Listed by Jonathan Hernandez, Real Brokerage Technologies, (323) 332-8943 . Bought with Coldwell Banker Realty
$500,700
- 2 Beds
- 2.5 Baths
- 1,387 sqft
40557 Melrose Dr, Temecula, CA 92591
Est. Refi. Payment $3,127/mo*
Refinance Your HomeCurrently Off Market - Sold Oct 7, 2024 for $520,000
Home Value
Trulia Estimate
$501KSince last month
Decreased$1K (-0.3%)Since last year
Decreased$15K (-3%)Since last sale
Decreased$19K (-3.6%)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 +3% in the last 10 years
| Month | Estimated value |
|---|---|
2026 | |
| August 2026 | $502K |
| August 2026 | $501K |
| July 2026 | $503K |
| June 2026 | $502K |
| May 2026 | $509K |
| March 2026 | $518K |
| February 2026 | $513K |
| January 2026 | $513K |
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 |
|---|---|---|---|---|---|---|---|
0.00 | Townhouse | $570,000 | 10/10/25 | 3 | 2 | 1,482 | |
0.55 | Townhouse | $439,000 | 10/10/25 | 2 | 2.5 | 1,183 | |
1.22 | Townhouse | $429,000 | 06/17/26 | 3 | 2.5 | 1,314 | |
1.31 | Townhouse | $500,000 | 02/23/26 | 3 | 2.5 | 1,889 | |
2.43 | Townhouse | $560,000 | 10/10/25 | 2 | 2.5 | 1,727 | |
3.01 | Townhouse | $500,000 | 11/19/25 | 2 | 2.5 | 1,387 | |
2.92 | Townhouse | $545,000 | 07/17/26 | 3 | 2.5 | 1,552 | |
2.94 | Townhouse | $560,000 | 09/04/26 | 3 | 2.5 | 1,552 | |
3.02 | Townhouse | $610,000 | 05/01/26 | 4 | 3.5 | 2,105 |
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 |
|---|---|---|---|---|---|---|
0.00 | $615,000 | 4 | 2 | 1,524 | For Sale | |
0.00 | $605,100 | 3 | 2 | 1,083 | Off Market | |
0.00 | $466,000 | 2 | 2.5 | 1,231 | Off Market | |
0.00 | $775,000 | 5 | 3 | 2,670 | Recently Sold | |
0.00 | $850,000 | - | - | - | For Sale | |
0.00 | - | - | - | - | Off Market | |
0.00 | $577,100 | 3 | 2 | 1,482 | Off Market | |
0.00 | $379,100 | 2 | 2 | 1,000 | Off Market | |
0.06 | $1,150,000 | - | - | - | For Sale | |
0.12 | $738,300 | 2 | 2 | 1,200 | Off Market | |
0.16 | $589,300 | 2 | 1 | 966 | Off Market |
Local Information
-- mins to
Home Highlights
Townhouse
Built in 2023
1,387 sqft
$361/sqft
2 Car Garage
HOA $280/mo
About this House
Welcome to this beautiful 3-story townhome, featuring 2 spacious bedrooms and 2.5 baths, offering the perfect blend of comfort and modern living. Located in a vibrant community, you'll enjoy resort-style amenities including a refreshing pool, a dedicated dog park, and even a thrilling zip line! This home is conveniently situated just off the I-15, providing easy access to nearby shopping, dining, and entertainment options.
With an open-concept living area, a modern kitchen with stainless steel appliances, and a private balcony, this home is designed for both relaxation and entertaining. The bedrooms are generously sized, each with its own en-suite bathroom, and the half-bath is conveniently located on the main living level.
Paid off SOLAR, Upgraded KITCHEN!
With an open-concept living area, a modern kitchen with stainless steel appliances, and a private balcony, this home is designed for both relaxation and entertaining. The bedrooms are generously sized, each with its own en-suite bathroom, and the half-bath is conveniently located on the main living level.
Paid off SOLAR, Upgraded KITCHEN!
40557 Melrose Dr, Temecula, CA 92591 is a 2 bedroom, 3 bathroom, 1,387 sqft townhouse built in 2023. It last sold for $520,000 on Oct 7, 2024 (1% below the $524,999 asking price). This property is not currently displayed as for sale or rent on Trulia. The Trulia Estimate is $500,700, with a rent estimate of $3,009/month.
Home Details for 40557 Melrose Dr
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Interior Details Number of Rooms: 9Types of Rooms: Master Bedroom, Bedroom, Master Bathroom, Bonus Room, Entry Foyer, Kitchen, Laundry, Living Room, Other |
Beds & Baths Number of Bedrooms: 2Main Level Bedrooms: 3Number of Bathrooms: 3Number of Bathrooms (full): 2Number of Bathrooms (half): 1Number of Bathrooms (main level): 3 |
Dimensions and Layout Living Area: 1387 Square Feet |
Appliances & Utilities Appliances: ENERGY STAR Qualified Appliances, ENERGY STAR Qualified Water Heater, Water HeaterLaundry: Common Area,Stacked |
Heating & Cooling Has CoolingAir Conditioning: Central Air |
Fireplace & Spa Fireplace: Gas, Kitchen, Primary BedroomHas a Fireplace |
Windows, Doors, Floors & Walls Common Walls: 2+ Common Walls |
Levels, Entrance, & Accessibility Stories: 3Number of Stories: 3Levels: Three Or MoreEntry Location: Front |
View Has a ViewView: Mountain(s), Peek-A-Boo |
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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: Community, Association |
Frontage Not 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: 2023 |
Property Type / Style Property Type: ResidentialProperty Subtype: TownhouseStructure Type: HouseArchitecture: House |
Building Not a New ConstructionAttached To Another StructureNo Additional Parcels |
Property Information Parcel Number: 916732011 |
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Price List Price: $524,999 |
Status Change & Dates Off Market Date: Sun Sep 22 2024 |
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MLS Status: Closed |
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Direction & Address City: Temecula |
School Information High School District: Temecula Unified |
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Community Features: Dog Park, Street Lights, Sidewalks, PoolNot Senior CommunityUnits in Building: 321 |
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HOA Name: Herilooms FarmsHOA Phone: 855-403-3852Association for this Listing: California Regional MLSHas an HOAHOA Fee: $280/Monthly |
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Lot Area: 703 sqft |
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Special Conditions: Standard |
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Listing Terms: Cash, Conventional, 1031 Exchange, FHA, VA Loan |
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Energy Efficiency Features: Insulation, Thermostat, Appliances, Water Heater |
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Mls Number: SW24190080Living Area Range Units: Square FeetAttribution Contact: 323-332-8943Activation Date: Thu Sep 19 2024Common Interest: Planned DevelopmentStart Showing Date: Thu Sep 19 2024Universal Property Id: US-06065-N-916732011-R-N |
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HOA Amenities: Clubhouse,Dog Park,Fire Pit,Outdoor Cooking Area,Barbecue,Picnic Area,Playground,Pool,Spa/Hot Tub |
Price and Tax history
| Date | Event | Price |
|---|---|---|
Oct 7, 2024 Source: CRMLS #SW24190080 | Sold | $520,000 |
Sep 23, 2024 Source: CRMLS #SW24190080 | Pending | $524,999 |
Sep 19, 2024 Source: CRMLS #SW24190080 | PriceChange | $524,999 Price increased by 8% |
Dec 26, 2022 Source: CRMLS #OC22246075 | Pending | $488,295 |
Nov 29, 2022 Source: CRMLS #OC22246075 | Listed For Sale | $488,295 |
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 2026-09-05 15:29:01 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 2026-09-05 15:29:01 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 40557 Melrose Dr
- What is 40557 Melrose Dr estimated to be worth?Trulia's estimated value for 40557 Melrose Dr in Temecula, CA is $500,700.
- What is the price history for 40557 Melrose Dr?40557 Melrose Dr in Temecula, CA last sold for $520,000 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 40557 Melrose Dr have air conditioning?Yes, 40557 Melrose Dr in Temecula, CA has air conditioning.
- Does 40557 Melrose Dr have a pool?Yes, 40557 Melrose Dr in Temecula, CA has a pool.