When Harry & Meghan premiered on Netflix in 2022, few viewers could forget the grand Spanish-style home where much of the docu-series was filmed. At 13,600 square feet, the Montecito estate seemed like a picture-perfect royal retreat. But years after its onscreen debut, the Prince Harry Montecito mansion — a house the couple never actually owned — remains without a buyer despite a multimillion-dollar price cut.

Story Highlights

• Size & Style: 13,600-sq-ft Spanish-style mansion on Lilac Drive, Montecito, California.

• Listing History: First listed at $33.5 million in 2021; reduced to under $30 million in April 2024.

• Netflix Connection: Featured in Harry & Meghan but not the couple’s real home.

• Market Challenge: Buyers seek smaller luxury homes for the same price, according to co-listing agent Ryan Malmsten.

• Royal Context: Renewed attention coincides with Prince Harry’s UK visit for Queen Elizabeth II’s third death anniversary.

A House Made Famous by Netflix

The Montecito mansion first entered the public eye in August 2021 when it was listed for $33.5 million. Months later, the property quietly disappeared from real-estate listings, only to reemerge on the global stage during the Netflix release of Harry & Meghan in December 2022.

Although fans assumed it was the Sussexes’ private residence, the couple never actually lived there. The estate merely provided a cinematic backdrop for their documentary.

From Media Frenzy to Market Fatigue

According to co-listing agent Ryan Malmsten, the Netflix connection created a media storm.

“Harry and Meghan did [their Netflix show] there, and I got bombarded by every newspaper in the world,” Malmsten told SF Gate.
“It was supposed to be hush-hush, and then the Daily Mail got wind of it, and it went ballistic.”

Yet all the attention didn’t translate into offers. By April 2024, the asking price had been slashed to just under $30 million — a multimillion-dollar discount — but the home still sits unsold.

Why the Mansion Isn’t Selling

Malmsten believes size is the stumbling block.

“They’ll pay the same amount, but they want a smaller home,” he explained.
“That’s the big challenge.”

He added that several large luxury properties remain on the market for the same reason. Even in Montecito’s flourishing real-estate scene, sprawling estates like the Prince Harry Montecito mansion have become harder to move.

Royal Context Brings Renewed Attention

The property’s name resurfaced in headlines as Prince Harry traveled to the UK in September for Queen Elizabeth II’s third death anniversary. The Duke of Sussex’s brief visit has fueled speculation about his relationship with King Charles III.

At the same time, former royal butler Grant Harrold’s forthcoming book The Royal Butler is reigniting debate about the rift within the royal family.

“The king doesn’t trust Harry, because of what Harry has said,” Harrold told Page Six.
“He worried that he would use it to his advantage. And he has.”

Harrold, who served King Charles from 2004 to 2011, said the once-close relationship between Prince William and Prince Harry had been “completely destroyed.”

“As soon as Meghan came into his life, everything changed,” he continued. “It could be that Harry had his own awakening and suddenly decided he didn’t like the organization, but the problem is that Meghan was with him when it happened.”

A Symbol of Shifting Tastes

The Prince Harry Montecito mansion has become an unusual case study in California luxury real estate. Despite global exposure and a price reduction, the six-bedroom estate underscores how buyer preferences are evolving. In today’s high-end market, exclusivity and location may matter more than sheer size — even when a home carries a brush with royal fame.

For now, the mansion that briefly became a Netflix star remains an elegant but unsold landmark, reflecting the complex intersection of celebrity, media, and modern real-estate trends.

The Prince Harry Montecito mansion shows how even global fame and Netflix exposure can’t guarantee a sale in California’s luxury real estate market. Despite multimillion-dollar price cuts and worldwide headlines, the six-bedroom Spanish-style home still sits without a buyer, underscoring a shift in what high-end purchasers now want. Whether the estate finally finds an owner or remains a symbol of celebrity-driven hype, the story of the Prince Harry Montecito mansion continues to fascinate both royal watchers and property insiders alike.

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