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Playboy Mansion hits real estate market with $200 million price tag

Posted at 9:30 AM, Jan 11, 2016
and last updated 2016-01-11 09:52:17-05

LOS ANGELES — Playboy Enterprises has listed the iconic Playboy Mansion for $200 million. But there’s a catch: Hef is included in the deal. Amenities at the 20,000 square foot, 29-room party palace include a catering kitchen, wine cellar, home theater, gym, tennis court and swimming pool with a “large, cave-like grotto.”

BEVERLY HILLS, CA - AUGUST 03:  A general view of the atmosphere during Hugh Hefner's annual Midsummer Night's Dream party held at the Playboy Mansion on August 3, 2013 in Beverly Hills, California.  (Photo by Charley Gallay/Getty Images for Playboy)

BEVERLY HILLS, CA – AUGUST 03: A general view of the atmosphere during Hugh Hefner’s annual Midsummer Night’s Dream party held at the Playboy Mansion on August 3, 2013 in Beverly Hills, California. (Photo by Charley Gallay/Getty Images for Playboy)

There’s also a separate “game house” and a four-bedroom guest home. The mansion “is one of a select few private residences in L.A. with a zoo license,” according to the property’s realtors.

Hugh Hefner, famous for his in-house bunny harem and wild celebrity-studded parties, will remain a resident. The elderly founder of Playboy Magazine must be allowed to live at the mansion for the rest of his life, according to the sale terms.

HOLMBY HILLS, CA - MAY 6:  (L to R) Playboy bunny Sheila Levell, Playboy founder Hugh Hefner and Playboy bunny Holly Madison perform a scene during the filming of a commercial for "X Games IX" at the Playboy Mansion May 6, 2003 in Holmby Hills, California. This year's X Games will take place at STAPLES Center in Los Angeles from August 14th through 18th.  (Photo by Robert Mora/Getty Images)

HOLMBY HILLS, CA – MAY 6: (L to R) Playboy bunny Sheila Levell, Playboy founder Hugh Hefner and Playboy bunny Holly Madison perform a scene during the filming of a commercial for “X Games IX” at the Playboy Mansion May 6, 2003 in Holmby Hills, California. This year’s X Games will take place at STAPLES Center in Los Angeles from August 14th through 18th. (Photo by Robert Mora/Getty Images)

“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,” said Playboy Enterprises CEO Scott Flanders, in a press release.

The mansion is located on five acres in Holmby Hills, a sought after neighborhood near Beverly Hills.

Beverly Hills, UNITED STATES:  View of the Playboy Mansion, owned by US Playboy Magazine publisher Hugh Hefner in Beverly Hills, California, 14 October 2006. GABRIEL BOUYS  (Photo credit should read GABRIEL BOUYS/AFP/Getty Images)

Beverly Hills, UNITED STATES: View of the Playboy Mansion, owned by US Playboy Magazine publisher Hugh Hefner in Beverly Hills, California, 14 October 2006. GABRIEL BOUYS (Photo credit should read GABRIEL BOUYS/AFP/Getty Images)