Prince Harry and Meghan Markle likely to list Montecito mansion as staggering monthly costs revealed: sources
Prince Harry and Meghan Markle say they’re keeping their Montecito mansion as they relocate the family back to Britain, but a source in the Santa Barbara luxury real estate market told The Post there “have been rumblings” the couple will sell the property, adding that “every broker wants that listing.” This comes as The Post can reveal that the property costs the former Royal couple a staggering $600,000-plus a year in mortgage payments and tax alone — a potential motivating factor for a sale. Jason Streatfeild, a Douglas Elliman broker who represents the Santa Barbara and Montecito area separately told The Post deals of this size don’t always show up on the open market right away, either.
Reported by 1 outlet — New York Post. See all sources ↓
Prince Harry and Meghan Markle say they’re keeping their Montecito mansion as they relocate the family back to Britain, but a source in the Santa Barbara luxury real estate market told The Post there “have been rumblings” the couple will sell the property, adding that “every broker wants that listing.” This comes as The Post can reveal that the property costs the former Royal couple a staggering $600,000-plus a year in mortgage payments and tax alone — a potential motivating factor for a sale. Jason Streatfeild, a Douglas Elliman broker who represents the Santa Barbara and Montecito area separately told The Post deals of this size don’t always show up on the open market right away, either. “Many times properties like this will trade off market with an NDA signed and all of the terms sealed until the property records at the county,” Streatfeild said. “It’s very possible that they would be listing it, but I have a strong feeling that it’s already being discussed and shown,” Streatfeild speculated to The Post.
Read the full report at New York Post ↗
Why it matters
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- What's the story?
- Prince Harry and Meghan Markle say they’re keeping their Montecito mansion as they relocate the family back to Britain, but a source in the Santa Barbara luxury real estate market told The Post there “have been rumblings” the couple will sell the property, adding that “every broker wants that listing.” This comes as The Post can reveal that the property costs the former Royal couple a staggering $600,000-plus a year in mortgage payments and tax alone — a potential motivating factor for a sale. Jason Streatfeild, a Douglas Elliman broker who represents the Santa Barbara and Montecito area separately told The Post deals of this size don’t always show up on the open market right away, either.
- How widely is it covered?
- 1 outlet, average source rating 5.0/10.
- When was it last updated?
- 10m ago.
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Prince Harry and Meghan Markle likely to list Montecito mansion as staggering monthly costs revealed: sources
Sources1TypeCoverageNew York Post