40863 Melrose Drive
Temecula, CA 92591
Listing broker / agent: eXp Realty of California, Inc. · Blake Cory · 951-216-3319 · CRMLS
MLS # SW26210152 · Last checked Oct 22, 2026 03:37 UTC
About this property
An amazing home with a lower mortgage payment for your first year! Lender-paid savings available to qualified buyers—see details below. 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. ***Eligible buyers may qualify for temporary, lender-funded assistance that reduces their principal-and-interest payments during the first year. Full contractual principal-and-interest payments apply after the assistance ends. Taxes, insurance, and other applicable housing expenses are additional. Available on qualifying conventional and FHA purchase loans through the participating lender, subject to underwriting approval, program restrictions, and availability. Buyers must qualify at the full note rate and may choose any lender. Down payment and other closing costs apply.***
Property details
- MLS number
- SW26210152
- Status
- Active
- Type
- Residential
- Subtype
- Condominium
- Beds / baths
- 3 Beds • 3 Baths
- Living area
- 1,698 Sq Ft
- Lot size
- 0.0202 acres
- County
- Riverside
- Year built
- 2023
More property detailsCollapse
Listing
- Days on market
- 19
Building
- Year built
- 2023
- Year built source
- Public Records
- Building stories
- 3
- Levels
- Three Or More
- Entry level
- 1
- Living area source
- Assessor
Bathrooms
- Full bathrooms
- 2
- Half bathrooms
- 1
Rooms & interior
- Main-level bedrooms
- 0
- Main-level bathrooms
- 1
- Rooms
- Bedroom, Family Room, Kitchen, Laundry
- Appliances
- Dishwasher, Gas Oven, Gas Range, Microwave
- Interior features
- All Bedrooms Up
- Heating
- Central
- Cooling
- Central Air
- Fireplace
- None
- Laundry
- Laundry Closet, Stacked
Exterior & parking
- Total parking spaces
- 2
- Garage spaces
- 2
- Attached garage
- Yes
- Pool
- Community, Association
- Spa
- Community
- Lot size source
- Assessor
- Property outlook
- Hills, Neighborhood
Utilities & community
- Water
- Public
- Sewer
- Public Sewer
- Community features
- Biking, Curbs, Gutters, Storm Drains, Street Lights, Suburban, Sidewalks, Pool
- Association amenities
- Barbecue, Picnic Area, Playground, Pickleball, Pool, Spa Hot Tub
Fees & lease terms
- Association
- Yes
- Association fee
- $331.00
- Association fee frequency
- Monthly
Schools reported in the listing
- High school district
- Temecula Unified
School information is supplied with the listing. Confirm current attendance boundaries and enrollment eligibility directly with the school district.
Nearby public schools
Nearby does not mean assigned. These are approximate straight-line distances from the property, not walking or driving routes. Confirm attendance boundaries, enrollment eligibility, grades and current school status directly with the district.
| School / district | Grades | Distance |
|---|---|---|
| Ysabel Barnett Elementary Temecula Valley Unified · Temecula | K–5 | 0.9 mi |
| Daniel N. Buchanan Elementary (school website, opens in a new tab) Murrieta Valley Unified · Murrieta | K–5 | 1.0 mi |
| Chaparral High Temecula Valley Unified · Temecula | 9–12 | 1.2 mi |
| James L. Day Middle Temecula Valley Unified · Temecula | 6–8 | 1.3 mi |
| Warm Springs Middle (school website, opens in a new tab) Murrieta Valley Unified · Murrieta | 6–8 | 1.6 mi |
| Citrus Springs Charter (school website, opens in a new tab) Orange County Department of Education · Temecula | K–12 | 1.6 mi |
| River Springs Charter (school website, opens in a new tab) Riverside County Office of Education · Temecula | K–12 | 1.6 mi |
| Empire Springs Charter (school website, opens in a new tab) Helendale Elementary · Temecula | K–12 | 1.6 mi |
Source: California Department of Education · 2025-26 school locations. Downloaded Oct 2, 2026 UTC. This annual snapshot may not reflect later changes. Public schools only; not a complete list of education options. No ratings or attendance assignments are provided.
Check the California School Directory ↗Price and tax history
Asking price
- Current asking price
- $560,000
- MLS-reported original asking price
- $560,000
- MLS-reported previous asking price
- $560,000
- MLS-reported last price change
- 2026-10-16 09:04 UTC
| Observed (UTC) | Asking price |
|---|---|
| Oct 22, 2026 02:19 | $560,000 |
MLS values are reported for this listing, not prior sales. Observation dates show when our importer saw an asking price, not when the MLS changed it. Up to 24 observations are retained; changes between refreshes may be missed. This is not a complete price or sales history.
Property taxes
Tax history is not available from the imported listing data.
Source: MLS feed. Only supplied tax years are shown, up to 10 years; this is not a county tax archive. Amounts may be corrected and taxes may change after purchase. Verify assessments and current taxes with the county. These values do not automatically fill the payment calculator.
Market trends in Temecula
Active residential homes for sale in Temecula, CA, available through this website's authorized feed. Includes residential subtypes; excludes rentals. Not the entire market or a valuation of this property.
Observed price activity · past 30 days
97 currently active listings have an observed price-change pair ending in this period. A listing can appear in both counts.
Calculated 2026-10-22 04:26 UTC. Source: this website's authorized MLS inventory. Import progress, freshness rules and coverage affect the figures. Medians exclude missing/invalid values; price per sq ft is the median of individual listing ratios. Price observations are limited to the last 24 per listing and may miss changes between refreshes. This is not a complete 30-day market report, historical inventory trend, appreciation measure, or sold-price analysis.
Payment calculator
Explore a fixed-rate loan scenario. The price comes from this listing; a 20% down payment and 30-year term are starting assumptions, not requirements. Enter your own interest rate—not APR—and estimated costs.
Illustration only—not a rate quote, preapproval, lending offer or affordability determination. Assumes equal monthly payments on a fully amortizing fixed-rate loan; no adjustable rates, interest-only periods or balloon payments. Excludes closing costs, utilities, maintenance, special assessments and other unentered costs. Actual payments and escrow can differ. Review a Loan Estimate with your lender.
Understanding homeownership costs — CFPB ↗