Playboy Mansion Up For Sale For $200 Million

The exclusive Playboy mansion is up for sale for a reported $200 million dollars. The mansion includes 29 rooms, tennis court, swimming pool, wine cellar, guest house, game house, movie theater, and of course, the infamous grotto.

At the age of 89, Hugh Hefner is apparently downsizing but there’s a catch —  any buyer must permit Playboy’s founder to continue to live in the house until he moves on.

Izabella St. James, a former Playboy bunny who lived there from 2002 to 2004, says “much of the furniture is old and ratty, the bedding is soiled and tatty, and the dogs who belonged to the bunnies who lived in the mansion relieve themselves on the curtains and carpets.”

Hef and his wife of three years, Crystal, apparently spend their night cozied up on the couch watching old movies. Before the marriage, Hef spent many years sharing his residence with a changing cast of young women, but in 2005, he told Britain’s Telegraph, “I thinned the herd a couple of years ago because there were some rivalries, some petty jealousies and I was trying to emphasize the quality.”

Hefner bought the 20,000-square-foot Los Angeles mansion on five acres in 1971 for $1.05 million and relocated full-time from the original Playboy Mansion in Chicago in 1974. Built in 1927 for the son of Arthur Letts, who was the founder of Los Angeles department stores The Broadway and Bullocks, the home is located in the ritzy Holmby Hills neighborhood, an area that Letts kick-started in 1919 when he bought 400 acres of the Wolfskill Ranch.

Over the years, the mansion has been featured in multiple movies including Sex and the City, Beverly Hills Cop II and Entourage.

With an asking price of $159 million, Hef’s home has replaced the South Florida mansion Le Palais Royal as the most expensive listed single-family home in the United States. The Playboy Mansion selling agents are Mauricio Umansky of The Agency and Drew Fenton and Gary Gold of Hilton & Hyland.