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40463 Melrose Drive, Temecula, California 92591, Temecula, 92591 - 2 bed, 3 bath

40463 Melrose Drive, Temecula, California 92591 home-pic-0
ACTIVE$519,999
40463 Melrose Drive, Temecula, California 92591
2Beds
3Baths
1,387Sqft
710Lot
Year Built
2024
Close
-
List price
$520K
Original List price
$550K
Price/Sqft
$375
HOA
$280
Days on market
-
Sold On
-
MLS number
IV25238215
Home ConditionExcellent
Features
ViewNeighborhood

About this home

We found 3 Cons,5 Pros. Rank: price - $520.0K(23th), sqft - 1387(23th), beds - 2(17th), baths - 3(50th).

THIS COULD BE YOUR HOME FOR THE HOLIDAYS!! Your GATEWAY into Temecula housing market!!! So What are you waiting for? Sellers Want it Sold! Make an offer! 1st Time Buyers, Welcome to 40463 Melrose Dr in the desirable Heirloom Farms community of Temecula! This beautifully upgraded 3-story condo offers 2 spacious bedrooms, 2.5 bathrooms, and a bright open-concept living space perfect for entertaining. Built in 2025 and move-in ready, the home features granite countertops, prestine grey cabinetry, new flooring, custom window treatments, and PAID SOLAR for energy efficiency. Enjoy a private balcony off the primary bedroom, epoxy-finished 2-car garage, also included are: washer, dryer, and 2 refrigerators. Both bedrooms feature en-suite bathrooms, with a walk-in closet and dual vanity in the primary suite. *** Located near Lake Harveston, wineries, shopping, top-rated schools, and the I-15. Community amenities include a resort-style pool, spa, clubhouse, BBQ areas, parks, and zipline. **PLEASE DOWNLOAD THE SUPPLEMENT WITH ITS AMENITIES** **Move-in ready! Sellers Want it Sold! Make us an offer now!

Price History

Date
Event
Price
11/08/25
Price Change
$519,999-3.7%
10/25/25
Price Change
$539,820-1.8%
10/18/25
Listing
$549,820
Condition Rating
Excellent
This property was built in 2024/2025, making it a brand-new construction. The listing explicitly states it's 'move-in ready' and 'beautifully upgraded.' The images confirm a modern aesthetic throughout, featuring pristine grey cabinetry, granite countertops, and stainless steel appliances in the kitchen. Bathrooms showcase contemporary vanities and fixtures. New flooring, recessed lighting, and the inclusion of a washer, dryer, and two refrigerators further solidify its excellent condition, meeting current quality standards with no deferred maintenance.
Pros & Cons

Pros

New Construction & Modern Condition: Built in 2024/2025 and described as 'move-in ready,' this property offers contemporary design, modern amenities, and minimal immediate maintenance.
Energy Efficiency with Paid Solar: Includes fully paid solar panels, significantly reducing energy costs and enhancing long-term value for the homeowner.
Premium Interior Upgrades & Inclusions: Features granite countertops, pristine grey cabinetry, new flooring, custom window treatments, an epoxy-finished garage, and includes a washer, dryer, and two refrigerators.
Extensive Community Amenities: Residents benefit from resort-style amenities including a pool, spa, clubhouse, BBQ areas, parks, and a zipline, fostering an active and engaging lifestyle.
Desirable Temecula Location: Strategically located near Lake Harveston, renowned wineries, shopping centers, top-rated schools, and convenient freeway access (I-15).

Cons

Condominium Ownership & HOA Dues: As a condominium, it entails a monthly HOA fee of $280 and potential community restrictions, which may not appeal to all buyers seeking full autonomy or larger private land.
Three-Story Configuration: The 3-story layout may present accessibility challenges or be less desirable for buyers with mobility concerns or those preferring single-level living.
Limited Private Outdoor Space: The small 710 sqft lot size, typical for a condo, offers minimal private outdoor area, which could be a drawback for those desiring a yard or more expansive personal outdoor living.

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