Watersmeet is an unincorporated community and census-designated place (CDP) in Watersmeet Township, Gogebic County, Michigan, in the United States. As of the 2010 census, the CDP had a population of 428, out of a total population in the township of 1,417. The community was platted in 1884, designated as a station of the Chicago, St. Paul, Minneapolis & Omaha Railways.
The community is located in the northern part of Watersmeet Township, in the western part of Michigan's Upper Peninsula, at the confluence of Duck Creek with the Middle Branch of the Ontonagon River. U.S. Routes 2 and 45 cross at the southern edge of town; US 2 leads southeast 30 miles (48 km) to Iron River and northwest 41 miles (66 km) to Wakefield, while US 45 leads north 46 miles (74 km) to Ontonagon on Lake Superior and south 26 miles (42 km) to Eagle River, Wisconsin.
According to the U.S. Census Bureau, the Watersmeet CDP has an area of 9.2 square miles (23.8 km2), of which 0.004 square miles (0.01 km2), or 0.06%, is water.