The Playboy Mansion has officially been sold for $100million.
The buyer has agreed that former owner and Playboy founder Hugh Hefner can live there until he dies.
The Holmby Hills estate - owned by Playboy Enterprises
- was bought by Daren Metropoulos, who lives next door to the property.
Hefner, 90, had put the estate on the market for $200 million - twice the final sale price.
Daren, whose father is billionaire C. Dean Metropoulos, bought the home next door to the Playboy mansion in Los Angeles for $18 million in 2009, UK Mirror reports.
He said Hefner's home had a "rich and storied legacy" and is a "masterpiece in design."The property has 22 rooms including a wine cellar, a screening room, a games room, a tennis and basketball court, a waterfall and a swimming pool area.
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