$283K A Month To Maintain: J.Lo And Ben Affleck's Mansion Sale Hits Another Snag As Buyer Backs Out

Jennifer Lopez and Ben Affleck’s attempt to sell their Beverly Hills mansion has hit another roadblock.

The couple, currently in the final stages of their divorce, had seemingly found a buyer for their $68 million property, only to have the deal fall through at the eleventh hour.

According to Realtor.com, a couple from New Jersey had offered $64 million for the 38,000-square-foot estate, which Lopez and Affleck purchased in May 2023 for $60.8 million. The offer was accepted and the sale was moving forward. However, the potential buyers pulled out of escrow.

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The setback is expensive, as the mansion has a monthly maintenance cost of $283,666, according to previous estimates from Realtors. The decision to put the mansion on the market in July of this year was widely seen as confirmation of their divorce, which Lopez officially filed for in August.

The Beverly Hills home has 12 bedrooms and 24 bathrooms and features a guest penthouse, caregiver house, two-bedroom guardhouse and a 12-car garage. The estate also includes an indoor sports complex with basketball and pickleball courts, a fully equipped gym, a boxing ring and a sports lounge with a bar.

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The mansion's monthly maintenance cost of nearly $284,000 includes mortgage payments, property taxes, security, utilities and other expenses associated with maintaining the estate.

The financial implications of the sale are complicated. Even if Lopez and Affleck secure an offer close to their asking price, they may still incur a loss. 

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According to Realtor.com, the couple invested in extensive renovations after purchasing the property and upon sale, they will be responsible for agent fees and a 5.25% mansion tax.

As divorce proceedings continue, Lopez and Affleck appear to be moving on. Affleck has reportedly purchased a $20.5 million home in Pacific Palisades, while Lopez is rumored to be in negotiations for another property in Los Angeles.

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The home's listing points to its “cutting-edge technology” and “timeless elegance.” While the New Jersey couple who initially made the offer are said to still be interested, the property’s future remains uncertain.

The listing agent, Santiago Arana of The Agency, defended the $68 million asking price to FOX News, describing the home as “spectacular” and “priced really well.” 

According to FOX News, the real estate agent expects the 5-acre property to sell near its current asking price before the end of the year, noting that it has attracted many serious buyers since it was listed.

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