The now-divorced couple Ben Affleck and Jennifer Garner bought a sprawling Los Angeles estate for $32 million less than two years ago. After a video tour of the home last summer, the Grammy-winning musician told Architectural Digest that he would never leave and the house was not for sale… so don’t even think about it for at least a year!
But that was then! Now, TMZ reports that Levine and his supermodel wife Behati Prinsloo are flipping the property again, asking for a substantially higher $57.5 million price. As Kurt Rappaport of Westside Estate Agency is selling the property only to prequalified buyers, lookie-loos are out of luck.
The list price is a whopping $25 million more than Levine and Prinsloo paid for the ranch-style residence, but they did renovate the interiors with the mother-son duo Clements Design during their tenure. Mark Rios was also hired to spruce up the grounds by the famed landscape architect.
Cliff May designed and built the site in the late 1930s, and it has been renovated and extended numerous times over the years. It was previously owned by Gregory Peck and Brian Grazer, who sold it to Affleck and Garner for .5 million in 2009.
A historical lesson will likely lead to Levine and Prinsloo making out like bandits if they prevail. In an off-market deal last summer, the pair sold their century-old Montecito estate for $28.5 million – $5.8 million more than they had just paid three months before – to an as-yet-unidentified buyer. The couple sold their glam 1930s Beverly Hills estate for .5 million to Ellen DeGeneres and Portia de Rossi only a year after purchasing it for under $34 million. The same house was then flipped for million to prominent venture capitalist Mood Rowghani and his wife Tara Dhingra by DeGeneres and de Rossi.
The property includes three structures on over 3 acres of land, nestled securely behind a gated driveway in the Riviera neighborhood of Pacific Palisades. A total of 10 bedrooms and 14 bathrooms are located in about 16,000 square feet — the main house and a four-bedroom guest house both with kitchens and living/dining areas, as well as yoga/offices and gyms.
As for the main house, it features 9,000 square feet of elegantly contemporary yet inviting living space rife with plaster walls, natural light wood floors and high ceilings. Besides the gym, family rooms with wet bars, and Dolby Digital movie theaters/arcades, the hotel also offers glitzy amenities. It features seamless indoor-outdoor environments, as well as stunning views of downtown L.A. and the ocean.
It features lush lawns, numerous walking paths, a platform for enjoying the view, a resort-style pool and spa, a sunken conversation pit centered around a fire pit, and a basketball court.
