Lopez & Affleck Slash Price, Relist Beverly Hills Mansion

20 September 2025

Ben Affleck and Jennifer Lopez in May 2023. Xavier Collin/Image Press Agency / BACKGRID

Jennifer Lopez and Ben Affleck have put their sprawling Beverly Hills estate back on the market, relisting it for $52 million, after it was removed from listings two months ago amid a sluggish buyer interest. Two years ago in May 2023 they paid roughly $60.85 million for the 38,000-square-foot manor.

The home is nothing short of opulent. It includes 12 bedrooms, 24 bathrooms, a sports lounge, full gym, indoor basketball and pickleball courts, a boxing ring, a 12-car garage, and a guest penthouse measuring about 5,000 square feet. Also on the grounds are a caretaker’s house and a separate guardhouse. Its features and acreage reflect a luxury that few properties ever match.

Pricing has seen a steep slide. When the property first hit the market in July 2024, it had an asking price of $68 million. In May 2025 it was reduced to nearly $60 million before being temporarily delisted. Now with this new listing, Lopez and Affleck are hoping a significant discount will attract offers.

This real estate move comes amid their personal transitions. By mid-2024 the two had begun living separately. Affleck moved out around June while Lopez was away in Europe. Lopez filed for divorce in August 2024. Since then each has made new real estate purchases Lopez acquired a new residence in Hidden Hills for about $18 million in March 2025, and Affleck bought a Brentwood home for approximately $20 million in July 2024.

While the original purchase in 2023 was made during their marriage, and the house has served as their marital home, the relisting is clearly part of their effort to move on. An insider told People that although they’ve been eager to sell, both have been reluctant to take a significant loss. That tension likely influenced the timing of the relaunch and the price changes.

The property sits on a 5.2-acre promontory in the high-end enclave known as Beverly Crest. Beyond its size, it’s recent renovations have added polish. The house is being marketed by Santiago Arana of The Agency. Among its outdoor features there’s a zero-edge pool, hot tub, sun shelf, theater room, large garages, and a guest-worthy layout not just for living, but entertaining at grand scale.

Even so, very few buyers have shown deep interest. The real estate market for celebrity megamansions is narrow and particular, especially at this price threshold. The reduction in asking price is clearly a strategy to bring the listing into a more competitive zone. Some analysts believe a buyer sensitive to both luxury and value might now consider it attractive.

It’s worth noting the carrying costs of a property of this magnitude. Maintenance, property taxes, insurance, and staffing for security, caretaking, and upkeep add up fast. For owners in high-cost areas like Beverly Hills, reducing the asking price isn’t just about willingness to sell but reflecting cost realities.

Lopez is reportedly still using the mansion at times, especially during renovations of her Hidden Hills home. Affleck has been residing elsewhere. Their mutual decisions around this estate have involved both business and emotional considerations. According to sources, neither wants to just cut their losses without thought.

In relisting the mansion now, their plan seems to be clear: appeal more to serious luxury buyers by making the deal hard to resist. Though the estate is still among the pricier celebrity homes, the drop from $68 million to $52 million might be enough to open conversations with new prospects. What happens next will show how much value buyers ascribe to celebrity, space, amenities, privacy, and location in today’s luxury property climate.