Meg Ryan’s Montecito Estate Back on Market at $19.5 Million
Actress Meg Ryan, known for her memorable roles in romantic comedies such as Sleepless in Seattle, has recently re-listed her expansive Montecito estate for $19.5 million. Initially placed on the market for $22.5 million in 2023, the property now features a significant price reduction, a move that may attract potential buyers.
Property Acquisition and Background
Ryan purchased the estate in 2021 for $9.5 million, a considerable investment following her earlier sale of a Santa Barbara home for nearly three times its original purchase price. The 2-acre property was previously owned by Alicia McFarlane, the granddaughter of legendary actor John Wayne, along with her husband James, who acquired it for $5.4 million in 2020. The estate boasts a rich history, having been owned by the late author Sue Grafton.
Recent Renovations
Originally built in 2010, the compound underwent extensive renovations during Ryan’s ownership, adding an additional 3,000 square feet of living space and enhancing its aesthetic appeal. Notable features include:
- An ocean-view front porch complete with a fireplace and a swinging chair.
- Improvements to the primary residence, now totaling 7,100 square feet.
- A sprawling design incorporating dark hardwood floors and lime-washed walls.
Property Features
The estate features three separate structures, comprising a total of seven bedrooms and six bathrooms across 8,400 square feet. Key highlights include:
- A spacious living room with a statement chandelier and a refined media room.
- A dining area connecting to a sleek kitchen equipped with top-tier appliances and a marble island.
- An elegantly wallpapered primary suite, complete with a private balcony and an indulgent bath.
Outdoor Amenities
The grounds of the estate are landscaped with gardens, a fountain, and various spots suitable for outdoor entertainment and relaxation. Guest accommodations are available, including:
- A 800-square-foot space above the three-car garage.
- A detached cabin measuring 454 square feet, each featuring its own bedroom and bathroom.
Future Ventures
As Ryan transitions from her Montecito residence, she has set her sights on the East Coast, having recently purchased a traditional shingled home in the Hamptons for approximately $13.5 million.
Conclusion
With potential buyers drawn to the allure of Montecito—where notable neighbors include Prince Harry and Meghan Markle—Ryan’s glamorous estate is poised for a new chapter. Only time will tell who will make this stunning property their home.
For a closer look at the exquisite details of Ryan’s residence, photographs can be found on the listing by Riskin Partners Estate Group.