Playboy founder Hugh Hefner has died at 91, Playboy Enterprises confirmed in a press release Wednesday night.
For the last 40 years, the entertainment icon made his home in the infamous Playboy Mansion, the site of many a crazy party.
In August 2016, the nearly 20,000-square-foot house sold for $100 million to Daren Metropoulos, a principal of the private-equity firm Metropoulos & Co. and a former co-CEO of Pabst Brewing Company.
As part of the terms of the sale, Hefner was allowed to continue living there for $1 million per year. Now that he has died, the mansion and its five-acre grounds will officially have no further ties to Playboy Enterprises.
Let’s take a look around Hefner’s longtime home:
The 20,000-square-foot house is on the edge of the Los Angeles Country Club in the Holmby Hills neighborhood, right between Beverly Hills and Westwood.
The five-acre property includes the main mansion and a four-bedroom guesthouse.
For decades, invitations to Playboy Mansion parties were highly coveted, and stories of the wild nights here are Hollywood legend.
With 29 rooms, the mansion boasts plenty of space to spread out.
Designed in a Gothic Tudor style in 1927, the home was the base of Hefner's empire for a half-century.
Inside, you'll find a home theater, wine cellar, separate game house, and gym — in addition to all of the usual bedrooms, of course.
There's also a tennis court, a private redwood forest, a swimming pool, and the infamous, cave-like "grotto," the setting of many an evening adventure.
If you're in the mood to create a menagerie, have at it: The mansion is one of the few private Los Angeles residences that has a zoo license.
The company bought the mansion 45 years ago for just over $1 million. It was a historically high price for the area at the time.
But it seems to have been a good investment. Playboy Enterprises sold it for $100 million, though it had originally been listed for double that.
Source: Business Insider
Hefner was given a "life estate" at the mansion, meaning that he was allowed to stay on until his death.
The mansion has figured heavily in Hollywood lore, making appearances in shows like HBO's "Entourage" as the ultimate party palace.
Playboy used it as the site of many of its largest parties and events.
As Playboy evolves — recently removing full nudity from its print and digital editions — so does the future of the mansion.
