Seems you're 50 mill guess was spot on Dave
The 22,000 square foot (1,951 square meter) house is described as being in the "Gothic-Tudor" style by Forbes magazine, and sits on 5.3 acres. It was built by architect Arthur R. Kelly in 1927 and acquired by Playboy in 1971 for about $1.2 million. It sits close to the extreme northwestern corner of the exclusive Los Angeles Country Club, near UCLA and the Bel-Air Country Club. Over the years, approximately $15 million has been invested in renovating and expanding the mansion and the current market value of the home is $50 million.