EXCLUSIVE: Prince Harry and Meghan Markle’s Netflix Mansion Finally Sells After 5 Years—for $7 Million Under Original Ask

by Charlie Lankston

skyline-of-jacksonville

The Montecito mansion that was used as the central filming location for Prince Harry and Meghan Markle's 2022 Netflix tell-all has finally been sold—after spending nearly five years on the market.

The 13,600-square-foot Spanish-style dwelling at 888 Lilac Drive—which sits a short distance from the Sussexes' own $14.65 million Montecito home—faced a desperate battle to find a buyer after it was originally listed for $33.5 million in August 2021.

Even when its starring role in the couple's docuseries, "Harry & Meghan," was revealed days after the show premiered in December 2022, the property struggled to secure any real interest—and by May 2023, it had been taken off the market altogether.

It was ultimately relisted for the lower price of $29.99 million in April 2024, where it sat for another two years before a buyer finally came forward to claim the palatial abode, with records showing that it officially changed hands for the even lower price of $25.95 million on April 21 of this year.

Still, the four-bedroom, six-bathroom Mediterranean-style mansion, which was listed with Ryan Malmsten of Santa Barbara Brokers, is one of the priciest properties to have sold in Montecito since the start of the year, beaten only by an enormous eight-bedroom estate that was snapped up for just under $60 million on April 30.

Harry & Meghan Netflix Mansion
The Montecito mansion that was used as the central filming location for Prince Harry and Meghan Markle's 2022 Netflix tell-all has finally been sold—after spending nearly five years on the market.

By comparison, that pricier property spent just six weeks on the market before it found a buyer, having originally been listed for $65 million on March 13.

Malmsten previously opened up about his thoughts on why the Lilac Drive dwelling had faced such a tough time on the market, revealing to SF Gate that, while the home's appearance in Harry and Meghan's Netflix documentary certainly helped to increase the number of people viewing the listing, it did little to lure in actual buyers.

"Harry and Meghan did [their Netflix show] there, and I got bombarded by every newspaper in the world," he said in a September 2025 interview. "It was supposed to be hush hush, and then the Daily Mail got wind of it, and it went ballistic."

While that publicity certainly pulled in plenty of attention to the listing, when the furor died down, the six-bedroom estate remained on the market—fading into the background as excitement about the documentary slowly fizzled out.

Malmsten noted that the home had come close to selling on a number of occasions, but said those offers always ended up falling through, explaining: "We’ve come close on several occasions to selling it. For whatever reason, that particular buyer chose something else."

Interestingly, the listing agent said he believed that the property's extraordinary square footage was to blame, at least in part, for its struggle to find a buyer, revealing that many people who were seeking homes in the area were looking for something much smaller.

"Buyers today are wanting way less square footage," he explained. "They’ll pay the same amount, but they want a smaller home. That’s a big challenge."

Still, Lilac Drive has plenty to offer the buyer who was willing to take on a property of such stature, including "vast ocean views, flat grounds, luxe amenities, and incredible design," according to its listing.

Meghan and Harry with their children
Harry and Meghan's own home in Montecito is located just a few minutes away from the expansive dwelling—which officially sold for $25.95 million on April 21 of this year. (Getty Images)
Prince Harry and Meghan Markle reveal their Christmas card
The couple moved to Montecito in 2020 in a bid to enjoy more privacy. (Instagram/Meghan Markle)

"Flexible spaces both inside and out make this an intimate home for two yet can easily accommodate crowds of over 200," the description continued. "Living off the grid has never been more chic. Solar, a generator, greywater irrigation system, private well, organic vegetable bed & citrus orchards, chicken coops, and secret gardens define sustainable sensibility and offer an unparalleled piece of paradise."

In addition to its appearance in Harry and Meghan's documentary, the property also boasts incredible proximity to several other major stars, sitting just a few minutes' drive from the homes of A-listers like Ellen DeGeneres and Portia de Rossi, Oprah Winfrey, Katy Perry, and Adam Levine and Behati Prinsloo.

Indeed, Montecito has become something of a hot spot for celebrity house hunters in recent years, with previous Realtor.com® data showing that the median list price in the tony Santa Barbara enclave surged a staggering 36% between May 2019 and December 2025, rising from $4.9 million to $6.7 million.

As of April 2026, that price sits at $6.99 million.

But while Montecito's star-studded neighborhoods might have helped to draw more interest to the area, local real estate agent Diana Landi previously told Realtor.com that it had little to do with luring in actual buyers, who usually flock to the Santa Barbara enclave for a very different reason: the opportunity to enjoy a relaxed, carefree lifestyle away from the hustle and bustle of major cities.

Harry and Meghan have never publicly stated why they chose Montecito as their home base when they relocated from the U.K. to California in 2020; however, a spokesperson for the couple previously hinted that they were hoping to enjoy ample peace and privacy in their new neighborhood.

"The Duke and Duchess of Sussex moved into their family home in July of this year," the spokesperson said in a 2020 statement shared soon after their move. "They have settled into the quiet privacy of their community since their arrival and hope that this will be respected for their neighbors, as well as them for a family."

A source later told Vogue that Harry and Meghan had known for some time that they wanted to find a home in California, but that they zeroed in on Santa Barbara because it offered so much more privacy than Los Angeles.

Prince Harry Reveals Glimpse at $14.65 Million Montecito Mansion In Surprise Video Appearance
Harry and Meghan snapped up a $14.65 million mansion that offers all manner of upscale amenities, as well as a wealth of outdoor space. (Google Maps)

"Harry loves California, but they were both drawn to the smaller town of Santa Barbara, where they can integrate into the community while having some distance and privacy that is hard to come by in the Los Angeles area. For that reason, they had never intended to stay in Los Angeles," the insider said.

Meghan also revealed in a 2021 interview with The Cut that the couple had stumbled across their home while searching for properties online—admitting that they initially shied away from viewing it because they were concerned they couldn't afford it.

"We were looking in this area and this house kept popping up online in searches," she shared. "We didn’t have jobs, so we just were not going to come and see this house. It wasn’t possible.

"It’s like when I was younger and you’re window shopping—it’s like, 'I don’t want to go and look at all the things that I can’t afford. That doesn’t feel good.'"

In the end, the allure of the Mediterranean-style mansion proved too tempting to resist and they booked an in-person viewing, where they realized before even setting foot inside the main residence that they had found their perfect home.

"One of the first things my husband saw when we walked around the house was two palm trees," Meghan recalled, adding that Harry told her the trees reminded him of the two of them—an image that their son, Archie, has since started to recognize.

"See how they’re connected at the bottom? [Harry] goes, ‘My love, it’s us.’  And now every day when Archie goes by us, he says, ‘Hi, Momma. Hi, Papa,'" she went on.

Despite their desire for privacy, Meghan and Harry have started sharing more glimpses into their lives at home with their children, with the mother of two regularly posting pictures and videos of their day-to-day routine on her Instagram account.

Keith Francis

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