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

  • Ben Stiller and wife Christine Taylor announce separation

    Entertainment CTV News
    Actor Ben Stiller, left, and wife Christine Taylor during Stiller's Hand & Footprint Ceremony at TCL Chinese Theatre on Tuesday, December, 3, 2013, in Los Angeles. (Richard Shotwell / Invision / AP) Source
  • David Hasselhoff denied Leonardo DiCaprio 'Baywatch' role

    Entertainment Toronto Sun
    Leonardo DiCaprio’s parents are still sore with David Hasselhoff for refusing to cast their son as his kid on Baywatch. Hasselhoff admits he ran into DiCaprio and his folks at the Cannes Film Festival premiere for The Great Gatsby in 2013 — and they still remembered the snub. Source
  • Anthrax wants to back up Lady Gaga

    Entertainment Toronto Sun
    Anthrax has offered to hit the road as Lady Gaga’s backing band after watching her front Metallica at the Grammy Awards. The Poker Face singer joined Metallica for a performance of their song Moth Into Flame at the Staples Center in Los Angeles, and it was enough to convince guitarist Scott Ian that she should have a heavy rock act behind her at all times. Source
  • Chris Cornell of Soundgarden laid to rest in Hollywood

    Entertainment CBC News
    Music's elite and celebrities remembered Chris Cornell at a somber memorial service Friday that focused on the Soundgarden frontman's love of family and friends as much as it did on his musical achievements as one of rock's leading voices. Source
  • 'Embracing our girl power:' Alamo cinema chain doubles down with more ladies-only Wonder Woman screenings

    Entertainment CBC News
    The Alamo Drafthouse movie chain said this week it's "embracing our girl power" with women-only screenings of Wonder Woman at least two theatres in the U.S., but the move has left some men angry at being left out. Source
  • 'Embracing our girl power:' Movie chain doubles down on ladies-only Wonder Woman screenings

    Entertainment CBC News
    The Alamo Drafthouse movie chain said this week it's "embracing our girl power" with women-only screenings of Wonder Woman at least two theatres in the U.S., but the move has left some men angry at being left out. Source
  • Pirates of the Caribbean vs. Baywatch

    Entertainment CBC News
    There's a rumble at the multiplex this weekend as the latest Pirates of the Caribbean installment looks to take on Baywatch. At first glance the fifth Pirates film may seem to have the deck stacked in its favour, but don't count out what Dwayne Johnson describes as "The Avengers of the beach. Source
  • The latest Pirates of the Caribbean vs. Baywatch

    Entertainment CBC News
    There's a rumble at the multiplex this weekend as the latest Pirates of the Caribbean installment looks to take on Baywatch. At first glance the fifth Pirates film may seem to have the deck stacked in its favour, but don't count out what Dwayne Johnson describes as "The Avengers of the beach. Source
  • Brad Pitt, Pharrell among mourners at Chris Cornell memorial

    Entertainment Toronto Sun
    LOS ANGELES — Brad Pitt and Pharrell joined mourners Friday at Soundgarden frontman Chris Cornell’s memorial service at a storied Hollywood cemetery. Soundgarden music played from a portable speaker outside the cemetery’s gates as a group of about a dozen fans gathered outside. Source
  • Paris Jackson mistaken for homeless person on set of new movie

    Entertainment Toronto Sun
    Michael Jackson’s teenage daughter Paris was left stunned after she was mistaken for a homeless person on the set of her new movie. The young actress detailed the surprising mix-up in a pair of Twitter posts on Thursday after she arrived to start work on director Nash Edgerton’s as-yet-untitled film for Amazon Studios. Source