Jennifer Lopez and Ben Affleck’s attempt to sell their opulent Beverly Hills mansion has encountered another roadblock. The couple, who are currently in the final stages of their divorce, had seemingly found a buyer for their $68 million property. However, the deal fell apart at the last minute.
According to Realtor.com, a couple from New Jersey had offered $64 million for the sprawling 38,000-square-foot estate. Lopez and Affleck had purchased the mansion in May 2023 for $60.8 million, and the initial offer was accepted, signaling a smooth transaction. But the potential buyers ultimately pulled out of escrow, leaving the mansion’s fate uncertain.
This setback carries a significant financial implication. The mansion, which boasts 12 bedrooms, 24 bathrooms, and a guest penthouse, comes with a hefty monthly maintenance cost of $283,666. The decision to list the mansion in July of this year was widely seen as confirmation of their divorce, which Lopez officially filed for in August.
The Beverly Hills estate offers a luxurious lifestyle, featuring a caregiver house, a two-bedroom guardhouse, and a 12-car garage. It also includes an impressive indoor sports complex with basketball and pickleball courts, a fully equipped gym, a boxing ring, and a sports lounge with a bar.
Despite the setback, Lopez and Affleck appear to be moving on with their lives. Affleck has reportedly purchased a $20.5 million home in Pacific Palisades, while Lopez is rumored to be negotiating for another property in Los Angeles.
While the New Jersey couple who initially made the offer are said to still be interested, the future of the Beverly Hills mansion remains uncertain. The listing agent, Santiago Arana of The Agency, defended the $68 million asking price, describing the home as “spectacular” and “priced really well.” He expects the 5-acre property to sell near its current asking price before the end of the year, noting that it has attracted many serious buyers since it was listed.
Even if Lopez and Affleck secure an offer close to their asking price, they may still incur a loss. According to Realtor.com, the couple invested in extensive renovations after purchasing the property. Upon sale, they will be responsible for agent fees and a 5.25% mansion tax.
