The Playboy Mansion has officially been sold for $100million and the buyer has agreed that former owner and Playboy founder Hugh Hefner can live there until he dies.
The Holmby Hills estate – owned by Playboy Enterprises – was bought by Daren Metropoulos, who lives next door to the property.
Hefner, 90, had put the estate on the market for $200 million – twice the final sale price.
Daren, whose father is billionaire C. Dean Metropoulos, bought the home next door to the Playboy mansion in Los Angeles for $18 million in 2009.
He said Hefner’s home had a “rich and storied legacy” and is a “masterpiece in design.”