.MeghanMarkle & PrinceHarry's new $14 million Santa Barbara home includes 16 bathrooms & a ‘tea house.’
New digs. Meghan Markle and Prince Harry’s Montecito, Santa Barbara, house includes 16 bathrooms, a “tea room” and other posh details. Variety reported on Wednesday, August 12, that the Duke and Duchess of Sussex have purchased a $14.65 million estate in Montecito, a seaside county in Santa Barbara that’s also the home of mansions owned by celebrities such as Oprah Winfrey and Ellen DeGeneres.
As for what the house entails, public records reveal that the Meghan and Harry will pay a $9.5 million mortgage for the 7.4 acre home, which is on a private, gated street in Montecito. Variety also reports that Meghan and Harry scored a discount for the house, which was bought by Russian businessman Sergey Grishin in 2009 for $25.3 million. Grishin had been selling the house for a decade before accepting the $10 million loss that Meghan and Harry purchased it for.
View this post on Instagram “After many months of reflection and internal discussions, we have chosen to make a transition this year in starting to carve out a progressive new role within this institution. We intend to step back as ‘senior’ members of the Royal Family and work to become financially independent, while continuing to fully support Her Majesty The Queen. It is with your encouragement, particularly over the last few years, that we feel prepared to make this adjustment.
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