Hefner's Playboy mansion listed for sale for $200 million

Price is one of the highest for private house in US, but there’s a catch: Hefner gets to stay

The Playboy Mansion in Los Angeles is to go on sale with an asking price of $200 million (€183m), says Playboy Enterprises. Video: Reuters

The Los Angeles mansion of Hugh Hefner, the founder of the Playboy empire, is being put up for sale for $200 million (€183 million), Playboy Enterprises said.

The asking price is one of the highest for a private residence in the United States.

The Gothic Tudor-style mansion, which has an area of nearly 1,858 square meters and boasts 29 rooms, sits amid five acres in Holmby Hills west of the city.

Hugh Hefner at Playboy’s 60th Anniversary  event in 2014 in Los Angeles, California. Photograph: Getty
Hugh Hefner at Playboy’s 60th Anniversary event in 2014 in Los Angeles, California. Photograph: Getty

In addition to amenities such as a tennis court and a free-form swimming pool, the estate is home to the infamous Playboy grotto, which over the years served as the setting for some of Hefner’s most lavish parties.

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The mansion, in which Hefner still lives, also has a zoo license, the company said in a statement announcing the sale.

“The Playboy Mansion has been a creative centre for Hef as his residence and workplace for the past 40 years, as it will continue to be if the property is sold,” the statement added.

Representatives did not specifically say why the company had the decided to sell the property, which was built in 1927 and purchased by Playboy in 1971 for a reported $1.1 million, a figure property agents said was the highest property transaction in Los Angeles history at that time.

The principal agents for the listing are Drew Fenton and Gary Gold of Hilton & Hyland and The Agency's Mauricio Umansky, the husband of actress Kyle Richards of reality television show 'The Real Housewives of Beverly Hills'.

Reuters