
La Quinta, California 92253
This 55+ Single Family Residence represents a Strong Value Opportunity, listed at a List Price of $431,000—positioned well below the $422,514 Fair Market Value by -2%. Featuring a Good Condition Rating and a private, enclosed patio, this home offers a stable, low-maintenance lifestyle within a community featuring a pool and spa. Given the specific income and residency requirements, this property is an ideal acquisition for active adult owner-occupants or retirees seeking an affordable, amenity-rich primary residence in La Quinta.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 47865 Endless Sky Subject | $431,000* List Price | 3 | 2 | 1,337 | $316 | - |
A 47825 Endless Sky Sold | $422,900 | 3 | 2 | 1,337 | $316 | 0.0 mi |
B 79324 Rose Dawn Sold | $433,000 | 3 | 2 | 1,348 | $321 | 0.1 mi |
C 47685 Dancing Butterfly Sold | $425,000 | 3 | 2 | 1,337 | $318 | 0.1 mi |
D 47755 Soft Moonlight Active | $429,900 List Price | 3 | 2 | 1,337 | $322 | 0.1 mi |
* Subject property listed price vs sold prices of comps.
Property is move-in ready.
Built in 2007, the property is approximately 17 years old, placing it in the 'Good' category. The exterior and community areas appear well-maintained and functional; while systems and interiors are likely original, the age suggests they remain move-in ready.
The $103,000 silent second mortgage held by the Housing Authority reduces the buyer's out-of-pocket cost to $328,000, offering an exceptionally affordable entry point into the La Quinta market.
Situated at the end of a cul-de-sac with a private, enclosed patio, the property offers enhanced privacy and reduced traffic compared to other homes in the subdivision.
Residents benefit from a well-maintained 55+ community lifestyle, including access to a pool, spa, and clubhouse, all while being close to local shopping and dining.
Strict minimum and maximum income limits, age restrictions, and the requirement for primary residency significantly narrow the pool of potential qualified buyers.
The prohibition on rentals, all-cash purchases, and investment buyers eliminates traditional exit strategies and limits the property's long-term financial flexibility.
Located in a 55+ affordable housing community, this home offers three bedrooms, two baths, a dedicated laundry room, and a two-car garage. Situated at the end of a cul-de-sac, the property includes a private, enclosed patio. Residents enjoy access to community amenities such as a pool, spa, and clubhouse, with convenient proximity to local shopping and dining. 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 $431,000 ($328,000 + $103,000) However, BUYER'S OUT OF POCKET COST WILL be $328,000($431,000 - $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.
No exterior & parking available.
Grades K-5 • 1.2 mi
Grades 6-8 • 1.1 mi
Grades 9-12 • 0.9 mi
No sensitive facilities data found.
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 3.0 | 3.0 |
| Baths | 2.0 | 4.0 |
| Square foot | 1,337 | 2,476.5 |
| Lot Size | 3,049 | 8,712 |
| Price | $431.0K | $1.00M |
| Price per sq ft | $322 | $397 |
| Built year | 2007 | 2003 |
| HOA | $316.0 | $545 |
| Days on market | 19 | 71 |
Jul 3, 2026
$431,000
Initial Listing
May 30, 2008
$270,000
Public Record