Hugh Hefner’s Playboy Mansion lists for $200 million

By Neil Leitereg with the LA Times

What does $200 million buy in Los Angeles these days? The Playboy Mansion, for one.

The legendary Holmby Hills estate where Hugh Hefner has worked and made his home for four decades is on the market for the nine-figure sum, making it among the priciest residential properties for sale in the United States.

As part of any sale, the 89-year-old Hefner will be allowed remain in residence for the remainder of his life, media reports said.

Among the major works of architect Arthur R. Kelly, the stone-clad Gothic Tudor-style mansion was built for department store scion Arthur Letts Jr. in 1927. Playboy acquired the estate of more than five acres in 1971 for around $1.1 million.

“At the time Hef and Playboy purchased the home, it was the largest real estate transaction in Los Angeles history,” Gary Gold of Hilton & Hyland, an affiliate of Christie’s International Real Estate, said in a news release. Gold holds the listing with Drew Fenton, also of Hilton & Hyland, and Mauricio Umansky of The Agency.

This slideshow requires JavaScript.

Within nearly 20,000 square feet of interiors are 29 rooms including chef’s and catering kitchens, a game room, a wine cellar and a screening room with a built-in pipe organ. The master suite occupies parts of two floors.

The mansion is also among a select number of L.A. properties to have a zoo license.

Grounds where the Midsummer Night’s Dream party unfolds each summer feature a menagerie of aviaries and arboretums holding a collection of exotic birds and monkeys. Albino peacocks and other animals roam freely through rolling lawns and various gardens.

Other amenities include a gymnasium, a tennis court, an orchard and the infamous swimming pool and swim-in grotto. There’s also a four-bedroom guesthouse.

At $200 million, the Playboy Mansion listed price tops that of Palazzo di Amore, the gated Beverly Hills estate developed by entrepreneur Jeff Greene that came to market at $195 million last year. The 53,000-square-foot estate has since seen its price cut to $149 million.

Le Palais Royal, a 60,000-square-foot, Versailles-inspired Beaux Arts mansion in Hillsboro Beach, Fla., returned to market in November for $159 million — a $20-million increase in price from what it originally listed for in 2014.

Jay and Bey’s $45-Million Holmby Hills Rental

jay bey

By Adrian Glick Kudler

Jay-Z and Beyoncé rented this newly-built house in Holmby Hills for about a month, “probably over the summer,” and now it’s mid-September and there arepregnancy rumors floating around. We’re not saying Blue Ivy’s little sibling was conceived in this glassy spec house, but Blue Ivy’s little sibling was almost definitely conceived in this glassy spec house. YOU HEARD THIS WILD AND IRRESPONSIBLE SPECULATION HERE FIRST. Anyway, ever-reliable Real Estalker reports that America’s most important couple paid about $200k to rent the house, which first hit the market in May asking $48 million, then hit the open market in July as its most expensive listing at $45 million. (It’s now the tenth most expensive house for sale in Los Angeles overall.)

The house, built by an Italian developer, comes with seven bedrooms, eight and a half bathrooms, an infinity pool, a wine cellar, a catering kitchen, a 75-foot-long gallery for art, two libraries, theater, tennis court, etc. etc. etc. Bey and Jay rescued the house from terminal uncoolness; the house until now has been best known for appearing on reality television (Million Dollar Listing) and attempting to impress potential buyers at a party with “a red Ferrari Berlinetta, women in little black dresses passing hot and cold hors d’oeuvres, a violinist, [and] a saxophone player.”

This slideshow requires JavaScript.

New to Market 9/9/14

1301 Summitridge Dr, Beverly Hills | $6.6m

5 Beds | 8 Baths | 5,833 sq ft

ONCE KNOWN AS THE LEGENDARY BARRYMORE ESTATE, THIS GRAND HOLLYWOOD ERA RESIDENCE OF CLASSIC PROPORTIONS AND TIMELESS ELEGANCE OFFERS LAVISH FINISHES AND GRACIOUS COMFORTS. EXQUISITE DESIGN, MASTER CRAFTSMANSHIP & OPULENT FINISHES BLEND SEAMLESSLY TO CREATE AN INTERNATIONAL MASTERPIECE WITHIN THE LUXURIOUS ENCLAVE OF BHPO, JUST MINUTES FROM THE HISTORIC BEVERLY HILLS HOTEL. OFFERING A BROAD SWEEP OF ULTRA-PRIVATE, LUSHLY LANDSCAPED GROUNDS WITH OVER-SIZED POOL W/ CABANA WHICH RIVALS ANY BOUTIQUE HOTEL, 2 EXPANSIVE MASTER SUITES WITH GRAND CITY, OCEAN & CANYON VIEWS, 2 ADDITIONAL WELL APPOINTED BEDROOM SUITES AND AN OFFICE, WHICH CAN BE USED AS A 5TH BEDROOM ALL HAVE SPECTACULAR VIEWS, EXCEPTIONAL ENTERTAINING AREAS, A FORMAL 2 STORY LIVING ROOM W/ BEAM CEILINGS & HARDWOOD FLOORS W/ BAR, A FORMAL DINING ROOM W/ A FIREPLACE, FAMILY ROOM, KITCHEN W/ A LARGE CENTER ISLAND & BREAKFAST BAR, LIGHT-FILLED LOGGIA HOUSING THE GYM AND VIEW TERRACES THROUGHOUT.

This slideshow requires JavaScript.

 

104 The Strand, Manhattan Beach | $13.9m

3 beds | 3 Bath | 2,234 sq ft

Beach front. Prime South End Manhattan Beach Strand lot location. Price includes plans for a mega multi million dollar contemporary estate.

This slideshow requires JavaScript.

 

453 Bellagio Ter, Bel Air – Holmby Hills | $8.75m

6 Beds | 8 Baths | 9,465 sq ft

NEWER PRIVATELY GATED TUSCAN VILLA BUILT BY WORLD RE-KNOWN AULERT DEVELOPMENT. FEATURING THE AMENITIES OF A MAJOR ESTATE. GRAND ROOMS INCLUDING A SCREENING ROOM, OFFICE, GAME ROOM, TEMP. CONTROLLED WINE ROOM, FAMILY ROOM,STATE-OF-THE-ART INDOOR AND OUTDOOR KITCHENS WITH NUMEROUS VERANDAS AND BALCONIES TO ENJOY THE ULTIMATE SOUTHERN CALIF.LIFESTYLE. CRESTRON SMART HOME TECHNOLOGY SYSTEM FOR THE MOST DISCERNING BUYER .ELEVATOR. BEAUTIFUL POOL AND SPA. SEVEN CAR GARAGE FOR THE CAR ENTHUSIAST.CONVENIENT LOWER BEL AIR LOCATION.

This slideshow requires JavaScript.