Playboy Mansion Sells to Neighbor; Allows Bunny Patriarch Lifetime Living

AddThis Social Bookmark Button

Hugh Hefner sold his Holmby Hills Mansion for a cool $100Million, half of the original listing price, to his neighbor, Daren Metropoulos, the owner of Hostess Snack Foods. The Playboy Enterprises founder will live out his days dolling out $1M annually for expenses.

Other than the White House, the Playboy Mansion is the most famous home in the United States. The dream home for millions of teen boys, their fathers and grandfathers was listed for sale at $200 million.

Chicago native and Playboy founder Hugh Hefner bought the 20,000-square-foot Los Angeles mansion on five acres in 1971 for $1.05 million and relocated full time from the original Playboy Mansion in Chicago in 1974.

Built in 1927 for the son of Arthur Letts, who was the founder of Los Angeles department stores The Broadway and Bullock's, the home is located in the ritzy Holmby Hills neighborhood, an area that Letts kick-started in 1919 when he bought 400 acres of the Wolfskill Ranch. Neighbors include the Los Angeles Country Club, UCLA and Beverly Hills.

Over the years, Hefner and Playboy Enterprises have spent millions of dollars to renovate, update and expand the estate which includes the 29-room mansion with six bedrooms and baths, a four-bedroom guest house, pool, tennis court, koi pond, catering kitchen, wine cellar with a secret door, gym, zoo facilities, theater with a built-in pipe organ, waterfall, four hot tubs, bathhouse and a grotto.

Famous for years of celebrity parties, the home was a frequent star for television and movies including Sex and the City, Beverly Hills Cop II, Entourage and ESPN Friday Night Fights.

While the mansion has a new owner, Hefner isn't going anywhere as it is being sold as a life estate meaning that Hef, age 89, will be able to continue living at the home for the rest of his life. According to the official listing, “The Playboy Mansion has been a creative center for

Hef as his residence and workplace for the past 40 years, as it will continue to be if the property is sold.”

Hef's home had replaced the South Florida mansion Le Palais Royal asking $159 million as the most expensive listed single-family home in the United States. The Playboy Mansion selling agents are Mauricio Umansky of The Agency and Drew Fenton and Gary Gold of Hilton & Hyland.

 

Images courtesy of Top Ten Real estate deals and used with permission.

Source: toptenrealestatedeals.com

 

Haute Tease

Crime

  • Doctoral Candidate Held in Dark Knight Rises Mass Murder Spree

    AddThis Social Bookmark Button

    A lone gunman opened fire in a  filled to capacity Colorado theater killing 12 and wounding over fifty during the midnight opening screening of the Warner Bros film "The Dark Knight Rises."

     
  • Murder Suspect James DiMaggio Killed in FBI Shootout

    AddThis Social Bookmark Button

    James Lee DiMaggio, the man suspected of kidnapping Hannah Anderson and murdering her mother and brother has been killed in a shootout with law enforcement officers in the Cascade Mountains of Idaho.

     
  • Mom Charged in Newborn’s Homicide

    AddThis Social Bookmark Button

    Amanda Catherine Hein, 26, recently gave birth to a healthy baby boy in the bathroom of a local Bethlehem, Pennsylvania sports bar and promptly smothered him to death and stuffed his remains in the toilet tank.

     
  • Five Dead in Washington State Rampage; Third Mass Shooting This Week, Second in 24 Hours

    AddThis Social Bookmark Button

    The last 24 hours have been particularly violent as two separate Mass shootings, in Hesston, Kansas and Belfair, Washington became the second and third of this bloody February leap year with a Kalamazoo, Michigan Uber driver being the first.

     
  • Kim Kardashian West Robbed at Gunpoint; Kanye West Cancels Concert Mid-Song Citing "Family Emergency"

    AddThis Social Bookmark Button

    Kim Kardashian West, reality television star and wife of musician Kanye West, was robbed at gunpoint of $10million dollars in jewelry while staying at a private residence in Paris for Fashion Week, according to media reports and her publicist.

Theatre, Music, Books

  • San Diego Jazz Fest Features Traditional Jazz, Swing, Boogie Woogie, Rockabilly, Gospel, and Ragtime

    AddThis Social Bookmark Button

    San Diego, California, For Immedite Release - The San Diego Jazz Fest takes place November 26-November 30 and will feature over thirty bands and guest artists from across the U.S. playing for dancing and listening in seven venues.

     
  • Seven Continents Book Review - The World At Your Fingertips

    AddThis Social Bookmark Button

    Seven Continents, from Schiffer Publishing, brings together an unforgettable fifteen year collection of photography amassed through personal travel by Dr. Mohan Bhasker, of unique and remarkable imagery, the expected and the unexpected captures, across each continent.

     
  • Broadway's Best: Celebrating the Music of Ron Abel

    AddThis Social Bookmark Button

    Birdland, the legendary Manhattan Jazz Club, played host for two nights only to celebrate, one of Broadway's best and Hollywood's hottest talents, composer and musical genius Ron Abel.

     
  • Adventures on the Queen Mary Review - Stunning, Beautiful, A Must Have

    AddThis Social Bookmark Button

    Adventures on the Queen Mary, by Dave Wooders with James Radford, a book for those who have dreamed of traveling the high seas, in all the style of a bygone era and the opulence of the Queens luxury.

     
  • A California Closing Review – The Perfect Set of Characters for A Summertime Read

    AddThis Social Bookmark Button

    Ready for a digital detox? Looking for the perfect summer read, a purely fun, page turner, turned down corners, smudged pages, a no app necessary, trashy, romance novel or high brow biography; soft or hard a genuine book?