They slashed the price. Still no takers. Now, J.Lo and Affleck are pulling their Beverly Hills estate — and the plug on their property woes, for now.
Jennifer Lopez and Ben Affleck have officially taken their $68 million Los Angeles estate off the market after failing to find a buyer in a high-end housing market that’s been nothing short of brutal lately.
The couple, who finalized their divorce earlier this year, had hoped to unload the 12-bedroom Beverly Hills mansion following their separation. But after a lack of interest — even with a hefty price cut — they’ve decided to hit pause.
A Price Cut That Didn’t Cut It
It started quietly. Back in June 2024, they tried to sell it off-market. Nothing happened. By July, the listing was public. Interest was minimal.
They’d bought the sprawling estate for $60 million, poured money into upgrades, then listed it for $68 million. But by mid-2025, the asking price had dipped to $59.95 million — and still, no serious bites.
The message was clear: buyers weren’t budging.
“They lowered the price to get more interest and when this didn’t happen, they were advised to take it off the market,” a source familiar with the couple’s financial dealings told People. “It was a business decision that they made together.”
Divorce Finalized, Business Untangled
J.Lo, 55, and Affleck, 52, finalized their divorce in January 2025 after quietly separating in April 2024.
Lopez filed in August 2024, ending a two-year marriage that had its roots in one of Hollywood’s most storied on-again, off-again romances. They’d rekindled their early 2000s flame in 2021 and tied the knot in a Las Vegas ceremony the following year.
They may be split emotionally, but financially, it seems they’re still linked — or at least making property decisions together.
The Market Isn’t Playing Nice
Selling luxury real estate in Los Angeles hasn’t exactly been a seller’s dream lately. Especially not at this price point.
One agent who deals with celebrity properties in the area told Bloomberg anonymously, “Anything over $50 million? It’s sitting. Even the ultra-wealthy are more cautious these days.”
• Rising mortgage rates may not directly affect cash buyers in this range, but economic uncertainty does
• Foreign interest — especially from Chinese and Russian buyers — has dropped due to international tensions
• Inventory of mega-mansions is up, but buyer urgency is low
The source close to Lopez and Affleck said the couple was “hesitant to take a big loss,” which would’ve been likely if they kept lowering the price.
“Taking it off the market until it’s more of a seller-friendly climate seems like the smartest decision,” the source added.
Who Moved Where?
Since the split, both stars have set up shop elsewhere — and not too far apart.
Affleck snagged a $20.5 million mansion in Pacific Palisades in July 2024, conveniently close to the three kids he shares with ex-wife Jennifer Garner: Violet (19), Seraphina (16), and Samuel (12).
Lopez, meanwhile, bought herself an $18 million home in another part of L.A. back in March. The property is smaller, more private, and — unlike the Beverly Hills estate — not up for public show.
At least not yet.
They’ve clearly moved on, physically and legally. But their shared mansion? Still a thorn in the side.
Here’s What the Numbers Say
The home they tried to sell was massive — and priced accordingly. Here’s a quick snapshot:
| Feature | Details |
|---|---|
| Bedrooms | 12 |
| Bathrooms | 24 |
| Original Listing Price | $68 million |
| Final Public Asking Price | $59.95 million |
| Purchased By Couple | May 2023 — for around $60 million |
| Time on Market | 13 months (June 2024–July 2025) |
The mansion includes a full-service beauty salon, indoor sports complex, wine room, and even a 5,000 sq ft guest house. But apparently, luxury bells and whistles don’t guarantee a buyer anymore.
Still Rich, Still Stuck
Here’s the odd part. Neither Lopez nor Affleck needs to sell. They’re doing fine.
Both stars have multiple income streams. J.Lo’s production company Nuyorican Productions is still in motion. Affleck has directing gigs and producing credits lined up, not to mention ongoing royalties.
But holding onto a $68 million home that neither of them wants to live in isn’t exactly ideal.
One L.A. broker said, “Even rich people don’t like letting money just sit there. If it’s not appreciating or producing something — it’s a liability.”
The holding costs alone — taxes, staff, maintenance — could easily hit $300,000 a month.
Still, the property isn’t in foreclosure. There’s no financial emergency. Just an inconvenient asset in a tough market.
