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40391 MelroseTemecula, CA 92591

Condo/Townhouse · 2 Beds · 2 Full Baths · 1 Half Bath · 1,387 Sq. ft.
$485,000 Active

40391 Melrose Overview

Time on Site:
84 days
Visits:
0

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.

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40391 Melrose Facts & Features

  • Type Condo/Townhouse
  • Sq. ft. 1,387
  • Price/Sq.ft. $350

Details

General

Association/HOA

  • Association Amenities: Barbecue,Picnic Area,Playground,Pickleball,Pool
  • Association Fee: 280.0
  • Association Fee Frequency: Monthly
  • Association Name: Heirloom Farms
  • Association: Yes
  • Common Interest: Condominium

School Information

  • School District: Temecula Unified

Building Information

  • New Construction: No
  • Year Built: 2024

Location/Region

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

Community/Development

  • Community Features: Curbs,Dog Park,Gutter(s),Storm Drain(s),Street Lights,Suburban,Sidewalks
  • Number Of Units In Community: 150

Rent/Lease Information

  • Land Lease: No
  • Lease Considered: No

General Information

  • Listing Terms: Subject To Other,Submit
  • Parcel Number: 916752003
  • Property Sub Type: Condominium
  • Property Type: Residential
  • Senior Community: No
  • Special Listing Conditions: Short Sale

Interior

Parking Information

  • Garage Spaces: 2.0
  • Garage: Yes

Beds/Baths

  • Bathrooms Full: 2
  • Bathrooms Half: 1
  • Bathrooms Total: 3
  • Bedrooms Total: 2

General Information

  • Common Walls: 2+ Common Walls
  • Entry Level: 1
  • Entry Location: 1
  • Fireplace Features: None
  • Fireplace: No
  • Interior Features: All Bedrooms Up,Entrance Foyer,Primary Suite,Walk-In Closet(s)
  • Laundry Features: Inside,Laundry Room
  • Levels: Three Or More
  • Living Area: 1387.0
  • Living Area Source: Assessor
  • Living Area Units: Square Feet
  • Main Level Bathrooms: 1
  • Main Level Bedrooms: 0
  • Stories Total: 3

Exterior

Parking Information

  • Parking Total: 2.0

Lot Information

  • Additional Parcels: No
  • Elevation Units: Feet
  • Water Source: Public

Waterfront/View

    Building Exterior/Construction

    • Attached Garage: Yes
    • Property Attached: Yes
    • Structure Type: House

    General Information

    • Number Of Units Total: 1
    • Pool Features: Association
    • Pool Private: No
    • Sewer: Public Sewer

    40391 Melrose 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.

    40391 Melrose 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.

    40391 Melrose 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

    40391 Melrose History

    Date Event Value Agent
    4/6/2026Source: CRMLS Added to Database
    April 06, 2026
    Listing provided courtesy of Reliable Realty Inc.Hank Greer- MLS# SW26070814MLS ProviderContact Information: [email protected] - 951-696-9090