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The property was bought by Daren Metropoulos, a principal at
private equity firm Metropoulos & Co, for half of the $200
million it was initially listed for earlier this year.
Metropoulos said Hefner's 1927 Gothic Tudor-style mansion, which
has an area of 20,000 square feet (1,858 square meters), had a
"rich and storied legacy" and is a "masterpiece in design."
Hefner and Playboy Enterprises did not comment on the sale.
The property, which was purchased by Playboy in 1971 for a
reported $1.1 million, sits amid 5 acres (2 hectares) in Holmby
Hills, west of Los Angeles, and includes 29 rooms, a tennis
court and a free-form swimming pool - and has a zoo license.
It is home to the famous Playboy grotto, which over the years
served as the setting for some of Hefner's most lavish,
hedonistic parties.
The news release said that after Hefner's tenancy concludes,
Metropoulos plans to reconnect the Playboy Mansion property with
a neighboring estate that he purchased in 2009, combining the
two for a 7.3 acre (3-hectare) compound as his own private
residence.
(Reporting by Piya Sinha-Roy; Editing by Jonathan Oatis)
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