Meg Ryan is known for her work in films, such as When Harry Met Sally. Her interest in homes and renovation projects has also been part of her life outside acting. In 2021, she bought a 2-acre estate on Picacho Lane in Montecito, California, for $9.5 million. She purchased the property through an LLC that she had used for other real estate deals. Ryan later carried out a major renovation of the property. About 3,000 square feet area was added to the existing home. The estate finally boasted of about 8,352 square feet area with seven bedrooms and six bathrooms. Ryan put the property on the market for $22.5 million in February 2025. The asking price was reduced several times before a buyer was found. The sale closed in June 2025 for $16.8 million. The property has since returned to the market. The latest asking price is $19.9 million. How much did Meg Ryan pay for the Montecito property? Ryan bought the estate in August 2021 for $9.5 million. The property covered about two acres in the Santa Barbara-area community of Montecito. At the time of the purchase, the estate had about 6,500 square feet of living space. It included five bedrooms, five bathrooms and a guesthouse. Ryan bought the property from Alicia McFarlane, the granddaughter of actor John Wayne. The actress then began work on the house. What changes did Meg Ryan make to the estate? Ryan added about 3,000 square feet of living space during her ownership. She added three fireplaces. One is in the living room, another is in the primary bedroom and a third is on the patio. Live Events You Might Also Like: The property also got an elevator and a new front veranda with oceanic view. Ryan also customized a detached creative cabin. After the changes, the home had seven bedrooms and six bathrooms. The estate also included the main residence, a guesthouse and the creative cabin. What is inside the former Montecito home? The current listing describes the property as a renovated estate on Picacho Lane. The entrance has a porch that connects to the main living areas. The living room has couches, an overhead light fixture and a fireplace. A formal dining room sits next to the living area. It includes a marble table and a black glass divider. The kitchen has modern appliances, a marble backsplash and built-in black cabinets. A large island uses the same marble as the backsplash and has seating for three people. You Might Also Like: Another table in the kitchen can seat more than five people. The primary bedroom has wallpaper, a balcony and a fireplace. It also has two vanities. What does the outdoor area include? In the outdoor, there is a patio with a swinging bench. It offers view of the sea and mountains. The property also has a water fountain and a guesthouse. The listing highlights the elevator and the layout of the main residence, guesthouse and creative cabin. It presents the property as a home that can be used for entertaining or as a private retreat. The location also places the future owner near other well-known residents. Prince Harry and Meghan Markle, and Gwyneth Paltrow are among the celebrities who have homes in the area. Why did Meg Ryan sell the property? Ryan listed the Montecito estate for $22.5 million in February 2025. She had bought the property for $9.5 million in 2021 and invested in its renovation and expansion. The property did not sell at the original asking price. Ryan finally agreed to sell the property for $16.8 million in June 2025. The difference between the purchase price and sale price was $7.3 million. Why is the house back on the market? The buyer who purchased the estate from Ryan brought it back to the market only two months after the June 2025 sale. The new owner initially asked for $21.9 million. That price was more than $5 million above the $16.8 million price paid to Ryan. The property remained on the market and could not find a buyer. It was removed from the market in January 2026. It has now returned with a $19.9 million asking price. The property is being marketed with its expanded floor plan, ocean and mountain views, guesthouse, creative cabin and other features. Add as a Reliable and Trusted News Source Add Now!
Meg Ryan turns $9.5M California home into $16.8M
Meg Ryan is known for her work in films, such as When Harry Met Sally. Her interest in homes and renovation projects has also been part of her life outside acting. In 2021, she bought a 2-acre estate on Picacho Lane in Montecito, California, for $9.5 million. She purchased the property through an LLC that she had used for other real estate deals. Ryan later carried out a major renovation of the property. About 3,000 square feet area was added to the existing home. The estate finally boasted of about 8,352 square feet area with seven bedrooms and six bathrooms. Ryan put the property on the market for $22.5 million in February 2025. The asking price was reduced several times before a buyer was found. The sale closed in June 2025 for $16.8 million. The property has since returned to the market. The latest asking price is $19.9 million. How much did Meg Ryan pay for the Montecito property? Ryan bought the estate in August 2021 for $9.5 million. The property covered about two acres in the Santa Barbara-area community of Montecito. At the time of the purchase, the estate had about 6,500 square feet of living space. It included five bedrooms, five bathrooms and a guesthouse. Ryan bought the property from Alicia McFarlane, the granddaughter of actor John Wayne. The actress then began work on the house. What changes did Meg Ryan make to the estate? Ryan added about 3,000 square feet of living space during her ownership. She added three fireplaces. One is in the living room, another is in the primary bedroom and a third is on the patio. Live Events You Might Also Like: The property also got an elevator and a new front veranda with oceanic view. Ryan also customized a detached creative cabin. After the changes, the home had seven bedrooms and six bathrooms. The estate also included the main residence, a guesthouse and the creative cabin. What is inside the former Montecito home? The current listing describes the property as a renovated estate on Picacho Lane. The entrance has a porch that connects to the main living areas. The living room has couches, an overhead light fixture and a fireplace. A formal dining room sits next to the living area. It includes a marble table and a black glass divider. The kitchen has modern appliances, a marble backsplash and built-in black cabinets. A large island uses the same marble as the backsplash and has seating for three people. You Might Also Like: Another table in the kitchen can seat more than five people. The primary bedroom has wallpaper, a balcony and a fireplace. It also has two vanities. What does the outdoor area include? In the outdoor, there is a patio with a swinging bench. It offers view of the sea and mountains. The property also has a water fountain and a guesthouse. The listing highlights the elevator and the layout of the main residence, guesthouse and creative cabin. It presents the property as a home that can be used for entertaining or as a private retreat. The location also places the future owner near other well-known residents. Prince Harry and Meghan Markle, and Gwyneth Paltrow are among the celebrities who have homes in the area. Why did Meg Ryan sell the property? Ryan listed the Montecito estate for $22.5 million in February 2025. She had bought the property for $9.5 million in 2021 and invested in its renovation and expansion. The property did not sell at the original asking price. Ryan finally agreed to sell the property for $16.8 million in June 2025. The difference between the purchase price and sale price was $7.3 million. Why is the house back on the market? The buyer who purchased the estate from Ryan brought it back to the market only two months after the June 2025 sale. The new owner initially asked for $21.9 million. That price was more than $5 million above the $16.8 million price paid to Ryan. The property remained on the market and could not find a buyer. It was removed from the market in January 2026. It has now returned with a $19.9 million asking price. The property is being marketed with its expanded floor plan, ocean and mountain views, guesthouse, creative cabin and other features. Add as a Reliable and Trusted News Source Add Now!
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