Ben Affleck and ex Jennifer Lopez's plan to sell $68M Beverly Hills home hits a snag despite eager buyers
BEVERLY HILLS, CALIFORNIA: Ben Affleck and his estranged wife Jennifer Lopez are facing a major hurdle in their attempt to sell their Beverly Hills home for $68 million.
Recently, sources have indicated that the mansion represented a "major compromise" for Lopez, who never fully warmed to the ultra-modern design, which was originally Affleck's idea.
This setback follows Lopez's official divorce filing on August 20, marking their separation date as April 26 and complicating their already tricky divorce negotiations due to the absence of a prenuptial agreement.
The couple first crossed paths on the set of the 2003 film 'Gigli' and famously split just three days before their wedding in 2004, only to rekindle their romance in 2021.
What is the snag in Ben Affleck and Jennifer Lopez's plan to sell their marital home?
Ben Affleck and Jennifer Lopez purchased the property in May 2023 for $60.8 million and had previously accepted a $64 million offer from a couple from New Jersey.
However, the sale is now jeopardized after the potential buyers "pulled out of escrow" due to a family tragedy. When a property falls out of escrow, it indicates that an issue has arisen with the sale, resulting in the property no longer being under contract and available for relisting.
The buyers had reportedly fallen "in love" with the sprawling 38,000-square-foot mansion, which the former couple listed on Zillow for an impressive $68 million in July. Despite backing out of escrow, sources say that the New Jersey couple remains interested in the property.
Affleck, 52, and Lopez, 55, bought the estate in cash and invested several million in renovations. They also faced a 5.25 percent mansion tax and substantial realtor fees, as per Daily Mail.
The proposed sale is crucial for dividing their $550 million in assets, particularly since they married in 2022 without a prenuptial agreement. Lopez's assets comprise $400 million of their combined wealth, while Affleck's net worth is estimated at around $150 million.
The property, known as Crestview Manor, boasts a main house with 12 bedrooms and 24 bathrooms, along with a 5,000-square-foot guest penthouse, a two-bedroom guardhouse, a caretaker's house, and a 12-car garage. Amenities include a bar, home gym, sports lounge, boxing ring, basketball and pickleball courts, and parking for up to 80 vehicles.
Hurdle in Ben Affleck and Jennifer Lopez’s plan to sell their home leads to fan reactions online
After discovering the setback in Ben Affleck and Jennifer Lopez's plan to sell their marital home amid their complicated divorce, many users have shared their thoughts on the buyers' decision and the property itself in Daily Mail's comment section.
One user suspected the reason for the buyers' back off, saying, "They want it for cheaper since they think JLO is in financial trouble lol."
The second user wrote, "That’s Not a Home. And he knows it. Parking for eighty vehicles? Yeah that screams Cozy Home Sweet Home, doesn’t it. She’s so pathetic."
The third questioned, "In escrow? Didn’t the NJ couple lose their down payment when they changed their mind?"
One person shared, "The house looks like a humongous monstrosity to me. And I wouldn't be too concerned for them. They each have millions, and another buyer will soon come along."
Several other users have extended their thoughts on the mansion, "That is some house! As beautiful as it is. I can't imagine living in such an enormous home. I wouldn't even be able to afford the annual upkeep!"
"I don’t understand this mansion at all. It just looks like two, enormous, amorphous boxes. How could you ever have a family there?" shared another.
One more person added, "The member of the buyer's family who died must have had a financial investment in the home and now there is not enough money for an all cash sale. Why else would the buyers pull out of escrow? Bad Karma seems to be coming at Ben and Jen from all sides."
The last user commented, "This would be perfect for an Amazon warehouse. After the divorce saga, we are going to have the saga of the sale of this horror which risks lasting for years. This will be a new bone to gnaw on for the media."
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