Jennifer Lopez and Ben Affleck are selling their Beverly Hills mansion after barely living there for two years. They bought the home for over $60 million and are now asking for $65 million. Realtor Santiago Arana from The Agency is handling the sale, but there have been no offers yet. This decision comes amid rumors of marital trouble, with Affleck reportedly moving into a rental in Brentwood and Lopez searching for a new house.
Celebrity realtor Josh Altman explained the trend of selling properties off-market, saying, “Selling your house is a very public thing on many different levels.” He noted that public listings could attract visitors with no intention of buying, just wanting a glimpse of the celebrity lifestyle. Altman also mentioned that high-profile individuals often prefer to keep their sales private to avoid invasive attention.
Lopez and Affleck’s 38,000-square-foot mansion, featuring 12 bedrooms, 24 bathrooms, and numerous luxury amenities, has faced criticism for its size and practicality. Despite the lavish features, online users and real estate experts have speculated on why it hasn’t sold. Some believe the asking price is too high, while others think the home’s scale is impractical even for large families.
Realtors have differing opinions on the mansion’s value. While some agents think $65 million is reasonable, considering the estate’s size and amenities, others are skeptical. One agent suggested the house might not sell for more than $40 million due to various fees and taxes, estimating a loss of at least $6.5 million for the couple. The outcome of the sale remains uncertain as the couple navigates their marital challenges.