47685 Dancing Butterfly, La Quinta, California 92253, La Quinta, 92253 - 3 bed, 2 bath
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La Quinta, California 92253
This Turnkey 55+ Senior Residence is listed at $425,000—positioned slightly below the $426,503 Fair Market Value by 1%, providing $1,503 in Instant Equity. Boasting a Good Condition Rating, the home features a Granite Kitchen, ADA-height toilets, and a Private Covered Patio designed for a low-maintenance lifestyle. The unique financial structure includes a $100,000 silent second, facilitating entry into the Watercolors community and its premium amenities. Located in the Desert Sands Unified district near La Quinta High School, this property is a refined sanctuary ideal for Moderate-Income Seniors or Owner-Occupants seeking a primary residence.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 47685 Dancing Butterfly Subject | $425,000* List Price | 3 | 2 | 1,337 | $319 | - |
A 79320 Rose Dawn Sold | $440,000 | 3 | 2 | 1,348 | $326 | 0.1 mi |
B 47788 Dancing Butterfly Sold | $398,000 | 3 | 2 | 1,348 | $295 | 0.1 mi |
C 47615 Soft Moonlight Drive Sold | $443,000 | 3 | 2 | 1,348 | $329 | 0.2 mi |
D 47825 Endless Sky Active Under Contract | $422,900 List Price | 3 | 2 | 1,337 | $316 | 0.1 mi |
* Subject property listed price vs sold prices of comps.
Property is move-in ready.
Built in 2007, this property is well-maintained and move-in ready, fitting the 10-20 year age criteria for a 'good' rating. The interior features high ceilings, granite countertops, and updated HVAC systems. While the white kitchen appliances and cabinetry are original to the construction, the home shows minimal wear, includes modern accessibility features like ADA-height toilets, and requires no immediate renovations.
Located in the desirable Watercolors community, this home offers a vibrant social atmosphere with access to a clubhouse, pool, spa, and social events, with HOA dues conveniently covering cable and internet.
The single-story residence is thoughtfully designed for aging-in-place, featuring ADA-height toilets, an easy-access walk-in shower, an upgraded HVAC system, and new remote-controlled window coverings.
The 1,337 SF floor plan maximizes space with high ceilings, abundant natural light, a granite-clad kitchen, and a versatile third bedroom ideal for a home office or guest room.
As a moderate-income housing community, buyers must adhere to specific income limits and qualification guidelines set by the City of La Quinta, significantly narrowing the pool of potential applicants.
The property carries a $100,000 silent second mortgage and strictly prohibits investors, rentals, or cash purchases, which limits financing options and future resale flexibility.
Welcome to Watercolors, one of La Quinta’s hidden gems, an inviting 55+ community designed for comfort, connection, and easy living. Situated on a quiet corner lot, this beautifully maintained single-story home offers approximately 1,337 SF of well-planned space, with 3 bedrooms and 2 bathrooms. The open layout feels bright and welcoming, with high ceilings, abundant natural light, and a cozy gas fireplace, perfect for relaxing evenings or hosting family and friends. The kitchen is both practical and attractive, featuring granite countertops, warm cabinetry, and a convenient breakfast counter with generous storage, ideal for everyday living without the hassle. The spacious primary suite provides a peaceful retreat, complete with a large walk-in closet and an en-suite bath with dual vanities and an easy-access walk-in shower. A second bedroom is perfect for guests, while the third offers flexibility as a home office, hobby room, or den. This home is thoughtfully equipped for comfort and convenience, including an attached 2-car garage, indoor laundry room with cabinetry, ceiling fans throughout, new remote controlled window coverings and ADA-height toilets for added ease. The upgraded HVAC system ensures year-round comfort, while the private side courtyard and covered patio create a perfect setting for quiet mornings or outdoor relaxation. Enjoy a low-maintenance lifestyle with HOA dues that include cable and internet, along with access to community amenities such as a pool, spa, and clubhouse. Watercolors also offers a welcoming social atmosphere, with community breakfasts, events, and seasonal gatherings that make it easy to connect with neighbors and feel right at home. Furnishings negotiable. IMPORTANT: Watercolors is a moderate-income housing community. The property carries a $100,000 silent second with the La Quinta Housing Authority. There is no interest due or payments on the silent 2nd. Purchase price + silent second = total purchase price, $325,000 + $100,000 = $425,000. Buyer needs to qualify for the lesser amount minus their down payment up to 20%. Buyers must qualify for a loan and have income limits as required by the City of La Quinta. The home must be a primary residence and owner occupied. No investors, rentals or cash purchases are permitted. Please see listing supplements for more information.
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 | 3.0 | 3.0 | 50% |
| Baths | 2.0 | 3.0 | 26% |
| Square foot | 1,337 | 2,596.5 | 4% |
| Lot Size | 3,485 | 9,148 | 5% |
| Price | $425.0K | $969.0K | 3% |
| Price per sq ft | $318 | $400 | 23% |
| Built year | 2007 | 2002 | 77% |
| HOA | $316.0 | $545 | 37% |
| Days on market | 27 | 168 | 1% |
Mar 28, 2026
$425,000
Initial Listing
Mar 27, 2026
$466,500
Initial Listing
May 9, 2022
$425,000
Public Record
Mar 6, 2008
$250,000
Public Record