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.
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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.
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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.
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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.
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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.