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.
Active
$825,000
321 Mill St #4, Eugene, OR 97401
2beds
1,631sqft
Est.:
Residential, Condominium
Built in 2006
-- sqft lot
$-- Zestimate®
$506/sqft
$975/mo HOA
What's special
Natural finishesStainless steel roofTriple-paned and operable windows
- 17 days
- on Zillow |
- 435 |
- 17 |
Zillow last checked: 7 hours ago
Listing updated: April 11, 2025 at 05:57am
Listed by:
Randy Jeremiah 541-514-0516,
Hybrid Real Estate
Source: RMLS (OR),MLS#: 548924861

Travel times
Tour with a buyer’s agent
Tour with a buyer’s agent
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 2
- Bathrooms: 2
- Full bathrooms: 2
- Main level bathrooms: 1
Rooms
- Room types: Entry, Office, Bedroom 2, Dining Room, Family Room, Kitchen, Living Room, Primary Bedroom
Primary bedroom
- Features: Bathroom, Beamed Ceilings, High Ceilings, Washer Dryer
- Level: Lower
- Area: 294
- Dimensions: 21 x 14
Bedroom 2
- Features: Balcony, Closet, High Ceilings, Wood Floors
- Level: Upper
- Area: 225
- Dimensions: 15 x 15
Dining room
- Level: Main
- Area: 144
- Dimensions: 12 x 12
Kitchen
- Features: Dishwasher, Builtin Oven, E N E R G Y S T A R Qualified Appliances, Free Standing Refrigerator
- Level: Main
- Area: 150
- Width: 10
Living room
- Features: Balcony, Great Room, High Ceilings
- Level: Main
- Area: 150
- Dimensions: 15 x 10
Office
- Level: Lower
- Area: 70
- Dimensions: 10 x 7
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, Balcony, Closet, Great Room, Bathroom, Beamed Ceilings
- Flooring: Concrete, Hardwood, Wood
- Windows: Triple Pane Windows, Wood Frames
Interior area
- Total structure area: 1,631
- Total interior livable area: 1,631 sqft
Video & virtual tour
Property
Parking
- Parking features: Off Street, Condo Garage (Other)
Features
- Stories: 3
- Entry location: Upper Floor
- Exterior features: Rain Barrel/Cistern(s), Balcony
- Fencing: Fenced
- Has view: Yes
- View description: City, Mountain(s), Trees/Woods
Lot
- Features: Level
Details
- Parcel number: 0648228
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: Fire Sprinkler System, Security Gate, Security System, Security Lights
HOA
- Has HOA: Yes
- HOA fee: $975 monthly
Location
- Region: Eugene
Financial & listing details
- Price per square foot: $506/sqft
- Date on market: 4/9/2025
- Listing terms: Cash
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