1516 Monarch Dr Santa Ynez, CA 93460
Estimated payment $31,491/month
Total Views
7,751
5
Beds
5
Baths
3,726
Sq Ft
$1,409
Price per Sq Ft
Highlights
- Guest House
- Barn or Stable
- Corral
- Santa Ynez Elementary School Rated A-
- Horse Property
- Above Ground Spa
About This Home
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.
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $29,954
Year Built
- Built in 1972
Lot Details
- 5.14 Acre Lot
- Fenced Yard
- Gated Home
- Landscaped
- Back Yard
- Property is zoned AG-I-5
Parking
- 3 Car Garage
- Gravel Driveway
- Automatic Gate
- Guest Parking
Property Views
- Mountain
- Hills
- Valley
Home Design
- Ranch Property
- Shingle Roof
- Composition Roof
Interior Spaces
- 3,726 Sq Ft Home
- 1-Story Property
- Family Room with Fireplace
- 2 Fireplaces
- Living Room
- Dining Area
- Den
- Bonus Room with Fireplace
- Alarm System
Kitchen
- Breakfast Bar
- Oven or Range
- Microwave
- Dishwasher
- Disposal
Flooring
- Wood
- Tile
Bedrooms and Bathrooms
- 5 Bedrooms
- Powder Room
Laundry
- Laundry Room
- Dryer
- Washer
Outdoor Features
- Above Ground Spa
- Horse Property
- Covered patio or porch
- Shed
Horse Facilities and Amenities
- Corral
- Arena
Utilities
- Central Heating and Cooling System
- Septic Tank
Additional Features
- Guest House
- Barn or Stable
Community Details
- No Home Owners Association
Listing and Financial Details
- Assessor Parcel Number 141-160-025
Map
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Home Values in the Area
Average Home Value in this Area
Tax History
| Year | Tax Paid | Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. | Land | Improvement |
|---|---|---|---|---|
| 2025 | $29,954 | $2,873,015 | $1,137,827 | $1,735,188 |
| 2023 | $29,954 | $2,761,454 | $1,093,645 | $1,667,809 |
| 2022 | $28,887 | $2,707,308 | $1,072,201 | $1,635,107 |
| 2021 | $28,334 | $2,654,225 | $1,051,178 | $1,603,047 |
| 2020 | $27,962 | $2,627,010 | $1,040,400 | $1,586,610 |
| 2019 | $27,378 | $2,575,500 | $1,020,000 | $1,555,500 |
| 2018 | $26,859 | $2,525,000 | $1,000,000 | $1,525,000 |
| 2017 | $11,739 | $1,100,980 | $528,122 | $572,858 |
| 2016 | $11,361 | $1,079,393 | $517,767 | $561,626 |
| 2014 | $9,579 | $910,000 | $500,000 | $410,000 |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 05/09/2025 05/09/25 | For Sale | $5,250,000 | +107.9% | $1,409 / Sq Ft |
| 10/05/2017 10/05/17 | Sold | $2,525,000 | +1.2% | $678 / Sq Ft |
| 08/08/2017 08/08/17 | Pending | -- | -- | -- |
| 07/19/2017 07/19/17 | For Sale | $2,495,000 | +174.2% | $670 / Sq Ft |
| 12/04/2013 12/04/13 | Sold | $910,000 | -34.8% | $288 / Sq Ft |
| 09/20/2013 09/20/13 | Pending | -- | -- | -- |
| 06/12/2013 06/12/13 | For Sale | $1,395,000 | -- | $441 / Sq Ft |
Source: The MLS
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Deed | -- | None Listed On Document | |
| Grant Deed | $2,525,000 | First American Title Company | |
| Grant Deed | -- | First American Title Company | |
| Interfamily Deed Transfer | -- | First American Title Company | |
| Grant Deed | $910,000 | First American Title Company | |
| Interfamily Deed Transfer | -- | First American Title Company | |
| Interfamily Deed Transfer | -- | First American Title Company | |
| Interfamily Deed Transfer | -- | None Available | |
| Interfamily Deed Transfer | -- | First American Title Company | |
| Interfamily Deed Transfer | -- | None Available |
Source: Public Records
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Previous Owner | $600,000 | Small Business Administration | |
| Previous Owner | $250,000 | Credit Line Revolving | |
| Previous Owner | $1,999,000 | Adjustable Rate Mortgage/ARM | |
| Previous Owner | $1,200,000 | New Conventional | |
| Previous Owner | $245,000 | New Conventional | |
| Previous Owner | $249,000 | New Conventional | |
| Previous Owner | $40,000 | Credit Line Revolving | |
| Previous Owner | $209,000 | Unknown | |
| Previous Owner | $210,000 | Unknown | |
| Previous Owner | $25,000 | Credit Line Revolving |
Source: Public Records
Similar Homes in Santa Ynez, CA
Source: The MLS
MLS Number: 25536732
APN: 141-160-025
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© 2025 The MLS™ - Combined L.A. Westside MLS (CLAW). All rights reserved. Based on information from The MLS™ - Combined L.A. Westside MLS (CLAW). All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.
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