Hugh Hefner’s six-acre Playboy Mansion in Los Angeles will be put on the market next month, TMZ reported.
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According to TMZ, owner Playboy Enterprises is looking to fetch around $200 million from its sale.
However, there are reportedly some strings attached to the sale of the mansion. Whoever buys the mansion will reportedly be required to allow Hefner to continue to live at the home for the rest of his life. The Playboy Mansion’s historic reputation could lift its eventual sale value to around $US80 million to $US90 million, property analysts have forecast. 25-year-old Playboy Bunny Carla Howe described living in the house as “like being in prison”, and that the bedrooms were dingy, and felt “cold and unused”.
The mansion features a game house, home theater, wine cellar and a swimming pool with a cave-like grotto and comes with a rare zoo license.
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. Forbes also cited the Zillow appraisal for the house as $33 million.
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Given its history, do you think the Playboy Mansion is overpriced at $200 million? However, a former Playboy Playmate has said the mansion is “stuck in the 1980s”, according to the OCRegister. However, real estate sources who know the area well are of the opinion that the quoted amount is too high. “That’s absurd”, said Realtor Rory Barish, who has sold numerous properties in the area.
