The Playboy Mansion might go for over $100M, and Hef is included

Posted at 10:40 AM, Jun 07, 2016
and last updated 2016-06-07 11:40:08-04

The Playboy Mansion's new owner won't have that far of a move.

Next-door neighbor Daren Metropoulos is buying Hugh Hefner's digs. Unnamed insider sources told Variety the house going for $120 million.

That'd be about $80 million less than it was listed for, but a final offer like that would reportedly take a record for highest-priced residential sale in Los Angeles.

The Playboy Mansion boasts 29 rooms, a tennis court, a zoo license and, of course, the infamous grotto.

Metropoulos is a high-ranking member of the private equity firm Metropoulos & Co., whose famous deals have involved Hostess Brands and Pabst Brewing Co.

Metropoulos told The Wall Street Journal, "The heritage of this property transcends its celebrity, and to have the opportunity to serve as its steward would be a true privilege."

"Steward" might be a good word, seeing as the deal stipulates Hefner still gets to live in the mansion until his death. A representative for Metropoulos told The Wall Street Journal when Hefner does pass, Metropoulos plans on combining his neighboring properties into a 7.3-acre compound.

This video includes clips from PlayboyPabst Blue RibbonWNWO and Business Insider and images from Getty Images and Hilton & Hyland. Music provided courtesy of APM Music.

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