In 1981, Elizabeth Taylor bought Bel Air ranch house; in 2026, it was saved from demolition

After the death of iconic actress Elizabeth Taylor, her Bel Air ranch house faced a dire fate of demolition, following its purchase for $11 million by a developer. Fortunately, the estate has been saved and is currently undergoing a lavish $47 million renovation. The original structure will be honored as the 'Elizabeth Taylor wing', complemented by innovative features like a subterranean buildout and a retractable roof for optimal stargazing.