Magazine article Variety

J. Lo Chops Price of Lavish Estate in Hidden Hills

Magazine article Variety

J. Lo Chops Price of Lavish Estate in Hidden Hills

Article excerpt

O Hardworking entertainment industry juggernaut Jennifer Lopez - she sings, dances, acts, produces and sells oceans of mid-priced perfume - must be getting pretty itchy to unload her big ol' mansion in LA's Hidden Hills enclave, because she has, in one fell swoop, chopped an exceptionally elephantine two million smackers off the asking price, which now stands at $12.5 million. Lopez, who stars In the TV series "Shades of Blue" and recently began a lucrative 20-concert residency at Planet Hollywood in Las Vegas, purchased the lavishly customized and glamorously turned-out 17,000-plus-square-foot manse in 2010 for $8.2 million, and originally put the three-plus-acre estate up for sale on the open market more than a year ago, with an inhindsight too sanguine price of $17.5 million.

In addition to ample formal living and dining rooms, a paneled study and a capacious kitchen (complete with pricey La Cornue stove and farmhouse sink) that open to an even bigger family room overlooking the swimming pool, the main residence's eight bedrooms and 8. …

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