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Levine's $19M Profit on Affleck-Garner Mansion
25 Oct
Summary
- Adam Levine bought the property in 2018 for $31.95 million.
- The home spans 9,000 sq ft with luxury amenities.
- Levine sold the estate in 2022, profiting $19.05 million.
The estate, once owned by actors Ben Affleck and Jennifer Garner, was purchased by Maroon 5 frontman Adam Levine in 2018 for USD 31.95 million. This 3-acre property has a rich Hollywood history, previously belonging to figures like Gregory Peck and Brian Grazer. The main residence, a ranch-style house from the late 1930s, was redesigned by Levine and his wife, supermodel Behati Prinsloo, with a warm, minimalist aesthetic.
The 9,000-square-foot living space is spread across three structures, including a guest house and a wellness pavilion. It boasts a Dolby-sound screening room, a game room, a marble bar, and a commercial refrigerator, alongside a pool and a basketball court. The property offers expansive views from Downtown LA to the Pacific Ocean.
In 2022, Levine sold the meticulously renovated estate for USD 51 million, marking one of Southern California's highest property transactions that year. This sale resulted in a gross profit of approximately USD 19.05 million, representing a nearly 60% appreciation over a 3.5-year period.
