For sale Home

Listed Oct 29, 2025

$4,495,000 Est. $29,730/mo

1516 Monarch Drive

  • 5

    Beds

  • 5

    Baths

  • 3,726

    Sq ft

The story

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.

Facts & features

Home type

Home

Year built

1972

Floors

1

Lot size

5 acres

Price per sq ft

$1,206

Parking

3-car garage

Included features

  • Fireplace

    Yes

  • Cooling

    Central Air

  • Heating

    Central

  • Appliances

    Dishwasher, Disposal, Microwave, Refrigerator, Dryer, Washer

  • Flooring

    Tile, Wood

  • Roof

    Composition, Shingle

  • Lot Information

    Back Yard, Horse Property, Landscaped, Ranch

  • Sewer

    Septic Type Unknown

  • View

    Mountain

Mortgage calculator

Estimated monthly payment

$29,730 /mo

7% rate · 30-yr fixed · 20% down

  • Principal & interest $23,924
  • Property tax $4,495
  • Insurance $1,311

Includes principal, interest, taxes & insurance.

Your Property Journey

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Listing Broker

Coldwell Banker Realty

Broker Name

Coldwell Banker Realty

Agent

Jade Mills

Location

Beverly Hills CA 90210