You can live with Playboy founder Hugh Hefner for $200 million. The nearly 20,000-square-foot mansion is 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 property features 29 rooms and an additional four-bedroom guest house. It is one of only a handful of Los Angeles homes with its own zoo license. Drew Fenton and Gary Gold of Hilton & Hyland and Mauricio Umansky of The Agency are the listing agents.
Though the Playboy Mansion is a finished home, it might not actually be move-in ready. Former Hefner “girlfriends” have described the house itself as dated and tired. Model Carla Howe told a British tabloid that Hefner ‘almost never leaves home and refuses to change anything in the mansion — the whole place feels like it’s stuck in the 1980s.
The Playboy Mansion, situated on 5 acres in Los Angeles’ Holmby Hills, hit the market Monday for $200 million. With a catch. Hefner, the founder of Playboy Enterprises who has lived in the home for four decades, doesn’t want to move out. His continued residence there even after the property sells is a condition of the sale, says company spokesman John Vlautin.
“If a buyer is found for the Playboy Mansion, Mr. Hefner will continue to live at the mansion for the rest of his life,” he told USA TODAY.
Meanwhile, the sale is a strategic decision that will allow Playboy “to continue to reinvest in the transformation of our business,” CEO Scott Flanders said in a statement.
Hefner has lived in the house with a rotating cast of girlfriends over the years. He bought the home in 1971 for just over $1 million. Once notorious but now mostly tamed, the mansion has not been especially relevant in popular culture for years. Its naughty reputation for sybaritic luxury has faded, along with that of the Playboy magazine, as sex and nudity migrated to the Internet and to cable TV.
But its recent return to headlines may have been unwelcome: At least two of the nearly 60 accusers of Bill Cosby have claimed he drugged and/or sexually assaulted them at the mansion, where he once was a frequent guest, in episodes dating as far back as 1965 and as recently as 2008.
The Hustler Honeys could soon displace the Playboy Bunnies at Hugh Hefner’s Los Angeles party palace.
Hustler execs want to make an offer on the iconic mansion and confirmed that an internal memo obtained by Confidenti@l expressing their interest is the real deal. Though we’re told that the $200 million asking price is out of the question and that Hefner, 89, and his “dirty sheets” would not be part of the deal.
“Larry (Flynt) and I have talked about it and are preparing a bid,” says Harry Mohney, whose Déjà Vu company operates the Larry Flynt’s Hustler Club chain, which includes a Manhattan location on W. 51st St. “We feel it is an excellent place for The Hustler Club and Hustler Mansion.” According to Mohney, Hustler would move their own staff into the 29-room estate and host “at least” three parties per week for VIP guests. He also says those gatherings would out-Hef the parties Hefner has been throwing there for 45 years.
Mohney also says that “Hefner could not live in the mansion” and that Hef’s old pal – accused serial rapist Bill Cosby – will never step foot on the estate again if Hustler moves in. The memo states that Hefner would be held liable for any lawsuits that might emerge from past misdeeds on the property. Hustler’s sudden interest in the Playboy Mansion – provided that it isn’t a publicity stunt – has changed dramatically in recent days.
When the estate went up for sale last week, Flynt told TMZ he had no interest in getting in bed with his old rival. “I like my own toys and I don’t want his dirty sheets,” the Hustler honcho said at the time. But according to Mohney, Flynt’s position has changed.
Source: Usatoday.com Forbes.com Nydailynews.com