47815 Dancing Butterfly, La Quinta, California 92253, La Quinta, 92253 - 3 bed, 2 bath

47815 Dancing Butterfly, La Quinta, California 92253 home-pic-0
ACTIVE$360,000
47815 Dancing Butterfly, La Quinta, California 92253
3Beds
2Baths
1,337Sqft
3,920Lot
Year Built
2007
Close
-
List price
$360K
Original List price
$37K
Price/Sqft
$269
HOA
$304
Days on market
-
Sold On
-
MLS number
219133027DA
Home ConditionGood
Features
Good View: Peek-A-Boo
Patio
ViewPeek-A-Boo

About this home

We found 3 Cons,5 Pros. Rank: price - $360.0K(2th), sqft - 1337(7th), beds - 3(50th), baths - 2(35th).

Total purchase price is $450,000 but buyer only pays $360,000( $450k - 90K silent second) This pristine 3BR, 2BA home is nestled in the sought-after 55+ community of Watercolors.Pride of ownership shines through in this impeccable home nestled in a private cul-de-sac. High ceilings, neutral flooring, and a cozy fireplace create a warm and inviting atmosphere in the great room. This home's indoor laundry room and attached two-car garage are incredibly convenient. The open great room concept flows into a spacious kitchen with a breakfast bar, newer appliances, and a garbage disposal.The primary bedroom is a spacious retreat, featuring a large walk-in closet and an en suite bathroom with a dual sink vanity and walk-in shower. The great room features a slider that opens up to an over-sized covered patio, creating an ideal outdoor living space for you and your furry friends. Additional upgrades include newer code compliant Forced Air Unit & A/C with a air purifier, newer Hot Water Heater (2024), newer Toilets in both bathrooms, Rain Gutters, landscape rocks, Surge Protector at Breaker Box and all indoor plumbing was updated in 2024, newer back new windows(bedrooms, guest bath), solar levelor accordian treatments in bedrooms, 2024 .Watercolors is an income qualified community offering low maintenance living, community pool & spa and a clubhouse. Income limits (minimum and maximum income based on household size:1 person 62,501 to 87,300, 2 people 71,651 to 99,750, 3 people 80,551 to 112,250. Must be a primary residence, no rentals, no all cash purchases, no investment buyers. Great vlaue for a home in the Beautiful City of La Quinta. 'The Gem of the Desert'

Nearby schools

6/10
Harry S. Truman Elementary School
Public,K-51.1mi
5/10
La Quinta Middle School
Public,6-81.1mi
6/10
La Quinta High School
Public,9-120.9mi

Price History

Date
Event
Price
08/23/25
Price Change
$360,000-2.7%
08/09/25
Price Change
$370,000
07/22/25
Listing
$37,000
Condition Rating
Good

Built in 2007, this home is well-maintained and move-in ready. It benefits from significant recent system upgrades in 2024, including a newer HVAC, hot water heater, updated plumbing, and some new windows, ensuring major components are within their expected lifespan. While the kitchen features newer white appliances and a mosaic backsplash, the tile countertops are dated. Bathrooms are clean and functional with newer toilets, but the vanity styles are not modern. The property is in solid condition with no immediate renovation needs, but aesthetic updates to the kitchen and bathrooms would elevate its appeal.
Pros & Cons

Pros

Exceptional Value & Financing: The unique 'silent second' mortgage structure offers a significant discount, making the effective purchase price $360,000 for a $450,000 property, representing outstanding value.
Extensive Recent Upgrades: Numerous significant updates in 2024, including a newer code-compliant Forced Air Unit & A/C with air purifier, hot water heater, indoor plumbing, and new windows, ensure low immediate maintenance costs and modern functionality.
Desirable 55+ Community with Amenities: Located in the sought-after Watercolors 55+ community, offering low-maintenance living, a community pool, spa, and clubhouse, catering to a specific lifestyle.
Well-Maintained & Modern Interior: Features high ceilings, neutral flooring, a cozy fireplace, an open great room concept, a spacious kitchen with newer appliances, and a primary suite with a walk-in closet and dual-sink vanity.
Private Cul-de-Sac Location with Outdoor Space: Situated in a private cul-de-sac, providing tranquility, and includes an oversized covered patio ideal for outdoor living and pets.

Cons

Strict Income Qualification: The community imposes specific minimum and maximum income limits based on household size, severely restricting the eligible buyer pool.
Significant Usage Restrictions: Prohibitions on rentals, all-cash purchases, and investment buyers, along with the requirement for it to be a primary residence, limit flexibility and future investment potential.
Age-Restricted Community (55+): Being a 55+ community inherently narrows the market to a specific demographic, potentially extending market time compared to unrestricted properties.

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