Jennifer Lopez and Ben Affleck Slash Price on Beverly Hills Mansion in Divorce Sale

Ben Affleck and Jennifer Lopez have relisted their lavish Beverly Hills mansion. The former couple is now asking $52 million for the property. This marks a significant price reduction from their initial listing.

They first put the home on the market for $68 million in July. The lack of buyer interest forced them to withdraw the listing. This new strategy involves a dramatic $16 million price cut.

Details of the High-Profile Property and Price History

Affleck and Lopez purchased the estate in May 2023. They paid $60.8 million in cash for the home. The purchase happened just one year after their high-profile wedding.

According to TMZ, the property was officially relisted on Friday. The new asking price is set at $52 million. This is a massive drop from their original $68 million goal.

The 38,000-square-foot compound boasts extensive amenities. It includes a sports bar, a full gym, and a boxing ring. The grounds also feature basketball and pickleball courts.

The couple initially tried to sell the home privately. When that failed, they listed it publicly in May. They first reduced the price by $8 million before pulling it entirely.

Separate Lives and Real Estate Moves Post-Split

The mansion was largely deserted after their split in May 2024. Lopez filed for divorce from Affleck in August 2024. The filing came on their second wedding anniversary.

Jennifer Lopez now resides elsewhere. She purchased a smaller home in Hidden Hills in February. Reports indicate she is currently renovating that property.

Ben Affleck moved out of the Beverly Hills home in July. He then purchased a $20.5 million mansion in Brentwood. The move occurred just one month before Lopez filed for divorce.

Both stars have children from previous relationships. Affleck shares three children with ex-wife Jennifer Garner. Lopez has twins with her former husband, Marc Anthony.

The relisting of the Beverly Hills mansion underscores the finality of the couple’s separation. This significant price drop highlights the challenges of selling ultra-luxury real estate, even for Hollywood’s biggest names.

Info at your fingertips

How much did Ben Affleck and Jennifer Lopez pay for the mansion?

They purchased the Beverly Hills estate in May 2023. The couple paid $60.8 million entirely in cash for the property.

Why did they drop the price by $16 million?

The home failed to attract any buyers at the original $68 million price. According to TMZ, the significant price cut is a strategy to generate new interest in the luxury property.

Where is Jennifer Lopez living now?

Lopez bought a new home in Hidden Hills, California, in February. She is reportedly living in the Beverly Hills mansion while renovating her new property.

Where did Ben Affleck move after the split?

Affleck moved out of the shared mansion in July 2024. He purchased a new $20.5 million home in the Brentwood area of Los Angeles.

When did Jennifer Lopez file for divorce?

Lopez officially filed for divorce from Ben Affleck in August 2024. The filing occurred on the second anniversary of their wedding.

Trusted Sources: Reuters, TMZ