40545 Melrose Drive, Temecula, California 92591, Temecula, 92591 - 2 bed, 3 bath

40545 Melrose Drive, Temecula, California 92591 home-pic-0
ACTIVE$495,000
40545 Melrose Drive, Temecula, California 92591
2Beds
3Baths
1,387Sqft
Lot
Year Built
2023
Close
-
List price
$495K
Original List price
$525K
Price/Sqft
$357
HOA
$280
Days on market
-
Sold On
-
MLS number
SW25098538
Home ConditionExcellent
Features
Deck
ViewNeighborhood

About this home

We found 3 Cons,5 Pros. Rank: price - $495.0K(17th), sqft - 1387(50th), beds - 2(39th), baths - 3(50th).

Welcome to 40545 Melrose Drive, a gorgeous 3-story townhome in the desirable Heirloom Farms community, ideally located in the heart of Temecula near Lake Harveston. Lowest priced home in this brand new community, purchase confidently with instant equity! This stunning Sultana Plan 1 offers 2 bedrooms, 2.5 bathrooms, and a perfect blend of style, comfort, and convenience. Built in 2023, this home feels like new - but better - featuring a beautifully landscaped front porch, custom lighting, upgraded window coverings, and fully owned solar panels for maximum energy efficiency. As you enter, you'll find a welcoming foyer with easy access to the garage. Head upstairs to the bright and spacious open-concept living area, designed to maximize natural light. The kitchen is equipped with modern appliances and sleek finishes, making it perfect for both everyday living and entertaining. Plus, the home comes complete with a washer, dryer, and refrigerator, so you can move in with ease. Upstairs, you'll discover two generously sized bedrooms, each with its own en-suite bathroom, offering ultimate privacy and comfort. The spacious primary suite features a walk-in closet and a luxurious bath with dual vanities. Additional highlights include an in-unit laundry area, a private balcony ideal for morning coffee or evening relaxation, and an attached 2-car garage for extra convenience. This home is equipped with top-tier energy-saving features, including spray foam insulation, an advanced thermostat, LED lighting, insulated garage doors, water-efficient faucets, flow-smart showerheads, and a tankless water heater. The fully owned solar panels are a huge plus, providing you with savings on electricity bills while helping to reduce your carbon footprint. Heirloom Farms offers a wealth of amenities, such as a pool, spa, BBQ area, picnic spaces, and multiple parks - plus a fun zipline! Situated just minutes from Temecula’s renowned wineries, the Promenade Temecula Mall, Old Town shops, and top-rated schools in the Temecula Unified School District, this townhome offers a lifestyle of convenience and excitement. With easy access to the I-15 freeway, commuting is a breeze. Whether you're a first-time buyer, downsizing, or an investor, this is an opportunity you won’t want to miss in one of Southern California’s most desirable locations!

Price History

Date
Event
Price
08/04/25
$495,000
05/09/25
$524,595
Condition Rating
Excellent

This property was built in 2023, making it brand new construction. The listing explicitly states it 'feels like new - but better' and highlights modern appliances, sleek finishes, custom lighting, and upgraded window coverings. The images confirm a contemporary design throughout, with a modern kitchen featuring grey shaker cabinets, granite countertops, and stainless steel appliances, and bathrooms with matching vanities and updated fixtures. All components are new, meeting current quality standards with no deferred maintenance.
Pros & Cons

Pros

Brand New Construction & Modern Upgrades: Built in 2023, this townhome features custom lighting, upgraded window coverings, modern appliances, and sleek finishes, offering a move-in ready experience with contemporary style.
Exceptional Energy Efficiency: Equipped with fully owned solar panels, spray foam insulation, an advanced thermostat, LED lighting, insulated garage doors, water-efficient fixtures, and a tankless water heater, significantly reducing utility costs and environmental impact.
Prime Temecula Location: Ideally situated in the heart of Temecula near Lake Harveston, minutes from renowned wineries, the Promenade Mall, Old Town shops, top-rated Temecula Unified schools, and offering easy I-15 freeway access.
Extensive Community Amenities: The Heirloom Farms community provides a wealth of amenities including a pool, spa, BBQ area, picnic spaces, multiple parks, and a fun zipline, enhancing the lifestyle and recreational opportunities for residents.
Strong Value Proposition: Positioned as the lowest-priced home in this brand-new community with a recent price reduction, offering potential for instant equity and a competitive entry point into the desirable Temecula market.

Cons

Townhome Structure & Shared Walls: As a townhome, the property shares walls with neighboring units, which may result in less privacy and potential noise transfer compared to a detached single-family home.
Multi-Story Layout (3-Story): The 3-story design, while offering distinct living zones, may be a drawback for buyers seeking single-level living or those with mobility concerns due to the frequent use of stairs.
Monthly HOA Fees: The $280 monthly association fee, while covering community amenities, adds a recurring cost to homeownership that some buyers might prefer to avoid or find substantial for a 2-bedroom unit.

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