Listed by Michelle Shepherd, Meritage Homes of California, (951) 241-8482 . Bought with Berkshire Hathaway HomeServices California Properties
40337 Melrose Dr
Temecula, CA 92591
- 4 Beds
- 3.5 Baths
- 1,893 sqft
4 Beds
3.5 Baths
1,893 sqft
Home Value
Trulia Estimate
$660KSince last month
Decreased$2K (-0.2%)Since last year
Increased$27K (+4.3%)Since last sale
Increased$61K (+10.3%)Learn more about this home's value by checking out its Trulia Estimate, the value of nearby homes, and how much similar homes have sold for.
Trulia Estimate
The of this home's value increased by +4% in the last 10 years
| Month | Estimated value |
|---|---|
2026 | |
| August 2026 | $658K |
| July 2026 | $659K |
| June 2026 | $660K |
| May 2026 | $660K |
| April 2026 | $660K |
| March 2026 | $662K |
| February 2026 | $663K |
| January 2026 | $588K |
2025 | |
2024 | |
Comparable sales
These are recently sold homes that have a similar location or other similar features to this home, like bedrooms, bathrooms, and square footage. Get a sense of the expected prices in the area by viewing these homes.Address | Distance | Property Type | Sold Price | Sold Date | Bed | Bath | Sqft |
|---|---|---|---|---|---|---|---|
0.05 | Townhouse | $605,000 | 09/29/25 | 4 | 3.5 | 1,893 | |
0.08 | Townhouse | $610,000 | 09/19/25 | 4 | 3.5 | 1,893 | |
0.10 | Townhouse | $599,000 | 12/12/25 | 4 | 2.5 | 1,714 | |
0.13 | Townhouse | $610,000 | 05/01/26 | 4 | 3.5 | 2,105 | |
0.08 | Townhouse | $565,000 | 08/29/25 | 3 | 2.5 | 1,698 | |
0.13 | Townhouse | $600,000 | 08/13/26 | 4 | 2.5 | 1,714 | |
0.08 | Townhouse | $499,000 | 09/04/25 | 2 | 2.5 | 1,387 | |
0.50 | Townhouse | $550,000 | 01/21/26 | 3 | 2.5 | 1,896 | |
0.15 | Townhouse | $500,000 | 11/19/25 | 2 | 2.5 | 1,387 | |
0.51 | Townhouse | $540,000 | 11/20/25 | 3 | 2.5 | 1,896 |
Nearby home prices
Get a sense of expected prices in the area by checking the value of nearby homes.Address | Distance | Price | Bed | Bath | Sqft | Status |
|---|---|---|---|---|---|---|
0.04 | $601,200 | 4 | 3.5 | 1,869 | Off Market | |
0.04 | $516,800 | 2 | 2.5 | 1,387 | Off Market | |
0.02 | $552,200 | 3 | 2.5 | 1,698 | Off Market | |
0.01 | $505,200 | 2 | 2.5 | 1,387 | Off Market | |
0.04 | $588,000 | 2 | 2.5 | 1,387 | For Sale | |
0.05 | $543,000 | 2 | 2.5 | 1,387 | Off Market | |
0.02 | $490,000 | 2 | 2.5 | 1,387 | For Sale | |
0.05 | $512,800 | 2 | 2.5 | 1,387 | Off Market | |
0.07 | $586,000 | 3 | 2.5 | 1,698 | Off Market | |
0.07 | $640,000 | 3 | 2.5 | 1,883 | Recently Sold | |
0.07 | $623,400 | 4 | 3.5 | 1,893 | Off Market |
Local Information
-- mins to
Home Highlights
Property Type
Townhouse
Year Built
2024
Living Area
1,893 sqft
Price/Sqft
$348
Parking
2 Car Garage
HOA
$280/Monthly
About this House
Brand new, energy-efficient home available by Jun 2024! Photos are of builder model home. Use the first-floor bedroom to house family and/or guests, complete with a full bathroom and walk-in closet. Spend family dinner together in the dining room while enjoying the breeze from the spacious deck. Turnkey homes available for Quick Move-In! Sultana at Heirloom Farms is now selling with designer-decorated model homes. This three-story townhome community offers homeowners outdoor living spaces, amenities for the whole family, and located in the award-winning Temecula Valley Unified School District. We also build each home with innovative, energy-efficient features that cut down on utility bills so you can afford to do more living.* Each of our homes is built with innovative, energy-efficient features designed to help you enjoy more savings, better health, real comfort and peace of mind.
40337 Melrose Dr, Temecula, CA 92591 is a 4 bedroom, 4 bathroom, 1,893 sqft townhouse built in 2024. It last sold for $596,500 on Sep 27, 2024 (6% below the $633,511 asking price). It is currently off market. The Trulia Estimate is $659,500, with a rent estimate of $3,370/month.
Home Details for 40337 Melrose Dr
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Interior Details Number of Rooms: 4Types of Rooms: Bathroom, Kitchen, Pantry |
Beds & Baths Number of Bedrooms: 4Main Level Bedrooms: 1Number of Bathrooms: 4Number of Bathrooms (full): 3Number of Bathrooms (half): 1Number of Bathrooms (main level): 1 |
Dimensions and Layout Living Area: 1893 Square Feet |
Appliances & Utilities Appliances: Dishwasher, ENERGY STAR Qualified Appliances, ENERGY STAR Qualified Water Heater, Free-Standing Range, Disposal, Microwave, Self Cleaning Oven, Tankless Water Heater, Water HeaterDishwasherDisposalLaundry: Washer Hookup,Gas Dryer Hookup,StackedMicrowave |
Heating & Cooling Has CoolingAir Conditioning: Central Air,ENERGY STAR Qualified Equipment,High Efficiency,Zoned |
Fireplace & Spa Fireplace: NoneSpa: Association, CommunityNo FireplaceHas a Spa |
Windows, Doors, Floors & Walls Window: Double Pane Windows, ENERGY STAR Qualified WindowsDoor: Panel DoorsFlooring: Carpet, Laminate, VinylCommon Walls: 1 Common Wall |
Levels, Entrance, & Accessibility Stories: 3Number of Stories: 3Levels: Three Or MoreEntry Location: 1Floors: Carpet, Laminate, Vinyl |
View Has a ViewView: Neighborhood |
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Exterior Home Features Roof: ConcreteFoundation: SlabNo Private Pool |
Parking & Garage Number of Garage Spaces: 2Number of Covered Spaces: 2Has a GarageHas an Attached GarageParking Spaces: 2Parking: Direct Access,Garage |
Pool Pool: Community, Association |
Frontage Road Frontage: City StreetRoad Surface Type: PavedNot on Waterfront |
Water & Sewer Sewer: Public Sewer |
Surface & Elevation Elevation Units: Feet |
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Cumulative Days on Market: 3 |
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Year Built Year Built: 2024 |
Property Type / Style Property Type: ResidentialProperty Subtype: TownhouseStructure Type: Multi FamilyArchitecture: Multi Family |
Building Construction Materials: Spray Foam Insulation, StuccoIs a New ConstructionAttached To Another StructureNo Additional Parcels |
Property Information Included in Sale: live now design package and M Connect |
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Price List Price: $633,511 |
Status Change & Dates Off Market Date: Fri Jul 12 2024Possession Timing: Close Of Escrow |
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MLS Status: Closed |
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Direction & Address City: Temecula |
School Information High School: ChaparralHigh School District: Temecula Unified |
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Building Details Builder Model: Residence 3Builder Name: Meritage Homes |
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Community Features: Curbs, Dog Park, Park, Street Lights, Sidewalks, PoolNot Senior CommunityUnits in Building: 150 |
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HOA Name: Heirloom Farms HOAHOA Phone: 855-403-3852Association for this Listing: California Regional MLSHas an HOAHOA Fee: $280/Monthly |
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Lot Area: 1306.8 sqft |
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Special Conditions: Standard |
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Listing Terms: Cash, Conventional, Cal Vet Loan, 1031 Exchange, FHA, Fannie Mae, VA Loan |
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Energy Efficiency Features: Construction, HVAC, Incentives, Insulation, Lighting, Thermostat, Windows, Appliances, Water Heater |
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Mls Number: OC24138869Living Area Range Units: Square FeetAttribution Contact: 951-241-8482Common Interest: Condominium |
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HOA Amenities: Picnic Area,Playground,Pool,Spa/Hot Tub |
Price and Tax history
| Date | Event | Price |
|---|---|---|
Sep 27, 2024 Source: N/A | Sold | $596,500 |
Aug 19, 2024 Source: CRMLS #OC24138869 | Sold | $633,511 |
Jul 12, 2024 Source: CRMLS #OC24138869 | Pending | $633,511 |
Jul 9, 2024 Source: CRMLS #OC24138869 | Listed For Sale | $633,511 |
Market trends in Temecula
Last updated July 2026
Avg. sale price
$769K
$13.33KMoM
Sale-to-List Price
100.0%
Price per sq ft
$360
$2MoM
Available listings
566
21MoM
Around this home
What Locals Say about Temecula
At least 923 Trulia users voted on each feature.
91 % Say it's dog friendly
89 % Say car is needed
86 % Say there are sidewalks
83 % Say there's holiday spirit
79 % Say yards are well-kept
79 % Say parking is easy
76 % Say streets are well-lit
72 % Say kids play outside
71 % Say people would walk alone at night
68 % Say it's quiet
55 % Say it's walkable to grocery stores
55 % Say they plan to stay for at least 5 years
54 % Say neighbors are friendly
50 % Say there's wildlife
48 % Say it's walkable to restaurants
35 % Say there are community events
Sourced by Trulia users. Learn more about our methodology.
LGBTQ Local Legal Protections
LGBTQ Local Legal Protections

The multiple listing data appearing on this website, or contained in reports produced therefrom, is owned and copyrighted by California Regional Multiple Listing Service, Inc. ("CRMLS") and is protected by all applicable copyright laws. Information provided is for viewer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties the viewer may be interested in purchasing. All listing data, including but not limited to square footage and lot size is believed to be accurate, but the listing Agent, listing Broker and CRMLS and its affiliates do not warrant or guarantee such accuracy. The viewer should independently verify the listed data prior to making any decisions based on such information by personal inspection and/or contacting a real estate professional.
Based on information from California Regional Multiple Listing Service, Inc. as of 2026-08-22 10:37:50 PDT and /or other sources. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information
Based on information from California Regional Multiple Listing Service, Inc. as of 2026-08-22 10:37:50 PDT and /or other sources. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information
Frequently asked questions about 40337 Melrose Dr
- What is 40337 Melrose Dr estimated to be worth?Trulia's estimated value for 40337 Melrose Dr in Temecula, CA is $659,500.
- What is the price history for 40337 Melrose Dr?40337 Melrose Dr in Temecula, CA last sold for $596,500 in September 2024.
- Is Temecula a buyer's or seller's market?Temecula is currently a seller's market, based on recent for-sale activity.
- What's the median sale price in Temecula?The median sale price in Temecula is $769K. That is down $13.33K from the prior month.
- Does 40337 Melrose Dr have air conditioning?Yes, 40337 Melrose Dr in Temecula, CA has air conditioning.
- Does 40337 Melrose Dr have a pool?Yes, 40337 Melrose Dr in Temecula, CA has a pool.