Ben Affleck and Jennifer Lopez’s attempt to sell their $68 million Beverly Hills mansion has encountered a significant obstacle, sources close to the situation reported Tuesday.
The former couple, currently navigating a “tricky” divorce with the help of attorney Laura Wasser, had accepted a $64 million offer from an unidentified New Jersey couple. However, the sale is now in jeopardy after the buyers unexpectedly pulled out of escrow following a death in their family.
Affleck, 52, and Lopez, 55, purchased the property in May 2023 for $60.8 million, investing several million more in renovations. The 38,000-square-foot estate, known as Crestview Manor, boasts 12 bedrooms, 24 bathrooms, a guest penthouse, and numerous luxury amenities including a home gym, sports lounge, and pickleball courts.
The potential sale of this property is crucial in dividing the couple’s estimated $550 million in assets. Lopez’s fortune accounts for approximately $400 million of their combined wealth, while Affleck is reportedly worth $150 million. Notably, the couple wed in 2022 without a prenuptial agreement.
A source revealed to People magazine that the mansion purchase was “Ben’s idea and a major compromise for her.” The insider added that Lopez agreed to the property due to its spacious layout, which could accommodate both their families.
As the divorce proceedings continue, sources indicate that the separation of assets “has the potential to get ugly” due to the absence of a prenup. California state law dictates that only income and assets earned during their marriage are subject to division.
The couple is currently in mediation, a faster alternative to traditional divorce proceedings. Despite the legal challenges, both Affleck and Lopez were seen attending their children’s back-to-school night in Los Angeles on Tuesday, appearing friendly and relaxed according to attendees.
While the New Jersey buyers have backed out of escrow, they reportedly remain interested in the property. The outcome of this high-profile real estate transaction could significantly impact the ongoing divorce settlement between the two Hollywood stars.