Playboy Mansion for Sale!
Playboy Mansion for Sale!
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LOS ANGELES - Still remember The Playboy Mansion, the backdrop of some of the wildest parties building ever thrown in LA. Now, that mansion is for sale.
As TMZ reported, the 6 acre Holmby Hills estate which built in 1927, will be listed sometime within the next month. Our real estate sources say the owner, Playboy Enterprises is looking to get somewhere north of $200 million.
Real estate sources with knowledge of the area say the owners are dreaming when it comes to price. They say the reality is the house is a tear down and the real value is the acreage and that a comparable lot sold recently in the area for $60 million, but the sources say because of its history the Mansion could go for anywhere between $80 million and $90 million.
Our sources say they believe the people at Playboy Enterprises will come back down to reality and list the estate at a realistic number. There are several strings attached. We're told whoever buys it will be required to give Hugh Hefner a life estate, meaning he can continue to live in the mansion until he dies.
The Playboy Mansion (also known as the Playboy Mansion West) is the home of Playboy magazine founder Hugh Hefner. In Holmby Hills, Los Angeles, California, nearby Beverly Hills, the mansion became famous during the 1970s through media reports of Hefner's lavish parties.
The Playboy Mansion is used for various corporate activities and serves as a valuable location for television production, magazine photography and for online, advertising and sales events. It also hosts various charitable events and civic functions.
As TMZ reported, the 6 acre Holmby Hills estate which built in 1927, will be listed sometime within the next month. Our real estate sources say the owner, Playboy Enterprises is looking to get somewhere north of $200 million.
Real estate sources with knowledge of the area say the owners are dreaming when it comes to price. They say the reality is the house is a tear down and the real value is the acreage and that a comparable lot sold recently in the area for $60 million, but the sources say because of its history the Mansion could go for anywhere between $80 million and $90 million.
Our sources say they believe the people at Playboy Enterprises will come back down to reality and list the estate at a realistic number. There are several strings attached. We're told whoever buys it will be required to give Hugh Hefner a life estate, meaning he can continue to live in the mansion until he dies.
The Playboy Mansion (also known as the Playboy Mansion West) is the home of Playboy magazine founder Hugh Hefner. In Holmby Hills, Los Angeles, California, nearby Beverly Hills, the mansion became famous during the 1970s through media reports of Hefner's lavish parties.
The Playboy Mansion is used for various corporate activities and serves as a valuable location for television production, magazine photography and for online, advertising and sales events. It also hosts various charitable events and civic functions.
(rnz)
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