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For sale
  • Price cut: $155K (6/4)
    $4,495,000

    1516 Monarch Dr, Santa Ynez, CA 93460

    5beds
    3,726sqft
    : 
    $29,469/mo
    Get pre-qualified
    Single Family Residence
    Built in 1972
    5.14 Acres Lot
    $4,178,700 Zestimate®
    $1,206/sqft
    $-- HOA

    What's special

    Mature landscapingSerene water featuresUnique specimen treesSpacious sundeckAbundant natural lightRare cul-de-sacMeandering pathways
    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 features--all 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 bar--perfect 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.
    457 days
    |
    402
    |
    26
    |

    Zillow last checked:

    Listing updated:

    Listed by:

    Tiffany Mills DRE#: 01333921 310-849-9592,

    Coldwell Banker Realty - Irvine

    Source: North Santa Barbara County MLS,MLS#: 25000923MLS Logo

      Facts & features

      Interior

      Bedrooms & bathrooms
      • Bedrooms: 5
      • Bathrooms: 5
      • Full bathrooms: 5
      Primary bedroom
      • Level: Lower
      Dining room
      • Features: Dining Area
      Heating
      • Forced Air
      Cooling
      • Central Air
      Appliances
      • Included: Gas Cooktop, Other, Solar Hot Water, Refrigerator, Oven, Disposal, Dishwasher, Double Oven
      • Laundry: Inside
      Features
      • Flooring: Carpet, Tile, Wood
      • Number of fireplaces: 3
      • Fireplace features: Family Room, Other
      Interior area
      • Total structure area: 3,726
      • Total interior livable area: 3,726 sqft

      Property

      Parking
      • Total spaces: 3
      • Parking features: Drive Space, RV Access/Parking, Attached
      • Attached garage spaces: 3
      • Has uncovered spaces: Yes
      Features
      • Stories: 1
      • Entry location: No Stairs to Entry
      • Has spa: Yes
      • Spa features: Hot Tub/Spa
      Lot
      • Size: 5.14 Acres
      • Features: Cul-De-Sac, Rural Setting, Other, Level, Other Improvements
      Details
      • Additional structures: Additional Dwelling Unit
      • Parcel number: 141160025
      • Zoning description: Residential,Single Family
      • Special conditions: Standard

      Construction

      Type & style
      • Home type: SingleFamily
      • Property subtype: Single Family Residence
      Materials
      • Foundation: Slab
      • Roof: Composition
      Condition
      • Year built: 1972

      Utilities & green energy

      • Electric: Photovoltaics Seller Owned
      • Sewer: Septic Tank
      • Water: Well
      • Utilities for property: Phone Connected
      Green energy
      • Green verification: Unknown
      • Energy efficient items: Other - See Remarks
      • Energy generation: Solar

      Community & HOA

      HOA
      • Has HOA: No
      Location
      • Region: Santa Ynez

      Financial & listing details

      • Price per square foot: $1,206/sqft
      • Tax assessed value: $2,873,015
      • Annual tax amount: $30,537
      • Date on market: 5/10/2025
      • Cumulative days on market: 458 days
      • Listing terms: New Loan,Cash
      • Road surface type: Paved

        Estimated market value

        $4,178,700

        $3.97M - $4.39M

        $6,490/mo

        Price history

        DateEventPrice
        6/4/2026Price change$4,495,000-3.3%$1,206/sqft
        Source: SBMLS #25-3984 Report a problem
        4/14/2026Price change$4,650,000-2.1%$1,248/sqft
        Source: CLAW #25612443 Report a problem
        2/19/2026Price change$4,750,000-5%$1,275/sqft
        Source: CLAW #25612443 Report a problem
        10/29/2025Price change$4,999,000-3.8%$1,342/sqft
        Source: CLAW #25612443 Report a problem
        8/22/2025Price change$5,195,000-1%$1,394/sqft
        Source: CLAW #25536732 Report a problem
        5/9/2025Listed for sale$5,250,000+107.9%$1,409/sqft
        Source: CLAW #25536732 Report a problem
        10/5/2017Sold$2,525,000+1.2%$678/sqft
        Source: SBMLS #17-2440 Report a problem
        7/21/2017Price change$2,495,000-2.7%$670/sqft
        Source: Sotheby's International Realty - Santa Ynez Valley Brokerage #1701072 Report a problem
        5/23/2017Price change$2,565,000-3.2%$688/sqft
        Source: BHHS California Properties #17-1177 Report a problem
        4/11/2017Listed for sale$2,650,000+191.2%$711/sqft
        Source: Berkshire Hathaway Homes Services California Properties #17-1177 Report a problem
        12/4/2013Sold$910,000-20.9%$244/sqft
        Source: SBMLS #13-1903 Report a problem
        11/14/2013Price change$1,150,000-17.6%$309/sqft
        Source: Prudential California Realty #13-1903 Report a problem
        6/12/2013Listed for sale$1,395,000$374/sqft
        Source: Prudential California Realty #197372 Report a problem

        Public tax history

        YearProperty taxesTax assessment
        2025$30,537 +1.9%$2,873,015 +2%
        2024$29,954 +1.8%$2,816,682 +2%
        2023$29,415 +1.8%$2,761,454 +2%
        2022$28,887 +2%$2,707,308 +2%
        2021$28,334 +1.3%$2,654,225 +1%
        2020$27,962 +2.1%$2,627,010 +2%
        2019$27,378 +1.9%$2,575,500 +2%
        2018$26,859 +128.8%$2,525,000 +129.3%
        2017$11,739 +3.3%$1,100,980 +2%
        2016$11,361 +18.6%$1,079,393 +1.5%
        2015$9,579 $1,063,181 +16.8%
        2014$9,579 $910,000 +65.8%
        2012-- $548,773 +2%
        2011-- $538,014 +0.8%
        2010-- $533,994 -0.2%
        2009-- $535,289 +2%
        2008-- $524,794 +2%
        2007-- $514,504 +2%
        2006-- $504,417 +2%
        2005-- $494,528 +3.9%
        2003-- $475,947 +2%
        2002-- $466,615
        Find assessor info on the county website

        Monthly payment

        Est. payment

        Payment breakdown

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        All calculations are estimates and provided by Zillow, Inc. for informational purposes only. Actual amounts may vary.
        HOA fees may include property taxes on listings classified as Co-Ops. Contact the listing agent and/or owner for fee details.
        Mortgage interest rates are dependent on a number of factors, including credit score, down payment, and repayment length. Interest rate data provided by Zillow Group Marketplace, Inc. as of 1/1/1970 from various mortgage lenders with which we have lead or other similar arrangements; the Estimated Payment is an average of those rates.
        See how much you could borrow to make a competitive offer.

        Climate risks

        Neighborhood: 93460

        Getting around

        5 / 100
        Car-Dependent
        21 / 100
        Somewhat Bikeable

        Nearby schools

        GreatSchools rating

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