In 2021, Meg Ryan bought a Montecito estate for $9.5 million and expanded it with a major renovation; she sold it for $16.8 million in 2025, and its next owner resold the property for $18 million in October 2026
Photo credit: Meg Ryan/ Instagram (L); Google Map (R) Meg Ryan’s former Montecito estate has changed hands again, and the numbers tell a story of ambitious renovation, a softening luxury market and a quick resale. According to Elle Decor and Realtor.com, the actress bought the Picacho Lane property for $9.5 million in 2021, transformed it…