Ben Affleck and Jennifer Lopez are reportedly at odds over the sale of their lavish Beverly Hills estate, which has been sitting on the market with a $68 million price tag since July 2024.
Despite its prime location and luxurious amenities, the property has attracted little serious interest. Industry insiders say that the sky-high asking price is part of the problem, with agents recommending a 15% reduction to spark buyer engagement.
The couple originally bought the sprawling estate in May 2023 for $60.85 million—paid in cash. Some agents suggest they may have overpaid, especially in today’s cooling luxury market, where high-end buyers are hunting for bargains.
Adding to the challenges are rising insurance premiums, a major concern for properties in wildfire-prone areas like Los Angeles. The estate’s annual fire insurance bill is estimated at a staggering $500,000, which has reportedly scared off more than a few prospective buyers.
Sources close to the situation claim that Affleck is ready to cut the price and move on, while Lopez is holding firm. Although the former couple finalized their divorce earlier this year, the details of their agreement over the property remain confidential. For now, they appear to be at a standstill, unable to reach a consensus on the next move.
With mounting market pressures and few bites, it remains to be seen whether a compromise—or a price drop—is on the horizon.
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