The Harry and Meghan effect has impacted book and fashion sales as well as Netflix views, and now their golden touch appears to have reached the real estate market.
A tiny 1948 cottage near where the couple lives has hit the market for a staggering $5,575,000.
According to Zillow, the estimated value was $2 million in and around 2020, but Santa Barbara’s star-studded Montecito neighborhood has continued to boom there since Harry and Meghan moved.
The modest three-bedroom apartment is located at 279 Santa Rosa Lane – just a short drive from the $14.65 million mansion where Meghan and Harry are currently staying with their two children, Archie and Lilibet. The house is also very close to the sprawling lot where the couple filmed their bombshell Netflix documentary.
A tiny cottage built in 1948 and close to where Harry and Meghan lived has hit the market for a staggering $5,575,000
According to Zillow, the estimated value was $2 million in and around 2020, but Santa Barbara’s star-studded Montecito neighborhood has continued to boom there since Harry and Meghan moved
The modest three-bedroom apartment is located at 279 Santa Rosa Lane – just a short drive from the $14.65 million mansion where Meghan and Harry are currently staying with their two children
Other A-listers in the Montecito area include Oprah Winfrey, Ellen DeGeneres, Rob Lowe, Gwyneth Paltrow, and Katy Perry
LEFT: One of the home’s fireplaces framed by rustic chic furniture. RIGHT: Harry and Meghan pictured in November 2017, who live nearby
Harry and Meghan paid a much more expensive $14.65 million for their Montecito mansion, which is a short drive from the property for sale
While renting the large property for filming purposes, they live at an undisclosed address nearby.
Other A-listers in the Montecito area include Oprah Winfrey, Ellen DeGeneres, Rob Lowe, Gwyneth Paltrow, and Katy Perry.
Covering 2,700 sqm, the picturesque Santa Rosa Lane bungalow offers three bedrooms, three bathrooms, an open-plan kitchen and a dining area.
Whitewashed walls and wood paneling create a beachy feel, while dark wood floors add some warmth.
Furniture in neutral tones complete the fresh look.
The main features of the living room include a large brick fireplace, a writing area, a dining area and a large couch where you can relax after dinner.
Down the hall is the chef’s kitchen, which has a spacious fridge and freezer duo, as well as a double oven and ample storage and worktop space.
Off the kitchen there is a more informal dining area with a stone fireplace and a chic wooden dining table.
On the ceiling, an antique ship ornament adds a whimsical touch to the room, which also provides access to the back garden through a set of French doors.
At 2,700 sqm, the picturesque Santa Rosa Lane bungalow offers three bedrooms, three bathrooms, an open kitchen and a dining area
Old trees and plants offer maximum privacy from the neighbors
Manicured lawns are bordered by garden borders and there are various areas for entertaining
Whitewashed walls and wood paneling create a beachy feel, while dark wood floors add some warmth
A description for the house reads: ‘There are many possibilities for this exceptional property… Must see!’
In the ensuite and master bathrooms, terracotta tile floors add a touch of the Mediterranean
The main features of the living room include a large brick fireplace, a writing area, a dining area and a large couch where you can relax after dinner
The property is currently listed with Sina Omidi of Berkshire Hathaway Home Services
According to property records on Compass, the home was last sold in January 2022 for $4,500,000
The multiple bedrooms and bathrooms are all on the same floor, opening off a central corridor, and each has a unique interior design
The property has been on the market for more than 30 days
The multiple bedrooms and bathrooms are all on the same floor, opening off a central corridor, and each has a unique interior design.
In the ensuite and master bathrooms, terracotta tile floors add a touch of the Mediterranean.
If you’re feeling outdoors, there are 2 acres of private land to play on.
Manicured lawns are bordered by garden borders and there are various areas for entertaining.
Old trees and plants offer maximum privacy from the neighbors.
In addition to landscaped gardens, there is parking for up to three vehicles and a guest house presents itself as a further extra.
The outbuilding is separated from the main house by a terrace and has a bedroom and a small shower room.
The property is currently listed with Sina Omidi of Berkshire Hathaway Home Services.
A description for the home reads: ‘Conveniently located near Montecito Union School, Butterfly Beach, Upper Village and Lower Village, the Flag Lot offers immense privacy and unparalleled tranquility.
‘There are many possibilities for this exceptional property in Hedgerow, Montecito. Worth seeing!’
According to property records on Compass, the home was last sold in January 2022 for $4,500,000.
At the time of writing it has been on the market for 30 days.