Playboy Mansion to go on sale for $200 million; includes 89 year old Hugh Hefner as a BFF.

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Allicrombie

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#1  Edited By Allicrombie
Member since 2005 • 26223 Posts

Deep-pocketed homebuyers can soon bid millions on the Playboy Mansion — as long as they’re also OK shacking up with 89-year-old Hef.

Playboy Enterprises will put the storied Los Angeles dwelling on the market for $200 million within the next month, reports TMZ.

There’s just one catch: The buyer will have to give magazine publisher Hugh Hefner a life estate, which entitles the octogenarian to live in the mansion until his death.

Potential buyers will reportedly be allowed to tour the 29-room Holmby Hills house as long as they stay out of Hefner’s bedroom.

But the steep asking price may be unrealistic. The property, apparently worth more for its six acres than the house itself, will likely sell for closer to $80 to $90 million, according to TMZ’s real estate sources.

In a 2011 lawsuit alleging that Hefner had vastly undervalued the mansion when he took his company private, shareholders reportedly pegged the house’s value at $54 million.

Listings website Zillow estimates that the 89-year-old estate, which Hefner bought for $1.05 million in 1971, is currently worth close to $34 million.

A rep from Playboy Enterprises has not yet returned the Daily News’ request for comment.

_______

Might just be me, but it seems like I could find way better ways to spend $200 million.

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foxhound_fox

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#2 foxhound_fox
Member since 2005 • 98532 Posts

I'd rather buy a bunch of porn than the mansion.

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mattbbpl

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#3  Edited By mattbbpl
Member since 2006 • 23024 Posts

Good news everyone! I, too, will sell you my house for slightly double the appraised value as long as you let me continue to to live in it.

Don't mind me. Just making myself at home.

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Master_Live

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#4  Edited By Master_Live
Member since 2004 • 20510 Posts

If it comes with the Playboy bunnies then I might buy it when I win the Powerball later tonight.

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TheHighWind

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#5 TheHighWind
Member since 2003 • 5724 Posts

@Master_Live said:

If it comes with the Playboy bunnies then I might buy it when I win the Powerball later tonight.

You must live in florida. It's up to one billion.

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Allicrombie

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#6 Allicrombie
Member since 2005 • 26223 Posts

@Master_Live: I'm sure you and Hef can work out something.

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Hallenbeck77

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#7 Hallenbeck77  Moderator
Member since 2005 • 16878 Posts

Hef can live there, but he'd have to learn to live with my quirky habits of randomly soaping floors, jumping out of closets wearing scary masks, and running around the house while rottweilers are chasing me. A person can hurt if they aren't careful.

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deactivated-598fc45371265

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#8 deactivated-598fc45371265
Member since 2008 • 13247 Posts

Hefner would make a perfect aged butler, I suppose.

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Wilfred_Owen

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#9 Wilfred_Owen
Member since 2005 • 20964 Posts
@Storm_Marine said:

Hefner would make a perfect aged butler, I suppose.

Michael Keaton buys it. Becomes Batman. Boom. Dark Knight Returns coming 2020 to a theater near you.

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Dogswithguns

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#10 Dogswithguns
Member since 2007 • 11359 Posts

And Hef still living in the mansion?!... hell no, I don't wanna see his naked butt everyday.

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Archangel3371

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#11  Edited By Archangel3371  Online
Member since 2004 • 44100 Posts

If I had the money I'd buy that. Hugh could be my 'wingman'.

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indzman

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#12 indzman
Member since 2006 • 27736 Posts

Throw is some of the beautiful Playboy girlfreinds of Hugh living in the house, and they got a deal XD

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one_plum

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#13 one_plum
Member since 2009 • 6821 Posts

@foxhound_fox said:

I'd rather buy a bunch of porn than the mansion.

I'd rather stream porn than buy porn.

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MlauTheDaft

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#14  Edited By MlauTheDaft
Member since 2011 • 5189 Posts

I'm pretty sure it's valued at around 40 million ;)

Kickstarter anyone?

Edit: I learned to read now. It's actually 34 mil.... What is he thinking?

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LexLas

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#16 LexLas
Member since 2005 • 7317 Posts

@mattbbpl said:

Good news everyone! I, too, will sell you my house for slightly double the appraised value as long as you let me continue to to live in it.

Don't mind me. Just making myself at home.

Thats how i see it also, lol .. Crazy !

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Allicrombie

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#17 Allicrombie
Member since 2005 • 26223 Posts

@MlauTheDaft said:

I'm pretty sure it's valued at around 40 million ;)

Kickstarter anyone?

Edit: I learned to read now. It's actually 34 mil.... What is he thinking?

They are saying because of the history, its expected to sell at auction for between 80 and 90. That extra 50 mil for history is a heck of a markup.

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PSP107

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#18 PSP107
Member since 2007 • 18792 Posts

@Dogswithguns: . "hell no, I don't wanna see his naked butt everyday."

You probably won't even see him in a house with 29 rooms.

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MlauTheDaft

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#19 MlauTheDaft
Member since 2011 • 5189 Posts

@Allicrombie said:
@MlauTheDaft said:

I'm pretty sure it's valued at around 40 million ;)

Kickstarter anyone?

Edit: I learned to read now. It's actually 34 mil.... What is he thinking?

They are saying because of the history, its expected to sell at auction for between 80 and 90. That extra 50 mil for history is a heck of a markup.

I'd say that having to keep good old Hugh around is plenty of markup though ;)

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Allicrombie

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#20 Allicrombie
Member since 2005 • 26223 Posts

@MlauTheDaft: The real question is, if you win that powerball lottery, would it be worth spending that $600 million to buy the place and do a decent restoration ?