Prince Harry and Meghan’s Montecito mansion doubles in value

News of the royal couple’s property win comes after the Duchess of Sussex returned to Instagram with a fun video of herself on the beach.

Meghan Markle also announced the release date of her new show on Netflix, as well as an official trailer.

According to Daily MailThe Sussexes’ real estate decisions have paid off well, with their nine-bedroom luxury property in Montecito doubling in value since purchasing it in 2020.

Initially purchased for $14.65 million, the property’s value has risen to over $29 million. Montecito Palace, commonly known as ‘The Palace’, is a stunning estate built in 2003. The estate, which sits on 5.4 acres of lush gardens with stunning sea views, has been described as a ‘hidden paradise’.

Large stone-pillared gates, bordered by finely trimmed hedges, open onto a driveway paved with hand-cut Santa Barbara stone, leading through a corridor of trees to the main house.

The stunning property reportedly took nearly five years to complete and features luxurious amenities, including a library, office, spa with dry and wet saunas, gym, game room, arcade, theater, wine cellar and five-car garage.

In addition, the property features sweeping lawns, terraced rose gardens, century-old olive trees, tall Italian cypress trees, lavender fields, a tennis court, tea house, children’s hut, swimming pool and a two-bedroom guest house.

Despite the idyllic setting of Harry and Meghan’s home, the Duchess chose not to film her upcoming Netflix series there.

talking to NewsweekCharlie Lanxton, Executive Editor at Realtor.comHe noted that there will still be increased interest in Harry and Meghan’s home thanks to the Netflix show, regardless of the location where it was filmed.

“The launch of Meghan’s new Netflix series, With Love, Meghan, will undoubtedly heighten interest in the couple’s home life – despite the fact that it was not actually filmed inside the marital mansion, but merely on a borrowed property.” “A few minutes away,” Lanxton said.

For her show, the Duchess rented a luxury eight-acre estate worth $8 million, filled with avocado trees and lemon groves.

The property is said to be owned by Tom and Sherry Cipolla, two influential figures in Montecito’s elite circles.

The 4,500-square-foot duplex residence features four bedrooms and bathrooms, with elegant French doors opening to a picturesque courtyard, lush garden and stunning mountain views.

Through her newly launched Instagram account, Meghan introduced her new lifestyle series titled “With Love, Meghan.

The series, which premieres on January 15, marks a major milestone in the career of the Duchess, 43, in which she will serve as host and executive producer.

In the announcement, Megan shared the trailer on her page, writing: “I was so excited to share this with you! I hope you love the show as much as I loved making it.”

She continued: “Having a wonderful New Year to all of you! Thank you to our amazing crew and the @netflix team. Plus gratitude for the support – and fun! As always, Megan.”

In the official trailer for the series, Megan is shown participating in fun everyday activities, such as cooking in her kitchen, arranging flowers, tending to a beehive, and hosting friends and family.

He also highlighted a private moment where Prince Harry was seen hugging his wife while drinking from a cup.

“I’ve always loved taking something that’s so ordinary and elevating it,” Megan said in the trailer, which is set to the song “Do You Believe in Magic” by The Lovin’ Spoonful.

“Surprising people with moments that let them know I was really thinking about them,” the Duchess continued.

“We’re not after perfection, we’re after joy,” Meghan noted elsewhere in the trailer. She added: “Love lies in the details.”

In a joint statement with People magazineNetflix described the series as “an inspiring series, produced by Meghan, Duchess of Sussex, that reimagines the lifestyle show genre, mixing practical guidance with candid conversations with friends, new and old.”

They highlighted the fun and friendly tone of the show: “Meghan shares personal tips and tricks, puts fun over perfection and highlights how easy it is to create beauty, even in the unexpected. She and her guests roll up their sleeves in the kitchen, garden and beyond and I invite you to do the same.” “

The eight-episode, 33-minute series features Meghan’s circle of closest friends.

Notable appearances include makeup artist Daniel Martin and photographer Delfina Blackwire, wife of polo star and Harry’s close friend Nacho Figueras.