Jennifer Lopez, Ben Affleck settle on prominent $64M LA billionaire’s mansion

Real Estate

Jennifer Lopez and Ben Affleck have been wishy-washy when it comes to finding their perfect home.

Last month, the newlyweds were in escrow for a $34.5 million California home in affluent Pacific Palisades. But at the last second, they pulled out of buying it.

Instead, it looks like they may have finally settled on prime real estate from one of the most prominent families in Los Angeles.

Owned by Gregory Milken — one of the city’s wealthiest residents — along with his wife, EJ, the 1.13-acre property in Pacific Palisades listed not even a week ago before the couple scooped it up.

Hitting the market for $64 million, Gregory, EJ and their five children have lived in the home for more than a decade, purchasing the property back in 2009 for $14.5 million.


The home spans over 13,000 square feet and comes with a 3,000 square-feet guest house.
The home spans over 13,000 square feet and comes with a 3,000-square-foot guest house.
Westside Estate Agency

The family room.
The family room.
Westside Estate Agency

The library.
The library.
Westside Estate Agency

The kitchen.
The kitchen.
Westside Estate Agency

A hallway.
A hallway.
Westside Estate Agency

Gregory’s father, Michael Milken, was one of Wall Street’s most powerful financiers during the 1980s — and gained distinction for the development of high-yield bonds, sometimes called “junk bonds.”

Made up of six bedrooms and 10 baths, the property spans a colossal 13,000 square feet and comes with a 3,000-square-foot two-bedroom, four-bathroom guest house.

Features include two studies, a media room, an expansive game room that opens out to the backyard, two playrooms, an expansive kitchen and a family room.


The formal dining room.
The formal dining room.
Westside Estate Agency

The movie theater.
The movie theater.
Westside Estate Agency

A reading room.
A reading room.
Westside Estate Agency

One of six bedrooms in the main home.
One of six bedrooms in the main home.
Westside Estate Agency

A dressing room.
A dressing room.
Westside Estate Agency

Additionally, there’s an 800-square-foot gym for Lopez to get her sweat on.

The grounds feature a long driveway that opens to a large motor court, the listing says.

Outdoor amenities includes a resort-style pool and spa, and a fire feature.

Fred Bernstein with Westside Estate Agency holds the listing.

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Lopez, 53, and Affleck, 50, have been touring homes since the summer of 2021. Last March, they were also in contract to buy a $50 million mansion before ultimately deciding against it.

Meanwhile, Lopez has already found a buyer for her French-style, nine-bedroom Bel-Air property of six years that she listed for $42.5 million last month.

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