We second the astonished tone of HuffPost Home associate editor Michelle Manetti.
In a weekend item, she expressed amazement that syndicated radio show legend Casey Kasem and wife Jean have their Holmby Hills home on the market for a whopping $42 million. What catches everyone’s attention is that if successful, the couple will reap something in the neighborhood of a 2500% profit. Not including any subsequent improvements, they paid under two million for the residence back in 1989.
Redfin.com has a nice portfolio of pictures. There’s a heart-shaped pool and sunken tennis court in the back, four fireplaces, and much more.
Manetti and various other media folks were picking up on an April 5 “Hot Property” dispatch by Lauren Beale for the LA Times, probably in connection with the home being re-listed. But as with so many such items, the person who originally had the scoop last fall on the Kasems’ plans was anon blogger The Realestalker.
[Photo courtesy MLS/Redfin.com]