Mike Watson, Realtor

Mike Watson

Call or Text(661) 733-2196
ActiveSingleFamilyResidence

10061 Valley Spring Lane

Toluca Lake, CA, 91602

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$6,950,000

MLS: 25608365

Beds

3

Baths

4

Sq Ft

4,584

Lot

0.45 ac

Year Built

1976

MLS #

25608365

Days on Market

178

Listed

Oct 20, 2025

Description

Exquisite Lakefront Retreat in Coveted Toluca Lake. A rare opportunity to own one of Toluca Lake's most distinguished properties one of only 34 exclusive residences with direct access to the private lake. Custom-designed and built in 1976, this spacious two-story home offers approximately 4,584 square feet of light-filled living space, thoughtfully designed for both comfort and elegant entertaining. Plus, an oversized 19,524 sq ft lot adds incredible outdoor living space perfect for relaxation, entertaining, or future enhancements. Walls of floor-to-ceiling glass and soaring ceilings flood the interiors with natural light, framing panoramic multi-directional views of Toluca Lake. The expansive living, dining, and kitchen areas flow seamlessly to a lakeside patio, ideal for indoor/outdoor entertaining. A stylish wet bar and dual walk-in pantries enhance functionality for hosting guests. The residence includes 3 generous bedrooms and 4 bathrooms, including a luxurious primary suite that commands broad second-story views of the lake. Enjoy your morning coffee or sunset wine on a private balcony, or relax in the spa-like ensuite featuring dual vanities, cedar-lined walk-in closets, a separate shower, and a private sauna. Just outside, a lakeside jacuzzi provides a tranquil spot to unwind while taking in the water views. Additional highlights include rich hardwood flooring throughout, elegant crown moulding, and a private boat dock offering immediate access to the lake. The expansive lot features mature trees and provides ample room to expand, add a pool, or build additional garages. This is lakefront living at its finest combining timeless design, exceptional views, and exclusive privacy in one of Los Angeles' most desirable neighborhoods.

Location

Toluca Lake, Los Angeles County, CA 91602

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Listed by: Craig Strong · Compass

Payment estimate

$48,578

/ month (est.)

Principal, interest, taxes, and insurance + PMI. Down payment: $695,000 · Loan: $6,255,000

%
Principal & Interest
$38,432
Property tax (1.25%)
$7,240
Homeowners insurance
$300
Mortgage insurance
$2,606
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Login required. The full tool supports FHA / VA / USDA, PMI by credit tier, lender fees, and total cash to close — with your inputs here carried over.

Today's Rates

As of Apr 23, 2026

30-year fixed
6.23%
15-year fixed
5.58%

Source: Freddie Mac Primary Mortgage Market Survey (PMMS). Updated weekly.

Financing Options

FHA Financing — 3.5% Down

First-time and repeat buyers can purchase this Toluca Lake home with as little as 3.5% down using an FHA loan — roughly $243,250 down. FHA loans feature flexible credit guidelines and government-backed rates, making homeownership accessible for buyers who haven't saved a large down payment. Seller concessions up to 6% of the purchase price are also allowed.

Local Market Stats

See Toluca Lake, CA 91602 market trends →

Median sold price, days on market, active inventory, price brackets, and 12-month trends — pulled live from the MLS.

#1 Producing Individual Realtor — Antelope Valley

Only large teams outsell Mike Watson · Keller Williams Realty

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