A few weeks ago there were reports that Prince Harry and Meghan Markle had purchased a home in Los Angeles. They turned out to be unfounded, but the British royals are apparently on the hunt for an L.A. abode.
Harry and Meghan have concentrated their search on tony Westside communities including Beverly Hills and Brentwood, according to the New York Post. A source told the Post they’re shopping for a mansion in the $15 million to $20 million range that “[offer] the privacy they need.”
Good news for the royals — the city of L.A. eased restrictions on home showings this week. Open houses are still barred, but property can be shown to as many as two visitors at a time. That should make shopping a bit easier, at least within the bounds of the city.
They’ve shown interest in at least two properties that are both off the market, according to the Post. They’re looking at a home in Brentwood that sits on a half-acre behind a gate and hedges as well as a Beverly Hills mansion on an acre with an infinity pool and views over L.A.
While it’s unclear how L.A.’s residential market could be impacted by the coronavirus pandemic long-term, there seems to be growing optimism among buyers and sellers. Activity picked back up last week, although it didn’t fully recover to usual levels.
The most notable deal of late was Kylie Jenner’s $37 million purchase of a Gala Asher-built spec home in Beverly Hills. [NYP] — Dennis Lynch