Prince Harry and Meghan Markle have moved into their new home in California and photos of the property show it’s a massive nine bedroom, 16 bathroom estate.
The couple reportedly moved into the luxurious £11.1 million mansion which boasts a pool, theatre, arcade and guest house in Montecito, California, back in July. They have been living in their new home in California for six weeks now after moving from Tyler Perry’s $18million LA mansion.
The couple is believed to have taken out a massive £7.25m mortgage on the mansion. Deeds, obtained by The Sun, show the buyers for the property took out a £7.25m mortgage to be paid back plus interest by the year 2050 – indicating they put down a deposit of £3.8m.
They will also have to pay a whopping yearly property tax of £220,000.
They chose the house for the sake of their son who needs a lot of space since they hardly leave the house due to their fame.
A source said: “They realised they needed a big home with a lot of space for Archie because they can rarely leave the house due to their fame, they are still quite nervous about going out and about.
“They have been worried about Archie as he’s been inside so much during lockdown and not interacting with other children, but everyone has reassured them that they’re doing a great job.
“Meghan wanted somewhere with a spectacular garden and the house has a giant pool and pond for them to enjoy.”
The property, which was bought in June, is located in the celebrity enclave of Montecito, Santa Barbara – about an hour north of Los Angeles – and is also home to stars such as Oprah Winfrey, Ellen Degeneres and Drew Barrymore.
The mansion has a giant swimming pool, sauna, wine cellar and a five-car garage. It also has a two bedroom guest house. Outside there is a tennis court, large manicured lawns, rose gardens, a tea house and a pond.
The main house includes a library, office, spa with a separate dry and wet sauna, gym, game room, arcade, theatre, wine cellar, and five-car garage.
Frank Abatemarco, a local realtor for Sotheby’s told The Sun: “This is a semi-rural neighbourhood that has everything.
“It’s a great place for children and families. I can’t think of a greater place for them. The schools are also exceptional.”
Pictures from a previous listing of the huge 14,563 square foot property on five acres of land show it appears to have a stripper pole installed in its gym. It is not known if the pole has been removed.
According to a source, the couple say this new house is their “sanctuary”.
The source said: “She has been speaking about getting an easel to sit outside and paint during quiet moments, she loves the California sunsets.
“Harry seems a lot more relaxed, he’s walking around the house in shorts and a t-shirt, unshaven and is friendly with the staff, they think he’s adorable.
“He is particularly relaxed now they have a full security team and he’s talked about how impressed he is by the team, who are former LAPD and ex-servicemen.
“They are still looking for a housekeeper and hope to find one when the pandemic eases up, but they do have staff who are sent out with a list for groceries.”
Frank Abatemarco, a local realtor for Sotheby’s told The Sun: “This is a semi-rural neighbourhood that has everything.
“It’s a great place for children and families. “I can’t think of a greater place for them. The schools are also exceptional.”
