Over the past weekend, the couple explored a six-acre plot in Malibu, estimated to cost around £6.37 million, overlooking the Pacific Ocean. The anticipated cost of constructing their new home on this land is an additional £8 million.
TMZ reports that Meghan and Harry are attracted to this property because of the privacy it provides and its proximity to Hollywood, where they envision their future endeavors.
The property features a guard house at the entrance and a large pool. Foundations have already been laid for a 10,000-square-foot main residence, with an extended driveway leading up to the location of the main house.
Currently, Prince Harry, Meghan, and their children, Prince Archie and Princess Lilibet, reside in an £11.15 million mansion in Montecito, which is considerably distant from Hollywood. However, the Malibu property would offer the couple the advantage of being less than an hour's drive away from the heart of Los Angeles.
According to reports, the couple is considering selling their Montecito home and relocating to Malibu on a full-time basis. This decision stems from their desire to be close enough to Hollywood for professional engagements while also ensuring they have the security and privacy they require, away from the bustling heart of Los Angeles.
During her recent appearance at a Beyoncé concert in Los Angeles, Meghan Markle was spotted mingling with a host of celebrities, emphasizing her growing connections in the entertainment world.