Jennifer Lopez and Ben Affleck are poised to lose money on the sale of their $60 million Beverly Hills home thanks to the mansion tax

Quick Summary:

The divorced celebrity couple is getting a double whammy of a price drop plus the mansion tax.

Insurance premiums are even higher now, further adding to the cost of homeownership in a place that’s already notoriously expensive.“The luxury market is no longer about vanity.

The property was first listed on July 11, 2024, and Santiago Arana of boutique real-estate firm The Agency is the listing agent.

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Article Details

Author / Journalist: Sydney Lake

Category: EconomyBusiness

Markets: United States

Topics: Mansions Celebrities Housing Real Estate Housing prices

Source Website Secure: Yes (HTTPS)

News Sentiment: Neutral

Fact Checked: Legitimate

Article Type: News Report

Published On: 2025-05-08 @ 16:58:39 (14 hours ago)

News Timezone: GMT +8:00

News Source URL: fortune.com

Language: English

Article Length: 607 words

Reading Time: 4 minutes read

Sentences: 4 lines

Sentence Length: 152 words per sentence (average)

Platforms: Desktop Web, Mobile Web, iOS App, Android App

Copyright Owner: © Fortune

News ID: 28496673

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Official Website: fortune.com

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