$389,900

Beautiful 3-bedroom, 2-bathroom single-family home located in a desirable gated age restricted community in La Quinta. This residence offers a functional and comfortable floor plan with well-proportioned living spaces designed for easy everyday living. Enjoy gorgeous mountain views from the property and the convenience of being near shopping, dining, golf, and local services. The community features a secure gated entrance, pool and spa, clubhouse, and a variety of other amenities that enhance the overall lifestyle experience. A wonderful opportunity to enjoy resort style living in a well-established neighborhood. Watercolors is an income-restricted community. Buyer must occupy the property as a primary residence--no rentals, no cash purchases, and no investor buyers permitted. Financing must be secured through a lender familiar with the City of La Quinta Housing Authority program. This program includes a $103,000 silent second trust deed with the La Quinta Housing Authority (Buyer must be approved for $389,000 but you do not make payments on the silent second. So monthly payments are based on the $286,000). Buyer must occupy the home as a primary residence--no rentals, no cash purchases, and no investors allowed. Buyers must meet income guidelines based on household size: 1 person $62,651 - $87,300: 2 people $71,601 - $99,750: 3 people $80,551 - $112,250: 4 people $89,501 - $124,700. don't let this golden opportunity pass you by.