Price Reduction - Adult 55+
Address
47788 Dancing Butterfly, La Quinta, CA
Price
$ 414,999
Property Attributes
  • MLS#219150624
  • TypeSingle Family
  • Listing Status Active
  • CountyRiverside
  • CityLa Quinta
  • Area313 -La Quinta South of HWY 111
  • NeighborhoodWatercolors
  • Zip92253
  • StyleSingle Family Residence
  • Year Built2007
  • Price$ 414,999
  • Bedrooms3
  • Full Bathrooms2
  • Half Bathrooms0
  • Sqr Footage1348
Data Source:
California Desert Association of REALTORS® (CDAR)
Property Description

Seller is willing to consider all reasonable offers. Welcome to this inviting 3-bedroom, 2-bath home featuring a spacious open floor plan with vaulted ceilings, ideally situated on a desirable corner lot in the Watercolors 55+ community. The southwest-facing front courtyard is perfect for enjoying afternoon sunshine and mountain views. Inside, the living room offers a cozy fireplace, while the kitchen is thoughtfully designed with convenient pull-out drawers. The primary suite features a generous walk-in closet, dual vanities, and a walk-in shower. Two additional guest bedrooms, a full guest bath, and an indoor laundry room provide comfortable everyday living. A newer HVAC system adds year-round comfort and efficiency. Residents enjoy low HOA dues along with access to a community pool, spa, and clubhouse, all conveniently located near shopping, dining, parks, and healthcare. Watercolors is an income-restricted 55+ community. This home is offered through the La Quinta Housing Authority affordable housing program and includes a $103,000 silent second trust deed. Qualified buyers must be approved for financing based on the full purchase price of $419,999; however, monthly principal and interest payments are based on approximately $316,999, as no monthly payments are required on the silent second. Buyer must occupy the property as a primary residence. No rentals, cash purchases, or investor purchases are permitted. Household income limits apply: 1 person: $62,651-$87,300; 2 people: $71,601-$99,750; 3 people: $80,551-$112,250; 4 people: $89,501-$124,700.

Price History
7/23/2026 Listed $419,999
8/31/2026 1$414,999

General Features

Living Area 1348
Sewer In, Connected and Paid
Heating Fireplace(s),Forced Air,Natural Gas
Cooling Air Conditioning,Ceiling Fan(s),Central Air
HOA Fee 316
Garage Spaces 2
Association Fee Includes Clubhouse
Pool Features Community,In Ground
Security Features Gated Community
Year Built 2007
Levels Ground
Property Subtype Single Family Residence
Assoc Fee Paid Per Monthly
County Riverside
Property Type Residential
Association Amenities Controlled Access,Guest Parking,Maintenance Grounds,Management
HOA true
Attached Garage true
Subdivision Name Watercolors
Status Active
City La Quinta
Senior Community Y/N true
MLS Area 313 -La Quinta South of HWY 111
Listing Terms Cash to New Loan,Conventional,FHA,VA Loan
Spa Features Community,In Ground
Standard Status Active
Year Built Source Assessor

Interior Features

Flooring Vinyl,Tile
Furnished Y/N Unfurnished
Total Fireplaces 1
Fireplace Features Other,Living Room
Total Stories 1
Air Conditioning Y/N true
Heating Y/N true
Fireplace Y/N true
Total Baths 2

Exterior Features

Fencing Block
Parking Features Guest
Total Parking 2
Lot Size Area 3920
Spa true
Building Area Total 1348
Lot Size Source Assessor

Amenities

  • Foreclosure
  • Views
  • Short Sale
  • New Construction
  • Adult 55+
  • Lease To Own
  • No HOA Fees
  • Furnished
  • Primary On Main
  • Air Conditioning
  • Seller Finance
  • Green
  • Fixer Upper
  • Horse
  • Golf
  • Fireplace
  • Deck
  • Garage
  • Basement
  • Pool

Property vs Single Family Average in 92253

Price
AVG $1.69M
$410K
Year Built
AVG 2003
2007

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