You will be redirected back to your article in seconds

The Playboy Mansion About to Be Sold?

SELLER: Playboy Enterprises
BUYER: Daren Metropoulos
PRICE: We heard around $120 million
SIZE: 20,000 square feet

YOUR MAMA’S NOTES: We first heard it this morning from Our Fairy Godmother in Bel Air and quickly received covert confirmations from a slew of informants including Yolanda Yakketyyak, Rod Iron and Caren Cracklebush that The Playboy Mansion is in escrow and about to be sold to businessman — and next door neighbor — Daren Metropoulos. We can’t confirm the rumors but more than one informant told this property gossip the sale price of the world renown estate, which hit the market to much publicity earlier this year with an asking price of $200 million, is right around $120 million.

The 5.3-acre spread, in the hoity-toity Holmby Hills ‘hood, includes a 29-room Gothic Tudor mansion of around 20,000-square-feet plus a separate four-bedroom guesthouse, a catering kitchen capable of feeding hundreds at a time, an extensive wine cellar, home theater, separate structure that houses a huge game room, gym, tennis court and, of course, the massive free-form swimming pool and cave-like spa grotto where over the decades untold numbers of box office superstars and other assorted Hollywood heavy hitters have cavorted with the dozens of scantily clad and artificially enhanced young women who are in regular attendance at the estate’s frequent soirees. The property is one of the few in Los Angeles with a zoo permit, according to online listings, and includes a large aviary and several pens for exotic animals.

The main residence was designed by celebrated architect Arthur Kelly and built in the mid-1920s for department store heir Arthur Letts, Junior. It was later owned by Louis Statham, a prolific inventor and avid chess player, who sold it to Hugh Hefner in 1971 for a then record breaking $1.05 million.

Young Mister Metropoulos, the fortunately born 30-something-year-old son of billionaire investor C. Dean Metropoulos — the man responsible for saving the Twinkie and owning the Pabst Blue Ribbon beer empire, previously popped up in all the property gossip columns in 2009 when he paid $18 million in cold hard cash for the estate immediately next door, the former Hefner family home that was sold by Hugh Hefner’s second ex-wife, former Playboy Playmate Kimberly Conrad.

UPDATE (Later same day): The sale of The Playboy Mansion comes with the stipulation that Mister Hefner, now 90 years old, remain in residence until his death after which, a representative told The Wall Street Journal, Mister Metropoulos plans to combine the neighboring estates into a single, 7.3-acre compound.

The estate is listed with Mauricio Umansky at The Agency and Gary Gold and Drew Fenton at Hilton & Hyland.

Listing photos: The Agency

More Dirt

  • Annie Potts House

    Film and Television Veteran Annie Potts List Mid-Century Sherman Oaks Home

    Veteran film and television star Annie Potts and husband James Hayman appear to have caught a classic case of the Celebrity Real Estate Fickle, setting a mid-century residence in a secluded neighborhood just below Mulholland Drive in the foothills above Sherman Oaks, Calif., out for sale at $1.795 million after they bought it just over [...]

  • Ben McKenzie House

    ‘Gotham’ Star Ben McKenzie Sells Gotham Condo (EXCLUSIVE)

    “Gotham” star Ben McKenzie has sold a condo at the eco-minded Riverhouse complex in New York City’s Battery Park City that was last listed at $2.675 million. (Property records do not yet reflect a purchase price.) Married in 2017 to his Brazilian born and New York City raised “Gotham” co-star Morena Baccarin, the former “O.C.” [...]

  • Harry Styles House

    Harry Styles Still Seeking Sale of Sunset Strip Villa

    After more than 2.5 years on and off the market with an original asking price that pushed up on $8.5 million, British pop music phenom Harry Styles now has his modern villa above L.A’s Sunset Strip listed at $6.995 million. Once carrying costs, improvement expenses and real estate fees are calculated, the heavily tatted-up 25-year [...]

  • Vanessa Hudgens House

    Vanessa Hudgens Seeks Sale of Longtime Studio City Home

    Actress, recording artist and “So You Think You Can Dance” judge Vanessa Hudgens has her longtime home in the foothills above Studio City, Calif., up for sale at $3.85 million. The “High School Musical” franchise alum, who had a plum role earlier this year in the technical issue riddled televised musical “Rent: Live” and is [...]

  • Vance Owen Bel Air Mansion

    Producer Vance Owen Upgrades to Bel Air Mansion (EXCLUSIVE)

    Though he produced one of 2018’s worst performing and universally excoriated films, the John Travolta-starring biopic flop “Gotti,” personal injury attorney and prolific B-movie producer Vance Owen has nonetheless upgraded his real estate circumstances from a celeb-pedigreed Sunset Strip contemporary to an almost $6.9 million Mediterranean-inspired villa in the rustic-luxe upper reaches of L.A.’s Bel [...]

  • Armie Hammer Buys Hancock Park Mansion

    Armie Hammer Slides Into Hancock Park Traditional (EXCLUSIVE)

    A quietly dignified residence on in Los Angeles’ historic and historically well-to-do Hancock Park neighborhood has been sold for a tetch more than $4.7 million to an anonymous trust, and two ear-the-ground tattletales, including ever-reliable real estate yenta Yolanda Yakketyyak, swear the new owners are “On the Basis of Sex” star Armie Hammer and actress/baked [...]

More From Our Brands

Access exclusive content