Hugh Hefner in Holmby Hills, Estate of the Day
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