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About the Listing MRM-EV2903 - MRM-EVHAZWDAV
Own a Premium La Quinta Home for Just $381,000 Out-of-Pocket! Take advantage of an incredible, rare opportunity to secure a beautiful, fully upgraded 3-bedroom, 2-bathroom corner lot home in the desirable Watercolors 55+ community. This highly affordable, low-maintenance residence features an inviting layout with airy vaulted ceilings, a cozy fireplace, a private patio, a generous two-car garage, and community perks like a clubhouse, pool, spa, and included cable/Wi-Fi. Please note: To qualify for this community, buyers must use the home as their primary residence. No investment buyers, rentals, or all-cash purchases are permitted. Pricing, Financing, and Income Qualifications: The financial breakdown for this affordable housing program is as follows: The total purchase price is $440,000, which includes a $56,000 silent second mortgage held by the La Quinta Housing Authority. This drastically lowers the buyer's actual out-of-pocket base cost to just $381,000 (minus a $3,000 earnest money deposit or the final negotiated price). To qualify, the combined gross income for moderate-income households must fall within the official 2025 Riverside County Housing Authority limits: 1-person household: $62,651 $87,300 2-person household: $71,601 $99,750 3-person household: $80,551 $112,250 4-person household: $89,501 $124,700
Listing Highlights
Status
Active
Days on Site
76
Property Type
Residential
MLS ®
IG26074690MR
Year Built
2006
Total Square Footage
1,337
Lot/Acreage
N/A
County
Riverside
Interior Details
- Bedrooms: 3
- Bathrooms: 2 Full
- Appliances: Gas/Electric Range, Microwave, Oven-Gas
- Air Cond: Central
- Heating: Central
- Fireplaces: Family Room,Gas
- Floor:
- Above Ground Sq Ft:
- Below Ground Sq Ft: n/a
- Basement:
- Other: Call For Rules,PetsPermitted,All Bedrooms Down,Main Floor Bedroom,WalkInCloset,Dining Area,Family Kitchen,In Kitchen
- Water:
Exterior Details
- Garage Capacity: 2 car
- Parking Spaces: 2
- Roof: Shingle,Spanish Tile
- Others:
- Sewer: Public Sewer
- Parking Features: Door Opener,Driveway,Garage,Garage - 1 Car,Gated
Financial Details
- Tax Amount: N/A
- Taxes w/Assessments: N/A
- Tax/Property ID: N/A
- Tax Year: N/A
Payment Calculator
Monthly Payment
- in Principal and Interest
- in Taxes
Years
% Down Payment
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Questions About..
79338 Cool Reflection La Quinta, CA 92253
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