47755 Soft Moonlight, La Quinta, CA 92253

Property Description

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 an indoor laundry room for your washer and dryer (both to convey) and 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 $415,900. The buyer's purchase portion is $359,900, and the City of La Quinta provides a $56,000 silent second, for a total purchase price of $415,900. Your loan amount would be based on $359,900 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