FOX Business Flash Headlines for June 3
Luxurious L.A. Residence Previously Owned by Ben Affleck and Jennifer Garner Changes Hands for $9.5M Beyond Initial Listing Amount
Check out what's making a splash on FoxBusiness.com.
The once shared Brentwood abode of celeb duo, Ben Affleck and Jennifer Garner, just hit a new wallet-draining owner!
After only seven days on the market, this iconic home - now worth more than the initial $9.5 million asking price after multiple offers - is officially off the market! Reports claim Garner first purchased the home back in 2004 for a mere $5.5 million, and Affleck moved in post their 2005 nuptials. The couple then sold it to a financial whiz and his better half in 2009[1].
Not just Affleck and Garner, the star-studded Brentwood estate has played host to many A-listers, including Cindy Crawford and Randy Gerber[2]. In fact, it served as the breathtaking backdrop for the 2017 film "Home Again" starring Reese Witherspoon[3].
This 1929 Mediterranean-style beauty is like a timeless fashion piece, blending modern vibes with old-world charm. The 4,151-square-feet, four-bedroom, five-bathroom home rests on a quarter-acre lot.
To reach this paradise, guests have to pass a wooden gate guarded by towering hedges leading to a gravel driveway and a carport boasting beamed ceilings and French doors[3]. A must-see courtyard, adorned with a fountain, lies at the front yard's heart.
The charming living room greets visitors with its beamed ceilings, a wood-burning fireplace, and original red terracotta floor tiles. This room boasts an enormous floor-to-ceiling window, filling the space with natural light, and offering stunning backyard pool views. The room's cozy ambiance is further enhanced by sconce lighting and picturesque wall decor[3].
The formal dining room boasts the same terracotta-tiled floor, offering a relaxing vibe complemented by multiple windows and double doors leading to the lush backyard[3]. A sizable wooden table suitable for seven serves as the room's centerpiece[3].
The cozy family room features light hardwood flooring, large windows, and a spacious sliding door merging indoor and outdoor spaces. Seating areas designed for royal comfort surround a large screen TV, ideal for family evenings or entertaining guests[3].
The villa's pièce de résistance is the ample primary bedroom, featuring a majestic wood-paneled cathedral ceiling, generous windows, and a fireplace for those chilly California nights. A grand rug lays on the hardwood floors while a floor-to-ceiling mirror showcases the spacious room further[3].
The outside is just as enchanting, showcasing numerous seating areas, an outdoor dining area with a wood-burning fireplace, and expansive grass fields[3]. The backyard delights with a dining table fit for a feast, a large pool surrounded by emerald green grass, and cozy seating areas[3].
A newly-acquired celebrity home, previously owned by Ben Affleck and Jennifer Garner, has been purchased by an investor in the finance sector. This real-estate property, once sold by the celebrities to another couple, has now appreciated in value since its initial purchase in 2004. The star-studded Brentwood estate, known for its appearances in entertainment, such as the 2017 film "Home Again", provides a luxurious backdrop with its modern vibes and old-world charm.
