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For sale
    • Listed by: Pinnacle Real Estate Group • Lynn Ren • Contact: 909-525-3318
    Price cut: $39K (6/4)
    $699,999

    40718 Melrose Dr, Temecula, CA 92591

    4beds
    2,112sqft
    : 
    $4,822/mo
    Get pre-qualified
    Single Family Residence
    Built in 2023
    3,250 Square Feet Lot
    $-- Zestimate®
    $331/sqft
    $169/mo HOA

    What's special

    Generous closet spaceOwned solarSpacious master bedroomDouble sink bathroom
    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.
    158 days
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    392
    |
    19
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    Zillow last checked:

    Listing updated:

    Listed by:

    Lynn Ren DRE #01517653 909-525-3318,

    Pinnacle Real Estate Group

    Source: CRMLS,MLS#: TR26022940MLS LogoOriginating MLS: California Regional MLS

      Facts & features

      Interior

      Bedrooms & bathrooms
      • Bedrooms: 4
      • Bathrooms: 3
      • Full bathrooms: 3
      • Main level bathrooms: 1
      • Main level bedrooms: 1
      Rooms
      • Room types: Bedroom, Den, Kitchen, Laundry, Living Room
      Bedroom
      • Features: Bedroom on Main Level
      Kitchen
      • Features: Kitchen Island, Kitchen/Family Room Combo, Walk-In Pantry
      Cooling
      • Central Air
      Appliances
      • Laundry: Laundry Room, Upper Level
      Features
      • Eat-in Kitchen, Bedroom on Main Level
      • Flooring: Carpet, Vinyl
      • Has fireplace: No
      • Fireplace features: None
      • Common walls with other units/homes: No Common Walls
      Interior area
      • Total interior livable area: 2,112 sqft

      Property

      Parking
      • Total spaces: 2
      • Parking features: Garage - Attached
      • Attached garage spaces: 2
      Features
      • Levels: Two
      • Stories: 2
      • Entry location: Main
      • Pool features: Above Ground, Community, Association
      • Has spa: Yes
      • Spa features: Association, Community
      • Has view: Yes
      • View description: Neighborhood
      Lot
      • Size: 3,250 Square Feet
      • Features: 16-20 Units/Acre
      Details
      • Parcel number: 916740035
      • Special conditions: Standard

      Construction

      Type & style
      • Home type: SingleFamily
      • Property subtype: Single Family Residence
      Condition
      • New construction: No
      • Year built: 2023

      Utilities & green energy

      • Electric: 220 Volts
      • Sewer: Public Sewer
      • Water: Public
      • Utilities for property: Cable Connected, Electricity Available, Natural Gas Available
      Green energy
      • Energy generation: Solar

      Community & HOA

      Community
      • Features: Park, Street Lights, Pool
      HOA
      • Has HOA: Yes
      • Amenities included: Barbecue, Playground, Pool
      • HOA fee: $169 monthly
      • HOA name: Heirloom Farms Community Association
      • HOA phone: 855-403-3852
      Location
      • Region: Temecula

      Financial & listing details

      • Price per square foot: $331/sqft
      • Tax assessed value: $703,488
      • Annual tax amount: $11,870
      • Date on market: 2/20/2026
      • Cumulative days on market: 159 days
      • Listing terms: Cash,Cash to New Loan,Conventional

        Estimated market value

        Not available

        Estimated sales range

        Not available

        $3,611/mo

        Price history

        DateEventPrice
        6/4/2026Price change$699,999-5.3%$331/sqft
        Source: CRMLS #TR26022940 Report a problem
        4/22/2026Price change$739,000-2.1%$350/sqft
        Source: CRMLS #TR26022940 Report a problem
        2/20/2026Listed for sale$755,000+9.4%$357/sqft
        Source: CRMLS #TR26022940 Report a problem
        11/25/2024Listing removed$3,400$2/sqft
        Source: Zillow Rentals Report a problem
        9/5/2024Listed for rent$3,400$2/sqft
        Source: Zillow Rentals Report a problem
        7/19/2023Sold$690,000$327/sqft
        Source: Public Record Report a problem

        Public tax history

        YearProperty taxesTax assessment
        2025$11,870 -0.6%$703,488 +2%
        2024$11,936 +136.4%$689,695 +664.1%
        2023$5,049 +321.2%$90,263 +2%
        2022$1,199 $88,494
        Find assessor info on the county website

        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.
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        Climate risks

        Neighborhood: 92591

        Getting around

        17 / 100
        Car-Dependent
        25 / 100
        Some Transit
        15 / 100
        Somewhat Bikeable

        Nearby schools

        GreatSchools rating

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