
47788 Dancing Butterfly, La Quinta, CA 92253
47788 Dancing Butterfly, La Quinta, CA 92253
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.
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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 ListingsComparative Market Analysis
Affordable Tier · 5 active · 5 closed
Watercolors · La Quinta · Single Family Residence
Listed 30.4% below the median closed sale of $575,000. Price per sqft ($297) is a 22% discount to closed comps ($382).
Price Position
Priced below the market — value advantage over the field.
Active Properties (5)
Active Comparables
| Address | City | Year | BD | BTH | SqFt | LotSz | LP/SqFt | LP | DIM | Score |
|---|---|---|---|---|---|---|---|---|---|---|
| 79268 Rose Dawn | La Quinta | 2007 | 3 | 2 | 1,337 | 3,049 | $310 | $415,000 | 1 | 96 |
| 79337 Sign Of Spring Street | La Quinta | 2007 | 3 | 2 | 1,337 | 3,049 | $292 | $389,900 | 95 | 95 |
| 47755 Soft Moonlight | La Quinta | 2006 | 3 | 2 | 1,337 | 3,049 | $311 | $415,900 | 144 | 94 |
| 79355 Rose Dawn | La Quinta | 2006 | 2 | 2 | 1,231 | 3,049 | $297 | $365,000 | 64 | 92 |
| 79335 Rose Dawn | La Quinta | 2006 | 2 | 2 | 1,231 | 2,614 | $337 | $415,000 | 94 | 88 |
| Total: 5 · Average | 2.6 | 2.0 | 1,294.6 | 2,962 | $309.4 | $400,160 | 79.6 | |||
| Median | 1,337 | $415,000 | ||||||||
Closed Properties (5)
Closed Comparables
| Address | City | Year | Date | BD | BTH | SqFt | LotSz | LP | SP | SP/SqFt | SP/LP | DIM | Score |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 47865 Endless Sky | La Quinta | 2007 | 07/29/2026 | 3 | 2 | 1,337 | 3,049 | $431,000 | $431,000 | $322 | 1.00 | 25 | 95 |
| 53745 Avenida Juarez | La Quinta | 2007 | 08/28/2026 | 3 | 2 | 1,518 | 4,792 | $649,000 | $649,000 | $428 | 1.00 | 118 | 81 |
| 53545 Avenida Ramirez | La Quinta | 1999 | 07/31/2026 | 3 | 2 | 1,479 | 4,792 | $599,000 | $575,000 | $389 | 0.96 | 91 | 79 |
| 78280 Springtime Way | La Quinta | 1995 | 09/16/2026 | 3 | 2 | 1,371 | 5,227 | $579,000 | $583,000 | $425 | 1.01 | 99 | 77 |
| 60268 Sweetshade Lane | La Quinta | 2004 | 09/04/2026 | 2 | 2 | 1,359 | 6,970 | $499,000 | $472,900 | $348 | 0.95 | 142 | 75 |
| Total: 5 · Average | 2.8 | 2.0 | 1,412.8 | 4,966 | $542,180 | $542,180 | $382.4 | — | 95 | ||||
| Median | 1,371 | $575,000 | $575,000 | ||||||||||
Market Analysis
List vs Sale $/SqFt
Sale Price Trend
Days on Market
Sale vs List Price
This analysis was generated automatically from MLS data. For an in-depth, human-reviewed valuation, contact Joseph Sardella at josephsardella@gmail.com.