THE PLAYBOY MANSION has been put up for sale for $200 million, but Hugh Hefner doesn’t want to leave.
The 89-year-old has lived in the West Los Angeles estate for the past 45 years and will be allowed to stay on as a condition of the sale.
Hefner wants a lifetime tenancy agreement so he can continue to live in the Gothic Tudor style mansion with his 29-year-old wife Crystal Harris.
In a statement Playboy CEO Scott Flanders said the sale of the 29-room property would help the company “reinvest in the transformation of our business”.
The Playboy Mansion has been a creative centre for Hef as his residence and workplace for the past 40 years, as it will continue to be if the property is sold.
It’s understood that the sale isn’t expected to reach the asking price of $200 million as the highest price ever paid for a private residence in Los Angeles is around $100 million.
The mansion features a game house, home theatre, wine cellar and a swimming pool with a cave-like grotto and comes with a rare zoo license.
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