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$4,999,000

  • For Sale
  • Active
  • Single Family
  • 5 Beds
  • 3 Full Baths
  • 2 Partial Baths
  • 3,726 Sq. Ft.
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Tucked away on a rare cul-de-sac in coveted Happy Canyon, this enchanting 5.14-acre estate blends luxury, privacy, and country charm. The gated property features a beautifully updated main residence and guest house totaling approx. 3,700 sq ft, with curated gardens, specimen trees, a lavender field, and tranquil water features. Outdoor living shines with a covered patio, BBQ/bar, spa, and shower. Additional structures include a gym, art studio, and outdoor bar. Inside, enjoy an open-concept layout with a chef's kitchen, pizza oven, and elegant wine display. With equestrian facilities, potential vineyard, and a prime location near top wineries, this is Santa Ynez Valley living at its finest.

Full Property Details for 1516 Monarch Dr

General

  • Price: $4,999,000
  • Status: Active
  • Type: Single Family
  • Source: SBAOR
  • MLS ID: 25-3984
  • Updated: 10/29/2025
  • Added to Site: 80 day(s) ago

Interior

  • Fireplace: Yes
  • Fireplace(s): Family Room, Other
  • Appliances: Built-In Gas Range, Dishwasher, Gas Stove, Solar Hot Water
  • Flooring: Hardwood, Tile

Rooms

Bathrooms

  • Total Bathrooms: 5
  • Full Bathrooms: 3
  • Half Bathrooms: 2

Bedrooms

  • Total Bedrooms: 5

Other Rooms

  • Laundry: Laundry Room

Exterior

  • Exterior Features: Patio Open, Hot Tub, Lawn, Fenced: ALL, Fenced: BCK

Parking

  • Attached garage: Yes
  • Parking Features: Gar #3, Attached
  • Garage Description: Attached

Location

  • Area: 50 - SANTA YNEZ
  • County: Santa Barbara
  • Cross Streets: Baseline Ave

School Information

  • Elementary School: Other
  • Middle School: Other
  • High School: Other

Community

  • Pets Allowed: Yes
  • Pet Restrictions: Yes

Heating & Cooling

  • Central air: Yes
  • Air Conditioning: Yes
  • Cooling Type: Central Air

Utilities

  • Sewer: Septic In

Structural Information

  • # Buildings: 1
  • Architectural Style: Ranch
  • Construction: Wood Siding, Wood Shingles
  • Exterior Const.: Wood Siding, Wood Shingles
  • Foundation: Slab
  • Roof: Composition
  • Square Feet: 3,726
  • Year Built: 1972
  • Property Condition: Excellent

Additional Structures

  • Other Structures: Studio, ADU (Accessory Dwelling Unit), Shed(s), Barn(s), Stable(s), Paddock

Lot Features

  • Property View: Mountain(s)
  • Lot Size (Acres): 5.14
  • Lot Size (Sq. Ft.): 223,898.4
  • Lot Size: 5.14
  • Zoning: Other

Financial Considerations

  • Terms: Cash

Disclosures and Reports

  • Property ID: 141-160-025
Buyer's Brokerage Compensation: 2.5%
Not binding unless confirmed by separate agreement among applicable parties.

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— 1516 Monarch Dr —

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NMLS#: 1598647

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Schools serving 1516 Monarch Dr

School Districts:Santa Ynez Valley Union High School District, College Elementary School District
NameGradesDistance
Santa Ynez Elementary School
3325 Pine Street, Santa Ynez, CA 93460
1-83.6 mi
College Elementary School
3525 Pine Street, Santa Ynez, CA 93460
K-3.6 mi
Santa Ynez Valley Union High School
2975 E. Highway 246, Santa Ynez, CA 93460
9-124.4 mi
Disclaimer: School attendance boundaries provided by Pitney Bowes and are for reference only. Contact the school directly to verify enrollment eligibility.

Price & Sales History for 1516 Monarch Dr Get Price Alerts and Save Property

Date
Details
Price
Change
Source
10/29/2025
Listed
$4,999,000
97.98%
MLS
8/16/2017
Sold
$2,525,000
—
Public Record
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Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.

Tax History for 1516 Monarch Dr

Year
Property Taxes
Change
Tax Assessment
Change
2025
$30,537
2%
$2,873,015
2%
2024
$29,954
2%
$2,816,682
2%
2023
$29,415
2%
$2,761,454
2%
2022
$28,887
2%
$2,707,308
2%
2021
$28,334
1%
$2,654,225
1%
2020
$27,962
2%
$2,627,010
2%
2019
$27,378
2%
$2,575,500
2%
2018
$26,859
129%
$2,525,000
129%
2017
$11,739
3%
$1,100,980
2%
2016
$11,361
2%
$1,079,393
2%
2015
$11,190
17%
$1,063,181
17%
2014
$9,579
65%
$910,000
63%
2013
$5,821
—
$559,748
—
View All
Disclaimer: Historical tax information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.

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1516 Monarch Drive, Santa Ynez, CA 93460 (MLS# 25-3984) is a Single Family property with 5 bedrooms, 3 full bathrooms and 2 partial bathrooms. 1516 Monarch Drive is currently listed for $4,999,000 and was received on October 29, 2025. This property is listed by Tiffany Mills from our Beverly Hills Office.Want to learn more about 1516 Monarch Drive? Do you have questions about finding other Single Family real estate for sale in Santa Ynez? You can browse all Santa Ynez real estate or contact a Coldwell Banker agent to request more information.

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