Mike Watson, Realtor

Mike Watson

Call or Text(661) 733-2196
PendingSingleFamilyResidence

940 Cornell Road

Pasadena, CA, 91106

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$1,800,000

MLS: P1-26116

Beds

3

Baths

2

Sq Ft

2,047

Lot

0.17 ac

Year Built

1925

MLS #

P1-26116

Days on Market

39

Listed

Mar 5, 2026

Description

On a verdant, corner lot in Pasadena's charming and historic Tournament Fields Landmark District, 940 Cornell Road offers an enticing blend of comfort, beauty, and convenience. If you've been searching for the perfect opportunity to renovate, build equity, and bring your dream home to life all at the same time, look no further! Privacy hedges wrap around the front yard, creating a peaceful and secluded sanctuary that's entirely your own. Once inside, the home's beautiful layout unfolds with a sense of ease and casual elegance while Spanish Revival influences add rich character. Arched French doors and doorways, wrought iron details, and barrel-vault ceilings create a timeless sense of craftsmanship and architectural beauty. The spacious living room is bright and welcoming with four sets of French doors that invite an abundance of light. A serene, enclosed patio includes an entire wall of windows, blurring the lines between indoors and out. The dining room, with its subtle tray ceiling, offers distinguished character and a beautiful setting to enjoy special meals with loved ones. Nearby, the kitchen features a spacious layout and a pantry for extra convenience. Completing the main level, find a generous bedroom and bathroom while upstairs, two additional bright and cheerful bedrooms share a full bathroom. You'll savor the home's lush and peaceful outdoor areas year-round with a large stone patio in the back, tailor made for al fresco dining, and a sun-dappled wraparound yard perfect for play, garden parties, and gently swaying on a hammock during lazy, temperate afternoons. With a detached 2 car garage that can easily be converted into a large bonus space, 940 Cornell Road is brimming with opportunity!

Location

Pasadena, Los Angeles County, CA 91106

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Listed by: Evangelyn Lin · eXp Realty of California, Inc.

Payment estimate

$12,804

/ month (est.)

Principal, interest, taxes, and insurance + PMI. Down payment: $180,000 · Loan: $1,620,000

%
Principal & Interest
$9,954
Property tax (1.25%)
$1,875
Homeowners insurance
$300
Mortgage insurance
$675
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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 $63,000 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

See Pasadena, CA 91106 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

Only large teams outsell Mike Watson · Keller Williams Realty

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