Jennifer Lopez and Ben Affleck are holding on to their $60 million home — for now
Exes Jennifer Lopez and Ben Affleck took their $60 million love nest off the market on Wednesday, less than a year after listing the mansion for $68 million, Realtor.com reported. The Beverly Hills estate offers impressive mountain views and freshly renovated amenities, but not even an $8.1 million price cut in May could attract a new owner.
7 Affleck and Lopez, pictured in January 2024, finalized their divorce earlier this year.
Golden Globes 2024 via Getty Images
7 An aerial view of the 5-acre property.
@CelebCandidly / MEGA
Lopez and Affleck bought the home in May of 2023, less than a year after tying the knot. The 'Jenny From the Block' singer and the 'Fargo' star paid $60.85 million for the 5-acre property, which resides in the gated Beverly Hills community of Wallingford Estates.
The pair reportedly spared no expense renovating the opulent home to their tastes.
The 38,000-square-foot interior includes 12 bedrooms and 24 bathrooms. Amenities featured in the listing included a bar, courts for basketball and pickleball, a gym, a boxing ring, a sports lounge and a 12-car garage.
The property also features a pool, a 5,000-square-foot guest penthouse, a caretaker house, a two-bedroom guardhouse and parking for 80 vehicles.
7 The two-story foyer.
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7 The modern kitchen.
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7 A living room opens up to the patio and the pool.
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While it's true that 'Love Don't Cost a Thing,' living in this kind of home certainly does.
Monthly maintenance fees, Realtor.com estimated, could be as high as $284,000, including the former couple's mortgage payments. And that's not to mention the Los Angeles mansion tax, which could cost them more than $3 million on the sale, the outlet reported.
Lopez, 55, and Affleck, 52, reportedly tried to sell the property off-market in early June of 2024, two months before Lopez filed for divorce.
The home was publicly listed a month later for $68 million.
7 A large ensuite bedroom features a sitting room.
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7 A bathroom boasts mountain views.
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The palatial home was ultimately slashed to $59.95 million in early May of this year — signaling that Lopez and Affleck were prepared to take a loss in order to offload the property. Trophy homes such as this one can take years to sell, given the small pool of buyers able to afford them.
It is not immediately clear whether the listing was removed this week due to flagging market momentum or in anticipation of an off-market sale, but a statement provided to People suggests the former.
A source told the outlet the couple has been 'hesitant to take a big loss' and that they were advised to take it offof the market after lowering the price failed to drum up interest.
'It was a business decision that they made together,' the unnamed source told People.
The A-list couple has purchased new homes since their split. Affleck bought a $20.5 million home in the Pacific Palisades in July of 2024, and Lopez followed suit in February with the purchase of a $17.5 million retreat in Hidden Hills.
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