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Ben and JLO The House Hunt is Over!!! In Escrow for $34.5M Mansion

Jennifer Lopez and Ben Affleck have FINALLY found their dream house ... TMZ has confirmed they're in escrow to buy an incredible property in the L.A. area.

The mansion is in the Pacific Palisades area of L.A. -- a super exclusive neighborhood only for the uber-rich.

It's listed for $34,500,000 ... we do not know the agreed-upon price, but it's a good bet it's not far off from the listing price.

The house was built just last year. The seller calls it a Hamptons-style traditional, with 7 bedrooms and 13 bathrooms.  It sits on an acre, which is HUGE for the area.

The house has all the bells and whistles ... a screening room, a gym, pool, wine cellar.  it's also got a health spa -- not sure how that differs from a gym, but apparently, it does.

As we reported, JLo just listed her Bel Air home for $42.5M. Their plan was to upgrade that home, but apparently plans changed and they're movin' west.

As we've been reporting for more than a year,  Ben and Jen have been on a non-stop house-hunting mission, looking at properties as high as $85M, but now they've settled on what looks like an awesome home for less than half the price!!!

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