591 Devonwood
Altadena, CA, 91001
$1,548,000
MLS: AR25237542
Beds
4
Baths
3
Sq Ft
2,310
Lot
0.65 ac
Year Built
2005
MLS #
AR25237542
Days on Market
104
Listed
Oct 16, 2025
Description
ASSUMABLE 2.625% LOAN! A Letter from the Owner - If you have the good fortune of being the next owner of this home, I hope you’ll love it as deeply as I have. When I first saw this house nestled in the quiet hills, I knew it was something special. It felt peaceful, safe, and alive all at once …a mountain retreat where time slows down and beauty stretches for miles. The outdoor kitchen quickly became my favorite gathering place. Mornings begin with coffee as the sun climbs over the mountains, and evenings end with dinner beneath a sky filled with color that fades into a sea of city lights. On the Fourth of July, fireworks sparkle from Dodger Stadium to the Rose Bowl, a show that feels like it was made just for this view. Nature has a voice here. You’ll often see deer wandering across the hills just above the property, hear owls calling at night, and on certain days catch the sun’s reflection glimmering on the Pacific Ocean in the distance. The sunsets from the upper deck are breathtaking, each one a quiet masterpiece that makes you stop and simply watch. When I bought this home just a few years ago, I invested in all-new flooring, fresh interior paint, a new fireplace in the master bedroom, and a beautifully tiled shower with instant hot water and three shower heads. I also added a new roof. The only reason I’m leaving now is because I’m getting older and need to be closer to my three sons. The VA loan on this home, at just 2.6%, can be transferred to the next buyer. It’s a rare opportunity that will save you thousands each month. If you’d like to know more, feel free to reach out through the realtor. My hope is that the next owner will feel the same sense of peace, gratitude, and wonder that I’ve felt living here. - Warmly, The Proud Owner
Location
Altadena, Los Angeles County, CA 91001
Open on Google Maps ↗Listed by: Robby Moon · Moon Realty
Payment estimate
$11,053
/ month (est.)
Principal, interest, taxes, and insurance + PMI. Down payment: $154,800 · Loan: $1,393,200
- Principal & Interest
- $8,560
- Property tax (1.25%)
- $1,613
- Homeowners insurance
- $300
- Mortgage insurance
- $581
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 Altadena home with as little as 3.5% down using an FHA loan — roughly $54,180 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.
Assumable Loan — Lock In a Below-Market Rate＋
This Altadena property has an assumable mortgage, meaning a qualified buyer can take over the existing loan at its current interest rate — potentially far below today's market rates. Assumable financing can dramatically reduce your monthly payment and total interest cost over the life of the loan compared to qualifying for a new mortgage at prevailing rates. This is a rare and significant financial advantage; ask your agent for the current loan details.
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