Think you can’t afford to own a home? If you can qualify for a net price of $389,000 then Watercolors, a highly desirable, affordable, vibrant 55+ gated community welcomes you! The City of La Quinta Housing Authority offers a Silent Second mortgage of $56,000 (details below) for this beautifully maintained, move-in ready, detached 2-bedroom home which includes convenient direct access to the attached 2-car garage. A nice sized patio with a sliding door grants access to the large living room. Step inside to this light and bright, open airy floor plan home with a cozy gas fireplace, ceiling fans and soaring 12 ft. ceilings in the great room. Custom plantation shutters throughout shield the sun. The spacious primary suite includes a 7 ft. vanity with dual sinks, walk-in shower, and a large custom Elfa fitted walk- in closet. There is high-end carpeting in both bedrooms for comfort and the polished floors in the living room and hallway grant an elegant sophisticated look. The kitchen and bathrooms are tiled. The second bedroom is also nice sized with a custom closet. The home exemplifies pride of ownership. This home comes with a Ring security system and doorbell, indoor washer and dryer, and all nearly new stainless steel kitchen appliances. Watercolors community amenities include a beautiful clubhouse available for private parties, pool and spa. The low HOA dues include internet and cable services. Qualified buyers must meet age and moderate-income requirements per the city of La Quinta Housing Authority. So, this is how it works: the total purchase price is $445,000, which includes the city giving you $56,000, which is referred to as a silent second. ($389,000 + $56,000 = $445,000). Your loan amount would be based on $389,000 minus your down payment which can be up to 20% of the $389,000. There are no interest or payments due on the silent second. Buyers need to meet income qualification criteria with the city Housing Authority for only the lesser amount of $389,000. This home must be a primary residence; no rentals, no cash purchases, no investors. The 2026 income limits are as follows: 1 person $68,900 to 89,450, 2 people $78,750 to 102,250, 3 people $88,600 to 115,000, 4 people $98,400 to 127,800.) Know a senior who would like down payment assistance when buying a home? Don’t miss this opportunity for a home close to dining, shopping and nearby million-dollar homes. Come and experience the blend of comfort and convenience at Watercolors
| MLS # | PF26050560 |
|---|---|
| Listing Type | For Sale |
| Style | House |
| HOA Dues | $316 |
| Sub-Type | Resale |
| Status | Active |
| Year | 2006 |
| Days On Site | 180 |
| Listing Provided By | Sotheby's International Realty | Christina Dreyer |
| Bed(s) | 2 |
|---|---|
| Bath(s) | 2 Total |
| SQ Feet | 1,231 |
| Garage | 2 |
| Story(s) | 1 |
| Units | 149 |
| Zoning | R112M |
| Acreage | 0.06 |
| Property View | Yes |
| Cooling | Central Air |
|---|---|
| Heating | Central |
| Heating Yes / No | Yes |
| Cooling Yes / No | Yes |
| Interior Features | Breakfast Bar, Ceiling Fans, Cathedral Ceilings, High Ceilings, Open Floorplan, Walk In Closets |
| Window Features | Plantation Shutters |
| Appliances | Dishwasher, Gas Range, Ice Maker, Microwave, Refrigerator, Water To Refrigerator |
| Fireplace Yes / No | Yes |
| Roof | Tile |
|---|---|
| Security Features | Gated Community, Key Card Entry, Smoke Detectors |
| Construction Materials | Stucco |
| Lot Features | Sprinklers On Side |
| Attached Garage Yes / No | Yes |
|---|---|
| Parking Features | Direct Access, Garage, Garage Door Opener |
| Garage Yes / No | Yes |
| Utilities | Cable Connected |
|---|---|
| Sewer | Public Sewer |
| Community Features | Biking, Street Lights, Suburban, Gated |
|---|
| State | CA |
|---|---|
| County | Riverside |
| City | La Quinta |
| Zip Code | 92253 |
| Area | 313 La Quinta South of HWY 111 |
| Community Name | Watercolors (31371) |
| Listing VS Median (in Watercolors (31371)) | |
Price: $445,000 low | high Med: $425,000 sqft: 1,231 low | high Med: 1,337 $ / sqft: $361 low | high Med: $318 On site: 180 low | high Med: 88 | |
| State | CA |
|---|---|
| County | Riverside |
| City | La Quinta |
| Zip Code | 92253 |
| Area | 313 La Quinta South of HWY 111 |
| Community Name | Watercolors (31371) |
| Listing VS Median (in Watercolors (31371)) | |
Price: $445,000 low | high Med: $425,000 sqft: 1,231 low | high Med: 1,337 $ / sqft: $361 low | high Med: $318 On site: 180 low | high Med: 88 | |