Overview
- Reports in mid‑July say a prospective buyer who had placed a deposit withdrew from escrow, leaving the Wallingford Residence unsold and its public listings pulled.
- Legal documents published earlier this year show Ben Affleck transferred his share of the property to Jennifer Lopez, making her solely liable for future broker fees, taxes and closing costs.
- The estate was bought in 2023 for roughly $60.85–61 million and has been relisted repeatedly, falling from an initial $68 million to about $49.95 million, a level that would likely produce a loss on resale.
- The 12‑bedroom, multi‑amenity mansion—with pools, sports courts, gym, guest penthouse and room for dozens of cars—has drawn high‑profile interest but not a completed sale, highlighting limited demand for ultra‑large single‑owner compounds.
- If Lopez relists or accepts a near‑$50 million offer, broker commissions, local transfer taxes and closing costs will reduce her net proceeds and prolong the personal and financial task of disposing of the former marital home.