Beverly Hills, California — Actor Ben Affleck has transferred his ownership stake in a luxury estate valued at $60 million to his ex-wife Jennifer Lopez, relinquishing around $26 million in equity without financial compensation. According to court documents filed in April 2026, Affleck’s choice reflects more than just altruism as he seeks to sever financial ties post-divorce.
The mansion, named Crestview Manor, has attracted considerable scrutiny due to its mounting upkeep costs, exceeding $283,000 monthly, while remaining unsold since its last listing. Industry experts describe Affleck’s gesture as a strategic decision to escape the ongoing financial burden rather than an act of goodwill. Sources close to the situation indicate that “paying to be done” was Affleck’s primary motivation, signaling a swift departure from their past.
Affleck and Lopez purchased the 38,000-square-foot estate in May 2023, complete with extravagant features, including a 12-car garage, an indoor sports complex, and extensive guest accommodations. Despite its grand appeal, the property had struggled to attract buyers. Originally listed at $135 million in 2018, it saw price reductions over the years, ultimately changing hands for about $60.85 million after extensive renovations.
Upon attempting to sell, the couple’s strategy proved ineffective. After an initial listing at $68 million in July 2024, they dropped the price multiple times over the next year, reflecting a willingness to absorb potential losses. The property was taken off the market twice due to a lack of interest, even as California’s luxury market thrived in 2025.
Ongoing property expenses further complicated matters, costing Affleck and Lopez about $1,100 per day in taxes alone. Insiders revealed the weight of maintaining the mansion became a daunting reminder of their once-shared life. With their divorce finalized in January 2025, the property became the last significant link between the former couple.
In an updated court filing, the terms outline that while Affleck’s transfer removes his financial responsibility for Crestview Manor, Lopez assumes full ownership along with all future costs associated with the estate. This arrangement positions her to benefit from any potential appreciation in value, but she will also bear the burden of any losses or ongoing expenses.
Despite the transition, Lopez continues to reside at the mansion. She had already secured a second property in Hidden Hills for $17.5 million shortly before their separation, where she is currently undertaking renovations. Sources have indicated that while Lopez is focused on her new home, she remains committed to Crestview Manor.
Affleck, meanwhile, found his own residence in Pacific Palisades in August 2024, prioritizing proximity to their children. He and ex-wife Jennifer Garner have been spotted together since their split, demonstrating a strong co-parenting relationship that contrasts with the challenges surrounding the sale of Crestview Manor.
The couple’s relationship trajectory has captivated public interest. After initially dating from 2002 to 2004, Affleck and Lopez reconnected in 2021, culminating in a whirlwind marriage in 2022. However, their shared dream of creating a home together at Crestview Manor has quickly unraveled, reflecting the complexities often intertwined with high-profile relationships.
Now, with the estate fully in Lopez’s hands, observers speculate on the future of Crestview Manor. Whether the once-prominent property can finally find a buyer, or if Lopez will assume the costs indefinitely, remains to be seen. Affleck’s candid acknowledgment of the estate as a “white elephant” may very well define its fate as the market evolves.