Watercolors La Quinta a 55+ community presents an exceptional Corner Lot home. This beautiful two bedroom two bath home is nestled in the highly sought after area of La Quinta and you will notice the great pride of ownership from the moment you step through the door. Tastefully maintained with very little use, this home is ready to move into. The community offers low maintenance living, community pool & spa and a clubhouse. An attractive feature of this property is its qualification as moderate income, offering a unique financing opportunity with a $40,000 second from The City of La Quinta. This property carries a $40,000 silent second with the La Quinta Housing Authority and you must meet the moderate-income requirements. Total purchase price including silent second is $365,000,000($325,000 + $40,000). Rentals and all cash purchases are not allowed. Income limits are as follows 1 person $68,901 to $89,450 2 people $78,751 to $102,250 3 people $88,601 to $115,000 4 people $98,401 to $127,800.