The Sussexes bought the nine-bedroom estate for about $14.65 million in 2020, but reports now put mortgage payments and property taxes alone above $600,000 a year, before insurance, security and maintenance. A local real-estate source says there have been rumblings that the couple may sell, although other reports say they currently intend to keep the property.
Prince Harry and Meghan Markle say their Montecito mansion will remain theirs as the family relocates to Britain, but questions are already being raised in Santa Barbara’s luxury property market…