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Home next door to Prince Harry and Meghan Markle’s Montecito mansion goes up for sale for $22million

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The home next door to Prince Harry and Meghan Markle’s Montecito mansion has gone up for sale for $22 million.

It’s the former home to actor Rob Lowe, reports local outlet Noozhawk

In a listing for the seven-bedroom estate potential buyers are shown round its 13-bathrooms, pool with a cabana and two separate one-bedroom guesthouses. It also boasts ocean and mountain views and a gym. 

An offer was placed on the 16,668 square feet property on Saturday, The New York Post reports, but backup offers are being considered. Gwyneth Paltrow, Ellen DeGeneres, as well as the couple’s interview host Oprah Winfrey, also live nearby. 

The home – which is just yards from the Duke and Duchesses’ property and sits on 5.56 acres of land – is around a two-hour drive from downtown Los Angeles. It was built in 1999. Actor Rob Lowe was the former owner, Noozhawk reported, though it’s unclear if he’s the immediate past resident.

Harry and Meghan gushed about their new life in Los Angeles in the Oprah interview aired Sunday as they shared candid footage of son Archie playing on a beach and showed off the hens they rescued from a factory farm.  

Meghan told the talk show host, who also happens to be a neighbor, how their move to California was ‘greater than any fairytale you’ve ever read’ after revealing she had been left feeling suicidal while living as a senior royal in the UK.

She claimed she and Harry want to ‘live authentically’ and get back ‘down to basics’ as they offered a glimpse into their life in their $14.5million mansion by showing Oprah around Archie’s chicken coop. 

The home next door to Prince Harry and Meghan Markle¿s Montecito mansion has gone up for sale for $22 million

The home next door to Prince Harry and Meghan Markle’s Montecito mansion has gone up for sale for $22 million

In a listing for the seven-bedroom estate potential buyers are shown round its 13-bathrooms, a pool with a cabana and two separate one-bedroom guesthouses. It also boasts ocean and mountain views and a gym

In a listing for the seven-bedroom estate potential buyers are shown round its 13-bathrooms, a pool with a cabana and two separate one-bedroom guesthouses. It also boasts ocean and mountain views and a gym

An offer was placed on the 16,668 square feet property on Saturday but backup offers are being considered

An offer was placed on the 16,668 square feet property on Saturday but backup offers are being considered

Gwyneth Paltrow, Ellen DeGeneres as well as Monday night's interview host Oprah Winfrey also live nearby

Gwyneth Paltrow, Ellen DeGeneres as well as Monday night’s interview host Oprah Winfrey also live nearby

The home is just yards from the Duke and Duchesses' property and sits on 5.56 acres of land

The home is just yards from the Duke and Duchesses’ property and sits on 5.56 acres of land

The property is around a two-hour drive from downtown Los Angeles and was built in 1999

The property is around a two-hour drive from downtown Los Angeles and was built in 1999

The Duke and Duchess of Sussex have insisted their interview with Oprah Winfrey would be the 'last word' on them quitting as senior royals

The Duke and Duchess of Sussex have insisted their interview with Oprah Winfrey would be the ‘last word’ on them quitting as senior royals 

The couple moved into their sprawling nine-bedroom and 16-bathroom mansion in upscale Montecito for $14.65million in June last year. 

The 14,563-square-foot home, known as ‘The Chateau’, sits on 5.4 acres of land and immaculately clipped hedges border the estate’s stone-pillared entry gates. 

Property listings say the home took nearly five years to build and included a library, office, spa with a separate dry and wet sauna, a gym with a stripper pole, game room, arcade, theater, wine cellar and five-car garage.  

The entrance to the property opens onto a wide lane paved with hand-cut Santa Barbara Stone that leads through a grand archway of trees to the main residence, according to Zillow. 

The estate has sweeping lawns, tiered rose gardens, tall Italian cypress trees, blooming lavender, century old olive trees, a tennis court, tea house, children’s cottage and a pool. 

It also boasts a two-bedroom, two-bath guest house, perfect for Meghan’s mother Doria, who is acting as one-year-old Archie’s nanny     

Harry and Meghan gushed about their new life in the Oprah interview aired Sunday; their neighbor's home is pictured

Harry and Meghan gushed about their new life in the Oprah interview aired Sunday; their neighbor’s home is pictured 

Meghan told Oprah, who also happens to be a neighbor, how their move to California was 'greater than any fairytale you've ever read' after revealing she had been left feeling suicidal while living as a senior royal in the UK

Meghan told Oprah, who also happens to be a neighbor, how their move to California was ‘greater than any fairytale you’ve ever read’ after revealing she had been left feeling suicidal while living as a senior royal in the UK

The home next door to the couple comes complete with a pool and cabana; it was put on the market earlier this year

The home next door to the couple comes complete with a pool and cabana; it was put on the market earlier this year 

Harry and Meghan moved into their sprawling nine-bedroom and 16-bathroom mansion in upscale Montecito for $14.65million in June last year. Their neighbor's yard is pictured

Harry and Meghan moved into their sprawling nine-bedroom and 16-bathroom mansion in upscale Montecito for $14.65million in June last year. Their neighbor’s yard is pictured 

Harry and Meghan's home sits on 5.4 acres of land; their neighbor's home is pictured in a realtor's listing

Harry and Meghan’s home sits on 5.4 acres of land; their neighbor’s home is pictured in a realtor’s listing 

The couple announced in the show they are expecting a girl in the summer before accusing an unnamed member of the Royal Family of raising ‘concerns’ about ‘how dark’ Archie’s skin would be before he was born. Oprah later clarified Harry had confirmed the comment was not made by the Duke of Edinburgh or the Queen.

They also said he was denied 24/7 security and the title of being a prince by Buckingham Palace.  

The home was once owned by Rob Lowe, reports local Santa Barbara site Noozhawk

The home was once owned by Rob Lowe, reports local Santa Barbara site Noozhawk

Meghan told Oprah the couple are embracing a more ‘authentic’ life since they quit the Royal Family as senior working royals last year. 

‘I think just being able to live authentically [has been the most important thing],’ said Meghan.

‘This kind of stuff is so basic, but it’s really fulfilling and about getting back to basics.’

This ‘back to basics’ lifestyle comes after they set up home in their sprawling nine-bedroom and 16-bathroom $14.65 million mansion in upscale Montecito back in July, where their neighbors include Winfrey, Ellen DeGeneres and Ariana Grande.   

Meghan and Harry took the talk show host around the grounds of their lavish home and introduced her to their rescued birds which live in Archie’s chicken coop.      

A plaque on the side of the hut reads ‘Archie’s Chick Inn. Established 2021’.  

The couple announced in the show they are expecting a girl in the summer before accusing an unnamed member of the Royal Family of raising 'concerns' about 'how dark' Archie's skin would be before he was born

The couple announced in the show they are expecting a girl in the summer before accusing an unnamed member of the Royal Family of raising ‘concerns’ about ‘how dark’ Archie’s skin would be before he was born 

Meghan told Oprah the couple are embracing a more 'authentic' life since they quit the Royal Family as senior working royals last year. 'I think just being able to live authentically [has been the most important thing],' said Meghan

Meghan told Oprah the couple are embracing a more ‘authentic’ life since they quit the Royal Family as senior working royals last year. ‘I think just being able to live authentically [has been the most important thing],’ said Meghan

This 'back to basics' lifestyle comes after they set up home in their sprawling nine-bedroom and 16-bathroom $14.65 million mansion in upscale Montecito back in July, where their neighbors include Winfrey, Ellen DeGeneres and Ariana Grande

This ‘back to basics’ lifestyle comes after they set up home in their sprawling nine-bedroom and 16-bathroom $14.65 million mansion in upscale Montecito back in July, where their neighbors include Winfrey, Ellen DeGeneres and Ariana Grande

Meghan and Harry took the talk show host around the grounds of their lavish home and introduced her to their rescued birds which live in Archie's chicken coop. A plaque on the side of the hut reads 'Archie's Chick Inn. Established 2021'. Their neighbor's home boasts this private drive way, realtor pictures show

Meghan and Harry took the talk show host around the grounds of their lavish home and introduced her to their rescued birds which live in Archie’s chicken coop. A plaque on the side of the hut reads ‘Archie’s Chick Inn. Established 2021’. Their neighbor’s home boasts this private drive way, realtor pictures show 

The home boasts 13 bathrooms, including the one pictured above with stunning view of the California countryside

The home boasts 13 bathrooms, including the one pictured above with stunning view of the California countryside 

While much of the interview honed in on the couple's criticism of life in the UK and 'The Firm', they told new neighbor Oprah how they are now 'thriving' and have found their 'happy ending' since upping sticks and moving to LA. Their neighbor's pator is pictured

While much of the interview honed in on the couple’s criticism of life in the UK and ‘The Firm’, they told new neighbor Oprah how they are now ‘thriving’ and have found their ‘happy ending’ since upping sticks and moving to LA. Their neighbor’s pator is pictured 

A second kitchen is pictured in the home, which is under offer after 47 days on the market, The New York Post reports

A second kitchen is pictured in the home, which is under offer after 47 days on the market, The New York Post reports

The listing describes 'acres of ocean/mountain views, lush lawns, citrus trees, verdant gardens, creeks, bridges & pathways framing a remarkable residence, setting the bar for luxury'

The listing describes ‘acres of ocean/mountain views, lush lawns, citrus trees, verdant gardens, creeks, bridges & pathways framing a remarkable residence, setting the bar for luxury’

The home also has a 'new secondary culinary arts kitchen the envy of any 5 star restaurant', according to the listing

The home also has a ‘new secondary culinary arts kitchen the envy of any 5 star restaurant’, according to the listing 

While much of the interview honed in on the couple's criticism of life in the UK and 'The Firm', they told new neighbor Oprah how they are now 'thriving' and have found their 'happy ending' since upping sticks and moving to LA

While much of the interview honed in on the couple’s criticism of life in the UK and ‘The Firm’, they told new neighbor Oprah how they are now ‘thriving’ and have found their ‘happy ending’ since upping sticks and moving to LA

In the bombshell two-hour special Meghan revealed she was suicidal when she was pregnant and had told Harry: 'I don't want to be alive anymore'. Meanwhile Harry revealed he didn't realize he was 'trapped' in his Royal life until he met Meghan and how he has 'compassion' for his other family members are still 'trapped'

In the bombshell two-hour special Meghan revealed she was suicidal when she was pregnant and had told Harry: ‘I don’t want to be alive anymore’. Meanwhile Harry revealed he didn’t realize he was ‘trapped’ in his Royal life until he met Meghan and how he has ‘compassion’ for his other family members are still ‘trapped’

While much of the interview honed in on the couple’s criticism of life in the UK and ‘The Firm’, they told new neighbor Oprah how they are now ‘thriving’ and have found their ‘happy ending’ since upping sticks and moving to LA.

In the bombshell two-hour special Meghan revealed she was suicidal when she was pregnant and had told Harry: ‘I don’t want to be alive anymore’.

Meanwhile Harry revealed he didn’t realize he was ‘trapped’ in his Royal life until he met Meghan and how he has ‘compassion’ for his other family members are still ‘trapped’.

‘I was trapped but I didn’t know I was trapped,’ he said. 

‘I myself was trapped as well. I didn’t see a way out. I was trapped but I didn’t know I was trapped,’ he said. 

‘Trapped within the system, like the rest of my family are. My father and my brother, they are trapped. They don’t get to leave, and I have huge compassion for that.’ 

Other shock claims about their old life included allegations that Prince Charles stopped taking Harry's calls after they decided to quit the Royal Family

Other shock claims about their old life included allegations that Prince Charles stopped taking Harry’s calls after they decided to quit the Royal Family

Like the previous photograph, both the Duke and Duchess are seen barefoot with the same large tree in the background

Like the previous photograph, both the Duke and Duchess are seen barefoot with the same large tree in the background

However, Meghan is seen wearing a different dress to the previous image announcing her pregnancy

However, Meghan is seen wearing a different dress to the previous image announcing her pregnancy

Stony-faced royals on Monday broke cover amid the continuing fallout from an onslaught of damaging allegations from Harry and Meghan's Oprah interview. The Duchess of Cambridge, Kate Middleton, and Camilla, the Duchess of Cornwall, bore grim expressions as they were seen driving through London this afternoon

Stony-faced royals on Monday broke cover amid the continuing fallout from an onslaught of damaging allegations from Harry and Meghan’s Oprah interview. The Duchess of Cambridge, Kate Middleton, and Camilla, the Duchess of Cornwall, bore grim expressions as they were seen driving through London this afternoon

Harry and Meghan's neighbor's home is pictured; it has an eight car subterranean auto gallery and a two bay chauffeurs garage  with security offices upstairs

Harry and Meghan’s neighbor’s home is pictured; it has an eight car subterranean auto gallery and a two bay chauffeurs garage  with security offices upstairs

Another of the home's seven bedrooms is pictured. Those with a spare $22 million can move in next door to Harry and Meghan

Another of the home’s seven bedrooms is pictured. Those with a spare $22 million can move in next door to Harry and Meghan

The outside of the home shows three large doors leading out on to a patio area

The outside of the home shows three large doors leading out on to a patio area

Other shock claims about their old life included allegations that Prince Charles stopped taking Harry’s calls after they decided to quit the Royal Family. 

The couple on Monday shared a previously unreleased image showing the Duke of Sussex, 36, cuddling his pregnant wife, 39, as she holds Archie, one, in a lush Los Angeles garden. The toddler’s face is hidden from view behind that of his mother’s. 

Like the previous photograph, both the Duke and Duchess are seen barefoot with the same large tree in the background. However, Meghan is seen wearing a different dress to the previous image announcing her pregnancy. 

Stony-faced royals on Monday broke cover amid the continuing fallout from an onslaught of damaging allegations from Harry and Meghan’s Oprah interview. The Duchess of Cambridge, Kate Middleton, and Camilla, the Duchess of Cornwall, bore grim expressions as they were seen driving through London this afternoon. 

The home sits in more than five acres of land and is nestled in the Calfornia countryside

The home sits in more than five acres of land and is nestled in the Calfornia countryside 

The location of the home is popular with celebrities and takes around two hours to drive to LA

The location of the home is popular with celebrities and takes around two hours to drive to LA 

It is not known who has made an offer on the home; it's grand staircase is pictured

It is not known who has made an offer on the home; it’s grand staircase is pictured 

Harry and Meghan look set to have new neighbors after an offer was placed on the home; a walk in closet is pictured

Harry and Meghan look set to have new neighbors after an offer was placed on the home; a walk in closet is pictured 

The stunning home looks fit for royalty; it's pool area is pictured

The stunning home looks fit for royalty; it’s pool area is pictured 

The property also comes with a gym for home workouts, picturd, and was completed in 1999

The property also comes with a gym for home workouts, picturd, and was completed in 1999 

It has two, one bed room, guest houses, perfect for those who like to entertain

It has two, one bed room, guest houses, perfect for those who like to entertain 

One of the home's reception rooms is pictured; The lisitng states: 'Master suite to end all others replete w/ its own accessories boutique'

One of the home’s reception rooms is pictured; The lisitng states: ‘Master suite to end all others replete w/ its own accessories boutique’

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Maurice Investments sell London office building for €30.3m (GB)

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Allsop, acting jointly alongside Anton Page, has completed the sale of the freehold of a Grade A workspace in Aldgate, central London, on behalf of Maurice Investments for €30.3m (£26m). Acquired by Meadow Partners, the price is equivalent to approximately €1120 (£960) per ft² and a net initial yield of 5%.

 

Wool + Tailor, 10-12 Alie Street E1, comprises 27,158ft² of Grade A office and ancillary accommodation over nine floors. It is within a three-minute walk of Aldgate station and a 15-minute walk of six further train and underground stations, including Whitechapel which is on the newly opened Elizabeth line, and is multi-let to five tenants. Maurice Investments had initially acquired the building in an off-market deal advised by Allsop, which also went on to conclude a successful leasing campaign alongside Anton Page.

 

Wool + Tailor was redeveloped in 2019 to include two additional floors and a new façade, with BREEAM “very good” and EPC A and B ratings. It features an eco-friendly biodiverse roof, cycle racks to accommodate up to 36 bikes, and a WiredScore Gold certification with fibre optic internet. Wool + Tailor further benefits from outstanding natural light throughout, which is enhanced by floor-to-ceiling heights of up to 3.3 metres, and a 7th floor communal business lounge with dual aspect terraces offering panoramic views of the City and beyond.

 

Matthew Millman, Partner at Allsop, said: “The sale of Wool + Tailor concludes a highly successful business plan for our client where we advised on the off-market acquisition, letting, then disposal of what has become one of the finest buildings in Aldgate. Wool + Tailor satisfies the requirements of the modern investor and occupier for ‘best in class’ office space with strong ESG credentials, excellent connectivity and plentiful nearby cafes, bars and restaurants.”

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AnaCap secures €59m loan for Paris office deal (FR)

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Tristan Capital Partners’ TIPS One “Income Plus” Real Estate Debt Fund has provided senior debt financing to funds advised by AnaCap Financial Partners, to support the €59.25m acquisition of South Station, a freehold office asset located in Massy, in the second ring of Paris. South Station is a high-quality property ideally located in Massy – the largest economic centre in the Southern Paris area – and is adjacent to the town’s main transport stations (RER and TGV). The asset is one of the most attractive buildings in the submarket offering modern A-grade office space with excellent amenities.

 

The sale and partial leaseback acquisition will see the vendor CGG, a geophysics specialist, remain as the majority tenant. Pramena Investment will act as the asset manager for the property.

 

Ashil Sodha, Director, Debt Investment at Tristan Capital Partners, said: “As TIPS One continues to diversify, we are pleased to have closed our first loan in France. We are focused on lending on high-quality assets with the right ESG characteristics and we believe this loan exemplifies this strategy well. We look forward to working alongside AnaCap and Pramena and supporting them in optimising their strategy for this asset.”

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Barratt and David Wilson invest €45.5m in UK resi market

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Harworth Group plc has sold two residential land parcel at its Waverley and Thoresby Vale developments to Barratt and David Wilson Homes, for a total consideration of €45.5m (£39m).

 

At Waverley in South Yorkshire, Harworth has competed a €33.8 (£29m) land sale which will see the delivery of approximately 450 homes, of which over 30% will be affordable. This represents Harworth’s largest-ever serviced residential land sale by number of plots. The new homes will represent Barratt and David Wilson Homes’ fifth phase at the site and will be situated adjacent to both Highwall Park and the Waverley Lake, benefitting from unique water frontage in an area of the development known as Waverley Waterfront. Construction will follow a bespoke design code, devised in partnership between Harworth and Barratt and David Wilson Homes, that complements the existing Waverley development while maximising the amenity value of the area’s waterfront location. The development will include a pedestrianised promenade, further enhancing the site’s placemaking and connectivity.

 

At Thoresby Vale in Nottinghamshire, Harworth has exchanged on the sale of serviced land capable of delivering 174 homes, for €11.6m (£10m). This represents the second phase of the Thoresby Vale development, following the sale of two land parcels at the site to Harron Homes and Barratt and David Wilson Homes in 2019 and 2020 respectively. Alongside the new homes, Barratt and David Wilson Homes will provide a new surface water attenuation pond and a multi-use path and associated landscaping, which will enhance connectivity and link to the site’s planned primary school and local centre, for which site preparation works are currently underway. The sales conclude an active first half for Harworth’s residential developments, during which over 100% of its budgeted residential land sales for the year were completed, exchanged or under offer, and it also launched its first single-family Build to Rent portfolio.

 

Andrew Blackshaw, Chief Operating Officer at Harworth, commented: “Barratt and David Wilson Homes is a trusted and valued partner to Harworth, and we are pleased to be developing our relationship with these two significant land sales. Harworth is particularly well-placed in volatile markets as our serviced land provides housebuilders with a product which is de-risked and ready to build on from day one. The acceleration of both our Waverley and Thoresby Vale sites will see Harworth stepping through its strategy to take advantage of the placemaking and levelling up that these schemes ultimately bring to these communities. In addition, these sales will enhance the maturation of these socially diverse neighbourhoods when delivered alongside our recently launched single family Build to Rent product, Project Spur.”

 

Ed Catchpole, Joint Regional Director for Yorkshire & Central at Harworth, added: “Barratt and David Wilson Homes has a proven track record of high-quality housing delivery at Harworth sites, and these transactions will help to further accelerate the build-out and placemaking at Waverley and Thoresby Vale. Both sites are also set to benefit from additional investment which will see the creation of new Build to Rent homes and local amenities.”

 

Mark Cotes, Managing Director at Barratt and David Wilson Homes North Midlands, said: “We’re thrilled to have secured the land for an extension to our Thoresby Vale development and will look forward to another opportunity to meet the growing demand for housing in Nottinghamshire. Our growing community in Edwinstowe will continue to provide new jobs for local people and we’ll be making further ecological and financial investments as the development progresses.”

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