(SF)

ATLANTA -- Lisa Ann Taylor, the so-called "Mansion Madam" accused of running a brothel out of her million-dollar home, has pleaded guilty to several charges and has been sentenced to seven years of probation.

She pleaded guilty to one count of possession of cocaine, prostitution, and keeping a house of prostitution. Other charges, including racketeering and other drug charges, were dropped.

"This case is a hooker case," said Gwinnett County District Attorney Danny Porter. "It's a cocaine possession, hooker case. That's all its ever been."

She told Channel 2 Monday night, her decision to plead guilty was not an admission of doing anything wrong. "It was more a decision based on finances. I didn't want to sit here until February waiting for a court trial to go through when I have a house payment I need to make," said Taylor. When asked if prostitution ever took place at her home, Taylor replied "I'm not going to answer that."

Prosecutors said Taylor ran a house of prostitution out of her pricey Sugarloaf Country Club home. Last month, she was arrested again in Gwinnett County for cocaine possession.

Her guilty plea means she won't go to prison, but rather faces seven years of probation in which she must undergo mandatory drug and alcohol screenings and random searches at anytime by law enforcement. Taylor told Channel 2, "I would have rather done without the seven years of it, but it beats staying at the Paris Hilton Inn and Suites."

She must also pay the state $150,000. Gwinnett County District Attorney said that's how much money she gained illegally at her home.

Under Monday's plea agreement, Taylor may be required to testify against Nicole Probert, her alleged business partner. Will she name names from her "little black book?" No one will be able to see any evidence, including the names of clients, until Probert's case is settled.

Probert pleaded not guilty in August to six counts, including prostitution, keeping a place of prostitution, conspiracy, fraud and racketeering. She is awaiting trial, along with several men authorities say were their customers.

Taylor -- a former Penthouse Pet of the Month who uses the stage name Melissa Wolf -- was first arrested in January along with Probert.

Probert performed as an adult entertainer under the name "Naughty Nikki." Together, authorities said, they charged clients $5,000 to $10,000 for sex in the country club home.

Taylor said she now plans to sell real estate.

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