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She was 80.
"It is with a heavy heart that I confirm the passing of my beloved mom Jessica," her daughter, Brooke Bowman, said in a statement. "A working actor for over six decades, her greatest pleasure was bringing joy to others through her storytelling both on screen and off. While her legacy will live on through her body of work, she will also be remembered by many for her wit, class and overall joie de vivre."
Born in New York City, Walter was a force on both stage and screen.
Her roles encompassed everything from the films "Grand Prix" and the Clint Eastwood directorial debut "Play Misty for Me" to several Broadway productions, including "Photo Finish," which won her the Clarence Derwent Awards in 1963 for Outstanding Debut Broadway Performance .
Walter won an Emmy in 1975 for her starring role in the NBC series "Amy Prentiss," a drama about a young San Francisco police detective whose career catapults quickly. The show was a spinoff of the then very popular series, "Ironside."
She appeared in numerous other television series over the years, including "Trapper John M..D." and "Streets of San Francisco," which earned her Emmy nominations.
But it was her recent turn as Lucille Bluth on the cult classic series "Arrested Development" and as the voice of Malory Archer on the animated series "Archer" that expanded Walter's fan base and earned her more award nominations.
Tributes to Walter poured in Thursday on social media.
"I consider myself privileged and very lucky to have been able to work with her," he wrote. "Lucille Bluth is one of TV's greatest characters."
FX provided CNN with a statement from Adam Reed, creator and executive producer of "Archer."
"The Archer family is heartbroken to lose Jessica Walter, our beloved colleague and friend," the statement read. "Jessica was a consummate professional, an actor's actor, and the exact opposite of Malory Archer -- warm, caring, and kind, with an absolutely cracking sense of humor -- and it was both a privilege and a true honor to work with her over these many years. She will be greatly missed, but never forgotten."