Los Angeles: Playboy boss Hugh Hefner has reportedly sold the Playboy mansion for over $100 million.

The Holmby Hills estate — owned by Playboy Enterprises — has been bought by Daren Metropoulos, who lives next door to the property, reports tmz.com.

Hugh had put the estate on the market for $200 million. While the sale price has not been revealed, it is claimed it went for over $100 million.

The buyer has agreed to allow the 90-year-old media mogul to remain in the property until he dies.

Daren, whose father is billionaire C Dean Metropoulos, bought the home next door to the Playboy mansion here for $18 million in 2009.

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The Playboy mansion 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.

It also houses the Playboy magazine offices in a separate wing.

The 21,987 square feet Gothic-Tudor style home sits on 5.3 acre and was designed by Arthur R. Kelly in 1927.

Hugh currently lives in the Los Angeles mansion with his wife Crystal Harris, 30.