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Sold for $727,000
    • Listed by: CENTURY 21 Affiliated • Naomi Hsiao • Contact: 626-478-6468
    Bought with: CENTURY 21 Affiliated
    $727,000

    40822 Melrose Dr, Temecula, CA 92591

    4beds
    2,112sqft
    Single Family Residence
    Built in 2024
    3,485 Square Feet Lot
    $725,300 Zestimate®
    $344/sqft
    $3,649 Estimated rent

    Home value

    $725,300

    $660,000 - $798,000

    $3,649/mo

    Zestimate® history

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    What's special

    Its own private drivewayOwned solar systemOpen-concept floor planSpacious upstairs loft
    Built in 2024 by Meritage Homes, this stunning residence is the ONLY HOME in the highly desirable Heirloom Farms community located on a PREMIUM CORNER LOT FACING THE COMMUNITY PARK SITTING AREA, complete with ITS OWN PRIVATE DRIVEWAY. Situated within the award-winning Temecula Valley Unified School District, this home offers modern comfort, style, and convenience. Designed with energy efficiency in mind, the home features an owned solar system. The open-concept floor plan includes a downstairs bedroom and full bathroom, a spacious upstairs loft, and a generously sized primary suite with dual sinks and ample closet space. Enjoy resort-style community amenities including a pool, BBQ areas, parks, and zip lines, all while being conveniently close to wineries, shopping, dining, and major freeways. Some photos have been virtually staged with furniture to help illustrate the home’s potential and intended use of space.

    Zillow last checked:

    Listing updated:

    Listed by:

    Naomi Hsiao DRE #02038979 626-478-6468,

    CENTURY 21 Affiliated

    Bought with:

    Naomi Hsiao, DRE #02038979

    CENTURY 21 Affiliated

    Source: CRMLS,MLS#: SW26102842MLS 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, Entry/Foyer, Family Room, Kitchen, Loft, Living Room, Primary Bedroom, Other, Pantry
    Primary bedroom
    • Features: Primary Suite
    Bedroom
    • Features: Bedroom on Main Level
    Kitchen
    • Features: Quartz Counters
    Other
    • Features: Walk-In Closet(s)
    Pantry
    • Features: Walk-In Pantry
    Heating
    • Central
    Cooling
    • Central Air
    Appliances
    • Included: Dishwasher
    • Laundry: Gas Dryer Hookup, Laundry Room
    Features
    • Eat-in Kitchen, Open Floorplan, Pantry, Bedroom on Main Level, Loft, Primary Suite, Walk-In Pantry, Walk-In Closet(s)
    • Flooring: 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
    • Finished area below ground: 0

    Property

    Parking
    • Total spaces: 2
    • Parking features: Driveway Level, Garage
    • Attached garage spaces: 2
    Features
    • Levels: Two
    • Stories: 2
    • Entry location: front door
    • Patio & porch: None
    • Pool features: Community, Association
    • Fencing: Vinyl
    • View description: None
    Lot
    • Size: 3,485 Square Feet
    • Features: 0-1 Unit/Acre, Corner Lot
    Details
    • Parcel number: 916740026
    • Special conditions: Standard

    Construction

    Type & style
    • Home type: SingleFamily
    • Architectural style: Contemporary
    • Property subtype: Single Family Residence
    Materials
    • Roof: Tile
    Condition
    • Turnkey
    • New construction: No
    • Year built: 2024
    Details
    • Builder model: Valiant Plan 3
    • Builder name: Meritage Homes

    Utilities & green energy

    • Sewer: Public Sewer
    • Water: Public
    • Utilities for property: Electricity Connected, Natural Gas Connected, Sewer Connected, Water Connected

    Community & HOA

    Community
    • Features: Park, Pool
    • Security: Carbon Monoxide Detector(s), Smoke Detector(s)
    HOA
    • Has HOA: Yes
    • Amenities included: Fire Pit, Outdoor Cooking Area, Barbecue, Picnic Area, 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: $344/sqft
    • Tax assessed value: $728,325
    • Date on market: 5/15/2026
    • Cumulative days on market: 46 days
    • Listing terms: Cash,Conventional,FHA,VA Loan
    • Inclusions: Paid Solar System
    • Exclusions: Kitchen Refrigerator, Washer, Dryer
    • Road surface type: Paved

    Price history

    DateEventPrice
    7/30/2026Sold$727,000-0.3%$344/sqft
    Source: CRMLS #SW26102842 Report a problem
    7/29/2026Pending sale$729,000$345/sqft
    Source: CRMLS #SW26102842 Report a problem
    7/2/2026Contingent$729,000$345/sqft
    Source: CRMLS #SW26102842 Report a problem
    6/10/2026Price change$729,000-2.7%$345/sqft
    Source: CRMLS #SW26102842 Report a problem
    6/6/2026Price change$749,000-1.3%$355/sqft
    Source: CRMLS #SW26102842 Report a problem
    5/15/2026Listed for sale$759,000+5.9%$359/sqft
    Source: CRMLS #SW26102842 Report a problem
    3/15/2024Sold$716,500$339/sqft
    Source: Public Record Report a problem

    Public tax history

    YearProperty taxesTax assessment
    2026-- $728,325 +2%
    2025$11,911 +51%$714,045 +97.6%
    2024$7,888 +462.2%$361,289 +251.7%
    2023$1,403 +2.8%$102,735 +2%
    2022$1,364 $100,721
    Find assessor info on the county website

    Neighborhood: 92591

    Nearby homes

    Nearby schools

    GreatSchools rating
    Schools provided by the listing agent
    • Elementary: Ysabel Barnett
    • Middle: James Day
    • 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

    $725,300

    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

    $725,300

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