Jennifer Lopez, Ben Affleck settle on $64M LA mansion

Celebrity properties

By Mary K. Jacob

March 8, 2023 | 18:25

Jennifer Lopez and Ben Affleck have been terrible when it comes to finding their perfect home.

Last month, the newlyweds were in foreclosure on a $34.5 million California home in affluent Pacific Palisades. But at the last second they backed out of buying it.

Instead, it looks like they’ve finally settled on prime real estate from one of the most prominent families in Los Angeles.

Owned by Gregory Milken — one of the city’s wealthiest residents — along with his wife, EJ, the 1.13-acre property in Pacific Palisades was listed not even a week ago before the couple snapped it up.

On the market for $64 million, Gregory, EJ and their five children have lived in the home for more than a decade and bought the property back in 2009 for $14.5 million.

Gregory’s father, Michael Milken, was one of Wall Street’s most powerful financiers in the 1980s — earning distinction for developing high-yield bonds, sometimes called “junk bonds.”

Consisting of six bedrooms and 10 bathrooms, the property spans a whopping 13,000 square feet and comes with a 3,000 square foot guest house with two bedrooms and four bathrooms.

Features include two studios, a media room, an expansive game room that opens to the backyard, two playrooms, an expansive kitchen and family room.

In addition, there is an 800 square meter gym for Lopez to work up a sweat.

The plot has a long driveway that opens onto a large motorway, the ad says.

Outdoor amenities include a resort-style pool and spa, as well as a fire feature.

Fred Bernstein with Westside Estate Agency is handling the listing.

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Lopez, 53, and Affleck, 50, have been touring homes since the summer of 2021. Last March, they were also in contract to buy a $50 million mansion before ultimately deciding against it.

Meanwhile, Lopez has already found a buyer for her French-style, nine-bedroom Bel-Air estate of six years, which she listed for $42.5 million last month.