Prince Harry & Meghan's Montecito Home Doubles In Value As Duchess Begins 2025 With A Bang

Meghan Markle and Prince Harry's Montecito estate has reportedly doubled in value since their 2020 purchase.

The news of the royal couple's real estate win comes after the Duchess of Sussex rejoined Instagram with a playful video of her on the beach.

Meghan Markle has also announced the release date for her new Netflix show, along with an official trailer.

According to the Daily Mail, the Sussexes' real estate decisions have paid off handsomely, as their luxurious nine-bedroom estate in Montecito has doubled in value since they purchased it in 2020.

Initially bought for $14.65 million, the property's value has soared to over $29 million. The Montecito mansion, known as "The Chateau," is a breathtaking property built in 2003. The estate, nestled on 5.4 acres of lush gardens with stunning sea views, has been described as a "hidden paradise."

Bordered by impeccably manicured hedges, the grand stone-pillared gates open to a lane paved with hand-cut Santa Barbara stone, leading through an archway of trees to the main house.

The stunning estate 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.

Additionally, the property boasts sweeping lawns, tiered rose gardens, century-old olive trees, tall Italian cypresses, lavender fields, a tennis court, a tea house, a children's cottage, a 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.

Speaking to Newsweek, Charlie Lankston, executive editor at Realtor.com, noted that there would still be increased interest in Harry and Meghan's home thanks to the Netflix show, regardless of the location it was filmed.

"The release of Meghan's new Netflix series, 'With Love, Meghan,' will undoubtedly only increase interest in the couple's home life—despite the fact that it wasn't actually filmed inside the couple's marital mansion, but rather at a borrowed property just a few minutes away," Lankston said.

For her show, the Duchess rented an eight-acre luxurious estate worth $8 million, which is filled with avocado trees and lemon groves.

The estate is reportedly owned by Tom and Sherrie Cipolla, influential figures in Montecito's elite circles.

The duo's 4,500-square-foot residence features four bedrooms and bathrooms, with elegant French doors opening to a picturesque patio, lush lawn, and stunning mountain views.

Taking to Instagram on her freshly launched account, Meghan introduced her new lifestyle series, "With Love, Meghan.

The series, which will premiere on January 15, marks a career milestone for the Duchess, 43, as she will serve as both the host and executive producer.

In the announcement, Meghan shared the trailer on her page, writing: "I have been so excited to share this with you! I hope you love the show as much as I loved making it."

She continued, "Wishing you all a fantastic new year! Thanks to our amazing crew and the team @netflix. Beyond grateful for the support — and fun! As ever, Meghan."

In the official trailer for the show, Meghan is shown engaging in everyday joys, like cooking in her kitchen, arranging flowers, tending to a beehive, and hosting friends and family.

It also highlighted a special moment where Prince Harry is seen hugging his wife while drinking from a cup.

"I've always loved taking something pretty ordinary and elevating it," Meghan said in the trailer, set to "Do You Believe in Magic" by The Lovin' Spoonful.

The Duchess continued, "Surprising people with moments that let them know I was really thinking of them."

"We're not in the pursuit of perfection; we're in the pursuit of joy," Meghan noted elsewhere in the trailer. "Love is in the details," she added.

In a statement shared with People Magazine, Netflix described the series as an "inspiring series, produced by Meghan, Duchess of Sussex, that reimagines the genre of lifestyle programming, blending practical how-to's and candid conversation with friends, new and old."

They highlighted the show's lighthearted and approachable tone: "Meghan shares personal tips and tricks, embracing playfulness over perfection and highlights how easy it can be to create beauty, even in the unexpected. She and her guests roll up their sleeves in the kitchen, the garden, and beyond and invite you to do the same."

The eight-episode series, each episode running 33 minutes, features a circle of Meghan's closest friends.

Notable appearances include her longtime makeup artist, Daniel Martin, and photographer Delfina Blaquier, wife of polo star and Harry's close friend Nacho Figueras.