Description
Seniors 55+, are you looking for affordable housing in La Quinta to call your own? Welcome to Watercolors. This may be the home for you! So this is how it works. Total purchase price, including the silent second, is $443,800. ($387,800 + City of La Quinta kicks in the $56,000, which is referred to as a silent second)= $443,800. Your loan amount would be based on $387,800 minus your down payment, up to 20% (this is not part of the $56,000). This charming home features three bedrooms, two bathrooms, and approximately 1,337 square feet of living space. Enjoy the convenience of an attached two-car garage with cabinets and a side courtyard with a patio and artificial turf. Step inside to discover an airy open floor plan, tall ceilings, and a cozy gas fireplace in the living room. The kitchen offers stainless steel appliances, a breakfast counter, and warm-tone cabinets. Additionally, you'll find a dedicated space for your washer and dryer with the above cabinets. There is a community pool, spa, and clubhouse. Watercolors is a moderate-income development that carries a silent second with the City of La Quinta. Potential buyers must meet income qualification criteria through the city of La Quinta and purchase as a primary residence. No rentals & no cash purchases. Low HOAS that include cable & internet. Close to dining, shopping, and more. Come and experience the perfect blend of comfort and convenience at Watercolors. The 2025 combined gross income limits are: 1 person: $62,651-$87,300; 2 people: $71,601-$99,750; 3 people: $80,551-$112,250; and 4 people: $89,501-$124,700. Like, who doesn't like downpayment assistance when purchasing a home?
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3BEDS
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0.07ACRES
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2BATHS
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01/2 BATHS
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1,337SQFT
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$290$/SQFT
School Ratings & Info
Description
Seniors 55+, are you looking for affordable housing in La Quinta to call your own? Welcome to Watercolors. This may be the home for you! So this is how it works. Total purchase price, including the silent second, is $443,800. ($387,800 + City of La Quinta kicks in the $56,000, which is referred to as a silent second)= $443,800. Your loan amount would be based on $387,800 minus your down payment, up to 20% (this is not part of the $56,000). This charming home features three bedrooms, two bathrooms, and approximately 1,337 square feet of living space. Enjoy the convenience of an attached two-car garage with cabinets and a side courtyard with a patio and artificial turf. Step inside to discover an airy open floor plan, tall ceilings, and a cozy gas fireplace in the living room. The kitchen offers stainless steel appliances, a breakfast counter, and warm-tone cabinets. Additionally, you'll find a dedicated space for your washer and dryer with the above cabinets. There is a community pool, spa, and clubhouse. Watercolors is a moderate-income development that carries a silent second with the City of La Quinta. Potential buyers must meet income qualification criteria through the city of La Quinta and purchase as a primary residence. No rentals & no cash purchases. Low HOAS that include cable & internet. Close to dining, shopping, and more. Come and experience the perfect blend of comfort and convenience at Watercolors. The 2025 combined gross income limits are: 1 person: $62,651-$87,300; 2 people: $71,601-$99,750; 3 people: $80,551-$112,250; and 4 people: $89,501-$124,700. Like, who doesn't like downpayment assistance when purchasing a home?
Based on information from California Regional Multiple Listing Service, Inc. as of 2025-12-08T08:31:29.723. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is deemed reliable but is not guaranteed accurate by the MLS or Lori Thompson | Coldwell Banker Realty. Licensed in the State of California, USA.