The house and home farm were bought by
Queen Elizabeth II in 1976 for Princess Anne and Captain
Mark Phillips; the price was not disclosed but is believed to have been between £500,000 and £750,000 (). The Crown paid for the renovation and redecoration of the house for Princess Anne and Captain Phillips, who moved into it in November 1977. The property then covered approximately , of which the bulk of its of woodland was part of the park land, including a lake containing
brown trout. The property had extensive stabling for horses, including a new stable block, and an airstrip.
Aston Farm In 1978 the estate was enlarged by the purchase of Aston Farm to the east. After the divorce, for some years Mark Phillips lived at Aston Farm with his second wife, but he later moved to the United States. Zara and her husband,
Mike Tindall, at first lived in
Cheltenham after they were married in 2011, but in January 2013 they sold their house and moved to Aston Farm.
Events The grounds of Gatcombe Park are known in the
eventing world for hosting the Festival of British Eventing every year, over the first weekend in August. Organised by Mark Phillips, with considerable input from Princess Anne, the event attracts the world's top equestrian
Olympians and over 40,000 paying spectators, as well as
BBC Television coverage. Two smaller horse trials, in the spring and autumn, also take place on the estate, with courses designed by Princess Anne, and there is a biannual craft fair, with around 160 exhibitors, in May and October. ==References==