Hugh Hefner in Holmby Hills, Estate of the Day

by Deidre Woollard (RSS feed)
Mar 13th 2009 at 1:02PM

It's not the Playboy mansion but if you've ever wanted to live next door to the girls next door this is your chance. Hugh Hefner and wife Kimberley (yep, he's still technically married but they have been separated for ten years) have listed the home next door to the mansion. This is where Kimberley has raised their two children who are now in their late teens.

The seven-bedroom home is on a two-acre walled property that is also adjacent to the Los Angeles Country Club. The estate was built in 1929 and has expansive lawns and a pool. The listing doesn't offer a single interior picture (it's rather a stalker's view of the home) but the listing says there is a two-story entry, paneled study, family room and a master bedroom suite with a marble bath and a separate dressing room.

The Real Estalker reports that the Hefners bought the home in 1996 for around $6.7 million from the estate of TV Guide heiress turned philanthropist Lita Annenberg. The question of why the Hefners are selling is up for debate. The party line per the LA Times Hot Property column is that the young Hefner boys are going off to college and the house is too big. But with all the stories of trouble in the Playboy empire and rumors of a potential sale it's likely Hefner has been told to lighten his financial load. The question is whether or not at $27.995 million there is anyone willing to snap up the ivy-covered mansion.

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Gallery: Hugh Hefner in Holmby Hills

Tags: celebrity real estate, CelebrityRealEstate, estate of the day, EstateOfTheDay, holmby hills, HolmbyHills, hugh hefner, HughHefner, playboy

Filed under: Estates, Celebrity Shopping

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Reader Comments (Page 1 of 1)

Eric of AZ Mar 13th 2009 1:21PM

When I don't see interior shots, I usually think "fixer upper" -- or at the very least, needs serious updating. Hopefully that is not the case here (and perhaps they are just concerned about a home invasion or some such crime).

The exterior is definitely in need of repainting, though I imagine that's tricky on ivy-covered walls.

Chris Mar 13th 2009 2:41PM

I agree, looks like they were filling in space w/ too many exterior shots...like of the front & turnaround...

But a nice level back yard, great for setting up the party tent. Tho' I gotta think the noise from next door would be bothersome. Unless you had an open invitation to parties :-)

Read in the WSJ article that there's a door in the wall 'tween the two properties. Wonder if that will remain!?!

DJ Mar 13th 2009 5:58PM

I agree with the comment about the interior. Makes you wonder why it's not shown. Hef is a MAJOR art collector, so there may be some pieces he has purchased anomously that he doesn't want the art world or Playboy Enterprises to know about.

As far as the timing, Hef is going to be 83 in a few weeks and even he knows he's not going to live forever. The sale could be part of an overall estate plan or trust for all of his kids.