Moby Snags Hollywood Lair

Moby has the nasty divorce of "E" personality Debbie Matenpoulos and Lionsgate Entertainment music-exec Jay Faires to thank for his latest real estate conquest: the musician just snagged a great deal on their Hollywood Hills castle, "Wolf's Lair," according to Luxist.

Moby (born Richard Melville Hall), purchased for $3.9 million this 5,400-square-foot home built by Hollywoodland developer L. Milton Wolf. The musician was no stranger to the Lair: he recorded songs there before under the watchful eye of Faires, founder of Mammoth Records, according to the LA Times.

The home, with 8 bedrooms and 5.5 baths, mostly recently listed at $4.295 million, first went up for sale in 2008 with a lofty $7.5 million price tag. (For a peek inside, see our photo gallery below.) But is it the intention of Moby, a long-time New Yorker, to reside long-term in this home, or sell it in the coming months?