Hugh and Kimberly Hefner are selling their family home next to the Playboy Mansion. Would you buy it if you had the dough?
http://www.latimes.com/classified/realestate/news/la-hmw-hotprophefner11-2009mar11,0,6372056.story
http://news.yahoo.com/s/afp/20090313/en_afp/ushousingsexpeople/ushousingsexpeople Home next to Playboy mansion selling for 28M dlrs] (March 13, 2009)
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M$3 Answers
Besides, if you spend that much, wouldn't you want more privacy? Living next to the Playboy mansion must have some noise issues not to mention traffic and paparazzi.
There are many other more compelling properties available for that type of money. Also, do you really want to line the Hefner's pockets? In a down market, how can you reward someone who financed the entire house and expects to sell it for four times what they paid?
It's interesting to think of the type of customization that house must have to jack up the price. I wonder if it's tasteless or if some of it's nice. Generally these are highly customized homes tailored to someone else's wants and don't suit another buyer well without major changes.
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M$Probably the main attraction at the home is the neighboring property, grotto, and Playboy parties. But how much longer can Hef hang in there and party? If the parties end next year, is it still worth $28 mill.?
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M$Do you think anyone living there will have any chance at any successful long-term relationship?
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M$