Hefner’s home listed for $200m

Published Jan 12, 2016

Share

New York - The Playboy Mansion, the home of Hugh Hefner and the setting of wild parties with celebrities and centrefolds, is for sale. The price tag: $200 million.

The roughly 20 000-square-foot (1 900-square-metre) Los Angeles property, which Hefner bought for $1.05 million in 1971, includes a 29-room mansion with a catering kitchen, wine cellar, home theatre, gym, tennis court and swimming pool with a cave-like grotto.

It is also one of the few private residences in Los Angeles with a zoo licence, according to a statement from Playboy Enterprises, which owns the property and leases it back to Hefner.

“The Playboy Mansion has been a creative centre for Hef as his residence and workplace for the past 40 years, as it will continue to be if the property is sold,” Playboy Enterprises CEO Scott Flanders said in a statement.

The mansion’s listing is just the latest big change for Playboy Enterprises, which was taken private in a 2001 buyout led by Hefner.

In October, the company said it would stop showing nudity starting in March 2016, marking the first time its famous “Playmates” won’t be naked since Hefner introduced the magazine in 1953.

BLOOMBERG

Related Topics: