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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 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.~~~~~~~~~~~~~~The first level of Unit 2 features a great room concept living/dining/kitchen area, a half bathroom, ample storage, and an office study on the main level. Upstairs, under vaulted ceilings you'll find a bedroom with en-suite bath with clawfoot tub and dedicated shower, a light filled den/office/study, and a spacious balcony with southerly views of the Willamette River, Eugene skyline, and Spencer Butte.
CondoProperty Type
2006Year Built
$431Price/Sq.Ft.
$884/moHOA Dues
Listed by Bobby Stevens• You're Home Real Estate Inc
Market District, located between Downtown Eugene and the University of Oregon, is a commercial and residential Eugene neighborhood with a walkable grid and a river-adjacent edge. The neighborhood’s character concentrates around 5th Avenue and Willamette Street, where sidewalk patios, indie boutiques, and late-night bites keep the blocks in motion. The Hult Center for the Performing Arts anchors the cultural calendar, while 5th Street Public Market and the Saturday Market set a local, maker-forward tone. Architecture shifts from restored brick storefronts to newer mid-rise apartments with ground-floor retail. Tree-lined side streets soften the busier corridors, and the Willamette River paths shape daily routines. Transit, bike lanes, and compact blocks keep errands and evenings on foot.
Provided by Walk Score and Local Logic
Offer insights
321 Mill St #2 · $775,000
$770K and above
75% chance or better to win
Why $770K+ is a strong offer
DAYS ON MARKET
182 days
The average home goes pending in 16 days.
SALE-TO-LIST
99.7%
Most homes are selling 0% below list price.
About offer insights
Property details
Interior
Exterior
Finance
Kitchen
Bathroom
Bedroom
Living
Interior features
Concrete floors
Dual-flush toilet
Grey water recycling
Heat recovery ventilator
High ceilings
Laundry area included
Washer and dryer included
Triple-pane windows with wood frames
Bedrooms
Primary bedroom located on the upper level with vaulted/high ceilings
Bathrooms
Two bathrooms total: one full and one partial (main and upper level distribution)
Kitchen
Built-in oven
Cooktop
Range hood
Dishwasher
Free-standing refrigerator
Solid surface countertops
ENERGY STAR qualified appliances
Stainless steel appliances
Beamed ceilings in kitchen
Laundry & utility
Washer and dryer included in unit
Electric hot water
Flooring
Hardwood floors
Heating & cooling
Heat exchanger
Hydronic (in-floor) heating
No central cooling
Exterior features
Metal and stucco siding
Metal roof
Rain barrel/cistern system
Water feature
Level lot
Paved road access
Deck (available) approximately 23 x 13
Home design
Residential condominium
Not attached
Resale property
Upper-floor unit (unit located on level 2)
Total building stories: 4
Views of city, mountains and trees
Parking
Off-street parking
Undeeded condominium garage (parking not deeded or assigned)
Security
Entry security
Fire sprinkler system
Security gate
Security system
Construction
Built in 2006
Building total area approximately 1,800
Metal roof
Metal and stucco exterior
Utilities
Public water
Public sewer
Electricity and geothermal fuel options
HOA & community
Homeowners association with monthly fee (monthly HOA covers landscaping, commons, exterior maintenance, gated access, heat, sewer, trash and water)
Association amenities include common landscaping and gated property
Condominium complex has 5 units
Washer/dryer included in unit per condo rules
Deck available to the unit (about 299 sq ft)
No elevator
No short-term rentals allowed
Smoking policy noted in remarks
Assigned storage available (storage unit #2)
Move-in/out fee not required
Financial info
Monthly association fee applies
Other
Condominium conversion property
Condominium parking is not deeded and not assigned
Condominium total levels: 4
Electricity and solar
View estimated energy costs and solar savings for this home
The purpose of the S-W Whiteaker Special Area Zone is to encourage the economic vitality of the area for employment and industrial, institutional, and commercial uses while also allowing a mix of residential dwellings. This zone has a broad range of permitted uses. No single use is mandated or required within the area and the zone encourages both a mixture of uses within a building as well as within a block. The mix of land uses and increase in residential density and employment opportunities is designed to provide a place for people to live and work in the same area. It is intended that the character of the zone develop so that the diversity of uses are enhanced and tied together with various forms of usable public and private open space where there is pedestrian-oriented activity. Appropriate intermingling of structures, street amenities, and major landscape features will be necessary in order to integrate older development with newer development. Development within the zone will occur incrementally over time and this zoning will help ensure a coordinated effort is undertaken to improve the area by the public and private sectors. The S-W zone is also designed to: Encourage the continued economic vitality of existing and redeveloped commercial and employment and industrial uses with recognition of their role in providing a needed diversity of land uses and job opportunities; Encourage an increase in residential density to create additional opportunities for people to live close to major employment areas; Encourage actions that will enhance the attractiveness of the area and increase the use of major landscape features that can help tie the public and private open spaces together; Encourage the preservation, rehabilitation, and restoration of significant historic structures and retention of older, mature street trees.
Zone overlays
Site Review Overlay Zone
Permitted uses
Include but are not limited to:
Community / recreation center
Bank
General retail
Restaurant
Hospital / medical center
Housing-Single unit
Housing-Senior
Housing-Student
Manufacturing
Office
Historical weather
Eugene, OR • 97401
Average low and high temperatures (°F)
47
34
51
37
59
42
65
43
71
48
78
53
87
57
87
59
78
54
65
46
53
42
50
41
Jan
Feb
Mar
Apr
May
Jun
Jul
Aug
Sep
Oct
Nov
Dec
Sun exposure
74/ 100
Good sunlight
Sunscore
There appears to be minimal shading by surrounding buildings, terrain, and vegetation.
7.6 hrs
3.5 hrs
JuneDecember
Provided by Shadowmap
Redfin Estimate for 321 Mill St #2
$753,382
$22K under list price of $775K
Nearby comparable homes
The Redfin Estimate uses 6 recent nearby sales, priced between $260K to $930K.