Playboy Mansion For Sale

This is pretty cool real estate news: The Playboy mansion is for sale. Only it comes with a big hitch: it comes with a fossil. A living fossil. Once you buy it, Hugh Hefner will stay with the mansion.

 

Hugh Hefner’s Playboy Mansion has just hit the market with a list price of $200 million, making it the most expensive completed home currently for sale in the U.S.

 

The home is approximately a 20,000-square-foot mansion on five acres in Holmby Hills, a neighborhood that together with Bel Air and Beverly Hills form what is known as Los Angeles’ Platinum Triangle. The Playboy Mansion has 29 rooms and an additional guest house. Everyone has heard it has a pool too, with its famous cave. Parties at the Playboy Mansion often highlighted the Playboy Grotto, the mansion’s artificial cave with a whirlpool spa. Listing materials point out that the property also has the usual high-end features of a catering kitchen, wine cellar, home theater, gym, tennis court, and swimming pool. It is also one of only a handful of homes with its zoo license! The listing is listed by agents Drew Fenton and Gary Gold of Hilton & Hyland and Mauricio Umansky of The Agency.

 

Speculation for large pieces of land like a 5-acre parcel has been going up, up, up in LA in recent years.

 

 

Developers have been clamoring for sites like these. At this time it seems as if Hefner’s Playboy estate is the most expensive finished home currently on the market. Two unfinished Los Angeles properties will aim to meet or beat the Playboy Mansion’s price. A 100,000-square-foot mansion under construction in Bel Air by luxury developer Nile Niami is being marketed with a listing price of $500 million. That home reportedly won’t be completed until 2017. Another luxury developer, Mohamed Hadid, has reportedly said he will price the 30,000-square-foot mansion he is building at $200 million.

 

 

Though the Playboy Mansion is a finished home, it might not be move-in ready for most people who spend $200 Million. Former Hefner “girlfriends” have described the house itself as dated, tired, and in need of a huge renovation. Model Carla Howe told a British tabloid that Hefner ‘rarely leaves home and refuses to change anything in the mansion — the whole place feels like it’s stuck in the 1980s.’

 

So it might be the property’s size and location may be its strongest selling point. It is certainly not the fact that you would get Hefner, an 89-year-old man as your roommate. He has stipulated that he will have a life estate even if you buy the property, allowing him to stay there until he passes.

 

Maybe you can negotiate the sale, then add in a clause where you get some private time with Hef. It would be kind of funny to buy the house, and go to visit Hef for some stories, huh?