Actress and singer Jennifer Lopez’s love might not cost a thing, but her Los Angeles mansion cost someone around $10 million.
The multi-hyphenate star had been trying to sell the sprawling property with no luck for two years, despite price cuts that brought the asking price down significantly from its original $17 million price tag to $12.5 million.
But listing records show that “Jenny from the Block” finally found a buyer, with the home entering into contract Thursday, though it seems she had to take a further $2.5 million hit on the price.
While the final price won’t be made public until the sale has closed, TMZ reported that that the mystery buyer agreed to pay $10 million, just $1.8 million more that the singer and her ex-husband Marc Anthony dropped on the home in 2010.
So what did the buyer get for all that cash? Firstly, a lot of celebrity neighbors. The home is set in the exclusive Hidden Hills neighborhood, which is filled with celebrities including Kylie Jenner, Kim Kardashian West, Miley Cyrus and Jessica Simpson.
As for the mansion itself, it’s set on three acres of land with panoramic city views, and has 17,000 square feet of living space, including a nine-bedroom main house looking out onto a large pool and spa area, as well as rolling lawns with direct access to equestrian trails.
But perhaps the most J.Lo-like part of the house is the entertainment wing, which includes a movie theater, a large wood-paneled lounge with a wet bar, a gym/dance studio and a recording studio adorned with framed pictures of her and her albums.
The listing also includes a photo of her huge walk-in closet, where you can see the famous and very revealing green Versace dress she wore to the Grammy Awards ceremony in 2000.
According to property records, the owner of the home is listed as The Jim Bridger Trust, which has the same address as Ms. Lopez’s trademark.
A spokeswoman for Ms. Lopez and listing agent, Brett Lawyer of Hilton & Hyland, did not respond immediately to request for comment.
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