The world of luxury real estate has always fascinated those who dream of opulent living spaces. Among the most intriguing stories in this realm is that of Daren Metropoulos and his remarkable acquisition of one of America’s most iconic properties. As the heir to a billion-dollar fortune and a successful businessman in his own right, Metropoulos has made headlines not just for his business acumen, but for his extraordinary taste in real estate.
Born into a family of entrepreneurs, Daren Metropoulos is the son of Dean Metropoulos, the billionaire investor known for reviving beloved American brands like Hostess Brands and Pabst Brewing Company. Following in his father’s footsteps, Daren has carved out his own path in the business world, serving as co-CEO of Pabst Brewing Company and helping to modernize the brand for a new generation of consumers.
| Attribute | Details |
|---|---|
| Full Name | Daren Metropoulos |
| Relationship | Son of billionaire investor Dean Metropoulos |
| Net Worth | Approximately $600 million |
| Notable Assets | Owner of the Playboy Mansion (bought in 2016 for $100 million), oceanfront estate in Palm Beach, Florida (bought in 2024 for $148 million), and other properties valued at around $326 million in total portfolio |
| Business Role | Principal at investment firm Metropoulos & Co.; involved in revitalizing companies like Pabst Brewing Company and Hostess Brands |
| Current Residence | Lives near the Playboy Mansion in Holmby Hills, Los Angeles; also owns a luxury oceanfront estate in Palm Beach, Florida |
| Playboy Mansion | Purchased in 2016 for $100 million, underwent extensive renovations; used for corporate activities and private residence |
But it’s not just his business ventures that have captured public attention. In 2016, Metropoulos made waves in the real estate world when he purchased the legendary Playboy Mansion for a staggering $100 million.
Background of the Daren Metropoulos House

To truly appreciate what Daren Metropoulos has accomplished with his home, you need to understand its rich history. The mansion wasn’t always the infamous Playboy Mansion – it has a story that stretches back nearly a century.
Initially constructed in 1927, the property was designed by renowned architect Arthur R. Kelly for Arthur Letts Jr., the son of the Broadway department store founder. The Gothic Tudor-style mansion was considered a marvel of its time, showcasing the architectural grandeur that defined Los Angeles’s golden age of estate building.
Nestled in the exclusive neighborhood of Holmby Hills, the property sits within what’s known as the Platinum Triangle – one of the most affluent areas in Los Angeles. This prestigious location places it among some of the most valuable real estate in the world, surrounded by the homes of Hollywood’s elite and business moguls.
The mansion gained its legendary status when Hugh Hefner purchased it in 1971 for $1.05 million. For the next 45 years, it served as both Hefner’s residence and the epicenter of the Playboy empire’s social scene. Under Hefner’s ownership, the property became synonymous with lavish parties, celebrity gatherings, and a lifestyle that defined an era.
When Daren Metropoulos acquired the property in 2016 for $100 million, it represented more than just a real estate investment. The purchase came with a unique arrangement – Hefner would continue to live in the mansion until his passing, which occurred in 2017. This deal demonstrated Metropoulos’s respect for the property’s history while signaling his intention to preserve and enhance its legacy.
But why would a successful young business person want to take on such an iconic – and potentially controversial – property? For Metropoulos, the motivation went beyond mere ownership. He saw an opportunity to restore a piece of Los Angeles history while creating a modern luxury residence that honored the past while embracing the future. His vision was to transform the property from a symbol of one man’s empire into a timeless example of architectural excellence and refined living.
The significance of this mansion in pop culture cannot be overstated. It has appeared in countless films, television shows, and documentaries. It’s been the subject of fascination for decades, representing both the allure and excess of the Hollywood lifestyle. For the luxury real estate market, it stands as one of the most recognizable properties in America, a benchmark for what defines a truly exceptional estate.
Architectural Style and Exterior Features
The Daren Metropoulos House stands as a magnificent example of Gothic Tudor architecture, a Style that combines medieval English design elements with the grandeur befitting a California estate. This architectural choice gives the property a timeless quality that sets it apart from the more contemporary mansions dotting the Los Angeles landscape.
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| Attribute | Details |
|---|---|
| Address | Holmby Hills, Los Angeles, California (near Beverly Hills, close to Los Angeles Country Club and UCLA) |
| Architecture Design | Gothic-Tudor style, designed by Arthur R. Kelly in 1927 as Holmby House |
| House Specifications | – Floor area: 21,987 sq ft (2,042.7 m²) |
| – 29 rooms including 9 bedrooms, 7 bathrooms (varies with sources, Mansion had 5 guest bedrooms during Hefner’s era) | |
| – Notable features: Two-story Great Hall with 22-foot ceilings, catering kitchen, wine cellar with secret door, library, pipe organ | |
| – Outbuildings: Aviary, private licensed zoo, four-bedroom guest house, sunken tennis court, celebrated waterfall and pool area | |
| Ownership History | – Originally built for Arthur Letts Jr. in 1927 |
| – Purchased by Playboy Enterprises in 1971 for $1.05 million (approx. $8.2 million in 2024 dollars) | |
| – Owned by Daren Metropoulos (son of billionaire Dean Metropoulos) after Hefner’s death in 2017 | |
| Worth / Value | Valued at around $54 million in 2011 |
| Sold for approximately $100 million in recent transactions | |
| History Info | – Used as Playboy magazine founder Hugh Hefner’s residence from 1971 to 2017 |
| – Location of famous lavish parties and celebrity gatherings | |
| – Renamed Playboy Mansion West, used for corporate events and television production after acquisition by Metropoulos | |
| – In 2018, a permanent protection covenant with the City of Los Angeles was established to protect the mansion from demolition | |
| – Underwent $15 million renovation and expansion post-Playboy acquisition |
Spanning an impressive 20,000 to 22,000 square feet, the primary residence contains 29 rooms, including 12 bedrooms and 21 bathrooms. These numbers alone hint at the scale of luxury we’re discussing, but they barely scratch the surface of what makes this property extraordinary.
When Metropoulos took ownership, he immediately recognized that the exterior needed significant attention. Years of wear had taken their toll on the property, and his renovation plans started from the top down. A brand new roof was installed, not just for practical purposes but to restore the mansion’s striking silhouette against the California sky. Bright skylights were added strategically throughout, flooding the interior spaces with natural light while maintaining the Gothic character of the architecture.
The landscaping received equally careful attention. Metropoulos understood that the grounds were as important as the structure itself. The lush green lawns were completely rejuvenated, creating expansive areas perfect for both relaxation and entertainment. Every tree, shrub, and flower bed was carefully planned to develop a sense of privacy while maintaining the estate’s park-like atmosphere.
One of the most significant additions to the outdoor facilities is the new tennis court. Built to professional standards, it provides not just a recreational amenity but adds to the property’s appeal as a complete luxury estate. The court’s placement was carefully considered to integrate seamlessly with the existing landscape while providing easy access from the main house.
Of course, no discussion of this property would be complete without mentioning its most famous feature – the swimming pool with grotto. This isn’t just any pool; it’s an aquatic wonderland that has become legendary in its own right. The renovation of this area was particularly extensive, addressing both aesthetic and practical concerns. The pool itself was refinished entirely, with new filtration systems installed to ensure crystal-clear water year-round. The famous grotto received special attention, with structural reinforcements and new lighting that creates an enchanting atmosphere after dark.
Adjacent to the pool area, Metropoulos added a stunning solarium. This glass-enclosed space serves as a perfect transition between indoor and outdoor living, offering a sun-drenched retreat that can be enjoyed regardless of weather conditions. The solarium’s design complements the Gothic Tudor architecture while adding a touch of contemporary elegance.
Perhaps one of the most unique features of the estate is the private zoo. While many luxury properties boast impressive amenities, few can claim to house exotic birds, monkeys, and albino peacocks. This menagerie adds a whimsical element to the property, creating a sense of wonder and exclusivity that money alone cannot buy. The animal habitats have been modernized to ensure the comfort and well-being of their inhabitants while maintaining the magical atmosphere that makes this feature so special.
Interior Design and Key Rooms

Step inside the Daren Metropoulos house, and you’re immediately transported into a world where Gothic Revival grandeur meets contemporary luxury. The interior design strikes a delicate balance between preserving the mansion’s historic character and introducing modern amenities that today’s luxury homeowner expects.
The heart of any home is its kitchen, and Metropoulos has created not one but two culinary spaces that would make any chef envious. The main chef’s kitchen features stunning quartzite countertops that provide both beauty and durability. State-of-the-art appliances are seamlessly integrated into custom cabinetry that respects the home’s architectural heritage. The catering kitchen serves as a secondary preparation space, perfect for large-scale entertaining – a nod to the property’s history as a venue for legendary gatherings.
Entertainment takes center stage in several key rooms throughout the mansion. The home theater is perhaps the most dramatic space, featuring a built-in pipe organ that serves as both a functional instrument and a stunning architectural element. This cinema room has been equipped with the latest projection and sound technology, creating an immersive viewing experience that rivals any commercial theater.
The game room continues the entertainment theme, offering a sophisticated space for billiards, cards, and other leisure activities. Rich wood paneling and carefully chosen lighting create an atmosphere reminiscent of a private club, while modern climate control ensures year-round comfort.
For more intimate gatherings, the screening room provides a cozy alternative to the grand theater. This space has been designed with comfort in mind, featuring plush seating and acoustic treatments that make it perfect for everything from movie nights to sports viewing parties.
The main suite is truly a residence within a residence, spanning two floors with luxurious finishes throughout. The bedroom itself is a sanctuary, with custom millwork, designer lighting, and panoramic views of the manicured grounds. The main bathroom rivals those found in the world’s finest hotels, featuring marble surfaces, a soaking tub, and a shower that could accommodate a small party.
One of the most striking interior features is the glass-enclosed wine wall capable of storing 360 bottles. This isn’t just storage – it’s a work of art that transforms a wine collection into a design element. The temperature-controlled environment ensures perfect conditions for aging, while the glass enclosure allows the collection to be admired from multiple vantage points.
The wet bar represents another example of thoughtful luxury. Featuring a glass pop-up counter, this space transforms from an elegant sideboard to a fully functional bar at the touch of a button. It’s these kinds of details that elevate the property from merely expensive to truly exceptional.
Throughout the renovation process, Metropoulos addressed issues that had developed during the final years of Hefner’s residency. Bathrooms throughout the house were reimagined entirely, with new fixtures, tiles, and layouts that maximize both functionality and luxury. The attention to detail in these private spaces matches that of the public areas, ensuring a consistent level of quality throughout the property.
The renovation plans extend beyond the main house to include several outbuildings. A new gym is being constructed to provide a private fitness facility that rivals any commercial health club. The garage is being upgraded to accommodate a collection of luxury vehicles in a climate-controlled environment. A guest house is being renovated to provide accommodation for visitors that maintains the same standards as the primary residence.
Renovations and Modern Upgrades
The transformation of the Daren Metropoulos house represents one of the most ambitious residential renovation projects in recent Los Angeles history. This five-year extensive renovation has been led by acclaimed architect Richard Landry, known for his work on some of the most prestigious estates in the world.
The renovation goals were clear from the start: restore the mansion’s original charm while seamlessly integrating the luxury modern amenities expected in a contemporary estate of this caliber. This balance between preservation and innovation has guided every decision throughout the project.
One of the most critical aspects of the renovation involved the pool and grotto. Previous health concerns had cast a shadow over these iconic features, making their refurbishment a top priority. The entire pool system was rebuilt from the ground up, with new plumbing, filtration, and heating systems that exceed current health and safety standards. The grotto received particular attention, with structural engineers ensuring its stability while preserving its unique character.
The addition of fitness amenities represents a significant expansion of the property’s capabilities. The new 4,400 square foot gym isn’t just a room with exercise equipment – it’s a comprehensive wellness center featuring dedicated spaces for cardio, strength training, yoga, and recovery. Floor-to-ceiling windows provide inspiring views of the grounds while maintaining privacy from neighboring properties.
The upgraded garage goes beyond simple vehicle storage. Climate control systems protect valuable automobiles from temperature fluctuations, while enhanced security measures ensure peace of mind. The space has been designed to showcase vehicles as works of art, with museum-quality lighting and display features.
Landscape redesign has played a crucial role in the renovation, with every outdoor space receiving careful attention. Privacy was a paramount concern, leading to strategic plantings that create natural barriers without making the property feel enclosed. The aesthetic appeal was equally important, with seasonal plantings ensuring year-round visual interest.
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The use of premium materials throughout the renovation reflects Metropoulos’s commitment to quality. From imported marble in the bathrooms to hand-carved wood details in the public spaces, every material has been chosen for both its beauty and longevity. This attention to quality ensures that the renovations will stand the test of time, just as the original construction has for nearly a century.
Architectural innovation has been employed to solve modern challenges while respecting historic character. Hidden technology allows for smart home controls without visible modern intrusions. Climate control systems have been ingeniously integrated into existing structures, providing contemporary comfort without compromising architectural integrity.
Perhaps most intriguingly, Metropoulos’s vision extends beyond the mansion itself. His plans for integrating the mansion with adjacent properties he owns suggest a larger estate concept that could redefine luxury living in Los Angeles. This forward-thinking approach demonstrates that the renovation isn’t just about restoring the past – it’s about creating a blueprint for the future of luxury estates.
Amenities and Lifestyle Features
The amenities at the Daren Metropoulos house read like a wishlist for luxury living. Each feature has been carefully considered not just for its individual merit, but for how it contributes to an overall lifestyle that few properties can match.
The tennis court serves as more than just a place to play. Its professional-grade surface and lighting make it suitable for serious athletes, while its beautiful setting makes even casual games feel special. The court’s position on the property provides both convenience and privacy, allowing for early morning matches or evening games under the lights.
The private zoo remains one of the property’s most distinctive features. Housing exotic birds, monkeys, and those famous albino peacocks, this isn’t just a collection of animals – it’s a carefully managed ecosystem that adds life and movement to the grounds. The daily care and feeding of these animals has been systematized to ensure their well-being while minimizing disruption to the household.
The swimming pool and grotto have been transformed into a true aquatic paradise. Beyond simple swimming, the pool now features hydrotherapy capabilities with strategically placed jets that can provide therapeutic massage. The grotto area has been equipped with mood lighting and sound systems that can create any atmosphere from party central to meditation retreat.
Entertainment reaches new heights with the cinema and home theater. These spaces have been optimized not just for viewing, but for the complete entertainment experience. Acoustic treatments ensure perfect sound at any volume, while the seating arrangements allow for both intimate viewings and larger gatherings. The technology is cutting-edge but discreetly integrated, maintaining the rooms’ elegant aesthetics.
The chef-grade kitchens – both main and catering – elevate home dining to restaurant levels. Professional-grade appliances allow for any cooking technique, while the layout ensures efficient workflow even when multiple cooks are preparing elaborate meals. The catering kitchen’s capacity to handle large events means the property can host gatherings of significant scale without relying on outside vendors.
The spacious guesthouse and additional living areas provide flexibility that’s essential in a property of this magnitude. Guests enjoy privacy and comfort equal to a luxury hotel, while still feeling part of the estate experience. These spaces can also serve as offices, studios, or private retreats for family members, adapting to changing needs over time.
What truly sets these amenities apart is how they work together to create a complete living experience. The property doesn’t just offer luxury features – it provides a self-contained world where every need and desire can be met without leaving the grounds. This completeness reflects both the property’s heritage as a destination unto itself and Metropoulos’s vision for its future.
The Cultural and Historical Significance of the House
The Daren Metropoulos House occupies a unique place in American cultural history. For nearly five decades, it served as the residence of Hugh Hefner, founder of Playboy magazine and architect of a lifestyle brand that influenced generations. During this time, the mansion became more than just a home – it evolved into a symbol of the sexual revolution, a backdrop for countless cultural moments, and a character in the ongoing story of Hollywood.
The mansion’s role in Hollywood and pop culture cannot be overstated. It has appeared in numerous films and television shows, from serious documentaries to lighthearted comedies. The property has hosted everyone from movie stars to musicians, politicians to artists. These walls have witnessed conversations that shaped entertainment, business deals that moved markets, and parties that became the stuff of legend.
Under Metropoulos’s stewardship, the property is experiencing a fascinating transformation. Rather than erasing its past, he’s preserving and redefining the legacy. The renovations respect the property’s history while preparing it for a new chapter. This approach acknowledges that the mansion’s cultural significance is part of its value – not something to be hidden or eliminated, but something to be honored and evolved.
The blend of historic preservation with modern luxury that Metropoulos has achieved serves as a model for estate restoration. Too often, landmark properties are either frozen in time as museums or gutted to create something entirely new. The approach here finds a middle ground, maintaining the elements that make the property special while ensuring it functions as a modern home.
This transformation also reflects changing attitudes toward luxury and legacy. Where the mansion once represented a particular vision of the good life – one centered on hedonism and display – it now embodies a more refined approach to luxury. The emphasis on quality, craftsmanship, and timeless design suggests a maturation in how we think about exceptional properties.
The property’s evolution under Metropoulos also demonstrates how historic properties can remain relevant. By investing in significant upgrades while respecting original architecture, he’s ensured that the mansion will continue to be a landmark for generations to come. This isn’t just preservation – it’s active curation of a living piece of history.
Where Does Daren Metropoulos Currently Live?
Daren Metropoulos currently lives in multiple luxury properties, notably an oceanfront estate in Palm Beach, Florida, which he purchased for $148 million in 2024. He also owns a mansion in Miami Beach, Florida, bought for $18 million in 2021, and the iconic Playboy Mansion in Los Angeles, California, which he bought in 2016 and has been renovating extensively since then.
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