Listed by Michelle Shepherd, Meritage Homes of California, (951) 241-8482 . Bought with Sunshine Realty
40472 Melrose Dr
Temecula, CA 92591
- 3 Beds
- 2.5 Baths
- 1,731 sqft
3 Beds
2.5 Baths
1,731 sqft
Home Value
Trulia Estimate
$686KSince last month
Increased$400 (+0.1%)Since last year
Increased$10K (+1.5%)Since last sale
Decreased$13K (-1.9%)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 0% in the last 10 years
| Month | Estimated value |
|---|---|
2026 | |
| August 2026 | $686K |
| July 2026 | $686K |
| June 2026 | $686K |
| May 2026 | $690K |
| April 2026 | $644K |
| March 2026 | $653K |
| February 2026 | $652K |
| January 2026 | $635K |
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 | Single-Family Home | $684,000 | 11/10/25 | 3 | 2.5 | 1,731 | |
0.06 | Single-Family Home | $640,000 | 02/23/26 | 3 | 2.5 | 1,883 | |
0.23 | Single-Family Home | $686,000 | 06/25/26 | 3 | 2.5 | 1,647 | |
0.24 | Single-Family Home | $723,000 | 04/10/26 | 3 | 2.5 | 1,763 | |
0.10 | Single-Family Home | $727,000 | 07/30/26 | 4 | 3 | 2,112 | |
0.24 | Single-Family Home | $645,000 | 07/10/26 | 3 | 2.5 | 1,520 | |
0.25 | Single-Family Home | $632,000 | 05/29/26 | 3 | 2.5 | 1,520 | |
0.25 | Single-Family Home | $632,000 | 06/08/26 | 3 | 2.5 | 1,402 | |
0.32 | Single-Family Home | $690,000 | 08/13/26 | 3 | 2.5 | 1,647 | |
0.28 | Single-Family Home | $630,000 | 06/10/26 | 3 | 2.5 | 1,520 |
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 |
|---|---|---|---|---|---|---|
0.02 | $594,100 | 3 | 2.5 | 1,698 | Off Market | |
0.03 | $597,200 | 3 | 2.5 | 1,698 | Off Market | |
0.03 | $500,000 | 2 | 2.5 | 1,387 | Recently Sold | |
0.03 | $521,700 | 2 | 2.5 | 1,387 | Off Market | |
0.03 | $572,300 | 3 | 2.5 | 1,698 | Off Market | |
0.03 | $594,100 | 3 | 2.5 | 1,698 | Off Market | |
0.04 | $505,500 | 2 | 2.5 | 1,387 | Off Market | |
0.02 | $627,900 | 4 | 3.5 | 1,893 | Off Market | |
0.04 | $514,100 | 2 | 2.5 | 1,387 | Off Market | |
0.01 | $649,300 | 3 | 2.5 | 1,731 | Off Market | |
0.04 | $594,700 | 3 | 2.5 | 1,698 | Off Market |
Local Information
-- mins to
Home Highlights
Property Type
Single-Family Home
Year Built
2024
Living Area
1,731 sqft
Price/Sqft
$396
Parking
2 Car Garage
HOA
$149/Monthly
About this House
Brand new, energy-efficient home available by Jul 2024! Photos are of builder model home. Entertain family and friends in the open concept downstairs living space, complete with a powder bathroom. White cabinets with ornamental white granite countertops, granite valley EVP flooring and brown textured carpet in our Crisp 2 package. Meet Valiant at Heirloom Farms, a community of single-family homes now selling with newly-opened model homes in Temecula, CA. This community offers residents amenities for the whole family and is conveniently located in the award-winning Temecula school district. Each energy-efficient home also comes standard with features that go beyond helping you save on utility bills—they allow your whole family to live better and breathe easier too.* 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.
40472 Melrose Dr, Temecula, CA 92591 is a 3 bedroom, 3 bathroom, 1,731 sqft single-family home built in 2024. It last sold for $699,545 on Aug 16, 2024 (2% above the $683,295 asking price). More recently, it was listed as a rental in August 2024 with an asking price of $3,650 per month. That rental listing was removed on September 18, 2024. It is currently off market. The Trulia Estimate is $685,900, with a rent estimate of $3,341/month.
Home Details for 40472 Melrose Dr
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Interior Details Number of Rooms: 4Types of Rooms: Bedroom, Bathroom, Kitchen, Laundry |
Beds & Baths Number of Bedrooms: 3Number of Bathrooms: 3Number of Bathrooms (full): 2Number of Bathrooms (half): 1Number of Bathrooms (main level): 1 |
Dimensions and Layout Living Area: 1731 Square Feet |
Appliances & Utilities Utilities: Cable Available, Electricity Connected, Natural Gas Connected, Phone Available, Sewer Connected, Water ConnectedAppliances: Dishwasher, ENERGY STAR Qualified Appliances, ENERGY STAR Qualified Water Heater, Free-Standing Range, Disposal, Microwave, Self Cleaning Oven, Water HeaterDishwasherDisposalLaundry: Washer Hookup,Gas Dryer Hookup,Inside,Laundry RoomMicrowave |
Heating & Cooling Has CoolingAir Conditioning: Central Air,ENERGY STAR Qualified Equipment,High Efficiency |
Fireplace & Spa Fireplace: NoneSpa: CommunityNo FireplaceHas a Spa |
Gas & Electric Electric: Electricity - On Property, Standard |
Windows, Doors, Floors & Walls Window: Double Pane Windows, ENERGY STAR Qualified WindowsDoor: Panel DoorsFlooring: Carpet, Laminate, VinylCommon Walls: No Common Walls |
Levels, Entrance, & Accessibility Stories: 2Number of Stories: 2Levels: TwoEntry Location: GroundFloors: Carpet, Laminate, Vinyl |
View Has a ViewView: Mountain(s) |
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Exterior Home Features Roof: ConcreteFencing: VinylFoundation: 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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Year Built Year Built: 2024 |
Property Type / Style Property Type: ResidentialProperty Subtype: Single Family ResidenceStructure Type: HouseArchitecture: House |
Building Construction Materials: Spray Foam InsulationIs a New ConstructionNot Attached PropertyNo Additional Parcels |
Property Information Condition: Under ConstructionIncluded in Sale: Live. Now design package, M.Connect |
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Price List Price: $683,295 |
Status Change & Dates Off Market Date: Tue Jun 18 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 1Builder Name: Meritage Homes |
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Community Features: Dog Park, Park, Street Lights, Sidewalks, PoolNot Senior Community |
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HOA Name: Heirloom Frams HOAHOA Phone: 855-403-3852Association for this Listing: California Regional MLSHas an HOAHOA Fee: $149/Monthly |
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Lot Area: 2613.6 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, Insulation, Lighting, Thermostat, Windows, Appliances, Water Heater |
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Mls Number: OC24112949Living Area Range Units: Square FeetAttribution Contact: 951-241-8482Common Interest: Planned Development |
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HOA Amenities: Playground,Pool,Spa/Hot Tub |
Price and Tax history
| Date | Event | Price |
|---|---|---|
Sep 18, 2024 Source: CRMLS #SW24176055 | ListingRemoved | $3,480 |
Sep 12, 2024 Source: CRMLS #SW24176055 | PriceChange | $3,480 Price decreased by 5% |
Aug 24, 2024 Source: CRMLS #SW24176055 | Listed For Rent | $3,650 |
Aug 16, 2024 Source: CRMLS #OC24112949 | Sold | $699,545 |
Jun 18, 2024 Source: CRMLS #OC24112949 | Pending | $683,295 |
Jun 18, 2024 Source: CRMLS #OC24112949 | Listed For Sale | $683,295 |
| Year | Property tax | Tax assessment |
|---|---|---|
| 2026 | Unavailable | $696,449 |
Home facts updated by county records
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 2026-08-24 10:41:53 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 2026-08-24 10:41:53 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 40472 Melrose Dr
- What is 40472 Melrose Dr estimated to be worth?Trulia's estimated value for 40472 Melrose Dr in Temecula, CA is $685,900.
- What is the price history for 40472 Melrose Dr?40472 Melrose Dr in Temecula, CA last sold for $699,545 in August 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 40472 Melrose Dr have air conditioning?Yes, 40472 Melrose Dr in Temecula, CA has air conditioning.
- Does 40472 Melrose Dr have a pool?Yes, 40472 Melrose Dr in Temecula, CA has a pool.