(Photo by Michael Tran/FilmMagic)

Playboy Mansion For Sale at $200 Million

 (Photo by Michael Tran/FilmMagic)
(Photo by Michael Tran/FilmMagic)

The 1927 Playboy Mansion in Los Angeles is for sale at $200 million and featured this week at TopTenRealEstateDeals.com.

Other than The White House, the Playboy Mansion is the most famous home in the United States. The dream home for millions of teen boys, their fathers and grandfathers is now for sale at $200 million.

I was there a few years ago and had to pinch myself I was there. It was a dream of my grandfather’s to go and I hoped to one day bring him there. It’s a lot smaller than I thought.

The Chicago native and Playboy founder Hugh 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, the home is located in the ritzy Holmby Hills neighborhood. Neighbors include the Los Angels Country Club, UCLA and Beverly Hills.

Over the years, Hefner and Playboy Enterprises have spent millions of dollars to renovate, update and expand the estate which includes the 29-room mansion with six bedrooms and baths, a four-bedroom guest house, pool, tennis court, koi pond, catering kitchen, wine cellar with a secret door, gym, zoo facilities, theater with a built-in pipe organ, waterfall, four hot tubs, bathhouse and a grotto. Famous for years of celebrity parties, the home was a frequent star for television and movies including “Sex and the City,” “Beverly Hills Cop II,” “Entourage” and “ESPN Friday Night Fights.”

While the mansion may soon have a new owner, Hefner isn’t going anywhere as it is being sold as a life estate meaning that Hef, age 89, will be able to continue living at the home for the rest of his life. According to the official listing, “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.”

Hef’s home has replaced the South Florida mansion Le Palais Royal asking $159 million 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.

Visit TopTenRealEstateDeals.com for more celebrity, famous and spectacular homes and real estate news.

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