40603 Melrose, Temecula, California 92591, Temecula, 92591 - 3 bed, 3 bath

40603 Melrose, Temecula, California 92591 home-pic-0
ACTIVE$569,900
40603 Melrose, Temecula, California 92591
3Beds
3Baths
1,698Sqft
3,000Lot
Year Built
2023
Close
-
List price
$570K
Original List price
$600K
Price/Sqft
$336
HOA
$280
Days on market
-
Sold On
-
MLS number
SW25227040
Home ConditionExcellent
Features
Good View: Hills, Mountain(s), Neighborhood, Peek-A-Boo
ViewHills, Mountain(s), Neighborhood, Peek-A-Boo

About this home

We found 3 Cons,5 Pros. Rank: price - $569.9K(23th), sqft - 1698(83th), beds - 3(50th), baths - 3(50th).

PRICED TO SELL...SELLER WANTS IT SOLD....Welcome to this beautifully upgraded 3-bedroom, 2.5-bathroom townhome offering over three spacious levels of modern living in the award-winning Temecula Valley Unified School District. Perfectly designed for functionality and style, this home features an attached 2-car garage, sleek wood-look vinyl flooring throughout, and energy-efficient construction to help lower your utility bills and PAID OFF SOLAR! On the first floor, you’ll find a flexible office/utility space, convenient garage access, and a sliding door that opens to a cozy front patio with Astroturf—perfect for morning coffee or evening relaxation. Head up to the second floor and enjoy a bright and open great room ideal for entertaining. The gourmet kitchen is a chef’s dream with quartz countertops, crisp white cabinetry, a farmhouse sink, modern white tile backsplash, walk-in pantry, and a large center island for prepping or casual dining. The living area also includes a stylish half bath and opens to a private balcony—ideal for indoor/outdoor living. The third floor offers all three spacious bedrooms, including a serene primary suite with a luxurious walk-in closet and en-suite bath. A convenient stackable washer/dryer closet rounds out the upper level. Located in the vibrant Heirloom Farms community, residents enjoy access to resort-style amenities: sparkling pool and spa, BBQ grilling stations, lounges, and two children’s parks. Just minutes to Old Town Temecula, world-renowned wineries, the Promenade Mall, and top-rated schools. Plus, with easy access to I-15, commuting is a breeze. Whether you're a first-time buyer, downsizing, or seeking a smart investment, this home blends modern design, unbeatable location, and long-term value. Don't miss your chance to own a piece of one of Southern California’s most desirable neighborhoods. Schedule your private showing today!

Price History

Date
Event
Price
12/03/25
Price Change
$569,900-2.6%
11/02/25
Price Change
$584,900-1.7%
10/15/25
Price Change
$594,900-0.8%
10/02/25
Listing
$599,900
Condition Rating
Excellent

This property was built in 2023, making it a brand-new construction. The listing details and images confirm modern, high-quality finishes throughout, including a gourmet kitchen with quartz countertops, crisp white cabinetry, a farmhouse sink, and modern tile backsplash. Bathrooms feature contemporary vanities, fixtures, and tiling (subway tile in showers). All components are new, meeting current quality standards, with sleek wood-look vinyl flooring, recessed lighting, and energy-efficient construction with paid-off solar. There is no deferred maintenance or physical depreciation visible.
Pros & Cons

Pros

New Construction & Modern Upgrades: Built in 2023, this townhome features energy-efficient construction, sleek wood-look vinyl flooring throughout, and a gourmet kitchen with quartz countertops, a farmhouse sink, and modern white cabinetry.
Energy Efficiency & Cost Savings: The property boasts energy-efficient construction designed to lower utility bills, complemented by fully PAID OFF SOLAR panels, offering significant long-term savings.
Prime Location & Accessibility: Strategically located minutes from Old Town Temecula, world-renowned wineries, the Promenade Mall, top-rated schools within the Temecula Valley Unified School District, and offers easy access to I-15.
Resort-Style Community Amenities: Residents enjoy access to a range of resort-style amenities within the Heirloom Farms community, including a sparkling pool, spa, BBQ grilling stations, lounges, and two children’s parks.
Functional Layout & Outdoor Spaces: The three-level design includes a flexible first-floor office/utility space, an open great room, a private balcony, and a cozy front patio with Astroturf, enhancing livability and entertainment options.

Cons

Condominium Ownership & HOA Fees: As a townhome, the property is subject to a monthly association fee of $280, which adds to the overall housing cost and implies shared walls and community regulations.
Price Reduction History: The property has undergone multiple price reductions from its original list price of $599,900 to the current $569,900, potentially indicating market resistance or initial overpricing.
Limited Private Outdoor Space: Despite having a front patio and balcony, the overall lot size of 3000 sqft is relatively small, offering limited private outdoor space compared to a traditional single-family home.

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