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

  • Keira Knightley thought 'Pirates' franchise would be a 'disaster'

    Entertainment Toronto Sun
    Director Richard Curtis has recalled how Keira Knightley once worried Pirates Of The Caribbean would be “a disaster”. In an op-ed for the Radio Times magazine on Friday, Curtis shared that the actress still wasn’t sold on the idea of the pirate franchise after she had finished working on his 2003 romantic comedy Love Actually. Source
  • One Direction's Liam Payne becomes a dad

    Entertainment Toronto Sun
    One Direction star Liam Payne is a new dad following the birth of his first son. The singer and his girlfriend, former Girls Aloud star Cheryl Cole, have confirmed the happy news about the baby boy, who arrived on Wednesday. Source
  • Woody done with weed

    Entertainment Toronto Sun
    Is what Woody Harrelson said in a vulture.com interview true? Has the one true Prince of Pot (sorry, Mark Emery) given up smoking marijuana for more than a year and counting? “Who’s next? Willie Nelson? Snoop Dogg?” asks filmmaker Ron Mann. Source
  • 'Justice League' trailer suggests film will be lighter in tone than 'Batman v Superman'

    Entertainment Toronto Sun
    The Justice League is coming together — literally — in the new trailer for the superhero film, which finds Batman, Wonder Woman, Aquaman, Cyborg and the Flash teaming up for the first time ever on the big screen. Source
  • 'I’m the schmuck who landed on the taxiway': Harrison Ford says he was distracted when he flew over plane

    Entertainment Toronto Sun
    LOS ANGELES — Actor Harrison Ford said he was distracted and concerned about turbulence from another aircraft last month when he mistakenly landed on a taxiway at a Southern California airport after flying low over an airliner with 116 people aboard, according to an audio recording released Friday. Source
  • Mindy Kaling's Newark joke leads to dinner with U.S. politician Cory Booker

    Entertainment CBC News
    A joke about Newark, New Jersey, on The Mindy Project led to dinner plans between U.S. Sen. Cory Booker and star Mindy Kaling. Her character joked after hearing that Booker had come to her colleague's event that "I guess anything to get out of Newark, huh?" Source
  • Adam Sandler continues as Netflix's biggest star

    Entertainment Toronto Sun
    NEW YORK — Netflix is doubling down on Adam Sandler. The streaming giant has extended its deal with the comedian for four more feature films. As part of a previous four-movie deal, Sandler has already produced and starred in two films for Netflix. Source
  • Public memorial service to honour Carrie Fisher, Debbie Reynolds

    Entertainment CBC News
    Stars and fans will gather Saturday for a public memorial to honour late actresses Debbie Reynolds and Carrie Fisher nearly three months after their deaths. The ceremony honouring the lives of the mother-daughter duo will be held at Forest Lawn-Hollywood Hills, the storied cemetery that is their final resting place. Source
  • Harrison Ford says he was 'distracted' when he flew over airliner

    Entertainment CBC News
    Actor Harrison Ford said he was distracted and concerned about turbulence from another aircraft last month when he mistakenly landed on the wrong place at a Southern California airport after flying low over an airliner with 116 people aboard, according to an audio recording released Friday. Source
  • Public memorial service to honour Fisher and Reynolds

    Entertainment CTV News
    LOS ANGELES -- Stars and fans will gather Saturday for a public memorial to honour late actresses Debbie Reynolds and Carrie Fisher nearly three months after their deaths. The ceremony honouring the lives of the mother-daughter duo will be held at Forest Lawn-Hollywood Hills, the storied cemetery that is their final resting place. Source