The six-acre estate, in the Holmby Hills area of Los Angeles, is nearly 90 years old, but reports are that it's still in good condition — and we're sure it's going to attract some interest from buyers!
According to reports, the owner — Playboy Enterprises — believes it to be worth more than $200 million!
Other real estate sources say there's no chance they get that asking price, though, and that Playboy should expect something more like $80 million for the house and lot.
Still, not a bad payday!
There are two strings attached, though: first, anybody who buys the property must give Hefner a "life estate," somewhere he can live out his dies at the mansion until he dies.
And second, prospective buyers who are touring the house can go anywhere and everywhere… except Hefner's own bedroom!
If you had the money, would you buy the Playboy Mansion?!