Watson Woods is a compact townhouse condominium community on Stonewall Way in Exeter, positioned within a residential setting near Watson Road and NH Route 101. The community has an unusual role in Exeter's housing history because it was developed using the town's open-space density provisions and included a substantial workforce-housing component. Public records identify the development as part of Exeter's effort to provide owner-occupied housing at a range of affordability levels.

The homes are attached, wood-frame townhouse-style condominiums constructed around 2005. Public listings consistently identify two-story townhouse architecture, vinyl/clapboard-style exteriors and roughly 1,300–1,900 square feet of living area depending on the unit. The development was built by Chinburg Builders, and municipal records identify approximately 30 townhouse units, with 20 originally designated as affordable/workforce housing.

Watson Woods is oriented toward practical residential living rather than a resort-style amenity package. Shared landscaping, association-maintained roads/grounds, snow removal and common insurance are recurring components of the association structure. Listings also reference walking trails and nearby paths, giving the neighborhood a modest outdoor-recreation component without suggesting that it contains a large private recreational complex.

The location is convenient for Exeter's employment, shopping and educational resources while maintaining a quieter neighborhood character. NH Route 101 is nearby, providing access toward the Seacoast and I-95, while downtown Exeter is a short drive away. Residents are also within the Exeter school district and close to the town's parks, trails, riverfront and historic downtown.