
La Quinta, California 92253
This Active Adult Single Family Residence is a Strong Value Opportunity, listed at $415,000—positioned well above the $397,323 Fair Market Value by -4%. While the list price reflects the premium of a gated 55+ community, the unique $103,000 "Silent Second" mortgage structure effectively reduces the buyer's out-of-pocket cost to $312,000. Featuring a Good Condition Rating and a private patio, this home offers a low-maintenance lifestyle. It is an ideal acquisition for income-qualified seniors or owner-occupants seeking a secure, move-in ready sanctuary.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 79335 Rose Dawn Subject | $415,000* List Price | 2 | 2 | 1,231 | $323 | - |
A 47825 Endless Sky Sold | $422,900 | 3 | 2 | 1,337 | $316 | 0.1 mi |
B 79324 Rose Dawn Sold | $433,000 | 3 | 2 | 1,348 | $321 | 0.0 mi |
C 47685 Dancing Butterfly Sold | $425,000 | 3 | 2 | 1,337 | $318 | 0.1 mi |
D 47630 Dancing Butterfly Active | $405,000 List Price | 2 | 2 | 1,231 | $329 | 0.1 mi |
* Subject property listed price vs sold prices of comps.
Property is move-in ready.
Built in 2006, this 18-year-old property is well-maintained and move-in ready. The kitchen and bathrooms feature original oak cabinetry and tile countertops which are functional but dated. The interior shows standard wear for its age but remains in solid condition, fitting the 10-20 year criteria for a Good rating.
The unique $103,000 'Silent Second' mortgage structure significantly reduces the buyer's out-of-pocket cost to $312,000, offering a rare entry-level price point for the La Quinta market.
Located in the Watercolors 55+ community, the property offers a low-maintenance lifestyle with access to premium shared amenities including a clubhouse, pool, and spa.
The home features soaring ceilings and a well-conceived floor plan that includes a warm fireplace and a secluded patio, enhancing the sense of space and comfort.
Strict income minimums and maximums, combined with age restrictions, significantly narrow the pool of qualified buyers for this property.
The property is restricted to primary residences only with a total prohibition on rentals and all-cash purchases, eliminating any opportunity for investors or future rental income.
Welcome to Your Secure Sanctuary on Rose Dawn!From the moment you arrive at 79335 Rose Dawn, you will feel an immediate sense of peace, warmth, and belonging. Located in a highly desirable, gated 55+ community, this beautiful 2-bedroom, 2-bathroom home offers 1,231 square feet of pure comfort. The open floor plan and dramatic high ceilings create an airy, harmonious environment filled with natural light. This Property Carries a $103,000 Silent Second with the La Quinta Housing Authority. The total price of the purchase is $415,000 ($312,000 + $103,000) However, BUYER'S OUT OF POCKET COST WILL be $312,000($415,000 - $103,000) or final negotiated price. Income limits minimum and maximum income based on household size:1 person 68,900 to 89,450, 2 people 78,750 to 102,250, 3 people 88,600 to 115,000. 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 • 1.2 mi
Grades 9-12 • 0.8 mi
No sensitive facilities data found.
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 2.0 | 3.0 |
| Baths | 2.0 | 4.0 |
| Square foot | 1,231 | 2,476.5 |
| Lot Size | 2,614 | 8,712 |
| Price | $415.0K | $1.00M |
| Price per sq ft | $337 | $397 |
| Built year | 2006 | 2003 |
| HOA | $316.0 | $545 |
| Days on market | 13 | 71 |
Jul 9, 2026
$415,000
Initial Listing
Oct 7, 2013
$270,000
Public Record
Feb 1, 2007
$220,000
Public Record