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

Reuters

By Chris Michaud

Jan 11 (Reuters) – The iconic Los Angeles mansion of Hugh
Hefner, the founder of the Playboy empire, is being put up for
sale for $200 million, Playboy Enterprises said, one of the
highest asking prices for a private residence in the United
States.

The Gothic Tudor-style mansion, which has an area of nearly
20,000 square feet (1,858 square meters) and boasts 29 rooms,
sits amid five acres in Holmby Hills west of the city.

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, hedonistic parties.

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 center 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 largest real estate
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”.

(Editing by Miral Fahmy)

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