Inside Harry and Meghan’s “Unlucky” Montecito Mansion That Reportedly Won’t Sell
Prince Harry and Meghan Markle’s sprawling Montecito mansion has once again become a talking point after a new report from Hello! Magazine described the property as “unlucky” in the eyes of local real-estate watchers. The label, according to the outlet, stems from a series of high-profile issues that have quietly surrounded the home since the Sussexes purchased it in 2020.
Hello! reports that the mansion—which boasts nine bedrooms, a pool, a spa, and expansive grounds—has experienced several setbacks, including security concerns, storm-related damage in the area, and fluctuating property valuations as the Californian luxury market tightens. The article notes that local chatter claims the home would be difficult to resell at its current estimated price point, despite its celebrity ownership and premium features.
Compounding the challenges is a broader Montecito real estate cooling period. Several multimillion-dollar estates have recently sold for below asking price, and some have lingered on the market for extended periods. The outlet highlights that the Sussexes’ home, though not currently listed, is considered by analysts to be part of a difficult segment of the market defined by extremely high maintenance costs and interest-rate-sensitive buyers.
For royal followers, the renewed focus on the mansion adds to ongoing narratives about the Sussexes’ life in the U.S. and the long-term sustainability of their California-based ventures. The home has been featured prominently in Harry and Meghan’s Netflix productions and official Archewell material, making it a central part of their public brand.
Whether the couple intends to remain in Montecito, downsize, or relocate has been the subject of speculation for months. For now, the mansion remains a glossy emblem of their post-royal life—albeit one that carries a reputation that local insiders find unusually complicated.
