Here we report the first structure of a mammalian 15-lipoxygenase, The protein is composed of two domains; a catalytic domain and a previously unrecognized beta-barrel domain, The N-terminal beta-barrel domain has topological and sequence identity to a domain in the mammalian lipases, suggesting that these domains may have similar functions in vivo, Within the C-terminal domain, the lipoxygenase substrate binding site is a hydrophobic pocket defined by a bound inhibitor, Arachidonic acid can be docked into this deep hydrophobic pocket with the methyl end extending down into the bottom of the pocket and the acid end tethered by a conserved basic residue on the surface of the enzyme, This structure provides a unifying hypothesis for the positional specificity of mammalian lipoxygenases.