Jennifer Lopez buys 2.5-acre luxurious estate in Los Angeles equipped with gym and theatre; here's the whopping amount she shelled out

Jennifer Lopez and Ben Affleck became legally single on February 21, as per the ruling of the Los Angeles County Superior Court . This follows a mediation-based divorce settlement reached on January 6.

As she struggles to sell her married mansion with Ben Affleck, Jennifer Lopez purchases a 2.5-acre luxurious estate in Los Angeles, as per a report by Blast.

After spending $61 million on the Beverly Hills mansion in May 2023, Jennifer Lopez and Ben Affleck put it up for sale for $68 million after renovations.

What’s special about Jennifer Lopez’s new estate?

Months after Ben Affleck bought his own home in Brentwood, Jennifer Lopez reportedly purchased a Los Angeles compound in Hidden Hills, according to TMZ.

It's unclear how much Jennifer Lopez actually paid for the LA compound. The property was listed for $21 million, and it has been confirmed that the actress received a "great deal," as quoted in a report by Blast.

A 10,046-square-foot main house, stables, a barn, a riding arena, a pool, and a guest house are all part of Lopez's new 2.5-acre estate. It also features a chef's kitchen, a theater, and a fully furnished gym, adding a contemporary touch to the setting, as per a report.

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Why is the Beverly Hills mansion still not sold?

The former couple has yet to find a buyer for the Beverly Hills property, so even after their settlement, their marital mansion still keeps them connected.

The ex-couple was already attempting to sell their enormous Beverly Hills marital home before filing for divorce in August of last year.

Despite spending time looking for a home at the time, sources have disclosed that Lopez did not come up with the idea to purchase the house in the first place.

According to renowned real estate broker Jason Oppenheim, it typically takes at least six months for a buyer to find such large properties.

The mansion's sale costs, prospective buyers' expectations of a price reduction, and the estimated $283,666 monthly cost of taxes, security, and homeowners association dues are some of the factors delaying the sale, as per a report by Blast.

FAQs

How much did Jennifer Lopez pay for her new Los Angeles home?
The exact amount remains unknown, but the asking price was $21 million, and she reportedly received a "great deal."

Why hasn't Jennifer Lopez and Ben Affleck's mansion been sold?
Luxury homes take longer to sell because of their high cost, limited buyer pool, and market competition. Their Beverly Hills property has also suffered setbacks, including a previous buyer's decision to back out.