JLO & Ben Affleck Selling Beverly Hills Mansion Only 1 Year After Purchase

Jennifer Lopez and Ben Affleck are reportedly moving towards divorce, evidenced by their discreet efforts to sell their home.

Realtor and Property Details

The couple has enlisted realtor Santiago Arana from The Agency to handle the sale of their Beverly Hills mansion. They purchased the property a little over a year ago for just over $60 million, following a two-year search that included viewing more than 80 properties. The house is buzzing with activity as their belongings are being moved in, including furniture, paintings, rugs, and numerous moving boxes.

Luxurious Features

The mansion is equipped with numerous luxurious amenities, such as a cinema, wine room, whiskey lounge, and a spa featuring a hair and nail salon, sauna, and massage room. Additionally, the property boasts a separate 5,000-square-foot sports facility with an indoor pickleball court, boxing ring, and sports lounge. There is also a 2-bedroom guard house. The estate includes 12 bedrooms, 24 bathrooms, and 15 fireplaces.

Financial Aspects of the Property

Ben and Jen purchased the mansion for $60,850,000 in cash, completing the transaction in just one week. The property was initially listed in 2018 for $135 million and re-listed this year for $75 million, meaning they secured it at a significant discount. The estate, situated on a 5-acre promontory, is considered the crown jewel of Wallingford and features unmatched security with double-gated access.

Marriage Troubles and Living Arrangements

Reports indicate that their marriage is in serious trouble, with Ben Affleck having already moved out and into a rental property in Brentwood. Jennifer Lopez is actively searching for a new home.

Sales Efforts and Financial Implications

Arana has been showing the mansion for about two weeks, reflecting the ongoing issues between the couple. They are asking for approximately $65 million. Factoring in the broker's commission, new taxes on high-value properties, and the significant amount spent on improvements, they are likely to incur a multimillion-dollar loss.

Representation and Sales History

Jennifer Lopez and Ben Affleck were represented by celebrity realtor Brett Lawyer in the purchase, while the seller was represented by Ginger Glass. Despite several false starts with other properties, they finally settled on this estate, though the sale now appears inevitable amidst their personal troubles.