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The infamous Playboy mansion is officially UP FOR SALE!

But…there’s a catch. A couple actually.

First, there’s the price. $200 MILLION is their asking price.

The home is situated on 5 acres in Los Angeles’ Holmby Hills and is 20,000 square feet, with 29 rooms and a four-bedroom guesthouse. The next owner will have reign over a home theater, gym, tennis court, swimming pool [and THE GROTTO], game house, and even a zoo license.

Thalians 55th Annual Gala Honoring Hugh M. Hefner - Arrivals

Source: Angela Weiss / Getty

But then, there’s the other BIG catch. Hefner, the founder of Playboy Enterprises who has lived in the home for four decades, doesn’t want to move out. His continued residence there even after the property sells is a condition of the sale, says company spokesman John Vlautin.

“If a buyer is found for the Playboy Mansion, Mr. Hefner will continue to live at the mansion for the rest of his life,” he told USA TODAY.

That’s right…if you buy the Playboy mansion, you have to let Hef live there until he croaks.

Meanwhile, the sale is a strategic decision that will allow Playboy “to continue to reinvest in the transformation of our business,” CEO Scott Flanders said in a statement.

US-ENTERTAINMENT-SEX-WOMEN-PLAYBOY

Source: MANDEL NGAN / Getty

Hefner has lived in the house with a rotating cast of girlfriends over the years. He bought the home in 1971 for just over $1 million. Once notorious but now mostly tamed, the mansion has not been especially relevant in popular culture for years. Its naughty reputation for sybaritic luxury has faded, along with that of the Playboy magazine, as sex and nudity migrated to the Internet and to cable TV.

And now, this piece of history (and X-rated stories) can be alllllll yours….

IF you have $200 million, of course.

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