Hugh Hefner's home next to Playboy mansion for sale for $27,995,000

Hugh Hefner and wife Kimberley have listed their personal residence, next to the Playboy mansion in Holmby Hills, for sale at $27,995,000. It's a Mini-Me to the adjacent party palace, a sister house if you will.

The two-story, 7,300-square-foot English Manor-style home was built in 1929 and bought by the Hefners in 1998. It sits behind private gates on 2.3 acres and has some of the original wood paneling, leaded-glass windows and a hand-carved staircase. There are hand-painted walls, a newly remodeled kitchen with a morning room and butler's pantry, two staff rooms, formal living and dining rooms, a library and family room. It has five bedrooms and seven bathrooms.

The grounds back up to the Los Angeles Country Club and include a pool. There is room for a tennis court, which would provide the new owner with plenty of excuses to visit next door when a ball errantly finds its way over the wall.

The home was designed by Arthur R. Kelly for the sister of Arthur Letts Jr., the original owner of the Playboy mansion. The Hefners are selling the home because their two sons will soon head to college.