240 Palmetto Drive
Pasadena, CA, 91105
$1,595,000
MLS: 26105174
Beds
3
Baths
3
Sq Ft
1,944
Lot
1.76 ac
Year Built
1975
MLS #
26105174
Days on Market
8
Listed
Oct 31, 2026
Description
Welcome to The Atherton. This stately complex, tucked away off Orange Grove, feels like an oasis. 240 Palmetto is a ground-floor condominium that lives like a detached, freestanding home. With no shared walls, the spacious interior is bathed in natural light and framed by lush garden views. A traditional entry opens to a generous living room with a gas fireplace and an elegant formal dining room with a sparkling chandelier, both showcasing rich hardwood floors and crown moldings. The gourmet kitchen is styled with black granite countertops and stainless steel appliances. A family room/library with custom shelving leads to a generous private patio. Down the hall, past a guest powder room and a dedicated laundry alcove, the primary suite has its own patio access and features dual closets and a refined bath with a double vanity. Two additional bedrooms share a full bath. A second private patio is located off the bedroom currently used as an office. Characterized by stylish glass doors and custom window shutters, the residence pairs indoor comfort with the serenity of park-like grounds. Residents enjoy a secure, gated entry with a circular motor court, a sparkling pool, a spa, and a verdant central courtyard. Two subterranean parking spaces and private storage complete this tranquil, light-filled retreat.
Location
Pasadena, Los Angeles County, CA 91105
Open on Google Maps ↗Listed by: Kristin Fox · Compass
Listing information is provided courtesy of the Greater Antelope Valley Association of Realtors (GAVAR) and California Regional MLS (CRMLS). Information is deemed reliable but not guaranteed accurate by the MLS or by Mike Watson. All data, including square footage, lot size, room count, permits, and school assignment, should be independently verified. Properties shown may be listed by brokerages other than Keller Williams Realty. Listings are subject to prior sale, change, or withdrawal without notice.
Payment estimate
$13,308
/ month (est.)
Principal, interest, taxes, and insurance + PMI + HOA. Down payment: $159,500 · Loan: $1,435,500
Average 30-yr fixed rate 7.18% as of Nov 5, 2026 (Freddie Mac PMMS). Adjust to your quote.
- Principal & Interest
- $9,725
- Property tax (1.25%)
- $1,661
- Homeowners insurance
- $300
- Mortgage insurance
- $598
- HOA dues
- $1,024
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 Nov 5, 2026
- 30-year fixed
- 7.18%
- 15-year fixed
- 6.57%
Source: Freddie Mac Primary Mortgage Market Survey (PMMS). Updated weekly.
About the area · Mike Watson
About the Antelope Valley
The Antelope Valley spans Lancaster, Palmdale, Quartz Hill, Rosamond, Lake Los Angeles, California City, Edwards AFB, and the Plant 42 aerospace corridor. Mike Watson is a lifelong AV resident and the #1 producing individual Realtor in the region by transaction count. Every active listing on this site is paired with a free market analysis tailored to the specific street, honest financing guidance (FHA, VA, USDA, CalHFA, conventional, and assumable loans where the financing supports it), and side-by-side comparisons against the rest of the active inventory in your target ZIP.
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 $55,825 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.
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Local Market Stats
See Pasadena, CA 91105 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
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