Ben Affleck and Jennifer Lopez are finding it difficult to sell their sprawling Beverly Hills mansion, which has been on the market for almost a year.
The mansion, listed for a hefty $68 million, still sits without a buyer despite its lavish features.
The couple, who separated in January after a brief marriage, had purchased the estate just a few months earlier for $60.8 million in cash.
However, even after a year of trying, the house has not attracted enough interest, and now, there seems to be a difference in approach between the two stars.
Disagreements Over Price Drop and Market Concerns
According to sources close to the situation, Affleck wants to lower the asking price to attract buyers, while Lopez is not keen on doing so.
Some real estate experts have weighed in, suggesting that the price might need to be reduced by at least 15% to make it more appealing.
The property, which boasts 12 bedrooms and 24 bathrooms, is seen as overpriced by some agents.
Additionally, buyers in this price range are looking for deals, and rising insurance costs are also a concern, with estimates placing the annual insurance bill at around $500,000.
Setbacks in the Sale and the Rising Costs of Insurance
The struggle to sell the mansion was compounded by rising insurance premiums following deadly wildfires that swept through Southern California earlier this year.
When the home was first listed, it went through a round of renovations in an attempt to make it more attractive to potential buyers.
However, in August 2024, after several months on the market, Lopez and Affleck faced disappointment when a $64 million offer fell through due to a personal tragedy on the buyer’s side.
Despite this setback, experts note that large estates like this one typically remain on the market for an extended period, sometimes well beyond 100 days.
The End of the Marriage and Ben Affleck’s Public Reflections
Ben and Jennifer’s marriage, which ended just a year after their wedding in 2022, has been a topic of public interest, especially with recent comments from Affleck.
During an appearance on MSNBC’s Morning Joe, Affleck hinted at the complexities of relationships, suggesting that the people we love most can also drive us the most crazy.
Despite the end of their marriage, Affleck spoke warmly of Lopez, praising her for being great with his kids and maintaining a positive relationship with them.
Ben Affleck Discusses His Relationship with Jennifer Lopez and Family Dynamics
Affleck has also been open about the ongoing respect he holds for Lopez, even after their divorce.
In interviews, he emphasized that their split wasn’t due to any major scandal but rather a personal and somewhat embarrassing situation he didn’t want to delve into.
He explained his discomfort with being filmed for Lopez’s documentary The Greatest Love Story Never Told, citing the different ways they approached fame and privacy.
Despite this, Affleck expressed admiration for Lopez, acknowledging her integrity and importance in his life.
Co-Parenting and New Beginnings for Ben Affleck and Jennifer Lopez
While Affleck continues to co-parent with his ex-wife, Jennifer Garner, with whom he shares three children, Lopez has been focused on her new project, Office Romance, in New Jersey.
Affleck recently shared his gratitude for his co-parenting relationship with Garner, noting how well they work together for the benefit of their children.
It seems that despite the ups and downs, both stars are finding ways to maintain healthy relationships with their families and continue with their careers.
In the meantime, it remains to be seen whether the Beverly Hills mansion will finally find a buyer, but with the ongoing differences between Affleck and Lopez over the sale and market challenges, the future of the property remains uncertain.