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Times of India·3 min read·easy

Adam Levine bought Affleck-Garner estate for $31.95m, sold it for $51m in 2022

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TOI REAL ESTATE DESK
Adam Levine bought Affleck-Garner estate for $31.95m, sold it for $51m in 2022
✦AI Summary

A Pacific Palisades estate previously owned by Ben Affleck, Jennifer Garner, and Adam Levine has sold for $51 million. The property is noted for its architectural history and succession of high-profile owners.

Why it matters

The sale reflects the high-end luxury real estate market trends in Southern California and the premium placed on celebrity-owned properties.

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Some celebrity homes are built to impress, others become landmarks in their own right, passing through the hands of Hollywood royalty before becoming coveted real estate. In Pacific Palisades, a sprawling estate with a multi-generational history has done both. It was previously owned by actors Ben Affleck and Jennifer Garner, and later became the private retreat of Maroon 5 frontman Adam Levine and model Behati Prinsloo before selling for an estimated $51 million.The Los Angeles Times reported that Levine and Prinsloo bought the three-acre compound from Affleck and Garner in 2018 for $31.95 million. The sale was a big win financially for the musician and his wife, turning the estate into one of the costliest home sales in Southern California in 2022, the report says.A Hollywood heritageThe report says the property's appeal far exceeds its celebrity owners.

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