level
Listing and Financial Details
- Assessor Parcel Number 0648228
Community Details
Overview
- 5 Units
- Watershed Building Condo Assoc Association, Phone Number (541) 935-7266
Amenities
- Community Deck or Porch
- Community Storage Space
Security
- Fire Sprinkler System
Map
Home Values in the Area
Average Home Value in this Area
Property History
Date | Event | Price | Change | Sq Ft Price |
---|---|---|---|---|
04/09/2025 04/09/25 | For Sale | $825,000 | -- | $506 / Sq Ft |
Source: Regional Multiple Listing Service (RMLS)
MLS Number: 548924861

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