Playboy Mansion Sells to Neighbor; Allows Bunny Patriarch Lifetime Living

AddThis Social Bookmark Button

Hugh Hefner sold his Holmby Hills Mansion for a cool $100Million, half of the original listing price, to his neighbor, Daren Metropoulos, the owner of Hostess Snack Foods. The Playboy Enterprises founder will live out his days dolling out $1M annually for expenses.

Other than the White House, the Playboy Mansion is the most famous home in the United States. The dream home for millions of teen boys, their fathers and grandfathers was listed for sale at $200 million.

Chicago native and Playboy founder Hugh Hefner bought the 20,000-square-foot Los Angeles mansion on five acres in 1971 for $1.05 million and relocated full time from the original Playboy Mansion in Chicago in 1974.

Built in 1927 for the son of Arthur Letts, who was the founder of Los Angeles department stores The Broadway and Bullock's, the home is located in the ritzy Holmby Hills neighborhood, an area that Letts kick-started in 1919 when he bought 400 acres of the Wolfskill Ranch. Neighbors include the Los Angeles Country Club, UCLA and Beverly Hills.

Over the years, Hefner and Playboy Enterprises have spent millions of dollars to renovate, update and expand the estate which includes the 29-room mansion with six bedrooms and baths, a four-bedroom guest house, pool, tennis court, koi pond, catering kitchen, wine cellar with a secret door, gym, zoo facilities, theater with a built-in pipe organ, waterfall, four hot tubs, bathhouse and a grotto.

Famous for years of celebrity parties, the home was a frequent star for television and movies including Sex and the City, Beverly Hills Cop II, Entourage and ESPN Friday Night Fights.

While the mansion has a new owner, Hefner isn't going anywhere as it is being sold as a life estate meaning that Hef, age 89, will be able to continue living at the home for the rest of his life. According to the official listing, “The Playboy Mansion has been a creative center for

Hef as his residence and workplace for the past 40 years, as it will continue to be if the property is sold.”

Hef's home had replaced the South Florida mansion Le Palais Royal asking $159 million as the most expensive listed single-family home in the United States. The Playboy Mansion selling agents are Mauricio Umansky of The Agency and Drew Fenton and Gary Gold of Hilton & Hyland.

 

Images courtesy of Top Ten Real estate deals and used with permission.

Source: toptenrealestatedeals.com

 

Haute Tease

  • Foodies & Wine Enthusiasts: Food & Wine Festival at Capella Pedregal

    AddThis Social Bookmark Button

    Capella Pedregal, located in Cabo San Lucas, offers culinary enthusiasts the chance to indulge in a delicious foodie experience at the hotels annual Food & Wine Festival from July 9 through July 13, 2014.

     
  • Tribeca Film Festival Announces The 2017 Juried Award Winners

    AddThis Social Bookmark Button

    The 16th Tribeca Film Festival announced the winners of its competition categories with top awards going to Keep the Change for Best U.S. Narrative, Son of Sofia for Best International Narrative, and Bobbi Jene for Best Documentary.  

  • Cheryl Boone Isaacs Re-Elected Academy President

    AddThis Social Bookmark Button

    BEVERLY HILLS, CA – Cheryl Boone Isaacs was re-elected president of the Academy of Motion Picture Arts and Sciences Tuesday night (August 5) by the organization's Board of Governors. In addition, Jeffrey Kurland was elected first vice president, Leonard Engelman and John Bailey were elected to vice president posts, Dick Cook was elected treasurer, and Bill Kroyer was elected secretary.

     
  • Del Frisco Grille NYC Review - Tender Twists on Comfort Food Classics

    AddThis Social Bookmark Button

    When I travel to New York City, I seek out those venues where I can be “one with the natives” and immerse myself in the local culture to get a true sense of an area. Sometimes such gastronomic gems are hiding in plain sight, as is the case with Del Frisco Grille New York.

     
  • Trombone Shorty & Orleans Avenue To Take The Stage At Governors Ball On Oscar® Sunday

    AddThis Social Bookmark Button

    Renowned musician and Grammy® Award nominee Troy "Trombone Shorty" Andrews, with his band Orleans Avenue, is set to perform at the Governors Ball, the Academy's official post-Oscars® celebration, on Sunday, February 28, 2016.  

Crime

  • Murder Suspect James DiMaggio Killed in FBI Shootout

    AddThis Social Bookmark Button

    James Lee DiMaggio, the man suspected of kidnapping Hannah Anderson and murdering her mother and brother has been killed in a shootout with law enforcement officers in the Cascade Mountains of Idaho.

     
  • Justice Watch: Prosecutor to Seek Death Penalty in Toddler Torture Murder

    AddThis Social Bookmark Button

    Scott McMillan, the toddler murdered by his mother and her lover of one month, was buried one week ago in a tiny casket supplied by a local mortuary in a graveside service attended by his remaining family members, aunts, uncles, grandmother.  

     
  • Alpine High School Active Shooter Story Unfolds Differently; Officer Involved Shooting Wounds One

    AddThis Social Bookmark Button

    A freshman girl in West Texas committed suicide with a single self-inflicted gunshot this week after wounding a fellow female student at Alpine High School after the directed incident escalated resulting in an officer involved shooting of a fellow first responder.

     
  • Crime City USA: The Top Thirty Murder Capitals

    AddThis Social Bookmark Button

    Crime rates are decreasing across large cities in the United States, but murder rates are on the rise.  

  • New Jersey Man Free After 30 Year Sentence Murders Again

    AddThis Social Bookmark Button

    Steven Pratt, after completing a 30 year sentence for murder, returned to his Atlantic City home to a party in his honor only to turn the festivities into tragedy with the horrific murder of his mother who planned the celebration.

Theatre, Music, Books

  • Joshua Tree Spring Music Festival - A Global Experience in the Magical Mojave

    AddThis Social Bookmark Button

    Merging its funky desert style with an internationally acclaimed lineup of musical artists, this three day (and four night) family-friendly festival is truly a global music experience. The 13th Annual Spring Joshua Tree Music Festival melds the overwhelming spirit of desert freedom with powerful music from around the world to create a lighthearted oasis for music lovers.

     
  • HL A&E Presents The Best Summer 2016 Music Festivals, by the Numbers

    AddThis Social Bookmark Button

    Every year, thousands of people flock to church. The devotees pray in flower crowns and straw hats, fringe-laden vests and neon body paint. They are the congregation of music lovers, gathering from many different corners of the world to worship at the summer’s many music festivals.  

  • Judi Dench's Exits & Entrances: A Celebration Of Shakespeare

    AddThis Social Bookmark Button

    A Shakespearean celebration, with readings by Dame Judi Dench, David Suchet, Emilia Fox and the late Jeffery Dench. Exits and Entrances commemorates the 400th anniversary on April 23rd 2017 of the death of the world's most celebrated playwright William Shakespeare.

     
  • The Tall Trees of Paris Book Review - An Exquisite, Vibrant, Introduction to The New Parisian Art Scene

    AddThis Social Bookmark Button

    The Tall Trees of Paris, a flamboyant coffee table art book from Portland gallery owner and curator, Matt Wagner, introduces readers to the colorful world of Parisian artists from the point of view of the artists themselves.

     
  • Honeymoon In Vegas Review – Go For The Music, Stay For The Elvis Impersonators

    AddThis Social Bookmark Button

    Writing reviews to send out is actually quite difficult for me.  The truth is, I’m a theatre snob, and I’m pretty hard to please.  Without creative geniuses such as Rodgers and Hammerstein, Leonard Bernstein, or even Stephen Sondheim, it’s hard for me to give my endorsement.  Not this time.  You will love ‘Honeymoon In Vegas’.