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Entertainment

Jennifer Lopez Splurges On $21M LA Compound After Ben Affleck Split

Last updated: February 22, 2025 7:15 pm
Oliver James
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Jennifer Lopez Splurges On M LA Compound After Ben Affleck Split
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Jennifer Lopez has reportedly purchased an expansive Los Angeles compound after she and her ex-husband, Ben Affleck, settled their divorce.

However, despite their settlement, the former couple still has their marital mansion keeping them linked as they have yet to find a buyer for the Beverly Hills property.

Jennifer Lopez and Ben Affleck purchased the mansion in May 2023 for $61 million and due to renovations, they listed it for $68 million on the market.

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Jennifer Lopez Splurges On Luxurious Los Angeles Compound

Jennifer Lopez at "Kiss Of The Spider Woman" Premiere
Anna Pocaro/imageSPACE / MEGA

According to TMZ, the singer bought a Los Angeles compound located in Hidden Hills months after her ex-husband purchased his own place in Brentwood.

Lopez’s new property, a 2.5-acre estate, features a 10,046-square-foot main house, a barn, stables, a riding arena, a pool, and a guest house.

It also boasts a fully equipped gym, a theater, and a chef’s kitchen, giving the environment a modern twist.

The news outlet notes that prior to Lopez’s recent purchase, the home was initially owned by John Fogerty, who bought it from actor Sylvester Stallone.

The exact amount paid by Lopez for the LA compound remains unknown. However, it’s been confirmed that the asking price for the property was $21 million and the actress got a “great deal.”

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The Singer Has Yet To Sell Her Marital Mansion She Shares With Ben Affleck

Jennifer Lopez and Ben Affleck step out of their apartment this afternoon in New York City
Eric Kowalsky / MEGA

Before Lopez filed for divorce from Affleck in August last year, the ex-couple was already trying to sell off their massive marital home in Beverly Hills.

The luxurious property was purchased in May 2023 and was listed on the market in July 2024 for $68 million.

While it is unclear when a sale will finally occur, sources have revealed that buying the house in the first place was not Lopez’s idea, despite her investing a lot of time in searching for one at the time.

“The $68 million mansion was Ben’s idea,” explained an insider about the marital home purchase, per People Magazine. Apparently, Lopez prefers the “romantic, Spanish, European vibe,” which made choosing the Beverly Hills mansion a “major compromise for her.”

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They added, “She agreed to it because of its spacious layout, accommodating both their families, a gym and a pickleball court, office space, plus it has two private entrances.”

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A Deal For The Ex-Couple’s Beverly Hills Mansion Fell Through

Jennifer Lopez and Ben Affleck take a private cruise on the Seine river
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In September 2024, the former lovebirds reportedly accepted an offer on their marital home, but the deal fell through.

According to TMZ, a source revealed that a couple from New Jersey fell “in love” with the 38,000-square-foot property and made a $64 million offer, which the A-list stars accepted.

Unfortunately, the potential buyers suffered a death in their family and “pulled out of escrow.” The insider, however, noted at the time that they “are still interested in the property.”

Affleck and Lopez paid $61 million for the house in May 2023 and spent millions on renovations.

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They also reportedly had to pay a 5.25 percent mansion tax and a “hefty fee to the realtors,” meaning they’ve invested a lot into the 12-bedroom, 24-bathroom home. So, at $64 million, the former couple would have most likely taken some loss.

Why Jennifer Lopez And Ben Affleck’s Home Will Take A While To Sell

Jennifer Lopez and husband Ben Affleck arrive at the World Premiere Of Amazon Studios' 'Air'
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Famous real estate broker and the star of “Selling Sunset,” Jason Oppenheim, previously shared that Affleck and Lopez shouldn’t be too bothered by the amount of time it has taken to sell their mansion, noting that such massive properties tend to take at least six months to find a buyer.

While speaking to Realtor.com, he shared, “It would have been surprising for the house to sell in less than 100 days,” adding that “most homes of this magnitude are on the market for six months, and in many cases significantly longer.”

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The outlet gave a number of factors causing a delay in the sale of the mansion, noting that expenses associated with the sale would result in a smaller pool of potential buyers. It also stated that people who can make such costly purchases tend to delay in hopes of a price reduction.

Another significant factor is the estimated $283,666 the homeowner would likely spend each month on taxes, security, and homeowners association dues.

Lopez and Affleck’s home also competes with other luxurious properties in Los Angeles, making selling more difficult.

Ben Affleck And Jennifer Lopez Have Been Declared Legally Single

Ben Affleck and Jennifer Lopez arriving at "The Tender Bar" Los Angeles Premiere at the TCL Chinese Theatre
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Lopez and Affleck were declared legally single by the Los Angeles County Superior Court on Friday, February 21, according to documents obtained by People Magazine.

This comes after settling their divorce on January 6 after going through mediation. Neither Lopez nor Affleck received spousal support, and both were allowed to walk away from the marriage with all of the assets they owned before tying the knot in 2022.

The singer reportedly got to keep her 8.5-carat diamond engagement ring, worth an estimated $5 million. She will also split the proceeds from her Beverly Hills mansion with Affleck whenever they sell the property.

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