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The Harry and Meghan effect has impacted book and fashion sales and Netflix views alike and now their golden touch appears to have hit the property market.
A tiny cottage built in 1948 and located close to where the couple live has come on to the market for an eye-watering $5,575,000.
According to Zillow, in and around 2020 its estimated value was $2 million but the star-studded Santa Barbara neighborhood of Montecito has boomed even further following Harry and Meghan’s move there.
The humble three-bedroom abode is located at 279 Santa Rosa Lane – just a short drive from the $14.65 million mansion where Meghan and Harry currently reside with their two children, Archie and Lilibet. The home also sits very near to the expansive property where the couple filmed their bombshell Netflix documentary.
A tiny cottage built in 1948 and located close to where Harry and Meghan live has come on to the market for an eye-watering $5,575,000
According to Zillow, in and around 2020 its estimated value was $2 million but the star-studded Santa Barbara neighborhood of Montecito has boomed even further following Harry and Meghan’s move there
The humble three-bedroom abode is located at 279 Santa Rosa Lane – just a short drive from the $14.65 million mansion where Meghan and Harry currently reside with their two children
Other A-listers in the Montecito locality include Oprah Winfrey, Ellen DeGeneres, Rob Lowe, Gwyneth Paltrow, and Katy Perry
LEFT: One of the home’s fireplaces framed by rustic chic furnishings. RIGHT: Harry and Meghan, pictured in November 2017, who live close by
Harry and Meghan paid a much more pricey $14.65 million for their Montecito mansion, which is located a short drive from the property that is up for sale
While they rented the grand property for filming purposes, they live at an undisclosed address nearby.
Other A-listers in the Montecito locality include Oprah Winfrey, Ellen DeGeneres, Rob Lowe, Gwyneth Paltrow, and Katy Perry.
Set across 2,700 sq ft, the quaint Santa Rosa Lane bungalow offers three bedrooms, three bathrooms, an open-plan kitchen and dining area.
Whitewashed walls and wood cladding run throughout creating a beachy feel, while dark wood flooring injects some warmth.
Neural-hued furnishings complete the fresh look.
In the living room, key features include a large brick fireplace, a writing nook, a dining area and a large couch to sink into post-dinner.
Down the hall, the chef’s kitchen can be found, which features an expansive fridge and freezer duo, as well as a double oven and copious amounts of storage and worktop space.
Off the kitchen, there is a more informal dining area that comprises a stone-walled fireplace and chic wooden dining table.
On the ceiling, an antique ship ornament adds a touch of quirkiness to the room that also offers access to the back garden through a set of French doors.
Across 2,700 sqft, the quaint Santa Rosa Lane bungalow offers three bedrooms, three bathrooms, an open-plan kitchen and dining area
Mature trees and plants offer maximum privacy from the neighbors
Well kept lawns are fringed by garden borders and there are various spaces to entertain
Whitewashed walls and wood cladding run throughout creating a beachy feel, while dark wood flooring injects some warmth
A description for the home reads: ‘There is a lot of potentials for this exceptional property… Must see!’
In the ensuite and main bathrooms, terracotta tiled flooring adds a touch of the Mediterranean
In the living room, key features include a large brick fireplace, a writing nook, a dining area and a large couch to sink into post-dinner
The property is currently listed with Sina Omidi of Berkshire Hathaway Home Services
According to property records on Compass, the home last sold in January 2022 for $4,500,000
All located on the same floor, the multiple bedrooms and bathrooms run off a central corridor, and each feature unique interior design
The property has been on the market for more than 30 days
All located on the same floor, the multiple bedrooms and bathrooms run off a central corridor, and each feature unique interior design.
In the ensuite and main bathrooms, terracotta tiled flooring adds a touch of the Mediterranean.
Moving outdoors, there is 0.87 acres of private land to play with.
Well kept lawns are fringed by garden borders and there are various spaces to entertain.
Mature trees and plants offer maximum privacy from the neighbors.
Along with landscaped gardens, there is parking space for up to three vehicles and a guesthouse presents itself as another perk.
The outbuilding is separated from the main house by a patio and it has one 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, the upper Village and the lower Village, the flag lot offers immense privacy and unparalleled tranquility.
‘There is a lot of potentials for this exceptional property in the Hedgerow, Montecito. Must see!’
According to property records on Compass, the home last sold in January 2022 for $4,500,000.
At the time of writing, it has been on the market 30 days.
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