Olancha is a census designated place in Inyo County of the U.S. state of California. Olancha is located on U.S. Route 395 in California, 37 miles south-southeast of Independence. As of the 2010 census, the population was 192, up from 134 at the 2000 census. Located in the Owens Valley next to the now mostly dry Owens Lake, the arid settlement is home to a major bottled water plant for Crystal Geyser Natural Alpine Spring Water.