Playboy Mansion Hits the Market for $200 Million

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Playboy Mansion decorated for Halloween.

Magazine founder Hugh Hefner will continue to live and work in the house.

One of the most famous party homes in Los Angeles is now on the market. 

The Playboy Mansion was listed Monday by The Agency and Hilton & Hyland for $200 million, according to a statement from Playboy Enterprises.

“This is the right time to seek a buyer for this incredible property who understands the role the Mansion has played for our brand and enables us to continue to reinvest in the transformation of our business,” Scott Flanders, Playboy Enterprises CEO, said in a statement. 

The new owner will not be alone in the home, however. Playboy founder Hugh Hefner will still be living and working in the mansion. 

“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," Flanders said in the statement. 

The logistics for how all that would work were not specified. 

The property sits on five acres in Holmby Hills. The mansion is nearly 20,000-square feet and features 29 rooms, a catering kitchen, wine cellar, home theater, separate game house, gym, tennis court and freeform swimming pool with a large, cave-like grotto. The property also features a four-bedroom guest house.

If that is not enough, the Playboy Mansion also has a zoo license.

This news comes as Playboy magazine is undergoing a redesign, which will be unveiled in March and includes the elimination of nude photos from its pages. 

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