Skip main navigation
For sale
  • Listed by: Reliable Realty Inc. • Hank Greer • Contact: 951-640-5441
    Price increase: $15K (7/20)
    $500,000

    40391 Melrose Dr, Temecula, CA 92591

    2beds
    1,387sqft
    : 
    $3,670/mo
    Get pre-qualified
    Condominium
    Built in 2024
    -- sqft lot
    $499,400 Zestimate®
    $360/sqft
    $280/mo HOA

    What's special

    SHORT SALE APPROVED!! 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.
    114 days
    |
    553
    |
    28
    |

    Likely to sell faster than

    Zillow last checked:

    Listing updated:

    Listed by:

    Hank Greer DRE #01869747 951-640-5441,

    Reliable Realty Inc.

    Source: CRMLS,MLS#: SW26070814MLS LogoOriginating MLS: California Regional MLS

      Facts & features

      Interior

      Bedrooms & bathrooms
      • Bedrooms: 2
      • Bathrooms: 3
      • Full bathrooms: 2
      • 1/2 bathrooms: 1
      • Main level bathrooms: 1
      Rooms
      • Room types: Bedroom, Foyer, Kitchen, Laundry, Living Room, Primary Bedroom, Other
      Primary bedroom
      • Features: Primary Suite
      Bedroom
      • Features: All Bedrooms Up
      Other
      • Features: Walk-In Closet(s)
      Heating
      • Central
      Cooling
      • Central Air
      Appliances
      • Laundry: Inside, Laundry Room
      Features
      • All Bedrooms Up, Entrance Foyer, Primary Suite, Walk-In Closet(s)
      • Has fireplace: No
      • Fireplace features: None
      • Common walls with other units/homes: 2+ Common Walls
      Interior area
      • Total interior livable area: 1,387 sqft

      Property

      Parking
      • Total spaces: 2
      • Parking features: Garage - Attached
      • Attached garage spaces: 2
      Features
      • Levels: Three Or More
      • Stories: 3
      • Entry location: 1
      • Pool features: Association
      • Has view: Yes
      • View description: None
      Details
      • Parcel number: 916752003
      • Special conditions: Short Sale

      Construction

      Type & style
      • Home type: Condo
      • Property subtype: Condominium
      • Attached to another structure: Yes
      Condition
      • New construction: No
      • Year built: 2024

      Utilities & green energy

      • Sewer: Public Sewer
      • Water: Public

      Community & HOA

      Community
      • Features: Curbs, Dog Park, Gutter(s), Storm Drain(s), Street Lights, Suburban, Sidewalks
      HOA
      • Has HOA: Yes
      • Amenities included: Barbecue, Picnic Area, Playground, Pickleball, Pool
      • HOA fee: $280 monthly
      • HOA name: Heirloom Farms
      • HOA phone: 855-403-3852
      Location
      • Region: Temecula

      Financial & listing details

      • Price per square foot: $360/sqft
      • Date on market: 4/6/2026
      • Cumulative days on market: 114 days
      • Listing terms: Subject To Other,Submit

        Estimated market value

        $499,400

        $474,000 - $524,000

        $2,797/mo

        Price history

        DateEventPrice
        7/20/2026Price change$500,000+3.1%$360/sqft
        Source: CRMLS #SW26070814 Report a problem
        4/6/2026Listed for sale$485,000-11.5%$350/sqft
        Source: CRMLS #SW26070814 Report a problem
        10/30/2024Sold$548,095+2.8%$395/sqft
        Source: CRMLS #OC24160754 Report a problem
        9/16/2024Pending sale$533,295$384/sqft
        Source: CRMLS #OC24160754 Report a problem
        8/26/2024Price change$533,295+0.2%$384/sqft
        Source: CRMLS #OC24160754 Report a problem
        8/8/2024Listed for sale$532,295$384/sqft
        Source: CRMLS #OC24160754 Report a problem

        Public tax history

        Tax history is unavailable.

        Monthly payment

        Est. payment

        Payment breakdown

        Explore the cost of this home by adjusting the details. Changes won't be saved.
        All calculations are estimates and provided by Zillow, Inc. for informational purposes only. Actual amounts may vary.
        HOA fees may include property taxes on listings classified as Co-Ops. Contact the listing agent and/or owner for fee details.
        Mortgage interest rates are dependent on a number of factors, including credit score, down payment, and repayment length. Interest rate data provided by Zillow Group Marketplace, Inc. as of 1/1/1970 from various mortgage lenders with which we have lead or other similar arrangements; the Estimated Payment is an average of those rates.
        See how much you could borrow to make a competitive offer.

        Climate risks

        Neighborhood: 92591

        Getting around

        6 / 100
        Car-Dependent
        21 / 100
        Minimal Transit
        22 / 100
        Somewhat Bikeable

        Nearby schools

        GreatSchools rating

        A local agent can set up tours, give advice and negotiate with sellers.

        Browse local experts

        Similar homes

            • Local buyer's agents are ready to help