Prince Harry and Meghan Markle could be planning to sell their Montecito home after reports surfaced about their plans to relocate to the UK. Following their reportedly successful reunion with King Charles, Harry has made it clear that he wants to spend more time in the UK. He wants to rebuild his relationship with his family. Amid this, reports suggest that the Sussexes are planning to return to Britain this month with their children, Prince Archie and Princess Lilibet. They are also reportedly set to establish a new private residence in the UK and sell their home based in Montecito.
Broker suggests Harry and Meghan’s home could already be quietly shown to buyers
Meghan Markle and Prince Harry may have decided to sell their house in Montecito. The Duke and Duchess of Sussex moved to California in 2020 after stepping down from their senior working royal duties. They later bought a 7.38-acre property in Montecito. Their mansion features nine bedrooms, a spa with a gym, sauna, game room, home theater, and a massive kitchen. The property also boasts a children’s cottage, rose gardens, a swimming pool, and a separate guest house.
Amid their plans to relocate to the UK this month, Jason Streatfeild, a broker, told the New York Post that there have been “rumblings” that the Sussexes would sell the property. He added that every broker wants to get the listing for their house.
According to the outlet, holding onto the property costs them roughly $600,000 a year. This could be a motivating factor in putting it up for sale. The broker further revealed that such big property sales are not generally made public right away. He said, “Many times properties like this will trade off market with a nondisclosure agreement signed and all of the terms sealed until the property records at the county.”
The broker added, “It’s very possible that they would be listing it, but I have a strong feeling that it’s already being discussed and shown.” The news comes after Harry and Markle reportedly planned to relocate to the UK along with their children, Prince Archie and Princess Lilibet.
