Suite deal: Smack in the middle of a city known for wretched excess and over-the-top luxury, the Hugh Hefner Sky Villa is right at home.

The Playboy-themed escape, which opened last year at the Palms Casino Resort, topped the list of 101 hotel suites featured in a July/August survey by Elite Traveler, a magazine distributed aboard private jets and megayachts to readers with average household incomes of more than $5 million.

Designed as a high-rise version of Hefner's famed Playboy Mansion, the 10,000-square-foot hideaway boasts an indoor waterfall, a round, rotating bed with ceiling mirrors; and a $700,000 pool cantilevering off the edge the resort's Fantasy Tower above the Las Vegas Strip.

The two-floor spread cost $10 million to build and includes plasma TVs, a massage room, sauna, exercise room, media room, two bedrooms and around-the-clock butler service.

Price: $40,000. A night.

Hefner, of course, stays free. He has never been a big Vegas-goer, but these digs should bring him around more. Hefner said the suite's design was inspired by a once-regular feature in Playboy magazine that conjured up the ideal bachelor pads.

Palms owner George Maloof said the aim was to create something unseen before.

In the Hefner villa, the iconic bunny is everywhere — in the middle of the pool, in the artwork, even facing the Vegas Strip 18 feet high on the side of the building. They're not yet sewn on the suite's bathrobes. But it's in the works.

Hefner checked in for the suite's opening in October 2006. And in March, accompanied by three girlfriends, he came back to celebrate his 81st birthday.

Not quite the Playboy Mansion. But close.