Watercolors Properties for Sale

$429,900
3 Beds 2 Baths 219148085 MLS ACTIVE Status
This charming home features three bedrooms, two bathrooms, and approximately 1,337 square feet of living space. Situated in an interior location within the community, the property is set back from the street. 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-toned cabinets. You'll also find a dedicated space for your washer and dryer with upper cabinets for additional storage. Watercolors offers a community pool, spa, and clubhouse, with low HOA dues that include cable and internet. Conveniently located near dining, shopping, and more, this home offers a comfortable and convenient place to call your own. 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: The total purchase price, including the silent second, is $429,900. The buyer's purchase portion is $373,900, and the City of La Quinta provides a $56,000 silent second, for a total purchase price of $429,900. Your loan amount would be based on $373,900 minus your down payment, up to 20% (the down payment is separate from the $56,000 silent second). 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 the home as a primary residence. No rentals and no cash purchases. The 2025 combined gross income limits are:1 person: $68,901-$89,450; 2 people: $78,751-$102,250; 3 people: $88,601-$115,000; 4 people: $98,401-$127,800

47755 Soft Moonlight, La Quinta

$414,999
3 Beds 2 Baths 219150624 MLS ACTIVE Status
Seller is willing to consider all reasonable offers. Welcome to this inviting 3-bedroom, 2-bath home featuring a spacious open floor plan with vaulted ceilings, ideally situated on a desirable corner lot in the Watercolors 55+ community. The southwest-facing front courtyard is perfect for enjoying afternoon sunshine and mountain views. Inside, the living room offers a cozy fireplace, while the kitchen is thoughtfully designed with convenient pull-out drawers. The primary suite features a generous walk-in closet, dual vanities, and a walk-in shower. Two additional guest bedrooms, a full guest bath, and an indoor laundry room provide comfortable everyday living. A newer HVAC system adds year-round comfort and efficiency. Residents enjoy low HOA dues along with access to a community pool, spa, and clubhouse, all conveniently located near shopping, dining, parks, and healthcare. Watercolors is an income-restricted 55+ community. This home is offered through the La Quinta Housing Authority affordable housing program and includes a $103,000 silent second trust deed. Qualified buyers must be approved for financing based on the full purchase price of $419,999; however, monthly principal and interest payments are based on approximately $316,999, as no monthly payments are required on the silent second. Buyer must occupy the property as a primary residence. No rentals, cash purchases, or investor purchases are permitted. Household income limits apply: 1 person: $62,651-$87,300; 2 people: $71,601-$99,750; 3 people: $80,551-$112,250; 4 people: $89,501-$124,700.

47788 Dancing Butterfly, La Quinta

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