Mike Watson, Realtor

Mike Watson

Call or Text(661) 733-2196
ActiveSingleFamilyResidence

1087 Moraga Drive

Los Angeles, CA, 90049

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$6,995,000

MLS: 26708277

Beds

3

Baths

5

Sq Ft

3,948

Lot

0.55 ac

Year Built

1959

MLS #

26708277

Days on Market

8

Listed

Apr 13, 2026

Description

Recently reimagined with a focus on materiality, light, and flow, this refined mid-century residence offers a quiet, design-forward retreat framed by lush, zen-inspired grounds by landscape architects Garett Carlson and Mark Levine. Beyond a gated entry, Venetian plaster walls and expansive floor-to-ceiling glass create a soft interplay of light and shadow throughout, while the formal living room anchored by a striking bronze mirror fireplace, opens entirely to the outdoors -- blurring the line between architecture and landscape. The kitchen balances precision and restraint with a full suite of Miele appliances, Wolf range, custom cabinetry, and stone surfaces, complemented by a glassware showcase and bar that flows into a secondary living area. A dedicated wine lounge with full bath, sculptural powder room, and separate laundry complete the interior, all designed for seamless indoor-outdoor living. Outside, a series of curated spaces unfold from the pool and spa to the alfresco kitchen, dining deck, and fire pit lounge set within layered greenery for complete privacy. The primary suite opens directly to the grounds and features a dramatic two-level dressing room and spa-like bath with Italian onyx vanities and rainfall shower, while a secondary suite and flexible third room offer versatility. Fully updated between 2020 and 2023 with new systems, solar, and HVAC, the home is a cohesive expression of modern comfort and timeless design.

Location

Los Angeles, Los Angeles County, CA 90049

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Listed by: James Harris · Carolwood Estates

Payment estimate

$48,890

/ month (est.)

Principal, interest, taxes, and insurance + PMI. Down payment: $699,500 · Loan: $6,295,500

%
Principal & Interest
$38,681
Property tax (1.25%)
$7,286
Homeowners insurance
$300
Mortgage insurance
$2,623
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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 Los Angeles home with as little as 3.5% down using an FHA loan — roughly $244,825 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.

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Local Market Stats

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

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