Google Chairman Eric Schmidt Buys $22 Million Residence Right Next to Playboy Mansion

Eric Schmidt, chairman of Google, has reportedly purchased a palatial residence right next to Hugh Hefner's famous Playboy Mansion in Los Angeles for $22 million.

According to the New York Post, Schmidt snagged a slight discount on the purchase. The residence at 539 S Mapleton Dr, L.A., was initially listed for $24.99 million. This residence belonged to late actor Gregory Peck's widow, Veronique Peck. Mrs. Peck passed away in 2012 and the home came up on the market, August 2013.

Listing records at Zillow state that the mansion is a 9182 square feet single family-multi winged residence sitting on a prime 1.31 acre lot. Comprising of seven bedrooms and nine bathrooms, the double story house features plush interiors.

Mixed flooring and high drywall ceilings with large glass doors and windows make up the insides. Exclusive living spaces include two powder rooms, a formal dining area, an office and guest suites.

Outside, the home has manicured gardens, a swimming pool, a lounge area and ample parking area.

The listing description reads:

A long private driveway leads to this elegant and grand French chateau with over 9,000 sq.ft. of living space on the most sought after street in all of Los Angeles. Sited on approximately 1.3 acres of magnificent grounds, this estate provides an exceptional lifestyle with wonderful space for both luxurious living and lavish entertaining. Walls of glass and French doors throughout allow the light-filled environment to integrate with the beautiful lush exterior. Downstairs are the formal living room, family room, formal dining room, chef's kitchen and breakfast room, 2 maid's rooms, laundry, 2 powders, and the guest suite. Upstairs, 3 family bedroom suites, office, and master suite with terrace, fireplace, his and her baths, dressing rooms, and walk-in closets. The grounds offer a serene setting and great space for entertaining with abundant patio space, expansive flat park-like grounds, manicured gardens, and swimmers pool.

Check out the photos of the home here.

Schmidt's brand new home is just a stone's throw away from the famous Playboy Mansion. In fact, the Daily Mail says the house has an ample view of the mansion.

Schmidt is the executive chairman of Google and his net worth is about $8.3 billion as of September 2013. He recently earned a $106 million bonus on the web giant's solid performance, reportsCNN Money.

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