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However, the sale of the home is now under threat after the unknown buyers ‘pulled out of escrow’ following a death in their family.
When a property falls out of escrow, it means that something went wrong with the sale of the property or some other aspect of the transaction.
Once this happens, the property is no longer under contract and be relisted for sale.
The buyers were said to have fallen ‘in love’ with their 38,000-square-foot mansion, which the former couple listed on Zillow for a staggering $68 million in July.
Affleck, 52, and Lopez, 55, paid cash for the estate and ‘spent several million on renovations.’
Additionally, the two-time Oscar winner and superstar had to pay a 5.25 percent mansion tax and ‘hefty fee to the realtors,’ according to TMZ.
Crucially – the proposed sale of the home would mark an important division in the $550million assets of the exes – who famously wed in 2022 without a prenuptial agreement.
Lopez’s assets account for $400million of their wealth treasure chest. Affleck is reportedly worth an estimated $150million.
The property, known as Crestview Manor, includes a 12-bedroom, 24-bathroom main house as well as a 5,000 square foot guest penthouse, plus a two-bedroom guardhouse, a caretaker house and a 12-car garage.
Amenities include a bar, a home gym, a sports lounge, a bar, a boxing ring, basketball and pickleball courts and parking for 80 vehicles.
