Jennifer Lopez struggling to sell $50M Beverly Hills home
Jennifer Lopez is struggling to sell her sprawling Beverly Hills mansion after a contingent deal on the roughly $50 million listing quickly fell apart. The 38,000-square-foot former marital home with Ben Affleck is back on the market, underscoring how even trophy celebrity estates can stall when buyers walk.
Key Takeaways
- A contingent contract on Lopez’s roughly $50 million Beverly Hills listing fell through soon after agents confirmed it.
- The Georgian-style megamansion covers about 38,000 square feet on a 5.2-acre Beverly Crest estate.
- Lopez and Affleck paid $61 million in 2023; the ask later dropped from $68 million to about $50 million.
- Affleck gifted Lopez his share in an amended settlement, leaving her solely on the hunt for a new buyer.
What happened to the contingent sale?
According to Robb Report, the residence had finally drawn a buyer after nearly two years on and off the market with multiple price cuts. Listing agents Branden Williams and Rayni Williams of The Beverly Hills Estates confirmed a contingent contract with a well-known figure in tech and finance, whose identity stayed under wraps.
That momentum did not last. The mystery buyer walked away, and the highly publicized deal evaporated almost as soon as it surfaced. The 5.2-acre compound is available once again.
Why is Jennifer Lopez struggling to sell this mansion?
Demand for ultra-luxury Luxury Real Estate & Dream Homes can cool when a property cycles repeatedly through list, withdraw, and cut cycles. This abode first sought $68 million after the couple’s split, then was reduced to $50 million in May after Affleck transferred his ownership stake to Lopez.
The pair bought the Beverly Crest home in 2023 for $61 million and listed it roughly a year later amid their separation. Even with a lower ask and shared billing under the Williams team, converting a contingent buyer into a closed sale proved harder than expected.
Where do Lopez and Affleck live now?
Both have moved on from the former marital megamansion. Affleck relocated to a $20.5 million property in the Sullivan Canyon area on the border of Brentwood and Pacific Palisades. Lopez settled into a $17.5 million Hamptons-style estate in Hidden Hills that was formerly owned by John Fogerty.
Affleck also still holds a secluded riverfront country estate in Georgia acquired in 2003, the same period when the couple first dated and later where they celebrated their 2022 wedding. For now, though, the Beverly Hills trophy listing remains the unfinished chapter—and a reminder that a contingent contract is not a closing.