Overview
- Reports say a prospective purchaser who had placed a substantial deposit walked away, causing the deal to collapse and returning the property to the market.
- Two days earlier Lopez’s broker had told outlets the house was in escrow and an offer was accepted, but later reports contradicted that account.
- Los Angeles County records show Lopez took full ownership of the Wallingford Drive estate as part of her February 2025 divorce settlement with Ben Affleck.
- Lopez and Affleck bought the home for $60.9 million in May 2023 and the listing has been reduced from an initial $68 million to about $50 million after two years and multiple price cuts.
- The failed sale sharpens the financial stakes for Lopez because journalists’ estimates say she could face a loss on the sale plus sizable costs such as the city mansion tax and broker commissions, and the listing is likely to return to the market.