The $68 million Beverly Hills estate owned by Jennifer Lopez and Ben Affleck remains unsold after over a month on the market. According to multiple Los Angeles real estate sources, there has been no progress in selling the property, indicating that even the recent news of the couple’s divorce has not generated sufficient interest to expedite the sale.
It has been reported that the 12-bedroom, 24-bathroom estate has attracted numerous showings since its public listing in July; however, no serious offers or agreements have been made to date.
The property, acquired for just over $60 million last year, has undergone substantial renovations. Despite these upgrades, it remains challenging to justify the increased listing price of $68 million, less than a year later. Additionally, the market for high-end properties, particularly those exceeding $60 million, is limited to a small pool of potential buyers. Another real estate agent has noted that significant transactions may be delayed due to the current market conditions and elevated interest rates.
Newsafro.com reported that Jennifer Lopez promptly filed for divorce at the Los Angeles County Superior Court, with sources indicating that no prenuptial agreement was in place.
Ben Affleck has since purchased a new mansion in Brentwood for $20.5 million, thereby definitively severing ties with the couple’s unsold property.