Nowadays can be a tough market for sellers — even for the rich and famous.
Exes Jennifer Lopez and Ben Affleck took their $60 million love nest off the market on Wednesday, less than a year after listing the mansion for $68 million, Realtor.com reported. The Beverly Hills estate offers impressive mountain views and freshly renovated amenities, but not even an $8.1 million price cut in May could attract a new owner.
Lopez and Affleck bought the home in May of 2023, less than a year after tying the knot. The “Jenny From the Block” singer and the “Fargo” star paid $60.85 million for the 5-acre property, which resides in the gated Beverly Hills community of Wallingford Estates.
The pair reportedly spared no expense renovating the opulent home to their tastes.
The 38,000-square-foot interior includes 12 bedrooms and 24 bathrooms. Amenities featured in the listing included a bar, courts for basketball and pickleball, a gym, a boxing ring, a sports lounge and a 12-car garage.
The property also features a pool, a 5,000-square-foot guest penthouse, a caretaker house, a two-bedroom guardhouse and parking for 80 vehicles.
While it’s true that “Love Don’t Cost a Thing,” living in this kind of home certainly does.
Monthly maintenance fees, Realtor.com estimated, could be as high as $284,000, including the former couple’s mortgage payments. And that’s not to mention the Los Angeles mansion tax, which could cost them more than $3 million on the sale, the outlet reported.
Lopez, 55, and Affleck, 52, reportedly tried to sell the property off-market in early June of 2024, two months before Lopez