Source: IMDb

Newlyweds Hugh Hefner and Crystal Harris may need to set a price limit for exchanging gifts. Shortly after Harris made her husband a homemade gift for his 87th birthday, the Playboy magazine founder dropped $4.995 million on a Hollywood Hills mansion for the 27-year-old Playmate.

The couple finally tied the knot in January. They’d been engaged for awhile, but Harris called off the wedding in 2011. Now the newlyweds have sealed the deal with their first real estate purchase. According toTMZ, Harris is a co-owner of the property.

The modern manse is constructed in a decidedly different style than the traditional and Tudor-esque architecture of the Playboy Mansion. The 5,917-square-foot home was built in 2011 with several modern amenities, as well as a view of the city lights. A gated entrance leads into a contemporary kitchen and up a floating wood staircase into a luxurious master bedroom and bath. Outside, a white-glass infinity pool and deck provide secluded relaxation while sliding doors out front provide open-air living space.

Hefner has lived in the famous Playboy Mansion for several years, but it may come as a surprise that the millionare doesn’t own it. According to details of the lease, filed with the SEC as an appendix to his employment agreement, Hefner pays rent for the 29-room house.

With the Playboy Bunny House (across the street from Hefner’s not-so-humble abode) recently listed for $11 million, time will tell whether Hefner decides to make the Hollywood Hills home is primary residence.

Hugh Hefner, Crystal Harris Own First Home as Husband & Wife | Zillow Blog.