Home / Entertainment / Prince Harry and Meghan Markle paid $ 14.7 million for their sprawling Santa Barbara estate

Prince Harry and Meghan Markle paid $ 14.7 million for their sprawling Santa Barbara estate



This is the sprawling California estate that Prince Harry and Meghan Markle acquired, making them neighbors of celebs Oprah Winfrey and Ellen DeGeneres.

Santa Barbara ownership documents show the sprawling nine-bedroom, 16-bathroom mansion in upscale Montecito was purchased on June 18 for a staggering $ 14,650,000. The 18,000-square-foot home sits on 5.4 acres of land and immaculately trimmed hedges border the stone pillared entrance gates of the property.

According to Zillow, the entrance opens to a wide alley paved with hand-cut Santa Barbara stone that leads through a large archway to the main residence. The main house includes a library, an office, a spa with separate dry and wet saunas, a fitness room, a game room, an arcade, a theater, a wine cellar and a garage for five cars.

Prince Harry and Meghan Markle's $ 14.7 million home in Santa Barbara, California

Prince Harry and Meghan Markle’s $ 14.7 million home in Santa Barbara, California

The Sussexes have lived in the Montecito house for six weeks

The Sussexes have lived in the Montecito house for six weeks

The house is on a private road in an exclusive area of ​​Santa Barbara that is home to many celebrities

The house is on a private road in an exclusive area of ​​Santa Barbara that is home to many celebrities

The house was built in 2003

The house was built in 2003

The property has extensive lawns, tiered rose gardens, tall Italian cypress trees, blooming lavender, centuries-old olive trees, a tennis court, tea house, children’s house and pool. It also features a two-bed, two-bath guest house, perfect for Meghan’s mother, Doria, who acts as Archie’s one-year-old nanny. Doria was already in the house, reports the TMZ.

According to Zillow, the house has been updated with the latest Lutron lighting systems and Crestron including iPad controls.

The property is located on a private road in a luxurious and secluded property in Montecito. Almost every home in the multi-million dollar neighborhood is designed for privacy, with long driveways and large gates.

Royal insiders say Harry and Meghan bought the house with the help of Prince Charles.

A source said, “Charles was eager to help and put his hand in his own pocket to help. He is dedicated to his two sons and always will if he can help them. Clarence House declined to comment.

The house has, among other things, a tennis court, a tea house, a children's house and a pool

The house has, among other things, a tennis court, a tea house, a children’s house and a pool

Harry and Meghan have moved to a starry area

Harry and Meghan have moved to a starry area

The extensive property is on 5.4 hectares

The extensive property is on 5.4 hectares

At their peak, Harry and Meghan’s net worth was estimated to be around $ 43 million.

Leading luxury real estate agent Jason Streatfeild, who has an office in Montecito, told DailyMail.com that Harry and Meghan will fit right into the community.

“It’s the kind of neighborhood where you might not realize who your neighbor is, but you really don’t care,” he said.

“It’s not uncommon to run into Oprah Winfrey in the supermarket or sit next to Ellen DeGeneres for lunch at the Miramar Hotel.

“It’s a very private and exclusive area, a place where you can escape with the sea in front of you and the mountains behind.

“We’re about 90 minutes north of Los Angeles and about four hours south of San Francisco – a unique south-facing coastal community with the Channel Islands right in front of us.

“We have a wonderful climate, calm waters, and it’s just a very relaxed, health-conscious community with lots to do outdoors.”

Streatfeild, 39, who heads a team of five agents for real estate company Douglas Elliman in Montecito, said there are plenty of shopping and great restaurants too.

“There are also two small business districts with wonderful restaurants and high-end shops,” he said.

“Harry and Meghan who come here are sure to cause a stir, but then we’re used to celebrities here.”

Harry and Meghan got a bargain price when their new home sold for over $ 25 million in 2009

Harry and Meghan got a bargain when their new home sold for over $ 25 million in 2009

The neighbors told DailyMail.com they hadn’t seen the Sussexes and said the residents of the private streets often kept to themselves. The former royal couple enjoyed walking in the parks near their former temporary residence on Vancouver Island, Canada. The new home is just a few minutes’ walk from a canyon trail frequented by hikers enjoying the Southern California sunshine – albeit with COVID-19 face masks.

Real estate records show that Harry and Meghan’s new mansion was built in 2003.

Despite its enormous price, the house is a bargain compared to its previous retail price. A previous owner bought the property in May 2009 for over $ 25 million.

Hoping to make a profit, it was listed by Sotheby’s for $ 34.5 million six years later, but had no takers.

Eventually it was listed again in January of that year for $ 16,975,000 and sold to the Sussexes for $ 2,325,000 below the asking price.

Page 6 reported that the couple had lived in Santa Barbara for six weeks.


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