Prince Harry and Meghan Markle may list Montecito home amid high monthly expenses

Prince Harry and Meghan Markle plan to relocate to the UK, ending their six-year residence in California. Despite publicly stating they will retain their Montecito estate, sources suggest they may sell the property due to high costs, including mortgage payments exceeding $600,000 annually and increasing property taxes. The estate, purchased for around $14.65 million, is valued by real estate experts at between $55 million and $75 million, but the couple’s ongoing expenses and the move to Britain cast doubt on retaining the property.

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