Jennifer Lopez and Ben Affleck have stunned many by taking their USD 68 million Beverly Hills mansion off the market after finalizing their divorce earlier this 12 months. The previous couple, who tied the knot in 2022, determined to make this joint monetary transfer regardless of ending their marriage.
Choice to tug Beverly Hills mansion itemizing
The Beverly Hills property was first listed in July 2024, simply weeks earlier than Lopez filed for divorce from Affleck in August. In response to PEOPLE, the On the Flooring singer and the Argo actor have been desirous to promote the 12-bedroom, 24-bathroom property however couldn’t discover a purchaser.
“Whereas they’ve been hoping to promote the property, they’ve additionally been hesitant to take a giant loss,” an insider advised PEOPLE on Wednesday, July 2. The supply added, “They lowered the worth to get extra curiosity and when this didn’t occur, they have been suggested to take it off the market. It was a enterprise choice that they made collectively.”
Right here’s why they waited to promote
Jennifer Lopez and Ben Affleck’s actual property transfer comes amid a ‘tough sellers market.’ The couple dropped the asking value by USD 8.5 million, from USD 68 million to USD 59.5 million, earlier than formally pulling the property off the market.
“It’s a tough sellers market and particularly for that value level,” an actual property supply advised PEOPLE. “Taking it off the market till it’s extra of a seller-friendly local weather looks like the neatest choice.”
Lopez and Affleck bought the large 38,000-square-foot residence in Could 2023 for USD 60.8 million. The property encompasses a 12-car storage, a 5,000-square-foot visitor penthouse, a two-bedroom guardhouse, and a caretaker home. Different luxurious facilities embody a sports activities lounge, bar, and a full health club.
The place are Jennifer Lopez and Ben Affleck residing now?
Following their divorce, Jennifer Lopez and Ben Affleck have moved into new properties individually. Lopez purchased a USD 18 million residence in Los Angeles in March. Affleck bought a USD 20.5 million mansion within the Pacific Palisades final July to remain near his youngsters, Violet, 19, Seraphina, 16, and Samuel, 12, whom he shares with ex-wife Jennifer Garner.
Jennifer Lopez and Ben Affleck’s divorce was finalized in January 2025 after they quietly separated in April 2024. Practically one 12 months after submitting, the exes are nonetheless making massive monetary selections collectively.
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