1. Archive

"Playboy' founder lists two homes

(ran HN edition)

Hugh Hefner, who closed July 12 on a house next door to the Playboy Mansion for nearly $7-million, has listed his Beverly Glen house at $2.9-million and his Malibu retreat at just under $2.2-million.

The Malibu home was purchased by the Playboy magazine founder in 1992 as a beach house for daytime use for his wife and two young children. After they bought it, the Hefners remodeled it. The three-story 3,500-square-foot home, which is on the water, is decorated in white oversized furniture, which is included in the asking price.

The Beverly Glen home, a 6,000-square-foot French Normandy with six bedrooms, was purchased in August 1995 as a retreat from corporate life in the Playboy Mansion, the family's main residence. The Beverly Glen house was built in the 1930s, and the Hefners are just completing a renovation of it.

The Holmby Hills house that the Hefners bought earlier this month was built by Arthur Letts, who in the 1920s built what later became the Playboy Mansion.