Hugh Hefner's Playboy Mansion sells for $100 million

But Hefner gets to live there for the rest of his life...

Hugh Hefner's Playboy Mansion sells for $100 million

The famed Los Angeles Playboy mansion belonging to Hugh Hefner, founder of the Playboy empire, has been sold for $100 million, and Hefner, 90, will live in the mansion for the rest of his life.

The property was bought by Daren Metropoulos for half of the $200 million it was initially listed for earlier this year.

Metropoulos said Hefner's 1927 Gothic Tudor-style mansion, which has an area of 20,000 square feet (1,858 square metres), had a "rich and storied legacy" and is a "masterpiece in design."

Hefner and Playboy didn't comment on the sale.

The property, which was purchased by Playboy in 1971 for a reported $1.1 million, sits amid 5 acres (2 hectares) in Holmby Hills, west of Los Angeles, and includes 29 rooms, a tennis court and a free-form swimming pool - and has a zoo license.

It is home to the famous Playboy grotto, which over the years served as the setting for some of Hefner's most lavish, hedonistic parties.

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