As Playboy evolves — recently removing full nudity from its print and digital editions — so does the future of the mansion.
Playboy used it as the site of many of its largest parties and events.
The mansion has figured heavily in Hollywood lore, making appearances in shows like HBO's "Entourage" as the ultimate party palace.
Hefner was given a "life estate" at the mansion, meaning that he was allowed to stay on until his death.
next slide will load in 15 secondsSkip AdSkip AdBut it seems to have been a good investment. Playboy Enterprises sold it for $100 million, though it had originally been listed for double that.
The company bought the mansion 45 years ago for just over $1 million. It was a historically high price for the area at the time.
If you're in the mood to create a menagerie, have at it: The mansion is one of the few private Los Angeles residences that has a zoo license.
There's also a tennis court, a private redwood forest, a swimming pool, and the infamous, cave-like "grotto," the setting of many an evening adventure.
Inside, you'll find a home theater, wine cellar, separate game house, and gym — in addition to all of the usual bedrooms, of course.
next slide will load in 15 secondsSkip AdSkip AdDesigned in a Gothic Tudor style in 1927, the home was the base of Hefner's empire for a half-century.
With 29 rooms, the mansion boasts plenty of space to spread out.
For decades, invitations to Playboy Mansion parties were highly coveted, and stories of the wild nights here are Hollywood legend.
The five-acre property includes the main mansion and a four-bedroom guesthouse.
The 20,000-square-foot house is on the edge of the Los Angeles Country Club in the Holmby Hills neighborhood, right between Beverly Hills and Westwood.