Industry News

The Playboy Mansion could’ve been yours for $200 million

Buyer gets more than just an infamous mansion
  • The Playboy Mansion was listed for $200 million but sold at an undisclosed price.
  • The new owner cannot move in until Hugh Hefner dies.
  • The 5.3 acre property is one of only a few in Los Angeles that has a private zoo license.

That's right, the Playboy Mansion was for sale. It could be haunted by the ghosts of fashion and cover models, celebrity whispers and Hollywood gossip. Some lucky guy will now get to spend the rest of his life wondering about the debauchery that took place within the walls. However, he'll have to wait until the current resident, Hugh Hefner, moves on to another life. Part of the closing deal is the buyer can't move on the property until Hefner passes. The house was listed by Gary Gold and Drew Fenton at Hilton & Hyland and broker Mauricio Umansky of The Agency. Despite predictions and square footage value, the home was listed for $200 million. According to the Wall Street Journal, the home was purchased at an undisclosed price by Daren Metropoulos, Hefner's neighbor. Metropoulos is a principle at the private-equity firm Metropoulos & Co. Although he did pay what Hilton & Hyland president Jeff Hyland said was the highest figure anyone has ever paid for a resi...