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40739 Melrose Drive 248, Temecula, California 92591, Temecula, 92591 - 3 bed, 3 bath

40739 Melrose Drive 248, Temecula, California 92591 home-pic-0
ACTIVE$610,000
40739 Melrose Drive 248, Temecula, California 92591
3Beds
3Baths
1,698Sqft
848Lot
Year Built
2023
Close
-
List price
$610K
Original List price
$630K
Price/Sqft
$359
HOA
$280
Days on market
-
Sold On
-
MLS number
SW25153924
Home ConditionExcellent
Features
ViewNeighborhood

About this home

We found 3 Cons,5 Pros. Rank: price - $610.0K(78th), sqft - 1698(56th), beds - 3(50th), baths - 3(50th).

Turnkey 3-Story Townhome in Heirloom Farms – Built in 2023 VA assumable loan! Welcome to this beautifully upgraded, move-in-ready townhome located in Temecula’s sought-after Heirloom Farms community. Built in 2023, this energy-efficient 3-story home offers 3 bedrooms, 2.5 bathrooms, and approximately 1,698 sq. ft. of well-designed living space. The first floor features a flexible bonus room—perfect for a home office, guest room, or play area. Upstairs, enjoy an open-concept main level with new carpet, abundant natural light, and a spacious kitchen and living area ideal for entertaining. This home was constructed with the builder’s highest upgrade package and includes paid solar and all appliances—refrigerator, washer, and dryer—are included. A private landscaped patio offers space to relax, and the attached 2-car garage. Located in the top-rated Temecula Valley Unified School District, Heirloom Farms features resort-style amenities such as a pool, spa, clubhouse, playgrounds, and scenic walking trails. Schedule your private showing today—this one won’t last!

Price History

Date
Event
Price
08/13/25
Price Change
$610,000-1.6%
08/06/25
$620,000
07/17/25
$630,000
Condition Rating
Excellent
This property was built in 2023, making it virtually brand new. The description states it's 'turnkey,' 'move-in ready,' and was built with the 'builder’s highest upgrade package,' including paid solar and all appliances. Images confirm a modern aesthetic with white shaker cabinets, light countertops, subway tile backsplash, and stainless steel appliances in the kitchen. Bathrooms feature similar modern vanities and tiled showers. Flooring is a mix of new wood-look LVP and clean carpets. All systems and finishes are new, meeting current quality standards with no visible deferred maintenance.
Pros & Cons

Pros

New Construction & Turnkey: Built in 2023, this home is brand new, energy-efficient, and offered in a turnkey, move-in-ready condition, minimizing immediate maintenance or renovation needs for the buyer.
Financial Incentives: The availability of a VA assumable loan and already paid solar panels offers significant financial advantages, reducing both initial financing hurdles and long-term utility costs.
Premium Upgrades & Inclusions: Constructed with the builder's highest upgrade package and including all major appliances (refrigerator, washer, dryer), the property offers enhanced finishes and immediate convenience.
Resort-Style Community Amenities: The Heirloom Farms community provides desirable resort-style amenities such as a pool, spa, clubhouse, playgrounds, and walking trails, enhancing the lifestyle appeal.
Top-Rated School District: Located within the highly-regarded Temecula Valley Unified School District, this property is particularly attractive to families prioritizing quality education.

Cons

Townhome Structure & Limited Private Outdoor Space: As a 3-story townhome with a small 848 sqft lot, it may not appeal to buyers seeking a traditional single-family home with a larger private yard or single-level living.
Monthly Association Fees: The $280 monthly association fee adds a recurring cost to homeownership, which can be a consideration for budget-conscious buyers.
Recent Price Reductions: The property has undergone multiple price reductions from its original list price, which could indicate initial overpricing or a slower-than-expected market response.

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