40355 Melrose Dr, Temecula, CA 92591
OFF MARKET
Listed by Michelle Shepherd, Meritage Homes of California, (951) 241-8482 . Bought with NONMEMBER MRML

40355 Melrose Dr
Temecula, CA 92591

  • 2 Beds
  • 2.5 Baths
  • 1,387 sqft

$507,600

Trulia Estimate
as of Aug 19, 2026
Est. Refi. Payment $3,134/mo*
Refinance Your Home

$507,600

Trulia Estimate
as of Aug 19, 2026
Est. Refi. Payment $3,134/mo*
Refinance Your Home
2 Beds
2.5 Baths
1,387 sqft

Home Value

Trulia Estimate
$508K
Since last month
Decreased$7K (-1.3%)
Since last year
Decreased$14K (-2.7%)
Since last sale
Decreased$17K (-3.3%)
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 decreased by -3% in the last 10 years
MonthEstimated value
2026
August 2026$505K
July 2026$512K
June 2026$505K
May 2026$515K
March 2026$521K
February 2026$516K
January 2026$515K
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
40497 Melrose Dr, Temecula, CA
0.08
Townhouse
$499,000
09/04/25
2
2.5
1,387
40733 Melrose Dr, Temecula, CA
0.14
Townhouse
$500,000
11/19/25
2
2.5
1,387
40503 Melrose Dr, Temecula, CA
0.08
Townhouse
$565,000
08/29/25
3
2.5
1,698
40364 Birchfield Dr, Temecula, CA
0.09
Townhouse
$599,000
12/12/25
4
2.5
1,714
28036 Oakdale Dr, Temecula, CA
0.05
Townhouse
$605,000
09/29/25
4
3.5
1,893
28066 Oakdale Dr #UKZIGY, Temecula, CA
0.05
Townhouse
$620,000
08/21/25
4
3.5
1,893
28112 Melrose Dr, Temecula, CA
0.08
Townhouse
$610,000
09/19/25
4
3.5
1,893
40709 Melrose Dr, Temecula, CA
0.13
Townhouse
$610,000
05/01/26
4
3.5
2,105
40597 Melrose Dr #264, Temecula, CA
0.09
Townhouse
$515,000
09/17/25
2
2.5
1,387
40545 Melrose Dr #257, Temecula, CA
0.11
Townhouse
$495,000
01/30/26
2
2.5
1,387

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
40833 Melrose Dr, Temecula, CA 92591
0.03
$601,200
4
3.5
1,869
Off Market
28022 Melrose Dr, Temecula, CA 92591
0.04
$522,200
2
2.5
1,387
Off Market
40361 Melrose Dr, Temecula, CA 92591
0.00
$559,400
3
2.5
1,698
Off Market
28010 Melrose Dr, Temecula, CA 92591
0.04
$588,000
2
2.5
1,387
For Sale
28058 Melrose Dr, Temecula, CA 92591
0.05
$543,000
2
2.5
1,387
Off Market
40337 Melrose Dr, Temecula, CA 92591
0.01
$659,500
4
3.5
1,893
Off Market
40391 Melrose Dr, Temecula, CA 92591
0.02
$500,000
2
2.5
1,387
For Sale
28007 Oakdale Dr #233, Temecula, CA 92591
0.03
$512,800
2
2.5
1,387
Off Market
28100 Melrose Dr, Temecula, CA 92591
0.06
$593,600
3
2.5
1,698
Off Market
40383 Birchfield Dr, Temecula, CA 92591
0.05
$640,000
3
2.5
1,883
Recently Sold
28076 Melrose Dr, Temecula, CA 92591
0.07
$623,400
4
3.5
1,893
Off Market

Local Information

  • Map ViewExplore the area around 40355 Melrose Dr.
  • Schools1 Elementary School1 Middle School1 High School
  • Shop & Eat
-- mins to
Commute Destination

Home Highlights

Property Type
Townhouse
Year Built
2024
Living Area
1,387 sqft
Price/Sqft
$366
Parking
2 Car Garage
HOA
$280/Monthly

About this House

Brand new, energy-efficient home available now! Keep the busy family organized with ample storage space in the garage. White cabinets with ornamental white granite countertops, granite valley EVP flooring and brown textured carpet in our Crisp 2 package. 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.
40355 Melrose Dr, Temecula, CA 92591 is a 2 bedroom, 3 bathroom, 1,387 sqft townhouse built in 2024. It last sold for the $522,295 asking price on Oct 4, 2024. It is currently off market. The Trulia Estimate is $507,600, with a rent estimate of $2,852/month.

Home Details for 40355 Melrose Dr

Interior Features

Interior Details
Number of Rooms: 4Types of Rooms: Bathroom, Kitchen, Laundry
Beds & Baths
Number of Bedrooms: 2Number of Bathrooms: 3Number of Bathrooms (full): 2Number of Bathrooms (half): 1
Dimensions and Layout
Living Area: 1387 Square Feet
Appliances & Utilities
Utilities: Cable Connected, Electricity Connected, Natural Gas Connected, Phone Available, Sewer Connected, Water ConnectedAppliances: ENERGY STAR Qualified Appliances, ENERGY STAR Qualified Water Heater, Free-Standing Range, Disposal, High Efficiency Water Heater, Microwave, Self Cleaning Oven, Tankless Water Heater, Water HeaterDisposalLaundry: Washer Hookup,Gas Dryer HookupMicrowave
Heating & Cooling
Has CoolingAir Conditioning: Central Air,ENERGY STAR Qualified Equipment,Humidity Control,Zoned
Fireplace & Spa
Fireplace: NoneSpa: Association, CommunityNo FireplaceHas a Spa
Gas & Electric
Electric: Standard
Windows, Doors, Floors & Walls
Window: Double Pane Windows, ENERGY STAR Qualified WindowsDoor: Panel DoorsFlooring: Carpet, Laminate, VinylCommon Walls: 2+ Common Walls
Levels, Entrance, & Accessibility
Stories: 3Number of Stories: 3Levels: Three Or MoreEntry Location: GroundFloors: Carpet, Laminate, Vinyl
View
Has a ViewView: Neighborhood

Exterior Features

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

Days on Market

Cumulative Days on Market: 69

Property Information

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, M Connect

Price & Status

Price
List Price: $522,295
Status Change & Dates
Off Market Date: Mon Aug 26 2024Possession Timing: Close Of Escrow

Active Status

MLS Status: Closed

Location

Direction & Address
City: Temecula
School Information
High School: ChaparralHigh School District: Temecula Unified

Building

Building Details
Builder Model: Residence 1Builder Name: Meritage Homes

Community

Community Features: Curbs, Dog Park, Park, Street Lights, Sidewalks, PoolNot Senior CommunityUnits in Building: 150

HOA

HOA Name: Heirloom Farms HOAHOA Phone: 855-403-3852Association for this Listing: California Regional MLSHas an HOAHOA Fee: $280/Monthly

Lot Information

Lot Area: 1306.8 sqft

Listing Info

Special Conditions: Standard

Offer

Listing Terms: Cash, Conventional, Cal Vet Loan, 1031 Exchange, FHA, Fannie Mae, VA Loan

Energy

Energy Efficiency Features: Construction, HVAC, Insulation, Lighting, Thermostat, Windows, Appliances, Water Heater

Miscellaneous

Mls Number: OC24114017Living Area Range Units: Square FeetAttribution Contact: 951-241-8482Common Interest: Condominium

Additional Information

HOA Amenities: Picnic Area,Playground,Pool,Spa/Hot Tub

Price and Tax history

DateEventPrice
Oct 4, 2024
Source: CRMLS #OC24114017
Sold
$522,295
Aug 26, 2024
Source: CRMLS #OC24114017
Pending
$522,295
Jul 25, 2024
Source: CRMLS #OC24114017
PriceChange
$522,295
Price increased by 0%
Jun 21, 2024
Source: CRMLS #OC24114017
PriceChange
$520,295
Price increased by 1%
Jun 18, 2024
Source: CRMLS #OC24114017
Listed For Sale
$517,295

Market trends in Temecula

Last updated July 2026
Buyer'sMarketSeller'sMarket
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.
  • Nanet13
    "It’s safe for kids"
    0
    Flag
  • Trulia User
    "Holiday get togethers during Memorial Day and Fourth of July. Kids at Halloween and Christmas decorations."
    0
    Flag
  • Trulia User
    "It sits in a quiet area of the Wolf Creek development and close to the schools with easy access to parks and trails."
    0
    Flag
  • Megan Walsh
    "Lots of walking and grass for them to enjoy and play in. There’s also lots of dog-oriented places to go, and dog communities"
    0
    Flag
  • Taumaia S. Robert
    "I love the community and the family oriented atmosphere all around the town. Great place, great people!"
    0
    Flag
  • Sara Thuemmler
    "Dog owners are courteous and respectful of other people’s property. Just like the way dog owners are responsible with their dogs. "
    0
    Flag
  • Fit3d
    "There are trails but also coyotes. You have to be careful. Also fireworks from the casino it’s not good for dogs."
    0
    Flag
  • Ryktkc2hdr
    "There is no commute Temecula everything is everywhere everything is very much in walking or driving distance"
    0
    Flag
  • Rphtdb
    "very family oriented community. Especially compared to San Diego where I came from. Clean, orderly, safe, desirable. By far the best area of Riverside County."
    0
    Flag
  • Ryktkc2hdr
    "I live here since 2020 California is a pretty place but the people are not the best. Saint Catherine’s in Temecula is an amazing church and if anybody ever comes to visit, that would be my first stop."
    1
    Flag
  • Norbert Logsdon
    "The Italian Cypress trees that line the streets really make the neighborhood feel very elegant. Other neighborhoods have the same type homes but it just doesn’t feel the same."
    0
    Flag
  • Kay Vazquez
    "Temecula has holiday events posted online, I have only been to a few but my favorite is the winter ice rink in front of town hall !"
    0
    Flag
  • Robert Kitchell
    "Great place to live and raise kids. I have been in Temecula for over thirty years and I have always loved. Lots of traffic though. "
    0
    Flag
  • Suzy Erikson
    "We watch out for and help each other. My neighbors are family. We have lived in our neighborhood for over 30-years."
    0
    Flag
  • Lindalhudig
    "Great neighborhood for families. Good schools. Beautiful wineries, a lot of good entertainment and activities to do on weekends. "
    0
    Flag
  • Quinton
    "We throw cul de sac parties during holidays like Independence Day setting up shade, BBQs and music. "
    0
    Flag
  • Bradenyingling
    "Lived here a few months and it’s pretty peaceful. I really like how well the area is maintained. Everything is within a reasonable distance."
    0
    Flag
  • Marsha.deiter
    "I have lived in Temecula for over 20 years. For the most part, it is a great place to raise a family. But the traffic has gotten horrendous and the city doesn’t appear to want to take action to remedy the issue. I avoid traveling in the city limits during the middle of the day. It’s terrible. "
    0
    Flag
  • Cynthia Seviss
    "Great for families. Strong schools, lots of parks, clean, relatively safe, many family events sponsored by the city "
    0
    Flag
  • 6v9x8f5jbp
    "I have lived in this community for years. Growing area that is getting over populated by mass exodus from Los Angeles "
    0
    Flag
  • Tnolancnm
    "Great area to grow a family. Wonderful schools! Very safe to live if you are single. I love the accessibility to mountains, desert and beaches. Temecula has something for everyone! "
    0
    Flag
  • Karlibarrows
    "it’s a great place for children. lots of parks to go to. lots of activities going on all the time. fun trails "
    0
    Flag
  • Susana Romualdo
    "Safe neighborhood and friendly, clean, traditional neighborhood, kind expensive, good school and education. Temecula has everything that you need "
    0
    Flag
  • Crums43
    "Holiday HOa parties and holiday decorations in the community and at the club house. Exercise stations on walkways and picnics"
    1
    Flag
  • Commissioner David Lara
    "We just moved here & it’s been a great neighborhood! My street is so quiet and neighbors talk to you in the street. I love the weather this time of year. "
    1
    Flag
  • Dandgmatthias
    "There are a couple of great dog parks around the area. And tons of green belt walking trails. Everyone seems friendly here. "
    0
    Flag
  • Rphtdb
    "Many grass areas. Lots of dog bag stations. Great sidewalks. There’s open fields nearby also. Plenty of fire hydrants. "
    3
    Flag
  • Rphtdb
    "Holiday get togethers. Friendly atmosphere around pool and common areas. Pride of ownership. Mutually beneficial attitude. "
    1
    Flag
  • Trulia User
    "Well trained dogs in this neighborhood with dog bags available throughout the parks for waste removal. "
    0
    Flag
  • Sorayanuby
    "I just moved here from LA and it is so clean and has a real sense community and quality of life. I feel safe walking the streets and people are friendly. You do need a car to get around. The schools look really nice, and it’s a great place to live if you have kids. Wine is delicious as well. "
    1
    Flag
  • Sierra O.
    "There’s far less traffic than some other areas. There are prime rush hours on the highway in the morning and evening, but those can be avoided by timing your commute or taking back roads that take the same amount of time but feel faster. Overall, the commute is not bad. "
    0
    Flag
  • Emccormick951
    "The annual Temecula Rod Run is one of the many events that makes our community special. Concerts at local wineries are fun for locals and visitors alike."
    10
    Flag
  • Jordis F.
    "The area has many great places to explore and sniff around. Many dog owners and dog friendly establishments nearby. "
    0
    Flag
  • Hallie B.
    "Work In Temecula at a near by school. The traffic light in town before and after school. There is much more traffic on freeways and local streets after 4pm. "
    2
    Flag
  • Joshschrader6
    "The families around here are nice a lot of kids out playing and riding their bikes. They’ve even left their bikes at the park overnight and it’s still there the next day for them. "
    6
    Flag
  • Brittney R.
    "I don’t really attend any community events. The community is very friendly and there are always kids playing"
    1
    Flag
  • Momhlpr5
    "Easy access by bus or car or bike. The drive is close and you don’t need to access a freeway to get to downtown "
    0
    Flag
  • Dkm26291
    "I don’t have to commute. I’m a stay at home mom. All the stores are close by and the mall is across the street. "
    0
    Flag
  • Kurt H.
    "Nice wine country. Good schools. Closes to San Diego and San Bernardino. It’s a grown community. Pretty"
    0
    Flag
  • Debra H.
    "I moved here in 1996 from the coast. It’s such a lovely place to live. I raised my family here and look forward to raising my grandchildren here. "
    0
    Flag

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 2026-08-19 07:26:19 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 40355 Melrose Dr

  • What is 40355 Melrose Dr estimated to be worth?
    Trulia's estimated value for 40355 Melrose Dr in Temecula, CA is $507,600.
  • What is the price history for 40355 Melrose Dr?
    40355 Melrose Dr in Temecula, CA last sold for $522,295 in October 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 40355 Melrose Dr have air conditioning?
    Yes, 40355 Melrose Dr in Temecula, CA has air conditioning.
  • Does 40355 Melrose Dr have a pool?
    Yes, 40355 Melrose Dr in Temecula, CA has a pool.

Explore by feature - Pet Friendly

109 pet-friendly rentals in Temecula, CA

Explore by feature - Garage

151 rentals with a garage in Temecula, CA

Explore by feature - Air Conditioning

185 rentals with air conditioning in Temecula, CA

Explore by feature - Pool

168 rentals with a pool in Temecula, CA

Explore by feature - Washer/dryer

184 rentals with a washer/dryer in Temecula, CA

Explore by feature - Outdoor Space

82 rentals with an outdoor space in Temecula, CA

Apartments for Rent

Skip to last item
Skip to first item

Off Market Homes Near 40355 Melrose Dr

Skip to last item
Skip to first item

Homes for sale near 40355 Melrose Dr

Skip to last item
Skip to first item
Skip to last item
  • Results are loading
Skip to first item