40863 Melrose Drive, Temecula, CA 92591
40863 Melrose Drive, Temecula, CA 92591
Property Description
Welcome to this beautifully maintained condominium nestled in the heart of Temecula, offering the perfect combination of comfort, convenience, and low-maintenance living. This inviting home features PAID OFF SOLAR and paid off water softener system, a smart, functional floor plan with light-filled living spaces and an open living and dining area that creates a warm atmosphere for relaxing at home or entertaining family and friends. The well-appointed kitchen connects easily with the main living areas, keeping the home feeling open and welcoming. Thoughtfully designed bedrooms provide comfortable private retreats, while the overall layout makes excellent use of the space for everyday living. Step outside to your private patio, an ideal spot for morning coffee, outdoor dining, or unwinding at the end of the day. Beyond your front door, the community offers resort-style amenities including a sparkling pool and spa, outdoor cooking area, picnic spaces, and a playground, providing plenty of opportunities to relax, entertain, and enjoy the Southern California lifestyle. Conveniently located near shopping, dining, award-winning Temecula schools, local parks, Temecula Wine Country, and major commuter routes, this home keeps you connected to everything the area has to offer. Whether you're purchasing your first home, downsizing, or simply looking for an easy-care lifestyle in a desirable Temecula community, this charming condo offers a wonderful opportunity to make Temecula home.
Features & Amenities
Property Details
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Comparative Market Analysis
Residential Tier · 5 active · 5 closed
Temecula · Condominium
Listed in line with the median closed sale of $577,000. Price per sqft ($330) is a 66% discount to closed comps ($978). Closed comps sold at 280% of list — strong seller's market.
Price Position
Aligned with the market — fair pricing for the comps.
Active Properties (5)
Active Comparables
| Address | City | Year | BD | BTH | SqFt | LotSz | LP/SqFt | LP | DIM | Score |
|---|---|---|---|---|---|---|---|---|---|---|
| 32416 Brunello | Temecula | 2025 | 3 | 3 | 1,788 | 0 | $335 | $599,000 | 31 | 89 |
| 40500 Birchfield Drive | Temecula | 2024 | 3 | 3 | 1,504 | 0 | $372 | $560,000 | 5 | 88 |
| 31865 Calle Luz | Temecula | 2015 | 3 | 3 | 1,649 | 767 | $381 | $629,000 | 60 | 88 |
| 31598 Calle Canto | Temecula | 2021 | 2 | 3 | 1,727 | 969 | $324 | $560,000 | 3 | 88 |
| 31827 Calle Brio | Temecula | 2015 | 3 | 3 | 1,734 | 1,067 | $355 | $615,000 | 6 | 87 |
| Total: 5 · Average | 2.8 | 3.0 | 1,680.4 | 934.333 | $353.4 | $592,600 | 21 | |||
| Median | 1,727 | $599,000 | ||||||||
Closed Properties (5)
Closed Comparables
| Address | City | Year | Date | BD | BTH | SqFt | LotSz | LP | SP | SP/SqFt | SP/LP | DIM | Score |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 31929 Calle Luz | Temecula | 2015 | 09/03/2026 | 3 | 3 | 1,734 | 0 | $629,900 | $625,000 | $360 | 0.99 | 56 | 88 |
| 39435 Corvina Lane | Temecula | 2024 | 06/18/2026 | 3 | 3 | 1,514 | 0 | $535,000 | $535,000 | $353 | 1.00 | 40 | 86 |
| 31312 Calle Cirros | Temecula | 2021 | 06/23/2026 | 3 | 3 | 1,523 | 0 | $570,000 | $577,000 | $379 | 1.01 | 69 | 86 |
| 31872 Calle Luz | Temecula | 2015 | 06/30/2026 | 3 | 3 | 1,512 | 0 | $578,000 | $574,000 | $380 | 0.99 | 42 | 84 |
| 44885 Poppy Ridge Drive | Temecula | 2007 | 09/11/2026 | 3 | 3 | 1,548 | 0 | $529,000 | $5.29M | $3,417 | 10.00 | 89 | 84 |
| Total: 5 · Average | 3.0 | 3.0 | 1,566.2 | 0 | $1.52M | $1.52M | $977.8 | — | 59.2 | ||||
| Median | 1,523 | $577,000 | $577,000 | ||||||||||
Market Analysis
List vs Sale $/SqFt
Sale Price Trend
Days on Market
Sale vs List Price
This analysis was generated automatically from MLS data. For an in-depth, human-reviewed valuation, contact Joseph Sardella at josephsardella@gmail.com.