Overview
- Public real estate filings show the 12-bedroom, 24-bath estate was removed from active listings on July 2, 2025 after failing to secure a buyer for more than a year.
- The couple first listed the property in July 2024 at $68 million and trimmed the asking price to $59.5 million in May without generating offers.
- Affleck and Lopez purchased the 38,000-square-foot mansion for $60.8 million in May 2023 and initially pursued discreet off-market sales to protect their privacy.
- An insider says they agreed to pause the sale jointly to avoid mounting carrying costs and relaunch the listing when the luxury market improves.
- High insurance premiums, a 5.5% mansion tax and a saturated Los Angeles luxury market have been cited as major obstacles to finding a buyer.