Jennifer Lopez and Ben Affleck made a surprising real estate decision

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Jennifer Lopez and Ben Affleck have taken their $68 million Beverly Hills mansion off the market following their finalized divorce earlier this year. Despite going their separate ways, the former couple made a joint financial decision to pull the property after it failed to attract a buyer, even after an $8.5 million price cut. Sources close to the stars told PEOPLE that they were advised to withdraw the listing due to a slow luxury market and the risk of a significant financial loss. The decision was described as purely business-oriented and made cooperatively.

The estate, purchased for $60.8 million in May 2023, spans 38,000 square feet and includes 12 bedrooms, 24 bathrooms, a 12-car garage, a guest penthouse, a guardhouse, and numerous luxury amenities like a full gym and sports lounge. It was initially listed in July 2024, just before Lopez filed for divorce in August, but failed to sell in a market that’s been especially tough for ultra-high-end listings.

Since their divorce, both Lopez and Affleck have moved into separate homes. Jennifer Lopez acquired an $18 million property in Los Angeles, while Ben Affleck resides in a $20.5 million mansion in the Pacific Palisades, chosen to stay near his three children from his previous marriage to Jennifer Garner. Although their romantic relationship has ended, their continued collaboration on major financial matters suggests an effort to maintain civility and shared priorities, especially when managing their former life together.