Meghan Markle & Prince Harry House Hunting in Malibu

Meghan Markle and Prince Harry are house hunting again … and this time they’re eyeing a pricey slice of paradise in Malibu, where a brand new mansion is going up.

Sources with direct knowledge tell TMZ … the Duke and Duchess of Sussex spent part of their holiday weekend touring an $8 million plot of land in the ‘Bu.

Our sources say Meghan and Harry checked out an estate, that’s almost 6 acres. There’s already a guard house at the front of the property, plus a huge pool … and the foundation is laid for a 10,000-square-foot main residence.

The property sits above PCH and overlooks Broad Beach, and it’s super secluded and private — there’s a gate and a long driveway up to where the main house would sit — and we’re told that’s part of the draw for Meghan and Harry.

Our sources say the asking price is $8 million … plans for the main house have already been approved and a construction crew is in place. If Harry and Meghan buy the lot, they can assume the costs of construction, estimated at another $10 million.

Meghan and Harry currently live in a $14 million mansion in Montecito, which is pretty far from the glitz and glamour of Hollywood … and the Malibu property is about 13 miles from celeb hot spot Nobu, and less than an hour drive from L.A. and Beverly Hills.

Our sources say M&H are talking about selling their Montecito home and moving to Malibu full-time. It’s close enough to Hollywood for them to do business, but far enough from Hollywood to give them security and privacy.