Meghan Markle and Prince Harry may have attracted attention for their lifestyle choices, but their eye for good real estate appears to have paid off.
According to Zillow, their sprawling nine-bedroom home, located in Montecito, has doubled in value since they purchased the home in 2020.
Their massive abode is now worth more than $29 million, up from the humble $14.65 million they bought it for.
He California Association of Realtors (CAR) reported that California had its “largest annual increase in existing home sales since June 2021” during the same month.
According to Redfin, as of November 2024, the number of homes sold in California increased 12.4 percent year over year.
Hannah Jones, senior economic research analyst at Realtor.com, said news week The median home price in California has increased 29.7 percent over the past five years.
In that time, Montecito outperformed California by a whopping 47.3 percent in property prices.
Meghan and Harry’s home, known as ‘The Chateau’, was built in 2003.
Prince Harry and Meghan Markle may have attracted attention for their media choices, but their eye for good real estate appears to have paid off.
The beautiful estate is surrounded by lush green gardens and with sea views, the house has been described as a “hidden paradise”.
The house sits on 5.4 acres of land and impeccably trimmed hedges line the estate’s stone-pillared entrance gates.
Property listings say the house took almost five years to build and included a library, office, spa with separate wet and dry sauna, a gym with a striptease pole, game room, game room, theater, wine cellar and garage for five cars.
The entrance to the property opens to a wide lane paved with hand-carved Santa Barbara stone that leads through a large arch of trees to the main residence, according to Zillow.
The estate features extensive gardens, tiered rose gardens, tall Italian cypress trees, flowering lavender, ancient olive trees, a tennis court, a tea house, a children’s cottage and a swimming pool.
It also has a two-bedroom, two-bathroom guest house.
Despite the beautiful backdrop, the duchess did not film her upcoming Netflix series in the home she shares with her husband and two children, Archie, five, and Lilibet, three.
The 14,563-square-foot home, known as ‘The Chateau,’ sits on 5.4 acres of land and impeccably trimmed hedges line the estate’s stone-pillared front gates.
The house was built in 2003. The estate has extensive gardens, tiered rose gardens, tall Italian cypress trees, flowering lavender, ancient olive trees, a tennis court, a tea house, a children’s cottage and a swimming pool.
It also has a guest house with two bedrooms, two bathrooms and a beautiful pool.
Megaham filmed her upcoming Netflix show, With Love, Meghan, at an idyllic $8 million property located within a gated community.
DailyMail.com can reveal that Meghan is not using her own mansion in Montecito, but is instead using the kitchen of philanthropists Tom and Sherrie Cipolla (production trucks and tents are seen on the property).
The 43-year-old decided to rent a sprawling property just two miles from her Montecito property to film her upcoming lifestyle show.
The idyllic $8 million estate is reportedly located within a gated community, with eight acres of avocado and lemon trees and is owned by the influential Cipolla family of Montecito.
Tom and Sherrie Cipolla, members of the high society circles of the American Riviera, are both in their 70s. They are prominent philanthropists with a $20 million property portfolio, including a physical therapy practice with more than $1.3 million in annual sales.
Their 4,500-square-foot home, with four bedrooms and four bathrooms, has stunning French doors that open to a patio, lawn, and stunning mountain views.
According to the trailer posted to her new Instagram account earlier this week, it’s the stage for Meghan to show off her cooking and domestic skills, alongside a host of A-list celebrity friends.