For Sale: Playboy Mansion?

In the market for a Los Angeles mansion that's likely been the scene of more debauchery than any one residence ever should? Have we got the place for you: None other than the Playboy Mansion is going on sale at the end of the month, reports TMZ, and it's somewhat of a vexing/interesting sale. The mansion, built on six acres in Holmby Hills in 1927, is owned by Playboy Enterprises, and TMZ notes that it's looking to get $200 million out of the sale.

That's highly unlikely, say insiders who call the mansion a "tear-down" (much has been made of its reported state of disrepair), and say that $80 million or $90 million is much more likely given that the property's value lies in the land. Key highlight of the sale: Hugh Hefner is to be granted a life estate, meaning the buyer gets a pajama-clad elderly roommate until Hef should kick it. Wonders the LAist: "Wonder what will happen to the exotic animals?" (More Playboy Mansion stories.)