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40620 Melrose Dr, Temecula, CA, 92591

$699,999

Home List Price

$8,312*

Closing Credit

3 Bedrooms
2 Full Baths, 1 Partial
1,731 SqFt
$404/SqFt
House

Location

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40620 Melrose Dr, Temecula$699,999

Buyer Closing Credits

$8,312*

1.25% Loan Amount

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Property Highlights

Home TypeSingle Family Residence
Garage2 spaces
Year Built2023
HeatingForced Air, Natural Gas
CoolingCentral Air
MLS #240024600SD
Lot Size0.06 Acres
StatusActive

About 40620 Melrose Dr

Stunning 3-bedroom, 2.5-bath single-family home located in Heirloom Farms, Temecula’s newest and most desirable community! This beautifully upgraded home offers modern comfort and stylish features, with a light-filled open floor plan that flows seamlessly from the spacious living area to the sleek, contemporary kitchen. The kitchen boasts white cabinets, Simply White quartz countertops, stainless steel appliances, and a large island—ideal for breakfast with the family or casual entertaining. The home is finished with Oyster Oak EVP flooring and multi-tone textured carpet, giving it a polished, upscale feel and a warm, inviting atmosphere. Upstairs, the luxurious master suite features a walk-in closet and an en-suite bathroom with dual vanities, glass-enclosed shower. Two additional bedrooms provide ample space for family, guests, or a home office, and they share a well-appointed full bathroom. Outside, you’ll find a private backyard oasis with beautiful pavers and low-maintenance artificial turf, perfect for outdoor dining or simply relaxing. This home is ideally located just steps from the community BBQ area, dog run, and resort-style amenities, including a sparkling pool, thrilling zip line, playground, dog run. Additional highlights include energy-saving features such as a tankless water heater and paid-for solar panels, making this home not only luxurious but eco-friendly and cost-efficient. Just a short drive to the Promenade Mall, top-rated schools, and easy freeway access, this home combines convenience with upscale living and a strong sense of community.

Property Details

Property Features

Property Information:

  • Year Built: 2023
  • Stories: 2
  • Living Area: 1,731 SqFt

Listing Office:

  • Office Name: Coastal Premier Properties
  • Office Phone: (858) 755-4663
  • Listing Agent: Edward Philbrick

Interior Features

Interior Information:

  • Appliances: Dishwasher, Gas Range, Microwave
  • Interior: All Bedrooms Up

Bedroom and Bathroom Information:

  • Partial Bathrooms: 1
  • Full Bathrooms: 2
  • Total Bedroom Count: 3

Exterior Features

Exterior Information:

  • Private Pool: No

Parking Information:

  • Garage Space: 2 spaces
  • Attached Garage: No

Lot Features

Lot Information:

  • Lot Size: 0.06 Acres

Utilities

Utilities Information:

  • Heating: Forced Air, Natural Gas
  • Cooling: Central Air

Other

Directions Information:

  • Directions: Cross Street: Ynez.

Price Information

Listing Price Info

Price Summary:

  • List Price: $699,999
  • Price Per SqFt: $404/SqFt

HOA Fees:

  • Amount: $145
  • Frequency: Monthly
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Housing Market Comparison

See how this home compares to others in Temecula, CA.

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Temecula, CA

City

Med. Sold Price

$756.4K

Med. Price/SqFt

$355

Avg. Days On Market

27

# of Sold Homes

97

40620 Melrose Dr vs Temecula

35 DAYS ON ROCKET

+8 Days

$699,999

-$56.4K Less

$404/SqFt

+$48 More

KEY TAKEAWAY

This property is $56.4K less than the Median Sold Price and $48/SqFt more than other homes in Temecula, CA.

Based on homes sold in the last 12 months

MLS Details

MLS Information:

  • MLS Name: CRMLS
  • MLS Number: #240024600SD

Listing Office:

  • Office Name: Coastal Premier Properties
  • Office Phone: (858) 755-4663
  • Listing Agent: Edward Philbrick

IDX Based on information from California Regional Multiple Listing Service, Inc. and /or other sources. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. The data contained herein is copyrighted by CRMLS and is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited.

The information being provided by California Regional Multiple Listing Service, Inc. (“CRMLS”) is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Any information relating to a property referenced on this web site comes from CRMLS. Properties may or may not be listed by the office/agent presenting the information. Real estate listings held by brokerage firms other than this broker are marked with the Internet Data Exchange logo and detailed information about them includes the names of the listing brokers and listing agents. MLS search engine provided by IHR Technology Services. This data is updated every 2 hours. Some properties appearing for sale on this display may subsequently have sold and may no longer be available.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 11/21/2024, 10:20:53 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Property Sales & Tax

We're sorry, we currently don't have sales or tax history data for this listing.

Payment Calculator

$3,706

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$2,165

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Schools

Schools Nearby

The school rating is a score out of 10, where 10 is the highest and 1 is the lowest. Assigned schools have a bold outline.

Nearby Schools

school-card-donut-261343
8
/10

  • Ysabel Barnett Elementary School

  • 39925 Harveston Dr

  • 0.89 miles

  • Public District Grades KG-5

school-card-donut-261344
7
/10

  • Daniel N. Buchanan Elementary School

  • 40121 Torrey Pines Rd

  • 0.98 miles

  • Public District Grades KG-5

school-card-donut-261345
7
/10

  • Alta Murrieta Elementary School

  • 39475 Whitewood Rd

  • 2.21 miles

  • Public District Grades KG-5

All data from GreatSchools

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $100,391. Residents of Temecula, CA typically earn between $100k-200k each year. Most families are married, with kids. Residents of this area typically have post secondary degree education.

All data provided by Home Junction and Claritas

Frequently Asked Questions About 40620 Melrose Dr

What is the listing price of this property?

The listing price of 40620 Melrose Dr property is $699,999.

What type of property is this?

The property 40620 Melrose Dr is a house located in Temecula, California, 92591.

Is this property for sale now?

Active Listing: 40620 Melrose Dr is For Sale (Active/New) which means the seller is accepting offers.

How many bedrooms and bathrooms does this property have?

The property at 40620 Melrose Dr has 3 bedrooms and 2 full and 1 half bathrooms.

What is the square footage of this property?

The property 40620 Melrose Dr is 1,731 SqFt (source: MLS/tax record).

Which year was this property built?

The year of construction for 40620 Melrose Dr is 2023.

Rocket Homes›California›Riverside County›Temecula›92591›40620 Melrose Dr

This home is located at 40620 Melrose Dr in Temecula, CA and zip code 92591 in the Harveston neighborhood. This 1,731 square foot home, which was built in 2023, sits on a 0.06 acre lot. Features: 3 bedrooms, 3 bathrooms. It has been listed on Rocket Homes since October 17, 2024 and is currently priced at $699,999.

In October 2024 more than 30 listings in Temecula, CA were sold above the asking price. During the same period more than 23 listings were sold at asking price, while more than 44 were sold below. Between September 2024 and October 2024, Temecula, CA real estate market has seen increase in the number of listings by 3.2%. The median list price of listings available in October 2024 was $756,400, while the average time on the real estate market was 27 days.

From Rocket Homes Real Estate and based on county public records data.

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