Jennifer Lopez’s $28m Bel-Air estate sold for about $34m, below asking

For a property built for the kind of life most people only see in movies, Jennifer Lopez’s Bel Air estate finally took its final bow in 2023. According to a report by Architectural Digest, seven years after the singer and actor bought the sprawling California retreat, the eight-acre compound changed hands for roughly $34 million—less than its ambitious asking price, but still a healthy gain on its original purchase.A profitable exitLopez bought the French Country-style estate in 2016 for $28 million, reports Architectural Digest. She later put the property on the market for $42.5 million in February, hoping to capitalize on its expansive grounds, privacy and unusually extensive amenities. The eventual sale, at about $34 million, came in $8.5 million below the original asking price.