After buying it from actor Jeremy Piven just last year, Jennifer Lopez and Alex Rodriguez listed their 4,400 square foot home in Malibu Beach with an asking price of $ 7.99 million, Wall Street Journal Reports. This is $ 1.4 million more than what they spent on the property, but that doesn’t take into account the money they spent to fix it.
After purchasing the house, Lopez described her in an interview with Ellen DeGeneres as a “waterfront repairman” and whom Rodriguez hired none other than Joanna Gaines of HGTV. Fixator rods to remodel the house as a surprise for the couple’s second anniversary.
It’s not yet clear exactly how this remodel went, but here’s how the house was described in an old listing:
Located in the heart of Malibu, this property sets the stage for creating an incredible oceanfront oasis. Reworked with a masterful overhaul in mind, the layout maximizes the opportunity to be entertained while taking in the views Breathtaking views of the Pacific Ocean. Spanning over 4,400 square feet on three levels, the house features 5 bedrooms, 4.5 bathrooms and walls of glass doors giving access to the many terraces and 50 feet from direct sandy beach. “
You can also take a look at the property in the video below from Berlyn Media:
The couple known as J.Lo and A-Rod own many other homes, including one in the Hamptons and another in Coral Gables, Florida. They are also selling at least one other property, a New York Madison Square Park penthouse owned by Lopez that is currently on the market for almost $ 25 million. Aside from the real estate front, J.Lo and A-Rod were recently reported as still trying to buy the New York Mets with an anonymous billionaire investor. It has also been said that they are working to maximize their financial resources in preparation for the offer, and perhaps the sale of a few properties is a small part of it.