This beautiful 1,348 sq. ft., 3 BR, 2 BA home with many upgrades is located in the much-desired 55+ gated development of Watercolors. It is one of the few homes within the community that is situated on a premium corner lot with mountain views. Watercolors is a 55+ Senior Community and income qualified offering low maintenance living, community pool, spa and clubhouse. This property carries a $103,000 silent second with the La Quinta Housing Authority and must meet the moderate-income requirements. Total purchase price including silent second is $469,000 ($366,000 + $103,000 = $469,000). The minimum down payment is 3% of total purchase price. Loan is based on $366K. Great price for living in La Quinta, the fabulous Gem of the Desert for under 400K is a steal! Listing price includes the $103k silent second. Call for details!