Ben Affleck gave Jennifer Lopez his full interest in their $60 million home

When Ben Affleck and Jennifer Lopez got together for the second time (Bennifer 2.0), they quickly went all-in. They spent basically two years looking for a house for their blended family. I remember that well – it felt like every week, they were pap’d looking at houses. They finally found one in Beverly Hills in the spring of 2023, buying it outright (no mortgage) for over $60 million. There were problems immediately – Ben was hesitant to really give up his Brentwood house because that home is closer to his kids and his ex-wife Jennifer Garner. Ben reportedly didn’t even like the new place. I think J.Lo did a flurry of renovations to the Beverly Hills pad as well. So basically, they never really moved into the place as a married couple or blended family. Fourteen months after purchasing it, they put it back on the market. That stupid house will have been on the market for two full years in July. The house became a point of contention when Ben and J.Lo divorced too, like it was part of their settlement, and they were supposed to split the sale down the middle, whenever it sold. Well, Ben no longer wants his half of the eventual sale.

Well, this is a shocker … TMZ has learned Ben Affleck has handed over his entire interest in the $60 million mansion he bought with then-wife Jennifer Lopez … and we’re talkin’ 10s of millions of dollars!

TMZ has obtained court documents that show they modified their property settlement agreement, which shows a “transfer of property among spouses.” The document isn’t specific as to the exact nature of the transfer, but sources with direct knowledge tell us … Ben GAVE Jen his entire stake in the property — FOR FREE!!!

TMZ broke the story … when they bought the property in May 2023, they plunked down $60,850,000 CASH. On top of that, they spent millions of dollars on improvements. They’ve been trying to sell the house publicly since July 2024 — a month before Jen filed for divorce — but so far, no takers.

They initially asked for $68M, but lowered the price to $52M back in September, still with no luck.

Jen has been living in the house, because she’s renovating the one she recently bought.

As for why Ben had this burst of generosity … well, dude is flush with cash, after selling his A.I. company — InterPositive — to Netflix last month for a reported $600 million.

So, short story. Ben’s now cut ties with Jen, the house is a white elephant, but because Jen got this huge gift, she’ll probably make money as well when she sells.

[From TMZ]

Man, California real estate is so weird and dramatic. It feels less like this is a housing-market issue and more like a house-specific issue. I think I found the interior tour of this Beverly Hills pad and I can see why it’s been on the market for so long, btw – there’s a crazy amount of dead space and the first floor is giving “bland mall” and/or “car dealership.” There are theories about why Ben would just give up his interest too, like maybe they do have a mortgage on it and it’s not worth it for Ben to keep up with the payments. But I tend to believe they did pay cash for it, and they both regret it. My guess: Ben simply wants to be done with all of it, and he really wanted to sever the last “connection” with J.Lo. That makes me so sad.

Photos courtesy of Jennifer’s Instagram, Avalon Red, Backgrid.

You can follow any responses to this entry through the RSS 2.0 feed.

41 Responses to “Ben Affleck gave Jennifer Lopez his full interest in their $60 million home”

  1. Amy Bee says:

    I think it’s the least he could do for her. I like the house. It’s furnished really well but it’s just very big. Hopefully she’ll get it sold after she’s finished with her new house.

  2. Jenny says:

    This smacks of a guilty conscience to me. She was all in, he wasn’t, and he feels remorseful about the whole mess. I’m not judging him for it, at least he feels something for her… hence the house. She should take the money and the lesson to heart, move on and please God don’t look back.

    • Booboochile says:

      Nah, He doesn’t feel guilty. Anyway it tra is with his personality. He’s thoroughly done with this whole fiasco and he to be honest doesn’t want to be tethered to Jennifer in any shape or form. Jennifer is no longer a part of his future and he doesn’t want any strings attached even in the form of his half of the sale. It’s kind of sad for Jennifer who put in all of herself in the marriage only for Ben to sail on by without a backward glance 😢 .

      • StillDouchesOfCambridge says:

        Nobody’s giving any money to nobody. They have all kinds of money intertwined like they said at that time. He probably owes her that amount and he’s giving it back that way with possibly more if she can sell it at a higher price.

    • Mustang Sally says:

      He may need a tax write off, so taking (let’s say) a $30M loss might help with his future tax burden. She (I believe) will receive a 1099M (misc income) for his equity in the house. One or the other may owe the other money from projects (e.g. Kiss of the Spiderwoman) and this was just a way to go about it. Also, another theory (I’m a CFO, not a tax accountant): If there is a mortgage and he is trying to finance something else (a project, property, etc.), he may not want to/be able to carry the debt load of the mortgage – NOT saying he can’t afford it – but it may push him into another category of lending that raises the interest rate. Spending $ on unnecessary interest is a bad business decision. Basically, this transfer could have happened for any number of reasons.

  3. Starry Owl says:

    That’s a massive house. It’s very well appointed but dear lord. How many massive dining spaces do you need within such close proximity to each other.

    • Lamb Chop says:

      It reminds me of those posh clubs trying to look more like a home. So big for a family.

      • Mightymolly says:

        500 living spaces and a pickle ball court … actually I think private club was the goal. 🤔

      • Felicity Fox says:

        It’d be great for boutique hotel or B&B, or even an extended family or corporate retreat.

    • Dilettante says:

      A home for a Saudi family with four wives dozens of children and extended family. As someone said, more akin to a hotel.

      • mightymolly says:

        Oh, that’s lovely! Every family has their own living space, but open walls to bring the families together. (I wouldn’t even consider being a fourth wife unless we lived in a $60 million mega mansion.)

  4. Jais says:

    Didn’t he also just invest in and sell an AI company for a lot of money? So he’s not hurting for the money. Which my poor self cannot imagine.

    • Amy G says:

      The TMZ excerpt posted in the post says:
      As for why Ben had this burst of generosity … well, dude is flush with cash, after selling his A.I. company — InterPositive — to Netflix last month for a reported $600 million.

      • Jais says:

        Ha, thank u. That’s funny. I skimmed right over the article and missed that part. I just remembered bc there was a post on it a few backs.

    • Glamarazzi says:

      Yes so this house “gift” to Jen can be used as a write off to offset his AI sale gains.

  5. Jayna says:

    They both sold their homes before buying the white monstrosity. Ben made a big profit off of the sale of his Brentwood home when comparing what he paid for the home and what he sold it for. Jen made a big profit off of her longtime home in California, also. So I definitely believe they both went in equally on the cash purchase of the $60 million home.

    The $20 million mortgage taken out after the purchase, IMO, was to fund her $20 million “musical movie” on Amazon Prime Video. She bragged about having to fund it herself because she couldn’t get backers for it. The timeline coincides with taking the $20 million mortgage out on the property.

    She’s still living in it as she’s renovating her new home. And celebs and rich people can take years to renovate a mansion. It happens all the time. Ben took a year to renovate his new home and stayed in his Brentwood rental for another year while it happened. JLO’s new home is much larger. So I could envision a two-year-or-more extensive renovation project on her new home while she stays in the marital property.

    There are massive carrying costs on their marital home, and it sounds like they had been splitting the monthly costs of that massive home and outlying buildings. I think he wanted to lower the selling price and get it sold. She might have been standing firm on not lowering it again and staying there while the renovation of her new home was still ongoing. It’s been two years with no movement as far as interested buyers. So I’m thinking he just handed it over to her and cut his losses.

  6. teddy says:

    There’s not one cozy space in that entire first floor. Reminds me of Cher saying in an interview how she and her girlfriends always wind up crowding into a tiny sitting room just off the master bedroom of the massive house she built on PCH in Malibu. Mega-mansions may soothe the ego but they are not built on a human scale. They’re actually hard to live in.

    • Harla says:

      Watching the video tour and thinking “how could I decide where to sit with my morning cup of tea”? There are way too many choices, at least for me. And you’re correct, it’s beautiful but not “cozy”.

    • Normades says:

      This. I would feel lost and uninspired in such a huge space. Where do crawl up to read a good book, have coffee or just sit with a friend. I don’t envy these kind of spaces at all.

    • Jayna says:

      Before they bought it, it was so sterile and a lot of grays. Just bland. Jennifer and her interior designer did manage to warm it up by installing beautiful wide-plank wood flooring and using tones in fabric and wallpaper that complemented it. They did a good job in the formal dining room.

      But it is just a cavernous place that looks more like the first floor of a hotel lobby because of the size of the rooms and the massive “lobby” upon entering the home. It definitely couldn’t be called a foyer upon entry.

  7. FancyPants says:

    Is there less pollen in California? Because I would hate to be the one who has to wipe down all that patio furniture every day before anyone could sit on it. There is more furniture in that back yard than I have ever owned in my entire life.

    • SarahMcK says:

      I lived on the central coast of California and I never wiped pollen off of my porch. I currently live in the Rockies and also never have to wipe pollen off of anything.

      • Soni says:

        I need to live where you live 😆. I’m in the NYC burbs and can’t stop sneezing 😫

      • FancyPants says:

        Yes it sounds like a dream come true!

      • Chaine says:

        That must be amazing. I live in the south and heaven forbid we open a window between mid-March and early May, as we’d be inundated with pollen! we literally have to hire a power-washing company every spring to get the thick coating pollen off of the exteriors of our house.

      • Sunnee says:

        Yeah, I live the SF Bay Area and pollen is not a thing. I’ve never had to wipe it off my patio furniture or wash off my house. My u distancing us that the ocean air cleans the pollen.

  8. Sharon says:

    How would you feel like you’re even “living together” with so much space.

  9. SIde Eye says:

    I can’t help but compare it to Jennifer Gardner’s home and I absolute love Jen Gardner’s home. It’s gorgeous but it actually feels like a home you can live it. This one doesn’t feel cozy. It feels very lonely to me and personally I wouldn’t be happy in this home. But to each his own.

    I think the people that have this kind of money $50,000,000 or more are looking to move out of the US right now, as opposed to making this big a commitment to it. I would certainly hesitate now that there’s a fascist government and the dollar may collapse.

    A friend of mine has had her house on the market for over a year and a half. The price has lowered twice and it’s in a great neighborhood in a cul-de-sac. If things were “normal” the house would have been her retirement and there would have been a bidding war, like there was when she bought it. Instead she’s now looking to break even.

    • Jayna says:

      Jen Garner’s home is beautiful and warm. She put a lot of thought into it and is rightfully proud. Although, I’m not a big blue person, which is throughout her home. But I do love the blue and also all of the wood in her living, dining, and kitchen area.

      I also love Ben’s new home. I know it took a year to complete renovations to the home and guesthouse. I would love to see the finished product. He is a big Cliff May fan. So he would always respect the architecture of the ranch-style home. I believe another architect years ago made some changes to it. Ben and Jen Garner’s family home was a sprawling Cliff May ranch home.

      People might think Ben would buy an ultra-modern, bachelor-type mansion, but he really does like character in homes. His new home is very much a warm family home and is definitely indoor/outdoor living. I love that it has a front yard for views, not just a lot of driveway and close to the road, like his rental. Because it’s set back, it feels like he has more privacy compared to the Brentwood rental he had with paps catching every DoorDash delivery. LOL It even has stables for horses.

      For a recovering alcoholic, I think his new home with all of the beautiful trees and foliage is a peaceful place for him, and a wonderful home for his kids also.

      A video of Ben’s new home when it was for sale, right before he bought it.

      https://www.youtube.com/watch?v=ETd_EIdM_m4

      • Felicity Fox says:

        Now *that* is a beautiful home. I’m seriously in lust with everything in that video.

  10. Neeve says:

    I dont understand finance and I certainly dont understand the US mortgage/ real estate business. They say he gave her the ‘interest ‘ so he didn’t actually give her half of his sale? Just the profit,he still keeps his 30M half? Someone kindly explain!

  11. Beech says:

    What immediately came to mind scenes from the documentary No Other Land with schools being bulldozed and people living in caves. Is this rude?

  12. Siri says:

    The house is beautiful but it is overkill. How much space do two people need? My place is nowhere near as large as that and I still don’t use half of the rooms.

    There is no way I would give up a $30million share in anything.

    • Jayna says:

      That home is a white elephant. The guy who bought it to flip built a massive building directly in front of the mansion, thinking it would make the property worth a fortune. It didn’t. I think he hurt it. When they first bought it, I remember it was part of a small gated community, and the homes were worth about $3 to $5 million, if memory serves me correctly. You go up that street and enter their privately gated estate that was for sale back then for $75 million, and they bought it for $60 million or $64 million. The home just does not match up to the other property values and neighborhood. It’s not like they lived on a street filled with mansions. The home was always overbuilt for the area it was built in, but more importantly, it was just a huge hotel-like building built as a home. I think it sat around for a decade or more.

      If J-Lo wants to live there another year while she is renovating her huge property in Hidden Hills, and if she refuses to lower it to a price the market supports, he doesn’t want to deal with it nor her anymore. He just wants to move on and cut the ties and ongoing expenses he’s liable for in maintaining that whole estate. That house will sit there for years if he doesn’t cut his losses.

      Now that she has full ownership, once she moves into her new home, she will lower the price dramatically to sell because now the profit is all hers, not cut in half.

  13. Jferber says:

    Jenny, totally agree except that you don’t blame him. I do. He bailed on her the first time when their universally panned film came out and he bailed the second time when she put out her over the top album/documentaries about their love. It seems he was embarrassed by the negative, cringe publicity and dumped her both times. So if it’s guilt money, so be it. Neither of them need it anyway. He should have given it to a charity of her choice.

  14. A says:

    We should not have this or any tolerance for the ultra-rich– No One needs this, meanwhile our infrastructure is falling apart and school districts are laying off SPED and arts and other teachers.

  15. Marcia says:

    I agree with the assessment in the post. He wants out.

  16. QuiteContrary says:

    Yeah, this is him shaking any residual dust from his shoes.

Commenting Guidelines

Read the article before commenting.

We aim to be a friendly, welcoming site where people can discuss entertainment stories and current events in a lighthearted, safe environment without fear of harassment, excessive negativity, or bullying. Different opinions, backgrounds, ages, and nationalities are welcome here - hatred and bigotry are not. If you make racist or bigoted remarks, comment under multiple names, or wish death on anyone you will be banned. There are no second chances if you violate one of these basic rules.

By commenting you agree to our comment policy and our privacy policy

Do not engage with trolls, contrarians or rude people. Comment "troll" and we will see it.

Please e-mail the moderators at cbcomments at gmail.com to delete a comment if it's offensive or spam. If your comment disappears, it may have been eaten by the spam filter. Please email us to get it retrieved.

You can sign up to get an image next to your name at Gravatar.com Thank you!

Leave a comment after you have read the article

Save my name and email in this browser for the next time I comment