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Is Hugh Hefner Selling the Playboy Mansion?

The Rumors Are Wrong: The Deal to Sell the Playboy Mansion Has NOT Fallen Apart

It's possibly the most well-known piece of real estate in the world, and it looked like it was finally going to get purchased since being put on the market back in January for a whopping $200 million. The Playboy Mansion, located in Los Angeles's affluent Holmby Hills neighborhood, has been purchased by someone very close to the girls next door — their neighbor Daren Metropoulos of private equity firm Metropoulos & Co., which owns Hostess Brands. In early August rumors swirled that the deal had fallen apart, but they were just rumors as the home is said to have just closed escrow for a discounted price of $100 million.

A major condition of the sale (and the rumored reason the sale had stalled) was that the new owner would not be able to move into the house until 90-year-old Hugh Hefner passes away. In short, Hef gets to live out the rest of his life there.

Daren was actually uninterested in the home's scandalous history and longtime Bunny residents. "The heritage of this property transcends its celebrity, and to have the opportunity to serve as its steward would be a true privilege," he told WSJ.


Set on just over five acres, the mansion was built in the mid-1920s and has since been passed along from one successful figure to another (philanthropists, entrepreneurs, inventors, and heirs have all lived there). And the estate doesn't stop at the multiwinged main mansion; it also includes commercial and outdoor kitchens, aviaries and animal pens, sprawling lawns and intricate gardens, a luxurious swimming pool complete with a grotto — oh, and a tennis court for good measure.

The house has hosted some of the most epic soirées in history and even served as the set of E!'s series The Girls Next Door.

— Additional reporting by Nicole Yi and Maggie Winterfeldt

Image Source: Everett Collection

Image Source: Everett Collection

Image Source: Getty / David Livingston

Image Source: Everett Collection

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