World-Famous Playboy Mansion For Sale
Other than President Obama’s 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.
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 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. 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, 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.
PERFECT HOMES INTERNATIONAL MAGAZINE
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