Playboy Mansion goes on the market for a staggering $200 million – and there’s a surprising clause for any new owner

Hugh Hefner puts his famous Hollywood mansion on the market for the first time in four decades, but there’s a catch…

Famed for it’s eccentric parties, bombastic lifestyle and string of beautiful women, the Playboy Mansion is on the market for a whopping $200 million.

An iconic landmark on the Beverly Hills landscape, and the most famous house in California, we’re sure it won’t be short of a few suitors, but there’s just one catch… Hugh Hefner will continue to live on the estate until his death.

At 89, Hefner has decided it’s time to hang up the bow tie and finally put the mansion on the market.

Built in the roaring 1920s, the property was purchased by Hefner in 1971 for $1 million. Since then it has been the backdrop for multiple films, music videos, photo shoots and the most outrageous parties the world has ever seen.

However, it seems the days of the glamorous bashes are over with many Playboy bunnies reporting the mansion has fallen into a state of disrepair with its décor stuck in the 80s.

Nevertheless, the substantial estate covers six acres of land on the famed Holmby Hills Estate that once counted Audrey Hepburn and Frank Sinatra as neighbours. Too add to that, a free-form pool, giant grotto, Zoo license and tennis courts will certainly make this home a desirable property.

The mansion itself houses an extensive wine cellar, movie theatre, library and 22 bedrooms.

Similar houses in the area are reported to be worth approximately $60 million, but due to its famed existence, notorious parties and celebrity inhabitants, Playboy Enterprises is asking $120 million more!

The house is listed with both Hilton & Hyland and The Agency – prestigious estate agents operating throughout America.

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