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$5,250,000

1516 Monarch Dr Santa Ynez, CA 93460

5 beds
3 full, 2 partial
5.1 acres
House

Property details

About 1516 Monarch Dr

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.

Highlights

Home typeSingle Family Residence
HeatingForced Air
StatusActive
CoolingCentral Air
Lot size5.14 Acres
Year built1972
ParkingGar #3, Attached
MLS #25-1841
Attached garage3 spaces
FireplaceFamily Room, Other
ViewMountain(s)

Summary

  • Partial Bathrooms: 2
  • Full Bathrooms: 3
  • Appliances: Gas Range, Dishwasher, Gas Oven
  • Flooring Type: Hardwood, Tile
  • Fireplace: Family Room, Other
  • Total Bedroom Count: 5
  • Garage Space: 3 spaces
  • Attached Garage: Yes
  • Parking: Gar #3, Attached
  • View: Mountain(s)
  • Exterior: Patio, Hot Tub, Fence
  • Architectural Style: Ranch
  • Heating: Forced Air
  • Cooling: Central Air
  • List Price: $5,250,000
  • Annual Tax Amount: $29,954
  • Tax Year: 2024
  • Year Built: 1972
  • Stories: 1
  • Lot Size: 5.14 Acres
  • MLS Number: 25-1841
  • MLS Name: Santa Barbara Multiple Listing Service
  • Office Name: Coldwell Banker Realty
  • Office Phone: (310) 777-6200
  • Listing Agent: Tiffany Mills

IDXThe data relating to real estate for sale on this web site comes from the Internet Data Exchange Program of the Santa Barbara Multiple Listing Service. Real estate listings held by other are marked with the “MLS” logo and detailed information about them includes the name of the listing brokers. Based on information from the Santa Barbara MLS. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent. Displays of minimal information (e.g., “thumbnails”, text messages, “tweets”, etc., of two hundred [200] characters or less) are exempt from this requirement but only when linked directly to a display that includes all required disclosures. Audio delivery of listing content is exempt from this disclosure requirement only when all required disclosures are subsequently delivered electronically to the registered consumer performing the property search or linked to through the device’s application. Copyright 2025 Santa Barbara Multiple Listing Service. All rights reserved.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 7/23/2025, 5:40:34 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Price information

Property sales

DateEventPrice
Oct 05, 2017
Home Sold
$2,525,000
Dec 04, 2013
Home Sold
$910,000

Tax history

YearAssessmentProperty Tax
2024$2,816,682$29,954
2023$2,761,454$29,414
2022$2,707,308$28,887
2021$2,654,225$28,334
2020$2,627,010$27,961
2019$2,575,500$26,858
2018$2,525,000$26,858
2017$1,100,980$11,739

History based on county public records data.

Nearby schools

9

Ballard Elementary School

Public District KG-6

5.1 mi

2425 School St

6

Oak Valley Elementary School

Public District KG-5

10.3 mi

595 2nd St

7

Brandon Elementary School

Public District KG-6

14.9 mi

195 Brandon Dr

School ratings are a score out of 10, where 10 is the highest and 1 is the lowest.

All data from GreatSchools

Neighborhood

The neighbors living near this home have an average income of $108,841. The most common annual income of people living in Santa Ynez, CA is between $35k-100k. Typical family type is married, no kids. Residents of this area typically have post secondary degree education.

How much money do the neighbors make?

14%
<35k
33%
35k-100k
25%
100k-200k
28%
200k+

What level of education do the neighbors have?

High School Diploma
Post Secondary Degree
Masters Degree
Doctorate

What types of families live nearby?

32%
Single, No Kids
4%
Single, with Kids
48%
Married, No Kids
16%
Married, with Kids

Are the neighbors home owners or renters?

Home Owners
Renters

How old are people in this area?

8%
<11 yrs old
10%
12-17 yrs old
13%
18-34 yrs old
44%
35-64 yrs old
25%
65+ yrs old

What do the neighbors do for fun?

  • HuntingHunting
  • PGA/LPGAPGA/LPGA
  • Figure SkatingFigure Skating

Where do the neighbors shop?

  • DillardsDillards
  • Dick's Sporting GoodsDick's Sporting Goods
  • Stein MartStein Mart

Where do the neighbors go to eat?

  • Cracker BarrelCracker Barrel
  • Texas RoadhouseTexas Roadhouse
  • ApplebeesApplebees

What do the neighbors drive?

  • CadillacCadillac
  • SubaruSubaru
  • LexusLexus

What do the neighbors listen to?

  • News/Talk/InformationNews/Talk/Information
  • New CountryNew Country
  • OldiesOldies
All data provided by Home Junction and Claritas

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Frequently asked questions

About 1516 Monarch Dr

The listing price of 1516 Monarch Dr property is $5,250,000.

The property 1516 Monarch Dr is a house located in Santa Ynez, California, 93460.

Active Listing: 1516 Monarch Dr is For Sale (Active/New) which means the seller is accepting offers.

The nearby schools for 1516 Monarch Dr are: Ballard Elementary School (GreatSchools Rating 9/10), Oak Valley Elementary School (GreatSchools Rating 6/10), Brandon Elementary School (GreatSchools Rating 7/10), Santa Ynez Valley Charter (GreatSchools Rating 6/10), Santa Ynez Elementary School (GreatSchools Rating 6/10), Los Olivos Elementary School (GreatSchools Rating 6/10), Santa Ynez Valley Union High School (GreatSchools Rating 7/10), Dos Pueblos High School (GreatSchools Rating 8/10), San Marcos High School (GreatSchools Rating 7/10).

According to the records, the last property tax for 2024 is $29,954 (source: MLS/based on county public records data).

The last sale was on October 5, 2017 for $2,525,000 (source: MLS/tax record).

The property at 1516 Monarch Dr has 5 bedrooms and 3 full and 2 half bathrooms.

The sq. ft. of 1516 Monarch Dr is not available (source: MLS/tax record).

The year of construction for 1516 Monarch Dr is 1972.

This home is located at 1516 Monarch Dr in Santa Ynez, CA and zip code 93460. Features: 5 bedrooms, 5 bathrooms. It has been listed on Rocket Homes since May 9, 2025 and is currently priced at $5,250,000.

Over 0 listings were sold over their listed price in June 2025 in Santa Ynez, CA. In the same period over 4 listings were sold below the listed price and 1 listings were sold for the listed price. The number of listings in Santa Ynez, CA decreased by 3.9% between May and June 2025. While the average time on the market in June 2025 was 13 days, the median list price was $2,797,500.

From Rocket Homes Real Estate and based on county public records data.

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