Investor Alan Salzman’s Beverly Hills mansion under contract

$33.5M last ask on renovated manse would be $13.5 million over 2017 price

Los Angeles /
May.May 02, 2022 05:08 PM
Alan Salzman with the property (Vantage Point Capital Partners, Hilton & Hyland, iStock)
Alan Salzman with the property (Vantage Point Capital Partners, Hilton & Hyland, iStock)

Alan Salzman, a prominent clean technology investor and early Tesla supporter, is close to selling his Beverly Hills house at 1024 Ridgedale Dr., which had a last asking pride of $33.5 million — or $3,016 per-square-foot.

At sale at that price would be $13.5 million more than he paid for it in 2017.

The pending sale comes after Salzman renovated the six-bedroom, nine-bath 11,016-square-foot Beverly Hills home, which was built in the style of influential Los Angeles architect Paul Revere Williams.

It features a chef’s kitchen, a catering kitchen, a recreation lounge, a home theater, a pilates studio and gym and a pool house. There’s also six landscaped terraces, which feature a pool, a spa, indoor and outdoor soaking tubs, as well as two outdoor fireplaces and a firepit.

Salzman’s 1024 Ridgedale Dr. had been on and off the market for more than 18 months, according to Zillow. It was first listed in July 2020 for $38 million. The listing was removed in April 2021. It was again listed in May 2021 for $38.5 million, then delisted.

The third time was the proverbial charm. It was listed for $33.5 million on April 1 and a pending sale was recorded on April 28. The listing agents were Rayni Williams of Beverly Hills Estates and Linda May of Hilton & Hyland.

Salzman and his wife Tiara Cameron bought an $18 million home in Montecito in November 2020, according to media reports.





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