Former Playboy centerfold Barbi Benton and her husband, the sartorially daring real estate developer George Gradow, currently have their longtime Bel Air, Calif. home listed for $11.95M. Benton, who spent quite a few of her early years living with Playboy founder Hugh Hefner, has been splitting her time between Bel Air and Aspen, Colo., where she and Gradow own a spectacular hillside structure. Gradow, who made much of his money through investment in mobile home parks, recently spent a few years in the federal pen, courtesy of a conviction for tax fraud. Soon after his release in 2008, the couple listed this sprawling, 11,600-square-foot mansion for $17.5M, but after a series of price chops (and one price hike) the price is down to a lowly $11.95M. The house looks like it could be a product of the '70s, but was actually built in 1990, and sits on 2.75 acres with views over the nearby hilltops to the city.
· Barbi Benton Lists Los Angeles Dream House [The Real Estalker]
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