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(NewsNation) — Jennifer Lopez and Ben Affleck are finally divorced, and while neither is paying the other any alimony, they’re both still paying through the nose.
Actress Jennifer Lopez and actor Ben Affleck attend the premiere of Revolution Studios’ and Columbia Pictures’ film “Gigli” at the Mann National Theatre July 27, 2003 in Westwood, California. “Gigli” opens nationwide on August 1, 2003. (Photo by Kevin Winter/Getty Images) 
LOS ANGELES – FEBRUARY 9: Actor Ben Affleck (L) and his fiance actress/singer Jennifer Lopez arrive at the premiere of “Daredevil” at the Village Theatre on February 9, 2003 in Los Angeles, California. (Photo by Kevin Winter/Getty Images) 
Jennifer Lopez, right, and Ben Affleck pose for photographers upon arrival at the premiere of the film ‘The Last Duel’ during the 78th edition of the Venice Film Festival in Venice, Italy, Friday, Sept. 10, 2021. (Photo by Joel C Ryan/Invision/AP) 
FILE – Cast member Jennifer Lopez, right, and Ben Affleck attend a photo call for a special screening of “Marry Me” at DGA Theater on Feb. 8, 2022, in Los Angeles. The couple have obtained a marriage license in Nevada, according to court records posted Sunday, July 17, 2022. (Photo by Jordan Strauss/Invision/AP, File) 
PARIS, FRANCE – JULY 26: Jennifer Lopez and Ben Affleck are seen at the Louvre Museum on July 26, 2022 in Paris, France. (Photo by Pierre Suu/GC Images) 
LOS ANGELES, CALIFORNIA – FEBRUARY 05: Jennifer Lopez and Ben Affleck seen during the 65th GRAMMY Awards at Crypto.com Arena on February 05, 2023 in Los Angeles, California. (Photo by John Shearer/Getty Images for The Recording Academy) 
LOS ANGELES, CA – NOVEMBER 19: Jennifer Garner and Ben Affleck are seen on November 19, 2016 in Los Angeles, California. (Photo by BG004/Bauer-Griffin/GC Images) 
FILE – Ben Affleck, left, and Jennifer Lopez arrive at the premiere of “This Is Me… Now: A Love Story” on Tuesday, Feb. 13, 2024, at the Dolby Theatre in Los Angeles. (Photo by Jordan Strauss/Invision/AP, File) 
Ben Affleck, left, and Jennifer Lopez attend the premiere of “The Last Duel” on Oct. 9, 2021, in New York. (Photo by Evan Agostini/Invision/AP, File)
The couple has been unable to sell their white elephant of a mansion in the “lowbrow” area of Wallingford Estates despite real estate being precious in the area since the LA fires last month.
How much is the mansion costing Jennifer Lopez and Ben Affleck?
As a source told me last year, “The property taxes alone on that house are $762,000 a year — and another $750,000 to insure it and maintain it. So, whoever buys it, they’re out at least $1.5 million per year just to keep the lights on.”
Which means Lopez and Affleck are each wasting around $63,000 per month ($125,000 split evenly) just to keep the monstrous home in working order and ready to be sold.
The “garish” home is still idling on the market for $68 million as it’s horrifically overpriced, way too big and in an undesirable location.
What is Jennifer Lopez and Ben Affleck’s mansion worth?
“That house is actually worth between $40 and $50 million,” my insider said, explaining, “It’s in a terrible location. Wallingford Estates is a gated community with no guard. Most homes in the area are from the 1970s and are worth between $5-10 million. This is just a huge white elephant. It’s garish, too big and dated with amenities that are just silly and not necessary (like an indoor sports complex).”
The home, a 38,000-square-foot monstrosity, has 12 bedrooms, a mystifying 24 bathrooms (two for each bedroom!), sits on 5 acres, has a 12-car garage and a state-of-the-art gym, boxing ring and pickleball court.
Moreover, the real estate investor said: “The house is ugly. It was built in 2001 by a mediocre developer with just bad taste in architecture … it’s a mishmosh of styles with a faux French roof. When it was built, it sat on the market for years and was listed at $100 million, so maybe (Affleck and Lopez) thought they got a deal for buying it at $61 million. But remember, they also put millions into renovating it to their tastes.”
This year, the couple will likely bite the bullet and reprice the home to actually sell — and finally put an end to their marriage.