Meghan and Harry Reportedly Plunked Down $14.69 Million for a Montecito Dream House

Besieged by paparazzi in L.A., the former royals are settling down in Santa Barbara County

In their bid to settle into normal life as a couple of non-royal Californians, Meghan Markle and Prince Harry are reported to have purchased a majestic nine-bedroom, 16-bathroom mansion on a 7.4 acre estate in Montecito.

The Duchess and Duke of Sussex’s new 18,671 square-foot Mediterranean-style home features a library, gym, wet and dry saunas, elevator, arcade, game room and home theater—plus a two-bed, two-bath guesthouse, a tea house, and something called a “children’s cottage,” real estate website reports.

Though the couple’s names don’t appear on the deed, property records show it was purchased in June by a trust that has the same Wilshire Boulevard mailing address as Markle’s business manager. The records also show that the buyers got a $9.5 million mortgage to secure the palatial estate.

Despite the dizzying price tag, Meghan and Harry actually made a killing on the digs from Russian businessman Sergey Grishin, who paid $23 million for the property in 2009.

The couple had been living in pal Tyler Perry’s Hollywood Hills house since their arrival in L.A. earlier this year, but were besieged by paparazzi using drones and helicopters to sneak photos of their son, Archie. Their new compound—complete with a full-size tennis court, lap-lane swimming pool, and a mini-playground for kids—is located on a private, gated street, secluded by tiered rose gardens, olive trees, and stately Italian cypress trees.

Their neighbors in the seaside Shangri-La include Ellen DeGeneres, Gwyneth Paltrow, Ariana Grande, and Oprah Winfrey.

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