for the second time<\/a>. The mansion was rushed back on the market, this time for $68 million.\u00a0<\/p>\nAffleck and Lopez then cut the price to $59.9 million in May 2025.\u00a0<\/p>\n
Two months later, it was pulled off the market again, and the\u00a0couple’s house drama continued.\u00a0<\/p>\n
In September 2025, Affleck and Lopez relisted the home, slashing the asking price even more to $52 million.\u00a0Still, no sale.<\/p>\n
In January, the two pulled the property from the market again.<\/p>\n
In his view, their fatal mistake was listing it in the middle of a price range.\u00a0<\/p>\n
‘Sellers are their own worst enemy. I don’t understand the concept of $52 million.<\/p>\n
‘It needs to be priced at $49 million or even $49.5 million.\u00a0<\/p>\n
‘I just don’t see the logic to reducing it to $52 million. The truth is you’d get more activity at $49 million because many wealthy people and their agents will only search for homes up to $50 million.\u00a0<\/p>\n
‘It’s the same logic as shopping in a store, 49 is a more attractive price. It’s no different than a price tag, are you going to buy the $520 item or the one priced at $499?’ Oppenheim said.<\/p>\n
In the meantime, the financial burden of maintaining the mansion is enormous, even for stars of their magnitude.<\/p>\n
![\"The](\"https:\/\/www.newsbeep.com\/au\/wp-content\/uploads\/2026\/02\/106112003-15527835-image-a-20_1770236124652.jpg\")
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The financial burden of maintaining the mansion is enormous, even for stars of their magnitude<\/p>\n
![\"The](\"https:\/\/www.newsbeep.com\/au\/wp-content\/uploads\/2026\/02\/106112001-15527835-The_mansion_which_includes_multiple_fireplaces_in_its_12_bedroom-a-2_177030627122.jpeg\")
<\/p>\n
The mansion, which includes multiple fireplaces in its 12 bedrooms and 24 bathrooms, had struggled to find a buyer<\/p>\n
![\"The](\"https:\/\/www.newsbeep.com\/au\/wp-content\/uploads\/2026\/02\/90712293-15527835-The_estranged_couple_called_time_on_their_two_year_marriage_in_A-m-45_177117482640.jpeg\")
<\/p>\n
Ben Affleck, 53, and Jennifer Lopez, 56, will also face a mansion tax in Los Angeles, paid by the seller when a deal closes to fund affordable housing in the city<\/p>\n
There’s the monthly upkeep on the property, from massive electric and air conditioning bills to landscaping and cleaning.\u00a0<\/p>\n
Oppenheim estimates the monthly electric bill to be around $15,000, with water costing an additional $2,000.\u00a0<\/p>\n
Daily maintenance is also needed on the 38,000-square-foot home and its 12-car garage, the 5,000-square-foot guest penthouse, the biggest zero-edge pool in Beverly Hills, the caretaker house and a two-bedroom guardhouse.<\/p>\n
They likely installed state-of-the-art security and hired full-time guards.<\/p>\n
The massive home also has a sports lounge, a fully-equipped gym, a boxing ring and courts for basketball and pickleball which all need upkeep.<\/p>\n
Despite their wealth, property records show that the couple did take out a $20 million mortgage through a trust. Based on the mortgage rate at the time of purchase, their monthly mortgage payment alone is around $133,060.<\/p>\n
According to Zillow, the 2025 property taxes on the mansion were\u00a0$755,518.\u00a0<\/p>\n
The real estate listing site also estimates that the closing costs on the house, when it does sell, will be about $4.7 million.\u00a0<\/p>\n
![\"Luxury](\"https:\/\/www.newsbeep.com\/au\/wp-content\/uploads\/2026\/02\/98275395-15527835-Luxury_real_estate_mogul_Jason_Oppenheim_48_remains_convinced_th-a-1_1770306271163.jpeg\")
<\/p>\n
Selling Sunset star Jason Oppenheim came up with a magic number he said will finally get Ben Affleck and Jennifer Lopez’s mansion sold<\/p>\n
Los Angeles also has a ‘mansion tax’ paid by the seller when a deal closes to fund affordable housing in the city. In Affleck and Lopez’s case, since they are selling for over $10.6 million, they will have to fork over 5.5 percent for the tax, totaling another $2.8 million in losses.\u00a0<\/p>\n
‘Besides the bills and the upkeep and maintenance, insurance, property tax, repairs, maintenance, landscape, water, utilities, the longer it sits, the house itself also depreciates,’ Oppenheim said.<\/p>\n
A home loses market value while sitting on the market because it turns ‘stale,’ causing buyers to suspect hidden flaws or a major defect, which reduces demand.<\/p>\n
The lack of interest forces sellers to lower prices, while they simultaneously incur ‘carrying costs’ like the taxes, maintenance, and insurance, reducing the net equity.<\/p>\n
Oppenheim said Affleck and Lopez probably overpaid for the home in the first place, but he thinks it will eventually sell at $49 million.\u00a0<\/p>\n
‘Listing at that number is likely the last time they’ll have to list.\u00a0<\/p>\n
‘It doesn’t hurt that they owned it, it brings some positive cachet,’ he said.\u00a0<\/p>\n
And even though they are both independently wealthy, no doubt neither Affleck nor Lopez wants to watch their bank accounts drain.<\/p>\n
‘They should have sold at $49 million, invested in a treasury bill and made a few million a year.’\u00a0<\/p>\n","protected":false},"excerpt":{"rendered":"Turns out, love does cost a thing. In this case, $22 million and counting.\u00a0 The Daily Mail understands…\n","protected":false},"author":2,"featured_media":482610,"comment_status":"","ping_status":"","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[8],"tags":[64,63,100,134,67231],"class_list":["post-482609","post","type-post","status-publish","format-standard","has-post-thumbnail","category-entertainment","tag-au","tag-australia","tag-dailymail","tag-entertainment","tag-realestate"],"_links":{"self":[{"href":"https:\/\/www.newsbeep.com\/au\/wp-json\/wp\/v2\/posts\/482609","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.newsbeep.com\/au\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.newsbeep.com\/au\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/au\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/au\/wp-json\/wp\/v2\/comments?post=482609"}],"version-history":[{"count":0,"href":"https:\/\/www.newsbeep.com\/au\/wp-json\/wp\/v2\/posts\/482609\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/au\/wp-json\/wp\/v2\/media\/482610"}],"wp:attachment":[{"href":"https:\/\/www.newsbeep.com\/au\/wp-json\/wp\/v2\/media?parent=482609"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.newsbeep.com\/au\/wp-json\/wp\/v2\/categories?post=482609"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.newsbeep.com\/au\/wp-json\/wp\/v2\/tags?post=482609"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}
![\"Ben](\"https:\/\/www.newsbeep.com\/au\/wp-content\/uploads\/2026\/02\/106113279-15527835-image-a-24_1770238094303.jpg\")
<\/p>\n![\"The](\"https:\/\/www.newsbeep.com\/au\/wp-content\/uploads\/2026\/02\/104990957-15527835-The_two_stars_settled_their_divorce_back_in_January_five_months_-a-22_17702363694.jpeg\")
<\/p>\n![\"One](\"https:\/\/www.newsbeep.com\/au\/wp-content\/uploads\/2026\/02\/106111999-15527835-One_of_the_12_bedrooms_in_the_Beverly_Crest_mansion_that_Ben_Aff-a-1_177065019364.jpeg\")
<\/p>\n