47788 Dancing Butterfly, La Quinta, CA 92253

$400,000
3
BD
2
BA
1,348
SqFt

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List Price
$400,000
Status
ACTIVE
MLS#
219155888
Year Built
2007
Bedrooms
3
Bathrooms
2
Living Sq. Ft
1,348
Lot Size
3,920
Days on Market
0
Property Type
Single Family Residential
Stories
1
Neighborhood
Watercolors

Property Description

Are you looking for a home you can get $100,000 under asking price? Look no further! Discover an exceptional opportunity in the desirable Watercolors 55+ community, where comfort, convenience, and value come together. Situated on a desirable corner lot, this inviting home offers a spacious open floor plan enhanced by vaulted ceilings, creating a bright and welcoming atmosphere. The southwest-facing front courtyard is an ideal spot to enjoy afternoon sunshine and beautiful mountain views. Inside, the comfortable living area features a cozy fireplace, while the thoughtfully designed kitchen offers convenient pull-out drawers for added functionality. The primary suite provides a relaxing retreat with a generous walk-in closet, dual vanities, and a walk-in shower. Two additional guest bedrooms, a full guest bathroom, and indoor laundry complete the well-designed floor plan. Additional peace of mind comes with a newer heating and air conditioning system for year-round comfort. Residents of Watercolors enjoy low HOA fees along with access to a community pool, spa, and clubhouse/meeting room. Conveniently located near shopping, restaurants, parks, and healthcare services, this home offers an appealing combination of lifestyle and location. Watercolors is an income-restricted community. Buyer must occupy the property as a primary residence--no rentals, no cash purchases, and no investor buyers permitted. Financing must be secured through a lender familiar with the City of La Quinta Housing Authority program. This program includes a $103,000 silent second trust deed with the La Quinta Housing Authority (Buyer must be approved for $403k but you do not make payments on the silent second. So monthly payments are based on the $299k). Buyer must occupy the home as a primary residence--no rentals, no cash purchases, and no investors allowed. Buyers must meet income guidelines based on household size: 1 person 62,651 - 87,300: 2 people 71,601 - 99,750: 3 people 80,551 - 112,250: 4 people 89,501 - 124,700.

Additional Information

Land Lease Type
Fee
HOA Fee
Yes
HOA
316
Frequency
Monthly
Association Amenities
Controlled Access, Guest Parking, Maintenance Grounds, Management
Association Fees Include
Clubhouse, Cable TV
Pool
Yes
Pool Description
Community, In Ground
Spa
Yes
Fireplace Description
Other, Living Room
Heat
Natural Gas, Fireplace(s), Forced Air
Cooling
Air Conditioning, Ceiling Fan(s), Central Air
View
Mountain(s)
Parking
Guest
Garage Spaces Total
2
Sewer
In, Connected and Paid

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Calculator source: Real Geeks

Listing courtesy of Equity Union.