Why Did JLo and Ben Affleck Lower the Price of Their Beverly Hills Mansion?

Synopsis
Key Takeaways
- New asking price: $52 million
- Acquired for: $60,850,000 in May 2023
- Property size: 38,000 square feet
- Features: 12 bedrooms, 24 bathrooms, sports lounge, gym
- Background: Couple's separation influenced property decisions
Los Angeles, Sep 20 (NationPress) Singer-actress Jennifer Lopez and her former husband Ben Affleck have adjusted the listing price for their luxurious Beverly Hills mansion.
The duo has re-entered the market with their stunning estate, making a comeback just two months after pulling their public listing. The magnificent 38,000-square-foot property is now available for $52 million, as reported by People magazine.
Determined to secure a buyer, the couple initially acquired the abode in May 2023 for $60,850,000, according to initial reports from TMZ. The mansion boasts a sports lounge, a state-of-the-art gym, a boxing ring, along with basketball and pickleball courts. Additional highlights include a spacious 12-car garage, a lavish 5,000-square-foot guest penthouse, a caretaker's residence, and a guardhouse featuring two bedrooms.
The new asking price represents a significant reduction from the previous listing of $59,950,000 that JLo, 56, and Affleck, 53, had set in July. The property, which includes 12 bedrooms and 24 bathrooms, was initially brought to market in July 2024 for $68 million.
Reports from May 2024 indicated that the couple was living apart, with an insider revealing that Affleck relocated his belongings from the mansion that June while JLo was traveling in Europe. They had originally attempted to sell the estate off-market, a common tactic among celebrities seeking privacy.
JLo filed for divorce from Affleck in August 2024, more than two years after their Las Vegas wedding in July 2022, followed by a ceremony with friends and family in Georgia in August 2022.
When the couple took the property off the market in July, sources indicated that they were collaboratively making decisions regarding the estate.