1516 Monarch Drive, Santa Ynez, CA 93460, Santa Ynez, 93460 - 5 bed, 5 bath

1516 Monarch Drive, Santa Ynez, CA 93460 home-pic-0
ACTIVE$5,195,000$3,726/sqft
1516 Monarch Drive, Santa Ynez, CA 93460
5Beds
5Baths
3,726Sqft
223,898Lot

Price Vs. Estimate

Estimation data not available

Key pros and cons

Top Pros:
High Available Lot Utilization: The property has a large lot size, which is more than 4 times of its living area. lot size in square feet = 223898, living area = 3726.
Top Cons:
Original Construction Age: Built in 1972, the property's original construction is over 50 years old, potentially implying older underlying systems despite updates, which may require future attention.

Compared to the nearby listings

Price:$5.20M vs avg $2.42M (+$2,770,000)86%
Size:3,726 sqft vs avg 2,856 sqft57%
Price/sqft:$1.4K vs avg $73686%

More Insights

Built in 1972 (54 years old).
Condition: Despite being built in 1972, the property has undergone an extensive and exquisite renovation, as evidenced by the modern, top-of-the-line chef's kitchen with new appliances, a wood-burning pizza oven, and contemporary white cabinetry. The bathrooms are also fully updated with stylish fixtures, large walk-in showers, soaking tubs, and modern tile work. Throughout the main living areas, the flooring is a desirable light wood-look, and lighting fixtures are current. The overall aesthetic is fresh, high-quality, and move-in ready, indicating a recent and comprehensive overhaul that brings the property to current quality standards.
Year Built
1972
Close
-
List price
$5.2M
Original List price
-
Price/Sqft
$1,394
HOA
$0
Days on market
-
Sold On
-
MLS number
25536732
Home ConditionExcellent
Features
Good View:
Deck
Spa
Patio
View-

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.

J
Jade Mills
Listing Agent

Nearby schools

/10
College Elementary School
Public,K-83.3mi
7/10
Santa Ynez Elementary School
Public,2-83.6mi
/10
Refugio High School
Public,9-124.3mi
7/10
Santa Ynez Valley Union High School
Public,9-124.3mi

Price History

Date
Event
Price
10/05/17
Sold
$2,525,000
12/04/13
Sold
$910,000
Condition Rating
Excellent

Despite being built in 1972, the property has undergone an extensive and exquisite renovation, as evidenced by the modern, top-of-the-line chef's kitchen with new appliances, a wood-burning pizza oven, and contemporary white cabinetry. The bathrooms are also fully updated with stylish fixtures, large walk-in showers, soaking tubs, and modern tile work. Throughout the main living areas, the flooring is a desirable light wood-look, and lighting fixtures are current. The overall aesthetic is fresh, high-quality, and move-in ready, indicating a recent and comprehensive overhaul that brings the property to current quality standards.
Pros & Cons

Pros

High Available Lot Utilization: The property has a large lot size, which is more than 4 times of its living area. lot size in square feet = 223898, living area = 3726.
Exclusive & Private Location: Situated on a rare cul-de-sac in the highly desirable Happy Canyon, offering extreme privacy behind a gated, tree-lined drive, near premier vineyards.
Luxurious Outdoor Living & Entertaining: Features an expansive covered patio with built-in BBQ, refrigerator, bar, sundeck, spa, and outdoor shower, complemented by mature, curated landscaping.
Versatile Auxiliary Structures: Includes a newly built stand-alone gym, an art studio, and an outdoor bar, providing diverse spaces for recreation, creativity, and hosting.
Equestrian & Vineyard Development Potential: Equipped with equestrian facilities (barn, arena, paddock) and the potential for a boutique vineyard, supported by affordable water access.
Updated Chef's Kitchen & Open Concept: The main residence boasts an exquisitely updated, open-concept layout with a chef's kitchen featuring top-of-the-line appliances and a wood-burning pizza oven.

Cons

Original Construction Age: Built in 1972, the property's original construction is over 50 years old, potentially implying older underlying systems despite updates, which may require future attention.
Extensive Maintenance Requirements: The 5.14-acre estate with elaborate landscaping, gardens, equestrian facilities, and multiple structures demands significant ongoing maintenance and financial investment.
Unspecified Cooling System: The property description does not mention the presence of a cooling system (e.g., air conditioning), which could be a comfort concern during warmer periods in the Santa Ynez climate.
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