Monday, January 11, 2016
Playboy mansion on sale for $200 million
Playboy Enterprises CEO, Scott Flanders has confirmed the iconic playboy mansion made famous by the countless lavish racy parties held in it is listed for a whopping $200 million.
Built in 1927 and purchased by Playboy in 1971, the 5-acre property in Los Angeles boasts of 29 rooms, a game house, home theater, and a swimming pool.
The deal will be structured as a "living estate," which requires any buyer to allow the mansion's famous resident, 89-year-old bachelor and Playboy Magazine Founder Hugh Hefner, to continue renting the house until his death.
-ANC's Dateline Philippines, January 12, 2016