79335 Rose Dawn, La Quinta, California 92253, La Quinta, 92253 - 2 bed, 2 bath
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La Quinta, California 92253
This Move-In Ready 55+ Residence is a Strong Value Opportunity with an effective List Price of $321,000—positioned well below the $404,562 Fair Market Value by 21%. This unique financial structure yields $83,562 in Instant Equity through the La Quinta Housing Authority subsidy. Boasting a Good Condition Rating, the home offers a premium lifestyle with soaring ceilings, a warm fireplace, and a secluded patio. Located near La Quinta High School, this sanctuary is perfectly suited for income-qualified seniors and Owner-Occupants seeking a turnkey transition.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 79335 Rose Dawn Subject | $424,000* List Price | 2 | 2 | 1,231 | $329 | - |
A 79320 Rose Dawn Sold | $440,000 | 3 | 2 | 1,348 | $326 | 0.0 mi |
B 47615 Soft Moonlight Drive Sold | $443,000 | 3 | 2 | 1,348 | $329 | 0.1 mi |
C 47752 Endless Sky Active | $445,000 List Price | 2 | 2 | 1,231 | $361 | 0.0 mi |
* Subject property listed price vs sold prices of comps.
Property is move-in ready.
Built in 2006, this property falls within the 10 to 20-year age bracket for a 'good' rating. The home is move-in ready and appears well-maintained with minimal wear. The kitchen features updated stainless steel appliances, although the cabinetry and tile countertops are original to the build. The flooring and soaring ceilings are in good condition, and the overall aesthetic is clean and functional without requiring immediate renovation.
The $103,000 silent second mortgage significantly reduces the buyer's out-of-pocket cost to $321,000, providing a rare entry-level price point for the La Quinta area.
Located in the Watercolors 55+ community, the property offers low-maintenance living with access to premium amenities including a clubhouse, pool, and spa.
Built in 2006, the home features soaring ceilings, a well-thought-out floor plan, and a private patio, offering more contemporary volume than older area alternatives.
Strict minimum and maximum income limits, along with a primary residency requirement, significantly narrow the pool of eligible buyers.
The prohibition on rentals, all-cash purchases, and investment buyers eliminates the property's potential as a traditional real estate investment or income-generating asset.
Discover an incredible chance to own a 2-bed, 2-bath home in La Quinta for only $321,000($424,000 - $103,000). Watercolors, a 55+ community, provides affordable, low-maintenance living with a clubhouse, community pool, and spa. This home features soaring ceilings, a comfortable and well-thought-out floor plan, a warm fireplace, a secluded patio, and a spacious two-car garage.This Property Carries a $103,000 Silent Second with the La Quinta Housing Authority. The total price of the purchase is $424,000 ($321,000 + $103,000) However, BUYER'S OUT OF POCKET COST WILL be $321,000($424,000 - $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 • 1.2 mi
Grades 9-12 • 0.8 mi
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 2.0 | 3.0 | 7% |
| Baths | 2.0 | 3.0 | 26% |
| Square foot | 1,231 | 2,596.5 | 1% |
| Lot Size | 2,614 | 9,148 | 3% |
| Price | $424.0K | $969.0K | 2% |
| Price per sq ft | $344 | $400 | 33% |
| Built year | 2006 | 2002 | 72% |
| HOA | $316.0 | $545 | 37% |
| Days on market | 19 | 168 | 0% |
Apr 3, 2026
$424,000
Initial Listing
Oct 7, 2013
$270,000
Public Record
Feb 1, 2007
$220,000
Public Record