{"id":143098,"date":"2021-10-29T09:52:46","date_gmt":"2021-10-29T09:52:46","guid":{"rendered":"https:\/\/precoinnews.com\/?p=143098"},"modified":"2021-10-29T09:52:46","modified_gmt":"2021-10-29T09:52:46","slug":"harry-and-meghans-billionaire-neighbor-sells-19million-mansion-as-rich-and-famous-leave-luxury-california-area","status":"publish","type":"post","link":"https:\/\/precoinnews.com\/world-news\/harry-and-meghans-billionaire-neighbor-sells-19million-mansion-as-rich-and-famous-leave-luxury-california-area\/","title":{"rendered":"Harry and Meghan's billionaire neighbor sells $19million mansion as rich and famous leave luxury California area"},"content":{"rendered":"

PRINCE Harry and Meghan have lost another wealthy neighbour after a nearby billionaire sold his $19m mansion in Montecito.<\/p>\n

Peter Sperling, who is worth $1.6bn and is one of the 400 wealthiest Americans, sold his seven-bedroom pad in the plush southern Californian neighbourhood in April, documents shows.<\/p>\n


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The billionaire, son of University of Phoenix founder John Sperling, also sold another home nearby for more than $16.3m in February.<\/p>\n

This follows West Wing actor Rob Lowe who sold up and left Montecito in September last year.<\/p>\n

Harry and Meghan settled in the area after stepping down as senior royals and leaving the UK in January 2020.<\/p>\n

Their current neighbours include Hollywood A-listers Oprah Winfrey, who the couple spoke to in a bombshell interview, Gwyneth Paltrow and Ellen DeGeneres.<\/p>\n

Meanwhile, Sperling reduced the price of his Garden Lane mansion by a total of $7.65m – just a stones throw away from the Duke and Duchess.<\/p>\n

The sprawling property was listed at $26.75m but was eventually sold for $19.1m.<\/p>\n

According to reports, Sperling has been trying to offload the posh home since 2017.<\/p>\n

He sold his other estate in the area for $10.5million to British-born actress Jayne Seymour.<\/p>\n

The home sold in April was bought by a trust run by financial analyst and Los Angeles lawyer Robert Gipson who took out a $12million mortgage to push through the deal.<\/p>\n

It is unclear whether Gipson will live in the Montecito mansion.<\/p>\n

According to records the 11,170sq-ft home was built in 1999, has 13 bathrooms, nine fireplaces and is just yards from the royal couple's $14.65m home.<\/p>\n

The swanky house boasts both ocean and mountain views, vistas also enjoyed by the royal neighbours.<\/p>\n

A listing on Estately.com says: \u201cOcean\/mountain views, lush lawns, citrus trees, verdant gardens, creeks, bridges and pathways framing a remarkable residence, setting the bar for luxury.<\/p>\n


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\u201cCobblestone motor court introduces an exquisite English Country Architectural with indelible grace & stature.<\/p>\n

\u201cFeaturing seven bedroom suites with 13 total bathrooms, an eight car subterranean auto gallery, two bay chauffeurs garage with three staff \/security offices upstairs, two separate one-bed guest houses and separate staff laundry\/restrooms\/break room facilities.<\/p>\n

\u201cDetached professional gym, play room, pool and pool cabana.<\/p>\n

\u201cNew secondary culinary arts kitchen the envy of any five star restaurant.<\/p>\n

\u201cMaster suite to end all others replete with its own accessories boutique.<\/p>\n

\u201cSee this and you've seen it all.\u201d<\/p>\n

Harry and Meghan talked about their new life in California during their explosive interview with Oprah last year.<\/p>\n

Meghan told the host their move to Montecito was \u201cgreater than any fairytale you've ever read\u201d.<\/p>\n

During the interview, couple shocked the world when they accused an unnamed royal of making racist remarks about their son Archie's skin colour.<\/p>\n


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