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Playboy Mansion Won’t Be Landmarked but Will Remain Protected


Playboy Mansion Won’t Be Landmarked but Will Remain Protected

playboy-mansion-protected

FREDERIC J. BROWN/AFP/Getty Images

The Playboy Mansion will remain protected under a new signed order.

Page Six has learned that the famous property will not be landmarked by the city of Los Angeles, as originally proposed. However, the mansion’s new owner, Daren Metropoulos, and council member Paul Koretz mutually signed a permanent protection covenant in early February.

The agreement assures Metropoulos’ previous promise that he will not demolish the famous house, but will repair it.

The signed document will cover the house regardless of future owners.

“I’m extremely passionate about its architecture and look forward to this momentous opportunity to transform one of the finest estates in the country,” Metropoulos said in a statement. “As Mr. [Hugh] Hefner was aware, I plan to meticulously refurbish the property with the highest quality and standards in mind. I want to thank Councilman Koretz for working with me to develop an understanding of my vision to restore the mansion while modernizing and replacing important mechanical systems in the structure.”

The home, built in 1927, grew to fame after Playboy’s Hefner purchased it in 1971. It was sold to Metropoulos in 2016 for $100 million. Hefner lived out his last days there until his death in September 2017 at age 91.

During its renovation, the home will also be rejoined with a neighboring property, also owned by Metropoulos. Together it will create a 7.3-acre compound in Holmby Hills.

A request for additional details regarding the renovations wasn’t immediately returned.

The post Playboy Mansion Won’t Be Landmarked but Will Remain Protected appeared first on Real Estate News & Insights | realtor.com®.

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