Ben Affleck actively looking to offload ex-fiancé Jennifer Lopez's former residence following their heartbreaking separation.
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Ben Affleck Slashes Price of Ex-Wife Jennifer Lopez's Former Mansion, Ready to Move On
Ben Affleck seems determined to bid adieu to his past as he's lowering prices for his share of the ex-marital mansion with Jennifer Lopez. Dubbed the Crestview Manor, this mega-mansion has been on the market since July last year but remains unsold.
A pal close to the situation spilled the beans to People, revealing that Affleck, familiarly known for playing Batman, is keen to sell the Crestview Manor at the earliest opportunity. The property that once listed for a whopping $68 million is now up for grabs at $60 million – the same price tag when Affleck and Lopez acquired it in 2023.
Post-splitsville, Lopez and Affleck have been keeping separate abodes. Lopez resides in a ritzy Beverly Hills mansion with her two kids, Emma and Max. Affleck, on the other hand, lives permanently in Brentwood with the three children he shares with Jennifer Garner.
The mansion at Crestview Manor is a sight to behold, with meticulous design fitting today's modern tech while preserving classic grace. As per the listing on Zillow, the house offers a blend of cutting-edge features and timeless elegance.
For the unfamiliar, Lopez and Affleck called off their nuptials in January following their renewed relationship in 2021. Today, Affleck is focusing on moving forward with his life in Brentwood. The pressure to unload the property might stem from the hefty insurance premiums, estimated to amount to around $500,000 annually – a possible deterrent for potential buyers.
Insight: High Insurance Premiums
The huge insurance costs associated with the property might be discouraging buyers. Typical for structures of such size and grandeur, the insurance costs are significantly higher compared to smaller properties. These premiums can easily run into several hundred thousand dollars, which can be a substantial barrier for prospective homeowners.
Insight: Luxurious Amenities
Crestview Manor boasts luxurious amenities that epitomize affluence. Key features include 12 bedrooms, 24 bathrooms, a 5,000-square-foot guest penthouse, an indoor sports complex equipped with a boxing ring and basketball court, a 12-car garage, and a breathtaking zero-edge pool offering panoramic mountain views.
Sources:1. Profile of the Crestview Manor mansion2. Ben Affleck reduces asking price for his Beverly Hills mansion4. Crestview Manor: A Closer Look at Ben Affleck and Jennifer Lopez's Former Mansion
Who among us doesn't find it intriguing that Ben Affleck, the notorious Batman, is reducing the price of his share of the luxurious Crestview Manor, once owned with celebrities Jennifer Lopez, due to high insurance premiums estimated to be around half a million dollars yearly? This exquisite property, currently priced at $60 million, offers a unique blend of modern technology and classic grace, featuring amenities such as a 5,000-square-foot guest penthouse, an indoor sports complex, a 12-car garage, and a breathtaking zero-edge pool with panoramic mountain views. Despite the impressive facilities, the hefty insurance costs seem to be a stumbling block for potential buyers in today's world.