LKV Realty
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$419,999
$2,150Reward *
47788 Dancing Butterfly, La Quinta, CA 92253Listing ID 219150624DA

47788 Dancing Butterfly, La Quinta, CA 92253

Active
Watercolors
Time on site: 442 daysLast updated: Jul 24, 2026
Property Type
Property Type
Residential
Property Sub Type
Property Sub Type
Single Family Residence
Bedrooms
Bedrooms
3
Bathrooms
Bathrooms
2
Square Feet
Square Feet
1,348
Acres
Acres
0.09
Days on Site
Days on Site
22
Cooling
Cooling
Central Air
Heating
Heating
Forced Air, Fireplace(s), Natural Gas
Year Built
Year Built
2007
Garages
Garages
2
Parking
Parking
Guest

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.

Property Information

Property Details

Location

Address
47788 Dancing Butterfly
County
Riverside
City
La Quinta
Zip Code
92253
Subdivision
Watercolors
MLS Area
313 - La Quinta South of HWY 111

Interior Features

Beds and Baths

Bedrooms
3
Full Bathrooms
2

Building

Building Information

Square Feet
1,348
Year Built
2007

Financial

Special Conditions
Standard

Homeowner Association

HOA Fee
$316
HOA Fee Frequency
Monthly
Justin SmithEquity Union, (760) 621-0395

Market Report for 92253

* The market data shown is based on available information from Multiple Listing Service (MLS) and/or public records. Data provided is for informational and educational purposes only and may not represent the full housing market. For more accurate information, consumers should consult a certified appraiser or licensed real estate agent.

*Average of $2,150 in rewards is calculated based on the purchase or sale of a home between $400,000 to $449,000. The median home price for all housing types is in the United States is $405,400 as of 2025 as reported by the National Association of Realtors® (NAR). The actual reward amount may vary depending on the purchase or sales price of the home. Please see the Lakeview Home Rewards program terms and conditions for more details. The National Association of Realtors® is a registered trademark of the National Association of Realtors®.

Source: California Regional MLS
California Regional MLS logo

IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.

For corrections to this data please contact Brytecore MLS Support.

CDAR-D78344