Michael Wexler, CEO of Maple Leaf Capital, has put up for sale the 1928 Spanish-style mansion built by Bel-Air founder Alphonzo Bell in 2010 for $5.5 million. After a five-year restoration project that preserved and restored original features while adding modern touches like custom Gucci wallpaper and a new wine cellar, the mansion is now listed at $32.5 million. The estate spans 10,600 square feet and has historically housed notable figures such as Queen Noor of Jordan and film producer Steven Reuther.
Written by the local model on 2026-09-15,
using this article's own text rather than the other coverage of the
same event.
In 2010, an investor bought Bel-Air founder Alphonzo Bell's 1928 estate for $5.5 million; after a five-year restoration, the 10,600-sq-ft mansion is asking $32.5 million
A 1928 mansion that Bel-Air's founder built for himself has hit the market, with an asking price of $32.5 million.
asserted
founder → buy → million
The sale comes after a comprehensive five-year restoration, according to a report by Platinum Tribune.
uncertain
sale → come → Tribune
The current owner, Michael Wexler, bought the estate for $5.5 million eleven years ago.
asserted
owner → buy → million
The 10,600-sq-ft Spanish-style estate is on one of Bel-Air's most coveted perches, with a lineage tracing back to the neighbourhood's founder himself.
asserted
estate → trace → founder
Wexler had no plans to flip the property when he bought it.
asserted
he → have → it
He bought it to live in, and he did, for roughly a decade before deciding the house deserved something more ambitious: a complete resurrection.
asserted
house → buy → something
After that, the estate at 10772 Chalon Road was rebranded as Maison de La Reine, and this month it hit the market, asking $32.5 million.
asserted
it → rebrande → million
Real estate developer and oilman Alphonzo Bell, who established the surrounding neighbourhood and the Bel-Air Country Club, built this mansion in 1928 for himself.
asserted
who → establish → himself
Bell went to architect Mark Daniels, the same man who helped him create Bel-Air itself.
asserted
who → go → Air
By then, Daniels had laid out the neighbourhood's streets and planted thousands of trees to frame them.
asserted
Daniels → lay → them
He'd engineered underground equestrian tunnels so riders could navigate the hills without mixing with automobile traffic.
uncertain
riders → engineer → traffic
This house was Daniels applying that same precision and vision to a single residence.
asserted
Daniels → apply → residence
The Spanish-style design reflected 1920s LA, when Mediterranean-inspired homes were a symbol of luxury and fashion.
asserted
homes → reflect → luxury
The craftsmanship of the mansion spoke for itself.
asserted
craftsmanship → speak → itself
The house features built-in millwork, hand-carved stone fireplaces, and terrazzo floors laid by hand.
asserted
house → feature → hand
Over the years, the 1928 mansion has had many famous owners, including Queen Noor of Jordan and the late film producer Steven Reuther, who built a private cinema and editing suite on site.
asserted
who → have → site
In 2010, Maple Leaf Capital CEO Michael Wexler purchased the property for $5.5 million.
asserted
Wexler → purchase → million
He lived there for a decade before renovating it in 2021.
asserted
He → live → 2021
Rather than gut-renovate, he asked designers Kendra Sosothikul and Paula Press of Studio Berosso to approach the project with a scholar's attention to detail.
asserted
he → renovate → detail
The original 1928 checkerboard terrazzo foyer was preserved and restored in place.
asserted
foyer → preserve → place
The hand-painted Gracie wallpaper adorning the breakfast room ceiling was either conserved or recreated to match period specifications.
asserted
wallpaper → paint → specifications
He also added some modern flair: custom Gucci wallpaper now lines the private office and theatre powder room, while a Calacatta Viola marble fireplace anchors the formal living room.
asserted
fireplace → add → room
A new wine cellar was built with hand-laid mosaic flooring.
asserted
cellar → build → flooring
The original indoor pool was reimagined as a climate-controlled fitness space.
asserted
pool → reimagine → space
The outdoor terraces were expanded to frame views towards Century City and Downtown Los Angeles.
asserted
terraces → expand → City
These upgrades only added a contemporary flair to the historic estate.
asserted
upgrades → add → estate
Listing agent Chris Soffer of The Beverly Hills Estates described the renovation as a continuation of the home's historic character.
asserted
Soffer → describe → character
They managed to find a balance between comfort and history.
asserted
They → manage → comfort
Chris Soffer holds the listing alongside Trenton Armitage, Rayni Williams, and Branden Williams.
asserted
Soffer → hold → Armitage
The buyer will also have to pay a special 5.5% transfer tax under Los Angeles' Measure ULA.
asserted
buyer → have → ULA
This tax applies to property sales above $10.9 million.
asserted
tax → apply → million