1516 Monarch Drive
Santa Ynez, CA, 93460 $ 4,999,000
Bedrooms5 Baths3.2 Sq 3,726 Monthly Estimate*
$ 31,187
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.
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FeaturesGeneralLiving Area 3726.0
Sewer Septic Type Unknown
Heating Central
Cooling Central Air
Roof Shingle Composition
Zoning AG-I-5
Architectural Style Ranch
Pool Features Above Ground Private
Security Features Gated Community
3/4 Baths 0
Full Baths 3
Half Baths 2
Year Built 1972
View Mountain(s) Hills
Levels One
Property Subtype Single Family Residence
Community Features Valley
County Santa Barbara
New Construction No
Property Type A
HOA No
Attached Garage No
Other Structures Barn(s) Guest House
Status Active
City Santa Ynez
Senior Community Y/N No
MLS Area Santa Ynez Valley
Lot Size Units Square Feet
Lot Size Square Feet 223898.0
Property Attached Y/N No
Standard Status Active
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InteriorFlooring Tile Wood
Kitchen Appliances Disposal Dishwasher Refrigerator Microwave
Fireplace Features Family Room Bonus Room
Total Stories 1
Common Walls No Common Walls
Air Conditioning Y/N Yes
Heating Y/N Yes
Fireplace Y/N Yes
Total Bathrooms 5.0
Laundry Features Inside Washer Included Dryer Included
Total Baths 5
Total Bedrooms 5
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ExteriorParking Features Driveway
Lot Features Landscaped Horse Property Back Yard Ranch
Lot Size Area 223898.0
Spa Yes
Pool Y/N? No
Building Area Total 3726.0
Lot Size Acres 5.14
Road Surface Type Gravel
Land Lease Type Fee
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* 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 $11,715,513
Percent of Sale Price 134%
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.
793437 Elementary School
793428 Middle School
Unknown High School High School
Pricing History| Date | Price | Price Change | Description |
|---|
| 10/30/2025 | $4,999,000 | | Listed Price |