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$699,900 Just Listed

  • For Sale
  • Active
  • Single Family
  • 3 Beds
  • 2 Full Baths
  • 1 Partial Bath
  • 1,851 Sq. Ft.
  • 2 Car Garage
  • Updated 22 hours ago
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Experience modern living at its finest in the sought-after Valiant collection at Heirloom Farms. This meticulously maintained residence features an open-concept downstairs floor plan perfect for hosting and everyday comfort, brand-new laminate flooring throughout the main level and new plush carpeting upstairs, plus a state-of-the-art water filtration system was professionally installed in 2025. Further inside is the gourmet kitchen that is a chef's delight boasting granite countertops, ample cabinetry, and stainless steel appliances. All bedrooms are conveniently located near the dedicated upstairs laundry room, while the private backyard is designed with relaxation and easy maintenance in mind. Thanks to the high-quality artificial grass that stays lush year-round green without the worries. Residents enjoy resort-style amenities, including a sparkling pool and spa. This home is built with industry-leading energy-efficient features to help save thousands on utility bills (Solar lease: $102/mo). Located in the award-winning Temecula school district, close to shopping, dining, and Wine Country!

Full Property Details for 40540 Melrose Dr

General

  • Price: $699,900
  • HOA FEE: $145/month
  • Status: Active
  • Type: Single Family
  • Source: MRMLS
  • MLS ID: SW26096271
  • Updated: 5/6/2026
  • Days on Market: 2 days
  • Added to Site: 2 day(s) ago

Interior

  • Rooms/Areas: Laundry, All Bedrooms Up, Kitchen
  • Interior Features: Home Automation System, Pantry, Recessed Lighting, Open Floorplan
  • Fireplace(s): None
  • Appliances: ENERGY STAR Qualified Appliances, Microwave, Tankless Water Heater, Vented Exhaust Fan, Free-Standing Range, ENERGY STAR Qualified Water Heater, Dishwasher
  • Flooring: Vinyl, Carpet, Laminate

Rooms

Bathrooms

  • Total Bathrooms: 3
  • Full Bathrooms: 2
  • Half Bathrooms: 1

Bedrooms

  • Total Bedrooms: 3

Other Rooms

  • Laundry: Gas Dryer Hookup, Individual Room, Washer Hookup

Additional Information

  • Shared Amenities: Playground, Pool, Barbecue, Clubhouse, Outdoor Cooking Area, Spa/Hot Tub
  • Pool Description: Association, Community
  • Spa Description: Association, Community

Parking

  • Garage: Yes
  • Garage Spaces: 2
  • Parking: Garage (Direct Access)

Location

  • County: Riverside
  • Driving Directions: Valiant at Heirloom Farms is located off of Date Street and Ynez Road in Temecula, CA

School Information

  • School District: Temecula Unified

Community

  • Community Features: Sidewalks, Suburban, Park
  • Assoc. Name: Vintage Group

Heating & Cooling

  • Cooling Type: SEER Rated 13 to 15, Central Air, ENERGY STAR Qualified Equipment
  • Heating Type: Natural Gas, Humidity Control, Central, ENERGY STAR Qualified Equipment

Utilities

  • Sewer: Public Sewer
  • Water: Public

Structural Information

  • Structure Type: Single Family Residence
  • Builder: Meritage Homes
  • Construction: Spray Foam Insulation, Drywall Walls
  • Roof: Concrete
  • Common Walls: No Common Walls
  • Windows: Double-Pane Windows, ENERGY STAR Qualified Windows
  • Doors: Panel Doors
  • Entry Location: Front
  • Stories/Levels: Two
  • Stories Description: Two
  • Square Feet: 1,851
  • Sq. Ft. Source: Assessor
  • Year Built: 2022
  • Year Built Source: Assessor
  • Property Condition: Turnkey

Lot Features

  • Property View: Mountain(s), Neighborhood
  • Lot Size (Acres): 0.0661
  • Lot Size (Sq. Ft.): 2,879
  • Lot Size Source: Assessor
  • Lot Description: Corner Lot, 0-1 Unit/Acre
  • Fencing (Description): Vinyl

Green Features

  • Energy Efficient: Insulation, Lighting, Construction, Appliances, HVAC, Water Heater, Thermostat, Windows
  • Water Conservation: Flow Control

Financial Considerations

  • Price Per Sq. Ft.: $378.12
  • Association Fee: $145
  • Assoc Fee Freq.: Monthly

Disclosures and Reports

  • Special Conditions: Standard

Listed by Trillion Real Estate, Tyson Robinson and Trillion Real Estate, Chase Lytle

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Listing agents

— 40540 Melrose Dr —

  • Tyson Robinson

    Trillion Real Estate

  • Chase Lytle

    Trillion Real Estate

951-970-5740

Get Pre-Approved Today

Be ready to buy your new home!

with our affiliated lender
NMLS#: 1598647

Get Pre-Approved

Be ready to buy your new home!

with our affiliated lender
NMLS#: 1598647

Get Pre-Approved

Schools serving 40540 Melrose Dr

School District:Temecula Valley Unified School District
NameGradesDistance
Ysabel Barnett Elementary School
39925 Harveston Drive, Temecula, CA 92591
K-50.9 mi
James L. Day Middle School
40775 Camino Campos Verde, Temecula, CA 92591
6-81.5 mi
Chaparral High School
27215 Nicolas Road, Temecula, CA 92591
9-121 mi
Disclaimer: School attendance boundaries provided by ATTOM Data Solutions and are for reference only. Contact the school directly to verify enrollment eligibility.

Price & Sales History for 40540 Melrose Dr Get Price Alerts and Save Property

Date
Details
Price
Change
Source
5/05/2026
Listed
$699,900
13.07%
MLS
3/03/2023
Sold
$619,000
—
Public Record
Get Price Alerts and Save Property
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.

Tax History for 40540 Melrose Dr

Year
Property Taxes
Change
Tax Assessment
Change
2025
$10,840
-1%
$643,885
2%
2024
$10,914
127%
$631,261
689%
2023
$4,803
352%
$79,982
2%
2022
$1,062
—
$78,414
—
Disclaimer: Historical tax information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.

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*These costs are estimates, and the interest rates assume exceptional credit standing.

Be ready to buy your new home!

with our affiliated lender
NMLS#: 1598647

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Listed by Trillion Real Estate, Tyson Robinson and Trillion Real Estate, Chase Lytle

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40540 Melrose Drive, Temecula, CA 92591 (MLS# SW26096271) is a Single Family property with 3 bedrooms, 2 full bathrooms and 1 partial bathroom. 40540 Melrose Drive is currently listed for $699,900 and was received on May 05, 2026. Want to learn more about 40540 Melrose Drive? Do you have questions about finding other Single Family real estate for sale in Temecula? You can browse all Temecula real estate or contact a Coldwell Banker agent to request more information.

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