How much is the Playboy Mansion Worth? Any Idea?

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  • Semi-Retired-Dave
    Too lazy to set a custom title
    • Apr 2004
    • 11190

    #1

    How much is the Playboy Mansion Worth? Any Idea?

    I've done my share of buying and selling homes, but I wouldn't even know where to start on this one.

    Location Location Location, Lot Size, and most of all...The History.
    Should be a Historical landmark by now and he should't be paying any property taxes.
    What do you guys think, I've been there about 5 times and every time I just see more and more character from this place.
    I have no idea, but I am going to guess...50 Million?
    What's your thoughts?
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  • Spunky
    I need a beer
    • Jun 2002
    • 133978

    #2
    35-40 perhaps?

    Comment

    • StickyGreen
      .
      • Oct 2003
      • 13076

      #3
      Originally posted by Spunky
      35-40 perhaps?
      Million? You're fucking trippin...
      Refer Cam Girls and Take Home 10% of Everything They Make For Life

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      • Semi-Retired-Dave
        Too lazy to set a custom title
        • Apr 2004
        • 11190

        #4
        Originally posted by StickyGreen
        Million? You're fucking trippin...
        Higher or lower?
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        • StickyGreen
          .
          • Oct 2003
          • 13076

          #5
          Originally posted by CyberAge-Dave
          Higher or lower?
          Well I am currently in only my 2nd real estate class this summer, so I shouldn't talk just yet. But I think it would be lower for sure...
          Refer Cam Girls and Take Home 10% of Everything They Make For Life

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          • DaddyHalbucks
            A freakin' legend!
            • Feb 2004
            • 18975

            #6
            Alot of money.

            It is a landmark.

            Dunno for sure, but $50 million seems in the realm of reason.
            Boner Money

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            • Spunky
              I need a beer
              • Jun 2002
              • 133978

              #7
              Originally posted by StickyGreen
              Million? You're fucking trippin...
              Major history and great location..probably not far off

              Comment

              • shahab6
                So Fucking Banned
                • Nov 2005
                • 1614

                #8
                probably 20mill

                Comment

                • StickyGreen
                  .
                  • Oct 2003
                  • 13076

                  #9
                  Originally posted by Spunky
                  Major history and great location..probably not far off
                  Yea, now that I think about it, you could be close. When you factor in the "playboy factor." But based solely on California real estate... I dunno...
                  Refer Cam Girls and Take Home 10% of Everything They Make For Life

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                  • WWC
                    #1 Adult Content Provider
                    • Jul 2003
                    • 11577

                    #10
                    wow thinking of buying it?

                    PS: did you buy sex.com? or sponsoring it?
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                    • Warren
                      Confirmed User
                      • Jul 2003
                      • 2284

                      #11
                      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.
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                      • Semi-Retired-Dave
                        Too lazy to set a custom title
                        • Apr 2004
                        • 11190

                        #12
                        Originally posted by StickyGreen
                        Well I am currently in only my 2nd real estate class this summer, so I shouldn't talk just yet. But I think it would be lower for sure...
                        Cali prices and the one and only PlayBoy Mansion..Even if it doesn't get appraised at 50 Mil, I"m sure someone will pay to own it for their collection. LOL.
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                        • spunkmaster
                          Confirmed User
                          • Jan 2004
                          • 2052

                          #13
                          zillow.com says 5.9 Million but the next door house is 16 Mil and it's
                          a smaller house and lot ?

                          My guess is 20-30 Million !



                          10236 Charing Cross Rd.
                          Beverly Hills, CA 90024

                          Comment

                          • RevSand
                            Confirmed User
                            • Oct 2003
                            • 8151

                            #14
                            If you consider Aaron Spellings place that is next door is or did sell for 150 million.... It is a larger mansion on a bigger compound but still comparable... I would say 50 million is a little low...


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                            • JFK
                              FUBAR the ORIGINATOR
                              • Jan 2002
                              • 67369

                              #15
                              Originally posted by Warren
                              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.
                              Good find I also figured it would be under the corporate assets of the company.So it would have some public record as to how much they have it on the books for

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                              • Semi-Retired-Dave
                                Too lazy to set a custom title
                                • Apr 2004
                                • 11190

                                #16
                                Originally posted by spunkmaster
                                zillow.com says 5.9 Million but the next door house is 16 Mil and it's
                                a smaller house and lot ?

                                My guess is 20-30 Million !



                                10236 Charing Cross Rd.
                                Beverly Hills, CA 90024
                                Zillow is usually off by a few mil here and there..LOL.
                                Can you imagine someone buying it then level it to make Condos..haha.
                                Sorry, that would be horrible, but imagine the wanna be players you would have on the waiting list and the pre-sells. Just one pool in the middle. Hmm.
                                It's not zoned for it anyways, I am just blabbering away before bed.
                                I am still at 50.
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                                • Semi-Retired-Dave
                                  Too lazy to set a custom title
                                  • Apr 2004
                                  • 11190

                                  #17
                                  Originally posted by Warren
                                  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.
                                  WOW!!! Good Find. Right on the money. How old is that article?
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                                  • Semi-Retired-Dave
                                    Too lazy to set a custom title
                                    • Apr 2004
                                    • 11190

                                    #18
                                    Originally posted by RevSand
                                    If you consider Aaron Spellings place that is next door is or did sell for 150 million.... It is a larger mansion on a bigger compound but still comparable... I would say 50 million is a little low...


                                    Looks like a long walk to the kitchen...
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                                    • Semi-Retired-Dave
                                      Too lazy to set a custom title
                                      • Apr 2004
                                      • 11190

                                      #19
                                      Originally posted by RevSand
                                      If you consider Aaron Spellings place that is next door is or did sell for 150 million.... It is a larger mansion on a bigger compound but still comparable... I would say 50 million is a little low...


                                      Looks like a long walk to the kitchen...
                                      Support a Good Cause

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                                      • jprole
                                        Registered User
                                        • Aug 2004
                                        • 36

                                        #20
                                        I'd only want it if the bunnies come with it

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                                        • spunkmaster
                                          Confirmed User
                                          • Jan 2004
                                          • 2052

                                          #21
                                          Originally posted by CyberAge-Dave
                                          Zillow is usually off by a few mil here and there..LOL.
                                          Can you imagine someone buying it then level it to make Condos..haha.
                                          Sorry, that would be horrible, but imagine the wanna be players you would have on the waiting list and the pre-sells. Just one pool in the middle. Hmm.
                                          It's not zoned for it anyways, I am just blabbering away before bed.
                                          I am still at 50.

                                          zillow is within 10% 99.99% of the time though

                                          The thing is all the houses around this address that sold the last two years sold for 6-8 million so I'm sticking with my 20-30 Mil except that a high roller would pay 100 Mil just because it was hef's house

                                          Comment

                                          • Jace
                                            FBOP Class Of 2013
                                            • Jan 2004
                                            • 35562

                                            #22
                                            see, the thing is with that house though, even though just as a raw property with history it might only be $50mil....but I guarantee you auction that fucker off it will get upwards of $100-150mil pretty easily

                                            Comment

                                            • RevSand
                                              Confirmed User
                                              • Oct 2003
                                              • 8151

                                              #23
                                              Originally posted by CyberAge-Dave


                                              Looks like a long walk to the kitchen...

                                              yea its just a small intimate little place...


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                                              • WWF-Jimmy
                                                Registered User
                                                • Oct 2005
                                                • 73

                                                #24
                                                I would say the History out ways any factor in this case, so hard to put a price on it. Most likely it will never be sold, thinking it may one day be a museum like Grace land.
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                                                • Semi-Retired-Dave
                                                  Too lazy to set a custom title
                                                  • Apr 2004
                                                  • 11190

                                                  #25
                                                  Originally posted by Jace
                                                  see, the thing is with that house though, even though just as a raw property with history it might only be $50mil....but I guarantee you auction that fucker off it will get upwards of $100-150mil pretty easily
                                                  Only if the buyer pays it all cash, the bank will only loan a percentage of what the house is worth.
                                                  So if the new buyer was going to try and get a 150 million dollar loan on a house that is worth 50..it will never fly.
                                                  I say 50 of us all pitch in 50 Mill and buy it, we'll rent it back to Hef for 20K a month and we get to host all his parties..
                                                  I'm in..Do I have any backup??? 49 more to go.
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                                                  • Pornwolf
                                                    Drunk and Unruly
                                                    • Jan 2002
                                                    • 22712

                                                    #26
                                                    Market value is only a starting point for the mansion.

                                                    I originally thought it would start at $60 mil.

                                                    It's history could take it as high as $100 million. A rich Arab would buy the place in a heartbeat.
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                                                    • collegeboobies
                                                      So Fucking Banned
                                                      • Jul 2004
                                                      • 3644

                                                      #27
                                                      Originally posted by Jace
                                                      see, the thing is with that house though, even though just as a raw property with history it might only be $50mil....but I guarantee you auction that fucker off it will get upwards of $100-150mil pretty easily

                                                      You fucking kidding? Lol you overestimate history of porn

                                                      Thisis the only house worth $150mil that I know of
                                                      http://www.digitaljournal.com/article/141373

                                                      Comment

                                                      • Jace
                                                        FBOP Class Of 2013
                                                        • Jan 2004
                                                        • 35562

                                                        #28
                                                        Originally posted by collegeboobies
                                                        You fucking kidding? Lol you overestimate history of porn

                                                        Thisis the only house worth $150mil that I know of
                                                        http://www.digitaljournal.com/article/141373
                                                        nope, not one bit actually

                                                        I have seen breast implants get removed from girls and go for $50k
                                                        I have seen girls auction off dates to their members and get upwards of $20k for the evening
                                                        hell, I even saw a couch used in porn sets go for $4k

                                                        also, I never said the HOUSE was worth $150mil, did I?

                                                        I am saying that some billionaire will EASILY swoop in and pay $150mil....easily

                                                        Comment

                                                        • zeruel
                                                          Confirmed User
                                                          • Apr 2007
                                                          • 1387

                                                          #29
                                                          wow... that was a serious money there...

                                                          Comment

                                                          • RevSand
                                                            Confirmed User
                                                            • Oct 2003
                                                            • 8151

                                                            #30
                                                            Originally posted by Jace

                                                            hell, I even saw a couch used in porn sets go for $4k

                                                            I have a futon at my studio that has been used for a bunch... $1k anyone??


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                                                            • RevSand
                                                              Confirmed User
                                                              • Oct 2003
                                                              • 8151

                                                              #31
                                                              There will be someone like Joe Francis (when not in trouble with the law) who will want to come in a swipe it up in a heartbeat... The house is also a legand in itself and in the right hands can be a nice investment and money maker much like it is now with all the rented out parties there...


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                                                              Hire me for all your video shooting needs!!
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                                                              • LexiGoddess
                                                                Registered User
                                                                • May 2005
                                                                • 13

                                                                #32
                                                                50 min ish

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                                                                • _Richard_
                                                                  Too lazy to set a custom title
                                                                  • Oct 2006
                                                                  • 30989

                                                                  #33
                                                                  for the playboy mansion? man... i'd be thinking 100+

                                                                  just the idea that someone could say "i own the playboy mansion".. that's worth 100 mil alone

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                                                                  • Rochard
                                                                    JƤgermeister Test Pilot
                                                                    • Dec 2001
                                                                    • 75733

                                                                    #34
                                                                    The question is...... Who owns the Playboy Mansion?
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                                                                    Brooklyn, NY

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                                                                    • Pornwolf
                                                                      Drunk and Unruly
                                                                      • Jan 2002
                                                                      • 22712

                                                                      #35
                                                                      Originally posted by RevSand;
                                                                      There will be someone like Joe Francis (when not in trouble with the law) who will want to come in a swipe it up in a heartbeat... The house is also a legand in itself and in the right hands can be a nice investment and money maker much like it is now with all the rented out parties there...
                                                                      You are G'daamn right.

                                                                      If I had 1 bil I would pay gladly pay 100 mil for that house. Talk abut the ultimate after-party pad. Pool parties, BBQ's... OMFG.

                                                                      For some that is worth it's weight in gold.
                                                                      I've trusted my sites to them for over a decade...

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                                                                      • Wizzo
                                                                        2011 GFY Hall of Fame!
                                                                        • Nov 2000
                                                                        • 15224

                                                                        #36
                                                                        Standard Real Estate Appraisal rules wouldn't apply, because its a world wide known estate... I would say in the 75-100 million range...
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                                                                        • tranza
                                                                          ICQ: 197-556-237
                                                                          • Jun 2003
                                                                          • 57559

                                                                          #37
                                                                          Originally posted by Rochard
                                                                          The question is...... Who owns the Playboy Mansion?
                                                                          Good question indeed...
                                                                          I'm just a newbie.

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                                                                          • UniversalPassLorence
                                                                            Confirmed User
                                                                            • Dec 2004
                                                                            • 3721

                                                                            #38
                                                                            With or without the girls?


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                                                                            • Jace
                                                                              FBOP Class Of 2013
                                                                              • Jan 2004
                                                                              • 35562

                                                                              #39
                                                                              Originally posted by Rochard
                                                                              The question is...... Who owns the Playboy Mansion?
                                                                              I would venture to guess ICS does, or whoever owns playboy

                                                                              hugh hefner is the head honcho, but does he even technically own it anymore?

                                                                              Comment

                                                                              • datatank
                                                                                Confirmed User
                                                                                • Aug 2004
                                                                                • 5471

                                                                                #40
                                                                                Originally posted by CyberAge-Dave
                                                                                Only if the buyer pays it all cash, the bank will only loan a percentage of what the house is worth.
                                                                                So if the new buyer was going to try and get a 150 million dollar loan on a house that is worth 50..it will never fly.
                                                                                I say 50 of us all pitch in 50 Mill and buy it, we'll rent it back to Hef for 20K a month and we get to host all his parties..
                                                                                I'm in..Do I have any backup??? 49 more to go.
                                                                                Playboy already owns it and rents it back to heff. That is one of the reasons he throws all the parties for income


                                                                                I dont know why i know this usless info lol

                                                                                Comment

                                                                                • corvette
                                                                                  Confirmed User
                                                                                  • Oct 2001
                                                                                  • 7880

                                                                                  #41
                                                                                  Originally posted by Jace
                                                                                  I am saying that some billionaire will EASILY swoop in and pay $150mil....easily
                                                                                  i agree, the "want to go to back to my place?" line would be priceless

                                                                                  some rich guys will "just have" to have it, price will be high
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                                                                                  • nikki99
                                                                                    Supermodel
                                                                                    • Nov 2004
                                                                                    • 23072

                                                                                    #42
                                                                                    Originally posted by datatank
                                                                                    Playboy already owns it and rents it back to heff. That is one of the reasons he throws all the parties for income


                                                                                    I dont know why i know this usless info lol
                                                                                    and heff owns playboy or just a % or I am wrong?

                                                                                    I don“t get it
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                                                                                    • Semi-Retired-Dave
                                                                                      Too lazy to set a custom title
                                                                                      • Apr 2004
                                                                                      • 11190

                                                                                      #43
                                                                                      Originally posted by datatank
                                                                                      Playboy already owns it and rents it back to heff. That is one of the reasons he throws all the parties for income


                                                                                      I dont know why i know this usless info lol
                                                                                      You know this because it's the proper way of doing business.

                                                                                      Can you imagine owning it, and telling some girl to come back to your place and they say no. Talk about killing your ego. :mad
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                                                                                      • tiger
                                                                                        Confirmed User
                                                                                        • Apr 2002
                                                                                        • 6986

                                                                                        #44
                                                                                        This history and name of the place are worth 30x what the actual land and house are worth.

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