470 E Avenida Olancha Palm Springs, CA 92264
Tahquitz River Estates NeighborhoodEstimated payment $1,103/month
Highlights
- In Ground Pool
- Panoramic View
- Fireplace
- Palm Springs High School Rated A-
- Furnished
- Living Room
About This Home
New co-ownership opportunity by Pacaso: Own one-eighth of Bacana, a professionally managed, turnkey home. Bacana is a reimagined Palm Springs micro-resort where outdoor gathering spaces meet private retreat living. This one-of-a-kind Pacaso property features five individual casita-style guest suites, each thoughtfully appointed with its own kitchen, bathroom, and dining nook-offering a blend of shared spaces and private accommodations. Designed to embrace indoor-outdoor living, the heart of the property is the expansive outdoor courtyard, anchored by a saltwater pool, spa, and mountain views.The central social space is the spacious cabana, featuring a 10-person dining and seating area and a culinary demonstration kitchen with BBQ, burner cooktop, dishwasher, and sink. Additional features include an outdoor fireplace, industrial fans, ambient lighting, and a recessed flat-screen TV - creating a comfortable setting for outdoor dining and entertaining.Each suite is fully furnished and professionally decorated, providing flexible accommodations across the property. With indoor-outdoor flow, mountain views, and Pacaso's professional property management, owners benefit from a turnkey ownership experience in the Palm Springs area.
Home Details
Home Type
- Single Family
Year Built
- Built in 1949
Lot Details
- 8,712 Sq Ft Lot
- Drip System Landscaping
- Sprinklers on Timer
Property Views
- Panoramic
- Mountain
Interior Spaces
- 1,550 Sq Ft Home
- Furnished
- Fireplace
- Living Room
- Dining Room
- Painted or Stained Flooring
- Closed Circuit Camera
Bedrooms and Bathrooms
- 5 Bedrooms
- 5 Bathrooms
Parking
- 3 Car Parking Spaces
- 3 Parking Garage Spaces
- Driveway
Pool
- In Ground Pool
- In Ground Spa
Utilities
- Central Heating and Cooling System
Community Details
- Tahquitz River Estates Subdivision
- Card or Code Access
Listing and Financial Details
- Assessor Parcel Number 508353022
Map
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 |
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft | Prior Sale |
|---|---|---|---|---|---|
| 03/12/2026 03/12/26 | For Sale | $175,000 | -91.3% | $113 / Sq Ft | |
| 03/03/2021 03/03/21 | Sold | $2,000,000 | 0.0% | $1,290 / Sq Ft | View Prior Sale |
| 03/03/2021 03/03/21 | Pending | -- | -- | -- | |
| 01/13/2021 01/13/21 | For Sale | $2,000,000 | +354.5% | $1,290 / Sq Ft | |
| 01/29/2016 01/29/16 | Sold | $440,000 | +19.2% | $284 / Sq Ft | View Prior Sale |
| 12/24/2015 12/24/15 | Pending | -- | -- | -- | |
| 12/09/2015 12/09/15 | For Sale | $369,000 | -- | $238 / Sq Ft |
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 |
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Previous Owner | $399,750 | Adjustable Rate Mortgage/ARM | |
| Previous Owner | $496,000 | Purchase Money Mortgage | |
| Previous Owner | $82,500 | Seller Take Back |
Source: California Desert Association of REALTORS®
MLS Number: 219144687
APN: 508-353-022
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