40540 Melrose Drive, Temecula, California 92591, Temecula, 92591 - 3 bed, 3 bath
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Temecula, California 92591
This Modern Turnkey Residence is listed at $699,900, representing a stable market entry aligned with its $694,285 Fair Market Value. Boasting a Mint Condition Rating, this 2022-built home features a Gourmet Granite Kitchen, brand-new flooring, and a state-of-the-art 2025 water filtration system. Residents enjoy a premium lifestyle with Mountain Views and a Resort-Style Pool and Spa within the award-winning Temecula Unified School District. This energy-efficient sanctuary is the perfect fit for a growing family or lifestyle-oriented buyers seeking a polished, move-in-ready transition.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 40540 Melrose Drive Subject | $699,900* List Price | 3 | 3 | 1,851 | $379 | - |
A 40383 Birchfield Drive Sold | $640,000 | 3 | 3 | 1,883 | $340 | 0.1 mi |
B 40083 Annapolis Drive Sold | $750,000 | 3 | 3 | 2,037 | $368 | 0.4 mi |
C 28211 Via Somantano Sold | $716,000 | 4 | 3 | 1,865 | $384 | 0.2 mi |
D 28242 Via Vendimia Sold | $632,000 | 3 | 3 | 1,520 | $416 | 0.2 mi |
E 28250 Via Vendimia Sold | $627,000 | 3 | 3 | 1,402 | $447 | 0.2 mi |
F 28459 Plymouth Way Sold | $723,000 | 3 | 3 | 1,763 | $410 | 0.2 mi |
G 40472 Melrose Active | $689,000 List Price | 3 | 3 | 1,851 | $372 | 0.0 mi |
* Subject property listed price vs sold prices of comps.
Property is new construction or fully renovated.
Built in 2022, this property is less than 10 years old and in mint condition. It features a modern gourmet kitchen with granite countertops and stainless steel appliances, brand-new flooring, and energy-efficient systems including solar and a 2025 water filtration installation.
Built in 2022, this home features recent high-end upgrades including a 2025 water filtration system and brand-new flooring, offering a move-in-ready experience with contemporary finishes.
Situated within the award-winning Temecula Unified School District and in close proximity to Wine Country and shopping, the property holds significant appeal for families and lifestyle-oriented buyers.
The home is constructed with industry-leading energy-efficient features and includes solar power, providing substantial long-term savings on utility bills.
The property includes a $102/month solar lease that the buyer must assume, which may be a drawback for those preferring owned equipment or lower fixed monthly costs.
At 2,879 square feet, the lot is relatively compact, which may limit outdoor activities and privacy compared to older residential properties in the area.
Experience modern living at its finest in the sought-after Valiant collection at Heirloom Farms. This meticulously maintained residence features an open-concept downstairs floor plan perfect for hosting and everyday comfort, brand-new laminate flooring throughout the main level and new plush carpeting upstairs, plus a state-of-the-art water filtration system was professionally installed in 2025. Further inside is the gourmet kitchen that is a chef's delight boasting granite countertops, ample cabinetry, and stainless steel appliances. All bedrooms are conveniently located near the dedicated upstairs laundry room, while the private backyard is designed with relaxation and easy maintenance in mind. Thanks to the high-quality artificial grass that stays lush year-round green without the worries. Residents enjoy resort-style amenities, including a sparkling pool and spa. This home is built with industry-leading energy-efficient features to help save thousands on utility bills (Solar lease: $102/mo). Located in the award-winning Temecula school district, close to shopping, dining, and Wine Country!
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 3.0 | 4.0 | 38% |
| Baths | 3.0 | 3.0 | 50% |
| Square foot | 1,851 | 2,202 | 29% |
| Lot Size | 2,879 | 6,970 | 5% |
| Price | $699.9K | $775.0K | 31% |
| Price per sq ft | $378 | $371 | 55% |
| Built year | 2022 | 2000 | 84% |
| HOA | $145.0 | $137 | 59% |
| Days on market | 41 | 156 | 6% |
May 5, 2026
$699,900
Initial Listing
Mar 30, 2023
$619,000
Public Record