J. Lo Cuts Price of Sprawling Bel Air Estate Just Months After Listing It
Jennifer Lopez listed her Bel Air mansion in early February for $42.5 million and the triple-threat acting/singing/dancing superstar appears to be pretty serious about selling. Or at least, that’s what a recent price cut portrays. Lopez may sing “Love Don’t Cost a Thing,” but her L.A. residence sure does—now asking $39.995 million.
After tying the knot with fellow A-lister Ben Affleck last summer, it makes sense Lopez wants to get the property off her hands. No stranger to the real estate game, J. Lo is looking for much more than what she shelled out for the property in 2016. The star paid $28 million when she bought the listing from actress Sela Ward and entrepreneur Howard Sherman.
The 14,000-square-foot main residence and eight-acre property is likely what you would expect from an individual with so much star power. Originally designed by architect Samuel Marx, several structures have been since been added. Stone and wood elements give the home a familiar sense of warmth, while steel windows and doors add an industrial flair. High ceilings and ample glass then create an airy yet dramatic atmosphere.
J. Lo seems to have perfected the balance between curating a retreat from the spotlight and an entertainment destination. An infinity pool, terraces with lounging areas, and fire pit are extensions of the living spaces. A movie theater and a 100-seat outdoor amphitheater are ideal spots to host events. Plus, a guesthouse/studio/gym, an entertainment pavilion with a full kitchen, and a private lake are tucked away on the property.
Brett Lawyer of Carolwood Estates holds the gated, high-profile listing.