Uncover a fantastic opportunity to secure a 3-bedroom, 2-bathroom premium corner lot residence in La Quinta for just $337,000 (440,000 - 103,000). Located in Watercolors, an inviting 55+ neighborhood, this home offers affordable, easy-care living complete with access to a clubhouse, pool, and spa. Inside, you'll find airy vaulted ceilings, an intuitive layout, a cozy fireplace, a private patio, and a generous two-car garage. Please note that this property includes a $103,000 silent second mortgage held by the La Quinta Housing Authority.The total price of the purchase is $440,000 ($337,000 + $103,000) However, BUYER'S OUT OF POCKET COST WILL be $337,000($440,000 - $103,000) or final negotiated price. Income limits minimum and maximum income based on household size:1 person 62,501 to 87,300, 2 people 71,651 to 99,750, 3 people 80,551 to 112,250. Must be a primary residence, no rentals, no all cash purchases, no investment buyers.