This beautiful 3 BR, 2 BA home is located in the much desired gated 55+ development of Watercolors and situated on a premium corner lot. Featuring high ceilings, neutral flooring, custom shutters and window covers and ceiling fans throughout home, a cozy fireplace in living room with built in TV stand. This floor plan offers an open great room concept, a spacious kitchen with generous counter/cabinet space & breakfast bar. Master bedroom is spacious with a large walk in closet and separate from the 2 guest rooms and guest bathroom. Slider in great room has access to an over-sized covered patio. Watercolors is a 55+ age and income qualified community offering low maintenance living, community pool & spa and a clubhouse. Conveniently located near shopping and dining.This property carries a $48,000 silent second with the La Quinta Housing Authority and you must meet the moderate-income requirements. Total purchase price including silent second is 360,000. Down payment and loan amount are based on purchase price less the silent second ($360,000 - $48,000 = $312,000). Living in the La Quinta, the Gem of the Desert for $312K is a steal. Income limits (minimum and maximum income based on household size): 1 person $44,251 to $65,100,2 people $50,601 to $74,400,3 people $56,901 - $83,700,4 people $63,201 - $93,000.