470 E Avenida Olancha Unit 2 Palm Springs, CA 92264
Tahquitz River Estates NeighborhoodEstimated payment $1,295/month
Total Views
91,315
5
Beds
5
Baths
2,000
Sq Ft
$100
Price per Sq Ft
Highlights
- In Ground Pool
- Panoramic View
- Living Room
- Palm Springs High School Rated A-
- Furnished
- Card or Code Access
About This Home
New co-ownership opportunity: Own one-eighth of this turnkey home, professionally managed by Pacaso. Bacana is a 5-bedroom, 5-bathroom compound perfectly situated at the end of a little cul-de-sac in sunny South Palm Springs. Overlooking the beautiful San Jacinto mountain range, this flexible vacation home is designed to be simple, fresh, and efficient. The compound has been completely reimagined to accommodate families, friends and large groups with fully furnished designer rooms, efficient kitchens, top-of-the-line appliances and original artwork. The five micro living spaces have three full kitchens, two mini bars and five spa-like bathrooms. The compound has been designed to provide each suite with a view of the new salt-water pool, spa, mountains and garden. Bacana has been thoughtfully and thoroughly designed to ensure a comfortable and efficient living experience. The spacious cabana includes a 10-person dining and seating area with a professional culinary demonstration kitchen, all with commanding views of the mountains and pool. Also included in the outdoor kitchen is a BBQ, two-burner cooktop, dishwasher and full sink. Completing the cabana is a large outdoor fireplace, two industrial fans, LED lighting and a recessed flat-screen television. The home comes fully furnished and professionally decorated.
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $26,797
Year Built
- Built in 1949
Lot Details
- 8,712 Sq Ft Lot
- Sprinkler System
Property Views
- Panoramic
- Mountain
- Pool
Interior Spaces
- 2,000 Sq Ft Home
- 1-Story Property
- Furnished
- Living Room
- Dining Room
- Painted or Stained Flooring
- Closed Circuit Camera
- Dryer
Kitchen
- Freezer
- Dishwasher
Bedrooms and Bathrooms
- 5 Bedrooms
- 5 Full Bathrooms
Parking
- 3 Car Parking Spaces
- 3 Parking Garage Spaces
- Driveway
Pool
- In Ground Pool
- In Ground Spa
- Outdoor Pool
- Saltwater Pool
Additional Features
- Built-In Barbecue
- Central Heating and Cooling System
Community Details
- Tahquitz River Estates Subdivision
- Card or Code Access
Listing and Financial Details
- Assessor Parcel Number 5083530220
Map
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Home Values in the Area
Average Home Value in this Area
Tax History
| Year | Tax Paid | Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. | Land | Improvement |
|---|---|---|---|---|
| 2025 | $26,797 | $2,164,864 | $541,216 | $1,623,648 |
| 2023 | $26,797 | $2,080,800 | $520,200 | $1,560,600 |
| 2022 | $27,333 | $2,040,000 | $510,000 | $1,530,000 |
| 2021 | $7,521 | $506,483 | $129,949 | $376,534 |
| 2020 | $6,850 | $471,598 | $128,617 | $342,981 |
| 2019 | $6,802 | $466,930 | $127,344 | $339,586 |
| 2018 | $6,690 | $457,776 | $124,848 | $332,928 |
| 2017 | $6,602 | $448,800 | $122,400 | $326,400 |
| 2016 | $5,083 | $333,000 | $95,000 | $238,000 |
| 2015 | $3,983 | $195,571 | $50,142 | $145,429 |
| 2014 | $3,481 | $191,741 | $49,160 | $142,581 |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 02/20/2025 02/20/25 | Price Changed | $200,000 | -20.0% | $100 / Sq Ft |
| 08/05/2024 08/05/24 | For Sale | $250,000 | -- | $125 / Sq Ft |
Source: California Desert Association of REALTORS®
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Grant Deed | $2,000,000 | Lawyers Title | |
| Grant Deed | $308,909 | Cornerstone Title Company | |
| Grant Deed | $440,000 | Old Republic Title Company | |
| Trustee Deed | $404,000 | Accommodation | |
| Quit Claim Deed | -- | None Available | |
| Interfamily Deed Transfer | -- | Commonwealth Land Title Co | |
| Interfamily Deed Transfer | -- | Commonwealth Land Title Co | |
| Grant Deed | $25,500 | First American Title Co | |
| Grant Deed | $33,500 | First American Title Ins Co |
Source: Public Records
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Open | $650,000 | Credit Line Revolving | |
| Previous Owner | $399,750 | Adjustable Rate Mortgage/ARM | |
| Previous Owner | $496,000 | Purchase Money Mortgage | |
| Previous Owner | $250,000 | Commercial | |
| Previous Owner | $207,000 | Commercial | |
| Previous Owner | $135,000 | Commercial | |
| Previous Owner | $4,050 | Commercial | |
| Previous Owner | $82,500 | Seller Take Back |
Source: Public Records
Similar Home in the area
Source: California Desert Association of REALTORS®
MLS Number: 219114975
APN: 508-353-022
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