40391 Melrose Dr, Temecula, CA 92591
Property image
Property image
FOR SALE
Listed by Hank Greer, Reliable Realty Inc., (951) 640-5441

$475,426

Original price: $490,000
  • 2 Beds
  • 2.5 Baths
  • 1,387 sqft

40391 Melrose Dr, Temecula, CA 92591

Est. Mortgage $3,408/mo*
Get Pre-Qualified

Home Highlights

Condo
Built in 2024
$343/sqft
2 Car Garage
HOA $331/mo

Local Information

  • Map ViewExplore the area around 40391 Melrose Dr.
  • Schools1 Elementary School1 Middle School1 High School
  • Shop & Eat
-- mins to
Commute Destination

About this House

SHORT SALE APPROVED!! Welcome to a place where modern comfort meets the heart of Temecula living in the serene Heirloom Farms community. This nearly new three-story residence, crafted in 2023, invites you in with a charming front porch that sets a peaceful tone before you even step inside. The open-concept heart of the home seamlessly connects a contemporary kitchen, featuring elegant quartz countertops and sleek finishes, to living spaces designed for making memories. Sustainability and ease are woven into the very fabric of the property, which features fully owned solar panels, spray foam insulation, and a tankless water heater to ensure your sanctuary is as efficient as it is cozy. Upstairs, the primary suite serves as a true retreat with its spacious walk-in closet and dual vanities, while the private balcony offers a quiet spot to enjoy the morning air. Beyond the front door, the vibrant neighborhood provides endless opportunities for play and relaxation with its sparkling pool, spa, and unique park amenities like the community zipline. Situated just moments from the scenic beauty of Lake Harveston, the local flavor of Old Town, and the convenience of the Promenade Mall, this home keeps you connected to the best of the region while remaining tucked away in a quiet enclave. Complete with an attached two-car garage and all essential appliances included, this townhome represents a thoughtful blend of style and soul within the prestigious award winning Temecula Unified School District. **Short Sale. Subject to lender approval. Property is being sold as-is with no repairs or credits. Great opportunity for buyers willing to navigate the short sale process. Please allow additional time for bank response.

Home Details for 40391 Melrose Dr

Interior Features

Interior Details
Number of Rooms: 7Types of Rooms: Master Bedroom, Bedroom, Foyer, Kitchen, Laundry, Living Room, Other
Beds & Baths
Number of Bedrooms: 2Number of Bathrooms: 3Number of Bathrooms (full): 2Number of Bathrooms (half): 1Number of Bathrooms (main level): 1
Dimensions and Layout
Living Area: 1387 Square Feet
Appliances & Utilities
Laundry: Inside,Laundry Room
Heating & Cooling
Heating: CentralHas CoolingAir Conditioning: Central AirHas HeatingHeating Fuel: Central
Fireplace & Spa
Fireplace: NoneNo Fireplace
Windows, Doors, Floors & Walls
Common Walls: 2+ Common Walls
Levels, Entrance, & Accessibility
Stories: 3Number of Stories: 3Levels: Three Or MoreEntry Location: 1
View
No View

Exterior Features

Exterior Home Features
No Private Pool
Parking & Garage
Number of Garage Spaces: 2Number of Covered Spaces: 2Has a GarageHas an Attached GarageParking Spaces: 2Parking: Garage Attached
Pool
Pool: Association
Frontage
Not on Waterfront
Water & Sewer
Sewer: Public Sewer
Surface & Elevation
Elevation Units: Feet

Days on Market

Cumulative Days on Market: 150Days on Market: 169

Property Information

Year Built
Year Built: 2024
Property Type / Style
Property Type: ResidentialProperty Subtype: CondominiumStructure Type: HouseArchitecture: House
Building
Not a New ConstructionAttached To Another StructureNo Additional Parcels
Property Information
Parcel Number: 916752003

Price & Status

Price
List Price: $475,426Price Per Sqft: $343

Active Status

MLS Status: Active

Location

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

Agent Information

Listing Agent
Listing ID: SW26070814

Community

Community Features: Curbs, Dog Park, Gutter(s), Storm Drain(s), Street Lights, Suburban, SidewalksNot Senior CommunityUnits in Building: 150

HOA

HOA Name: Heirloom FarmsHOA Phone: 855-403-3852Association for this Listing: California Regional MLSHas an HOAHOA Fee: $331/Monthly

Listing Info

Special Conditions: Short Sale

Offer

Listing Terms: Subject To Other, Submit

Miscellaneous

Mls Number: SW26070814Living Area Range Units: Square FeetAttribution Contact: 951-640-5441Common Interest: CondominiumUniversal Property Id: US-06065-N-916752003-R-N

Additional Information

HOA Amenities: Barbecue,Picnic Area,Playground,Pickleball,PoolSource Internet Entire Listing Display

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.
  • Heather L Chaplin
    "We wave an say hello, we enjoy the friendly safe environment "
    0
    Flag
  • Scott waller
    "Low crime. A sense of security and safety. Law enforcement are great here. A beautiful place to live. "
    0
    Flag
  • 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
  • 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
  • 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

Market trends in Temecula

Last updated August 2026
Buyer'sMarketSeller'sMarket
Avg. sale price
$766K
$2.83KMoM
Sale-to-List Price
100.0%
Price per sq ft
$354
$6MoM
Available listings
571
2MoM

Home Value

Trulia Estimate
$475K
Since last month
Decreased$3K (-0.6%)
Since last year
Decreased$71K (-13.1%)
Since last sale
Decreased$73K (-13.4%)
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 -10% in the last 10 years
MonthEstimated value
2026
September 2026$475K
August 2026$478K
July 2026$497K
June 2026$483K
May 2026$484K
April 2026$484K
March 2026$547K
February 2026$541K
January 2026$541K
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
40463 Melrose Dr #247, Temecula, CA
0.05
Condo
$500,000
02/27/26
2
2.5
1,387
40603 Melrose Dr, Temecula, CA
0.09
Condo
$570,000
02/20/26
3
2.5
1,698
26451 Arboretum Way, Murrieta, CA
0.32
Condo
$435,000
03/27/26
2
2
1,213
28219 Via Somantano, Temecula, CA
0.30
Condo
$629,000
07/08/26
3
2.5
1,402
28280 Via Garnicia, Temecula, CA
0.32
Condo
$625,000
07/06/26
3
2.5
1,402

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
0.04
$609,400
4
3.5
1,869
Off Market
28022 Melrose Dr, Temecula, CA 92591
0.05
$518,300
2
2.5
1,387
Off Market
40361 Melrose Dr, Temecula, CA 92591
0.02
$557,000
3
2.5
1,698
Off Market
40355 Melrose Dr, Temecula, CA 92591
0.02
$508,400
2
2.5
1,387
Off Market
28010 Melrose Dr, Temecula, CA 92591
0.06
$588,000
2
2.5
1,387
For Sale
28058 Melrose Dr, Temecula, CA 92591
0.06
$539,200
2
2.5
1,387
Off Market
40337 Melrose Dr, Temecula, CA 92591
0.02
$657,500
4
3.5
1,893
Off Market
28007 Oakdale Dr #233, Temecula, CA 92591
0.03
$510,300
2
2.5
1,387
Off Market
28100 Melrose Dr, Temecula, CA 92591
0.07
$576,500
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
0.08
$623,400
4
3.5
1,893
Off Market

Price and Tax history

DateEventPrice
Aug 27, 2026
Source: CRMLS #SW26070814
PriceChange
$475,426
Price decreased by 3%
Aug 19, 2026
Source: CRMLS #SW26070814
PriceChange
$490,000
Price decreased by 2%
Jul 20, 2026
Source: CRMLS #SW26070814
PriceChange
$500,000
Price increased by 3%
Apr 6, 2026
Source: CRMLS #SW26070814
Listed For Sale
$485,000
Oct 30, 2024
Source: CRMLS #OC24160754
Sold
$548,095

LGBTQ Local Legal Protections

Hank Greer, Reliable Realty Inc.
Agent Phone: (951) 640-5441
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 2026-09-22 00:15:44 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

Similar Homes You May Like

Skip to last item
Skip to first item

New Listings near 40391 Melrose Dr

Skip to last item
Skip to first item

Frequently asked questions about 40391 Melrose Dr

  • What is the estimated monthly payment for 40391 Melrose Dr?
    Based on a $475,426 list price with 20% down at today's rates, the estimated monthly payment for 40391 Melrose Dr in Temecula, CA is approximately $3,091 (about $2,552 principal & interest, $464 property taxes, and $75 homeowner's insurance). This is an estimate. Actual payment depends on your loan terms.
  • How does the list price for 40391 Melrose Dr compare to homes in Temecula?
    40391 Melrose Dr in Temecula, CA is listed at $475,426, about 38% below the $766K median sale price in Temecula.
  • What do residents say about Temecula?
    Residents describe Temecula, CA as dog-friendly, pedestrian-friendly, and well-kept. See homes for sale in Temecula, CA.
  • What are the closest schools to 40391 Melrose Dr?
    The closest schools to 40391 Melrose Dr in Temecula, CA are Chaparral High School (rated 9/10), James L. Day Middle School (rated 8/10), Ysabel Barnett Elementary School (rated 9/10).
  • Does 40391 Melrose Dr have air conditioning?
    Yes, 40391 Melrose Dr in Temecula, CA has air conditioning.
  • Does 40391 Melrose Dr have a pool?
    Yes, 40391 Melrose Dr in Temecula, CA has a pool.
40391 Melrose Dr, Temecula, CA 92591 is a 2 bedroom, 3 bathroom, 1,387 sqft condo built in 2024. This property is currently available for sale and was listed by CRMLS on Apr 6, 2026. The MLS # for this home is MLS# SW26070814.