The Playboy Mansion is to get new owner, but with a norm in the agreement to allow the 90-year-old found of Playboy Magazine, Hugh Hefner, to stay in it for the rest of his life.
The Playboy Manson is in Los Angeles’ fashionable Holmby Hills. It was originally listed on Metropoulos at $200 million, which was tipped to be overpriced by local real estate agents as a property near to it was sold at $59 million in 2015.
The buyer, Daren Metropoulos, is a wealthy businessman and lives next door. Representatives for both the parties confirmed the bid to buy the mansion is in escrow.
In 2009 Metropoulos bought a home next door to the Playboy Manson from Hefner for $18 million.
The Playboy Manson spreads over five acres and houses 29 rooms that includes a home theatre, wine cellar, a game house, gym, tennis court, four-bedroom guest house and a swimming pool.
The current home of Metropoulos spreads over about two acres and was built in 1929.
Metropoulos & Co., the business of Metropoulos, released a statement saying the two estates would be clubbed to make one if the purchases closes.
The statement also read Hefner can continue staying at the mansion.
Playboy Mansion was built in 1927. It was purchased by Playboy Enterprises in 1971 for $1.05 million. It is the scene of unlimited celebrity-filled parties and innumerable tables of sexual shenanigans.