A former Elizabeth Taylor residence in Bel Air is undergoing a major renovation and expansion valued at about $47 million. The project, led by developer Ardie Tavangarian, involves restoring parts of the original home while integrating a modern addition. Multiple outlets describe the work as a bid to preserve the property’s connection to the actress’s legacy while bringing it up to contemporary standards.

Reporting also frames the renovation as preventing loss of key historic elements. One outlet says the bedroom associated with how Taylor left it will be preserved as part of the restoration. Other coverage emphasizes more broadly that key areas, including Taylor’s iconic master bedroom, are being meticulously restored and updated. Both accounts place the project on a planned timeline for completion next year, describing a transformation intended to retain the character of the original estate even as new space is added.