How Much Is Prince Harry and Meghan Markle’s Montecito Mansion Really Worth?

Prince Harry and Meghan Markle's decision to move back to the U.K. with their children, Archie and Lilibet, has raised a host of questions about the couple's future—not least what they plan to do with the opulent Montecito mansion in California, where they have been residing for the past six years.When the news of their relocation was first revealed via reports in People magazine and The Telegraph, sources insisted that the Sussexes currently have no plans to sell the property, which they purchased soon after stepping down from their roles as senior working royals. The couple purchased the property for $14.65 million in June 2020 and Realtor.com® currently estimates that, on paper, the manse is worth around $16.73 million today. However, experts say that Harry, 41, and Meghan, 45, could end up earning much more for the dwelling if they decide to sell. Holding onto the property would enable Harry and Meghan to travel between the U.K. and the U.S. seamlessly—and means that both will have a permanent residence in their own home country. However, there is a steep price to pay for such convenience. First and foremost, the monthly costs of maintaining their Montecito abode are incredibly...