Editor’s Note:

Since J-Lo put her Hidden Hills estate on the market in January, there hasn’t been much interest. So little, in fact, that she’s chopped the asking price almost 15%, and is now listing the place at $14.5 million, according to The Wall Street Journal. It’s a relative bargain, when you compare it to some of the nearby celebrity properties, and consider all you’d be getting. Read on to find out the details.

Now that Kim and Kanye have officially moved in practically right across the street, we watch with “I told you so!” interest as Jennifer Lopez lists her home in Hidden Hills for a modest $17 million. If that doesn’t sound modest to you, consider the fact that Kimye paid $20 million for theirs, and it doesn’t have half the cool amenities.

Kim and Kanye’s may have two swimming pools, which are only ideal for throwing a kid’s party and adult party at the same time, but J-Lo’s has an entire professional entertainment wing, complete with a spacious, state-of-the-art recording studio, a dance studio/gym, a fitting/dressing room that serves as an additional wardrobe, a 20-seat theater, a lounge/saloon with a full-service bar, and a massage salon. That means you could record your next hit, choreograph and rehearse the video for it, costume it, shoot it, watch it, throw a wrap party for it and get a massage afterwards, without ever leaving your home. Think of the money you’d save!

You could also accommodate the cast and crew, because there are nine bedroom suites with their own bathrooms and walk-in closets, (the master also has a fireplace, sitting area and private patio). The entire residence totals 17,129 square feet, and sits on just over three acres inside the very private and chic gated community of Hidden Hills, where properties are separated by horse trails, and Justin Bieber has been banished.

The estate’s other lux features include eight, count ’em, eight fireplaces; a completely remodeled kitchen with new countertop stone, cabinetry, floors, and top-of-the-line appliances such as a La Cornue stove; garage parking for eight and a gated motor court that will handle 20 additional vehicles; manicured gardens; a resort-like pool and spa with an adjacent outdoor kitchen; a large lanai and multiple patios and pergolas.

This gorgeous home has an elegantly lived-in feel, something that the brand spanking new home of Kimye will take some time to acquire. Matthew Gaskill and Alisa Peterson of Sotheby’s International have the exclusive listing.

Jennifer Lopez Puts Her House on Sale