Mike Watson, Realtor

Mike Watson

Call or Text(661) 733-2196
ActiveSingleFamilyResidence

1220 Hillcrest Avenue

Pasadena, CA, 91106

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$19,998,000

MLS: P1-25822

Beds

5

Baths

13

Sq Ft

15,533

Lot

5.00 ac

Year Built

1928

MLS #

P1-25822

Days on Market

21

Listed

Feb 11, 2026

Description

The finest work of renowned architect Reginald D. Johnson, this majestic 1928 Monterey Colonial estate is set on five acres in the heart of Pasadena.The Bauer/Cannell Estate & Gardens represents the union of architectural and horticultural artistry. .Owned by only two families over its 96-year history, the estate was designated in the City of Pasadena survey of Historic Gardens and is recognized as a contributing property in the proposed National Register Historic District. Most recently, the property was selected as the 2025 Pasadena Showcase House of Design in which 30 top designers remodeled and redesigned the estate for a month-long celebration of philanthropic events.The estate's grounds unfold like a private park, with sweeping lawns and paths through stately oaks, olive trees, and rose gardens. The main terrace overlooks a sparkling pool and pool house, while a canopy of trees opens to a north-south tennis court below. A sweeping circular drive leads to a motor court with a ten car garage and guest house. Inside, the residence offers 18 grandly scaled rooms, ten of which feature wood-burning fireplaces. Original architectural details have been beautifully restored alongside thoughtful modern updates. Steeped in history yet designed for gracious living, the Bauer/Cannell Estate & Gardens stands as a landmark of Pasadena's architectural and cultural heritage,a once-in-a-generation offering in one of the city's most distinguished neighborhoods.

Location

Pasadena, Los Angeles County, CA 91106

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Listed by: Ted Clark · COMPASS

Payment estimate

$139,215

/ month (est.)

Principal, interest, taxes, and insurance + PMI. Down payment: $1,999,800 · Loan: $17,998,200

%
Principal & Interest
$110,584
Property tax (1.25%)
$20,831
Homeowners insurance
$300
Mortgage insurance
$7,499
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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 Pasadena home with as little as 3.5% down using an FHA loan — roughly $699,930 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

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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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