The Playboy Mansion Has Sold, But Hugh Will Not Be Moving Out!

The Playboy Mansion will no longer belong to Hugh Hefner, but he will continue to live there.

The Wall Street Journal reported Monday that the mansion, which was on the market for $200 million, is now under contract.

No worries to the buyer, he or she will not have to live alone as Hugh Hefner comes with the 89-year-old house.

“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 Scott Flanders, CEO of Playboy Enterprises, when the property was listed in January.

Hugh purchased the estate in 1970 for $1 million, which is reportedly the highest price paid for a home in Los Angeles 40 years ago.

The nearly 20,000-square-foot mansion, sits on five acres in Los Angeles’ Holmby Hills. The iconic home is the ultimate party place.

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