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1516 Monarch Drive Santa Ynez, CA 93460
$4,495,000 5 beds, 5 baths
3, 726 sqft
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Photo of Hristo Hristov

Hristo Hristov, G.R.I., SFR, GREEN, FTBS REALTORĀ® - Sales Associate 805-284-8471 m
Lic#: 01978598
NRDS ID: 199506356
HHristov@bhhscal.com
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Lic#: 01978598
NRDS ID: 199506356
HHristov@bhhscal.com
Santa Barbara Office
3868 State St
Santa Barbara, CA 93105
Phone: 805-687-2666
Fax: 805-563-0053
Santa Barbara 3868 State St
Santa Barbara, CA 93105
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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 features--all 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 bar--perfect 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.

Listing Details

Property type: Single Family Residence (Single Family)
Status: Active
MLS# 25000923
List price is $4,495,000 Reduced by $155,000 on 6/5/2026
Beds: 5
Baths: 5 (5 full)
3 fireplaces
Built in 1972
3,726 sqft
1 story
Lot size: 5.1400
County: Santa Barbara
Lot description: Cul-De-Sac,Level,Other
Heating/cooling: Forced Air
Heating description: Forced Air
MLS area: 38 - Santa Ynez Valley
Pets Allowed: 1

Last Updated: 6/5/2026

 Find more Santa Ynez homes and real estate

 Find more homes in 93460 zip code

This listing belongs to the 38 - Santa Ynez Valley MLS area

Lat/Long: 34.625248, -120.026352.
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Listing Agent: Tiffany Mills
Lic#: 01978598
Office Name: Santa Barbara

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Total population of , which has changed by % since 1990.
The median age of the population is , while the median age of dwellings is .
Out of households, are families.

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Photo of Hristo Hristov

Hristo Hristov, G.R.I., SFR, GREEN, FTBS REALTORĀ® - Sales Associate 805-284-8471 m
Lic#: 01978598
NRDS ID: 199506356
HHristov@bhhscal.com
Text Me
Call My Cell
Lic#: 01978598
NRDS ID: 199506356
HHristov@bhhscal.com

Santa Barbara Office
3868 State St
Santa Barbara, CA 93105
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