50,000-acre Balmoral Estate in Northeast Scotland
Owned Since: 1451
Valued At: $140 million* (Balmoral Castle)
Balmoral Estate is rumored to be the Queen’s favorite residence. The entire estate in Aberdeenshire covers 50,000 acres. The Royal Family keeps expanding it, and the Estate is definitely functioning. Balmoral has farmland, grouse moors, deer, and cattle herds are managed. “Bouchmorale” appeared in the British Crown’s records in 1451. “Bouchmorale” became “Balmoral” in 1856. Later, Prince Albert, the king’s consort, redesigned the Balmoral property. One of the most impressive buildings in Scotland is Balmoral Castle. Prince Albert, the queen’s consort, purchased the lot. The queen does not own the land; she holds it privately.
20,000-acre Sandringham Estate in Norfolk
Owned Since: 1862
Valued At: $65 million* (House)
The Sandringham Estate is Queen Elizabeth II’s country home. It has been around since the Elizabethan Era when the property was built. Sandringham changed ownership several times. The Estate was not in Royal hands until 1862. The King at the time was devoted to Sandringham, once writing in a letter to his mother that he was “so happy” there and “love[d] the place.” It took three decades to build the manor for the Prince of Wales fully. It is also the site of King George V’s death.