Tony Williams Acquires Beverly Hills Chateau From Jean Kasem For $12.2 Million

A single-family home located at 1027 Ridgedale Drive in Beverly Hills, CA, has been sold for $12,200,000. The property spans 4,392 square feet, translating to a price per square foot of $2,778. The asset was initially listed at $18 million, demonstrating a significant reduction in sale price from the original asking amount. Jean Kasem, the seller, had purchased the home for $10.6 million in 2023 and listed it for sale in June.

Summary of transaction details:

• Property Type: Single Family
• Transaction Amount: $12,200,000
• Buyer: Tony Williams
• Seller: Jean Kasem
• Buyer's Representative: Carl Gambino - Gambino Group @GambinoGroup - Compass
• Seller's Representative: David Parnes - Carolwood Estates
• Square Footage: 4,392
• Price Per Square Foot: $2,778

In this transaction, Tony Williams, a former KCBS-TV weather forecaster, acquired the property from Jean Kasem, who had listed the home featuring a French Normandy-inspired design. Williams plans to restore the 1935 residence, adding to the home's historic value while realizing a purchase significantly below the initial asking price.