Brand new, energy-efficient home ready NOW! Photos are of builder model home. Cook meals with the family in the expansive kitchen that looks out to the backyard. White cabinets with ornamental white granite countertops, granite valley EVP flooring and brown textured carpet in our Crisp 2 package. Meet Valiant at Heirloom Farms, a community of single-family homes now selling with newly opened model homes in Temecula, CA. This community offers residents amenities for the whole family and is conveniently located in the award-winning Temecula school district. Each energy-efficient home also comes standard with features that go beyond helping you save on utility bills—they allow your whole family to live better and breathe easier too.* Each of our homes is built with innovative, energy-efficient features designed to help you enjoy more savings, better health, real comfort and peace of mind.
Sold for $749,635
Listed by: Meritage Homes of California • Michelle Shepherd • Contact: 951-241-8482
Bought with: Coldwell Banker Realty
Tax assessed value
$749,635
40486 Melrose Dr, Temecula, CA 92591
4beds
2,155sqft
Single Family Residence
Built in 2024
2,613 Square Feet Lot
$727,800 Zestimate®
$348/sqft
$3,579 Estimated rent
Home value
$727,800
$691,000 - $764,000
$3,579/mo
Zestimate® history
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$4,885/mo
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$4,885/mo
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Zillow last checked:
Listing updated:
Listed by:
Michelle Shepherd DRE #00976964 951-241-8482,
Meritage Homes of California
Bought with:
Andrew Tseng, DRE #02002834
Coldwell Banker Realty
Source: CRMLS,MLS#: OC24112948
Originating MLS: California Regional MLS
Originating MLS: California Regional MLSFacts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 4
- Bathrooms: 3
- Full bathrooms: 3
- Main level bathrooms: 2
- Main level bedrooms: 1
Rooms
- Room types: Bedroom, Kitchen, Laundry, Other, Pantry
Bedroom
- Features: Bedroom on Main Level
Bathroom
- Features: Bathroom Exhaust Fan, Dual Sinks, Low Flow Plumbing Fixtures
Kitchen
- Features: Kitchen Island, Kitchen/Family Room Combo
Other
- Features: Walk-In Closet(s)
Pantry
- Features: Walk-In Pantry
Cooling
- Central Air, ENERGY STAR Qualified Equipment, High Efficiency, Zoned
Appliances
- Included: Dishwasher, ENERGY STAR Qualified Appliances, ENERGY STAR Qualified Water Heater, Free-Standing Range, Self Cleaning Oven, Tankless Water Heater, Water Heater
- Laundry: Washer Hookup, Gas Dryer Hookup, Laundry Room
Features
- Pantry, Stone Counters, Recessed Lighting, Smart Home, Bedroom on Main Level, Walk-In Pantry, Walk-In Closet(s)
- Flooring: Carpet, Laminate, Vinyl
- Doors: Panel Doors
- Windows: Double Pane Windows, ENERGY STAR Qualified Windows
- Has fireplace: No
- Fireplace features: None
- Common walls with other units/homes: No Common Walls
Interior area
- Total interior livable area: 2,155 sqft
Property
Parking
- Total spaces: 2
- Parking features: Direct Access, Garage
- Attached garage spaces: 2
Features
- Levels: Two
- Stories: 2
- Entry location: Ground
- Patio & porch: Covered
- Pool features: Community, Association
- Has spa: Yes
- Spa features: Association, Community
- Fencing: Vinyl
- Has view: Yes
- View description: Neighborhood
Lot
- Size: 2,613 Square Feet
- Features: 0-1 Unit/Acre
Details
- Parcel number: 916740053
- Zoning: RES
- Special conditions: Standard
Construction
Type & style
- Home type: SingleFamily
- Property subtype: Single Family Residence
Materials
- Drywall, Stucco
- Roof: Concrete
Condition
- Under Construction
- New construction: Yes
- Year built: 2024
Details
- Builder model: Residence 3
- Builder name: Meritage Homes
Utilities & green energy
- Electric: Standard
- Sewer: Public Sewer
- Water: Public
- Utilities for property: Cable Available, Electricity Connected, Natural Gas Connected, Sewer Connected, Water Connected
Green energy
- Energy efficient items: Construction, HVAC, Insulation, Lighting, Thermostat, Windows, Appliances, Water Heater
- Water conservation: Low-Flow Fixtures, Water-Smart Landscaping
Community & HOA
Community
- Features: Dog Park, Park, Street Lights, Sidewalks, Pool
HOA
- Has HOA: Yes
- Amenities included: Pool, Spa/Hot Tub
- HOA fee: $149 monthly
- HOA name: Heirloom Farms HOA
- HOA phone: 855-403-3852
Location
- Region: Temecula
Financial & listing details
- Price per square foot: $348/sqft
- Tax assessed value: $749,635
- Annual tax amount: $12,312
- Date on market: 6/18/2024
- Cumulative days on market: 3 days
- Listing terms: Cash,Conventional,Cal Vet Loan,1031 Exchange,FHA,Fannie Mae,VA Loan
- Inclusions: Live.Now deisgn package, M.Connect
- Road surface type: Paved
Price history
| Date | Event | Price |
|---|---|---|
| 1/29/2025 | Listing removed | $3,600$2/sqft |
Source: Zillow Rentals Report a problem | ||
| 11/5/2024 | Price change | $3,600-4%$2/sqft |
Source: Zillow Rentals Report a problem | ||
| 10/13/2024 | Listed for rent | $3,750$2/sqft |
Source: Zillow Rentals Report a problem | ||
| 9/25/2024 | Sold | $749,635$348/sqft |
Source:  CRMLS #OC24112948 Report a problem | ||
| 8/12/2024 | Pending sale | $749,635$348/sqft |
Source: CRMLS #OC24112948 Report a problem | ||
| 8/9/2024 | Price change | $749,635+3.6%$348/sqft |
Source: CRMLS #OC24112948 Report a problem | ||
| 6/18/2024 | Pending sale | $723,295$336/sqft |
Source: CRMLS #OC24112948 Report a problem | ||
| 6/18/2024 | Listed for sale | $723,295$336/sqft |
Source: CRMLS #OC24112948 Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $12,312 +149.4% | $749,635 +765.2% |
| 2024 | $4,938 +324.9% | $86,643 +2% |
| 2023 | $1,162 +3% | $84,945 +2% |
| 2022 | $1,128 | $83,280 |
Find assessor info on the county website
Neighborhood: 92591
Nearby homes
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- $699,5453 bd3 ba1.7k sqft40472 Melrose Dr, Temecula, CA 92591Sold
Nearby schools
GreatSchools rating
- 9/10Ysabel Barnett Elementary SchoolGrades: K-5Distance: 0.9 mi
- 8/10James L. Day Middle SchoolGrades: 6-8Distance: 1.4 mi
- 9/10Chaparral High SchoolGrades: 9-12Distance: 1.1 mi
Schools provided by the listing agent
- High: Chaparral
Source: CRMLS. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.
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Estimated market value
$727,800
Get a cash offer in 3 minutes
Find out how much your home could sell for in as little as 3 minutes with a no-obligation cash offer.
Estimated market value
$727,800
- California
- Riverside County
- Temecula
- 92591
- 40486 Melrose Dr
Nearby cities
Nearby zip codes
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