The Los Angeles house was the scene of the brutal murders of former owners Leno and Rosemary LaBianca by the Manson Family back in 1969.
Charles Manson entered the home and tied up the couple, before leaving and instructing Patricia Krenwinkel, Leslie Van Houten, Charles Watson and Susan Atkins to carry out the gruesome killings.
The murders took place just one day after the Manson Family killed Sharon Tate, Abigail Folger, Wojciech Frykowski, Steven Parent and Jay Sebring.
The house - 3311 Waverly Drive - was bought by Bagans last July when it was listed for $1.98 million (£1.5m).
He told TMZ at the time that he was 'drawn to the home's history', adding that one of its main selling points was that 'almost everything inside is original'.
However, he's now decided to sell up.
Speaking to TMZ, Bagans explained he initially purchased the property for a film production, but after spending time there he 'started to feel those tragic events' and subsequently shelved the project out of respect for the victims' family.
A description for the home on estate agents redfin.com doesn't mention the property's past.
It reads: "Very rare opportunity to own a home with breathtaking, unobstructed front and back views.
"This classic 1920's Los Feliz gated single story home with a pool is nestled in the prime location north of the Rowena Reservoir.
"Featuring front views of the Silver Lake hills and Downtown Los Angeles, while the rear offers Griffith Park, Glendale and the majestic San Gabriel Mountains.
"An expansive living room with gas fireplace and Italian tile floors opens to a formal dining room with a covered patio that overlooks the pool.
"Lush greenery, including mature fruit trees, frames this 31,000+ sf lot, offering unparalleled privacy.
"You may never want to leave, but when you do, you are minutes away from Griffith Park Observatory and trails, trendy eateries and entertainment.
"The large yard features space made for entertaining or relaxation. Truly, one of a kind."
The house is on sale for $2,200,000 (£1,692,207).Featured Image Credit: redfin.com
Topics: US News