1516 Monarch Drive
Santa Ynez, CA, 93460 $ 4,999,000
Bedrooms5 Baths3.2 Sq 3,726 Monthly Estimate*
$ 31,187
Listed by Coldwell Banker Realty
for $4,999,000 with 5 bedrooms and 3 full baths, 2 half baths. This 3,726 square foot home was built in 1972 on a lot size of 5.14.
There is no other property in the Santa Ynez Valley like this! This enchanting estate offers country living at its finest - tucked away, extremely private, and situated on a rare cul-de-sac in the highly desirable Happy Canyon, home to the region's premier vineyards. This extraordinary ranch combines natural beauty, refined comfort, and exclusive seclusion in one of the Santa Ynez Valley's most sought-after settings. Discover the charm of country living in this exquisitely updated estate, nestled behind a gated, tree-lined drive for ultimate privacy and tranquility. Every detail of the home and grounds has been thoughtfully curated, from the mature landscaping and blooming gardens to the meandering pathways, unique specimen trees, fragrant lavender field, bamboo meditation gardens and serene water featuresall designed to evoke a peaceful, inviting ambiance. The main residence and guest house together encompass approximately 3,700 square feet of warm and elegant living space, ideal for both relaxed daily living and stylish entertaining. The expansive outdoor area includes a covered patio with integrated lighting, a built-in BBQ, refrigerator, and barperfect for hosting gatherings in a picturesque setting. Indoor-outdoor living is enhanced by a spacious sundeck, spa, and outdoor shower. Additional structures on the property include a newly built stand-alone gym, an art studio, and an outdoor bar, offering versatile spaces for wellness, creativity, and entertaining. A bounty of estate-grown fruits and vegetables can be enjoyed from the raised garden beds and mature fruit trees. Inside, the sun-drenched home features an open-concept layout centered around a chef's kitchen outfitted with top-of-the-line appliances and a wood burning pizza oven. The kitchen seamlessly flows into a refined yet inviting family room and dining area, complete with an elegant wine display. High ceilings and abundant natural light create a sense of airy sophistication throughout. Set on approximately 5.14 acres in the coveted Rancho Estates community, the property also includes equestrian facilities including a barn, arena, and paddock, and/or the potential to cultivate your own boutique vineyard. With access to affordable water and its prime location near the acclaimed Happy Canyon wine region, this is an exceptional opportunity for wine enthusiasts and equestrians alike. Ideally located approximately 35 minutes from Santa Barbara and just minutes from downtown Santa Ynez and Los Olivos, this exceptional estate offers the perfect blend of luxury, privacy, and convenience in one of the Santa Ynez Valley's most exclusive enclaves.
See more
FeaturesGeneralLiving Area 3726
Sewer Septic Type Unknown
Heating Central
Cooling Central Air
Possession Close Of Escrow
Roof Composition Shingle
Appliances Dishwasher Disposal Microwave Refrigerator Dryer Washer
Zoning AG-I-5
Garage Spaces 3
Architectural Style Ranch
Pool Features None
Security Features Gated Community
Year Built 1972
View Hills Mountain(s) Valley
Stories Count 1
Levels One
Property Subtype Single Family Residence
Community Features Gated
County Santa Barbara
New Construction 0
Property Type Residential
HOA 0
Garage Y/N 1
Other Structures Barn(s) Guest House Shed(s)
Full Baths 3
Special Listing Conditions Standard
Status Active
Buyer Financing Cash
Directions Hwy 154 to Armor Ranch Road Right at Happy Canyon and left on Baseline to Monarch.
City Santa Ynez
Senior Community Y/N 0
MLS Area YNEZ - Santa Ynez Valley
Lot Size Units Square Feet
Lot Size Square Feet 223898
Spa Features Above Ground
Property Attached Y/N 0
Standard Status Active
Property Sub Type Additional Single Family Residence
See more
InteriorFlooring Tile Wood
Furnished Y/N Unfurnished
Fireplace Features Bonus Room Family Room
Total Stories 1
Common Walls No Common Walls
Air Conditioning Y/N 1
Heating Y/N 1
Fireplace Y/N 1
Half Baths 2
1/4 Baths 0
3/4 Baths 0
Laundry Features Inside
Total Bedrooms 5
Total Baths 5
See more
ExteriorParking Features Door-Multi Driveway Garage Guest Gravel Gated Oversized Private
Lot Features Back Yard Horse Property Landscaped Ranch
Total Parking 10
Lot Size Area 223898
Spa 1
Building Area Total 3726
Lot Size Acres 5.14
Private Pool 0
Horse Y/N 1
See more
* Excluded FeaturesList ByColdwell Banker RealtyBroker
Affordability Calculator
- Monthly Principal & Interest
- $31,187
- Monthly Property Taxes
- --
- Monthly Home Insurance
- --
Default based on a 30-year fixed rate of 6.375% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
Learn more about how to save NearbySingle family listings in Santa Ynez, CA
Average List Price $11,065,792
Percent of Sale Price 121%
About Santa Ynez, CA 4,609 Population
-3% Since 2002
$ 102,988 Median Income
50.67 Median Age
21% Households with Children
Trends Information provided by ATTOM Data Solutions.
4827338 Elementary School
4827337 Middle School
Unknown High School High School
Pricing History| Date | Price | Price Change | Description |
|---|
| 11/25/2025 | $4,999,000 | | Listed Price |