40497 Melrose Dr, Temecula, CA 92591
OFF MARKET
Listed by Zachary Frausto, Abundance Real Estate, (951) 795-8225 . Bought with eXp Realty of California, Inc.

$505,500

Trulia Estimate
  • 2 Beds
  • 2.5 Baths
  • 1,387 sqft

40497 Melrose Dr, Temecula, CA 92591

Est. Refi. Payment $3,231/mo*
Refinance Your Home
Currently Off Market - Sold Sep 4, 2025 for $499,000

Home Value

Trulia Estimate
$506K
Since last month
Decreased$3K (-0.5%)
Since last year
Increased$5K (+1%)
Since last sale
Increased$4K (+0.8%)
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 +1% in the last 10 years
MonthEstimated value
2026
September 2026$503K
August 2026$505K
July 2026$506K
June 2026$500K
May 2026$500K
March 2026$504K
February 2026$498K
January 2026$497K
2025
2024
2023

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
40733 Melrose Dr, Temecula, CA
0.07
Townhouse
$500,000
11/19/25
2
2.5
1,387
40364 Birchfield Dr, Temecula, CA
0.13
Townhouse
$599,000
12/12/25
4
2.5
1,714
40709 Melrose Dr, Temecula, CA
0.06
Townhouse
$610,000
05/01/26
4
3.5
2,105
40597 Melrose Dr #264, Temecula, CA
0.02
Townhouse
$515,000
09/17/25
2
2.5
1,387
40545 Melrose Dr #257, Temecula, CA
0.03
Townhouse
$495,000
01/30/26
2
2.5
1,387
28036 Oakdale Dr, Temecula, CA
0.03
Townhouse
$605,000
09/29/25
4
3.5
1,893
28246-139 Heirloom Dr, Temecula, CA
0.12
Townhouse
$600,000
08/13/26
4
2.5
1,714
28112 Melrose Dr, Temecula, CA
0.15
Townhouse
$610,000
09/19/25
4
3.5
1,893
26313 Arboretum Way #201, Murrieta, CA
0.57
Townhouse
$547,000
09/29/25
3
2.5
1,745
26313 Arboretum Way #204, Murrieta, CA
0.57
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
28064 Melrose Dr, Temecula, CA 92591
0.02
$592,300
3
2.5
1,698
Off Market
40469 Melrose Dr, Temecula, CA 92591
0.02
$598,100
3
2.5
1,698
Off Market
40463 Melrose Dr #247, Temecula, CA 92591
0.02
$500,000
2
2.5
1,387
Recently Sold
40597 Melrose Dr #264, Temecula, CA 92591
0.02
$521,700
2
2.5
1,387
Off Market
40503 Melrose Dr, Temecula, CA 92591
0.01
$572,300
3
2.5
1,698
Off Market
40457 Melrose Dr, Temecula, CA 92591
0.01
$595,000
3
2.5
1,698
Off Market
40472 Melrose Dr, Temecula, CA 92591
0.04
$685,900
3
2.5
1,731
Off Market
28066 Oakdale Dr #UKZIGY, Temecula, CA 92591
0.03
$627,900
4
3.5
1,893
Off Market
28042 Oakdale Dr, Temecula, CA 92591
0.02
$514,800
2
2.5
1,387
Off Market
28048 Oakdale Dr, Temecula, CA 92591
0.03
$595,600
3
2.5
1,698
Off Market
40572 Melrose Dr, Temecula, CA 92591
0.04
$718,200
4
3
2,155
Off Market

Local Information

  • Map ViewExplore the area around 40497 Melrose Dr.
  • Schools1 Elementary School1 Middle School1 High School
  • Shop & Eat
-- mins to
Commute Destination

Home Highlights

Townhouse
Built in 2023
1,387 sqft
$364/sqft
2 Car Garage
HOA $280/mo

About this House

Welcome to this stunning townhome in the highly desirable Heirloom Farms community. Thoughtfully designed with comfort and modern living in mind, this 2-bedroom, 2.5-bathroom home showcases beautiful finishes throughout, including crisp white cabinetry, quartz countertops, a stylish white backsplash, high-end flooring, and grey-brown patterned carpet, all part of the premium Distinct package. The main living area is located on the second floor, featuring a bright open-concept layout that seamlessly connects the kitchen, dining area, and living space. A convenient half bath and private front porch make this level perfect for everyday living and entertaining. Upstairs on the third floor, you’ll find two sizable bedrooms, each with its own full en-suite bathroom, providing comfort and privacy for family, guests, or roommates. The entry level includes a spacious 2-car garage finished with epoxy floors and offers generous storage, ideal for busy households or hobbyists. Unwind in the comfort of your own home or enjoy resort-style community amenities, including BBQ grilling areas, relaxing lounges, a sparkling pool and spa, and two kids’ parks perfect for playtime and outdoor fun. Located just minutes from Temecula’s world-famous wineries, the Promenade Temecula Mall, Old Town’s vibrant shops and restaurants, and top-rated schools within the Temecula Unified School District. With quick access to the I-15 freeway, commuting is simple and convenient. Whether you’re a first-time homebuyer, looking to downsize, or searching for a smart investment, this home offers built-in value with automatic equity, plus the perfect blend of style, functionality, and location. Don’t miss the chance to live in one of Southern California’s most sought-after communities.
40497 Melrose Dr, Temecula, CA 92591 is a 2 bedroom, 3 bathroom, 1,387 sqft townhouse built in 2023. It last sold for the $499,000 asking price on Sep 4, 2025. This property is not currently displayed as for sale or rent on Trulia. The Trulia Estimate is $505,500, with a rent estimate of $2,890/month.

Home Details for 40497 Melrose Dr

Interior Features

Interior Details
Number of Rooms: 6Types of Rooms: Master Bedroom, Bedroom, Master Bathroom, Entry Foyer, 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: Electricity Connected, Natural Gas ConnectedAppliances: Convection Oven, Dishwasher, Gas Cooktop, Disposal, Gas OvenDishwasherDisposalLaundry: Laundry Room,Stacked,Upper Level
Heating & Cooling
Has CoolingAir Conditioning: Central Air
Fireplace & Spa
Fireplace: NoneSpa: Association, CommunityNo FireplaceHas a Spa
Windows, Doors, Floors & Walls
Flooring: VinylCommon Walls: 2+ Common Walls
Levels, Entrance, & Accessibility
Stories: 3Number of Stories: 3Levels: Three Or MoreEntry Location: frontFloors: Vinyl
View
Has a ViewView: City Lights, Neighborhood
Security
Security: Smoke Detector(s)

Exterior Features

Exterior Home Features
Patio / Porch: Patio, PorchNo Private Pool
Parking & Garage
Number of Garage Spaces: 2Number of Covered Spaces: 2Has a GarageHas an Attached GarageParking Spaces: 2Parking: Garage,On Street
Pool
Pool: Community, Association
Frontage
Not on Waterfront
Water & Sewer
Sewer: Public Sewer
Surface & Elevation
Elevation Units: Feet

Days on Market

Cumulative Days on Market: 32

Property Information

Year Built
Year Built: 2023
Property Type / Style
Property Type: ResidentialProperty Subtype: TownhouseStructure Type: HouseArchitecture: House
Building
Not a New ConstructionAttached To Another StructureNo Additional Parcels
Property Information
Included in Sale: Washer, Dryer, Refrigerator, Dishwasher, Microwave, Stove-Oven comboParcel Number: 916732005

Price & Status

Price
List Price: $499,000
Status Change & Dates
Off Market Date: Tue Aug 12 2025Possession Timing: Close Of Escrow

Active Status

MLS Status: Closed

Location

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

Community

Community Features: Gutter(s), Park, Street Lights, Suburban, Sidewalks, PoolNot Senior CommunityUnits in Building: 150

HOA

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

Lot Information

Lot Area: 700 sqft

Listing Info

Special Conditions: Standard

Offer

Contingencies: None.Listing Terms: Cash, Conventional, FHA, Fannie Mae, VA Loan

Miscellaneous

Mls Number: SW25153166Living Area Range Units: Square FeetAttribution Contact: 951-795-8225Activation Date: Thu Jul 10 2025Common Interest: CondominiumStart Showing Date: Thu Jul 10 2025Universal Property Id: US-06065-N-916732005-R-N

Additional Information

HOA Amenities: Outdoor Cooking Area,Barbecue,Playground,Pool,Spa/Hot Tub

Price and Tax history

DateEventPrice
Sep 4, 2025
Source: CRMLS #SW25153166
Sold
$499,000
Aug 14, 2025
Source: CRMLS #SW25153166
Pending
$499,000
Jul 23, 2025
Source: CRMLS #SW25153166
PriceChange
$499,000
Price decreased by 3%
Jul 10, 2025
Source: CRMLS #SW25153166
Listed For Sale
$515,000
Jun 4, 2023
Source: Meritage Homes
ListingRemoved

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

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
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  • 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
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  • 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
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  • 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 2026-09-14 14:38:03 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 40497 Melrose Dr

  • What is 40497 Melrose Dr estimated to be worth?
    Trulia's estimated value for 40497 Melrose Dr in Temecula, CA is $505,500.
  • What is the price history for 40497 Melrose Dr?
    40497 Melrose Dr in Temecula, CA last sold for $499,000 in September 2025.
  • 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 $766K. That is down $2.83K from the prior month.
  • Does 40497 Melrose Dr have air conditioning?
    Yes, 40497 Melrose Dr in Temecula, CA has air conditioning.
  • Does 40497 Melrose Dr have a pool?
    Yes, 40497 Melrose Dr in Temecula, CA has a pool.

Explore by feature - Pet Friendly

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