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.
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