Hugh Hefner's Neighbor Just Bought the Playboy Mansion for More Than $100 Million

One of Los Angeles’ most famous landmarks is off the market

By Mike Vulpo Jun 06, 2016 10:18 PMTags
Playboy Mansion, Hugh HefnerMichael Tran/FilmMagic

The Playboy Mansion is about to get a brand-new owner.

E! News can confirm the Los Angeles landmark has found a buyer just a few months after it was put on the market for a whopping $200 million.

"We can confirm that the Playboy Mansion is in escrow with Daren Metropoulos as the buyer," Playboy said in a statement to E! News. "Due to confidentiality restrictions, we are not able to comment on any specifics, including what contingencies need to be cleared to close the sale."

While an official price tag hasn't been confirmed, multiple outlets confirm the final offer came in at more than $100 million. So, what does one get for such a hefty price tag?

For starters, the new owner can call the property spanning five rolling acres in the Holmby Hills his own. At the same time, Hugh Hefner himself will remain in the mansion until he passes away. 

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Hugh Hefner's Gorgeous Girls
AP Photo/Kevork Djansezian

The 20,000 square foot residence is also described as an "ultra-private retreat and the ultimate setting for large-scale entertaining." And with 29 rooms, a home theater, swimming pool and an additional four-bedroom guest house, there is plenty of space for guests and visitors.

"This is the right time to seek a buyer for this incredible property who understands the role the Mansion has played for our brand and enables us to continue to reinvest in the transformation of our business," Playboy Enterprises CEO Scott Flanders said in a statement to E! News when the house was first put on the market. "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."

And for those wondering who this lucky owner could be, Daren is principal at the private equity firm Metropoulos & Co., which just so happens to own Twinkies-maker Hostess Brand.

"The heritage of this property transcends its celebrity, and to have the opportunity to serve as its steward would be a true privilege," Daren shared with The Wall Street Journal. He also declined to disclose the purchase price.

—Reporting by Holly Passalaqua

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