L.A.’s legendary Playboy Mansion to ask $200M

And it comes with the real Hugh Hefner

TRD New York /
Jan.January 10, 2016 11:00 AM

The legendary Playboy Mansion is set to hit the market for north of $200 million, making it one of the most expensive property listings in the country. However, the new owner would likely raze the existing mansion, which played host to infamous parties for decades.

Built in 1927, the 6-acre Holmby Hills estate will officially hit the market sometime within the next month, a source told TMZ. The source also told TMZ that Playboy Enterprises will most likely never come close to realizing their sky-high asking price. Beyond the notorious history of the house, the value of the property is mostly in the land. A comparable lot recently sold in the area for $60 million.

But there is another catch. The new owner would be required to give Hugh Hefner a life estate, meaning that the famed ladies man would continue to live in the mansion until he dies.


[TMZ]Christopher Cameron


Related Articles

arrow_forward_ios
LA retains dubious distinction as America’s smoggiest city

LA retains dubious distinction as America’s smoggiest city

Rat trap: Amid FBI investigation, L.A. City Hall is literally infested with rodents

Rat trap: Amid FBI investigation, L.A. City Hall is literally infested with rodents

Owners behind LA’s $1B “Mountain” listing reject $400M offer

Owners behind LA’s $1B “Mountain” listing reject $400M offer

Slate Property Group makes first investment in LA with $39M portfolio buy

Slate Property Group makes first investment in LA with $39M portfolio buy

Judd Apatow and Leslie Mann buy Santa Monica penthouse with Old Hollywood ties

Judd Apatow and Leslie Mann buy Santa Monica penthouse with Old Hollywood ties

Scorched hillsides are seen where the Woolsey Fire reached the ocean on November 14, 2018 near Malibu, California. (Photo by DAVID MCNEW / AFP)        (Photo credit should read DAVID MCNEW/AFP/Getty Images)

In the wake of wildfires, experts call for stricter zoning in risky areas

Greenwich Village to Hollywood: NYU plans L.A. extension program for film

Greenwich Village to Hollywood: NYU plans L.A. extension program for film

The Closing: Stephen Kotler

The Closing: Stephen Kotler

arrow_forward_ios
Loading...