40521 Melrose Drive, Temecula, California 92591, Temecula, 92591 - 4 bed, 4 bath
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Temecula, California 92591
This Modern 2023-Built Townhome is a Strong Value Opportunity, listed at $620,000—positioned well below the $654,616 Fair Market Value by 5%. This valuation gap provides $34,616 in Instant Equity for the incoming buyer. Boasting a Mint Condition Rating, the residence features Paid Solar, EV Charging Readiness, and a Private First-Floor Suite ideal for multi-generational living. Located in the premier Temecula Unified School District with a Professionally Landscaped Patio, it balances high-end efficiency with lifestyle convenience. This is an exceptional acquisition for Owner-Occupants or Buy-and-Hold Investors.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 40521 Melrose Drive Subject | $615,000* List Price | 4 | 4 | 1,893 | $328 | - |
A 40709 Melrose Drive Sold | $610,000 | 4 | 4 | 2,105 | $290 | 0.1 mi |
B 40364 Birchfield Drive 15 Sold | $599,000 | 4 | 3 | 1,714 | $349 | 0.1 mi |
C 40545 Melrose Drive Sold | $495,000 | 2 | 3 | 1,387 | $357 | 0.0 mi |
D 28246 Heirloom Active | $600,000 List Price | 4 | 3 | 1,714 | $350 | 0.1 mi |
* Subject property listed price vs sold prices of comps.
Property is new construction or fully renovated.
Built in 2023, this home is in mint condition and falls well within the <10-year age bracket. It features top-tier builder upgrades, a modern kitchen with stainless appliances, contemporary bathrooms, and updated systems including paid solar and EV charging readiness.
The property features fully paid solar panels and is pre-wired for a 40-amp EV charger, offering significant long-term utility savings and future-ready convenience for electric vehicle owners.
Built in 2023 with the builder’s highest upgrade package, this home includes EVP flooring, a whole-house water softener, and all major appliances, ensuring a seamless move-in experience.
The floor plan includes a private first-floor bedroom with an en-suite full bathroom and walk-in closet, providing an ideal setup for guests, extended family, or a secluded home office.
The three-story townhouse configuration requires frequent use of stairs, which may be a drawback for buyers with mobility concerns or those preferring a more traditional horizontal flow.
The monthly association fee of $331 adds a fixed cost to the ownership budget, which may impact affordability for some buyers compared to single-family homes without such fees.
PAID SOLAR | APPLIANCES INCLUDED | WATER SOFTENER | TOP TIER UPGRADES | EV READY Located in the desirable Heirloom Farms community of Temecula, this move in ready 3 story townhome offers a perfect blend of modern upgrades, energy efficiency, and flexible living space. Featuring 4 bedrooms and 3.5 bathrooms, the layout includes a private first floor bedroom with its own full bathroom and walk in closet, making it ideal for guests, extended family, or a separate living setup. This home is equipped with paid solar, a whole house water softener, and premium EVP flooring throughout. All major appliances are included, including the washer, dryer, and refrigerator, making this a truly turnkey opportunity. Step outside to a professionally landscaped patio designed for easy maintenance and everyday enjoyment. Inside, you will find finishes from the builder’s highest upgrade package, offering a clean, modern look carried throughout the home. The property is also prewired for a 40 amp EV charger, adding future ready convenience. Positioned within the highly regarded Temecula Valley Unified School District, the community offers access to parks, walking trails, and a welcoming neighborhood environment. A well rounded home that combines efficiency, style, and location. Reach out to schedule your private tour.
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 4.0 | 3.0 | 75% |
| Baths | 4.0 | 3.0 | 75% |
| Square foot | 1,893 | 1,651 | 75% |
| Lot Size | 1,307 | - | 88% |
| Price | $615.0K | $582.5K | 63% |
| Price per sq ft | $325 | $350 | 25% |
| Built year | 2023 | 2023 | 50% |
| HOA | $331.0 | $280 | 63% |
| Days on market | 39 | 145 | 13% |
Jun 10, 2026
$615,000
$620,000
-1% Price Drop
Initial Listing
May 6, 2026
$620,000
Initial Listing
Apr 25, 2023
$595,000
Public Record