1516 Monarch Dr , Santa Ynez, CA 93460
$4,495,000
Est. Payment: $22,698.43/mo
5 Bed
5 Bath
3726 Sqft
Status: active | Days on site: 218
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VCR-C15903466 - VCR-C159091383,VCR-C159052275

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House Description

For those who value total privacy and a beautiful setting without giving up proximity to local shops and restaurants, this home delivers on every level. 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. The property is equipped with fully owned solar panels, offering enhanced energy efficiency and long-term savings. 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.

Highlights

Listed by Jade Mills , 310-285-7508 and Tiffany Mills , 310-849-9592 Coldwell Banker Realty , 310-777-6200. CRMLS/Multi-Regional MLS mls logo

Property Type

Residential

Lot/Acreage
5.14

Year Built

1972

County

Santa Barbara

Area

YNEZ - Santa Ynez Valley

Listing ID

25612443

Questions about this listing?

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Interior Features

Bedrooms and Bathrooms
  • Bedrooms:5
  • Bathrooms:5
  • Full Bathrooms:3
  • 1/2 Bathrooms:2
Appliances:Dishwasher, Disposal, Microwave, Refrigerator, Dryer, Washer
Air Cond:Central Air
Fireplaces:Bonus Room,Family Room
Floor:Tile,Wood

Exterior Features

Lot:Back Yard,Horse Property,Landscaped,Ranch,No Land Lease
Garage Capacity:10
Zoning:AG-I-5
Roof:Composition,Shingle
Sewer:Septic Type Unknown
Parking Features:Door-Multi,Driveway,Garage,Guest,Gravel,Gated,Oversized,Private
Principal Interest
$22,698
Taxes
$2,866

Home Price

$4,495,000

Loan Details

30 yrs
6.487%

Down Payment

20%
$899,000
All calculations are estimates and provided by Blueroof360. Today’s Rates provided by Blueroof360. Information and interactive calculators are made available to you only as self-help tools for your independent use and are not intended to provide investment or tax advice. We cannot and do not guarantee their applicability or accuracy in regards to your individual circumstances. All examples are hypothetical and are for illustrative purposes. We encourage you to seek personalized advice from qualified professionals regarding all personal finance issues.
Monthly Price:
$22,698.43

Principal

Taxes

Principal Taxes HOA Total
Monthly $22,698.43 $2,865.56 $0.00 $25,563.99
Yearly $272,381.17 $34,386.75 $0.00 $306,767.92
Total $8,171,435.16 $1,031,602.50 $0.00 $9,203,037.66

Today's Rates

30 Year

6.49%

20 Year

6.28%

15 Year

5.8%

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Market insight data is pulled from the same city as the listing being viewed (Santa Ynez, CA).

The schools listed are within a 2-mile radius of the property; however, attendance is not guaranteed. Please contact the local school district to confirm zoning and enrollment options.

Based on information from California Regional Multiple Listing Service, Inc. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent. All properties are subject to prior sale, change or withdrawal.

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Data last updated: 2026-08-10T18:36:54.000Z

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