Adam Levine ponies up $32 million for Pacific Palisades home of Ben Affleck and Jennifer Garner

Former couple Ben Affleck and Jennifer Garner have sold their marital home in Pacific Palisades to singer Adam Levine and his wife, model Behati Prinsloo, for $31.95 million, The Times has confirmed.

Set on three acres of grounds, the Cliff May-designed ranch house has been a popular habitation spot for entertainment elite since Gregory Peck and his first wife, Greta, made their home there in the 1940s and ’50s. Mega-producer Brian Grazer is another former homeowner.

It was during Grazer’s ownership during the mid-’90s that the house was updated, expanded and rebuilt. The renovation left the main structure intact while maximizing canyon, city and ocean views.

The low-slung house has about 8,800 square feet of living space, five bedrooms and eight bathrooms, according to tax records. Grassy fields, landscaping, a swimming pool and a guest house make up the grounds.

Also on the property is an office/gym/art studio.

Affleck and Garner bought the property from Grazer about a decade ago for $17.55 million.

The 46-year-old Affleck received an Oscar for best screenplay for the 1997 film “Good Will Hunting” and won another for “Argo,” the 2012 film he directed and starred in. More recently, he has played Batman in the DC Comics cinematic universe.

Garner, 46, is known for her role on the television series “Alias.” Last year, she appeared in the films “Love, Simon” and “Peppermint” as well as the HBO comedy series “Camping.”

The acting couple’s divorce was finalized in November, according to TMZ.

Levine, 39, is the lead vocalist and guitarist for Maroon 5. The Grammy-winning pop-rock group has hits that include “She Will Be Loved,” “This Love” and “Moves Like Jagger.”

Prinsloo, 29, has been featured in ad campaigns for scores of luxury brands including Juicy Couture and Tommy Hilfiger. After a two-year hiatus, she returned to the runway last year at the Victoria’s Secret fashion show.

For Levine and Prinsloo, the purchase comes roughly nine months after paying $33.9 million for the Beverly Hills home of “Will & Grace” creator Max Mutchnick. The couple also sold two homes on the Westside last year.

neal.leitereg@latimes.com | Twitter: @LATHotProperty