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47788 Dancing Butterfly, La Quinta, CA 92253

$415K3bd · 2ba · 1,348 sqft
Lot 3,920 sqftHOA $316/moSingle Family Residence
Active
47d on marketMLS# 219150624

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.

Features & Amenities

WatercolorsFeeBuilt 2007

Property Details

Subdivision
Watercolors
Land Type
Fee
Year Built
2007
Property Type
Residential
Property Subtype
Single Family Residence
Parking Spaces
2
Garage Spaces
2
Heating
Fireplace(s), Forced Air, Natural Gas
Cooling
Air Conditioning, Ceiling Fan(s), Central Air
Flooring
Vinyl, Tile
City
La Quinta
Zip Code
92253
County
Riverside
Listed byEquity Union, Justin R Smith·760-898-1978

Mortgage Calculator

Current Rates

$
$
%
Monthly Payment
$2,098.46
Principal & Interest
Loan Amount
$331,999
Total Interest
$423,446
Total Payment Over 30 Years
$755,445
This calculator provides estimates only. Actual mortgage payments may include taxes, insurance, HOA fees, and PMI. Contact a lender for accurate quotes.

About Watercolors

This property is located in Watercolors, a community in La Quinta. Explore more listings in this neighborhood to compare options and pricing.

View Watercolors Listings

Comparative Market Analysis

Affordable Tier · 5 active · 5 closed

47788 Dancing Butterfly, La Quinta, CA 92253

Watercolors · La Quinta · Single Family Residence

$415K
Affordable Tier
Beds
3
Baths
2
Sqft
1,348
Lot
3,920 sqft
Year
2007
$/Sqft
$308
Pool: Yes
Spa: Yes
View: mountain
Garage: 2-car

Listed 4.2% below the median closed sale of $433,000.

Price Position

Aligned with the market — fair pricing for the comps.

At market
Subject listed at $415K· $308/sqft
Total list price
Closed comps
vs closed median $433K
$18K (4.2%)
Active comps
vs active median $415K
$1 (0.0%)
Price per sqft
Closed compsinsufficient comp data
Active comps
vs active avg $/sqft $323
$15 (4.7%)

Active Properties (5)

Active Comparables

AddressCityYearBDBTHSqFtLotSzLP/SqFtLPDIMScore
79337 Sign Of Spring StreetLa Quinta2007321,3373,049$299$399,9006096
47755 Soft MoonlightLa Quinta2006321,3373,049$322$429,90010994
79355 Rose DawnLa Quinta2006221,2313,049$297$365,0002992
47752 Endless SkyLa Quinta2006221,2312,614$361$445,00018290
79335 Rose DawnLa Quinta2006221,2312,614$337$415,0005989
Total: 5 · Average2.42.01,273.42,875$323.2$410,96087.8
Median1,231$415,000

Closed Properties (5)

Closed Comparables

AddressCityYearDateBDBTHSqFtLotSzLPSPSP/SqFtSP/LPDIMScore
79324 Rose DawnLa Quinta200706/05/2026321,3483,485$440,000$433,000$3210.982798
47865 Endless SkyLa Quinta200707/29/2026321,3373,049$431,000$431,000$3221.002595
47685 Dancing ButterflyLa Quinta200705/13/2026321,3373,485$425,000$425,000$3181.004682
80890 Via Puerta AzulLa Quinta200405/27/2026221,3714,356$515,000$495,000$3610.9618678
57410 Via Vista VistaLa Quinta200505/15/2026221,3713,485$490,000$470,000$3430.967878
Total: 5 · Average2.62.01,352.83,572$450,800$450,800$33372.4
Median1,348$433,000$433,000

Market Analysis

List vs Sale $/SqFt

Sale Price Trend

Days on Market

Sale vs List Price

AI-generated CMA

This analysis was generated automatically from MLS data. For an in-depth, human-reviewed valuation, contact Joseph Sardella at josephsardella@gmail.com.