Real Estate

Playboy Mansion in contract to be sold to neighbor: Report

Playboy Mansion has found a buyer

The Playboy Mansion may be sold to its neighbor.

The Wall Street Journal reported, citing a representative of the buyer, that the property is currently in contract to be sold, which a spokesman for Playboy confirmed. The Journal also said the buyer, Daren Metropoulos, originally bought the adjacent property from Hugh Hefner for $18 million in 2009.

The mansion was originally listed for $200 million in January by Mauricio Umansky of The Agency and Gary Gold and Drew Fenton of Hilton & Hyland. When the property was listed, it was reported that it would be sold as a "living estate," meaning the 90-year-old Hugh Hefner would continue to live at the mansion.

Playboy Mansion for sale, with one condition

The real estate agents and Playboy Enterprises did not immediately respond to CNBC's requests for comment.

Read the full report in The Wall Street Journal.