47825 Endless Sky, La Quinta, California 92253, La Quinta, 92253 - 3 bed, 2 bath

47825 Endless Sky, La Quinta, California 92253 home-pic-0
ACTIVE$352,000
47825 Endless Sky, La Quinta, California 92253
3Beds
2Baths
1,337Sqft
3,049Lot
Year Built
2007
Close
-
List price
$352K
Original List price
$352K
Price/Sqft
$263
HOA
$304
Days on market
-
Sold On
-
MLS number
219132896DA
Home ConditionGood
Features
Patio
ViewPeek-A-Boo

About this home

We found 3 Cons,5 Pros. Rank: price - $352.0K(2th), sqft - 1337(7th), beds - 3(50th), baths - 2(35th).

Total purchase price is $455,000 ($352,000+$103,000). Situated within the 55+ community of Watercolors, this impressive 3-bedroom, 2-bathroom home boasts a spacious and open floor plan with vaulted ceilings. As a moderate-income qualified property, it includes a $103,000 silent second provided by the LQ Housing Authority, catering to 55+ owner-occupants who meet income and asset criteria. The gated community offers a recreation center, community pool and spa, and low HOA dues that cover internet and cable services. The residence features wood-like flooring throughout, tile flooring in the kitchen and bathrooms, solar lights in two bedrooms, granite countertops, and various upgrades, including newer cabinetry and appliances in the kitchen. This property exemplifies pride of ownership, presenting a clean and move-in-ready living space. 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.

Nearby schools

6/10
Harry S. Truman Elementary School
Public,K-51.2mi
5/10
La Quinta Middle School
Public,6-81.2mi
6/10
La Quinta High School
Public,9-120.9mi

Price History

Date
Event
Price
07/18/25
$352,000
Condition Rating
Good

Built in 2007, this property falls within the 10-20 year age range for a 'Good' rating. The MLS description highlights 'newer cabinetry and appliances in the kitchen,' 'granite countertops,' and 'wood-like flooring throughout, tile flooring in the kitchen and bathrooms,' which are supported by the images. The kitchen features black appliances, light wood cabinets, and speckled granite, which are functional and well-maintained, though not ultra-modern. Bathrooms also show updated tile flooring and clean vanities. The overall condition is clean, move-in ready, and shows pride of ownership with minimal wear and tear, aligning perfectly with the 'Good' criteria.
Pros & Cons

Pros

Significant Financial Assistance: A $103,000 silent second mortgage from the LQ Housing Authority substantially reduces the effective purchase price for qualified buyers, making homeownership more accessible.
Modern & Move-in Ready: The home features recent upgrades including newer cabinetry, appliances, wood-like flooring, tile, granite countertops, and solar lights, indicating pride of ownership and a clean, move-in ready condition.
Excellent Community Amenities & Value: The gated 55+ community offers a recreation center, community pool and spa, with low HOA dues that conveniently cover internet and cable services, enhancing lifestyle and value.
Spacious & Open Floor Plan: The property boasts a spacious and open floor plan complemented by vaulted ceilings, creating an airy and comfortable living environment.
Age-Restricted Community Benefits: Being part of a 55+ community provides a tailored lifestyle, a quiet environment, and opportunities for social engagement with peers, appealing to its target demographic.

Cons

Strict Eligibility & Purchase Restrictions: The property is subject to stringent income, asset, age (55+), and usage (primary residence, no rentals, no all-cash, no investment buyers) criteria, significantly narrowing the pool of eligible buyers.
Silent Second Mortgage Complexity: While beneficial, the silent second mortgage introduces complexity to the transaction and potential future ownership, including specific repayment terms or restrictions upon resale.
Limited Resale Market: The combination of 55+ age restrictions and moderate-income qualification criteria will result in a significantly smaller and more niche resale market compared to unrestricted properties.

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