Mike Watson, Realtor

Mike Watson

Call or Text(661) 733-2196
ActiveSingleFamilyResidence

11971 Lockridge Road

Studio City, CA, 91604

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$15,900,000

MLS: 26745233

Beds

7

Baths

10

Sq Ft

10,338

Lot

2.41 ac

Year Built

2002

MLS #

26745233

Days on Market

2

Listed

Apr 16, 2026

Description

1st time available for sale and a remarkable opportunity for a highly-qualified buyer to acquire this double-gated ultra-secluded 2002-built 2sty comfortably elegant manse. Located on the most exclusive gated private road of only 4 homes in Fryman Estates and set on a majestic 2.4 acre (usable) lot with sweeping city/canyon/hilltop/treetop views and a tremendous flat pad. Voluminous scale with super high ceilings, large light-filled rooms, and endless grounds including a fabulous pool/spa and lighted full-size tennis court all taking perfect advantage of the unobstructed views. From the circular motorcourt, one enters through double-doors into the dramatic 2sty dual-staircase skylit foyer leading to a gracious paneled library/office, living room/salon, formal dining room, and huge family room with bar and wine storage. Massive chef's kitchen with breakfast room and walk-in pantry overlooks and opens to the grounds and views. The primary retreat with fantastic views contains a sitting room, bar, fireplace, balcony, sauna, dual luxe neutral baths with large walk-ins. 4 other generous bedroom suites upstairs along with a large secondary open family room. 2 guest bedroom suites downstairs. As a wonderfully functional bonus space, a nearly 500 sq ft gym/studio/office/flex space with separate outdoor and garage entryways exists downstairs. Direct access 3-car garage with EV charger capability. Moments from studios, shopping, dining, entertainment, hiking trails, and all other Studio City amenities, this is the ultimate estate for those demanding grand scale, privacy, and security.

Location

Studio City, Los Angeles County, CA 91604

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Listed by: Michael Libow · Compass

Payment estimate

$110,748

/ month (est.)

Principal, interest, taxes, and insurance + PMI. Down payment: $1,590,000 · Loan: $14,310,000

%
Principal & Interest
$87,923
Property tax (1.25%)
$16,563
Homeowners insurance
$300
Mortgage insurance
$5,963
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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 Studio City home with as little as 3.5% down using an FHA loan — roughly $556,500 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 Studio City, CA 91604 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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