Showing posts with label Hugh Hefner. Show all posts
Showing posts with label Hugh Hefner. Show all posts

Sunday, January 10, 2016

Is The Playboy Mansion For Sale? New Rumors About Hugh Hefner"s Los Angeles ...


Playboy Mansion - MTV CRIBS - Hugh Hefner

You may be able to own the Playboy Mansion but the property comes with its current tenant, Hugh Hefner. Although the 89-year-old hasnt officially listed his Los Angeles home, the nearly 22,000 square-foot house is rumored to be hitting the market next month.

TMZ reports that the six acre Holmby Hills estate will be listed in February with the whopping price tag of over $200 million. And while the mansion boasts 29 rooms including a wine cellar and screening room the sites real estate sources say that the famous Playboy Mansion is not worth the big bucks.

Insiders tell TMZ that the house is a tear-down and that the six acres is the real selling point. However, comparable lots only recently sold at $60 million.

While the Playboy Mansion was home to some of the wildest parties in its prime, there have been reports over the years that it has become rundown. Some Playboy followers may remember that an editor for Vice visited the mansion in 2013 for a screening of the movie Parker. Instead of watching the film, he wandered around and took pictures of the depressing property, which he described as really, really sad.

But the fact that the Playboy Mansion is going on the market or the hefty price tag isnt the craziest thing about the situation. TMZ reports that there are several strings attached for the potential buyer.

Were 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 site reports.

If the condition of the property or keeping its current occupant doesnt bother you, the Playboy Mansion does have some pretty impressive history. It was built in 1927 for Arthur Letts Jr., the son of Broadway department store founder Arthur Letts, and eventually bought by a chess aficionado named Louis D. Statham. According to Thrillist, Playboys parent company, Icon Acquisitions Holdings, purchased the property in 1971 for a reported $1.1 million. Hugh Hefner allegedly pays fair market rent to live there.

As previously mentioned, the house includes a wine cellar and screening room, but thats not all. A gaming compound is located just off the main house, as well as a pool, grotto and zoo. Hugh Hefners wife, Crystal Hefner, revealed to The Hollywood Reporter in 2014 that the zoo is home to monkeys, cockatoos, peacocks, African cranes, parrots, pelicans and many other animals.

Playboy Magazine founder Hugh Hefner lives at the Playboy Mansion with his wife, Crystal Hefner. Pictured: Hugh Hefner and Crystal Hefner attend Playboy Mansion"s Annual Halloween Bash in Los Angeles, California, on Oct. 25, 2014. Photo: Getty

Source: http://www.ibtimes.com/playboy-mansion-sale-new-rumors-about-hugh-hefners-los-angeles-property-2258217

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