Jennifer Lopez is still living in the $68 million mansion in Beverly Hills, California, which she previously shared with Ben Affleck. This comes several months after their separation and recent divorce, and while the estate is still on the market.
The mansion, known as Crestview Manor, spreads over 38,000 square feet and has been on the market since July 2024. Despite attracting potential buyers, a sale has not been finalized. One potential deal with New Jersey-based buyers fell apart due to an unfortunate family death.
The former couple bought the property in May 2023 for $60.8 million. It features 12 bedrooms, 24 bathrooms, a 5,000-square-foot guest penthouse, a caretaker house, and a two-bedroom guardhouse. It accommodates up to 80 vehicles, including a garage for 12 cars.
The property houses an indoor sports complex, complete with basketball and pickleball courts, a gym, a boxing ring, and a sports lounge. The estate is secured behind double gates and is only accessible via private, gated streets.
While Lopez continues to reside in the Beverly Hills property, Affleck has relocated to a new $20.5 million home in Pacific Palisades, California.
The current real estate climate poses challenges for selling high-value properties like Crestview Manor. Experts predict the couple might face a loss of up to $25 million due to factors like the property’s location, its size, and current market conditions.
The monthly maintenance costs for Crestview Manor are significant, amounting to approximately $283,666. This includes mortgage payments, taxes, security, maintenance, and utilities. The yearly property tax alone stands at $476,000.
Lopez filed for divorce from Affleck in August 2024, listing April 26 as the date of their separation. This filing coincided with their second wedding anniversary. The divorce was finalized and announced on January 6.
Despite the property’s lavish amenities, it has encountered challenges on the market. Real estate analysts highlight that ultra-luxury homes often take longer to sell due to their high maintenance costs and limited buyer pool.
Additionally, a recently introduced “mansion tax” in Los Angeles has further complicated the sale, deterring potential buyers from investing in such high-priced properties. Given these market conditions, it’s not unusual for homes of this caliber to remain available for six months or longer before being sold.
When sold, Crestview Manor’s proceeds will be divided equally between Affleck and Lopez, according to the divorce settlement.
