In a legal filing that has Hollywood agents doing mental math, Ben Affleck gave up his ownership stake in a $60 million Beverly Hills estate — and didn’t ask for a dime in exchange. The court documents, filed in April 2026, show the actor simply transferred his share of the massive property to Jennifer Lopez, effectively handing her roughly $26 million in equity while walking away empty-handed.
But before anyone starts writing sonnets about Affleck’s generosity, consider what he actually gave away: a financial anchor that had been dragging both of them down for nearly two years. The Beverly Crest mansion, known as Crestview Manor, had become the most stubborn listing in Los Angeles luxury real estate. And it was costing someone $283,000 per month just to keep the place running.
The couple had bought the French château-style property for $60.85 million in May 2023, paying cash and then pouring additional millions into renovations. When they tried to flip it starting in July 2024, they listed it at $68 million — an ambitious markup that assumed someone would pay premium prices for their taste in upgrades. The market had other ideas.
By May 2025, the price had been slashed to $59.95 million — already guaranteeing a loss even before factoring in transaction costs. Two months later, they pulled it entirely. When it reappeared in September 2025, the asking price had plummeted to $52 million. That’s a $16 million drop from the original listing, and still no takers. By January 2026, they’d pulled it from the market for the second time.
The timing made the failure even more puzzling. A Wall Street Journal report noted strong performance in the luxury sector during 2025, with homes above $10 million selling briskly. The average Beverly Hills property was moving in 95 days. But Crestview Manor just sat there, month after month, bleeding cash.
Property taxes alone ran about $1,100 daily — over $400,000 annually, according to the New York Post. Add in maintenance, utilities, staffing, landscaping, and security for a 38,000-square-foot estate on five acres, and the monthly nut exceeded $283,000. Every 30 days the house sat unsold meant writing another check for nearly $300,000, a financial reminder that kept Affleck tied to his ex-wife long after their divorce was finalized in January 2025.
One source close to Affleck put it plainly: “This isn’t him giving anything. This is him paying to be done. That house is the last tie, and he wants it gone, fast.”
The mansion itself is objectively spectacular. Crestview Manor sprawls across 38,000 square feet with 12 bedrooms and 24 bathrooms — two per bedroom, for those keeping score. There’s a 12-car garage, an indoor sports complex featuring a boxing ring, gym, and pickleball court. A 5,000-square-foot guesthouse. A caretaker cottage. A two-bedroom guardhouse. Parking for 80 cars. The property has been described as “a tasteful stunner.”
It’s also been a white elephant since long before Affleck and Lopez got involved. The original owner listed it in 2018 for $135 million. After five years and four price cuts, it had dropped to $75 million. That’s when Affleck and Lopez swooped in at $60.85 million, apparently convinced they could succeed where others had failed.
The legal paperwork finalizing the transfer was signed at the end of March and beginning of April 2026. Lopez signed the updated agreement on March 31. Affleck signed the next day, April 1. The couple had originally filed their property settlement when the divorce was finalized in January 2025. The April filing modified those terms.
The documents describe the transfer as “property among spouses incident to divorce for federal income tax purposes.” Both parties remain responsible for taxes arising from the transfer itself. But the agreement makes Lopez solely responsible for all future expenses — broker commissions, closing costs, applicable taxes, everything. She owns the upside if it sells. She also owns every penny of the downside.
Meanwhile, Lopez never actually left. Even as the house was being marketed for sale, she continued living there, posting Instagram photos from inside while prospective buyers presumably toured the halls. She’d already purchased a new place in Hidden Hills for $17.5 million in February 2025 and was renovating that property while still occupying the Beverly Crest estate.
A source told the Daily Mail that “Jennifer is renovating the home to her satisfaction. She is spending a lot of money because it’s big: there is the main house, the pool house, and a guest house.” The Hidden Hills property is roughly 8,600 square feet with five bedrooms, eight bathrooms, a guesthouse, pool house, and a five-stall barn with a private equestrian arena. Nice, but hardly comparable to a 38,000-square-foot château.
Affleck, by contrast, had already moved on. In August 2024 — less than two weeks after the mansion was listed and right before Lopez filed for divorce — he bought a $20.5 million home in Pacific Palisades. Five bedrooms, six bathrooms, open floor plan with a chef’s kitchen, high ceilings, garden views. The location is a 10-minute drive from Jennifer Garner’s house in Brentwood, convenient for co-parenting their three kids: Violet (20), Seraphina (17), and Samuel (14).
Affleck and Garner were spotted together in February hosting a paintball party at Combat Paintball Park in Castaic for Samuel’s 14th birthday. Whatever else is true, Affleck clearly valued proximity to his children over holding onto a share of a money pit.
The Bennifer 2.0 saga has been a whirlwind from start to finish. Affleck and Lopez originally dated from 2002 to 2004. They rekindled things in spring 2021 — 17 years later. They got engaged in April 2022. Had a surprise Las Vegas wedding at the Little White Chapel on July 16, 2022. Followed that with a three-day celebration at Affleck’s estate in Riceboro, Georgia on August 20, 2022.
By early 2023, they were house hunting. They reportedly toured 80 homes before landing on Crestview Manor. Three other deals fell through before they closed in May 2023. By April 2024, Lopez listed their separation date. She filed for divorce on August 20, 2024 — exactly two years after their Georgia wedding. She cited irreconcilable differences and dropped Affleck from her name, reverting to Jennifer Lynn Lopez.
From wedding to divorce filing: two years. From mansion purchase to property transfer: just under three years. They owned that $60 million house for less time than most people keep a car.
The divorce itself was handled by Laura Wasser, Hollywood’s go-to divorce attorney, nicknamed the “disso queen.” The settlement was structured to function like a prenup, since the couple never signed one before getting married. But the mansion kept them financially entangled long after everything else was settled.
Lopez is now the sole owner. The court paperwork suggests she plans to relist at some point. Sources told TMZ that because Lopez received this “huge gift,” she’ll likely still turn a profit whenever a buyer finally shows up, even at a reduced price. Whether that’s true depends entirely on how long she’s willing to absorb those monthly costs and how low the final sale price goes.
For now, the house sits. Five acres, 38,000 square feet, 24 bathrooms, a pickleball court, and no buyer in sight. Affleck called it a “white elephant.” He’s not wrong. But at least it’s not his white elephant anymore.
