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The Hugh Hefner of Laguna Beach is selling his 'Clayboy Mansion' for $20 million

Dennis GreenOct 22, 2015, 00:54 IST

Teles Properties

A huge party palace in Laguna Beach, California, is up for grabs - if you have $20 million to spare.

The Wall Street Journal reports that the seller is entrepreneur Clay Berryhill, who made millions when he sold his company, Simple Mobile, to Carlos Slim's Mexican telecom conglomerate, América Móvil, in 2012. Berryhill gave the house its "Clayboy Mansion" moniker after he christened it with a giant housewarming party a couple of years ago. Brian G. Johnson of Teles Properties has the listing.

Keep scrolling for a tour of the sprawling mansion with a recording studio and breathtaking ocean views.