Ben Affleck and Jennifer Lopez officially list $68M Hillside Mansion for Sale as Marriage Struggles Persist
09 September 2024
Ben Affleck and Jennifer Lopez have officially listed their massive Beverly Hills mansion for sale amidst growing speculation about their troubled marriage. The property hit the market in July 2024, just one month before news broke of their looming divorce. According to reports, Lopez filed for divorce recently, marking the end of their marriage that began in 2022. The decision to sell the home may signal the couple’s intention to finalize their separation as they untangle their assets.
The 38,000-square-foot mansion, which the couple bought for $60.85 million in May 2023, is now listed at $68 million. This is nearly $8 million more than what they originally paid, but experts are skeptical about whether they will achieve that asking price. The home was first posted for sale off-market a month earlier, but it officially appeared on MLS listings in July. The estate, located in the Wallingford Estates neighborhood, features a sprawling layout with 12 bedrooms and 24 bathrooms.
Despite its luxurious size and opulence, the property has faced harsh criticism from real estate experts. Some have called it “garish” and “too big,” with amenities that seem unnecessary for most buyers. The mansion boasts an extensive range of over-the-top features, including a fully equipped gym, a boxing ring, a sports lounge, and courts for basketball and pickleball. Additionally, the property sits on five acres of land and includes a separate 5,000-square-foot guest penthouse, a caretaker’s house, a two-bedroom guardhouse, and parking for up to 80 vehicles. These features, while impressive, have been described by real estate insiders as excessive, making the property hard to sell at its current price.
The mansion’s location has also been criticized. Wallingford Estates is a gated community but lacks a manned security guard post, which some buyers in this price range prefer. Many homes in the neighborhood date back to the 1970s and are valued between $5 million and $10 million, making the $68 million price tag seem disproportionate. Experts have suggested that the mismatched architectural styles and the niche, “customized” features of the house may also turn off potential buyers. While it was renovated within the past year, critics say the design is outdated and may require additional work, which could lead to a significant price reduction.
One source close to the couple hinted that Affleck and Lopez might be facing financial losses on the property. After accounting for renovations, holding costs, commissions, and the new Los Angeles mansion tax, it’s unlikely they will break even if the house sells at the asking price. Some experts believe the true market value of the home is closer to $50 million, meaning the couple may have to lower their expectations or wait a significant amount of time before finding a buyer.
Behind the scenes, there has been tension over the house itself. An insider reported that Affleck never liked the property, complaining that it was too far from his children, who live with his ex-wife, Jennifer Garner. Lopez, too, was reportedly not fully satisfied with the home, describing it as too large for her needs. Despite searching for two years for their dream home, both Affleck and Lopez reportedly regretted the purchase not long after moving in. Affleck eventually moved his belongings out of the mansion and into a rental property about 30 minutes away. Rumors of marital issues began to surface in May 2024, when Affleck left the Beverly Hills home, leaving Lopez to live there alone.
Adding fuel to the fire, Lopez recently took a solo vacation to Europe, where she was photographed enjoying herself with friends on a yacht. During this time, Affleck reportedly took the opportunity to quietly move out the rest of his belongings. The solo trip and Affleck’s move have only heightened speculation about the state of their marriage.
Though their split has yet to be officially confirmed, many are seeing the sale of the mansion and the separate living arrangements as clear signs that their relationship is on the rocks. Real estate experts have voiced doubts about how quickly the home will sell, especially without a price reduction. While Affleck and Lopez have kept quiet about the state of their marriage and the sale of the property, the Beverly Hills mansion has become a symbol of their marital woes and financial entanglements. For now, the couple appears to be focused on moving forward with their separate lives [oai_citation:1,Ben Affleck and Jennifer Lopez officially list $68M Beverly Hills mansion for sale amid marital woes.
