In Beverly Crest, even Jennifer Lopez cannot move a megamansion without a little real estate drama. The singer and actor has relisted the sprawling estate she once shared with Ben Affleck, now asking $49.95 million. The latest listing comes shortly after a legal shuffle that left Lopez as the sole owner, following Affleck's transfer of his stake in the home. It is the third time the mega‑estate has been publicly listed since the couple bought it in 2023.
Price cut and listing history
Lopez and Affleck paid about $60.9 million for the property in May 2023 and have been testing the luxury market ever since as conditions softened. According to Realtor.com, the house first appeared publicly for $68 million in mid‑2024, then was cut to roughly $59.95 million and later to $52 million before being pulled in January. The new sub‑$50 million price tag is the deepest discount yet.
How Affleck's transfer changed the math
Recent reports indicate Affleck formally gave up his interest in the home, clearing the title so Lopez can pursue a sale on her own. TMZ first reported the fresh listing and noted that new marketing materials went live earlier this week. Sole ownership can simplify a closing, although brokers still point out that a property of this size and price has a very limited pool of potential buyers.
What the compound includes
The listing describes the property as “the ultimate celebrity compound,” and the updated photos show interiors dialed back to a more neutral, staged look. Realtor.com reports that the main house spans about 38,000 square feet on roughly 5.2 acres, with an indoor sports complex, a five‑stall barn and a layout offering 12 bedrooms and 24 bathrooms. The sheer scale goes a long way toward explaining both the headline price and the slow sales process.
Why it's been hard to sell
Real estate experts often point to the tiny buyer pool for ultra‑luxury properties, along with hefty carrying costs, as reasons these homes can linger on the market. Coverage from Elle Decor has noted that a famous former owner does not guarantee a quick deal, and that timing can matter as much as celebrity provenance. Lopez also picked up a home in nearby Hidden Hills last year, giving her flexibility while the Beverly Crest compound waits for a match.
Legal and tax notes
Documents filed in April formalize Affleck's transfer and include language stating that the move will be treated as “a transfer of property among spouses incident to divorce for federal income tax purposes,” according to Us Weekly. The wording suggests the change was structured with tax treatment in mind while also cleaning up the title, though the filings do not detail any cash changing hands. Legal analysts note that phrasing like this is common when former spouses sort out property issues after a divorce.
The new price point, fresh photography and clarified ownership mark the latest chapter in the saga of one of Los Angeles' most talked‑about modern compounds. Whether this reset finally brings in a buyer is still an open question.
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