Playboy mansion up for sale, but Hugh Hefner wants to stay

LOS ANGELES -- The Playboy Mansion is up for sale but longtime resident Hugh Hefner wants to stay put.

Playboy Enterprise announced the West Los Angeles estate, the backdrop of many film shoots and wild parties, was listed on Monday for $200 million.

See Full Article

The 5-acre property features 29 rooms, a game house, home theatre, wine cellar and the famous swimming pool with a cave-like grotto where Playboy bunnies partied with celebrities. The mansion also comes with a rare zoo license.

As a condition of the sale, magazine founder Hefner would get to continue living there as he has since the company bought the mansion 45 years ago for just over $1 million, company spokesman John Vlautin said.

The sale comes as Playboy, which has been has seen its circulation plunge as it competed with more sexually explicit magazines and online porn, seeks to reinvent itself. In October, the magazine that helped launched the sexual revolution, announced that it will stop running photos of completely naked women in its U.S. print edition. The move followed a decision in August 2014 to ban full nudity on its website.

Playboy CEO Scott Flanders says the sale would help the company "reinvest in the transformation of our business" while allowing the 89-year-old Hefner to continue living there.

"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," Flanders said in a statement.

Hefner originally named a home he bought in Chicago in 1959 the Playboy Mansion, but he eventually made the Los Angeles estate, which he dubbed Playboy Mansion West, his permanent home.



Advertisements

Latest Entertainment News

  • Netflix spokesperson says Prince discussed reality show

    Entertainment CTV News
    NEW YORK -- Here's something else we lost with the death of Prince: A Netflix reality series centred on his Paisley Park home in Minnesota. A Netflix spokesperson told The Associated Press on Saturday that the online entertainment company had been in "discussions" with Prince about a series, but that the project did not "come to fruition" before his death in April. Source
  • Kirk Douglas turns 100

    Entertainment Toronto Sun
    BEVERLY HILLS, Calif. — Kirk Douglas knows how to make an entrance. With boxing gloves in every centrepiece and the theme from Rocky blaring over the speakers, Douglas, one of the golden age of Hollywood’s last living legends, walked confidently into the Sunset Room at the Beverly Hills Hotel Friday afternoon to celebrate his 100th birthday at an intimate gathering of friends and family. Source
  • Kim's Convenience fans brave the cold to meet stars of hit CBC show

    Entertainment CBC News
    Fans of Kim's Convenience braved the cold on Saturday to meet stars of the hit CBC show — a sitcom that's shining a spotlight on the Canadian immigrant experience and putting Asian actors front-and-centre. The meet-and-greet at 252 Queen Street East — home of the real-life Kim's Convenience store used for the show — gave fans a chance to meet stars Paul Sun-Hyung Lee, Simu Liu and Jean Yoon. Source
  • 'I stand before you as a doormat'; Madonna condemns music industry's misogyny in Billboard award speech

    Entertainment Toronto Sun
    Madonna blasted the music industry for oppressing women and restricting their freedom during a blistering speech. The 58-year-old pop icon made the comments while accepting the Woman of the Year award at Billboard’s annual Women in Music event on Friday. Source
  • Khloe Kardashian's divorce from Lamar Odom to be finalized Dec. 17

    Entertainment Toronto Sun
    Khloe Kardashian and Lamar Odom will be officially divorced in one week. The reality star’s legal proceedings to split from her estranged husband will finalized on Dec. 17, according to court documents obtained by TMZ.com. Both Khloe and the former basketball star have waived spousal support, and will be equally sharing their joint checking account and their production company Khlomar. Source
  • 'Harry Potter' star Matthew Lewis, aka Neville Longbottom, getting married

    Entertainment Toronto Sun
    Harry Potter star Matthew Lewis is engaged. The 27-year-old British actor popped the question to girlfriend Angela Jones last month while on a romantic trip to Paris, France, according to TMZ.com. The couple met during the annual Celebration of Harry Potter event at Universal Studios’ Wizarding World of Harry Potter in Orlando, Fla. Source
  • Inside Kirk Douglas's intimate 100th birthday celebration

    Entertainment CTV News
    BEVERLY HILLS, Calif. -- Kirk Douglas knows how to make an entrance. With boxing gloves in every centerpiece and the theme from "Rocky" blaring over the speakers, Douglas, one of the golden age of Hollywood's last living legends, walked confidently into the Sunset Room at the Beverly Hills Hotel Friday afternoon to celebrate his 100th birthday at an intimate gathering of friends and family. Source
  • It's about time for a sci-fi film like Arrival

    Entertainment Toronto Sun
    We’ll be doing a lot of soul-searching and head-scratching as awards-season progresses this month. And some of us will savour this brief, shining annual moment when movies are worth arguing about. This week, I submit my own favourite horse in the race — Denis Villeneuve’s Arrival. Source
  • Schwarzenegger: OK Trump is still 'Apprentice' producer

    Entertainment CTV News
    UNIVERSAL CITY, Calif. -- Arnold Schwarzenegger, star of the new version of "Celebrity Apprentice," is unfazed that President-elect Donald Trump has retained a producer's stake in the show. Schwarzenegger said Friday that it's just business, comparable to his situation when he became California's governor and retained a screen credit and kept earning royalties for the "Terminator" movie. Source
  • Madonna's longevity takes centre stage with Billboard honour: 'I'm still standing'

    Entertainment CBC News
    The annual Billboard Women In Music event featured emotional and heartfelt speeches about the uphill battles women face in the music industry, including personal stories from top honouree Madonna and pop singer Kesha. The Material Girl, named woman of the year Friday, was passionate as she spoke onstage in New York about being raped at knifepoint, battling critics, and being called words like "whore," "witch" and "Satan" throughout her career. Source