Mike Watson, Realtor

Mike Watson

Call or Text(661) 733-2196
ActiveSingleFamilyResidence

515 W Le Roy Avenue

Arcadia, CA, 91007

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$3,880,000

MLS: WS26036273

Beds

7

Baths

9

Sq Ft

6,654

Lot

0.44 ac

Year Built

1998

MLS #

WS26036273

Days on Market

60

Listed

Feb 17, 2026

Description

Welcome to this luxurious custom-built home located in one of Arcadia’s most prestigious neighborhoods. Sitting on a nearly 20,000 sq.ft. lot, this south-facing estate offers 7 en-suite bedrooms, 8.5 bathrooms, and approximately 6,654 sq.ft. of refined living space designed for both comfort and grandeur. Upon entry, you are greeted by a soaring high ceiling adorned with a magnificent crystal chandelier, setting the tone for the sophistication throughout. The spacious formal living room with a cozy fireplace flows seamlessly into the elegant formal dining room—perfect for entertaining and family gatherings. The open-concept kitchen is a chef’s dream, equipped with professional-grade appliances, a large center island, and a bright breakfast area. Adjacent to the kitchen is a warm and inviting family room featuring a wet bar and French doors that enhance natural light and indoor-outdoor flow. The main level includes 2 en-suite bedrooms, a library/home office, and a stylish powder room. Upstairs, you’ll find 5 additional en-suite bedrooms, including the expansive primary suite with its own fireplace and French doors leading to a large private balcony. Step outside into a true backyard oasis—complete with a resort-style swimming pool and spa, perfect for both entertaining and everyday relaxation. The lush landscaping provides tranquility and privacy, making this outdoor space a personal retreat. Additional highlights include excellent natural light throughout, high-end finishes, and a thoughtfully designed layout ideal for multigenerational living. Located within the top-rated Arcadia Unified School District and close to parks, dining, shopping, and entertainment. Don’t miss the opportunity to own this exceptional Arcadia estate—schedule your private tour today!

Location

Arcadia, Los Angeles County, CA 91007

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Listed by: JASON WEI · RE/MAX PREMIER/ARCADIA

Payment estimate

$27,252

/ month (est.)

Principal, interest, taxes, and insurance + PMI. Down payment: $388,000 · Loan: $3,492,000

%
Principal & Interest
$21,455
Property tax (1.25%)
$4,042
Homeowners insurance
$300
Mortgage insurance
$1,455
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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 Arcadia home with as little as 3.5% down using an FHA loan — roughly $135,800 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 Arcadia, CA 91007 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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