Jennifer Lopez and Ben Affleck Can't Seem to Sell Their $68 Million Mansion
Time for a new realtor?
Jennifer Lopez's love might not "cost a thing," but her mega-mansion certainly does. The 38,000-square-foot Los Angeles home she once shared with Ben Affleck has been on the market for 100 days, as of Oct. 21, and it doesn't seem to be flying off the busy real estate market anytime soon.
Lopez and Affleck—who filed for divorce in August after two years of marriage—purchased the home, known as Crestview Manor, for the casual price of $60.8 million in May 2023. It features 12 bedrooms, 24 bathrooms, mountain views, a 12-car garage, pool, pickleball court and pretty much any other amenity you could dream up. The couple listed their property on Zillow for the jaw-dropping sum of $68 million in July, but as one can imagine, there aren't that many people out there clamoring to drop nearly $70 million on a house.
In September, TMZ reported that the couple almost had a sale, but the potential buyers backed out of the deal after making a $64 million offer on the property that was accepted by the "Let's Get Loud" singer and her ex. And now the home is still sitting on the market. Meanwhile, Affleck reportedly purchased a $20.5 million L.A. home over the summer while J.Lo is said to be considering buying the historic home of late BCBG founder Max Azria.
Even though Crestview Manor has been sitting for more than three months on the market, Selling Sunset star Jason Oppenheim told Realtor.com that in his professional opinion, the former couple shouldn't worry.
"It would have been surprising for the house to sell in less than 100 days," The Oppenheim Group co-founder said, adding, that in his experience, "most homes of this magnitude are on the market for six months, and in many cases significantly longer."
That being said, the luxury real estate expert pointed out that he doesn't think that the former power couple will get what they're asking. "It’s likely they will sell the house in the $58 million to $60 million range, thus they could lose several million dollars on the sale,” Oppenheim said.
Another issue is the home's location, which is subject to a special "mansion tax." The reality star noted that since Crestview Manor "is located in the Beverly Hills Post Office area, which is technically in the city of Los Angeles (not the independent city of Beverly Hills)" Lopez and Affleck "will have to pay a mansion tax of more than $3 million."
Stay In The Know
Get exclusive access to fashion and beauty trends, hot-off-the-press celebrity news, and more.
This means the exes "could lose more than an additional $5 million after commissions, taxes, etc.," Oppenheim told Realtor.com. Luckily, J.Lo is reportedly manifesting an Oscar and planning a major 2025 comeback including a tour and new album, so it seems like she'll be just fine.
Kristin Contino is Marie Claire's Senior Royal and Celebrity editor. She's been covering royalty since 2018—including major moments such as the Platinum Jubilee, Queen Elizabeth II’s death and King Charles III's coronation—and places a particular focus on the British Royal Family's style and what it means.
Prior to working at Marie Claire, she wrote about celebrity and royal fashion at Page Six Style and covered royalty from around the world as chief reporter at Royal Central. Kristin has provided expert commentary for outlets including the BBC, Sky News, US Weekly, the Today Show and many others.
Kristin is also the published author of two novels, “The Legacy of Us” and “A House Full of Windsor.” She's passionate about travel, history, horses, and learning everything she can about her favorite city in the world, London.
-
Selena Gomez Frosts Herself in a Second Engagement Manicure
The billionaire just debuted a sugary sweet new shade.
By Hanna Lustig Published
-
Princess Anne Once Shocked a Christmas Day Crowd With Her Brusque Comment to a Fan
Legendary photographer Arthur Edwards shared the hilarious holiday memory.
By Kristin Contino Published
-
J.Lo Gets Relatable for Some Last-Minute Christmas Shopping
But she still has her rare Hermès bag close by.
By Halie LeSavage Published
-
Jennifer Lopez and Ben Affleck "Speak, But It Is Limited" After Divorce Filing, Says Source
They have other priorities.
By Iris Goldsztajn Published
-
Jennifer Lopez Shares What She's Learned After Becoming "a Single Mom"
"Am I enough for them?"
By Amy Mackelden Published
-
Jennifer Garner Shares Her Mom Told Her Don't "Marry a Man Thinking You Can Change Him" Ahead of Spending Thanksgiving With Ben Affleck
"I'm gonna really work on that one."
By Kristin Contino Published
-
Jennifer Lopez Says Canceling Her Tour "Was the Best Thing I've Ever Done"
"It's not like me to do that."
By Kristin Contino Published
-
Jennifer Garner Is Reportedly Ready to Cut Ties With Jennifer Lopez, Unless Their Kids Are Involved
"Her friends feel she shouldn't have allowed herself to get so involved."
By Amy Mackelden Published
-
Ben Affleck Shares Why Jennifer Lopez Movie 'Gigli' "Doesn't Sit Right" With Him
"It was the most famous bomb in history, perhaps."
By Amy Mackelden Published
-
Jennifer Lopez Secretly Brought Her Kid Emme to the 'Wicked' Premiere
So cute!
By Iris Goldsztajn Published
-
Are Ben Affleck and Jennifer Lopez Ready to Date New People After Their Divorce?
Never say never!
By Iris Goldsztajn Published