SoCal Realty & InvestmentsSoCal Realty & InvestmentsCall (760) 801-6550
← All homes
79338 Cool Reflection1 / 61 · Click to zoom

About this home

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

🏠 HomeFax

Public-record history for this property.

🌊 Flood zoneX / Low/Medium Risk
🏷 Last sold$284,000 · Nov 2018
📋 Assessed value$204,803
💵 Annual tax$3,168
🏫 School districtDesert Sands Unified School District

MLS #IG26074690MR

🔥 Risk & insurability

🔥 Fire hazard zoneNot in a State-designated fire hazard zone
🌊 FEMA flood zoneZone X — minimal/moderate flood risk

FEMA National Flood Hazard Layer · CAL FIRE 2024 FHSZ

🧮 Affordability calculator

Estimate your monthly payment. Adjust the numbers to fit your budget.

Down payment %
Interest rate %
Loan term (yrs)
Property tax %/yr
Home insurance %/yr
Estimated total monthly payment
$2,706
Principal & interest$2,184
Property tax$396
Home insurance$126
Down payment: $86,400Loan: $345,600

Estimates only — not a loan offer. Actual rates, taxes, and insurance vary. Talk with your agent and a lender for exact figures.