The Playboy Mansion is up for sale - and there's reportedly a MASSIVE asking price set when it goes on the market.

The famous home of the publication's owner Hugh Hefner is said to be getting listed over the next month, and Playboy Enterprises is wanting at least $200 million for it.

According to gossip website TMZ, the six acre Holmby Hills estate - which was built in 1927 - has been described as a "tear-down", with much of its value actually compare from the acreage.

(Image: Getty)

However, it's reportedly unlikely it will be sold for such a high amount, with a comparable property in the area recently going for $60 million - with the mansion's history bumping the estimate up to between $80 million and $90 million.

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There's also a pretty big condition apparently tied into the sale - Hefner, 89, must be given a life estate by whoever buys the property, meaning he can continue to live there until he passes away.

(Image: Getty)

In addition, prospective buyers are allowed to tour the property, but the star's bedroom is said to be off limits.

Meanwhile, Hefner's publication recently revealed its final nude covershoots, having made the decision to stop publishing photos of naked women .

The magazine famed for its bunny girls, who have included Baywatch star Pamela Anderson and supermodel Kate Moss, aims to become more accessible as it enters its 63rd year, its chief content officer said.

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Cory Jones, who was appointed in July, told the New York Times: "You're now one click away from every sex act imaginable for free. And so it's just passe at this juncture...

"Don't get me wrong. Twelve-year-old me is very disappointed in current me. But it's the right thing to do."