509 Palmetto Drive
Pasadena, CA, 91105
$3,899,000
MLS: P1-26305
Beds
4
Baths
4
Sq Ft
3,950
Lot
0.24 ac
Year Built
1904
MLS #
P1-26305
Days on Market
35
Listed
Mar 18, 2026
Description
This captivating farmhouse-style residence, built shortly after the turn of the century, is situated on one of West Pasadena's most prestigious estate streets and showcases many architectural details of the era. The dramatic living room features 25-foot vaulted ceilings, a commanding fireplace, and streams of natural light through period diamond-paned windows.The dining room and butler's pantry are complete with custom built-in cabinetry, adding both charm and functionality. The generous floor plan offers four bedrooms, including a spacious primary suite with soaring ceilings and serene treetop views. An office adjacent to the living room offers a convenient workspace or library.The kitchen and family room flow seamlessly to a rear patio, creating an ideal setting for indoor-outdoor entertaining. The grounds offer a private garden setting with mature trees, natural landscaping, and towering verdant hedges. A distinctive river rock motif is carried throughout the property, from the low river rock wall and welcoming front steps leading to the expansive porch to the outdoor fireplace and spa with river rock detailing in the backyard.The garage currently serves as a large bonus room with a finished second-floor loft, providing ample storage and includes a split air system.
Location
Pasadena, Los Angeles County, CA 91105
Open on Google Maps ↗Listed by: Vicky Botsford · COMPASS
Payment estimate
$27,384
/ month (est.)
Principal, interest, taxes, and insurance + PMI. Down payment: $389,900 · Loan: $3,509,100
- Principal & Interest
- $21,561
- Property tax (1.25%)
- $4,061
- Homeowners insurance
- $300
- Mortgage insurance
- $1,462
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 $136,465 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
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