Despite a significant price reduction, the luxurious estate continues to struggle in the cooling luxury real estate market due to high maintenance costs and tough competition.
Beverly HillsJennifer LopezBen AffleckReal EstateLuxury MarketReal EstateMay 22, 2025
The current asking price for the mansion is $59.95 million, after a $8 million price cut from its original listing price of $68 million.
The property includes 12 bedrooms, 24 bathrooms, a state-of-the-art gym, boxing ring, sports lounge, bar, basketball and pickleball courts, a 12-car garage, a 5,000-square-foot guest penthouse, a caretaker’s house, and a two-bedroom guardhouse.
The mansion is having trouble selling due to a high asking price in a cooling luxury market, skyrocketing maintenance costs, and tough competition from other ultra-luxury properties in the area.
Post-divorce, Ben Affleck bought a $20.5 million property in Los Angeles, while Jennifer Lopez reportedly purchased an $18 million residence in Hidden Hills.
Despite the potential $855,000 loss on the sale of the Beverly Hills estate, it’s a modest financial hit for the couple, given their combined net worths of over half a billion dollars.
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