Hugh Hefner’s playmate palace known simply as The Playboy Mansion has officially hit the market for $200-million, but you better read the fine print before you submit a bid. Hefner has put a clause in the sale that he will retain a life estate in the property, meaning he will be allowed to live there until his death.
The 22,000 square foot, 29-room home, sits on 5 picturesque acres and includes 6 bedrooms & 8 bathrooms, as well as a catering kitchen, wine cellar, home theater, separate game house, gym, tennis court, and of course the infamous free-form swimming pool with cave-like grotto.
The iconic Gothic-Tudor style residence was originally designed by Arthur R. Kelly in 1927 for Arthur Letts, Junior. Playboy purchased the home in 1971 from Louis D. Statham for $1.1-million.
The residence is described as the crown jewel of Los Angeles’ “Platinum Triangle” and is one of the select few private properties in Los Angeles with a zoo license.
Just a short walk down the street is Spelling Manor, former home of Candy & Aaron Spelling, which was listed for $150-million before selling for $85-million to British heiress Petra Ecclestone.
Given the sale price of the famed 56,000 square foot Spelling Manor, it will be interesting to see if The Playboy Mansion will get anywhere close to its $200-million list price.
The mansion has hosted extreme parties attended by the who’s who of Hollywood including stars such as John Lennon and Elvis Presley to Snoop Dogg and Leonardo DiCaprio. MTV Cribs gave viewers an inside look of what life was like at the iconic Playboy Mansion, scroll down to view the 20-minute video.
10236 Charing Cross Rd, Los Angeles, CA