After a failed sale, Ben Affleck and Jennifer Lopez take their mansion off the market.

Ben Affleck and Jennifer Lopez have taken their lavish Beverly Hills mansion off the market after a year of unsuccessful attempts to sell it, a source told People magazine.

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On the other hand, the source explained that the separated couple, Ben and J.Lo, had hoped to sell the 38,000-square-foot property for $68 million, but the real estate market was not in their favor. The source said, "While they were hoping to sell the property, they were also reluctant to incur a significant loss."

"They lowered the price to attract more buyers, but after receiving no serious offers, they were advised to withdraw the property from the market," he added, explaining that the decision was mutual and made purely on a commercial basis.

The real estate source continued: "The market is currently very difficult for sellers, especially in this price range, and waiting for market conditions to improve is the smartest option at this stage."

Ben Affleck and Jennifer Lopez purchased the home in May 2023, before officially announcing their divorce in 2024 after two years of marriage. Jennifer Lopez and Ben Affleck had decided to reduce the price of their $68 million Bel Air, California home. According to a TMZ report, the former couple reduced the exorbitant price by $8 million. This is a huge reduction, and will likely negatively impact their financial budget, as they purchased the huge home for $60,850,000 in May 2023.

The website added that Penn had been pressuring the "Unstoppable" actress to lower the price because he wanted to sell it, and after the Grammy Award-winning singer hesitated, she relented and allowed him to lower the price. The home has allegedly been on the market since July 2024.

Informed sources told the DailyMail that the $68 million price tag is excessive, and that there is an additional issue related to the high insurance premiums for a home located in a hilly area where vegetation is dense and prone to fire.