About This Home

This 3-bedroom, 3-bathroom condo at 40863 Melrose Drive in Temecula, CA is listed for $560,000 ($330 per sqft). Built in 2023, the home offers 1,698 sqft of living space on a 0.02 acres lot.

Key Features

  • Built in 2023
  • 0.02 acre lot
  • 3 stories
  • 2 parking spaces

Property Details

3 stories
2 full, 1 half
2-car garage
2023

Amenities

ViewSpaA/C
Listing Description

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.***

Monthly Cost Estimate

$3,326/mo

20% down · 6.5% · 30 years

Principal$405
Interest$2,427
Insurance$163
HOA$331

Estimates only. Actual payments may vary.

Location

40863 Melrose Drive

Temecula, CA 92591

Property Details

Views

Hills

Heating

Central

Cooling

Central Air

Appliances

MicrowaveGas RangeGas OvenDishwasher

Questions & Answers

This 3-bedroom, 3-bathroom condo at 40863 Melrose Drive is listed at $560,000 ($330/sqft). The estimated monthly payment is $3,326 based on 20% down, a 30-year loan at 6.5% interest, estimated insurance, HOA fees.

HOA fees are $331/month.

Key features include: Built in 2023, 0.02 acre lot, 3 stories, 2 parking spaces.

This property is listed by Blake Cory.

BC

Blake Cory

License 01781649

Agent at eXp Realty of California, Inc.

Listed by eXp Realty of California, Inc. · Broker phone: (888) 584-9427 · Broker website

MLS# SW26210152· Source: California Regional Multiple Listing Service, Inc· 46 days on PropertySimple

Copyright © 2026 California Regional Multiple Listing Service, Inc. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

40863 Melrose Drive, Temecula, CA 92591

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