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40718 Melrose DrTemecula, CA 92591

Single Family · 4 Beds · 3 Full Baths · 2,112 Sq. ft. | 0.07 Acres
$699,999 Active

40718 Melrose Dr Overview

Time on Site:
129 days
Visits:
0

The seller is motivated for quick sale with huge prices reduces. Welcome to Heirloom Farms community, a highly desirable community in the heart of Temecula. Built by Meritage Homes — known for the contemporary design and energy-efficient construction. This beautiful move in ready home has OWNED solar which added the value to the house and provides long-term on energy savings. Located by the community park at the front, adding a nice view and space. The 1st floor open layout offers excellent versatility for living, dining and cooking. Separated bedrooms and bathroom. The 2nd floor has an open loft which is convince for work-from-home or children’s play area, and 3 bedrooms and 2 full baths. The spacious master bedroom with a double sink bathroom and generous closet space. A low-maintenance backyard perfect for relaxing or hosting guests without the burden of extensive daily keeping. Enjoy resort-style community amenities including clubhouse, a pool/spa, picnic BBQ areas, playground and community parks. Award-winning Temecula Valley Unified School District. Conveniently close to Temecula’s renowned wineries, resorts, great schools, shopping, dining, and as well as easy access to both 215 and 15 freeways, making commute and travel easier and faster. This is a great opportunity to own your home which offers location, value and stylishness in this vibrant neighborhood in Temecula.

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40718 Melrose Dr Facts & Features

  • Type Single Family
  • Sq. ft. 2,112
  • Price/Sq.ft. $331
  • Lot 0.07 Acres

Details

General

Association/HOA

  • Association Amenities: Barbecue,Playground,Pool
  • Association Fee: 168.96
  • Association Fee Frequency: Monthly
  • Association Name: Heirloom Farms Community Association
  • Association: Yes
  • Common Interest: None

School Information

  • School District: Temecula Unified

Green Features

  • Green Energy Generation: Solar

Building Information

  • New Construction: No
  • Year Built: 2023

Location/Region

  • Country: US
  • County Or Parish: Riverside
  • MLS Area Major: SRCAR - Southwest Riverside County
  • Postal City: TEMECULA

Community/Development

  • Community Features: Park,Street Lights,Pool

Rent/Lease Information

  • Land Lease: No
  • Lease Considered: No

General Information

  • Listing Terms: Cash,Cash to New Loan,Conventional
  • Parcel Number: 916740035
  • Property Sub Type: Single Family Residence
  • Property Type: Residential
  • Senior Community: No
  • Special Listing Conditions: Standard

Interior

Parking Information

  • Garage Spaces: 2.0
  • Garage: Yes

Beds/Baths

  • Bathrooms Full: 3
  • Bathrooms Total: 3
  • Bedrooms Total: 4

General Information

  • Common Walls: No Common Walls
  • Electric: 220 Volts
  • Entry Level: 1
  • Entry Location: Main
  • Fireplace Features: None
  • Fireplace: No
  • Flooring: Carpet,Vinyl
  • Interior Features: Eat-in Kitchen,Bedroom on Main Level
  • Laundry Features: Laundry Room,Upper Level
  • Levels: Two
  • Living Area: 2112.0
  • Living Area Units: Square Feet
  • Main Level Bathrooms: 1
  • Main Level Bedrooms: 1
  • Spa Features: Association,Community
  • Spa: Yes
  • Stories: 2
  • Stories Total: 2

Exterior

Parking Information

  • Parking Total: 2.0

Lot Information

  • Additional Parcels: No
  • Lot Features: 16-20 Units/Acre
  • Lot Size Area: 3250.0
  • Lot Size Source: Builder
  • Lot Size Square Feet: 3250.0
  • Lot Size Units: Square Feet
  • Elevation Units: Feet
  • Water Source: Public

Waterfront/View

    Building Exterior/Construction

    • Attached Garage: Yes
    • Property Attached: No
    • Structure Type: House

    General Information

    • Number Of Units Total: 1
    • Pool Features: Above Ground,Community,Association
    • Pool Private: No
    • Sewer: Public Sewer
    • Utilities: Cable Connected,Electricity Available,Natural Gas Available

    40718 Melrose Dr Neighborhood

    Community

    92591 (Temecula) Demographics

    36
    Median Age
    2,526
    Population Density (per sq. mile)
    44%
    College Educated
    $89,574
    Estimated Median Income
    7,993
    Estimated Total Home Owners
    5,088
    Estimated Total Renters
    61% / 39%
    Estimated Owner / Renter Divide
    3
    Estimated Average Household Size
    Community data courtesy of LiveBy, Inc.

    Schools

    School data courtesy of LiveBy, Inc. School ratings are based on a scale of 1-5, with 5 being the highest rating and 1 being the lowest rating.

    40718 Melrose Dr Monthly Cost

    $
    $ %
    %
    $
    $
    * All calculations are estimates and provided by Reliance Network, for informational purposes only. Actual amounts may vary. ** Assumes 6.50% APR, 20% down payment, and conventional 30-year fixed rate first mortgage. Rates cited are for instructional purposes only; current rates are subject to change at any time without notice. You should not make any decisions based simply on the information provided. Additional required amounts such as taxes, insurance, homeowner association dues, assessments, mortgage insurance premiums, flood insurance or other such required payments should also be considered. Contact your mortgage company for current rates and additional information. Any mortgage broker or insurance agent that may appear is independent and is not affiliated with, endorsed by, or provided by the MLS.

    40718 Melrose Dr Market Data

    Based on the last 30 days in this zip code

    $997,635
    Average List Price
    $403
    Average Price per Square Foot
    40
    Properties Sold
    70
    Average Days on Market
    422
    Properties for Sale
    Calculations provided by Reliance Network

    40718 Melrose Dr History

    Date Event Value Agent
    6/4/2026Source: CRMLS Price Reduction
    $699,999 -5.3%
    4/22/2026Source: CRMLS Price Reduction
    $739,000 -2.1%
    2/20/2026Source: CRMLS Added to Database
    February 20, 2026
    Listing provided courtesy of Pinnacle Real Estate GroupLynn Ren- MLS# TR26022940MLS ProviderContact Information: 626-888-9808