Meghan Markle and Prince Harry have their eyes set on a new property in Malibu, according to sources. The Duke and Duchess of Sussex were spotted touring an $8 million piece of land over the holiday weekend. The estate sits on nearly 6 acres and boasts a guard house and a large swimming pool. Plans have already been approved for a 10,000-square-foot main residence, with construction estimated at an additional $10 million. The property offers breathtaking views of Broad Beach and is secluded and private, with a gated entrance and a long driveway leading up to the main house site.
The asking price for the property is $8 million, and if Meghan and Harry decide to purchase it, they will assume the costs of construction. The couple currently resides in a $14 million mansion in Montecito, which is quite far from the Hollywood scene. However, the Malibu property is located just 13 miles from the popular celebrity restaurant Nobu and less than an hour’s drive from Los Angeles and Beverly Hills.
Sources close to Meghan and Harry suggest that they are considering selling their Montecito home and making the move to Malibu full-time. The proximity to Hollywood would allow them to easily conduct business, while still providing the security and privacy they desire.
The potential purchase of this Malibu property indicates Meghan and Harry’s interest in maintaining a connection to the entertainment industry, despite stepping back from their roles as senior members of the royal family. It also aligns with their reported plans to pursue philanthropic and media endeavors.
Brendan Brown, from Westside Estate Agency, is believed to be the listing agent for the property. However, there has been no official confirmation or statement from Brown or his agency regarding Meghan and Harry’s interest. It remains to be seen if the couple will proceed with the purchase and make Malibu their new home.
This potential move comes after Meghan and Harry’s highly publicized decision to step down as senior members of the royal family in early 2020. Since then, they have embarked on their independent ventures, including signing multi-million dollar deals with Netflix and Spotify to produce original content. Their new home in Malibu would provide them with a base to further explore these opportunities within the entertainment industry.
While the couple’s Montecito mansion offers them a luxurious and secluded lifestyle, the move to Malibu could provide them with a closer connection to the entertainment industry and a thriving community of like-minded individuals. Furthermore, the area’s stunning coastal views and relaxed beach lifestyle would undoubtedly appeal to the couple, who have expressed their love for the California coastline.
Overall, Meghan Markle and Prince Harry’s interest in this Malibu property reflects their desire to establish a permanent residence that aligns with their personal and professional goals. The potential move would allow them to continue their work in the entertainment industry and maintain their privacy and security in a stunning coastal setting. As their journey continues to unfold, the world eagerly awaits their next steps and the impact they will make in their new home.